I am realllllllly not liking this pair this week!
![](https://resources.faireconomy.media/images/emojis/64/1f621.png?v=15.1)
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DislikedWhat was it you told me LG? Gotta sit on the sidelines, even though it's hard!!You made a good few trades overnight right? Nearly/Have already hit your weekly target? Perhaps only take those trades which look "perfect" as it's still only the beginning of the week, plenty to be had!
As for the GU, rewarded me nicely yesterday taking a long for +70Currently in a long EURAUD. Will post a screenshot soon, but if you flip to the H4 chart you'll see the decent support we recently hit.
It's kinda looking like the last couple of weeks...Ignored
DislikedWhat was it you told me LG? Gotta sit on the sidelines, even though it's hard!!You made a good few trades overnight right? Nearly/Have already hit your weekly target? Perhaps only take those trades which look "perfect" as it's still only the beginning of the week, plenty to be had!
As for the GU, rewarded me nicely yesterday taking a long for +70Currently in a long EURAUD. Will post a screenshot soon, but if you flip to the H4 chart you'll see the decent support we recently hit.
It's kinda looking like the last couple of weeks...Ignored
DislikedAttached chart. Disregard the blue channel lines. Blue box is a resistance area (I remember a few weeks ago you traded near this area LG, I've posted this chart before with this area of resistance). Price bouncing off support shown by red line. I'm long at green dotted line.
Purely a Range trade off support. SL is 100pips... it's an emergency stop. If it breaks support and closes lower I'll close position and cut my losses.Ignored
DislikedHi All,
From my point of view, GU is now trap inside triangle. Its in downtrend now and if buying GU is against the trend. For me i will look for sell trade instead of buy trade, until the price drop to previous low to form triple bottom.
Focus + Patient + Discipline = Success, ( Fx_Prince )Ignored
DislikedHi Pierre,
Can you explain the long GU trade of yesterday?
Thanks,
fxtsun
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"Chance favours the prepared mind" - Louis PasteurIgnored
DislikedSure mate, see attached screenshot. Sorry, may be a little hard to see... Red lines are a weekly channel (go to the weekly chart you'll see it clearly).
Support at thick green line + price at lower channel is what made me take a long. I've shown a daily screenshot, but have a look at the H4, it shows the recent Support area more clearly.. Went long at dotted green line and managed 70 out of this trade.Ignored
DislikedCouldn't be more simpler than that
Sometimes we look for more reasons than we need to.
fxtsun
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"Chance favours the prepared mind" - Louis PasteurIgnored