Gbp/Usd

Gbp/usd acha pair hai eis mein earning krna kafi difficult hoti hai kyun k eis pair ki market easily
samjh nahi ati eis tarah eis pair mein loss honey k ziyada chances hotey hain eis ka trend down
hota jaa raha hai

It would be interesting to see if GU can close near the high of last week. I sure would love to wager on a lopsided gap!

You haven't even tried to answer my question, I was only trying to help you.
Now cut out the smart remarks and just for a moment think how it could be done.
I am not going to spoon feed a newbie.

Don´t waste your time, no one can show such an account at all, it´s all fake or manipulated screenshots. A verified MyFxBook link (can even disable to show his equity) would be easily done in less than 5 minutes, including sharing it here - instead you always just get screenshots and excuses why they cannot do that, haha. Grids and martingales will always fail in the longer term (fail = account wiped in the cases of these kind of systems), been into that for 20 years, you always see the same kind of people claiming "BUT I´ve made it work with this magic formula" LOL ;-) They don´t notice that they are just moving there wipe out (drawdown of 99%) into the future and get it on one day. That can work for 2 years, or that can be tomorrow, they don´t realize that as the curves look "so nice" before it happens. Don´t waste your time, really, use the ignore button instead :-

I am surprised you are answering in this matter when you are in fact a algo trader for the last 20 years. Surely you know how to handle a draw down.
This is common knowledge and is being used by full time Algo traders for a few years now.
I will just stick to GU talk and let the ameuters work it out themselves.

Seems like the pullback on the GBPUSD daily chart is completed and the price may try to go back up to the 1.3200 level, which could act as resistance. To the downside, the 200 day EMA at the 1.3000 level could act as support.
1

Hey all....

Updated trend line on 1hr, top line is new one and old line worked well for me and hopin new one can be traded of.....

Price above MAs so I expect more upside, see what happens...if you don't know this rise in Cable was due to Dovish comments by the Fed at FOMC..

I like to close positions on the day due to the excessive swap charged however if I think there is a good chance of closing trades in profit the next day I will hold( I'm Hodlin......LOL). Always close trades for weekend, and would have to be exception circumstances to keep a trade open over the weekend.

Technical analysis of GBP/USD is StronglyBearish

Resistance and Supporting levels is :

Resistance level is

1> Resistance level is: 1.3148
2> Resistance level is: 1.3193
3> Resistance level is: 1.3240


Supporting level is

1> Supporting level is: 1.3056
2> Supporting level is: 1.3009
3> Supporting level is: 1.2965

Dax has opened for business....woeful German retails sales figures......hmmmmmm

In @ 1.3132...

Target 1.3159

SL 1.3095 that I only have in place for sudden price drops I can't respond to...