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(GBPUSD) Wed, 23 November 2022 Setup
VIX
, 1D
VIX: (GBPUSD) Wed, 23 November 2022 Setup
Updated 

OANDA:GBPUSD GBPUSD Neutral bias Status: Open short position and waiting for breakeven confirmation What do I see? - VIX could go bullish as it's on its major Daily low, resulting in USDCHF going bullish. - Low volatility as the market waits for Durable Goods Orders MoM, New Home Sales, and FOMC Minutes report. - Could result in a sideways market in the long...

(GBPUSD) Mon, 21 November 2022 Setup
GBPUSD
, 60
Short
GBPUSD: (GBPUSD) Mon, 21 November 2022 Setup

OANDA:GBPUSD GBPUSD Short bias Status: Open short position What do I see? - Building Permits Prel and Housing Starts created a bearish response. - USDCHF is starting a new bullish trend. - My Indicator shows an ideal short entry point area. - The 1.18826 support line should be broken and closed below the line to confirm the start of the downtrend. - Existing...

(GBPUSD) Fri, 18 November 2022 Setup 5
GBPUSD
, 60
Short
GBPUSD: (GBPUSD) Fri, 18 November 2022 Setup 5
Updated 

OANDA:GBPUSD GBPUSD Short bias Status: Open short position What do I see? - Building Permits Prel and Housing Starts created a bearish response. - USDCHF is starting a new bullish trend. - My Indicator shows an ideal short entry point area. - The 1.18826 support line should be broken and closed below the line to confirm the start of the downtrend. - Existing...

(GBPUSD) Fri, 18 November 2022 Setup 4
GBPUSD
, 60
Short
GBPUSD: (GBPUSD) Fri, 18 November 2022 Setup 4

GBPUSD Short bias Status: Closed short position What do I see? - Building Permits Prel and Housing Starts created a bearish response. - USDCHF starting a new bullish trend. - My Indicator shows an ideal short entry point. - The 1.18826 support line should be broken and closed below the line to confirm the start of the downtrend. - Waiting for Existing Home Sales...

(GBPUSD) Fri, 18 November 2022 Setup 3
GBPUSD
, 60
Short
GBPUSD: (GBPUSD) Fri, 18 November 2022 Setup 3

OANDA:GBPUSD GBPUSD Short bias Status: Open short position What do I see? - Building Permits Prel and Housing Starts created a bearish response. - USDCHF starting a new bullish trend. - My Indicator shows an ideal short entry point. - The 1.18826 support line should be broken and closed below the line to confirm the start of the downtrend. What I would do? -...

(GBPUSD) Fri, 18 November 2022 Setup 2
GBPUSD
, 60
Short
GBPUSD: (GBPUSD) Fri, 18 November 2022 Setup 2

OANDA:GBPUSD GBPUSD Short Bias State: Open short position What do I see? - Building Permits Prel and Housing Starts created a bearish response. - USDCHF starting a new bullish trend - My Indicator shows an ideal short entry point What I would do? - Entered the position as planned. - Hold as long as possible and seek for break-even confirmation - If the SL got...

(GBPUSD) Fri, 18 November 2022 Setup
GBPUSD
, 30
Short
GBPUSD: (GBPUSD) Fri, 18 November 2022 Setup

OANDA:GBPUSD GBPUSD Short bias Status: Closed short position What do I see? - Building Permits Prel and Housing Starts created a bearish response. - USDCHF starting a new bullish trend What I would do? - Existing Home Sales report would be the final decision for the market direction. I'll enter short at the 1.19202 1.19499 resistance level. - If the SL got...

(GBPUSD) Thu, 17 November 2022 Setup 3
GBPUSD
, 60
Short
GBPUSD: (GBPUSD) Thu, 17 November 2022 Setup 3

OANDA:GBPUSD GBPUSD Short bias. Status: Opened short position What do I see? - Building Permits Prel and Housing Starts created a bearish response. - Daily potentially gonna go for a huge pullback. - The bulls are eaten by the bears, you can see the 1.18222 - 1.18526 support level be broken. It is aspected to go for a huge downtrend. - USDCHF starting a new...

(GBPUSD) Thu, 17 November 2022 Setup 2
GBPUSD
, 60
Short
GBPUSD: (GBPUSD) Thu, 17 November 2022 Setup 2

OANDA:GBPUSD GBPUSD Short bias. Status: Waiting to Short What do I see? - Building Permits Prel and Housing Starts created a bearish response. - Daily potentially gonna go for a huge pullback. - The bulls are eaten by the bears, you can see the 1.18222 - 1.18526 support level be broken. It is aspected to go for a huge downtrend. - USDCHF starting a new bullish...

