Daniel-Malik

GBPCAD - A very Different Setup .

FX:GBPCAD   British Pound/Canadian Dollar
710 11 19
This Setup is very different from the other setups I posted on trading view. Found volume diversion In GBPCAD             . Fireworks with high volume indicated the trend reversal thanks
Comment: A huge reversal yet to come .
Comment:
snapshot


same scenario again . High volume but small price movement .
Comment: https://www.tradingview.com/x/0lVRAssE/Not a Big Price movement so we can still expect upward move. Blue Marked area might be the critical zone. If breached then Stop the Trade
Comment:
snapshot
Comment:
snapshot

Going well till now. Just bounce form the same zone.
Comment: Second position in profit . First position on breakeven !
Comment: The power of volume, Near to TP 1
any further thought for this pair? It keeps declining slowly right now
Reply
I had a SL on this last night, lost it, now i understand why you dont use SL
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Having no SL is one sure way to bust your account... Remember 2 days ago - GBP fell like a ton of brick.
Reply
ezytradesignals ezytradesignals
Shorting GCAD
Reply
markuslig Batman-oz
That was a lot less drop than i was afraid of, im ready to try another long :P
But same problem here i gotta use a sl cuz i dont know anything about his strategy about no sl. Got to buy as low as i can get and put it under the low :0
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Daniel-Malik markuslig
Put your sl under the Spike . Thats a suggestion only
+1 Reply
markuslig Daniel-Malik
Yeah was thinking that as well :9
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I have tried before, the night it fell (ofc) :P
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Long yet daniel?
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Daniel-Malik Jimmy_wiradi
yes
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