The WoRmHoLe

GBPJPY

1. long @138.36 sl @137.85 tp @139.10 (0.3)

Trade closed in profit.

Got out at day opening price. Was busy scaling in till I realised that 138.81 was dop.
current price now dead on dp. i might have another go at this. gotta wait for the confirmation first tho

no .. too messy. still undecided between dp & dop.
might catch it later at lo. time for bed.

Hi guys

okay, yesterday's late mini sell-off target (dp retest @4905) was achieved.
currently price is trending down in a tight descending channel while having the spent the last 6 hours consolidating ard today's dp @4892
Immediate trend is up with the tight ranging descending channel looking like a small correction. Intermediate & long term trend is still down.
Intraday, what we're looking for today is a breakout of

a. the descending channel & dop level to buy. If this happens, 1st trade target ought to take us to 5065

or

b. a close below dp & ltl1 level to sell. If this happens, 1st trade target ought to take us to 4780

Position is now flat till one of the two scenarios plays out.

Good luck & many green pips to every one

Our beloved beast looks much more straightforward atm.
As you can see from the attached chart price is in a tight bottleneck having tested the subltl1 level after hovering ard dp the whole morning. Currently is testing subutl1 level. A breakout either way should provide a massive move I reckon.

Intraday trade, here's what to look for & possible target levels.

a. A breakout of subutl1 ought to take price to yesterday's high @139.66 & a possible test of 140.33

b.A breakout of subltl1 however ought to take price towards primary supp level @136.54 before testing yesterday's low @135.87

Again, good luck to everyone & many green pips

Trying for a small long off the m5 dp bounce


GBPUSD

1. long @4910 sl @4855 (0.2)

ltf just brokeout of dop level.
We sold off at tokyo at this level, don't seem to be a problem here.
Any retest to the level will be a great opportunity to add long imho.

Good luck.

Welp, currently testing yesterday's high. I am looking for 5065

Trade closed

GBPUSD

1. long @4910 closed @5017 (0.2)

wb, curious why the early exit?

psych level & .............

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I'll find a better price to get in later.
If not, it's okay, already made some money this morning with the dragon long & the recently closed cable trade.

Hi mate! Needless to say that I missed the bounce. Just made some pips on the minor reversal in EU tho. You bullish with me now?

hey buddy

bullish .. depends what tf you're referring to. I was definitely bullish when I bought earlier

Here's my earlier post explaining my biases based on the different tf.

EurUsd

1. long @2677 sl @2510 (0.3)

good thing we took profit earlier

GBPUSD

1. long @4911 sl @4855 (0.1)

put one again, this time with SL @ 4916

GL

Hi Wb,

May I know at what price you're going to exit this trade?

At how many pips do u usually exit your trade?

If you could give me some insight that would be so great because I'm still learning here.

Thanks a bunch!

Long GU @ .49566 sl .49240. Comments welcome.

Still got an open short in EU from .27224 covered.