hello traders.look at the chart from high time frame first.in weekly you can see choch and in daily time we are in downside.now look at the 4hr time frame.
price took the liquidity and fill the fvg area and we are in downtrend in 4hr too.so everything is ready for sell setup.for entry we should look for confirmation in small time frame?what is your...
On the economic front, the Bureau of Labor Statistics will release the consumer price index for September, which is forecast to increase 0.3% in both headline and core CPI, compared to the post-pandemic peak figures from September. 2022. The Federal Open Market Committee is scheduled to release minutes from its mid-September monetary policy meeting on Wednesday....
hello traders.in this pair ,price touched the supply zone in daily before.as you see in 4hr this channel broke and also we had a price range in 1hr that broken.so we can waiting for confirmation in pullback around FVG area for our sell entry.
r:r 1:73
⚡️GBP/USD posted small gains last week as the British Pound attempted to resilient against its rivals on the hawkish Bank of England (BoE). However, the pair still stands strong to start the week as investors refrain from taking large positions ahead of important data releases and events.
⚡️After data from the UK revealed last week that wage inflation remained...
Hey Traders,
So the pound is going for a third hit in quick succession on a prev resistance zone. UK GDP news today did little to move anything at all and did not come at a suprise like the last inflation report and reaction from the UK Central Bank BOE..
WHY? Because there is no major downside sentiment whacking it down. That's why. Markets need impetus to make...
Hey Guys, When looking at the pound rebound you are going to need to understand the natural sequence and move of any market.
Markets pull back and you'll need to be in when there is room. It is no good trying to squeeze a desperate trade in at the end of 4 months of upmove and hoping for the best...
If you are buying highs you naturally trade against key market...
GBP has slowed due to slow MKT sentiment.
This leaves you in the position to act simply on LOCAL PA.
Drop the size for Longs because you have a significantly higher price.
Any moves to the north KEY Resistance will take Light shorts.
Trade safe and Trade small.
So as many of you will know I often mention exiting the market in stages...
This is because market moves often happen in stages.
It is vital for Exits and entries.
Watch on for more.
GJ is on an uptrend on the weekly time frame within an ascending channel
On the daily timeframe - GJ is pulling back from highs and is trending down
3 Trades Ideas for GBPJPY
1. Bullish bias - If price rejects the previous resistance level @ 152.30 and past 153.30 (previous highs) then we would see a break of the downtrend structure and expect price to...
Hi Guys, let’s make a full top-down analysis of this pair, we will take the trade if all the condition of the strategies are satisfied. Press like button to support this video and let me know in the comment section if you have any questions.
British Pound Declines with Brexit Denial
Uneasy predictions from last week came to life as the British pound fell against its competitors.
UK Prime Minister Boris Johnson paused the Brexit legislation when the House of Commons rejected his government’s timetable. Johnson then threatened to throw out the deal if legislators dismiss his plans to withdraw by...
I really think GBPUSD is set to go long! Regardless of the whole Brexit deal going on. I really see a lot room for bullish activity on this pair. I can see some support being built up and some bearish trend lines have been broken. Overall this pair still has the potential for going down a little further.
Money management will be a key factor here. Because you...
