Disliked{quote} But considering the recent bullrun which extends more than 2000 pips, isn't 100 pips profit 'too low' compared to the potential risk (in the event of GBP keeps raging). My chart tells that we're going to hit a major supply are around 1.7000, and we can see divergences forming on Daily. So my gut feeling is we may have a nice correction (might be in magnitude of few hundreds pips) but before seeing a good price action on the supply area I don't dare to short it yet. I got burnt badly on trying to pick a GBP top during this bull run so I'm...Ignored
- Joined May 2007 | Status: MT4/MT5 EAs/Indicators/Alerts coder | 6,486 Posts
MT4/MT5 EAs/Indicators/Alerts coder