DislikedYour GbpCad short trades should be looking good by now. Well done Bigive.Ignored
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DislikedYour GbpCad short trades should be looking good by now. Well done Bigive.Ignored
Disliked{quote} Gu still bearish in my opinion. My main objective is always to get rid of weak trades as quick as possible and look for better trades. Swings are never easy and stops on all sides will be taken out before the intended direction is resumed. Trade well. {image}Ignored
Disliked{quote} Short trade in. Last for the week. Have a great weekend. Cheers {image}Ignored
Disliked{quote} Hi Leon, with this rapid upward movement at NY session. i think that DXY is bearish for next week. might be GU will touch 1.28 - 1.29 area. although i'm not sure but DXY has no power to raise again even can't touch 105 again. we might see DXY drop to 102 area again.Ignored
Disliked{quote} Hi Hans You could well be right. As per my 4hr chart Gu is trapped between 1.26950 and 1.26115 (black horizontal lines). If you go back on the chart you will see how price has reacted off these levels. this will be cucial for a test of either 1.28000 or 1.25000 The yellow highlighted area is pivotal and has served as support/resistance in the past. For now I have it as a short, but if price has a 4hr close above the yellow highlighted area I will cut my shorts. Personally it is a difficult area to trade and the best would actually be not...Ignored
Disliked{quote} hi Leon, you're buying till 1.28 target as i mentioned in previous post? or will hold longer to 1.29 even 1.3 ?Ignored
Disliked{quote} Hi Hans, I will hold for 1.30 and above. It's a sequence. Break of 1.2750 which is a mid-quarter level and we are in the final lap for the end of March. Break and retest of 1.2750 I will add another batch for weaker trade targets of 1.28 and hold the best trades for 1.30. Next, level break and retest of 1.2850 another batch and weaker trade targets for 1.2900 and hold the best trades for 1.30. This is how I carry on week after week to keep profits coming and build trades for the longer term. This is provided GU does not make a roundabout...Ignored
Disliked{quote} so according to your analysis Leon, at what price GU will touch to the max this year? just for estimation.. 1.33 ? 1.34 even 1.36 ? i see at monthly TF too that no matter when the time is, it will first try to reach 1.31xxx..Ignored
DislikedI am hoping for a strong follow-through at 1.2750 and a daily close or weekly close above 1.2750. A strong indication would be a test of 1.28 this week and pull back to 1.2750 for re-entry to show bullish intent. All buy trades are locked in. Cheers. {image}Ignored
DislikedThe follow-through has been stronger than I anticipated, not that I am complaining. Nevertheless, I anticipate a correction back to my future weekly pivot at 1.27986 ish for possible buy trades and a target of 1.2950. I might take some contrarian sells next week. Trade well and have a great weekend. {image}Ignored
DislikedThe follow-through has been stronger than I anticipated, not that I am complaining. Nevertheless, I anticipate a correction back to my future weekly pivot at 1.27986 ish for possible buy trades and a target of 1.2950. I might take some contrarian sells next week. Trade well and have a great weekend. {image}Ignored