Simple Profitable System

Yesterday's PMI data from the US was positive and should have strengthened the greenback but I think the political uncertainty arising from the Tariff or trade war might be the reason the charts are a bit unstable for now. Today JOLTS job openings and later NZD too will get to see employment data. But all these will be reflected correctly on the charts technically. It is good to keep an eye on the fundamentals so that we can be aware of upcoming events especially the ones we can have foreknowledge of before they occur so that we don't get caught off guard with huge swings that react to geopolitical events. Please let us have more input...

Just wanted to share a trade i took today although it was a synthetic trade I have come to learn that Technical Analysis is the same for anything that is tradeable as long as it is on the Charts. For me the Trend is the key from higher timeframes then the same pattern is followed into the lower timeframes as we can see. There are of course other types of trading styles such as mean reversion which i will also like to share in the future but for now its only Trend trade with low risk but high returns.

Hi, I have been away from trading and focusing on other things. But today I was able to resume once more even though i was a bit late to enter this setup. I would want to share the advantages and ease with which riding trends can be to a trader who might be struggling to get profitable trades. This trade i took is to share my humble view and approach to entering and exiting trades.

Looking at GBPUSD we can see that the market is in RiskOn mode that is investors are finally getting relieved with the fear of the Tariff wars and I am sure with President Zelensky now agreeing to come back to the peace table and also to sign the metals deal This has eased global tensions and we can see GBP or the Cable gaining some ground against the Greenback. Lets see how this week pans out for Trend traders. We should watchout for any new geopolitical news though. Normally in times when the global markets are feeling happy and their are no geopolitical tensions then the markets will take more Risk by investing in Stock markets and thereby creating the need to buy local currencies that are not Safe Havens.