FX:GBPAUD   British Pound/Australian Dollar
2343 13 60
LONG GBPAUD             NOW

Structure Tells you every thing.
Today this pair just tested 2.0170 again
and did not break.
Therefore we can do a Long Trade now.
SL : 2.0110
TP1 : 2.0450
TP2: 2.0660
TP3: 2.1200
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very nicely done, im in on this as well, aiming for target #3
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gbpaud has no mercy on buy side still.. it will fall below 2.0 soon.. long term opportunity for atleast 2000 pips move will be from 92 area..
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This trade may play out next week.
+1 Reply
i have no luck with your trading ideas...
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ddp922 ernstschwarz
he runs tight stops and enters to early, best to enter when you see a nice pinbar, i got a sick entry this morning out of sheer luck though at 1.9999, but added once i saw this
snapshot
+1 Reply
Yes, you have you OBSERVE the print. He can only give a hint at what is going. He cannot predict that the sentiment will shift the next hour because of Oil Shocks. YOU TOO have to understand the specific market you trade and its personality. ddp922, for example, saw the pinbar and got in. Its like going fishing, you cannot see all the fish that is biting, but you know they are when they tug at the rope. The same with price action: observe it and learn it.
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jaejames Rocketman
indeed, entry is the most crucial part of being a successful trader :)
Reply
sl hit
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hi mehmet, his trade ideas are based on mainly structure and most of his trades are swing trades as they offer the best R/R ratio.
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