The UK interest rate decision was released today at 12 pm GMT and turned out to be a non-factor. That allows to revert to our technical trades, which provided a Type 1 Breakout on GBPJPY. With all 4 Horseman aligned, this pair ran beautifully down to our profit target. Allen
Dears, please, follow our instructions as per mention on the chart. Good luck.
Dears, Please, follow our instructions as mention on the chart. Good luck
After the arrival of the price and closures above the neck of the model head and shoulders, God knows
today we started with a slightly mixed market (only 2 bullish pairs) but a preference to sell because of the gap down at the Sunday open. After the GBP pairs pushed down (and we got a great breakout trade), we set-up an MA trade on this pair. This was the last to reach the MA. and clearly worked the best. Those who trade the Gold Method Ichimoku and have been in...
Dears, please, follow our instructions as mention on the chart. thanks and good luck.
Dears, Please, follow our instructions as mention on the chart. thanks and good luck,
GBPCHF– Buyers might looking for higher price levels. Trend: Strong Buy Support/Resistance: R4: 1.32568 R3: 1.31354 R2: 1.30288 R1: 1.28926 S1: 1.28275 S2: 1.27360 S3: 1.26577 Price action: Sellers are working on potencial sell because of weak eur currency on the other side. Sellers has to break S1 and then will be even more stronger then, they are now....
Today we started with a GBP bullish view but after the GBP pairs pushed down, we set-up an MA trade on this pair. Although this was not the last to reach the MA, price pulled back to the confluence of the MA and the 60 KS. Those who trade the Gold Method Ichimoku and have been in the training, know exactly what I am talking about. Since this trade triggered later...
Check previous post about EURUSD and pattern education
Today we had a nice push down in the GBP pairs which set-up an MA trade on this pair. Although this was not the last to reach the MA, price pulled back to the MA as opposed to the MA coming to price. Those who trade the Gold Method Ichimoku and have been in the training, know exactly what I am talking about. GA is also my favorite pair. Everybody in the training...
This was a Type 1 BO trade we took into today's training room. which we all closed for approximately 34 pips. Good solid trade, nothing fancy, just rocking the Gold Method Ichimoku!
We prefer buy over sell, but will see on smaller time frame for possible entries for long or short. For buy setup wait on breakout on daily time frame and for short setup wait that price came back in sellers territory, thats below 1.29160. Keep it simple and do not complicate with hundreds of indicators because pure price action shows you everything. GOOD LUCK,...
GBPNOK H4 chart potential head and shoulders pattern.
GBPCHF – Buyers started following power of Gbp currency. Trend: Buy/ Neutral Support/Resistance: R2: 1.29594 R1: 1.28518 S1: 1.27640 S2: 1.27036 S3: 1.26425 Price action: Price is headed to test last Higher High by buyers momentum. If the price will break first resistance, it might go higher to achieve second target at 1.29594. If first test to last higher high...
GBP/CHF is in strong buyers territory, up trend and right now in consolidation mode. We are waiting on break bellow the structure and with target to the end of buyers territory or on the break above the structure and with target on the higher time frame 1.33700.