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GBPEUR trade ideas
Ready to Raid the Chunnel? EUR/GBP Bullish Strategy Unveiled!🔐💸"The Chunnel Heist: EUR/GBP Bank Job with Thief Trading Style"💸🔐
Master Plan for Smart Money Robbers, Scalpers, and Swing Traders – Chart Ready Strategy to Boost Your TradingView Clout
🌍 Greetings, Global Hustlers & Strategic Traders!
Hola! Ola! Bonjour! Hallo! Marhaba! Ni Hao! Ciao! 👋🌟
Welcome to Thief Trading Style, where we treat the market like a high-stakes heist and every pip is precious loot! 🏦💰
This time, the target is the EUR/GBP Forex Vault – nicknamed "The Chunnel". It’s time to outsmart the system and execute a calculated plan that balances technical setups with a thief’s precision. 🐱👤🔥
🧠 Heist Blueprint: EUR/GBP Bullish Setup
🔍 Concept:
We're spotting a bullish bias with underlying momentum for a breakout heist.
This move is not for the faint-hearted – police traps (resistance zones) and bearish defenders are guarding the top, but our tools (TA + FA) suggest a strong breakout is brewing. ⚠️📊
🚀 Thief Strategy at a Glance:
🟢 Entry (Stealth Mode)
💥 "The vault is wide open – grab the bullish loot!"
Initiate BUY positions on pullbacks, using a layering/DCA style entry system.
📅 Recommended on 15m or 30m charts for precision.
🎯 Key Entry Zone: Recent swing lows/highs – the quieter, unguarded door into the vault.
🛑 Stop Loss (Silent Exit Strategy)
Set SL near the most recent 1D timeframe wick low – smart risk management is key.
Adjust size based on your risk tolerance, lot sizes, and how deep you’ve stacked the entries.
🏁 Target (Escape Route)
🎯 Main Target: 0.88000
But remember – sometimes it’s safer to exit early if things get hot. Use trailing SLs to secure your loot and dodge the heat. 🔥🚓
💸 Scalper Advisory – Quick Snatch & Run
Scalpers should only ride the bullish momentum.
If your wallet's heavy, jump in early. If not, trail the swing traders and plan your entry like a pro.
🛡 Use tight trailing SLs to keep your gains in the bag.
📈 Why the Chunnel Heist Now?
The market is shifting:
🔹 Overbought conditions
🔹 Signs of trend reversal
🔹 Bullish divergence + liquidity grab setups
🔹 Positioning based on COT reports, sentiment analysis, macroeconomic shifts, and intermarket flow
👉 Full FA/TA/COT breakdown liinkedd in the Klick 🔗🔗
📢 Heads-Up: News Alert 🚨
📰 Major news events ahead – stay sharp.
❌ Avoid fresh entries during high-impact announcements.
✅ Use trailing SLs to lock profits and reduce emotional exposure.
❤️ Support the Heist, Boost the Team
🔥 Smash the "Boost" button if you're down with the Thief Trading Style
– it powers our next robbery and keeps the strategy alive!
Each boost strengthens the team and spreads the loot. Let’s out-trade the market, not just survive it. 🚀💰
⚠️ Disclaimer (The Clean Getaway)
📌 This is an educational, entertainment-based strategic overview – not financial advice.
📌 Always do your own due diligence and trade based on your personal risk profile.
📌 Markets shift quickly – adapt, adjust, and don’t marry your trades.
💬 Leave a comment if you’re riding this plan or if you’ve got your eyes on the next target.
🎯 Follow for more Thief Trading Heists – the next plan drops soon!
Stay stealthy, stay profitable. See you at the vault! 🏦🐱👤💸
Bullish bounce off overlap support?EUR/GBP is falling towards the pivot, which has been identified as an overlap support and could bounce to the 1st resistance, which acts as a pullback resistance.
Pivot: 0.8569
1st Support: 0.8538
1st Resistance: 0.8640
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
The Day AheadEconomic Data Highlights:
🇺🇸 US Wholesale Sales (May):
Signals business demand.
Weaker = bearish USD, growth worries.
Stronger = supports USD, may lift yields.
🇨🇳 China Inflation (June CPI & PPI):
Key for deflation risks.
Low CPI/PPI = bearish CNY, AUD, metals, more rate cut talk.
Stronger numbers = risk bounce, may lift AUD and commodities.
🇯🇵 Japan Machine Tool Orders & Money Supply (M2/M3):
Shows capex and liquidity.
Weak orders = bearish JPY, signs of slowdown.
Limited impact unless there's a surprise.
Central Bank Focus:
🇺🇸 FOMC Minutes:
Hawkish tone = stronger USD, weaker stocks/gold.
