Here is my analysis on GBPUSD for the next couple of weeks. Confluences for sells: 1. Dollar is bullish 2. War = negative for GBP 3. FOMC news was good for the dollar 4. This pull back will be a weekly pull back to retest previous support 5. Market structure on the 4H us bearish within its fib 6. Monthly resistance was broken and now being retested find support...
I just wanted to document this full move to look back on this trade to see how it pays out. This prediction is on the 4H chart. I'm bearish on GBPUSD but want to play the pull back buys intraday.
1. Strong overall bullish trend. 2. Strong wick rejection on the daily at a monthly resistance. 3. 61.8% rejection on the 4h fib heading towards the -61.8% on the 4h chart.
USDJPY SHORTS Expecting short term sells on the dollar.
I'm Bullish on the DXY The DXY should reach the previous monthly resistance level.
AUDJPY intra day buys expecting bullish momentum on AUDJPY
USDCAD short term buys This pair is in a heavy consolidation Wouldn’t trade it until a breakout occurs.
1. You did good today. Good risk management. On a $1,000 account your risk lot size was .26 and you split it in two with two .13 positions. 2. You were patient today and more calm than normal. You liked the feeling of that. 3. You were confident in your trade. Remember confidence is key. You know what your doing you just have to be consistent, patient, and not...
LET'S SEE IF THE STRENGTH OF THE USD GET'S US IN THE GAME!