Attachments: GBP/JPY, GBP/AUD, GBP/USD live entry review

GBP/JPY, GBP/AUD, GBP/USD live entry review

#301
May 1, 2017 6:47am May 1, 2017 6:47am

sandhu900
| Joined Jan 2015 | Status: Trader | 6 Posts

so how much drop will we see in gbpaud and gbpnzd

#302
May 1, 2017 8:00am May 1, 2017 8:00am

MrPresident
Joined Apr 2017 | Status: trying to make money | 3,341 Posts

I'm looking to buy GBP/AUD dips targeting 1.78 and then 1.80's area

It can pull back 100, 150 or 200 pips if it is overbought and when it stalls, I think it will be a good long position to hold. Support is at the 20 day moving average.

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Don't Worry Be Happy

#303
May 1, 2017 1:52pm May 1, 2017 1:52pm

TahirMehmood
| Joined Apr 2017 | Status: Trader | 1 Post

what is meant by Out+15 or 10?

#304
May 1, 2017 6:42pm May 1, 2017 6:42pm

nimtrader
| Joined Dec 2016 | Status: Trader | 534 Posts

out with 15 pips profit
don't go in on GBP/AUD till the reserve bank decision

I will get my head around this, but always can be wrong

#305
May 2, 2017 1:48am May 2, 2017 1:48am

zefx
| Membership Revoked | Joined Nov 2012 | 665 Posts

Quoting MrPresident

Disliked

I'm looking to buy GBP/AUD dips targeting 1.78 and then 1.80's area It can pull back 100, 150 or 200 pips if it is overbought and when it stalls, I think it will be a good long position to hold. Support is at the 20 day moving average. {image}

Ignored

Possible its drop more down

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email me : pipspro88@gmail

#306
Edited 8:00am May 2, 2017 6:53am | Edited 8:00am

MrPresident
Joined Apr 2017 | Status: trying to make money | 3,341 Posts

Quoting zefx

Disliked

{quote} Possible its drop more down {image}

Ignored

yes, it could fall down a bit more but i think that the 20 day moving average will support it in the near term

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Don't Worry Be Happy

#307
May 3, 2017 7:20am May 3, 2017 7:20am

MrPresident
Joined Apr 2017 | Status: trying to make money | 3,341 Posts

Quoting MrPresident

Disliked

{quote} yes, it could fall down a bit more but i think that the 20 day moving average will support it in the near term {image}

Ignored

going up again

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Don't Worry Be Happy

#308
May 3, 2017 8:59am May 3, 2017 8:59am

MrPresident
Joined Apr 2017 | Status: trying to make money | 3,341 Posts

Quoting MrPresident

Disliked

{quote} going up again {image}

Ignored

i think there is still at least 1000 pips upside in GBP/AUD

good buy on pullbacks near the 20 day moving average

Don't Worry Be Happy

#309
May 4, 2017 7:55am May 4, 2017 7:55am

MrPresident
Joined Apr 2017 | Status: trying to make money | 3,341 Posts

GBP/AUD still going up but it might reverse soon since it is overbought

1.76 area is a good place for it to reverse

Attached Image (click to enlarge)

Don't Worry Be Happy

#310
May 4, 2017 9:24am May 4, 2017 9:24am

sandhu900
| Joined Jan 2015 | Status: Trader | 6 Posts

i am in a trade which i am trying to get out of. I sold gbpaud at level 1.6390 and gbpnzd at 1.8288 and gbpcad 1.75837. but pound sterling keep rising from entry level. are we going to see reversal to that level.

#311
May 4, 2017 9:24am May 4, 2017 9:24am

zefx
| Membership Revoked | Joined Nov 2012 | 665 Posts

Quoting MrPresident

Disliked

GBP/AUD still going up but it might reverse soon since it is overbought 1.76 area is a good place for it to reverse {image}

Ignored

waiting drop soon

email me : pipspro88@gmail

#312
May 4, 2017 11:53am May 4, 2017 11:53am

MrPresident
Joined Apr 2017 | Status: trying to make money | 3,341 Posts

Quoting sandhu900

Disliked

i am in a trade which i am trying to get out of. I sold gbpaud at level 1.6390 and gbpnzd at 1.8288 and gbpcad 1.75837. but pound sterling keep rising from entry level. are we going to see reversal to that level.

Ignored

that is not likely to happen

Don't Worry Be Happy

#313
May 4, 2017 2:41pm May 4, 2017 2:41pm

MrPresident
Joined Apr 2017 | Status: trying to make money | 3,341 Posts

GBP/AUD is approaching a turning point in the short term and it may offer a short trade for one or two days

i still think that this pair is bullish and any dip is a good buy

best to enter any trade after the release of the RBA Monetary Policy Statement

Don't Worry Be Happy

#314
Edited 8:48am May 5, 2017 8:16am | Edited 8:48am

MrPresident
Joined Apr 2017 | Status: trying to make money | 3,341 Posts

GBP/AUD might be turning around from the 1.76 area before resuming its uptrend

it is overbought on the daily chart and supported by the 20-day moving average

probably the best long term trade to be in

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