News at 7am on 31st March will rock the markets a bit. So look into this before actions.
Currently I am in a long term buy as FTSE will no doubt somewhat recover to pre crisis levels
I see a head and shoulders patten forming and at the top of the right shoulder, a sell trade may be opened. when this one is done i will buy again.
I think i uploaded this twice check the older one aswell
**Copied from previous post**
I am currently Short in this pair, however i am keeping a keen eye to become long at the 61.8 fib level, once it gets to the bottom green line i would be looking to buy it all the way to the top green line then move the stop loss to where this would be a risk free trade.
Just a thought to sell this pair on a short term basis. Ignore the stop loss, it should be above the top resistance line. This trade is meant to go further that the basic support resistance range. thx
COULD SOMEBODY WHO UNDERSTANDS TELL ME HOW MANY PIPS THIS IS WORTH