(GBPAUD) - Daily - Speculation & Analysis 31-08-16

FX:GBPAUD   British Pound / Australian Dollar
Hello Traders !

With GBP becoming slowly but sure bullish across the board, it seems the Brexit hype is fading too.
What we have here is a classical dynamic trend line that looks like it can break in a day or two.
We will Long this pair after we break the trend line and consolidated a bit.
Liability Disclaimer : All trades posted here are my personal view of the market.
If your planning to use them as signal, do your own research first and you are responsible for your own entries, exit, profit and loss management.

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Comment: Consolidation time
Trade active
Comment: and thats the end of pull back !
Trade closed manually: looks like we are having a deeper pull back, stopping this trade temporarily till a better opportunity rises.
Trade active: BUYING AGAIN, THIS SEEM TO BE THE PERFECT ENTRY, SL below the trend line.
Comment: we bought it literally at the lowest point. GG
Trade closed: stop reached
Trade active:

I have activated this trade again, based on 2 different trendlines this time.
Trade active
Hi, What's your SL on the new active long trade?

Hey bud, as you already know I've been following your trades closely.

What was your new long entry and SL?

Hey man,
Keep your SL about 20-30 pips below yesterdays low, am expecting today's candle to be a bullish one and make new highs. If it fails to do so, am out of the trade too. Cheers !
SL = Red line
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