GU dump and pump...............I think a stop hunt to buy from lower price and the same time a trap for new sellers..........why this because there was a big order need to be executed from around 1.3910-20........and the early bullish momentum at ...

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A dump just to get me out...............hahahaa

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Right now GU is ranging between 1.3960-90............

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Just a coincidence............3 clicks and it happened

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Text book trades...........From S to R Closed image Open image

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Not necessarily.........but it is known as one of the best times when London open to trade.

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Buy GU from 1.3920-30

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Just an example of breakout..........not meant as recommendation..........to let you think how to deal with breakout level retest..........although it could work I suggest all of you to post how to deal with that situation? buy/sell stop TP no trade ...

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Rowad.........a hard stop is where do you think the price should not go.............work on your entries and the stop will be evident.....for example when I said earlier this day buy Gold from 1321-1322...............my stop was just few points ...

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It is the day of trend resumption I assume

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For................ UJ short Gold long GU long try to hold some

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I think GU will be bought from 1.3860-70............but it is risky news ahead

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Buy Gold from 1321-1322..............be careful if 1321 breaks down

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Sell UJ from 107.60..............this trade is OK as long as 107.9 is intact

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Yes Rowad I can be wrong and 1.2310 breaks down..........as 1.2330-40 still pushing it down..............but if broken up reverse could happen.

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for intraday 50 pip is good primary target..............but always get what you can is the rule............or exit partially at important levels...........leave some if you feel that momentum is with you

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Look at the high of 14/2(107.903).......and lower time frames during Asian session...............I call this an educated guess............surely you can add fibs to your reasons to take the trade............

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Sell UJ from around 107.90.................buy EU from around 1.2310

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Gold the biggest loser this day reached the most important support 1328-1329

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