GBPUSD Trading idea and analyse from trader Nika Lekishvili P.S This is my #300 published trading idea. :)
GBPTRY has entered a bullish trend and MAs play a role of support structure that keeps the trend in its current direction. Considering MAs, one could also say that there has been a bullish crossing of 150 and 200 MAs. Moreover, since the green vertical line that identifies the beginning of the trend, RSI has never been below the red support line (could be seen on...
retest of 1.40xx then retrace down, after that breakthrough longing since 1.2859
Simple Technical analysis: Fib Level (50.00%), downward movement, previous structure, MA as resistance along with crossing of MAs in a bearish direction; RSI and MACD do not indicate any support for long positions. British politics and Theresa May's minority government might show instability and could push away investors from the GBP. Good luck!
DISCLAIMER: Hi everyone, this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas". "The trend is your friend 'til the end". Lost a bit of money on this pair this week. Lets take a look: Daily: Alright so we started Week 20 with...
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DISCLAIMER: Hi everyone, this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas". The trend is your friend 'til the end! And what a trend this has been! This week's analysis wont vary too much from last weeks. Support and resistance...
DISCLAIMER: Hi everyone, this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas". Alright guys this has been one hell of an interesting pair for me, so here we go! Daily: Pretty obvious Resistance level at 148.044 but that's no...
KEY LEVEL SUPPORT OR BREAK? shtrategy based on NOP
DISCLAIMER: Hi everyone, this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas". I have been watching this pair for about two weeks now since it started its bullish trend, just waiting for the reversal. Caught some awesome pips this...
Sell after breaks out below the bottom trend line
Flag is developing and triangle is breaking. Looking for Pound weakness or Dollar strength to move this pair down. Only thing that I don't like it that it's already Thursday and Im probably going to have to carry this trade into the weekend. Looks good so far. Let's see how this flag develops and looking to take it down to 1.2720 - .2700 Just waiting for entry at...
The GBPAUD is now in an uptrend and after retesting/holding the 1.71 area it's buy. I'm expecting the price to move to highs and will keep my target open. Check out my recent article below. anyhows.com
Simple analysis from me i hope the price gonna take my pending order Stoploss 200pip and Target TP 500pips.
The trend is down...hard. With a recent breakout to the downside, we missed the entry, so we're jumping in a little late. After the FOMC today though, we would speculate that the pound is about to come crashing down even more
Just yesterday we were discussing the potential for the British pound to continue to advance against the greenback. And given yesterday’s close, that still seems likely so long as 1.2410 holds up as new support. But the pair’s counterpart, the GBPJPY, hasn’t fared nearly as well over the past 24 hours. Yesterday’s plunge in equities has triggered a flight to...