roostyroo25

Strong signs of continuation on the trend. (agree or disagree)

Short
FX:GBPUSD   British Pound / U.S. Dollar
as shown there is a strong trend to the downside, expecting a continuation.

SL: just above most recent resistance.
TP: supported by the fib and a fairly recent support.

just waiting for the confirmation of my indicators to go short.

what do you guys think.

Comments

i believe with NFP Coming out today it will shot this into a Long, Just wait till 1:30Pm GMT
+1 Reply
roostyroo25 Owenshaw99
@Owenshaw99, yes! thanks for the headsup. managed to close in profit just before.
Reply
Owenshaw99 roostyroo25
@roostyroo25, thats no problem, To learn when other major new will come out use a webstie called Forex Factory
it tells you about upcoming news that normally affects the market
+1 Reply
roostyroo25 Owenshaw99
@Owenshaw99, Ah right, ill give it a look, cheers!

what type of trader are you owen?
Reply
Owenshaw99 roostyroo25
@roostyroo25, wouldnt know as such just getting started but learnt alot from my guy, he meantioned forex factory, and the NFP which he also said was no fucking profit. just starting to trade real money this last week
Reply
roostyroo25 Owenshaw99
@Owenshaw99, nice man, hows that going for you?
Reply
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