DACapitalTrading
Short

GBPAUD - FOREX - 11. JUNE. 2019

FX:GBPAUD   British Pound / Australian Dollar
DACAPITALTRADING V2.0:

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FOR FOREX AND CRYPTO-CURRENCY MARKETS EVERY DAY!

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1 HOUR
Strong bullish price action and overbought market

4 HOUR
Too many emotions in play, too strong price. We need a pullback!

DAILY
Breakout is way to clear, there will be a pullback for sure.

FOREX SETUP
SELL GBPAUD
ENTRY @ 1.82860
SL @ 1.83410 (55 Pips)
TP @ 1.81940 (90 Pips)
RR: 1:3/4
Use normal Risk (1% per Position)
(Remember to add a few pips to all levels - different Brokers!)


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HAVE A GREAT WEEK

ALAN
Trade active
Comment: Good reaction to our level..
Comment: resistance holding, lets see if we can get back down..
Trade closed: stop reached: Closed with -50 Pips
Great work man
+1 Reply
DACapitalTrading Bullandbeartrading
@Bullandbeartrading, Thank you bro
Reply
GBP/AUD looks as if it is bouncing to the upside on the monthly. Try and draw a trend line connecting the lows and let me know what you think. Question: Would sells be a good idea if overall market sentiment points to the upside?
+1 Reply
@austinlmkc, Yep we love to sell if other people are buying ;) It doesn't work all the time but winners are way higher then losers
Reply
Great Setup
+1 Reply
DACapitalTrading Make_Money_Guru_Bitcoin
Reply
@MCuong2332, sure thank you for sharing!
Reply
@pbmalla77, Thanks for your view, good setup :)
Reply
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