I will wait until 125511 broke. Go open short position and TP at 124809.
I will introduce myself. I'm Yusak. I have been trading for almost 1 year.
I love when first time I knew it.
That's why, most of my analysis are according to things.
Forex is so risky. So I'm not suggesting you to following this without compare to others.
Decision is yours. I Just share some idea, maybe you disagree, or agree?
i am udnerstanding your idea completly :agree: - but i would go a step furter :idea:
i can`t imagine how the market will react to the FED decission this week! And from this point of view i`ll watching GBPUSD this week only ...
short i would go under 1.2450 GBPUSD first - even to trade the break down of the upside trend. but to go short even to the upside trend is also a good possibility ahead of FOMC decuission and press conference :shades:
first off i am feeling good to stay neutral!
But, yeah.. we'll never know that The Fed is going to raise the interst rate or not..
Even the possibility is high, there's always room for not.. So I will taking "risk" on this situation..
I already count how many points I could get loss...
But overal.. Thanks for your insight..
That's really helpful so I can see the bigger picture..
i didn`t want critize you - on the contrary :)
i only would complementary your :idea:
How ever, were meanwhile connect together!
I am following you too!
I will stop on 12696..