GBPCHF update

Good Evening Dynamic Traders,

I posted the GBPCHF last Tuesday and price initially went down and then started to go up. Most of the time upon entering a trade or being triggered the profits don't always arrive instantly and it makes us question ourselves and doubt whether we should have gone in. One of the things I have learned is to persist, and follow my rules and discipline and not worry while the trade is still in negative territory.

Price is approaching several resistances so it may turn and come back down. Of course there is always a possibility that it will break through and the bulls will take over in which case I will get stopped out and that is all part of trading. If price does turn it will present an opportunity to enter.













Gold has produced some good profits for a few people I know. who took a very aggressive stance. I did not post on it yesterday as it produced a doji and the direction was still unclear. Whether price has definitely turned is anybody's guess but for the moment the signs are looking slightly bullish.

Good Trading!
Bijal Shah