It looks like we are on slow bearish trend on GBPUSD. The guidelines below might help you in deciding on your practice trades today:
Bearish Trend:
Q1: Sell
Q2: Sell
Q3: Sell or wait until it enters Q2 or Q1 then Sell
Q4: Buy
It looks like we are in Q3 today.
Now, Before everybody panic. Should we go into a ranging market, below are the guidlines:
Q1: SELL
Q2: Wait until it goto Q1 or Q4
Q3: Wait until it goto Q1 or Q4
Q4: BUY
Which one is first, Chcken or Egg?
Bearish Trend:
Q1: Sell
Q2: Sell
Q3: Sell or wait until it enters Q2 or Q1 then Sell
Q4: Buy
It looks like we are in Q3 today.
Now, Before everybody panic. Should we go into a ranging market, below are the guidlines:
Q1: SELL
Q2: Wait until it goto Q1 or Q4
Q3: Wait until it goto Q1 or Q4
Q4: BUY
Which one is first, Chcken or Egg?
Change Your Thinking. Change Your Life - JD