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Sterling

MTF killer zoneThis is a MTF killer zone, its drawn when yesterday or the last period closes, it so powerful. The way I use it is buying and selling as a support and resistance (but it's not support and resistance ), or at a retest when it break, and if it not being touched by the price today or in the current period ... than the zone will be still valid for any time in the near future (3 to 4 days or period in the future). You can use it as a target if you already have an open position in the market, or use one time frame for entry and other for target. I can send for you on request different time frame key zones, such as monthly and also good for yearly. I recommend major pairs, also any other financial instrument ( Commodities , indices, bonds, and equities). Enjoy the setup please! :)
by ghattas360
GBPUSD - Intraday Areas of Interest 02/12/2020#GBPUSD I don't like to predict the direction of a market but focus on the price action in my highlighted area. As of writing price is moving away from the highlighted buying areas. Best to wait for price to come back into those areas. Wait and see what the market does through the European session and see if you can get a pull back into the the highlighted BUY area which the VWAP is cutting through. RED: SELL GREEN: BUY Utilise any moving average you like, and determine your base. BUY LOW / SELL HIGH Or BUY STRENGTH / SELL WEAKNESS Happy trading
by Little_Big_Movement
GBP/USD Is At a Difficult Position - Here is How to Trade it.After a fantastic trade set-up for GBP/USD on my previous idea where we saw that indeed the confluence between the support zone and the trendline caused the price to go up, we are now at a difficult situation. If you were long already a great place to exit could be directly underneath the horizontal resistance. However, if you're not in the trade at the moment this is not a good moment to buy. Instead, I suggest waiting until the price reaches the resistance and go short there for a better risk-reward on your trade. For the take profit position, you can see that I deviate from my normal suggestion. Instead of taking profit at the horizontal level, I decided to be more conservative here and suggest holding to the trendline only. The reason for this is that the ascending trendline indicates a bullish trend overall, and therefore I feel waiting until the horizontal support would be too optimistic and risky. - Trading-Guru
Short
by Trading-Guru
7
GBPUSD US ELECTIONS SELL LIMIT!!!!!!!!!the Pair traded in a range the last couple weeks, however the pattern shows that the upside momentum is still corrective for a downtrend continuation. 7-9-11 swings are related to A,B,C corrective phases in Elliott Wave Theory. tomorrow is the US ELECTIONS results so we will definitely expect high volatility trading, thats why i prefer to put pending orders ( sell limit ) orders near 1.3270 level to short the pair and probably target 1.2390 the monthly engulfing pattern target. Good luck
Short
by josephdahrieh
1