Trades based on Market Geometry and Price Action

i'm going to scalp gbp/usd if prices close like now

short gbp/usd at 1.6034 sl=1.6126 tp=1.5933

short gbp/yen at 129.05 sl=129.77 tp=128.50

just closed the gbp/usd trade. it does not move -4 pips

eurcad finally moving up slowly, now at daily pivot.

Would be nice to see a reversal here in EU, (PMI Germany weaker than expected)

i don't think they will be reversal on eur/usd...the currency is definitely up till next week

and it seems like the pmi news affected gbp badly. but next week could be another potential week ! once the bear starts, no way u cant make your pips !

what i'm expecting is a retracement to go long on eur/usd

i had to switch camps on that one, even a retracement would help me to unload some shorts that i'm holding from 1,415 and 1,435. where do you see the retracement go? Around 1,435?

i see it go down to the 1.4306, 1.4275 area..in the mean time, we will get some short entries on intra day .

i don't think the eur/cad trade will work...

i just closed my trades to cut losses short

DK - when do you see that drop to 1.4300ish?
Are the intraday entries today (Friday) or next week?

intra day entries are next week.. don't trade today, the market is too slow,as usual

Just wondered if you are looking for cable entry short next week too DK?

Just got a tip that GBPUSD is possibly going down to 15300 or lower over the next few months but I suppose has to consistently break 16000?

rgds

eur/cad set for short this week above. that's why the trade i took did not have power to move higher. weekly fakey set up...

gbp/usd. upside coming for the couple of days...will it continue ? let's wait and see

aud.usd moving up...a retracement will occur before the currency turns back up...

nzd/usd also going up...some of these pairs can give good intra day counter trades...