Currently short GBPUSD from 1.2155, I am amazed at some of these moves and whilst it may go higher, I will definitely pay to find out. Targeting anywhere from 1.2110-1.2125.

Divergence Pip Range Trading

A nice set of trades on EURAUD here with 3 trades from a few setups. I had picked out EURAUD for potential due to the following: image The isolated wick is substantial (to me, anyway) and with price rushing towards it I began looking for some ...

Divergence Pip Range Trading

Here's the last trade from last night. GBPAUD had dropped hard and it dropped to close to the daily open area (black line) and it coincided with GBPUSD hitting 1.2205 which is also a great area of support. I took an aggressive entry and had to trust ...

Divergence Pip Range Trading

A pleasing trade on GBPAUD. I was reasonably surprised it dropped away to pre GDP level as it was a solid figure so the punch higher made sense. However, I do like seeing fantastic areas of reversals and on the hour chart, 1.6110 area looked ideal: ...

Divergence Pip Range Trading

Some good movement off of the back of UK data. GBPAUD had a good run up and ran right into the cam level and price was faltering and couldn't go past 1.6080 level. You can see 1.6080-1.6100 is a good area: image Looking at the pip range chart, ...

Divergence Pip Range Trading

Quiet day for me yesterday, currently have an open short on EURUSD and GBPAUD, result pending!

Divergence Pip Range Trading

Okay, here is the chart and some thoughts on the GBPAUD trade/s. I've always believed that losing trades will teach you an awful lot more than a winning one and I can take a lot away from these sets of trades. As a result, it wasn't actually that ...

Divergence Pip Range Trading

Hi Razor, I use the clouds as possible areas to exit and get a guage whether price will hold or have a chance of breaking. Whilst it may not seem to have an immediate impact on my trading I'd definitely be lost without it.

Divergence Pip Range Trading

Seen enough, out at 1.5885

Divergence Pip Range Trading

Final trade at 1.5900 and have set a stop at 1.5850 area.

Divergence Pip Range Trading

Been a while since I picked such a crap entry! Added a small position at 1.5939 to be averaged at 1.5949.

Divergence Pip Range Trading

Long on GBPAUD from 1.5959. Markets finally coming alive.

Divergence Pip Range Trading

Well, GPBUSD and EURUSD are comically bad today with ranges under 35 and 30 pips respectively. Keeping an eye on EURAUD and GBPAUD as they're heading lower and looking for a suitable entry.

Divergence Pip Range Trading

First trade of the day, GBPAUD short. GBPUSD had been horribly rangebound for the Asian session but GBPAUD was showing some direction and some excellent action around certain levels as evidenced here: image Price was stalling on the Cam level and ...

Divergence Pip Range Trading

Thought I'd post the conclusion of the GBPUSD trade. As mentioned above, I added to the trade at 1.2245 and was looking for an exit around the 1.2220 area. Ended up exiting at 1.2218 for a good result and a nice start to the week. Price kept trying ...

Divergence Pip Range Trading

Quick trade on EURAUD. This looked a good opportunity for a short trade with price hitting a double top and the AO making lower highs. Exited for +14 and whilst I didn't maximise the gain, still relatively pleased with the result. image Added a ...

Divergence Pip Range Trading

Exited the EURAUD long for +12 and +20 respectively as I took two entries as shown below. Felt 1.4250 was a great area for support and took half size at 1.4261 and then again at 1.4253. Looks like I exited a few pips too soon but felt price was ...

Divergence Pip Range Trading

Markets in a massive lull for the start of the week so far. GBPUSD grinding higher and EURAUD ever so slowly crawling higher. Hopefully NY open can be the shot in the arm to get things moving.

Divergence Pip Range Trading

New week, new opportunities. Short GBPUSD from 1.2230 and long EURAUD from 1.4261.

Divergence Pip Range Trading

Just been to watch Jack Reacher, 7/10. Here's the EURUSD chart. I felt 1.0890 area to be a good area for a potential bounce but with the Euro moving pretty slowly I knew anything above 10 pips would be an okay trade. I was watching price closely ...

Divergence Pip Range Trading