TradingView
akhena10fx
Mar 27, 2023 1:14 AM

GBPUSD Outlook 3/26 Long

British Pound/U.S. DollarFXCM

Description

Looking to see dollar weakness and correlate this with GBP strength, would like longs after price has interacted with volume imbalance.

Comment

looking to sell GU.

Comment

missed entry, will evaluate if I still want to attempt participation.

Comment

entering here.

Trade active

tapped in

Comment

willing to give it this much room past original SL

Comment

still in this, had to extend SL which reduced RR

Comment

reducing my risk.

Comment

gave it back full risk

Comment

still holding through asia session. hoping news gives exit tomorrow.

Comment

ended up taking a partial loss here.

Comment

looking to get tapped in short.

Comment

tapped in. While i would prefer entry off the 1HR we are in a pre-identified weekly premium and lower timeframe entries are valid per trading plan.

Trade closed: stop reached

was premature. attempting one last time after the equal highs were taken.

Comment

favorable development, lets hope it holds.

Comment

reducing risk.

Comment

ended up giving it back some room

Comment

reducing risk, wont be moving SL anymore to take on more risk.

Comment

going break even.

Comment

lol still holding. gave it back risk.

Comment

doesn't look like itll pan out closing early.

Comment

short on GU

Comment

not out of the weeds. Need to see price violate this level.

Comment

going break even.

Comment

nice. moving SL into profit.

Comment

needed some patience but its back on the move.

Comment

SL in profit as price approaches TP

Comment

partialling out of first position as it approaches TP level.

Comment

Closed out of second position at similar prices before market close.
Comments
UnitedSignals
I have the same view!
JoeChampion
I agree on USD weakness, thanks!
Mitch51
@JoeChampion If the poster is short GU, he doesn’t seem to be expecting DXY to continue weak…..
akhena10fx
@Mitch51, Yes, I was weak on DXY earlier in the week, but think its likely it may want to show some strength late in the week and potentially leave a wick. Thanks for your input!
More