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Daniel-Malik
Oct 11, 2016 12:14 PM

GBPCAD - A very Different Setup . 

British Pound/Canadian DollarFXCM

Description

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

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A huge reversal yet to come .

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same scenario again . High volume but small price movement .

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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

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Going well till now. Just bounce form the same zone.

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Second position in profit . First position on breakeven !

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The power of volume, Near to TP 1
Comments
Noobsnoot
any further thought for this pair? It keeps declining slowly right now
Batman-oz
I had a SL on this last night, lost it, now i understand why you dont use SL
ezytradesignals
Having no SL is one sure way to bust your account... Remember 2 days ago - GBP fell like a ton of brick.
ezytradesignals
Shorting GCAD
B4dBot
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
Daniel-Malik
Put your sl under the Spike . Thats a suggestion only
B4dBot
Yeah was thinking that as well :9
B4dBot
I have tried before, the night it fell (ofc) :P
Jimmy_wiradi
Long yet daniel?
Daniel-Malik
yes
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