I haven't been posting for over a year . so today i shall start to log my trades
have taken a long trade on gbp/usd from 1.5605 first target is today's high 1.5675
have taken a long trade on gbp/usd from 1.5605 first target is today's high 1.5675
This is my 4hr chart showing my support trend line which became Resistance this made it easier for me to decide on when to close the trade. closed for a gain of 85 pips as cable stalled at the trend-line and also hadnt broken 1.5700
Eur/usd
Divergence was clear on hour chart , this is where the last stock peak is level or slightly lower and the candles have a higher corresponding peak . this suggested that the euro rise is running out of steam.
I took a small trade shorting the euro closed for 10 pips profit as trade volume was low this was probably due to time of day and it is a Friday. Am expecting next week euro to make moves lower after today's sugar rush is digested .


