GBPUSD sweet divergence has formed and overbought so looking short to 1.40980 but as youy know llama doesnt wait too long so the market doesnt reverse on him.
Expecting GBPJPY to drop down to 154.860. Its currently overbought on the relative strength index(RSI), but i think i'd take profit before then. Every man to his trading plan.
Foreign exchange(FOREX) is a deadly game. if you know already, you know its zero sum; which means for one side to gain, another side has to lose.Two or three years ago when i started trading, i used to do a thorough technical analysis from sometimes month to day because of the falsehood that the market is fractal from top to bottom; to the layman, the major...