FX:GBPUSD   British Pound/U.S. Dollar
11307 54 246
10 months 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.
10 months ago
Comment:
snapshot
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oubba37
10 months ago
thanks MR Anil good idea and have good day
+1 Reply
anilmangal TOP oubba37
10 months ago
Thank you
+2 Reply
bulent_akgul PRO
10 months ago
Mr. Anil, thanks to your webinars, I am waiting this break out to buy.
+1 Reply
anilmangal TOP bulent_akgul
10 months ago
nice !!
+3 Reply
Amina66
10 months ago
thanks for the post! :)
+1 Reply
anilmangal TOP Amina66
10 months ago
you are welcome
+2 Reply
Amina66 anilmangal
10 months ago
May I know what is the setting for MACD?
Reply
RaminPeroz Amina66
10 months ago
he uses standard settings...
Reply
Wesual
10 months ago
what is the TP and SL?
+1 Reply
anilmangal TOP Wesual
10 months ago
Based on your strategy is.
+5 Reply
Guerrera
10 months ago
Anil, how do you think GBPJPY has the same structure as GBPUSD?
snapshot
Reply
anilmangal TOP Guerrera
10 months ago
similar
+4 Reply
Guerrera anilmangal
10 months ago
Thank you! You give me confidence :)
+3 Reply
anilmangal TOP Guerrera
10 months ago
:)
+4 Reply
nsingh
10 months ago
Thank you for the update. Amazingly simple.
Reply
anilmangal TOP nsingh
10 months ago
Always glad to help.
+2 Reply
robdavid1111
10 months 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
10 months 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
10 months ago
At least 1.45-1.46 zone (look for the previous lows on Daily in April 2015). Good luck!
Reply
stream
10 months 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
ananora23 PRO
10 months ago
On the lookout! thx!
+1 Reply
sumathidenward
10 months ago
snapshot
Reply
mahmoodnoori
10 months ago
Thanks anil .
+1 Reply
anilmangal TOP mahmoodnoori
10 months ago
:)
+1 Reply
eniz1806
10 months 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
Paul-FXTC PRO
10 months ago
All Innnnn, thats Lookksss really Perfect Set Up
+1 Reply
anilmangal TOP Paul-FXTC
10 months ago
nice!!
+1 Reply
RaminPeroz
10 months ago
looks like its happening now! any chance you're doing a weekly webinar this week ? thanks for sharing!
+1 Reply
FawadJawed
10 months ago
all set to fly... good luck all traders :-)
+1 Reply
anilmangal TOP FawadJawed
10 months ago
:)
+2 Reply
yam87
10 months ago
Thanks Anil. I got in in 61% retrachment 1.1490 before hourly TL broken. Was it a valid entry?
Reply
RIZWAN-TRADINH
10 months ago
entered for buy. hopefully i will hit the tp. thanks for the analysis anil. really helps a beginner
Reply
anilmangal TOP RIZWAN-TRADINH
10 months ago
:)
+1 Reply
OffTheFloorTrader
10 months ago
Nice Chart Mr. Anil...great analysis!
+1 Reply
anilmangal TOP OffTheFloorTrader
10 months ago
Thanks
+1 Reply
adloule
10 months 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
10 months ago
great chart and insight as always. Thank you anil. more blessing to come for you. :)
+1 Reply
marcus123
10 months ago
Another great set-up; analysis. thanks again...
+1 Reply
nomorepipsforme
10 months ago
Great call Anil!
+1 Reply
ard108
10 months ago
it seems the gbpusd and the usdcad are 2 pairs that move in exactly opposite directions
+1 Reply
FawadJawed ard108
10 months ago
thats true.. i noticed the same lol.. also GBPUSD and GBPJPY move in same direction n have similar structures ;-)
+1 Reply
dagelf
10 months ago
Nice.
+1 Reply
Karbon PRO
10 months ago
Perfect!!
+1 Reply
seavniv
10 months 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
10 months ago
GBPUSD

I agreed with you Sir, For demand supply trade set up, I also looking to buy at break out.
Reply
JonnyLA
10 months ago
Great trade, excellent work Anil.
+1 Reply
Lindsay PRO
10 months ago
Spot on Anil
+1 Reply
itahirmasood
10 months ago
First comment say thanks!! :)
+1 Reply
FawadJawed
10 months ago
Nice update ANIL it looks going much higher from here.. same is the pattern forming in GBPJPY
+1 Reply
AndyM PRO
10 months ago
Not yet time to buy, still one more swing low in the next couple of weeks.
+2 Reply
FawadJawed AndyM
10 months ago
time to buy now
Reply
FawadJawed
10 months ago
Its the time to buy nw
Reply
FawadJawed
10 months ago
Can some one update on this pair ? Is it consolidation and giving buying chance again or not ? Thanks
Reply
mazer_rackham
9 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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