GBP/USD M5 Trading | Page 48 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

EUR/GBP, EUR/USD, GBP/USD, AUD/USD, CAD, NZD, JPY, and more... 15 replies

GBP/AUD, GBP/CAD, GBP/CHF and GBP/NZD thread 126 replies

Trading eur/gbp of gbp/usd - 30 mins and below 0 replies

GBP/USD, GBP/JPY trading, my journey 34 replies

History Data Usd/gbp Not Gbp/usd 2 replies

Attachments: GBP/USD M5 Trading
Exit Attachments

GBP/USD M5 Trading

  • #941
  • Dec 17, 2022 1:12am Dec 17, 2022 1:12am
Quoting oneboy
{quote} GOLD Observation 1 min tf. Steve style {image}
Hi Oneboy,

There is no right or wrong way to Mark Up Levels it's just what works Consistently for you

Remember when Price Breaks through Structure it will usually "Bleed Back" to Test the Break of Structure

Having that knowledge was, one of many, "Light Bulb" moments for me.....
Attached Image (click to enlarge)
Click to Enlarge Name: 17th Dec 22 M1 Observations Spot Gold (£1 Contract)_20221217_07.02.png Size: 68 KB
  • #942
  • Dec 17, 2022 7:07am Dec 17, 2022 7:07am
AUD/USD M1 Observations

We need to know how a Swing Point comes into BEING

We need to know that not every Swing Point is Created Equal

Meaning not every Swing will produce a Winning Trade

We need to be Actively Aware of this and Manage our Trades Accordingly

This is M1 Swings (Micro) but remember every Swing, on every Time Frame, comes into BEING in the same way
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 17th Dec 22 M1 Observations AUD_USD Mini_20221217_12.32.png Size: 94 KB
Click to Enlarge Name: 17th Dec 22 M1 Observations 2 AUD_USD Mini_20221217_12.49.png Size: 80 KB
  • #943
  • Dec 17, 2022 7:31am Dec 17, 2022 7:31am
Practicing and Backtesting.
GOLD 1MIN TF
Attached Image (click to enlarge)
Click to Enlarge Name: !STD_XAUUSDM1.png Size: 22 KB
  • #944
  • Dec 17, 2022 7:40am Dec 17, 2022 7:40am
Quoting oneboy
Practicing and Backtesting. GOLD 1MIN TF {image}
Hi Oneboy,

Look for M1 Swing Points and how Price Transitions from Short to Long and from Long to Short
  • #945
  • Dec 18, 2022 8:39am Dec 18, 2022 8:39am
My view on GBPJYP on 4h and 15 min tf.
Bearish stronghold at 169 levels.
Created higher low at 168.800.
might retrace at 167 or 168.800.
after that finally taking support at 165.
downtrend downtrend with bears running wild.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPJPY_2022-12-18_19-42-20.png Size: 27 KB
Click to Enlarge Name: GBPJPY_2022-12-18_19-53-04.png Size: 21 KB
  • #946
  • Dec 18, 2022 9:56am Dec 18, 2022 9:56am
GBPJYP Observation
this pair was already at key leve l[ Sellers level ] on 4h tf, when news comes
for USD [ negative data ] and then it gave downward move of 0.80% or 135 pips.
it happens again when it was at same level, news comes again of USD [ negative data ]
then it again gave downward move.

''COINCIDENCE I THINK NOT''.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPJPY_2022-12-18_20-58-51.png Size: 24 KB
Click to Enlarge Name: GBPJPY_2022-12-18_21-05-59.png Size: 28 KB
Click to Enlarge Name: Screenshot 2022-12-18 at 21-02-09 Forex Calendar Forex Factory.png Size: 16 KB
Click to Enlarge Name: Screenshot 2022-12-18 at 21-23-22 Forex Calendar Forex Factory.png Size: 9 KB
  • #947
  • Dec 19, 2022 12:27am Dec 19, 2022 12:27am
AUD/USD M1 Short Trade
Attached Image (click to enlarge)
Click to Enlarge Name: 19th Dec 22 M1 Short Trade AUD_USD Mini_20221219_06.23.png Size: 62 KB
  • #948
  • Dec 19, 2022 12:27am Dec 19, 2022 12:27am
Quoting oneboy
My view on GBPJYP on 4h and 15 min tf. Bearish stronghold at 169 levels. Created higher low at 168.800. might retrace at 167 or 168.800. after that finally taking support at 165. downtrend downtrend with bears running wild. {image} {image}
GBPJYP
Already touched 165.080 levels by Gap Down.
First Resistance at 166.100.
Market Manipulation???

