tntsunrise
Long

GBPUSD Buying opportunity.

FX:GBPUSD   British Pound/U.S. Dollar
LONG GBPUSD             NOW

Trend line support

touched important structure.

SL below 1.2140

Aim for 1. 2300             and 1.2400

Calculate your position size before you enter the trade.
Comment: NOW IS 1.2480
Price break up the tri-angle as expected
Comment: Price went up to 1.2550
Good profit
Comment:
snapshot
Trade closed: target reached: Trade closed at 1.26 BIG WINNER
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Not for me...will keep selling the rallies :)
+5 Reply
tntsunrise TOP livethedream
good luck
+5 Reply
livethedream tntsunrise
thanks..you too :)
+1 Reply
tntsunrise TOP livethedream
how is your short? now is above 1.25, i hope u exit your short trade early.
+3 Reply
livethedream tntsunrise
I was just shorting all rallies previous few weeks which was very profitable as I only day trade so use 20 pip s/l with 60 point t/p. So this week shorted Monday/Tuesday with same s/l and t/p but could see things changing Thursday morning so just observed the big move up and the court ruling on Brexit fuelled this move far higher than than expected. Having seen the size of stop required to stay in though, I probably made more in terms of risk/reward ( as I make 3 x times my risk all in and had 2 wins off the back of this ) early week. ...but all kudos to you for the call..hope you stayed in as I noticed many got stopped out...but if you made the full 340 pips available...congrats :)
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MacGuy93 livethedream
haha roasted.
+1 Reply
Me or him? Have the greatest respect for Jack, so I certainly wasn't aiming it as put down (and as I said my week was very profitable regardless of the pound move up) ...but don't like to see anyone following trade ideas blindly which does happen a lot on Tradingview and I do see a lot of followers getting stopped on trades which then stay open for weeks and eventually come good ...of course this is perfectly possible as long as stops are wide enough or traders savvy enough to get back in on original idea:)
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Thanks, I am of the same opinion
+3 Reply
Long term sill SHORT, isnt it for GBP? Dont you believe it will try re-test the "flash crash" low? Thanks!
+2 Reply
if i want to short, i will choose to wait 1.24
+2 Reply
ForexEZ tntsunrise
Thanks!
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im in at the 5 min pinbar, kinda scary too but like the old saying goes no pain no gain!
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Good trade

i m already in
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mmm...good trade..really
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Thanks,Jack!
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watsonzou26 watsonzou26
I did "buy stop" at 1.2252 for breaking up buy, it seems like a bad trade. This kind of style trading seems no good for me, my 2 cents thought.

Adding my position. It seems like no too strong R above.
+2 Reply
No way! Against the trend
+1 Reply
suty sor_jus
I do not see there is no longer a trend, and other fundamentals are clear for long
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Trend can be changed and there is a strategy called , counter trend trade.
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thanks. let s see how this will go!
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Thanks for a heads-up. Looks good.
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I AM TOTALLY CONFUSED. WHERE IS HE GOING ? UP OR DOWN
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TussToGo FreddieDEMajunga
based on his analysis its going up but if you have different view don't trade.
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tntsunrise TOP FreddieDEMajunga
LONG Means Buy. check investopedia
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This is good! I'm on it and taking profit. Thanks!!
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Nonsense...there were no profits
+1 Reply
TussToGo livethedream
well there's no profit for you. it doesn't mean you need to follow all written above. make your own decision and have a strategy. this is only a guide. don't fool your self
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Presumably your stop loss was larger than some other followers who only put it just below 1.2140. However, I I have taken profits by selling each rally rather than looking to catch a turn. I comment as I see it. Too many followers follow traders blindly. My strategy includes sentiment+fundamentals +technical. Tntsunrise uses ONLY technicals. Yes, he does get some turns right, eventually... and his strategies are good from a technical point of view, especially if a trend is established. But I have seen, purely from the post of some followers, that too many follow his suggestions with zero idea of what they are actually doing and will defend his every decision even if it is a high risk trade.
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SL hit
+4 Reply
clear downtrend let see any reversal
+3 Reply
Gbprider Gbprider
loss is part of the forex :)
+1 Reply
SL Hit
+5 Reply
Touch stop loss ready !!!!!
+4 Reply
its only sell
GBPUSD under pressure
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Ooops GBP Manipulators as usual, still great for the quick bounce
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Reversal is very near around 1.2080 area. Those who still hold the position ( like me ) be prepared to add more long orders with the reversal candle around 1.2080 region. Stay Tuned
+1 Reply
tntsunrise TOP MassivePips
great job
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StcohRSI oversold, wait for MACD reversal signal. Wait for the next candle to form in next hour. If MACD signals for reversal, Go for Long again. Cheers...
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MassivePips MassivePips
If you still scared to do so, wait for the Federal Advanced GDP report in next 45 minutes
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Gbprider MassivePips
reversal ? i dont think so it will drop after us news release
+1 Reply
MassivePips Gbprider
Check the technical indicators and take the decision. Following Fundamentals only will not give the clear picture.
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Gbprider MassivePips
us has good data so sell will be good option
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MassivePips Gbprider
For a Good trade setup, Fundamental, Technical and Sentiment Analysis, all three are really important.
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Gbprider MassivePips
agreed ;)
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livethedream MassivePips
Wise words...traders who ignore sentiment/fundementals by only using only technical are making it difficult for themselves. Bank traders use technicals as well but always have an eye on big picture re: sentiment/fundementals :)
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MassivePips MassivePips
2nd Long position @ 1.2115, currently 60pips profit
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MassivePips MassivePips
There will be slight reversal around 1.22 area. For day trading, close the position by adjusting the Trailing stop. Wait for next week for new trade setup. Cheers ...
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Gbprider MassivePips
1.22 not today already falling
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MassivePips Gbprider
As I mentioned last week around 1.22 there will be a slight reversal. you can see the results now. It may fall back to 1.213 area. Stay tuned for the breakup

snapshot

+1 Reply
tntsunrise is really good trader. trading with low risk is always profitable with tntsunrise. If you want to be rich in a night its not possible.
following tntsunrise with low risk is always profitable.
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How would you know...you only joined tradingview 7 days ago?
+2 Reply
tipua411 livethedream
i am following him from 2 months. this id is new one.
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Stop does not seem to have been "officially" hit. Trade note with chart said stop below 1.2140 and low was 1.2114. That's a big stop trying to catch a "bottom" with all sentiment/fundamentals against this. Entry was circa 1.2180 at time of note. I was only selling rallies last week so dip was profitable for me. However regarding this £ long there may be a bounce from here next week as we move into new month and triangle now being tested for possible breakout. If this works, this should be classed as a new trade.
+1 Reply
Jack i closed my long postion at 1.2420, then i shorted at 1.244 but stopped out. Would you short this later or u just hold partial position till the reversal signal come?
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I will short when it pull back to 1.26
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Sell time? :D
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An other great setup, NICE !
Took GBPAUD but not this one, thanks for sharing!
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But it has already hit the SL two times sir. But also hit the target later...
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as long as u understand what I draw in the chart. the key thing is the tri-angle break out.
u will catch this trade.
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Great prediction!!

Nobody expected what happened today in UK "Brexit court defeat for UK government" http://www.bbc.com/news/uk-politics-37857785
+1 Reply
Thank you for the great pips, tntsunrise
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Great call.
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tntsunrise: I don't know how you do it but you do it great! Thanks!
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Your trades are just IMPRESSIVE!!!
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Too niu!
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wonderful job again.
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Sir waiting for a new idea for gbp/usd
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