My tradeview on GBPUSD TODAY, please apply proper risk management when taking any trade. Thank you
Once price drops into the yellow area and prints a double bottom pattern or wick rejection, we buy. Let price action guide your entry
Price reached key resistance #1 and currently holding below it. H4 bearish hidden divergence. H1 bearish regular divergence. Looking for continuation lower. If the first level marked on the chart doesn't hold, i will look for sell opportunities at the next key resistance above.
Overall Pound retains its bullish trend against the greenback and in light of the current Short term & Medium term bull trend we will look to buy the dips. On H1 & H4 there is one setup that I have pointed out that looks good in the pre-market analysis. Lets see how it turns out. Long @ 1.3900 Targets @ 1.4030, 1.4100 & 1.4330 Stops @ 1.3830
In this video i go through the chart and my personal experience with the GBP and how it affected my life negatively in 2007 (first drop got me out of real estate) and positively during the Brexit (I got my money back, thank you trading). Today will be a volatile session for pound sterling, trade with care people.
Brush up on my prop accounts and whats going on with the dollar
Hi Guys - Do not take this as trading advice, Its only my thoughts on the market and what I see pre-results for the elections. Remember to follow me if you like the content Cheers
A little more detail via video analysis summarizing cable and potential upside moves as long as we are sitting above that key psychological 1.30 handle, not just a whole number, a more significant zone than that, multiple confluences stacking up here too which is great.
GBPUSD is printing a failure setup at the previous 1HR Structural Point This makes our trade easy. Buy Above the structure, Sell below the structure. This now left us with the simple task of defining a trend. Up or Down from a lower timeframe. Sell is the High probability trade!
We're simply looking at the difference between two stimulus regimes. With the BoE indicating that there would be a cap to stimulus, whilst the Fed earlier last week pretty much took a 'whatever it takes' stance, the longer term differential in narrative was created. Whether that sustains is a different story, since context can change rapidly, but intraday, those...
Hi Traders, last week failure at 1,25 opening possibilities for 1,20 retest with possible intraday demand around 1,22 Im looking to sell rallies, Please watch video for more details Happy Trading
The Coronavirus keeps spreading, weakening Aussie despite the upbeat jobs numbers as markets take a less risky approach to the heightening threat. Technicals indicate that Aussie and Euro move hand to hand, with the former falling following a ‘holding’ ECB! Now both are corrective and at a trendline low! Pound, on the other hand, does relatively well as rate cut...
The BOJ held interest rates unchanged overnight, however, the policymakers decided to push 2020's growth forecast up on the back of the sales tax introduced back in October. Yen was supported overnight, offering some USDJPY shorts. Markets wait for the UK’s jobs numbers and also EA’s ZEW release to find intraday opportunities of GBPUSD and EURUSD. Meanwhile,...
Traders, Cable is making a very nice bearish turn, so be aware of more downside after a corrective rally in three waves. Get full details in our video. Please like and leave us a comment below. thank you. GH
China announced they will be lowering tariffs on a number of items come January 1st, making markets looking more festive ahead of Christmas! Aussie and Kiwi took the headlines with a positive tone, however, Cable kept entering lower territories on the back on post-election no-deal fears! Will the Santa rally continue? Have a look at our Elliott Wave analysis...
In today’s market insights I talk about YouGov’s MRP (multi-level regression and post-stratification) poll and how predicting UK’s vote share with 93% accuracy in the past supports the British Pound! Aside from politics potentially moving the UK markets today, we have important GDP data coming out from Canada too. And this is likely to affect loonie. The...
In today’s market insights video recording I talk about the pound rally and how the cable is likely to perform now that polls show a comfortable Tory lead! I also explain why #Aussie isn’t moving higher while risk-on mood increases high-beta bets amid the latest #tradewar headlines that a deal is indeed possible before Christmas! What are markets waiting for?...