Sunday, August 23, 2020

💰 +254 Pips from Huck’s Trend-Catcher System | Here’s What Happened to USD and GBP Last Week

Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market.
August 23, 2020
Trading Term of the Day: Pullback

pullback describes price action when there is a tendency of a trending market to retrace a portion of the gains before continuing in the same direction. Here's how it looks like.

It was a mixed but net positive week for USD
Traders moved between the bearish Dollar theme, the FOMC minutes, and euro weakness at the end of the week. Here's Pip Diddy with a quick recap.
Do you know what's happening in FX this week?
Make sure you know what's happening in the forex market in the coming days by checking our economic calendar! 
Here's what happened to the British pound last week

Volatility picked up for Sterling this week but price action remained choppy as traders moved back and forth between Brexit headlines, counter currency flows, and improving UK data.

+254 pips this week from Huck's trend-catcher system

Thanks to adjusted stop losses being hit, the HLHB closed FOUR winning trades this week! See which pairs they're from in this week's system update. ðŸ‘‡

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