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This is my trading result. in Pips.
NZDUSD and AUDUSD and GBPUSD more than 100 pips.
The TP is my final target, but I may close the profit trades to secure winning, even before TP reached.
Leave a CommentNext week possible entries:
I am still agree with this EURUSD Sell, NZDUSD Sell and AUDUSD Sell and EURGBP Sell. I think this currency are still performing well for long term downtrend.
For GBPUSD now it is on double top. the last movement it might be a down movement, but still not confirmed yet. I may leave GBP a while
USDCAD was interrupted its bullishness after Bank Of Canada meeting. The strength of CAD has showed (Downtred of USDCAD), but still not confirm who will win if fought with USD. I will leave USDCAD aside at the moment.
I prefer to have currency with strong + weak combination, for the maximum outcome.
EURCAD might be one of the candidate. EUR Weak, and CAD Strong.
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Sell GBPUSD at 1.4448
SL 1.4489
TP 1.4168
The NFP nonfarm payroll is actually bad, but the USD is still strengthening.
Leave a CommentSell trade starts at 1.5210 SL 1.5240. Final TP 1.5042. You can set several TPs for it.
Looking at weekly charts, it is showing that Potential Major Reversal may has taken place.
The currency NZUDUSD, AUDUSD, GBPUSD shows a bull pattern. USDCAD & USDJPY shows bearish started. EURUSD is still in correction, and soon Bull will win the race.
It is a time for USD weaknesses
Leave a CommentThis week is a FOMC week, so the market will be strong. Expectation as always to USD going strong. So we prefer to stay with Sell GBPUSD. Right now it is in profit 66 pips. The Stop Loss is only 40 pips.
GBPUSD has showed a double top in H4, and the down trend has started in H4.
Currently, there is a correction in H1. But it might be not late for you.
However you can entry if it could broke price level 1.5264 (EP) in H1 with stop loss around 1.5295 (SL). Then Hoping it down to 1.5150 (TP)
ONLY IF IT BROKE 1.5264, the DOWN Sell is valid.
Last update on this, I trade was not triggered. Always put a way for price wrong direction than what we thought it might be. The price is moving up now, but none of my pending orders was triggered.
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