FX:GBPUSD   British Pound/U.S. Dollar
101 3 2
There's still legs in the Sterling rally. Confluence at 1.453-1.449 ought to protect 1.445 for another rotation to the upside (1.485 supply above).
Hi Keyser, good trade!!
I've been looking for someone who trades correction patterns. do you just enter on the breakout ?
Reply
Keyser Soze DerekUweri71
Hi, Derek. I generally trade the swings with the trend and pyramid up/down on structure tests. Was looking at the 1.453 confluence, as I mentioned, and traded the reaction off the 1 minute. I am actually looking for we dip once more to the TL support so I can add another lot or two, I see it correcting into NFP and bouncing from there tommorow (1.449 support area, 38.2% is at 1.447 now, too)
Reply
DerekUweri71 Keyser Soze
Hi Keyser, Thanks for your reply. I'm not sure I fully follow everything you said but I'll give it a bit of time to digest and maybe I will.
I tend to enter on the break out but I don't know if that's the most effective method.
Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out