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GCAD Long

jubz 27 8月的订阅  在 #Trader's blog
Hey Traders
Welcome back to last week of the trading month. The GCAD, the bulls have seemingly taken a rest and are waiting for a better price to resume up move. So I will be closely observing this pair to see if I can get a good buy trade.
A support level at 1.66765 seems to be an ideal area for the retracement to stop or price action may refuse to go below 1.67266 and start to go back up...
Let us see
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3rd Week of Competition

jubz 24 8月的订阅  在 #Trader's blog
Hey Traders,
It's the weekend again. Time for rest, relaxation and a complete unplug from the markets...well atleast for a day or so...Then it's back to review and strategy of the last hoorah....I missed a great opportunity to short the GBPNZD, which would have given me a much needed 100pips.
Have a great weekend
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Trade Update

jubz 23 8月的订阅  在 #Trader's blog
Hey Traders
Today was not a good day at all.
GBPNZD buy trade - I moved my SL to break even and the market took me out in a pull back
GCHF buy trade - market hit my SL and I was take out -30pips
GCAD buy trade...ideal entry was 1.67611
My entry 1.67818/ SL 1.67400 / TP 1.69000
Market hit my SL -45 pips.
GU buy trade - entry 1.28581/ SL 1.2838/TP 1.2958. Market hit my SL -21 pips..
That's how it is...will back tomorrow.
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Long GBPNZD

jubz 22 8月的订阅  在 #Trader's blog
Hey Traders
I opened a buy trade on the GBPNZD today, here are the details and why I took the trade.
Ideal entry - 1.9223
My entry - 1.92456 SL - 1.9224 TP - 1.9346
Trade rationale - I strongly believe that this pair is in bear sentiment, however if you take a look at the 4hr TF, PA seemingly not interested in moving pass 1.9224 just yet. Therefore I believe it will move up from this area to retest maybe daily structured resistance 1.94300 then resume bearish sentiment.
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Two Open Trades

jubz 21 8月的订阅  在 #Trader's blog
Hey Traders
Kindly see details and rationale for two open Trades.
GJ - Long - Entry 141.3/SL 141.0/TP 142.30
This pair has been in a prolonged bear sentiment. A 4hr assessment showed no interest by PA to move below 140.355. TP set at recent strong area of down move
GCHF - Long - Entry 1.2665/SL 1.26345/TP 1.27660
This pair has also been in a prolonged bear sentiment. A 4hr assessment showed no interest by PA to move below 1.26555. TP also set a recent area of strong down move.
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USD relaxes

jubz 20 8月的订阅  在 #Trader's blog
Hey Traders
The USD continued today on the momentum/trend being set from the middle of last week with most major currency pairs strengthening. I missed out on two opportunities this morning with -
50 pip EU buy trade - entry 1.13925
100 pip GCAD buy trade - entry 1.66408
I will continue to monitor for any more trade ideas...
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USD relaxes

jubz 17 8月的订阅  在 #Trader's blog
Hey Traders
We have reached half way point of the trader contest for August. As the title suggests after 2-3 months of dominating the major pairs the USD has been showing some signs on these pairs that it will be easing it's grip. Please note that most of the majors are now are strong reversal areas. Therefore EU, GU, AU and NU I will be looking at short term longs.
UJ, UCHF and UCAD I will be looking at short term sells.
Have a great weekend all
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ABOZAHRA74 avatar
ABOZAHRA74 18 8月

nice

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UCAD Short

jubz 16 8月的订阅  在 #Trader's blog
Hey Traders
I am a currently short the UCAD
Strong resistance - 1.317
My entry - 1.31486
SL - 1.31850
TP - 1.30570
Pair analysis...the currency is in a confirmed bear retracement move. PA has tested and respected strong resistance 1.317. a point from which it could go down
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UJ Short Trade

jubz 15 8月的订阅  在 #Trader's blog
Hey Traders
I made 60+ pips on a UJ short.. here are the details
Pair Assessment Daily Timeframe - UJ currently in a Bear retracement mode after testing and respecting a daily resistance level 113.148. it then proceeded to make a lower high (LH).
It then made a strong bull move to apparently retest a newly formed resistance area 111.458. Failed, formed a reversal candle stick pattern (4hr chart)
Trade taken at this area with SL set above the new resistance area..Trade was successful
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Day 17

jubz 26 6月的订阅  在 #Trader's blog
Traders
I still remain bull biased on the GU, a recent review of the economic calendar for the remainder of this week seems to be fairly muted as it relates to market moving news. The only hot topic now ensuing is the potential trade wars between the US & China & EU. Therefore I am positively expecting the bulls to take over at about 1.32200 and propel this pair higher
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