Banks are accumulating Long positions

١٦ يوليو ٢٠١٩

GBPUSD has droped again to the bottom of the wedge channel. As I mentioned in my weekly video analysis.
WATCH IT HERE AND FOLLOW ME WEEKLY CFTC UPDATES

The banks has started accumulation longs in the last 3 weeks. And they had extreme shorts positions which they have to close. where they closing shorts on the bottoms always. There we are now. Another thing is that today is Tuesday the day when they will report the positions so they will hold the longs overnight to report big shorts which will confuse many traders. I expect since tomorrow the GBP will be strong,

Please share your views, visit my website and check live results. Links are in the signature.

١٦ يوليو ٢٠١٩

ملاحظة

١٧ يوليو ٢٠١٩

تم فتح الصفقة

New Trade 117
GPBUSD Buy around 1.24
SL1.23415
TP 1 1.251
TP 2 1.266

Risk max 1-1.5% per trade by adjusting the position size.'
Pips risk distance is around 80 pips.

١٧ يوليو ٢٠١٩

ملاحظة

GBPUSD
Look how was the price maintained on the fake support than on the Frankfurt open price dropped down to the liquidity = stop losses and now its quickly moving up. We will possibly see move up from here after the liquidity reloaded. lets see.

١٧ يوليو ٢٠١٩

ملاحظة

Now these articles being released

Investing dot com UK
Pound Could Plunge to Parity Against Dollar on a No-Deal Brexit

Bloomberg Markets
The pound may fall to parity with the dollar on a no-deal Brexit, according to Morgan Stanley

Why?? because the banks wants you to Sell so they can buy.

١٧ يوليو ٢٠١٩

ملاحظة

Momentum is growing


As explained in my stop hunt educational post after stop hunt momentum is fastest.

١٨ يوليو ٢٠١٩

ملاحظة

Nice momentum is rising

١٨ يوليو ٢٠١٩

ملاحظة

Take profit 1 reached move SL to BE