GBPCAD Even thou your right, it all ends with how much your ready to looseBritish Pound / Canadian Dollar forum
GBPCAD Even thou your right, it all ends with how much your ready to loose
GBPCAD short position from OB
GBPCAD continuation sequence of events: This entire move pushed up without first grabbing liquidity. We could see a potential pullback to fill the 4-hour candle with no bottom wick, creating liquidity for the overall move, as it currently lacks a proper liquidity grab, obv we wont go straight down, im usually in week long trades, happy to see how price action moves
GBPCAD I wanna record this right here for the 5 minutes time frame.The trendline could be seen on the 5 Minutes Time Frame.
And price came back to stab the trend line level again.
Assume that I have entered based on the RRR as shown.
2012SGT 27032025
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Also, I am thinking what if I took two positions. 1 for 1R and second position for 2R(which I would be shifting the SL to BE when price hits 1R or almost hitting the 1R).
2014SGT 27032025
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I am thinking I could be more stingy, too by placing my orders at a further up price level so that I could get a better discount.
I might miss alot of opportunities, however, at least i don't lose.
I am risk averse.
And I am even more stingier on putting my emotions and mental energy at stake.
2017SGT 27032025
GBPCAD what kind of trade is thisGBPCAD Opportunity to stab the pot, again.On the Daily time frame, price has broken the major resistance leve. However, false breakout is more common.
Stoch 20,1,1 is overbought not. As I said, if something is over bought, it is overbought. Don't give it fanciful story to bluff yourself.
I would either sell now, or go to the 4H or 1H and wait for price to stab the pot, creating spike, or spikes, or M pattern, or triple top, or head and shoulders.
All are the big players stabbing at the pot.
Imagine medieval kings and queens with bloodied hands, face and clothes, pulling flesh off the peasant's face and stuffing themselves with the flesh.
The medieval king and queens weird hobby and exquisite taste for human meat.
Well, now those king and queen also play forex. And they are taking stabs at this thing called currency, which affects the livelihood of the commoners.
Less grotesque.
More subtle.
People can't tell that they have such interesting hobbies, to torture the commoners because its all well hidden now.
You get the idea.
Join in the game.
Either sell now or go to the 4H or 1H time frame and wait for the next stabbing sesh, for price to pullback to the near top of the previous price spike, and sell.
I believe price would come back into the range, more often than not.
There wouldn't be a all of the sudden, for no reason price trend that extends to forever-land.
0300SGT 25032025
I am not trading until April comes by. I am taking note of this pair, that's all.
I have included a chart of if I were to enter now, and, as to what price would be doing in the near future, you have to look at the chart yourself.
GBPCAD I'm looking for sell from this supply zone - As i mentioned earlier i'm looking for minimum of 300-400 pips from this sell trades. Good luck
GBPCAD sick pair 🤡GBPCAD this pair is annoying 😔
GBPCAD The pound sterling has been showing difficulty in continuing its upward trend for several days. Last week it created fairly solid resistance with 3 consecutive rebounds. However, we are still in a period of uncertainty. I suggest this sell setup in the meantime.