''I Hate Gap Up and Gap Down''.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY_2022-12-19_11-50-17.png Size: 37 KB
  • #949
  • Dec 19, 2022 1:11am Dec 19, 2022 1:11am
Quoting stevepatt
AUD/USD M1 Short Trade {image}
AUD/USD M1 Short Trade Result BE+
Attached Image (click to enlarge)
Click to Enlarge Name: 19th Dec 22 M1 Short Trade Result AUD_USD_20221219_07.07.png Size: 68 KB
  • #950
  • Dec 19, 2022 1:47am Dec 19, 2022 1:47am
Quoting stevepatt
{quote} AUD/USD M1 Short Trade Result BE+ {image}
AUD/USD M1 Long Trade
Attached Image (click to enlarge)
Click to Enlarge Name: 19th Dec 22 M1 Long Trade AUD_USD_20221219_07.40.png Size: 70 KB
  • #951
  • Dec 19, 2022 2:21am Dec 19, 2022 2:21am
GBPJYP
Long Trade
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY_2022-12-19_13-49-42.png Size: 52 KB
  • #952
  • Dec 19, 2022 2:30am Dec 19, 2022 2:30am
Quoting stevepatt
{quote} AUD/USD M1 Long Trade {image}
AUD/USD M1 Observations (Long Trade)

Price is Consolidating around 0.67200

Which way will Price Break???
Attached Image (click to enlarge)
Click to Enlarge Name: 19th Dec 22 M1 Observations AUD_USD_20221219_08.23.png Size: 69 KB
  • #953
  • Dec 19, 2022 2:38am Dec 19, 2022 2:38am
Quoting oneboy
GBPJYP Long Trade {image}
Hi Oneboy,

From a M15 Perspective it might be a little early to Buy??

See if there are still Buyers within the Blue Rectangle
Attached Image (click to enlarge)
Click to Enlarge Name: 19th Dec 22 M1 Observations GBPJPY_2022-12-19_08-32-23.png Size: 92 KB
  • #954
  • Dec 19, 2022 3:15am Dec 19, 2022 3:15am
Quoting oneboy
GBPJYP Long Trade {image}
My POV base on my m1 analysis....look carefully....i only trade gold...i have not trade GBPJPY for a long time..

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 17 KB
  • #955
  • Dec 19, 2022 3:22am Dec 19, 2022 3:22am
i always prefer trade gold due to its volatility and character. i use M5 tf but now i much comfort with m1 tf because it easier to find momentum. thanks to Steve.

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 27 KB
  • #956
  • Dec 19, 2022 4:05am Dec 19, 2022 4:05am
Quoting oneboy
GBPJYP Long Trade {image}
Thankx guys for your insight really appreciate it.

Will definitely look from your perspective at that long trade again.
I took that trade because price took support at 165.500 levels
and it again took support at that level. After that it retrace from there,one
small green candle followed by big green candle[also got CE signal at that candle]
with rsi crossover.
And my view was that it was going to touch 166.800 or 167 levels.
this pair generally moves 40 pips to 80 pips after London session opening from
my experience[which is of 2 months at best]

thankx for the support....
Happy face Happy face...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY_2022-12-19_15-33-15.png Size: 30 KB
  • #957
  • Dec 19, 2022 7:07am Dec 19, 2022 7:07am
Quoting stevepatt
{quote} AUD/USD M1 Long Trade {image}
AUD/USD M1 Long Trade Result +20 Pips +2%

AUD/USD M1 Short Trade 2
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 19th Dec 22 M1 Long Trade Result AUD_USD_20221219_12.53.png Size: 71 KB
Click to Enlarge Name: 19th Dec 22 M1 Short Trade 2 AUD_USD_20221219_13.01.png Size: 57 KB
  • #958
  • Dec 19, 2022 7:23am Dec 19, 2022 7:23am
Quoting stevepatt
{quote} AUD/USD M1 Long Trade Result +20 Pips +2% AUD/USD M1 Short Trade 2 {image} {image}
AUD/USD M1 Observations

Looking on an even Lower Micro Level

Price is Fractal meaning we will see the same Patterns on all Time Frames just on a Smaller Scale (Micro)
Attached Image (click to enlarge)
Click to Enlarge Name: 19th Dec 22 M1 Observations AUD_USD_20221219_13.15.png Size: 48 KB
  • #959
  • Dec 19, 2022 8:09am Dec 19, 2022 8:09am
Quoting stevepatt
{quote} AUD/USD M1 Observations Looking on an even Lower Micro Level Price is Fractal meaning we will see the same Patterns on all Time Frames just on a Smaller Scale (Micro) {image}
AUD/USD M1 Short Trade 2 Result BE+

Price is Failing to make New Lows.....
Attached Image (click to enlarge)
Click to Enlarge Name: 19th Dec 22 m1 Observations AUD_USD_20221219_14.00.png Size: 47 KB
  • #960
  • Dec 19, 2022 8:30am Dec 19, 2022 8:30am
Quoting stevepatt
{quote} AUD/USD M1 Short Trade 2 Result BE+ Price is Failing to make New Lows..... {image}
AUD/USD M1 Long Trade 2
Attached Image (click to enlarge)
Click to Enlarge Name: 19th Dec 22 M1 Long Trade 2 AUD_USD_20221219_14.26.png Size: 48 KB
0 traders viewing now