GIBBSXAU

GIBBSXAU

I'm looking at this for a major swing from around 81.000. SL is placed just above the 1W high and clear major resistance at around 81.500. With my furthest target (TP3), I'm targeting +230 pips, with TP1 & TP2 both labelled on my chart. Once we clear 80.600, price should open up for much more downside movement. This pair has been in a clear downtrend from around...

GIBBSXAU Updated 

After a very negative NFP for Gold, price has been dropped to an incredibly desirable area to add long positions. If we take a look at the trend line I have drawn on the 1W timeframe, we can clearly see that in the bigger picture, the trend is still bullish, and has been for some time. I do expect a surge of buying volume next week and I have a lot of optimism...

GIBBSXAU

This pair is certainly bullish, there's no doubt about that, with the GBP beginning to pick up the pace and show strength recently. The higher timeframes are screaming bullish also, the lower timeframes are doing the same. Price is creating higher highs on the M15 and M30 timeframe. I want to swing my positions up to 1.86XXX, I may hold over the weekend if my...

GIBBSXAU Updated 

I added short positions on this pair yesterday at the end of NY. This pair looks like it is ready for some downside movement and we may get that today. I've placed my SL above the previous daily high, in what I feel to be a relatively safe area. Risk is minimal as I am only risking 25 pips. Above and around my entry (0.91800) seems to be a significant resistance...

GIBBSXAU

Price is currently in a clear and obvious area of demand, an incredibly desirable area to be adding long positions in my opinion. That's exactly what I've done here (0.87300). There is a handful of support below my entry, with my SL well below the two previous daily lows. This pair has been bullish for the last week and I expect that to continue with the majority...

GIBBSXAU Updated 

This pair has been in a downtrend since the beginning of June (check D1). I'm following the trend with this one and going short. Price has been creating lower highs and lower lows consecutively for hours. JPY has been showing significant strength today, with the sell side of the market showing large buying volume on the Japanese Yen, and large selling volume on...

GIBBSXAU

I'm looking to long this pair upon market open this evening. I've been scanning the charts for potential setups to execute this week and I've stumbled across this short-term buy opportunity on GBP/CHF. The very first thing that I noticed on this pair when I initially checked the D1 timeframe, was the sheer amount of rejection to the upside. As you can see with my...

GIBBSXAU

I've decided to take a short position here as I feel price has reached a strong resistance zone. Zooming out on the D1 chart, we can see that GBP/USD has spent the majority of this month in a downtrend. I'm going to follow the trend on this particular setup and see if I can ride the wave down. Risk is absolutely minimal and I'm targeting 85 pips. 1:4+ R:R.

GIBBSXAU

I've put together a quick setup on this pair in an attempt to secure some more profit before the market closes for the weekend. I stumbled across this pair and came to the conclusion that a long was looking rather convincing. The current H4 candle is looking very positive for bulls and we seem to have heaps of rejection to the downside. I'm targeting roughly 40...

GIBBSXAU

I added long positions on EUR/CHF yesterday, but my entry wasn't the greatest. I've been holding overnight and after an overall bearish morning, this pair seems to be pointing more to the upside now. We've had numerous tests of the major support level at 1.09455, price did seem like it was attempting to collect liquidity. I'm expecting the movement upwards to take...

GIBBSXAU

AUD/CHF looks like it has reached an obvious area of supply. I intend on targeting the area of demand, where around 4 H4 candles all failed to break and hold below 0.68930. I've added short positions here with a 10 pip SL, this enables me to have a 1:5 R:R. Risk is minimal, I'm looking forward to seeing how this trade progresses.

GIBBSXAU

GBP/CHF looks like it is in a very desirable area to short in my opinion. We seem to of reached a strong resistance zone with countless rejections to the upside. Today has been a super bullish day for this pair, with virtually no downside movement, I'm thinking now may be the time for a healthy pullback. I'm interested to see how this trade plays out during the...

GIBBSXAU

I've added a small, low-risk short on this pair here. I was satisfied with the previous H1 close along with the current H4 candle which looks well within bear's favour, therefore I entered. Super tight SL at 0.73950, risking 13 pips. My SL is sat comfortably above the liquidity, price has been closing below the price my SL is at for the last 24 hours. CAD/CHF has...

GIBBSXAU Updated 

I have been itching to short this pair since yesterday. The previous D1 candle was ruthlessly bullish, but bulls seemed to lose steam at around 1.57900, which now looks to be acting as a fairly solid resistance zone. SL is placed just above the highs of yesterday. I have confidence we will see this pair fall considerably and now I've found my entry. My desired...

GIBBSXAU

AUD/NZD, a pair that has caught my attention this morning. Zooming out and taking a look at the higher timeframes we can see that we are in an uptrend, a fairly obvious one. Previous candles on the lower timeframes did suggest bear, but price looks as if it has approached a demand zone (turquoise rectangle). This was an area that I was looking at to be respected,...

GIBBSXAU Updated 

I've been monitoring this pair closely throughout the day. The Swiss Franc has had a tremendously bullish day today, remaining stronger than most currencies. The likes of NZD/CHF, EUR/CHF and most base pairs vs CHF look like they have bottomed out. After the previous H1 candle closure, we began to see the presence of bulls. I waited patiently for signs of bull...

GIBBSXAU

I am adding short positions here at around 0.77600. I have identified a strong resistance here on the H2 timeframe (yellow rectangle). This is a counter-trend trade, higher timeframes show us that AUD/USD is overall bullish long-term. Majority of leveraged funds are currently long on the AUD and short on the USD. Along with this, majority of banks are shorting the...

GIBBSXAU

We have a potentially very profitable swing setup here with a cracking 1:7 RR.