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I have been trading Forex for just over a decade now. My trading style is swing trading ( not day swing trading). some times it can be positional trading as well. my intend here is to get people who trade Forex together and start a trading group, where we can share analysis ideas etc. please reply to this journal if you want to participate.
i am going to start with a pair, i have sold GBPAUD. the circled area is a strong resistance, and has show us good bearish candle yesterday ( with volume), today we can see a retrace in Asian session. i am expecting GBP to go down, after Brexit, the disturbance is likely to make pound week. AUD has seen buying interest as well. so GBPAUD make a good pair to trade the situation.
Can you help answer these questions from other members on NexusFi?
I believe oil will go up from here for a short swing, iran has virus issues and oil production will drop, most arab countries will be effected, demand of oil will grow. buying oil