Ichimoku_Trader

GBPUSD Monday Planning Chart...

FX:GBPUSD   British Pound/U.S. Dollar
1065 31 40
1. H1 Planning Charts are VALID FOR ONE SINGLE DAY
2. If H1 and H4 charts collide, then consider trading the H1 chart in the short term until the H4 chart requirements are completed.
3. If you are looking for a higher percentage of accuracy, then wait until both H1 and H4 align.
Comment: Notice that we are now at the bottom of the range..
Very dangerous place to be .. so please manage your position f you are in this pair
Comment: Also, an opportunity if you know how to trade it...
Comment: If you have bought at the bottom of the range, you are now running around ~130 pips profit
We are now at DPP so think of selling part of your position
Comment: If you did not join the move from the bottom, please do not do it now
Wait until we are back at one of the range limits .. from there we will see what happens and decide accordingly
Comment: Almost at the upper limit
The upper limit coincides with the WPP so once we are there, dump your full position and let's see what happens to decide on next steps .. that's about 175+ pips
Enjoy
Comment: here we go .. almost at the upper limit of the reange
Comment: This chart is no longer valid. i will update it tomorrow
in general can you tell when a range is exhausted? should you keep shorting the top and buying the bottom?
Reply
My strategy is as follows:
Once the market is ranging .. it will range forever
Once the market is trending .. it will trend forever

That way things are crystal clear
+2 Reply
rist Ichimoku_Trader
thank you for your insight
Reply
my pleasure
Reply
Shall i Buy?
Reply
Ichimoku_Trader tejavathanjithkumar
noooooo
+1 Reply
tejavathanjithkumar Ichimoku_Trader
THANK YOU
Reply
what should we do?
Reply
Ichimoku_Trader jimbolopez28
wait to see what happens
Reply
short gu?
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
中国
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out