(GBPUSD) Thu, 17 November 2022 Setup
GBPUSD
, 60
GBPUSD: (GBPUSD) Thu, 17 November 2022 Setup

OANDA:GBPUSD GBPUSD Neutral bias. Status: Waiting for confirmation What do I see? - Traders are waiting for Building Permits Prel and Housing Starts Report. As the market is aspected to go sideways, both of those reports could impact significantly our next decision regarding the direction of the market. - The market is biased both ways, creating a liquidity...

(GBPUSD) Wed, 16 November 2022 Setup 3
GBPUSD
, 60
Short
GBPUSD: (GBPUSD) Wed, 16 November 2022 Setup 3

OANDA:GBPUSD GBPUSD Short bias. Status: Closed position What do I see? - Well as the Retail Sales MoM report reflects the bearish response, the bears will start to overtake the bulls. As what is already been planned, I gonna break even. What I would do? - I would seek to go short - This time I'll do a trend trade, if the RQK (Rational Quadratic Kernel) creates...

(GBPUSD) Wed, 16 November 2022 Setup 2
GBPUSD
, 60
Long
GBPUSD: (GBPUSD) Wed, 16 November 2022 Setup 2

OANDA:GBPUSD GBPUSD Long bias. Status: Open position What do I see? - It's clear that the bulls seem to be attracted to dominate the bears, as you can see, there is a lot of bullish rejection going on. Psychologically speaking, there is a lot of traders who have a bias to go short at this point, cause in the higher timeframe such as daily, it creates a strong...

(GBPUSD) Wed, 16 November 2022 Setup
GBPUSD
, 60
Long
GBPUSD: (GBPUSD) Wed, 16 November 2022 Setup

OANDA:GBPUSD GBPUSD Long bias. Status: Open position What do I see? - PPI MoM reflects a bullish response in the short-term period. I'm taking this opportunity to target the resistance level (1.20002 - 1.20198). What I would do? - Previously the opened long position got closed. What I gonna do now is to reenter back to the same position, according to what is...

(GBPUSD) Tues, 15 November 2022 Setup 3
GBPUSD
, 60
Long
GBPUSD: (GBPUSD) Tues, 15 November 2022 Setup 3

OANDA:GBPUSD GBPUSD Long bias. Status: Open position What do I see? - PPI MoM reflects a bullish response in the short-term period. I'm taking this opportunity to target the resistance level (1.20002 - 1.20198). What I would do? - As this is a high-risk thing to do, as the volatility is high. I can't guarantee that the target would be reached nor would it'll...

GBPUSD) Tues, 15 November 2022 Setup 2
GBPUSD
, 60
Long
GBPUSD: GBPUSD) Tues, 15 November 2022 Setup 2

OANDA:GBPUSD GBPUSD Long bias. Status: Waiting for confirmation What I see? -PPI MoM got a bullish response, but the resistance level (1.20002 - 1.20198) rejects pretty hard. I aspect the market would go down to previous resistance level (1.18526 - 1.18795) as we respect the bears first to go bullish . But if we don't respect the bears, I aspect that there...

(GBPUSD) Tues, 15 November 2022 Setup
GBPUSD
, 60
GBPUSD: (GBPUSD) Tues, 15 November 2022 Setup

OANDA:GBPUSD GBPUSD Neutral Bias Reason: - Waiting for the PPI MoM report Potential Scenario for Tuesday, 15 November 2022: - If PPI MoM gives a bullish sentiment, we will seek to buy. vice versa. Yesterday's review: - As I conclude the market potential would go sideways, and it did; as the scenario reflected. I would wait for the PPI MoM report to confirm...

(GBPUSD) Mon, 14 November 2022 Setup 3
GBPUSD
, 60
GBPUSD: (GBPUSD) Mon, 14 November 2022 Setup 3

OANDA:GBPUSD GBPUSD Long bias. Status: Closed Position What I see? It seems that the market would go sideways as the volatility is low or it gonna go down hitting the next support level. The bull is pretty much weak right now, so best to wait for the market. What I would do? - I'll wait and see how the market goes, because the market will probably go sideways,...

(GBPUSD) Mon, 14 November 2022 Setup 2
GBPUSD
, 60
Long
GBPUSD: (GBPUSD) Mon, 14 November 2022 Setup 2

OANDA:GBPUSD GBPUSD Long bias. Status: Entered position Reason: - Core Inflation Rate YoY and Inflation Rate YoY created a fat bullish candle. - Michigan Consumer Sentiment Prel created a bull candle response. - USDCHF reflects a weak bullish momentum, which could potentially hold the bears or go for a breakout from the support level. Potential Scenario for...

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