DutchFXtrader

DutchFXtrader Updated 

Waiting for the EUR/GBP to break the green trend line downwards. If that happens, I'll open a new short position. On the other hand, it looks very plausible that price first wants to do a big stop loss hunt at the previous 0.8970 - 0.8980 top. When this happens I first want to see how price action develops (will there be a break-out, or a fake break-out?)...

DutchFXtrader Updated 

Short opportunity EUR/GBP. Stops above previous two tops has been hit. There is a change EUR/GBP will rise further to hunt stops above 0.8970, so we keep our stoploss tight, around 10 pips (Kill the monster when it's small).

DutchFXtrader

Looks like the week begins with a stoploss hunt on the GBP/USD pair. I've set 2 targets. Depending on how the price develops around Target 1, I will decide whether I will end up with Target 2 in the second half of my position. Have a great day, and keep the losses away!

DutchFXtrader

On the longer timeframes (1 month) gold broke the horizontal resistance based on the top of summer 2014, July 2016 and around February 2018. For now, it looks the month candle is still trading above the resistance line but, we have one trading week left before the candle closes. So to be safe, wait for one more week, and if price is above resistance line, it's a...

DutchFXtrader

Long Term trade: Negative divergence spotted on EUR/GBP - Waiting for short opportunity