Hello Traders! GBPAUD is forming a head and shoulders. may give us a trade if price consolidates a bit more. be on the lookout as this may happen early in the week.
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Price did as anticipated. Could look for shorts if you have astrategy for this
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Very nice, almost complete
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Looking to sell the close of the 1hr candle if it holds, which is very likely, may see another drop from there. Trade with care
@DAVID_GIRALDO very nice trade !! I took it. Thanks. What is the target price you have for this?
DAVID_GIRALDO
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@twitterfx8, depennding on where you got in, you could maybe move Sl to break even. the difference with me and many traders, when i am wrong, i break even or make small profit and when im right, i make big profit. TP is as drawn out. it could not be any simpler. the fib ext where the arrow stops
DAVID_GIRALDO
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@DAVID_GIRALDO, and Congrats!! :)
hold onto it for now. i will keep updating post. please use proper risk management to not blow your account when i am wrong
twitterfx8
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@DAVID_GIRALDO, thank you. You are a gentleman ! I sold at 1.68876. I am not going crazy with trades. Thank you for your concern. I enter it if it matches my trades e.g. Short EURCHF. I am looking for confirmations in your trades
DAVID_GIRALDO
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@twitterfx8, dont short EURCHF. i am in it right now but im at break even. its not looking promising. if it tags me out then w.e., on to the next. but i would not get in right now.
Good price to have sold. move to break even and not in profit, just break even. if you get taged out then w.e. onto the next
twitterfx8
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@DAVID_GIRALDO, ok. EURCHF i am looking more longer term and have stoploss higher 1.1625.
DAVID_GIRALDO
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@twitterfx8, thats fine. do whatever your strategy says