Dovish tone = bullish risk, weaker USD.
🇳🇿 RBNZ Rate Decision:
Expected hold at 5.50%, but tone matters.
Hawkish = NZD up, especially vs AUD/JPY.
Dovish = NZD drops, AUDNZD could rise.
🇪🇺 ECB’s Nagel & Guindos:
Watch for rate cut clues.
Dovish = EUR weakens.
Hawkish = EUR support, esp. vs JPY/CHF.
Trade Setups to Watch:
USD trades post-FOMC (DXY, EURUSD, USDJPY).
NZD crosses after RBNZ (NZDUSD, AUDNZD).
AUD & metals reacting to China inflation.
EUR pairs ahead of more ECB talk Thursday.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
EG longs from previous day session lowsFound this long trade completely on the go as price was droping into previous day asian session OB and seeing how price moved quite impulsively up from that same area on tuesday 8th July, I expected another impulsive reaction from the OB.
I'm already in the trade with a 5 pip stop, targeting tokyo session high from this morning, giving a RR at 1:3 at just 0.35% risk.
Stop is already in BE, so letting this one run its course.
Bulls Could "Wedge" Their Way Into Higher Prices On EGOANDA:EURGBP has made some impressive moves up since the Low from May 29th and Price just fell short of the Highs of April 11th before falling into a very familiar Bullish Pattern, the Falling Wedge!
The Falling Wedge is typically a Bullish Pattern where we expect Price to give us a Bullish Break of the Falling Resistance and Successful Retest of the Break before Price heads Higher!
Wedge Patterns can play both Reversal and Continuation Patterns dependent upon the location they form and surrounding Major Support/Resistance or Highs/Lows. In this case, we will be looking for a Continuation with Price being in an Uptrend before pausing slightly for a Consolidation Phase to form the "Triangle" of the Pattern.
*It is important to note that both the Falling Resistance and Falling Support have only been tested twice where three tests of both Trendlines should point to a strong equilibrium from both Bears and Bulls, validating the legs of the Triangle and strengthening the Consolidation Bias. ( So we could see Price test the Falling Resistance one last time before falling down to the Falling Support for a 3rd test! )
Lastly, when it comes to a Wedge Pattern, we should suspect that once Price makes a 3rd Test of the Falling Support and Retraces to the 50% Fibonacci Level @ .85887, this will signal the End of the Consolidation Phase!
- And this will be the time to enter!
**Once the Pattern is Confirmed and Breakout is Validated, based on the "Flagpole" or Rally prior to Price falling into the Consolidation Phase we can anticipate Price to potentially rise to the most recent High on April 11th of .87374 and give the next Previous High on November 16th 2023 of .87657 a try!
Fundamentally, news is light this week for both currencies in the pair with GDP m/m releasing for GBP on Friday, July 11th with a Forecast of .1%, a .4% increase from June's -.3%
Also, CPI y/y for GBP will be released the following week on Wednesday, July 16th.
EURGBP BUY TADE PLAN## 🔥 **Pair + Date**
**EUR/GBP – July 7, 2025**
---
## 📋 **Plan Overview Table**
| Type | Direction | Confidence | R\:R | Status |
| ----------- | ---------- | ---------- | ---- | ------------- |
| Retracement | Long (Buy) | 75% | 1:2+ | Pending setup |
---
## 📈 **Market Bias & Type**
* **Bias:** Bullish retracement setup — price is approaching prior structure support near 0.8600 after impulsive bullish rally.
* **Type:** Continuation (trend resumption post pullback)
---
## 🔰 **Confidence Level**
**75%**
* Technical structure: 35% (clear break & retest zone at 0.8600 / daily trend still intact)
* Momentum: 20% (prior bullish impulse dominant on higher TFs)
* Macro alignment: 20% (Euro macro slightly stronger than GBP; risk-neutral sentiment)
* Session alignment: 0% (pending session confirmation)
---
## 📍 **Entry Zones**
* **Primary Entry:** 0.8600 – 0.8590 (liquidity sweep + prior structure)
* **Secondary Entry:** 0.8580 – 0.8570 (deep retracement / value zone)
---
## ❗ **SL with Reasoning**
* **Stop Loss:** 0.8545
* Reasoning: Below structural support and liquidity pocket — invalidates bullish bias if price accepts below this level.
---
## 🎯 **TP1/TP2/TP3 Targets**
* **TP1:** 0.8635 (recent structure highs / partial take)
* **TP2:** 0.8665 (4H supply zone / recent swing high)
* **TP3:** 0.8685 (extension target / overextension possible on strong bullish impulse)
---
## 🧠 **Management Strategy**
* Risk 1% per setup.
