The stock market is and can be aggressive but the currency market is a BEAST... I am trying it out my first blog tade is short GBP/USD ... THE MOST IMPORTANT questioning in currencys seems to me is why trade this pair and to where???(rhetorical question)
The trade:
First I compared the GBP/USD VS. USD/JPY WHY ?both parse were pressed up.against an upward trend line and one of them was going to break it to the downside.... And that was my going to be my trade... Monthly and weekly charts also indicate a possible bearish flag formation... Now just have to sit on my hands and watch...
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