british pound /u.s.dollar 4h buy : 1.39495 tp : 1.40620 sl : 1.38784
Hay guys this wonderful Movement and happy with Today My Successful long Trade on Eurusd
Prices are approaching support in line with our ascending trend line where we could see a further upside above this level.
Squeeze em up ? I dunno. GBP Pound has been bullish a while now. Bullish til it's not? Lock em down, UK restrictions are bullish for currency. Chart just looks bullish too as I believe UK does better during times calling upon fiscal creativity.
This summary of the recent rally on the GBP USD highlighted the important rule of never trading against the main direction of the trend. The only exceptions to this rule are 1. Reversals at Major Resistance/Support Consolidation Boundaries of the Monthly, Weekly or Daily Charts. 2. Reversals at Major Resistance/Support Price Points of the Monthly, Weekly or...
UP Above 1.37000 will get the target blue line DOWN under 1.36200 will get the target blue line
I put together this educational post due to my poor analysis on some GBP pairs last night. Presented pair is GBPUSD. It is important to backtrack and figure out a future solution for a losing trade. This is an extremely informative and effective time frame strategy especially for this currency. I have presented the major GBP pairs and results from the 2 am and 8...
EURGBP reversal signs approaching a supply zone. The market is a little bit choppy Same trading tactics.
My oppinion for thir pair, Brexit news may still be a booster for the pound price, while the USD was pressured by the positive news about vaccines. How do you think?
Note that ideas published represent my viewpoints on structural directional movements. I do not post explicit trade parameters (i.e. entry, take profit, stop loss, etc.) as these are set to in reference with my expectancy. Since my win rate and R-multiple targets are different, ideas published are simply a resource to provide guidance. You are expected to...
GBPAUD - Intraday - We look to Sell a break of 1.8119 (stop at 1.8157) With our medium term bias looking to fade gains and the short term bias indicating buying interest we are faced with mixed signals. Pivot support is at 1.8148. Expect trading to remain mixed and volatile. A break of 1.8120 is needed to confirm follow through negative momentum. Short term MACD...
GBP-USD Daily and Trend Analysis It took decades for sterling to drop below the 1.4000 price mark well it looks like it may take another decade for it to break above that. The daily chart on the cable looks quite bullish for the past few days however the H4 begs to disagree seeing a closeup on the trend reversals, the UKs economy on the other hand haven't been...
Depending on new chart study looks that GBP-JPY looks to breakdown. Have good time all(: If you like the post give it a like and follow
EURGBP STILL OPEN Current place is running at +12% account gain based on a 1% risk. Will continue to hold until a reverse signal is printed.