About meBased in Singapore, 10 years of Banking and Trading Expeirence. Forex and Future Mentor and Trainer, BILINGUAL both English and Chinese Teaching.
Trained more than 1000 traders in the past 5 years. Founder of Harmonicasia and Jack Trading Academy
First of all: the last trade which we short from 1.1994
is very profitable. +300 pips, so it is wise to take some profit of the previous trade
PLAN A: If the bullish BAT pattern works
and price failed to break down 1.1660
,we can consider to buy EURUSD and aim for 1.1841 and 1.1937
If NFP is very good and Dollar get strong,
when we see 1.1660 is...
GBPUSD WEEKLY OUTLOOK
1.3241-1.3449 are important supply zone
1.2300-1.2108 are important demand zone.
For long term swing traders, if you want to buy gbp
for value investing (coz it is really cheap)
1.2300 will be good entry
EURUSD Sideway and rejected by 0.618 level
After EURUSD hit 1.1910, price couldn't
make higher high any more
and what we can see is equal highs that rejected
from 1.1815 the 0.618 level.
Therefore Short EURUSD now , SL above 1.1905
Gold test the 1228 Support again
Buy the pull back, SL below 1224
Gold goes up and test 1247
find place to short, remember to check price action
Best will be a pin bar to tell u there is sellers.
Sl above the pin bar