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ramin_trader2006
Jan 11, 2022 1:46 PM

dont fear put buystop on today high on gbpusd  Long

British Pound/U.S. DollarFXCM

Description

sl= last low or today low ,,,, wait time=min 15 day ,,,, target1=sma200 daily ,,,,, target2=green fibo 100%

if you have old sell , 100% put sl (or hedge buystop) on today high
break high+trend line 90% will start wild + trend to minimum sma200 daily
technical say gbpusd target is fibo 161% = 1.42000 !!!!!!!!!! understand?

so we advice dont pick sell signals this year,90% looking for buy in deep

good luck
Comments
niteshsingh25
what should be TP ??
ramin_trader2006
@niteshsingh25, tp= 1.38000 move sl to open price and wait 8 day , let it go
niteshsingh25
@ramin_trader2006, possibility of hitting 1.42544 or breaking it??
ramin_trader2006
@niteshsingh25, technical say gbpusd target is fibo 161% = 1.42000
niteshsingh25
@ramin_trader2006, Thank you ,Appreciate it
HelpWoody
Hi.
Happy new year. Thanks again for last year
Colin
ramin_trader2006
@HelpWoody, personaly i am dax then gold trader
i hate forex and all currency from 14 years ago , so i advice work on gold (buy side only)
TK_71
USD shouldn’t t be going to be strong soon due to interest hike?
ramin_trader2006
@TK_71, if you check 2009 increase rate , it not effect too much on markets

increase rate can reduce inflation , it can move index like dow dax even gold going upper

please exactly check 2008-2009 crash + rate hike and effect on eurusd gold and dow
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