August 06, 2020 | Short Term Trading
Posted: Thu Aug 06, 2020 6:47 am
I will be away from my desk for a few hours and wish everybody a good trading day.
GBPUSD H4 chart is telling me that we will see some nice price action today.
Re: August 06, 2020 | Short Term Trading
Posted: Thu Aug 06, 2020 3:15 pm
I entered long when it looked like it wants to go higher but the momentum collapsed and I closed the trade at break even. Later I entered a second buy trade but as the price did not move as anticipated, I closed the trade manually at break even.
When you see a chart like this, it is usually the best to wait until there is a clear direction.