GBP/USD Keep Up trending

GBP/USD Uptrend rally

Since yesterday, There is no sign for GBP/USD stop their Up trending, and it might keep up trend till end of this week, this prediction also comes with few great news from UK its self, from Salary rate to unemployed lower 0,1% than their actual prediction, but the GBP/USD might slightly affected by inflation in UK, its better keep eyes on the UK inflation rates.

GBP/USD is Break the Resistance

GBP/USD is breaking the Resistance level

Today when the market was open, GBP/USD has break out resistance level for 4 hours chart, I was set the resistance level at 1.42833 and 1.41505 as support level. after the GBP/USD down to level 1.42353 for a while then it up again and break the resistance level. I have followed the chart since morning, and I can tell, GBP/USD is going to Up trend again.

GBP/USD Bearish Trend Confirmed

GBP/USD Bearish Trend Confirmed

After have followed the GBP/USD since yesterday, I have found very strong pattern that might Door step of Bearish trend, following by half size Bearish candle stick at frist, then Bearish Doji then followed by bigger size of bearish doji, I believe, when the market Open the trend will Down for GBP/USD, but its better if you keep follow related news from GBP and USD side.

Bearish for GBP/USD?

Bearish Trend Start From Here?

After have followed GBP/USD for 10 hours, atleast I see 1 and half big bearish candle stick, does it mean Up trending already over? For my prediction is the bearish trend will start from here, If you want to Sell, wait for a little longer for another bearish Candle Stick for confirmation.

Keep in mind, it better if you have another hard fact news to confirm this

How Many Pips?

I have kept hear someone asking me about how many pips should he take? Well, for me its not easy to answer it, because we can't predict or forecast the price UP/Bullish or Down/Bearish, but can you predict the Future with 100% accuracy? I don't buy it.

In Forex Trading, people can keep speculating or predict or forcast but there nothing absolute in this world, the Price is keep changing for every second what we could do only read the pattern and predict. at most the accuracy only 53% to 55%, so if i have to answer how many Pips should i take? The answer is "depended on your self".

If someone tell you strictly that you must take 210-240 pips (5 number behind comma) or 21-24pips (4 number behind comma), I say its the foolish thing that I ever heard, If me, i will take any number Pips as long it close with some profit or small profit. In Forex trading we can't be so greedy, You can't make huge amount money in one go, even it Professional trader too, so its better secure some profits for your next trade.

Note: Take Advantages of Leverage to make more profit

GBP/USD Evening Star? Fake or True?

Fake Evening Star or True?

Since last post in GBP/USD Uptrending, I'm keep monitoring GBP/USD for 5 hours till now, I have seen there is slow changes from inverted hammer pattern to Evening Star pattern but i'm not so sure for now because there is any possibility the candle moving to bearish candle, This is just my speculation.

GBP/USD Keeping on Up trending

Fake Evening Star

As i Said, I have followed GBP/USD since the Evening Star appear, but unfortunately, it was a fake signal, and it quite cost me lot, about 240% from my base balance, and I'm broke now. But, I will keep follow & monitoring this GBP/USD from now on, but I can't trade for now, till i make deposit again.