Hello everyone!

Today I have taken an intraday GBPUSD trade that may turn into a long term position trade as per the weekly chart. I don’t know what’s gonna happen with this trade, but I reckon it’s worth to risk 34 pips in order to aim for 400 pips. I am definitely liking the way the weekly chart is unfolding on GBPUSD for a new thrust to the upside.

We will see.

PS: I hope you guys like the new layout for the website. I am aware that there are still few glitches, but I will try to polish them out in the next following days. At least it’s fully operative now :)


2 comments to “GBPUSD - Perhaps a position trade?”

  1. A. Sumrin

    I wish you all the best in your trade (GBP/USD), personally i don’t like the longterm on this pair,cuz of the news almost every day.

    Your site looks very nice, better than before.

  2. nuaryoung

    I also noticed the weekly chart and when you magnify it to H4 you can see how the 3 sma curlying to respect the weekly trendline. It also create a double bottom pattern. But wasn’t it around 2.xxxx seems so high? how bout that guys?

    I do believe it’ll go up but 400 pips seems so high but if it past our breakeven, hehehe we can still make profits. :)

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