odellforextrading

odellforextrading

Yesterday whiplashed me pretty badly when GBPUSD shot up 100 pips. Shorted again at the peak and thankfully it worked out. I just wanted to post this for one small reason. It’s really bizarre to see all the “pros” on here constantly changing their tune. Short GBPUSD, short GBPUSD, here’s your SL and TP…lots of amateur traders will blindly follow and blow their...

odellforextrading

Just noticed USDJPY dropped pretty heavily at what seemed like a not-important time of day. Was curious if anyone knew exactly what happened. I did read on Twitter at the exact moment it dropped, that former President of Japan Shinzo Abe collapsed while giving speech or something. A gunshot was heard. Very odd for Japan. So I’m curious if for some reason that...

odellforextrading

Continuing in my short position on GBP/USD 15min TF, we are just under 200 SMA as resistance, strengthening my short position, aiming for 1.30 - 1.28

odellforextrading Updated 

Added to current short position, decent risk/reward. Let's chat! -Ryan

odellforextrading

Still shooting for 1.30 - 1.28 Posted earlier almost same chart, just wanted to re-emphasize, I don't see any FUNDAMENTAL reason for Sterling to shoot past resistance. Brexit is a storm right now, and a deal does not look likely - GBP is fragile at the moment, and I see a huge drop coming today or tomorrow. My opinion.

odellforextrading

I am currently in a pretty large short position (I've posted about it earlier) and I am still anticipating a hefty drop in Sterling, amidst Brexit noise. I see a very uncertain area on my graph (with the question mark) where I feel momentum will not push GBP any further than that initial resistance. Therefore, I maintain my short position, aiming for 1.30 - 1.28,...

odellforextrading Updated 

Another idea post about GBP/USD -short. I posted earlier that I opened a 3.89 lot size position, which is relatively large for me, and I am firmly betting on GBP/USD to fall back to at least 1.30 level, and shooting even lower for 1.28 in an ideal world. Again, with Brexit FUD swirling around, this trade is up in the air. I was shocked to see it rebound so high...

odellforextrading

Going long on 4hr AUD/USD after what seemed like a bearish trap.

odellforextrading Updated 

Just a quick idea, I entered a large short position for my Business account (3.89 standard lots), just waiting to see if it bounces off this slight resistance and continues the fall. I see a lot of charts pointing to a bull run, but I'm betting against it. Shooting for the 1.28 mark, but with brexit news swirling this week, I'm not really sure.