British Pound / U.S. Dollar forum
GBPUSD Nothing as cooked yet, much hunger! Partials still running! But I see a hint to the next trade already.
GBPUSD Looking for a pullback to set up for a long position as GU heads towards 1.26. Not sure this will trigger today as seems static. Just learning and toying around with different ideas as I learn technical analysis - Feedback welcomed :)
GBPUSD unfortunately SL hit due to spreads - waiting for a better entry - I will get a higher entry at least so no biggy
GBPUSD has 90pips profit ; correct prediction - GBPUSD uptrend ( zone 1.24250 - 1.24100 )
Majority of you will swipe past this as it’s not a signal you’re looking for. But maybe this mind found you for a reason. Today we will talk about “vision”. Why is having a vision in trading important and why does it go hand in hand with setting your goals in trading.
vision /ˈvɪʒn/
noun - the ability to think about or plan the future with imagination or wisdom.
Having a vision as a trader is a crucial step towards becoming a consistent and a successful trader. A lot of you might find yourself in this post. Let’s start with a simple question..
Why do you trade?
Majority of you will answer, money. And we can all agree that is the most common answer amongst traders. After-all if we wouldn’t have a chance to make money, we wouldn’t do it right? But here comes the issue. A lot of traders are focused just on the money part. Trading is much more than that. It’s self growth, discipline, risk management and emotional control. All of these things we wrote about before.
But where does vision come to play? Well, let’s ask the second question.
What is your vision?
This is where the answers get different. Some might say, I want to become rich, some want to break even, some are looking to make 100$ per day.
But what is YOUR vision? Do you have one?
Having a vision, combined with a goal, will help you follow something day in and day out. It will help you achieve that goal that much faster.
Imagine this, you are driving in the car on an unknown road in an unknown place. You have no access to maps. Where are you going? Where will you end up? You can drive, but without a goal or a “vision” of a place you want to get to, you aren’t going anywhere.
Same comes to trading, you can trade, for days, weeks, months, even years. But without a vision, you won’t get to that destination.
Speaking to many traders, we found out many of them lack “the vision”. Set a goal for yourself, have a plan. Example:
- I want to become a profitable trader and do this as my full time job, pour the profits into real estate and have many sources of income.
Good! You have a vision!
Now break it down into a plan..
- I have to make 1000$ per month to be able to replace my job.
- I have to have an A+ setup.
- I have to use proper risk management.
- I have to withdraw 50% of my profits per month..
…
Visions may be different, again this was just an example but you get the point right? After you have a vision just create a realistic plan. Now follow it. Execute it. Do it every day. No matter how hard it gets.
If you don’t have a vision, you will not be successful. You will only trade for the sake to be profitable for this day. Have a vision that leads somewhere! You got this!
Thank you for your amazing support! If you want to read a longer post regarding mindset here is the link: Idea:Traders Mindset
We will post more updates on USD pairs such as:
XAUUSD 
USDJPY 
NAS100 
EURUSD GBPUSD and more as we expect more volatility so stay tuned!
FxPocket
vision /ˈvɪʒn/
noun - the ability to think about or plan the future with imagination or wisdom.
Having a vision as a trader is a crucial step towards becoming a consistent and a successful trader. A lot of you might find yourself in this post. Let’s start with a simple question..
Why do you trade?
Majority of you will answer, money. And we can all agree that is the most common answer amongst traders. After-all if we wouldn’t have a chance to make money, we wouldn’t do it right? But here comes the issue. A lot of traders are focused just on the money part. Trading is much more than that. It’s self growth, discipline, risk management and emotional control. All of these things we wrote about before.
But where does vision come to play? Well, let’s ask the second question.
What is your vision?
This is where the answers get different. Some might say, I want to become rich, some want to break even, some are looking to make 100$ per day.
But what is YOUR vision? Do you have one?
Having a vision, combined with a goal, will help you follow something day in and day out. It will help you achieve that goal that much faster.
Imagine this, you are driving in the car on an unknown road in an unknown place. You have no access to maps. Where are you going? Where will you end up? You can drive, but without a goal or a “vision” of a place you want to get to, you aren’t going anywhere.
Same comes to trading, you can trade, for days, weeks, months, even years. But without a vision, you won’t get to that destination.
Speaking to many traders, we found out many of them lack “the vision”. Set a goal for yourself, have a plan. Example:
- I want to become a profitable trader and do this as my full time job, pour the profits into real estate and have many sources of income.
Good! You have a vision!
Now break it down into a plan..
- I have to make 1000$ per month to be able to replace my job.
- I have to have an A+ setup.
- I have to use proper risk management.
- I have to withdraw 50% of my profits per month..
…
Visions may be different, again this was just an example but you get the point right? After you have a vision just create a realistic plan. Now follow it. Execute it. Do it every day. No matter how hard it gets.
If you don’t have a vision, you will not be successful. You will only trade for the sake to be profitable for this day. Have a vision that leads somewhere! You got this!
Thank you for your amazing support! If you want to read a longer post regarding mindset here is the link: Idea:Traders Mindset
We will post more updates on USD pairs such as:
XAUUSD USDJPY NAS100 EURUSD GBPUSD and more as we expect more volatility so stay tuned!FxPocket
GBPUSD 📊 GBPUSD Intraday Trade Setup
💼 Trade Idea: Buy Intraday Trade Setup
Entry Price: ✨ 1.24445
Stop Loss: ❌ 1.24300
Take Profit 1: 🎯 1.24700
Take Profit 2: 🎯 1.24850
📌 Reason for Entry:
The entry price of 1.24445 is positioned near a strong daily support level, aligning with key Fibonacci retracement levels. This indicates a favorable buying opportunity supported by bullish momentum.
💼 Trade Idea: Sell Intraday Trade Setup
Entry Price: ✨ 1.25032
Stop Loss: ❌ 1.25100
Take Profit 1: 🎯 1.24900
Take Profit 2: 🎯 1.24800
📌 Reason for Entry:
The entry price of 1.25032 is near a significant daily resistance level, reinforced by Fibonacci retracement levels. This suggests a high probability of price reversal, presenting a solid selling opportunity.
Conclusion
These trade setups provide traders with clear entry points to capitalize on potential movements in the GBPUSD market, leveraging strong technical analysis for informed decision-making.
GBPUSD Entered my second sell - let's see what happens
GBPUSD GBP/USD Slips 0.20% as Trade War Fears Lift Dollar Index
The GBP/USD pair starts the week lower, retreating from Friday's rally to the 1.2500 level, trading around 1.2460, down 0.20%, amid slight US Dollar strength. The pullback lacks strong selling pressure or a bearish bias.
The US Dollar Index (DXY) recovers from a one-month low as safe-haven demand rises following President Trump’s 25% import tariffs on Colombia. This came after Colombia blocked US military planes carrying deported migrants. Trump warned tariffs could rise to 50% next week, heightening global trade war fears and reducing risk appetite.
The first resistance level for the pair will be 1.2430. In the event of this level's breach, the next levels to watch would be 1.2460 and 1.2500. On the downside 1.2265 will be the first support level. 1.2100 and 1.2080 are the next levels to monitor if the first support level is breached.
GBPUSD let's see where she will take us - will add another entry when the price retraces back up