AcademyInvestment
Long

GBP/USD BOUNCE trade LONG

FX:GBPUSD   British Pound / U.S. Dollar
As we can see we do have channel on D1/H4. And now we are waiting comformation of bounce of support bottom. There is also chance that we wont get bounce to the upsite also! Major trend is bearish so better safe then sorry. Better to enter little bit more late then to fast. Pro traders are patient, amature are not ;)!!!

Normal entry (H1) - Simply wait 123 (= ABC )on H1 above EMA 36 + trendline break and enter when we will get a break CLOSE ABOVE of 23 line with good candle.

Conservative entry (H1 -> M5) - Simply wait 123 (= ABC )on H1 above EMA 36 + trendline break and watch for w a break CLOSE ABOVE of 23 line with good candle ->>> then switch to M5 and find another 123 after H1. You will have to be fast to get that M5 123

Agressive entry (M15) - Simply enter after valid 123 above EMA 200

Stops :
1. Below channel (safer)
2. Below point 3 ( risking little but easier to get stopped)

Targets:
Targets are split into 3 parts.
1. target 1 : 1 (SL : TP)
2. S/R line (watch chart)
3. Trail it as much as possible

Best regards
A.i.
If anyone want analysis for any pair let me know!
Reply
peter.eckl.351 AcademyInvestment
What about a carry trade NZDCHF long
Reply
AcademyInvestment peter.eckl.351
It is preparing for long yes. If you are already in i would say you entered very agressive :)
Reply
peter.eckl.351 AcademyInvestment
Is there a way to get more Information how you trade. How you interprete your 4EMAs in general and which additional data you use (e. g. Cot). Would be great if you could give me some deeper insight. Thanx
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out