It’s going to be a busy week this week! If you’re looking for a quick read on what to expect from the forex market in the coming days, here’s Forex Gump’s weekly forex outlook.
In the meantime, because it’s a brand new week (and a new month in just a few days), we want to know:
What’s the one thing you’d like to focus on this week?
As always, this could be trading-related or something completely different. Maybe you want to focus on a particular pair, a particular news event, or maybe making time for certain things in your life like a hobby or your family?
This week, I’m not gonna force myself to open a trade. Haha. Although I’d still be checking out my charts just in case I stumble upon any really good positions.
definitely using proper risk management, and sticking to it,meaning not cancelling my SL’s because I feel like my trade will keep going the way i think it’s going to go , or not adjusting them LOL
Cable for sure is going to be one of my watchlist.
Prediction:
Short reversal on the relatively weak fresh resistance (I call it supply zone 1.31800-1.31900).
Down to Fibonacci 0.61 - at level 1.31200ish for Long opportunity.
I welcome the FIB experts comments. Thanks.
I like trading on euusd but this pair is in some sort of channel for some time, so only short term or daily trading has some sense. I dont do gbp as I am waiting outcome of Brexit in order to know what to trade. Gold is definitely going to be in my focus during next week