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Yesterday’s Recap: 30 Pips in the Bank and No Time for Regrets

Ah, GBP/CAD yesterday. It was like playing dodgeball with the market—except we had the sharp reflexes to duck right at 30 pips of profit. Just as we hit our take profit, the price decided to pull a U-turn and retrace. Lucky? Nah. That’s strategy, my friend.

This is why our VIP members sleep a little easier at night (or during trades). With constant updates, 4–10 premium setups a day, and a solid 80% win rate, we’re not just riding waves—we’re making them. If you’re still debating whether to join, here’s some friendly FOMO: our VIP members already know what they’re trading next while you’re reading this. 😏

Today's Trade Setup 📈📊

Fresh off the Algo28 radar, here’s a trade setup to kickstart your day:

  • Pair: GBP/USD

  • Entry: 1.2645

  • Stop Loss: 1.2594

  • Take Profit: 1.2707

  • Tip: Use trailing stops to lock in profits if the price breaks 15-20 pips in profit.

The risk/reward ratio here is solid, so plan your lot sizes accordingly and let the trade come to you.

Today’s Financial News: The Market in 3 Quick Bites

Let’s make sense of today’s headlines so you don’t have to:

  1. UK Inflation Surges
    Inflation in the UK has climbed to 2.3% (from 1.7%), sending whispers through the market about rate hikes. Expect increased volatility on GBP pairs, especially during the London session. Ready those stop-losses, folks.

    Financial Times

  2. Nvidia Smashes Earnings Expectations
    Nvidia delivered a blockbuster earnings report, but slowed growth in their AI segment has tempered enthusiasm. While this doesn’t directly affect forex, it could influence broader risk sentiment in equities, which might trickle into USD-based pairs.

    AP News

  3. US Retail Sales Data on Deck
    Retail sales data for October drops today. A strong number could boost the dollar, while a miss might give riskier currencies room to breathe. Keep an eye on USD pairs, particularly USD/JPY and EUR/USD.

3 Indicators You Should Never Ignore in Trading

Now, let’s talk about tools that can give you an edge. These indicators aren’t just hype—they’ve been statistically proven to help traders make smarter decisions.

1. VWAP (Volume-Weighted Average Price)

What it does: Combines price and volume to show the average price weighted by traded volume.
Why it works: It’s like the gravitational pull of the market—prices tend to orbit VWAP.
How to use it: In trending markets, use VWAP as dynamic support/resistance. In range-bound markets, watch for price rejections around it.

2. RSI (Relative Strength Index)

What it does: Measures momentum and identifies overbought/oversold conditions.
Why it works: Divergences between RSI and price can signal potential reversals.
Pro Tip: Combine RSI with VWAP for more accurate entries—like peanut butter and jelly, but for trading.

3. Moving Average Crossover

What it does: When a shorter MA crosses above a longer one, it signals bullish momentum (and vice versa).
Why it works: It’s a simple yet effective way to catch trends early.
My Tip: Use the 20 EMA and 50 EMA on the 1-hour chart for forex pairs. Bonus points if the crossover aligns with price bouncing off VWAP.

Remember: Indicators are guides, not guarantees. Backtest, forward-test, and always—always—manage your risk.

Here’s the Big News: VIP Prices Just Dropped!

I’ve decided to slash the VIP Algo28 Signal Service price—for a limited time only. Why? Because success tastes better when shared.

Instead of $170/month, you can now join for just $125/month.

Here’s what you’ll get:

  • Daily Premium Signals: 4–10 forex and indices setups, straight to your inbox.

  • High Win Rate: An 80% track record means more wins, fewer losses.

  • Constant Updates: Market shifts? You’ll know before it matters.

Don’t wait—this discount won’t stick around. And trust me, you don’t want to be the one saying, “I wish I joined sooner.”

Trade smart, trade well,
Rodney B.
Your guide to pip-filled mornings
Instagram: @algo28_

P.S. Not ready to join the VIP group yet? Just stay Subscribed to The Margin Called for free trading tips, signals, and market insights delivered daily. Because knowledge is power—and power trades profitably. 🚀

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