GBP LONG but there are some pitfalls

Obviously I think the dollar has peaked, but the "smart money" won't make it so easy for the average player to enter, and from what I've seen, they will try to wipe out as many long stops as possible before any significant rally, so from today's meeting to tomorrow's NFP this is how I imagine it will go

Kommentera:

This trend may apply to any non-US currency pair and XAU/XAG

PS:If there is a rise after tonight's rate announcement, perhaps the situation will be more complicated

Handel aktiv:

There is a magic trick called "Misdirection", which means that something will always happen, but never at the moment you think it will

Handel aktiv:

Wait for pinbar to appear and enter

Handel aktiv:

enter SL 1.105 TP 1.2

Handel aktiv:

Manually profitable one-half of the position, because rising too fast is not a good thing,he looks more like a trap