FX:GBPUSD   British Pound/U.S. Dollar
599 7 0
After some more review, I believe GBP will go much higher before hitting a turning pointing in late Sept. Euro/USD should also continue it's movement up.
In my trade plan, I will watch PA @ 1.6030 LVL in m5 chart, if I get 25-30 pip SL trade then its go for me(Selling opportunity), if stopped out then will re-try @ 1.6170 LVL (again 25-30 pip SL trade) if stopped out @ that LVL too then I wont attempt any more shots above that LVL. Then price has to turn south first for 100-200 pips then I get on that trade. Just my plan as of this week trading. Waiting for market open, FOMC, QE tempering, German elections & many more. Happy trading week ahead bro! Many green pips & load of $$$ to you. Cheers!
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With the volatility over Asia, I prefer your previous gbpusd analysis, if only to rectify gap situation. alos, take a look at this ;0)
Interesting fib activity

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have almost the same idea
snapshot
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Yup, looking good!
-1 Reply
why it is closed?/
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99nines Nickmail
bullish call... closed at TP... i havent updated the bearish call.. yet (the down move is not calculated I just knew it should move down after hitting the TP,
-1 Reply
Deus 99nines
remarkable
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