In a long term, GBPCAD has been on a downward trend. However, it has retraced to a level that is interesting for me to start selling. Oil prices, which are related to the Canadian dollar have started to rise once again. Therefore, I am short this pair. I have a stop loss to prevent blowing my whole account. It is better to take a small loss that gives me a chance...
GBPJPY has been retracing for some days, creating a better opportunity for bullish continuation. The downward treandline has been broken and is being tested. Time to enter a long trade with the appropriate Risk. Remember risk management is the most important.
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The GBPJPY has made a significant retracement to a key level. A break above the downward treandline is a potential bullish continuation. Appropriate risk management is KEY.
Fundamentally short on EUR ,an opportunity to sell EURAUD presents . The treandline was broken and a retest was done. Time to sell with appropriate Risk management
