GA
GBPAUD OUTLOOK & TRADE IDEA | 1h The first buy are is quite risky because there was no major inducement but it's still a pretty valid area to look for some buys.
The second one would be pretty safe because excluding the overextenstion there would also be a major inducement.
The target would be the low resistance liquidity are which is also a imbalance curve.
Share your view in the comments!
GBPAUD: GET READY TO SHORT!We got a confirmed bearish trend change for GC (2 LL and 2 LH is what I look for to ensure I do not fall for the trap of a fake trend change!)
Now looking for trend continuation to take a short trade.
Waiting for at least a 50% retracement and price coming into the fair value gap (this is a must for my system!)- then we look for a market structure shift on 15min and ATTACK!
The 50% retracement and is also in line with the breaker block.
This is looking like a very yummy short!
Follow and Stay tuned my friends ;)
GBPAUD: “Break Out” Setup on “Momentum” Entry (37/100)System has identified a “BO” playbook setup and a potential “momentum” shift market entry during the third hour of the LONDON 12-Candle Window.
RISK: 1R
TARGET: 2R
***DISCLAIMER***
This is a new system based strategy being live tested for the purpose of gathering data. The system generates between 3-6 signals per session upon detecting a qualifying setup and entry signal. Currently being tested only in LONDON and only using certain pairs. The win rate and expectancy are unknown. Please do not take these trades.
GA: “Break & Retest” Setup on “Momentum” Buy Stop Entry (32/100)System has identified a “B&R” playbook setup and a potential “momentum” shift buy stop entry during the first hour of the LONDON 12-Candle Window.
RISK: 1R
TARGET: 2R
***DISCLAIMER***
This is a new system based strategy being live tested for the purpose of gathering data. The system generates between 3-6 signals per session upon detecting a qualifying setup and entry signal. Currently being tested only in LONDON and only using GBP pairs. The win rate and expectancy are unknown. Please do not take these trades.
GA: “Break Out” Setup on “Momentum” Entry (31/100)System has identified a “BO” playbook setup and a potential “momentum” shift market entry during the first hour of the LONDON 12-Candle Window.
RISK: 1R
TARGET: 2R
***DISCLAIMER***
This is a new system based strategy being live tested for the purpose of gathering data. The system generates between 3-6 signals per session upon detecting a qualifying setup and entry signal. Currently being tested only in LONDON and only using all GBP pairs. The win rate and expectancy are unknown. Please do not take these trades.
GA 4H Bearish Continuation Idea 9/25/22Price is 300+ pips away from the next Monthly low. BUT price ran bearish so much on Friday I am looking for a slight pull back and for price to continue bearish. Will have to see what price does when the market opens. Price always does what it wants to do and not what we want it to do.
Support to resistancethis could possibly be a double bottom on larger time frames. also this pair is stuck! what i mean by that is , if you look at the weekly , every time the price goes below 1.754 (yellow .625 fib level) , it gets bought up leaving a wick. if this trend is going to continue then this should be a good area for a support bounce!
GA Long PositionGA
Lots of news 17 MINS we have retail sales for GBP all day in australia elections. Will be an intresting day.
Taking this trade idea off of price action structure from a weekly TF Down.
Set your stops set your takes always be sure to use proper risk.
Happy Trading
- iN tuNe FXMarkets
ps sorry been sick,
GBPAUD ready for some corrective move?With a potential drop on GBPUSD and AUDUSD, GA might give some upwards potential. Waiting for AUDUSD to top and GU to drop and enter long for GBPAUD.
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