Disliked{quote} Hello good people, I am very busy with my work for fund and company + doing work around website and presentation for the seminar that I will hold in Prague, but found finally some time now. I didn't open any new position this week, I am just holding my long position on the Gold from $1.285.00 and currently, I am in profit 2.5:1 RRR. Since I don't see any signs of reversals and the value is building lower + the price is approaching the larger median line, I would wait to see what will happen tomorrow and few hours before FOMC decide what...Ignored
Wanted to update you on my positions and my results for January. This year started very well for me and I finished January with +7% on my account. I am very proud that I did catch biggest runs on GBP/USD and Gold. I also did a perfect job in managing those positions as well, which resulted in very positive. I closed Gold today with the profit of 4% and around (3800-380 pips). I currently have sell position on the GBP/JPY from 142.78 due to good conditions in my opinion and potential for very solid reward. According to the market profile, I found lower values day by day, which is a sign of the short - term downtrend. Also, I found acceptance below the key short - term support 142.70 and bearish breakout of the 2-day balance in the background, which is a sign that weakness is present. I don't have a fixed target yet but from 350-500 pips is my aim.
Hope that you are doing also good If you have any question, feel free to ask...
Best Regards,
Petar
"Buy on fear, sell on greed !!!