Use appropriate risk management. Last few posts have been incredibly successful so I'm using lower risk on this one. My strategy is a confidential, but those that trade my posts don't get carried away with my extreme accuracy and how I usually have little to no drawdown - USE SLS! This is a mid to potentially long term trade. The target is lower than GU has...
GBPUSD trade setup for today 23 sep 2022. if 1.1211 support holds then will be looking to go long. and if it breaks we will be looking for more down side. always wait for candle close at each of the marked out price points before placing your trades
*not financial advice* - 15m chart - 2 sell positions - Targets Defined - Good luck
expect price to reach 162.00 , from thiss point we will be looking to go short down to 161.45(tp1) and if the support aat the price level dosent hold we will be looking forward to hold to final target 160.85
GBPUSD Intraday - We look to Sell at 1.1898 (stop at 1.1951) The medium term bias remains bearish. Previous support level of 1.2003 broken. There is scope for mild upward pressure at the open but we look for selling interest to resist gains. Preferred trade is to sell into rallies. Our profit targets will be 1.1744 and 1.1700 Resistance: 1.1900 / 1.2003...
GBPUSD Intraday - We look to Sell at 1.1915 (stop at 1.1965) The medium term bias remains bearish. Previous support level of 1.2003 broken. A sequence of intraday lower lows and highs has been posted. There is no sign that this bearish momentum is faltering but the pair has stalled close to a previous swing low of 1.1760. Preferred trade is to sell into...
GBPUSD Intraday - We look to Sell at 1.2182 (stop at 1.2258) Buying pressure from 1.2068 resulted in prices rejecting the dip. The 200 day moving average should provide support at 1.2061. The current move higher is expected to continue. With the Ichimoku cloud resistance above we expect gains to be limited. We look to sell rallies. Our profit targets will...
We took out buy-side liquidity yesterday and then we got a ms shift as marked on the chart. I'm looking for a sell in the blue shaded area and targeting the sell-side liquidity at the 1.2050 level.
Shorting cable at 1.22419 with the following set up in mind: TP: 1.21259 SL: 1.22685
When Price sets an EQUAL High and refuses to break that equal high..... your PLAY is coming soon. Price throws a JUDAS SWING I now RENAMED THE MONEY SWING. This is also a V TOP Formation or a Variation of the V Top. (Ot will stall before dropping giving you WICKS and Doji Candles) These are clues that the market leaves every day. Triangle Defense Strategy will...
GBPUSD Intraday - We look to Sell at 1.2055 (stop at 1.2110) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. We are trading at overbought extremes. This is negative for sentiment and the downtrend has potential to return. The hourly chart technicals suggests further upside before the downtrend returns. We...
GBPUSD Intraday - We look to Sell at 1.2350 (stop at 1.2415) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. The hourly chart technicals suggests further upside before the...
Pound still looks very vulnerable to me.. Intraday looking for rejection from the 1.2300 zone there. A good risk reward if it works out. Remember wait for the rejection candle on the 1hr this time then pounce!
Hello traders, This week the price opened by taking out last week's low followed by a quick bullish move yesterday. The bullish move has taken out the equal highs (EQH). This means that the buy-side liquidity has been raided as anticipated. The price has then reached the highest price of the week at Institutional Price Level (IPL) 1.26000. I'm anticipating the...
GBPUSD Intraday - We look to Sell at 1.2632 (stop at 1.2756) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Daily signals for sentiment are at overbought extremes. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. The hourly...
GBPUSD Intraday - We look to Sell at 1.2637 (stop at 1.2760) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Daily signals for sentiment are at overbought extremes. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. The hourly...
GBPUSD Intraday - We look to Sell at 1.2420 (stop at 1.2550) We are trading at oversold extremes. A higher correction is expected. The bias is still for lower levels and we look for any gains to be limited. We look to sell rallies. Our profit targets will be 1.2055 and 1.2000 Resistance: 1.2500 / 1.2800 / 1.3000 Support: 1.2210 / 1.2000 / 1.1500 ...
expecting trend reversal after breaking the 4 h trend line ..waiting for confirmation using smaller time frame.