Piet.Hein
Short

GBPCAD Short - I'm In

FX:GBPCAD   British Pound/Canadian Dollar
1120 23 34
Description on the chart!
Trade active
Comment: Today I read a nice publication reinforcing the short term bearish view to GBPCAD if you are interest have a look: http://www.fxstreet.com/analysis/einstitutional-views/2016/01/25/02/
Comment: Stop Loss moved to Break Even.
Comment: Still on trade, SL above the 4h falling channel. If it is broken, my position will be closed at BK @ 2.019
Trade closed: stop reached: Break Even :)
After the short, I think it may be a reversal to the upside at what looks like a demand-zone at 1.99400. Don't you think?
+1 Reply
Piet.Hein eirik.kaasa
1.9940 do have some supports, when and if price goes down, I will watch price action around there and maybe move my SL to break even, because as you said, there could be reversal. But for now, Im looking for the weekly lower channel or the 1.955 zone.
+1 Reply
Sounds good. Good luck :)
+1 Reply
Piet.Hein eirik.kaasa
Thanks :) for you too
+1 Reply
top !
+1 Reply
Thanks!
+1 Reply
In now as well after waiting for a 50% retrace. Good luck!
+1 Reply
I agree piet.. It's ok if you have already entered but if would wait for a small correction before going short. But it's still ok.. Very nice analysis mate..
+1 Reply
Fxprotrader Fxprotrader
snapshot
+1 Reply
Piet.Hein Fxprotrader
Thanks, your analysis is great too. Yes, wait can be better, but sometime we just jump in you know, my mistake! Lets see what happens now.
+1 Reply
AD4499 Piet.Hein
Great analysis of this pair the only thing is if CAD goes bearish on you but other than that it is running lower quickly everything under 2.05 is correction
Reply
marcus123 Piet.Hein
jumped in aswell; it happens; hedged to be on safe side for now; were at beginning of week so expect some pullback - from last weeks strong bearish move; else everything pointing to a nice bearish move;
Reply
Piet.Hein marcus123
Good strategy ;)
Reply
Piet.Hein jangseohee
Very nice analysis, congrats!
+1 Reply
jangseohee Piet.Hein
gotta be some retracement before big plunge
+1 Reply
I would wait a retest of the TL before entering... Best of luck!!!
+1 Reply
Now we're getting somewhere. It took a little patience. C'mon baby, run.
Reply
finally!
Reply
Thanks for the idea!! Great trade :)
Reply
Piet.Hein manutdke
thanks fellow :)
Reply
Amazing mate ;)
Reply
Piet.Hein masagrooove
Thanks mate :)
Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out