Thanks for the warm welcome 
Ya, the pair still looks bullish in my opinion. Weāll see, so far itās good 
I just hope we donāt get one of those nasty surprises of a sudden sharp downside 
Hey,
no no, I mean this divergence on the long view:
Therefore, I think it is the last clear move in this trend. IĀ“ll watch from the sideline after that.
WeĀ“re in a retracement level 68.8++ā¦ You see my TP (green line on the pic) this is also a resistance level. And the GBP isnĀ“t that weak at all.
Where is your TP?
Sorry to interrupt, but donāt you see that MACD is giving you false signals, maybe? MACD shows divergence, even if thereās strong uptrend. Check more indicators to support your decision.
āA banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain.ā
-Mark Twain.
OK, thanks for your hint. I just a newbieā¦
Thanks!!!
Just advice, youāre free to do anything you want.
āA banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain.ā
-Mark Twain.
Iāve been watching that 0.815 resistance hoping to short there but price broke through. But that 0.815 failed to support the price and because of this some folks think this could be a start of a bearish move.
I kept that in mind when I opened this trade. Thatās why Iām not too ambitious with this one. Iām hoping to catch about 30 pips (or 28.8 in my case to be precise) my TP is only 0.813.
Some guys think because the resistance 0.8156 was broken briefly but could not hold as support we could be seeing a reversal. But I think the trend line (up) might hold here. Time will tell, I could be wrong.
Iām long today.
āA banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain.ā
-Mark Twain.
Hello,
did you see, that we have a similar situation, but inverted, in GBP/CHF?
I am short there :5:
Honestly, I avoid everything where Swiss Franc is involved.
āA banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain.ā
-Mark Twain.
TP reached. Current price 0.8132 :53:
Good luck with the rest of the trade
Congrats 
I let it runā¦ I have to practice patience, now :64:
Congrats, I was long today also, but exited much earlier.
āA banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain.ā
-Mark Twain.
moved my SL to 0,81
:27:
Hey I see this trade has treated you well. Congrats :35: We were right about our bullish outlook 
Letās see whatās the next move for this pair.
Yes, this was a good oneā¦ but I donĀ“t freak out. Only another one of thousands of trades
Now, I am flat and look for a new setup. What are your future prospects? Any idea?
maybe, I will trade the next pullback to the fibo-retrace of the last upmove. IĀ“ll go short, if the candles tell me :8:
done short order:
entry: 0,83119
SL: 0,834
TP: 0,82253
-Stochastic overbought
-Upper resistance of uptrendchanel
-TP at Fibo 50% and last high
-risk 0,5%
Daily:
Regards,
Jensen
I am also looking for another one.
You are right shorting on a pull back is good idea :33:
maybe it isnĀ“tā¦ but I am in with little risk and a tight SLā¦ lets see.
I would prefer to have a Ā“still bullishĀ“ situation after a pullback. But let the market tell us :44: