SignalSwiss
Long

[GBPUSD] WAITING BoE ANNOUNCEMENT

FX:GBPUSD   British Pound/U.S. Dollar
3309 23 101
Simple update of our bullish setup (see below). Tomorrow is expected BoE announcement, and we expect the volatility on markets. Here, we will manage our position "step by step". Follow us!!

MONEY MANAGEMENT: TWO STRATEGIES

- Stop loss at breakeven (around 1.2220)
- Stop loss below low ( double bottom pattern)

Do not forget: "the most important thing for a trader, is not the target, but knowing how to manage the stop loss!"

Our Plan Setup:

GBPUSD: UPDATES LEVELS

Thanks for your support and trade with care!
Comment: Good Morning Traders!
Yesterday we talked about Money Management (STOP LOSS), below here, thanks to the most important TradingView tool, we show the relationship Risk/Return on our setup:

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Comment: BREAKING NEWS: http://www.bloomberg.com/news/articles/2016-11-03/brexit-ruling-u-k-government-loses-lawsuit-over-article-50-vote
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Trade closed: target reached: We closed part of our position (Long) and we keep other portion with goal in TP2. We think likely, there could be other opportunities for intraday trading. If you interest about that, Subscribe to this idea/analysis to remain updated on the next step!
Thank you for your support and trade with care!

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Comment: We currently do not know when there will be the "consolidation phase", but the dynamics will make us understand, how far the pound will go in the medium term, and our economists friends know well what I mean. The monetary policy decisions, profoundly affect the currency, and Carney, it confirmed our expectations about inflation in the medium term.
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Comment: DOUBLE BOTTOM TARGET

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Comment: Honestly, we thought to receive some greater appreciation, but as often happens, we were wrong! :) So next week, we will not publish our analysis, but we'll just look at you, so good luck to all!
That said, we encourage you to be cautious, because the elections are an important event and they will surely bring volatility in the markets. If Clinton will win, or if will win Trump, is not very important, we are traders, not political, the only thing that interests us is the "price." :)

Good week everyone!!
Trade closed: target reached:
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one of the great call ;) thanks for the update every movement
+2 Reply
Thank you Gbprider! :) I'm happy! ;)
+1 Reply
entered yestrday at 1.229
should we wait for 1.26?
+1 Reply
Excellent Entry Level Luky5!! Technically speaking, the answer is "YES", much depends on the bank of England decision and Carney Press Conference.... wait and see.. :)
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Lucky5 SignalSwiss
Thanks
+1 Reply
SignalSwiss TOP SignalSwiss
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SignalSwiss TOP SignalSwiss
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+1 Reply
one of the best analysis ... i missed it was stuck with other positions,,,:)
+2 Reply
good job, I was shorting it but managed to switch at the break of 1.2333
+2 Reply
SignalSwiss TOP NidalDarawsheh
Great Nidal!! :)
+1 Reply
well done!
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Iam just new in tradingview and following you sir.
Because of this word from you: "the most important thing for a trader, is not the target, but knowing how to manage the stop loss!"
i manage to closing floating position and your are save me $100 yesterday from increasing that.
Many thanks to you.
Reply
Hi SignalSwiss,

really thanks for your contributions and all are highly appreciated. But personally i do not like your threatening words. There many succesfull traders in this community who shares very succesfull trades to those who are new.
Yes you are right sometimes people look for appreciation. But if you are sharing your ideas just for appreciation instead of teaching, please think about once again being here. To be honest i am glad that you are here but the fact i do not like being threated.

So wish you success.
Reply
These youngians never seem to have patience...they want all the glory and fame at once.
Reply
Walentine ImranIshaq
fame and glory are not important, respect and gratitude ... yess! Only stereotypes
+1 Reply
thanks for sharing
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ImranIshaq SignalSwiss
SignalSwiss- You are well respected amongst the tradingview forum, by acting out in your comments it kind of alienates people. Keep up the good work, the appreciation will come naturally. Good Luck !
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Dear grgnr, we like to be honest and sincere, but if you think you were "threatened", I'm sorry and I apologize, I did not intention that. Having said that, I thank you for the time you have dedicated to me. You have a nice week and happy trading!
Reply
Good evening
I am afraid you are totally wrong taking things this way ...professional traders sharing ideas to new traders like you ...it takes time...work...and sometime a little appreciation is more than welcome :)
This world is fare from perfect and you should be happy to have access to most valuable analysis such as the one provided by SignalSwiss
I am a professional trader and i do enjoy and highly regard these analysis post ....i would like to thank Signal Swiss for the accuracy of the analysis.... it saves me a lot of time and allow me to make substantial profits
I do believe that the learning process you have to go through is all yours and SignalSwiss is not here to teach you anything.
i don't see any kind of threat and if this job is to stressful for you... maybe you should think doing something else.
Wishing you a successful trading career
Regards,
+1 Reply
SignalSwiss TOP AlexandreScaianski
Thank you for your comment Alexandre ....but especially ..for your time!
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I think that you were the only one accurate forecaster of this cable upmove! I did appreciated the accurate and up to date info along the way!
+1 Reply
prefect Hit :D
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