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Reflection on this week’s trading GBP/USD
So pretty solid week trading this pair. Made £9k and implemented some changes to my overall strategy for better risk mitigation, particularly to this increasingly volatile pair, plus the potential for Trump to post something wild. A couple of key insights; * MACD is the single strongest indicator for this pair * I need to be reviewing all trades at the 5m, 15m, 30m and 1hr time frames. 30 mins seems to be overall most reflective of short term trends * I switched brokers from T212 to IC markets. On paper far better spreads and charges * Ive qualified for a ‘pro’ level account (paperwork provided) to prove I move volumes and have a high net worth. This gives me up to 1k:1 leverage which is helpful, but probably won’t use, plus some more decent access to proper hedging protection, which Ill need to research I think that’s all for now, maybe come back and add more detail when I remember something. thanks https://preview.redd.it/rc9k9nh6hkke1.png?width=620&format=png&auto=webp&s=1a28dbc5542336591d0f390351b1cb8dc8478b263
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