* Scale in at secondary zone if triggered.
* Move SL to BE once TP1 hit.
* Trail stops above H1 swing lows as price climbs.
---
## ⚠️ **Confirmation Checklist**
✅ Bullish rejection wicks / engulfing candle on M15/H1
✅ Volume spike on retrace
✅ Entry aligned with London or NY session flow
---
## ⏳ **Validity**
* **H1 retracement:** Valid for 12-24 hours or until zone is invalidated.
* **H4 structure:** Valid for 48+ hours barring major macro shifts.
---
## ❌ **Invalidation Conditions**
* Clean acceptance + close below 0.8545 on H1.
* GBP macro suddenly strengthens on surprise data / BOE commentary.
---
## 🌐 **Fundamental & Sentiment Snapshot**
* **ECB:** Neutral-hawkish bias, steady policy outlook.
* **BOE:** Mixed signals, mild dovish tilt post last inflation print.
* **Macro driver:** Eurozone slightly firmer fundamentals vs GBP.
* **Sentiment:** Risk-neutral → no safe-haven demand distorting flows.
---
## 📋 **Final Trade Summary**
EUR/GBP bullish retracement play targeting continuation of trend with value buys at 0.8600–0.8570 zone. SL 0.8545, TP 0.8635 / 0.8665 / 0.8685. Wait for confirmation before entry.
---
⚠ **Reminder:** This is not investment advice. Forex trading carries substantial risk. Trade with discipline, use licensed brokers, and follow your plan strictly.
Interesting swing buy opportunity in EURGBP! Don’t miss out!A potential swing low is spotted around the price level of 0.85275 Technically, I am looking forward to seeing price fallback to a swing low so as to buy low. Potential take profit level is at recent swing high. Overall trend of the market remains bullish both on monthly & weekly.
EUR-GBP Will Grow! Buy!
Hello,Traders!
EUR-GBP keeps trading in
A strong uptrend and the
Pair made a retest and a
Rebound from the horizontal
Support level around 0.8621
So we are bullish biased and
We will be expecting a
Further bullish move up
Buy!
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Long EG to higher highEG recent has rejected trendline with a potential forming of expanding triangle. Anticipate to the upside (higher high).
Recently been little tweak of my risk and reward. Instead of the past of 1:2, 1:3, I prefer stay to 1:1 or little above it and found my performance is better.
EURGBP Wave Analysis – 2 July 2025- EURGBP broke resistance zone
- Likely to rise to resistance level 0.8700
EURGBP currency pair recently broke the resistance zone between the resistance level 0.8570 (which stopped the previous impulse wave i at the end of June) and the 61.8% Fibonacci correction of the downward impulse (B) from April.
The breakout of this resistance zone accelerated the active minor impulse wave 3 of the intermediate impulse wave (C) from May.
EURGBP currency pair can be expected to rise to the next resistance level 0.8700 (which is intersecting with the daily up channel from May).
The Day AheadWednesday, July 2 – Key Highlights:
US ADP Employment Report (June): A crucial preview to Friday’s NFP; strong numbers may delay Fed cuts, weak data could boost cut expectations.
Eurozone Labor Market Data (May): Italy and Eurozone unemployment rates will offer insight into the region’s economic resilience; deterioration may weigh on ECB sentiment.
Japan Monetary Base (June): Watch for shifts in liquidity trends as the BoJ cautiously normalizes policy.
France Budget Balance (May): A worsening fiscal position could raise concerns amid ongoing political uncertainty.
Canada Manufacturing PMI (June): A weak print would reinforce the case for continued BoC rate cuts.
Central Bank Watch:
ECB: Lagarde, Guindos, Cipollone, and Lane speak; markets will look for clues on inflation and rate path.
BoE: Taylor (or another senior official) speaks; comments may impact UK rate expectations ahead of the election.
Market Focus:
Labor market and fiscal data, paired with a heavy central bank speaker lineup, will guide rate cut expectations and shape cross-asset risk sentiment.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
EURGBP sell, July 01HTF shows strong bullish trend, with price barely missing the Daily imbalance — signaling strong buyer momentum and no clear reversal point nearby.
On LTF, we had a clean 15m BOS, confirming bullish continuation, and price reacted from a 15m POI with imbalance left behind.
First entry missed by 1 pip, but it’s still in play — second entry aligns with the same narrative.
📍Entry: 15m imbalance
🧠 BOS in our favor, valid setup if triggered before London close
🎯 TP: Asia high for 1:3 RR
📉 Risk: 0.5% on each position
Looking to continue the upside trend, staying patient and letting price come to us.