hope.bleecker
Long

Pound Canada- Retest the Morningstar, Sell Friday; Buy 189

FX:GBPCAD   British Pound/Canadian Dollar
334 10 14
We had to enter this twice but finally caught the long move up to its target for 200 plus pips from 188 up. There is a possibility that there wlll be a drop to 189 before a significant upmove to the 195 area. I am trying to catch the retest of the bearish engulfing candle down to the 618 retracement . Then I will rebuy 189. Thanks!!

What a great week!!
Trade active: Order placed for 189 when bullish formation occurs, enter. Thanks!
Trade active: Go on with your bad self, pound canada! This is saying "I want up"... pulling one off with the close and the rest of them are at 18920. See u on Monday.
Trade active: Adding... This is coming in.
Trade active: I added at 18900. we shall see if it runs.. Gracias.
Trade closed manually: I have removed this trade for -20 pips on the second order...waiting to see what nonfarm brings.
Trade closed manually: or interest rate annoucement...sorry
Trade closed: stop reached: The first level hit on this and the second trade was a stop out.. I did attempt the reentry and was stopped for 40 pips... Looks as if it is testing the support to become resistance and we have some opportunities to the south. watching price action. Will let you knof if I start trading pound reversals. Thanks!
This has completely reversed. Congrats if you took the short down.. We are now looking for 182 on this so you can ride a long back up the daily trendline and then resell. I will post a new chart.
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hope.bleecker Zohaib_Malik
Hey are you selling yet?
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Zohaib_Malik hope.bleecker
No, I m waiting for breakout and sell after the correction!
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Are you adding long or short? I am wondering if you think the downside move is ending. Thanks!
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Go on with your bad self, pound canada! This is saying we want up... pulling one off and break even for the weekend. See u on Monday.
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Caught 100 pips off reentry and currently pulled to 18920. Have a great weekend!
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So perfect ! Thanks !!
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What is the SL entering 189?
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hope.bleecker laiconn1968
I trade with a stop of no greater than 40 pips. I prefer 20 pips below the u-turn of the entry on the one hour chart as the uturn is confirmed. Thanks!!!
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