A very big part of trading is stalking the markets. Good traders are always tracking the charts days and weeks in advance to see how patterns are developing, waiting for the right moment to strike their ‘prey’.
Yes – for sure good opportunities don’t come along very often. But that’s part of the ‘job’. A good trader is spending much time in the background preparing; keeping his powder dry as they say.
GBPAUD has some interesting things happening. See annotations on charts. Nothing in this post indicates probable entry points. (See disclaimer at end).
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