TradingCyborg47

TradingCyborg47

GBPUSD is on a very serious downtrend and we should jump in. However, be careful because it may go back to retest the breaker on the daily timeframe.

TradingCyborg47

Price in the monthly range has reached a very important level and we could begin seeing EURUSD begin buying. However, I still think liquidity has to be cleared in those zones. Because you know, price is always looking for liquidity.

TradingCyborg47

The Cable has approached a very significant daily order block and we are likely to see it being retested for longs. However it breaks the order block, we shall have to keep shrting.

TradingCyborg47

This is our todays set up. GBPUSD. Yesterday it rallied down and It seems to keep on moving downwards because of the dollar gaining massively in the last few weeks. However It may go and collect more orders before going down. So please be careful . Don't just rush to give away your money to a broker.

TradingCyborg47

GBPUSD has tested Mondays and Tuesdays High. This is a high probability trade for a sell. Still remember the daily timeframe indicated a sell. Apply proper risk management protocols.

TradingCyborg47

The Cable has approached Last Weeks High. Price action will be interesting. My bet is that. Last Weeks High will have to be retested and that is an opportunity already. Furthermore, it's Wednesday. Midweek Revearsals.

TradingCyborg47

Until one of those Points of Interest is broken and retested, be patient. Let neophytes be the early sheep.

TradingCyborg47

Whereas we keep riding this monster to the downside, we must be sure if it has totally created the high of the week. Hence we will have to be patient to see if it breaks the upside so that it clears the liquidity void and create a new HIGH OF THE WEEK. Until London open let's employ patience.

TradingCyborg47

Eurjpy has a really huge gap which has to be filled to close the imbalance in price. Once the imbalance is filled, we can begin to look for sells. Remember to apply the correct risk management.

TradingCyborg47

EURNZD took a huge deep last week and with this, we expected a continuous sell. However, this is not before we take a breather and collect more orders. We shall wait for a breaker block to be created before we decide on our next cause of action.

TradingCyborg47

The market has decided to open with a surprise of gaps this week. Worry not. Gaps are always filled. That is why my projection is that price may go the first 1 hr order block and keep selling. Alternatively, the price may also go to fill the void created last week. Until then. Employ patience as your best friend.

TradingCyborg47

EURAUD has also been falling like a volcano and due to this we will be anticipating for a buy to the upside. However, it has not yet given a proper confirmation. We will have to be patient until on of those things happens. In forex we can't pull the trigger until a QUALITY SET UP forms. Keep the patience and wait for proper confirmations.

TradingCyborg47

The Cable decided to show us yesterday why it's called the cable as it dropped over 150 pips. Isn't this a great time to be alive traders? I feel like it is. We will keep looking for short positions and as soon as it reaches our designated marked points, we pull the trigger.

TradingCyborg47

We have been witnessing EURNZD fall like hot volcano. So we expect a breather and this pair just broke the 1 hour order blocks before going to retest the breaker. When it reaches to that point then you can pull the trigger.

TradingCyborg47

Audjpy has broken a key liquidity zone while creating the high of the week. This signifies one thing. We expect to see SELLS up to Friday. Wait for it to retest that breaker and jump in the train.

TradingCyborg47

The Cable seems to be cooling the games it's playing. It broke a liquidity zone that seemed impossible to break. So, that is a confirmation that once it comes to retest that BREAKER BLOCK, we will be there waiting patiently like hungry tigers. All the best as you mint this market.

TradingCyborg47

Price is always searching for liquidity. This is very true for EURCAD price is looking to clear liquidity after retesting the breaker formed as shown.

TradingCyborg47

This pair keeps consolidating and is not giving us a clear direction. What's the solution? Keep the patience and let the market decide. For now, let's watch what will happen at that point. Yesterday, it broke the 1-hour lows creating an opportunity for a reversal. It, however, retraced to the LIQUIDITY ZONE and I expect to keep shorting but we will have...