1.3815 at 12gmt is also a short on eurusd
attempting a short ion eurusd at 1.6414 with sl 1.6433
1.6415 AT 12:45GMT imho is a good short level now on gbpusd
I think you meant gbpusd. eurusd is @1.3765 as of now.
Had EUR/USD not had the short trade at the very top yesterday (18:00 gmt @ price level 1.3803) I would have reversed to long at 1.3749 today. However, since I see EURUSD as being bearish from yesterday I feel it will mimic AUDUSD and remain strongly bearish most likely until the very end of this week
at 1.6325 on the hour open I took half my GBP/USD prifts as the trade of the week is coming up on the next hour close above 1.6338 !!
I am waiting to see whether at this stage (16:21 gmt) a 1 min candle close above 1.3748 will trigger massive short reactions in the market in EURUSD
The short I will get when GBPUSD closes above 1.6338 on the 1 hr candle will have a TP of at least 144 pips according to my technical calculations. I also expect that a stop loss of 15 pips + spread should suffice from point of entry
Here we have it: GBPUSD short at 1.6340 at 19gmt
a 15 pip stop loss will hold I am quite sure
TP is an hour close below 1.6197
2nd short on gbpusd at 1.6340
3RD SHORT on gbpusd is 1.6350
last trade had a stop loss of 5 pips if you were keen enough to notice
I had a short on eurusd at 1.3752 at 21 gmt with a 15 pip stop loss
1.6348 at 2am gmt was the most recent short on GBPUSD
1.6348 -> short on GBPUSD
TP IS WELL below 1.6214. In fact it will be approximately 3 1hour candle closes below on GBPUSD
IT is likely that a short impulse has occurred on EURUSD at 1.3780 and on GBPUSD at 1.6331 - but these are not signals so beware.
I think we may have our 1st short now at 1.3787. It is less certain than usual but the SL is tiny at 1.3791 (a little more if your spread is more than 2)