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    Thread: dzin4aans' trading journal

    1. #2331
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      Quote Originally Posted by forexianz View Post
      It is weird that the GU moves in upwards. I do believe it is all about trend. We can see at higher timeframe that the trend in GU is still bullish. So we just need to find opportunity to make buy order. I hope and wish your GU will turn in positive. If you are not confident that the price will not move downwards, then you just close your position in EU and GU simultaneously. Best of luck!.
      i think from the trend analysis the GBPUSD should have moved in the bullish direction, if you check out the 4 hour chart you will find out that the market broke a ranging market pattern and that's what caused the bearish trend and on normal basis it should have turned bullish to get to the resistance before turning bearish again, so i think placing a pending order just below the current price might later turn out to yield a good result.


    2. The following 9 users say Thank You to kanyB1 for this useful post.

      Batavia (03-13-2018), dzin4aans (03-13-2018), kazol76 (03-13-2018), Unregistered (6)

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    4. #2332
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      The week is quite so far because there is no big news hit the market which can move it quickly. but it's does't mean that this week will be boring for traders. there are some very important news are due in this week which can easily create opportunities for us. we need to wait for the opportunities and then take full advantage from them.
      GBP Annual Budget and US Inflation Report are the big events of this week which are really important for everyone. both events can move market quickly and we have to be very careful during these events. keep your eyes open during events to avoid any mistakes and don't miss the opportunity.


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    6. #2333
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      yes the gbp annual budget will move the market for sure. but pending that time i expect gbpusd to drop a bit. i will particularly be waiting for bounces to sell the pair. gbpjpy seems to have resume the up move. what do you think?


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    8. #2334
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      GBP, USD, CAD and CNY have high impacted news today so I think when it happen then market will move huge in market, GBP have Annual Budget to release and it is high impact the market many news published site says so I think now GBP in small uptrend but when news will publish then it will move any direction very fast so need good information to be in right direction I think. on the other hand USD have CPI and core CPI monthly news for impacted so I think it is clear that GBP with USD pair move today nicely. information can make our trade in right and profitable mode. stay secure friends. thanks


    9. The following 10 users say Thank You to kazol76 for this useful post.

      Batavia (03-13-2018), Cookie (03-14-2018), dzin4aans (03-13-2018), Leonvic90 (03-13-2018), Neriah (03-13-2018), simisola (03-13-2018), Sixteen (03-13-2018), Ulthred (03-13-2018), Unregistered (2)

    10. #2335
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      @ralph: i want to believe that gbpjpy has power to go to the upside having slashed through the 148 barier. i am taking this as a long term trade and targeting above 150. gbpusd, however, is a kinda going to retrace to around 1.3780ish area.


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    12. #2336
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      Let's be hopeful that some fundamental forces comes to push GBP further up because that pair haven't really moved much, although am still holding gbpnzd buy and eurgbp sell both trades on a daily time frame. I see a more bullish Power ahead of gbp pairs by the time the news is released.


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    14. #2337
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      how about UJ, is it anyone have analysis this pair, my prediction of this pair is bearish after touch 107.42 this pair will down and i think for any members here have a different analysis lets share your have

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      Gbp usd seems like what would range today, it had a good amount of pip movement yesterday and that is why we are seeing this sideways movements, I believe that we will see a great volatility once the news that will push it comes out, I am thinking that price will go back to 1.3915 that was the highest point in yesterday's climax, I think that it will hit this area and make another retracement, unfortunately and fortunately, price has shot up because of the news.

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      Quote Originally Posted by simisola View Post
      Gbp usd seems like what would range today, it had a good amount of pip movement yesterday and that is why we are seeing this sideways movements, I believe that we will see a great volatility once the news that will push it comes out, I am thinking that price will go back to 1.3915 that was the highest point in yesterday's climax, I think that it will hit this area and make another retracement, unfortunately and fortunately, price has shot up because of the news.
      I just checked it now, it is not ranging, it just broke a resistance trend line and we know when such happens it means that price is about going up. Well, To my best of understand so far so good, I think it is about resuming the uptrend we have on the daily time frame, if I am to trade the pair now, I will only buy it.


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    20. #2340
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      It is interesting seeing what happened with the price of GBPUSD, the news that was released must have been very high for this pair to break all the previous resistance, that is how the Forex business can behave, it is unpredictable, many people did different predictions before the week began and by now we already know who are those that are right and wrong, gu has moved too far now and anyone that is making plans to buy must need to wait for a retracement, entering now without that pull back my lead to losing, we should definitely expect surprises in the Forex market, this is why we need money management for staying safe all the time, this is how we can become good and successful.


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