I have received a lot of emails from readers asking me why I did not post any signal on my blog for them to follow.
The reason why I did not make the post is because the higher time frame is moving in opposite trend from the lower time frame which makes it a period of tough trading.
For this type of period, you need to be very alert in your trading as you need to know when to cut short the stop loss.
For user of my trade copier service, I have entered trades for you guys and I myself will be monitoring it constantly. Finally on last Friday, the price finally broke above the resistance thus making us close to 185 pips profits on the EURUSD and GBPUSD.
Below are the 3 profitable trades closed on Friday
Below is the live trade video I have recorded for you guys
At the time of writing this post, we still have an ongoing trade with 50 pips profits and I have shifted the stop loss to breakeven.
Below is the ongoing trade
My Analysis for the EURUSD and GBPUSD
The overall movement of the EURUSD and GBPUSD is UP for this week but we have to first wait for the price to retrace back before we enter another BUY trade on these 2 pairs as the price has moved up by quite a bit on Friday.
In addition, these 2 pairs are getting closer to their resistance which could push the price down as a retracement before it continues to move up.
I will keep a lookout for you guys and update you on the blog
For those of you who are interested to join my trade copier service for 30 days free trial, you can take a look at the link below