FX:GBPUSD   British Pound/U.S. Dollar
11308 54 246
a year ago
GBPUSD             broke the down trend line ,made an impulsive up move and is now in a corrective structure.
Buying the break out of this structure for another up impulse seems like a good idea.

Trade with care.
a year ago
Comment:
snapshot
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oubba37
a year ago
thanks MR Anil good idea and have good day
+1 Reply
anilmangal TOP oubba37
a year ago
Thank you
+2 Reply
Mr. Anil, thanks to your webinars, I am waiting this break out to buy.
+1 Reply
anilmangal TOP bulent_akgul
a year ago
nice !!
+3 Reply
Amina66
a year ago
thanks for the post! :)
+1 Reply
anilmangal TOP Amina66
a year ago
you are welcome
+2 Reply
Amina66 anilmangal
a year ago
May I know what is the setting for MACD?
Reply
RaminPeroz Amina66
a year ago
he uses standard settings...
Reply
Wesual
a year ago
what is the TP and SL?
+1 Reply
anilmangal TOP Wesual
a year ago
Based on your strategy is.
+5 Reply
Guerrera
a year ago
Anil, how do you think GBPJPY has the same structure as GBPUSD?
snapshot
Reply
anilmangal TOP Guerrera
a year ago
similar
+4 Reply
Guerrera anilmangal
a year ago
Thank you! You give me confidence :)
+3 Reply
anilmangal TOP Guerrera
a year ago
:)
+4 Reply
nsingh
a year ago
Thank you for the update. Amazingly simple.
Reply
anilmangal TOP nsingh
a year ago
Always glad to help.
+2 Reply
robdavid1111
a year ago
Thanks for the great idea! Any idea for an amount to take profit? (I'm only a few months into this!)
Cheers
RD
+1 Reply
anilmangal TOP robdavid1111
a year ago
depends on if you are position trading or day trading, even if you are a new trader you MUST know what you are going to risk and what you will get. That means you must know where your stop is and where your target is. If you don't have a strategy then in my opinion you should not put money at risk( you can ignore my opinion.)
+4 Reply
Room722 robdavid1111
a year ago
At least 1.45-1.46 zone (look for the previous lows on Daily in April 2015). Good luck!
Reply
stream
a year ago
do you think that its better to not set up a buy . It not looks like going up right now

1.4382 rejected ,
Reply
On the lookout! thx!
+1 Reply
sumathidenward
a year ago
snapshot
Reply
mahmoodnoori
a year ago
Thanks anil .
+1 Reply
anilmangal TOP mahmoodnoori
a year ago
:)
+1 Reply
eniz1806
a year ago
i saw nice oppertunity on AUD/USD..for go up..there is nice correction doing right now..and it plenty of room go up.good luck
+1 Reply
All Innnnn, thats Lookksss really Perfect Set Up
+1 Reply
anilmangal TOP Paul-FXTC
a year ago
nice!!
+1 Reply
RaminPeroz
a year ago
looks like its happening now! any chance you're doing a weekly webinar this week ? thanks for sharing!
+1 Reply
FawadJawed
a year ago
all set to fly... good luck all traders :-)
+1 Reply
anilmangal TOP FawadJawed
a year ago
:)
+2 Reply
yam87
a year ago
Thanks Anil. I got in in 61% retrachment 1.1490 before hourly TL broken. Was it a valid entry?
Reply
RIZWAN-TRADINH
a year ago
entered for buy. hopefully i will hit the tp. thanks for the analysis anil. really helps a beginner
Reply
anilmangal TOP RIZWAN-TRADINH
a year ago
:)
+1 Reply
Nice Chart Mr. Anil...great analysis!
+1 Reply
anilmangal TOP OffTheFloorTrader
a year ago
Thanks
+1 Reply
adloule
a year ago
hi Anil,
i have a problem with the entry, when price break the correctional trend, what's better, we enter a position :
1/ just after the candle close, but what if the price go back the other direction
2/ or we wait the price to retest the trend, but what if the price never retest; we would loose the opportunity
Reply
Jaegher
a year ago
great chart and insight as always. Thank you anil. more blessing to come for you. :)
+1 Reply
marcus123
a year ago
Another great set-up; analysis. thanks again...
+1 Reply
Great call Anil!
+1 Reply
ard108
a year ago
it seems the gbpusd and the usdcad are 2 pairs that move in exactly opposite directions
+1 Reply
FawadJawed ard108
a year ago
thats true.. i noticed the same lol.. also GBPUSD and GBPJPY move in same direction n have similar structures ;-)
+1 Reply
dagelf
a year ago
Nice.
+1 Reply
Karbon PRO
a year ago
Perfect!!
+1 Reply
seavniv
a year ago
Thanks you Mr. Anil for your great setup :) . can i join your webinars next time? . please give me link . thanks in advance
+1 Reply
Funny_Jasper
a year ago
GBPUSD

I agreed with you Sir, For demand supply trade set up, I also looking to buy at break out.
Reply
JonnyLA
a year ago
Great trade, excellent work Anil.
+1 Reply
Lindsay PRO
a year ago
Spot on Anil
+1 Reply
itahirmasood
a year ago
First comment say thanks!! :)
+1 Reply
FawadJawed
a year ago
Nice update ANIL it looks going much higher from here.. same is the pattern forming in GBPJPY
+1 Reply
AndyM PRO
a year ago
Not yet time to buy, still one more swing low in the next couple of weeks.
+2 Reply
FawadJawed AndyM
a year ago
time to buy now
Reply
FawadJawed
a year ago
Its the time to buy nw
Reply
FawadJawed
a year ago
Can some one update on this pair ? Is it consolidation and giving buying chance again or not ? Thanks
Reply
mazer_rackham
11 months ago
how do you determine where to place your stop on this trade - when you bought the impulse breakout at 1/26 14:00 on your chart?
Reply
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