I have exit the GBPUSD trade yesterday with a good profits as I see that the price is being resisted by a strong resistance but I am still looking to BUY the GBPUSD when the right time comes as my trend strategy shows that the GBPUSD will be moving up.
I have recorded a live video for the trade yesterday
For the above trades, I exit it at 33 pips profits.
Below are the trades that were taken this week and we have made a nice 30% growth to my account this week.
We have made $1,443.99 for this week so far for an account that started with $4,500 at the start of the month. I have shift to show you the outcome of the small account so that it can relate better with you guys as most of you have an account that is less than $5,000.
For an account with $1,000, you will see $300 profits in your account this week alone
For an account with $2,000, you will see $600 profits in yoru account this week alone
Let us come back to see my analysis on the GBPUSD and GBPJPY this week
If you take a look at the picture below, you can see that there is a strong resistance at 1.27379. However I am pretty confident that the price will break through it and therefore I will look to enter a BUY trade on this pair when the chance come.
If you take a look at the GBPJPY below, you can see that there is a strong level of support at 136.314 where the price has been testing. I think that the price will most probably break below it but will eventually be supported by the EMAs instead
I will look to BUY this pair as well if the opportunity comes
If you are interested in my trade copier, you can take a look at the link below