GBPUSD - INTERESTING LONG PROFITS

١٣ يونيو ٢٠٢١

There's a great deal of uncertainty this week driven by various UK metrics, the G7, FOMC meeting and quadruple witching, so I'm expecting to see continued DXYdollar strength in the very short term. I'll be looking for an entry signal at 1.4 with targets up at 1.425 and above.

١٤ يونيو ٢٠٢١

تم فتح الصفقة

Entry at 1.41

١٤ يونيو ٢٠٢١

ملاحظة

I'm expecting this to pull back to 1.4036 at some point. The GBPJPY trade has already shot off like a rocket, lots of bull power in that one, but not FOMC to worry about. Keep your eyes on the DXY and how that is performing

١٥ يونيو ٢٠٢١

ملاحظة

As expected a pullback to 1.4036, so I added another position

١٦ يونيو ٢٠٢١

ملاحظة

We're now into the important 1.40 zone, let's see what happens

١٧ يونيو ٢٠٢١

أغلقت الصفقة: تم الوصول لوقف الخسارة

٢١ يونيو ٢٠٢١

ملاحظة

Obviously, this and all other assets moved much more than was expected post FOMC meeting, and it was an overreaction if you ask me, so now is the time to wait for price action triggers to confirm support and resistance areas, focus on the weekly, daily charts and only go below to 4H and 1h to confirm those areas.

٢٣ يونيو ٢٠٢١

ملاحظة

As you can see the support and resistance zones are doing their jobs perfectly, wait for a pull back between 1.38 and 1.39 to get an entry, this is a long term bull market, we are always a buyer on the daily chart

٣٠ يونيو ٢٠٢١

ملاحظة

The DXY is strong right now, so this is not a trade we're looking at

٣٠ يونيو ٢٠٢١

ملاحظة

I'm actually short this pair now