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Gbpaudsell

GBPAUD Market Outlook | Daily Forex Market BreakdownGBPAUD Breaking down GA as it was requested from one of our forex alchemists! You ask and I will deliver! As you can see in the technical analysis above GA has been a bit tricky. We experienced multiple fake outs to the downside which is expected. This is why you don't just jump into a trade when all you see is a simple break of a trend line. I always say there is a lot of confusion in the market around trend lines so always be cautious. After the fake outs to the downside GA pushed up quite a bit then showed us a beautiful double top. This is where more experienced traders would have taken shorts. I personally wanted to see price push up a third time giving us a clean entry! Remember there is always another entry or a better trade right around the corner, never rush things! Only gamblers force trades, we are focusing on becoming the best forex traders possible to make this a reality you need to develop ridiculous amounts of patience. Patience, risk management, and always sticking to your trading plan is the key to longevity in this market. IT IS NOT EASY, BUT IT IS DEFINITELY WORTH IT!
by Layne_LV
4
GBPAUD Market Outlook | Daily Forex Market BreakdownGBPAUD This Pair has been playing out flawlessly. We have been calling everything perfectly, the market has just been lacking the volume needed. GA definitely pushed up to where we would want to take shorts, but as we say time and time again there is always another opportunity right around the corner and its not wise to get into a habit of jumping at every opportunity for an entry you see. Sit back trust your technical analysis, plan your trade and TRADE YOUR PLAN.
by Layne_LV
5
GBPAUD A NEW LEG DOWN ?Good morning traders! It’s bright and early and it’s been a while since I’ve written up a article for the telegram. I’ve been working hard on my skill set behind the scenes to improve the content I’m sending out. Back to the task at hand GBPAUD. I’ve been looking at the chart we can see that the pound has been on a strong uptrend due to Brexit uncertainty clearing up. Looking at the cycle we can see that price slowed down at the 1.9000 level and since consolidated. With that yesterday’s daily closure suggest that sellers are ready to come into this market. I believe we can push down towards 1.87500 and lower as things develop. This is a 300pip trade so manage risk well and be patient
Short
by lasglowfx
GBPAUD Set Up for a Massive DeclineGBPAUD is making a series of (i)-(ii), i - ii, wave pattern which usually leads to subsequent decline. On the higher timeframe, price is sitting at a key resistance level that lined up with 50% Fibonacci retracement of the weekly decline. Price has the potential to sell-off from or near the current level and should not breach at least the major invalidation level indicated on the chart to remain valid. What's your thought about GBPAUD? Kindly let me know in the comment. Thanks for reading! Veejahbee.
Short
by Veejahbee
2
FCUK YOU Fcuk you are my girlfriends Favorite words whilst speaking to me, it must be love hey ;p We are looking at price making bearish moves this week and our target is our old resistance zone ( purple box ) we are expecting price to enter this zone and use it as support, this would also be the 3rd touch of a very strong trend line so we would be looking for bulls to take control in this purple support zone and push price back up. Always trade with caution and use correct risk management... if you dont you are a moron really and deserve to loose your hard earned cash you have been slaving away for.
Short
by Fcuk_you