Hope all is well, my sixth published trade on Tradingview.com (XAUUSD IS complete with 100% accuracy and less than 0.5% drawdown. This can be found on my story on IG, below)
*Any change of views on this pair, I will advise in the comment section.*
Take profit is 80 pips
Stop loss is 40 pips
*This pair will react fast, keep watching back to my...
SELL EURGBP 1DAY
this is a reversaal trade with 3 take profits areas (A,B & C). each tp has its own lot size in place that helps me to maxmize my gains and reduce oppportunity cost.
Hence take the trade the way its sit back, and enjoy the ride.
i will upload a video explaining it well
EURGBP - Intraday - We look to Buy at 0.9074 (stop at 0.9044)
Posted Mixed Daily results for the last 7 days. Broken out of the wedge formation to the upside. The formation has a measured move target of 0.9184. The 50% Fibonacci retracement is located at 0.9170 from 0.9324 to 0.9016. There is scope for mild selling at the open but losses should be limited....
Spotted a flag formation on the D TF.
Not 100% convinced on how price action will move within the flag itself but lets see how this plays out.
Not published any analysis in over 6 months, so this may be a little rusty.
EURGBP - Intraday - We look to Buy at 0.8990 (stop at 0.8960)
Continued downward momentum from 0.9109 resulted in the pair posting net daily losses yesterday. Trading between support at 0.8988 and resistance at 0.9080. We are trading at oversold extremes. The selloff is close to an exhaustion count on the intraday chart. Due to an Ending Wedge formation, we...
EURGBP pair has just made another lower-low on H4 thereby inviting more BEARS (lol!). A retracement to 0.90473 and 0.90621 could be a good sell entry for a nice profit. Better sell entry will be established on lower time frame possibly in the London session tomorrow.
PLAN YOUR TRADES AND TRADE YOUR PLANS
The 4hr time frame is indicating a move upwards after consolidation is complete, in regards to where the market price is currently at.
If the price goes above 0.90490 then it will confirm upwards movement and signalling a buy for this current pair.
Trading tip: Always insure your RRR is a minimum 2.1, Life's a bitch.. so always sleep with one eye open.