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- biodunola07 replied Apr 19, 2024
I hope you made few pips from ur long positions before it traded down . As for me , I stay put on my short positions on gu as long as DXY stays above 106.00 area. The upward correction on gu today has no effect at all on my positions because I could ...
- biodunola07 replied Apr 19, 2024
If the spike seen to the upside in gu happens to be a liquidity sweep, know for sure that gu will trade lower. I will not advise going long ATM
- biodunola07 replied Apr 19, 2024
As long as DXY stays above 106.00 area, I refuse to go long on gbpusd and eurusd.
- biodunola07 replied Apr 17, 2024
As long as 106.00 support area holds as a support for DXY, I remain dollars bull and that means that my downtrend bias on GBPUSD and EURISD remains in tact . I am already short on GBP//USD. Let's see how market unfolds
- biodunola07 replied Apr 16, 2024
The price action on gbpusd and eurusd points down but the price really messed up today and many stop loss orders were hit , yet the market structure for downtrend still remains intact . That is the market for you and me but if we do careful analysis ...
- biodunola07 replied Apr 16, 2024
As long as DXY stays above 106 support area, I remain long on $$$ and that means that gbpusd stands bearish so also eurusd
- biodunola07 replied Apr 16, 2024
Liquidity sweep plus stop loss hunting for the bears ATM. The downtrend still remains valid
- biodunola07 replied Apr 15, 2024
Market structure ATM is not favorable to long ( though anything is possible in forex trading) . If 1.2440 support area is violated, the next bus stop for the bears is 1.2330 area
- biodunola07 replied Apr 15, 2024
Market structure ATM is not favorable to long ( though anything is possible in forex trading) . If 1.2440 support area is violated, the next busy stop for the bears is 1.2330 area
- biodunola07 replied Apr 15, 2024
The uptrend you saw is what is called liquidity sweep and that has nothing to do with a change in the downward bias . The downtrend remain valid as long as 1.2530 holds as resistance
- biodunola07 replied Sep 28, 2023
Exactly my mate, market is always there and opportunities are endless but he who has blown up his account feels the pains most when he sights clear opportunity to make money
- biodunola07 replied Sep 28, 2023
What I said yesterday has just come to pass, there is nothing wrong waiting for a sell setup at the current level . The next support level for GU is around 1.2075. Kindly trade safely
- biodunola07 replied Sep 27, 2023
GU has just moved almost 55 pips today , I am not interested in selling this pair at all , bullish correction is imminent and it is really worth being waited for
- biodunola07 replied Sep 27, 2023
From Monday till this now ( as at the time of typing this ) , GU has managed to move 120 pips down, a range that can be covered just in a day . That shows a quiet market and if you look at the chart, GU has been trading down from 1.27xx without a ...
- biodunola07 replied Sep 27, 2023
I have a buy order running on GU though the trend is down and the structure is not yet complete, I just don't consider the current price a good place to sell. I will take profit on my long trade at the daily pivot level around 1.2172 and look for a ...
- biodunola07 replied Sep 27, 2023
The trend is down quite alright but GU is due for small correction before downward trend continuation to the next support level at 1.2075. I expect the market to retrace upward before it tanks ( though market can prove anyone wrong). To answer your ...
- biodunola07 replied Sep 27, 2023
I expect GBPUSD to get a strong support @ 1.2075 and price action around that area will be interesting to look for buy setup. I hope to sell the rally around 1.2196 if there is a good sell setup that support my plan .
- biodunola07 replied Sep 20, 2023
The situation In the market now calls for patience . I decided to stay on the sideline till after FOMC news which I strongly believe will set the direction for GbpUsd . There will be lot of opportunities after the news but the impatient traders ...
- biodunola07 replied Sep 19, 2023
Market seems to be moving sideway , mind you, as long as Dxy stays above 105.00., I remain bearish on EurUsd . I expect a bounce( relief rally) around 1.0635 area.