That view is correct, but in my strategy i'm looking to grab 20-25 pips /day using advanced money managament system. Though if trying to take more then that - swing trade - I would look more for shorts.

Cable Update (GBPUSD)

After another strong move up some indecision can be expected. Our mantra “trend is your friend” sugests to look for long positions and we are. There is a lot of places to watch today and in coming days. Break out to the upside through 1.3800 should ...

EURUSD

After yesterday’s strong upward movement we expect some correction towards 1.6175-1.6180 level and if it fails next zone to watch is 1.6112-1.6117. At this levels we will be looking to open long positions in the attempt to join the uptrend. As ...

Cable Update (GBPUSD)

On Monday during european session we don’t expect to much movement, depending what price action shows we will be looking for a short position on GBPUSD at 1.6222-1.6227 level, otherwise and still preferable are long positions: first at ...

Cable Update (GBPUSD)

Monday price action analysis for #EURUSD and #GBPUSD: We usually like to watch market situation to develop further on Mondays and do not rush to trade. Advice on EURUSD is to see how price action develops around 1.3700-1.3710 level and search for a ...

EURUSD

Sound right, but I think that it will happened next week to fuel a correction

EURUSD

Common sense dictates looking for longs. I usually try not to trade on Friday, especially if situation is not clear and I’m already in nice profit through the week. There is few places to join the trend and I mainly will look for three scenarios ...

Price Action in Day Trading by Dadas

After 1.6172 is broken I will look for a long position at this level , otherwhise short on tops around 1.6260-1.6265.

Cable Update (GBPUSD)

Common sense dictates looking for longs. I usually try not to trade on Friday, especially if situation is not clear and I’m already in nice profit through the week. There is few places to join the trend and I mainly will look for three scenarios. ...

EURUSD

As described before TP taken on GBPUSD @ 1.6101

Cable Update (GBPUSD)

I know that for some of you 20 pips is not a lot, but I'll tell you that you can easy live of that if you make consistantly 0.25% of account a day. Here is my trade - based on attacking recent high = SL clean up.

EURUSD

Just realized my 20 pips profit from 1.3663 to 1.3643. I hope you eneterd again above 1.3650

EURUSD

Taking in consideration a very fast and big move up through 1.6060 level I’m looking to open a short position between 1.6120-1.6125. SL 15-20 pips and TP around 20-30 pips.

Cable Update (GBPUSD)

Looking for a swing trade I'll do the same, but my other strategy where I take short term trades I look for about 20-25 pips TP. IMHO I'm still counting for breaking 1.3480 to the downside, which is still possible

EURUSD

I'm shorting @ around 1.3660 for 20+ pips profit

EURUSD

EURUSD broke trendline and looks ready to attack recent high at 1.3646. I expect stop losses to get triggered above 1.3650 and will be taking short a bit above that level @ 1.3660-65. for a quick 20 pips profit.

EURUSD

Until noticable breake out I plan to trade consolidation between 1.6050-1.5900. I will be taking short at 1.6055-1.6060 otherwhise long at 1.58900-1.5895.

Cable Update (GBPUSD)

Today, after USA budget agreement longs can be expected to be in favour. Is that news already in price? Nobody ever knows. After watching carefully price action I'll be looking to take a shot trade at a trendline, in 1.3570-1.3580 zone. I will need ...

Price Action and Trading Discussion

Today, after USA budget agreement longs can be expected to be in favour. Is that news already in price? Nobody ever knows. After watching carefully price action I'll be looking to take a shot trade at a trendline, in 1.3570-1.3580 zone. I will need ...

EURUSD

Anybody likes this setup? Very big PRZ. i`m trying to find perfect long entry with SL 20pips, but the Zone from 1.3080 to 1.2990. image

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE