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Yesterdays entry

ogegod Posted 4 Oct.  in #Trader's blog
Hi traders,
I am still holding on to my gbpjpy short entry. Even though price moved up to 131.20 area, it retraced back down to 130.50 and an expecting it to fall down to the 129.60 area.
Since the Prime minister of British said that berixt will be triggered from March 2017. The bears have returned to the GBP pairs and theres likely to be a break of the pervious lows.
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GBPjpy btrade

ogegod Posted 3 Oct.  in #Trader's blog
Hi traders,
Happy new month! I just entered a gbpjpy short entry now. The basis of my entry is that as the market opened gbpjpy jumped and broke below Friday daily candle open. I waited for a retrace to enter a short trade at the 130.90 area. Am expecting the pair to fall down to 130.00 area where my target is located. I expect a lot of bearish movement in the early part of this trading week.
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GBPusd trade

ogegod Posted 20 Sep.  in #Trader's blog
Hi traders,
My gbpusd trade of yesterday was able to hit my target.
I have entered another short trade for gbpusd at 1.2960 area and I am targeting the 1.2870 area.
The basis of my entry is price broke below 1.2995 area that is the open for Monday's daily candle.
The bearish trend is back and there is a lot of momentum building up on the gbp pairs.
Tomoro I will be very careful with trading becos of the interest rate setting for yen and USD.
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GBPusd trade

ogegod Posted 19 Sep.  in #Trader's blog
Hi traders,
I just entered a gbpusd short trade. As the week opened, I waited for a minor retracement up to the 1.3050 psychological levels. Gbpusd 4hr this morning was not able to break the 1.3050 area, so I entered a short trade at the 1.3050 area. I expect the pair to fall down to the 1.2990 area where I placed my target and my stop loss is at the 1.3110 area. Wishing everyone a happy trading week.
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Interest rate stand aside

ogegod Posted 16 Sep.  in #Trader's blog
Hi traders,
I decided to stand aside in most GBP pairs due to thge interest rate setting by the bank of England. Gbpjpy is currently stuck in the 134.70 area. The gbpjpy will need to break below 133.50 area to confirm resumption of the downward trend. Above 136.00 will lead to bullish momentum resumption.
Gbpusd is still around 1.3200 area. It will need to break below 1.3100 or break above 1.3300 to set a new direction.
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GBPusd trade

ogegod Posted 13 Sep.  in #Trader's blog
Hi traders,
I have exited the gbpusd buy trade I entered yesterday. I entered around 1.3320 area but price was not able to keep on going up but headed down to a low of 1.3244 area. There is a lot of bearish pressure on the GBP pairs.
Am keeping an eye on gbpjpy for a good entry down. If today's daily candle ends bearish, I will be watching out for the reaction at 135.77 area tomoro.
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GBP Pairs

ogegod Posted 12 Sep.  in #Trader's blog
Hi traders,
I narrowly missed entering gbpjpy after it break below friday's open at 136.19 area. I was laying more enphasis on gbpusd break above the weekly open at 1.3292 area.
Gbpjpy went down by about a 100pips to a low of 135.05 and it's gradually retracing up. I will be watching out for a break above today's gbpjpy daily open at 136.05
For gbpusd, i will also be watching out for a break above 1.3292 area later today for a move towards 1.3400 area.
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Trades to watch out for

ogegod Posted 11 Sep.  in #Trader's blog
Hi traders,
Happy new week.
This week as usual, I will be keeping a close watch on the GBP pairs.
Gbpusd daily candle closed above a monthly midpoint at 1.3252 area. I will wait for a break above Friday's daily candle open at 1.3290 area to enter a buy order that will likely head to 1.3400 area. If price is unable to break above 1.3290 area, it will likely continue downwards to the 1.3200 area before slowing down.
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Week in reveiw

ogegod Posted 10 Sep.  in #Trader's blog
Hi traders,
It been a good week.
Momentum is gradually returning to the market.
Gbpjpy which opened the week around 138.30 area, fall successfully down for 3 consecutive days and was stopped by the 135.00 psychological level and ended the week around 136.20 area.
Gbpusd on it's own opened at 1.3293 moved up over 2 days but was stopped by resistance at the 1.3440 area. The pair fall subsequently to as low as 1.3238 before closing the week at 1.3269 area.
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GBP CHF trade

ogegod Posted 9 Sep.  in #Trader's blog
Hi traders,
I have entered a gbpchf buy trade order. I entered it this morning when the price closed above 1.2935 area which is the opening price of yesterday's daily candle. I expect the bullish momentum to push price towards my target at 1.3020 area. It may likely occur between today and Monday ending.gbpjpy is stuck in a tight area since yesterday evening. To give a good direction it has to break out of 136.50 to 135.50 area either to the up or down side.
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