Me: What's the wifi password?

Barman: You need to buy a drink first.

Me: Okay, I'll have a beer.

Barman: Is Draught okay?

Me: Sure. How much is that?

Barman: N$ 30.

Me: There you go. So what's the wifi password?

Barman: You need to buy a drink first. No spaces, all lowercase.

A large Volume of the flow of value passes through British Banks. This is very important. This means that there is a lot of volatility during the beginning what is called the London session (10am – 6pm C.A.T.). There is a reason for this; Lets imagine Mercedes Benz factory in Zurich Germany wants to buy 10 000 gear assemblies from Rolls Royce UK. The Mercedes accountants face a nightmare here because they cannot buy these parts in Britain using their local currency, they have to buy these parts using Great British pounds Sterling (GBP). And so the accountant at Mercedes will contact a UK bank so that he can buy GBPs. But Let’s say the accountant filled the order when the British banks had closed due to the difference it Time Zones, this means that he will have to wait until tomorrow morning for his transaction to be completed when the British banks open. Now Imagine many orders like this from many companies and organizations from all over the world coming through British Banks, this means that in the morning when British banks open, there are a lot of orders carried over from yesterday that are being filled all at once, hence the spike in volatility during the London open. This is good news for the trader, especially the scalper! It means every morning when the British banks open, he will experience a spike in volatility all across the GBP currency pairs and he can collect a few pips here and a few pips there (and that’s a lot to choose from).

Gold need to take out $1281.77 to have a good bearish.

That 1281.73 need to be touched to get a free fall.

Note GOLD is sitting on weekly resistance.

2 Rules to Always follow:
🇳🇦 Patience
🇳🇦 Consistency

EURJPY 1 Hour have a very good setup for sell.

Sell setup EURJPY:
SL: 129.500
TP1: 127.280
TP 2: 126.300
TP3: 124.865

FOREX is Being Patience, Consistency, Hard Work, Perseverance, Learning, Studying, Sacrifice, and Most of all, Love of What you are Doing.

Learn

Let’s find a sell.

Sell: GBPJPY, USDJPY, Cadjpy, audjpy and EURJPY at your own risk. It’s in the Selling zone now.

Hit SL 😢

Back to the drawing table.

Adding more on pull back.

https://chat.whatsapp.com/9fseQWUFJY7DFIB1uaoAfX

If you are have any questions contact me on that link

Gold 😍