(GBPAUD) - Daily - Speculation & Analysis 31-08-16
Updated
Hello Traders !
With GBP becoming slowly but sure bullish across the board, it seems the Brexit hype is fading too.
What we have here is a classical dynamic trend line that looks like it can break in a day or two.
We will Long this pair after we break the trend line and consolidated a bit.
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Liability Disclaimer : All trades posted here are my personal view of the market.
If your planning to use them as signal, do your own research first and you are responsible for your own entries, exit, profit and loss management.
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With GBP becoming slowly but sure bullish across the board, it seems the Brexit hype is fading too.
What we have here is a classical dynamic trend line that looks like it can break in a day or two.
We will Long this pair after we break the trend line and consolidated a bit.
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Liability Disclaimer : All trades posted here are my personal view of the market.
If your planning to use them as signal, do your own research first and you are responsible for your own entries, exit, profit and loss management.
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
- Improve you forex trading accuracy using Mongers Kit
Mongers Kit is complete traders toolbox, with all the data and news you need to have successful trades. Mongers Kit is packed with features such as :
1) order flows in real time.
2) current open positions from 4 different brokers.
3) real time news update.
4) T.V and Radio to your favourite channels (Blomberg, CNN, ABC, etc).
5) Dynamic sessions - see all the rises and falls in each session.
and much more, get your kit now at mongerskit.com
If your my follower, you get 20% discount on your purchase of Mongers Kit.
Contact me for more details.
Note
Consolidation timeTrade active
Note
Note
and thats the end of pull back !Trade closed manually
looks like we are having a deeper pull back, stopping this trade temporarily till a better opportunity rises.Trade active
BUYING AGAIN, THIS SEEM TO BE THE PERFECT ENTRY, SL below the trend line.Note
we bought it literally at the lowest point. GGTrade closed: stop reached
Trade active
I have activated this trade again, based on 2 different trendlines this time.
Trade active
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