GBPUSD Bullish reversal expectedGBPUSD is showing strong divergence and is all ripe for bullish reversal.
Buy if H4 close above 1.2082 area , TP1: 1.2230, TP2: 1.2600, SL: 1.1849.
This will be a big move and I am hopeful we will catch much green pips as the rade goes on, I will keep updating trade ideas along the way.
Cable
GBPUSD:Correction over?!GBPUSD
Intraday - We look to Sell at 1.2100 (stop at 1.2175)
We are trading at overbought extremes. The 200 day moving average should provide resistance at 1.2154. This is negative for sentiment and the downtrend has potential to return. The hourly chart technicals suggests further upside before the downtrend returns. We look to sell rallies.
Our profit targets will be 1.1890 and 1.1840
Resistance: 1.2155 / 1.2275 / 1.2410
Support: 1.1840 / 1.1760 / 1.1500
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
FOREX SCHEDULEWhen the MONEY SWING HAPPENS the route BEGINS:
The fake out to clean out BUY side liquidity.
Then DIP to create low of the session.
A Few Set ups will present afterwards.
As Snipers we are trained to snipe with no hesitation. Our entries rarely have draw down because we trade with the INTERBANK ALGORITHM that provides price delivery for the Forex Market.
We KNOW the schedule. We then leverage this wisdom to create our OBJECTIVE formulas and strategies to extract as many pips out of every move that the market makes at the BEGINNING of the move.
TIME & PRICE are the only TWO indicators you need. Add in confluence of MACRO & MICRO PP. Consolidation zones (areas of liquidity where TRUE STRUCTURE resides.) You have the framework to build any set up to trap price for the snipe.
Past price action tells the narrative everyday for future price action and set ups.. Because price is predictable just like the cycles of the year and the Morning and Nighttime. They come regardless.
This is the same with FOREX.
A 3-5 PIP ThresHOLD will keep you in the game and allow you to adjust if your set up shows signs of not holding up.
Never over leverage.
Trust your trade set up.
Have Fun!
Bias is still for lower levels on GBPUSDGBPUSD - Intraday - We look to Sell at 1.1930 (stop at 1.1995)
Buying pressure from 1.1760 resulted in prices rejecting the dip. The bias is still for lower levels and we look for any gains to be limited. This is negative for sentiment and the downtrend has potential to return. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower.
Our profit targets will be 1.1750 and 1.1500
Resistance: 1.1840 / 1.2015 / 1.2155
Support: 1.1500 / 1.1370 / 1.1000
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.'
Cable will rise again...Pound is supported by bottom line of falling wedge and rise a little after contact to that.
Also a strong daily bullish candle is firmed and price will push up because of that.
Stop loss is under daily candlestick and take profit will be 100 % of first move on my idea.
Trade safe fellas.
FOREX SCHEDULEThe Algorithm is programed to this schedule:
5pm-12am
Morning Zone
12am-2am price will reach for buy or sell side liquidity (Scope Zone-Snipe Zone 1am-10am)
2am-2:30 Price will reverse and trend this way for the rest of the day.
When you know TIME then PRICE is predictable.
Exploit the predictabilities.
This is the road to Market Mastery.
Never over leverage.
Trust your trade set up.
Have Fun!
I AM Pro Trading Made Simple
GM GBPUSD!This set up goes like this:
Morning Zone gave us 50 pips.
When price breaks to the LOW we will look for our set up.
But why not book a trip down south for 50 pips along the way?
When Price clearly breaks the low of the zone this is the SNIPER ENTRY.
50 PIPS is the Target before pullbacks happen.
Our set up will present itself.
If it does not EURO will FALL.
Never over leverage.
Trust your Trade Set Up.
Have Fun!
I Am Pro Trading Made Simple
No sign that this bearish momentum on GBPUSD is falteringGBPUSD - Intraday - We look to Sell at 1.1990 (stop at 1.2070)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. There is no sign that this bearish momentum is faltering but the pair has stalled close to a previous swing low of 1.1875. We are trading at oversold extremes. A higher correction is expected. The bias is still for lower levels and we look for any gains to be limited. Preferred trade is to sell into rallies.
Our profit targets will be 1.1765 and 1.1500
Resistance: 1.2015 / 1.2155 / 1.2275
Support: 1.1840 / 1.1500 / 1.1330
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.'
GBPUSD:Parity is coming!GBPUSD
Intraday - We look to Sell at 1.2055 (stop at 1.2110)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. We are trading at overbought extremes. This is negative for sentiment and the downtrend has potential to return. The hourly chart technicals suggests further upside before the downtrend returns. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower.
Our profit targets will be 1.1900 and 1.1840
Resistance: 1.2015 / 1.2155 / 1.2275
Support: 1.1840 / 1.1500 / 1.1330
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Only THIS SETUP will make me buy GBPUSD!Gbpusd is in a powerful downtrend.
I haven't seen any sell setup yet since the last one I called that made us SMILE TO THE BANK!.
So I thought, let me think of something CONTRARIAN, cause that's what trading is about, right....?.
Only, I repeat ONLY this setup will make me consider longs.....for a nice 1:3RR.
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When The market MOVES YOU MOVE WITH IT!Price does this thing I call Sniper Open.
It will throw a Judas Swing and shoot for liquidity like a bat out of the fires of hades :)
This happens everyday in the forex Market.
Price has a strict routine it adheres to and it rarely deviates from this.
The key to trading Forex is to anticipate these moves by trapping price at areas of structure it has been before in previous price action. Not to PREDICT.
Price has a mind of its own. Add millions of buyers and sellers, Fundamental, technical analysis MINDSET ... and you begin to dive into the network of FOREX.
You cannot force the market to do anything but when you get in sync with this dynamic machine you can actually trade with the software aka big money.
Time over Price is STRUCTURE. Areas of liquidity reside above the body of the candle up to the wick. Zone these areas and you will SOLID building blocks to formulate you trading strategy for that day.
(11:15pm-2am Set Ups Begin)
Prudence (to recognize limitations) dictates exiting a winning position long before the highs. Your range of perception is smaller then you think and you're part of a system that has many inputs that you can not see.
Never over leverage.
Trust your trade set up.
3-5 Pip Threshold. Never Over Leverage.
Have fun.
I AM PRo Trading Made Simple.
GBPUSD UPDATECable has made a nice strong reaction from the historically strong psychological level of 1.2000 but that doesn't mean price cant retest this zone again before we see a bigger corrective move. On the 1D TF Friday's candle closed with a potential wick to fill to the downside, on the LTF price has broke out of the Asian session range and is testing the 0.618 fib taken from the previous swing high to swing low in confluence with the descending trendline resistance - we would like to see price make a small bullish induction above the trendline and above the current High of the day to create the liquidity below in order for price to move in to - waiting for entry confirmations in at the 0.718 fib on the LTF's
EUR/USD Long Opportunity Price on the 15 Min chart has just tapped into a previous demand zone / OB area. I'm looking for price to mitigate the 50% level of this demand and bounce from it. The SL is just below the zone (12 Pips) incase price wicks down to mitigate the local low and claim this liquidity before a larger push up as this is quite a likely scenario which I want to be safe from. My target is the Equal highs which is storing a lot of downside liquidity which must be mitigated before a continuation downwards.
GBP/USD: the most simple idea you will see todayAs it can be inferred from the 2H timeframe chart, the price has been consolidating within the borders of a sideways-moving range for quite a while. From the recent price movement, we can observe that the bearish rally that has happened recently gives enough confidence that the price may keep pushing even lower.
We are eyeing the zone of support (recent low) indicated on the chart and looking forward to entering short positions.