GBPUSD broke above 1.5165 and currently it stands in bullish territory. Services PMI data release ( 8:30 GMT ) will provide additional momentum and volatility to the pair. We need to look for specific zones in this occasion. 1.5105-1.5160 is NEUTRAL ...

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EURUSD 1.1070-1.1015 is the zone for longs. If we get a daily/H4 close below 1.1010 the bias would change.

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Break of 1.1145 was fruitful. EURUSD behaved well.

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Successful news trade image

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Be wary of CASH rate announcement later this night. AUDUSD will be experiencing a huge volatility. I might try to fade the move - upspike if it happens 0.7900 short with 40 pip SL.

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Hi Nolimitz...Hmm, i need to check it. It looks ok but it is for newbie traders.

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EURUSD is making head and shoulders variant 2 pattern and judging from historical price action vs now moment price action 1.1145 seems to be crucial for both bulls and bears. 1.1145 ( L4, previous buyers-break out, neckline ) if taken out , might ...

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USDJPY is continuing its uptrend and latest breakout of the trend line which sits at W 1 2 3 pattern has confirmed strong bullish momentum. Going long on pullbacks seems viable option now and we can see 2 possible zone. POC ( previous buyers-blue ...

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Exactly , i agree with you. Psychological profile is very important. You might have a great method/system but if you fail to deliver that psychological moment, it will be hard to manage the drawdown. Money management / Risk management is of utmost ...

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Thanks !

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This is going as planned, bought on dips as presumed

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Next important level is 1.1250, a break and close above will target 1.1355 and that is indeed bullish. Crucial to the downside is 1.1060 from intraday perspective, 1.0980 is strong support and if it is broken it could tank the pair down to 1.0880 - ...

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Last night after RBNZ announced that it would put rates on hold but consider a cut on demand cues and just after the conference NZDUSD was hammered down with a gap. This gap is classified as a "Common gap" and it was preceded by M pattern. POC ( ...

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Welcome ! I will be buying the dips. On FOMC if the price gets close to 118.10 may buy it again

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Yes, there is 1.1050 in scope if GDP fails. That is a resistance. Above that 1.1115 is next target, but i wont gamble as today we have FOMC>

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I wont be making any positions now, 1h till US GDP news

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+50 and going

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There is still a possibility for a bounce but it should be restrained due to FOMC today + NZD official cash rate decision

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USDJPY has been put in a heavy range waiting for FOMC. H1 chart shows no obvious movement , but watching H4 we can spot Higher Lows near the support of both intra month and intra week trend lines along with 78.6-88.6 deep retracement. 118.40 (L3) is ...

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