DislikedI have to agree re short Vicky BUT BUT BUT what are the ODDS around pivot line?{image}Ignored
1st fundamentally inflated GBP finally is coming back to earth after decimal numbers and week is coming to close.Think about it why would MM buy GBP after shitty numbers with 2days left to trade.More likely scenario is further dropping this hot potato.
2nd in downtrend selling rallies apply and uptrend buying dips.This is trading 101
Selling at pivot is acceptable when it aligns with chart and fundamentals.Is it ideal? No but certain situations yes its ok.
In trading, you have to be defensive and aggressive at the same time
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