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![mazen nafee](https://c.mql5.com/avatar/2014/7/53BAF0E2-B63F.jpg)
mazen nafee
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Young Ho Seo
I am seeing GBPUSD trapped inside the envelop of the rising wedge pattern over two weeks time. Will GBPUSD bounce back up or break down the bottom of rising wedge pattern? Note that the envelope of rising wedge pattern is getting narrower and narrower indicating that there should be some serious breakout soon or later. Which ever direction, movement will be big and some will laugh and some will cry.
I also see H4 time frame triangle pattern. With many patterns indicating the same, This is probably time to watch out on your risk management side of business not to wipe out many weeks of your cumulative profits from sudden large movements.
Today we have Core CPI and Existing home sales. :) :) enjoy trading.![I am seeing GBPUSD trapped inside the envelop of the rising wedge pattern over two weeks time. Will GBPUSD bounce back up or break down the bottom of rising wedge pattern? Note that the envelope of rising wedge pattern is getting narrower and narrower indicating that there should be some serious breakout soon or later. Which ever direction, movement will be big and some will laugh and some will cry.
I also see H4 time frame triangle pattern. With many patterns indicating the same, This is probably time to watch out on your risk management side of business not to wipe out many weeks of your cumulative profits from sudden large movements.
Today we have Core CPI and Existing home sales. :) :) enjoy trading.](https://c.mql5.com/1/5/GBPUSD_daily_e.png)
I also see H4 time frame triangle pattern. With many patterns indicating the same, This is probably time to watch out on your risk management side of business not to wipe out many weeks of your cumulative profits from sudden large movements.
Today we have Core CPI and Existing home sales. :) :) enjoy trading.
![I am seeing GBPUSD trapped inside the envelop of the rising wedge pattern over two weeks time. Will GBPUSD bounce back up or break down the bottom of rising wedge pattern? Note that the envelope of rising wedge pattern is getting narrower and narrower indicating that there should be some serious breakout soon or later. Which ever direction, movement will be big and some will laugh and some will cry.
I also see H4 time frame triangle pattern. With many patterns indicating the same, This is probably time to watch out on your risk management side of business not to wipe out many weeks of your cumulative profits from sudden large movements.
Today we have Core CPI and Existing home sales. :) :) enjoy trading.](https://c.mql5.com/1/5/GBPUSD_daily_e.png)
3
![mazen nafee](https://c.mql5.com/avatar/2014/7/53BAF0E2-B63F.jpg)
![mazen nafee](https://c.mql5.com/avatar/2014/7/53BAF0E2-B63F.jpg)
![mazen nafee](https://c.mql5.com/avatar/2014/7/53BAF0E2-B63F.jpg)
![mazen nafee](https://c.mql5.com/avatar/2014/7/53BAF0E2-B63F.jpg)
![mazen nafee](https://c.mql5.com/avatar/2014/7/53BAF0E2-B63F.jpg)
![mazen nafee](https://c.mql5.com/avatar/2014/7/53BAF0E2-B63F.jpg)
mazen nafee
![Muhammad Syamil Bin Abdullah](https://c.mql5.com/avatar/2023/4/642d0645-8e47.png)
Muhammad Syamil Bin Abdullah
I'm upset, Malaysian Airlines was shot down http://www.washingtonpost.com/world/europe/official-malaysian-plane-shot-down-over-ukraine/2014/07/17/12a26e66-0dc9-11e4-9c90-0c289b74e142_story.html
3
![david mackay david mackay](https://c.mql5.com/avatar/2014/6/53AAD890-2E9F.jpg)
![mazen nafee](https://c.mql5.com/avatar/2014/7/53BAF0E2-B63F.jpg)
mazen nafee
![Sergey Golubev](https://c.mql5.com/avatar/2012/12/50D09349-3D90.jpg)
Sergey Golubev
![](https://c.mql5.com/6/1/splash-910.jpg)
As traders we all spend an inordinate amount of time obsessing about our trade entries. We shop brokers to make sure that we get the lowest spread possible. We put on limit orders to assure ourselves of not paying a tenth of a pip more than we intend to...
3
![mazen nafee](https://c.mql5.com/avatar/2014/7/53BAF0E2-B63F.jpg)
mazen nafee
![Sergey Golubev](https://c.mql5.com/avatar/2012/12/50D09349-3D90.jpg)
Sergey Golubev
![](https://c.mql5.com/6/1/splash-922.jpg)
The Conference Board's leading economic index for Australia added 0.2 percent in May. That follows the downwardly revised 0.2 percent contraction in April (originally -0.1 percent). With May's increase, the six-month growth rate in the leading economic index improved to 2.1 percent (about a 4...
3
![mazen nafee](https://c.mql5.com/avatar/2014/7/53BAF0E2-B63F.jpg)
mazen nafee
![Sergey Golubev](https://c.mql5.com/avatar/2012/12/50D09349-3D90.jpg)
Sergey Golubev
![](https://c.mql5.com/6/1/splash-847.jpg)
Recap of the Zig-Zag & The Study of Corrections The Second Pre-Trend Pattern: Triangles Setting Stops & Profit Targets “All patterns fail, but the key is to know when to trade them and when to avoid them.” -Suri Dudella...
3
![mazen nafee](https://c.mql5.com/avatar/2014/7/53BAF0E2-B63F.jpg)
mazen nafee
![Sergey Golubev](https://c.mql5.com/avatar/2012/12/50D09349-3D90.jpg)
Sergey Golubev
![](https://c.mql5.com/6/1/splash-907.jpg)
Following are 10 of the more prevalent mistakes I believe traders make in futures trading. This list is in no particular order of importance...
3
![mazen nafee](https://c.mql5.com/avatar/2014/7/53BAF0E2-B63F.jpg)
mazen nafee
![Sergey Golubev](https://c.mql5.com/avatar/2012/12/50D09349-3D90.jpg)
Sergey Golubev
![](https://c.mql5.com/6/1/splash-855.jpg)
For most of this year, there have been worries on Wall Street that the trading boom that defined the investment banks in this era was coming to an end...
3
![mazen nafee](https://c.mql5.com/avatar/2014/7/53BAF0E2-B63F.jpg)
mazen nafee
![Sergey Golubev](https://c.mql5.com/avatar/2012/12/50D09349-3D90.jpg)
Sergey Golubev
![](https://c.mql5.com/6/1/splash-908.jpg)
We've actually found that good traders do not value money that highly, or at least, it is not one of the major reasons that they trade. They trade because they want to be the best or because they love it. Those who trade for the money usually have a very difficult time...
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