mleader1

mleader1

Need some juice for a short bank holiday

mleader1

I look for buying for the next 1-2days. there's still room to move up within current trend line (weekly resistance around 134.157)

mleader1 Updated 

order already activated and in profit. good luck

mleader1 Updated 

You can raise the SL to 1.4180 which is safer.

mleader1

it may not be activated but will see

mleader1

trend lines are drawn from daily which shouldn't break as DXY is now at its bottom of many years.

mleader1

small risk free setup, may not be activated.

mleader1 Updated 

It's a simple setup based on possibility of DXY going up. dollar may also have a potential to jump significantly, and if that really happens - GBP can sink all the way back to 1.4 or even below given the additional negative news already floating (COVID variant etc.) - I'm not a news trader but I think a weekend can change a lot so I'd put this factor into my...

mleader1

DO NOT FOLLOW as I never traded EUR/JPY before so this is test run (real trade though). it's certainly formed bearish sign so I'd like to see the market react to confirm the pattern. However, EU news will come out sooner than US & Japan, given the fact of the on-going dollar pressure, I think there's be a limit of the drop, or maybe even a bounce around the...

mleader1

Note: I'm not trading DXY but use it to analyse other pairs. 1D TF is showing a dangerous consolidation periods which may last for another few days, after which, it could be either a golden cross or death cross formation that leads to another significant dive or a pleasant welcome back up for the dollar. It's in a psychological range around 90.000 so as long...

mleader1 Updated 

Yes I want to short again.... Today's crazy rocket rise really did give me a heart attack, I don't think the news give such a kick, rather like MM used the news as a key factor to trigger their profit making move (based on retail investor us reaction obviously). I broke my promise but this index has just been so volatile that I decided to put in another trade...

mleader1 Updated 

should be able to drop a tiny bit more. try catch it. After that I think it should go up - 4h. Don't follow as I'm only testing out GBPUSD, only 0.1 lot in it. risk free. mini short trade 1 and long trade 2 are both set up; trade 1 should either be stopped out or complete in the next few hours; trade 2 will close by Friday regardless. 4h cup, 1 d...

mleader1 Updated 

Today's pushing down and bouncing back up went well as planed, which didn't break the newly formed 4h downtrend line. Given the fact the general bearish moment of all major markets, the bounce doesn't convince me an immediate resume of the uptrend movements so I feel it may go down once again --- if it doesn't break 13300 - 13310. (I set my SL 13302.5) Going...

mleader1 Updated 

Note - again do not follow unless with comfortable equity size and tight SL. Check the RSI - it's not a safe journey.... but worth the risk. Highly possibly a huge drop with market opens.

mleader1 Updated 

Cup & handle pattern, not sure whether the handle is there, but drawing 4hr trend line considering today's drop and the handle formation, further up should happen late this week or next week. so before it hits higher than 1.4250, I expect it a little dive to 1.4100 or even 1.4000 - the deeper it gets, the higher sooner it will reach. Just my idea.

mleader1 Updated 

unusual steep rise, high risk so tight SL considered. Long trade 1 as it still have a tiny room left reaching to the upper trend line; Short trade 2 will only be executed if trade 1 succeed. Trade 3 for fun... have fun

mleader1 Updated 

Trade 1 can be immediate after market open, trade 2 to be taken only if trade1 goes as planned and no breaking negative news (possible COVID) or other factors jump in. May deemed to be a weak month for GBP, will it happen again this year?..... 2 weeks to go. Finger cross next week down and up, and week after up and down...

mleader1 Updated 

Don't follow as I think the trend should be up. I'm willing to risk this setup because I'm still holding some losing trades. It seems still possible to go down for some decent pips (trade not in pending order - will wait) :) . Watch range 13400 - 13450 to confirm possibility. Again, don't follow unless you have a comfortable equity size and made your own decision.