Morning All. Lets have another good day.
By the looks of things the markets are still the same since the last 4 hour candle. Just a slight decrease.
I expect the markets to go crazy between 2pm-6pm UK time.
Bad data from the US and the euro falls… market is moving on its own accord
we may likely sell gbpusd at the close of this 4 hours chart
trade 25 sell gbpusd now or sell gbpusd at 1.50790
stops= 55pips
targets= 200pips
risk 2% here
[QUOTE=“Horlique2;508302”]trade 25 sell gbpusd now or sell gbpusd at 1.50790
stops= 55pips
targets= 200pips
risk 2% here[/QUOTE]
What’s your reasoning for this trade?
are u in trade 25; sell gbpusd?
We missed a sell position in NZD/USD about 9 hours before. It was a good movement!
its was not a good entry cos price was outside the trading range
It seems to test the 1.51 area…
[QUOTE=“Horlique2;508313”]
are u in trade 25; sell gbpusd?[/QUOTE]
Yes I’m in that one.
Gu lost…
Can’t have, I’m at break even point.
Me too …
I exited this trade when I saw profit. My reason being it is directly on the trendline that it broke yesterday and has been above it since.
I think this will SL soon.
Now it seems to be dangerous to have this position! 4H isn’t confirming sell! I closed my positions.
It is going for the 38.2 fib level at 1.51690
I see a trade opportunity have tested it but not sure. USDJPY is currently trying to cross under 55 moving average on day 1 chart. Is this a possible trade opportunity or invalid? I have bought at 98.70 and am currently in 4.3 pips profit
the trade was a good setup i lost too; well we have to wait till the daily candle close. Cos yesterdays market’s madness is going on till today. I thought the crazy behaviour of the markets was over.