GPBUSD: Superb enter point in my opinion (HIGHEST RISK TRADE!!!)
I believe in 1.32 level and there is just a question of timing for me. I have opened a trade. However, this trade is highest risk one. If you trade Forex with huge margins, be prepared for great losses if unexpectedly price drop till 1.0-1.12! Calculate RR ratio many times before open a trade. Not for those who just started to trade! Not repeat others (also mine) ideas, always make your own analytics and risk profile.
Comment:
There is risk of decline till 1.238. Be carefully if you have opened Long position. However, huge rise could be rush and unpredictable, so not recommend to open shorts.
Trade active:
Trade active:
I have return Longs. However next week probably brings us 1.22 (Monday?) or even 1.12. Not a good decision to have Longs right now. However, I do. Heavy shorts while price is below an orange line.
Comment:
Have closed a trade. Don't like a dynamics. Going to reopen it later probably. Be carefully here.
Order cancelled
Order cancelled:
Trendline was broken. Down, probably.
Order cancelled:
The dangerous asset. A rigorous risk management is mandatory.
