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GPOR.LSE - new lows ahead ?We changed the wave count pattern of GPOR.LSE as it crossed the line at minor B. It is now tracing intermediate wave (3) down what should bring prices below wave (1) and with a good strenght in the move. There is an alternative scenario where this is the final stages of a minor B of an ABC pattern, in this case prices could go up in wave C. In the next days we will have more clarity of what scenario should prevail, keep tuned. FOLLOW SKYLINEPRO TO GET UPDATES.
G
by SkylinePro
DLN.LSE (UK) - critical junctureAfter our previous post indicating the future up move on this UK REIT, the Reit increased 9.8%. At this current juncture there are two possible outcomes. The most probable one is that DLN continues its minor wave 5 up and reach 3800. The alternative scenario is that intermediate C wave and primary D of a contracting triangle has finished and the reit will start is move down into the last wave of the triangle. The latter would happen if DLN crosses down 3344. FOLLOW SKYLINEPRO TO GET UPDATES.
LSE:DLN
by SkylinePro
GPOR - UK REIT - possibilities of 7% gains in the next two daysGreat Portland Estates is the UK REIT that owns the best office properties in Class A cbd markets of London. The price structure suggests that it will start minute wave 4 down before going up tracing minute wave 5, the last lag that should complete Minor wave 5 of intermediate wave 1. If this scenario persists price should increase 7% in the next two days, before entering a correction of intermediate level. FOLLOW SKYLINEPRO TO GET UPTDATES.
GLong
by SkylinePro
London Watclish: 3 Forex trades and 1 WTIGBPAUD with a target of 50% of the contraction. GBP has gained momentum since yesterday and the trade already has a breakout!!! The details of my entry are in the #trade-alerts channel and im already riding some profit. OTHER TRADES We have GBPJPY buy, as per the alert. EURAUD sell as per the alert And Now WTI buy, so here are the details of WTI the other two you can find in the #trade-alerts section. WTI BUY I have an entry at 46.90, based on a possible bullish contraction, but spikes can be expected hence I used a wider SL for this one. The RR is still strong, 3 to 1. My current TP is 49.53 which is a gain of 9.6% and my SL is 46.03 which is a loss of 3.1%, but there is a high chance of my increasing my TP to 51.600 which SIGNIFICATLY increases the RR/ROI and that would only happen on very positive comments by OPEC and/or big cuts! Keeping in mind that OPEC can really move price! TIP FOR THE SESSION We know if our risk is right when we make a lot of money, but can still sleep at night. Risk is the amount of risk per trade: the dollars risked between your entry and your stop loss based on your position size and what percent this is of the total capital in your trading account. Always know how much your total risk is in regards to how many positions you have open at one time as a capital at risk for your entire account. Our simple but effective RM system is: 1. Definite exit area 2. Strucutred position sizing Follow this RELIGIOUSLY! Enjoy the London session and Rememebr, today like every other day can only end in ONE OF FOUR WAYS! 1. Big win 2. Small win 3. Breakeven 4. Small loss It is your DUTY, OBLIGATION and COMPLETE RESPONSIBLITY to end in these levels, and even if its 3 or 4 (point) thats ok... tomorrow is always a new day and your focus should be to end the week in profit, and not every single trading day!
by PrimedGroup