Ivolux's Blog

Avatar

GBPAUD Weekly reversal

Today I`m looking at any reversal opportunities on weekly charts. GBPAUD is the largest mover last week so I`m taking litlte reversal move against last weeks bearish direction.
Trade idea: BUY GBPAUD @ market SL 2.0400 TP 2.0550
Read full story
Translate to English Show original
orto leave comments
Avatar

Weekly reversals

Its the weekend so it give me opportunity to look on weekly charts and see is there any potential reversal moves coming up on Monday.
GBPJPY and GBPAUD weekly charts looks like a good candidates with both currency pairs dropped more than 350 pips last week.
Trade idea: BUY GBPJPY and GBPAUD @ market on Monday morning (if there is no weekend gap) with 50 pip TP and 100 SL
Read full story
Translate to English Show original
orto leave comments
Avatar

Weekly Reversals

Last week we had some strong moves on many AUD pairs. As always I like to go against the grain at the start of the week. SO preparing some Longs on GBPAUD, EURAUD pairs as long as there are no large opening gaps on Sunday night.
Trade idea: BUY GBPAUD and EURAUD @ market open with 50 TP and 100 SL
Read full story
Translate to English Show original
orto leave comments