Forex is predictable.

I think it will be better to close the position with some 30-40 pips profit right now, because the wave structure looks tricky.

 

the dollar is my bitch today

 

The dollar is a cheap ho, it'll just keep going down for any price!

I take it you had a good day today?

 

thats way i like it cheap and easy

 

short dollar from here..hold overnight

 

Based on statistics, a frequency distribution in particular, when the GBPUSD makes a new high or low for the day, a retracement or reversal of 20 or more pips is highly likely. This can be exploited for profit.

 

I use a M5 chart to time my entries.

 

trade closed out and in the bank

 

Nice trade!