GBPUSD - potential long trade in the coming day
Hello all - DuncanForex with another trade idea.
With NFP coming in strong on Friday and USD gaining strength - the question is:
Is this short term sentiment and will the FED support further USD strength or will the FED still suggest a rate cut and in turn will USD weaken,?
Therefore, the recent price action being a stop loss hunt before heading higher quite quickly
I have not been able to publish all my trade ideas this week - however I am currently long gold at 1393 and I expect USD weakness to now continue on other pairs.
I am looking to go long GBPUSD after reviewing my support levels - where I previously think I got in too high on the recent down move.
\I am looking for a break of the trend line and a retest prior to it heading higher
This trade may end up going through FED news tomorrow and I will review prior to the news coming out if I have open trades.
Thanks for looking
Duncan
With NFP coming in strong on Friday and USD gaining strength - the question is:
Is this short term sentiment and will the FED support further USD strength or will the FED still suggest a rate cut and in turn will USD weaken,?
Therefore, the recent price action being a stop loss hunt before heading higher quite quickly
I have not been able to publish all my trade ideas this week - however I am currently long gold at 1393 and I expect USD weakness to now continue on other pairs.
I am looking to go long GBPUSD after reviewing my support levels - where I previously think I got in too high on the recent down move.
\I am looking for a break of the trend line and a retest prior to it heading higher
This trade may end up going through FED news tomorrow and I will review prior to the news coming out if I have open trades.
Thanks for looking
Duncan
עסקה פעילה
Trades live - entered at 1.2460עסקה פעילה
Hi all - first three trades of 1.2460 I have moved my stop loss slightly closer to the entry point. I am now looking to take three more entries and then target the 6 levels highlighted in the following picture. עסקה פעילה
trades live and running well
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.