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GU - GEARING UP FOR BEAR RUN
GBPUSD
, 60
Short
GBPUSD: GU - GEARING UP FOR BEAR RUN

Looking over the chart after exiting my short position in profit. 1.26000 - 1.26500 acting as a strong support at the moment and can see this area was previously a strong resistance zone. I am looking for the short from this zone. There is some danger that 1.26 will act as a support (basic lesson: Resistance turns to support). What are your thoughts?

GU - Restest of support?
GBPUSD
, 15
Short
GBPUSD: GU - Restest of support?

Prepping the GU chart for the coming week. Previous plan of using 1.26 as a key area of support was correct, 1.271 forms new resistance zone. Therefore forming a dynamic resistance trend line if price respects this area. Thus giving GU a few options: Use previous previous 4hr support (during sideways movement) as support for an immediate bull run, which uses...

GU - Short
GBPUSD
, 240
Short
GBPUSD: GU - Short

Bias - short; news events today and overall formation showing a short position is best. News tomorrow anticipated to be in favour of US. Break current zone confirmation required for risk adverse traders before TP being hit at next support zone ... Let us see ...

GU - Lomg
GBPUSD
, 240
Long
GBPUSD: GU - Lomg
Updated 

See chart for trade analysis ... What do you guys think?

EurUSD - Long
EURUSD
, 240
Long
EURUSD: EurUSD - Long

First time trading this pair so kept a very basic outlook on this. 4 Hr time frame - dynamic tend line support formed. 4 Hr Stoch supports buy position News incoming from US deemed to push USD into a bearish momentum

GU - Long
GBPUSD
, 240
Long
GBPUSD: GU - Long

Enjoying this trade - previous supports acting strong, retracement may see support turn into resistance but for the mean time enjoying the profits.

GU - Short Success
GBPUSD
, 240
Short
GBPUSD: GU - Short Success
Updated 

Shorted this pair on Friday and saw TP hit this morning Not sure about set up today - waiting to see confirmation

GU - FriYay Strategy
GBPUSD
, 60
Short
GBPUSD: GU - FriYay Strategy
Updated 

Bought the uplift and then sold on the return of the downtrend. My strategy follows the stoch indicator and the EMAs - nice and simple.

GU Long
GBPUSD
, 240
Long
GBPUSD: GU Long
Updated 

Trading the test of resistance, overall bias for long term trades is to short but for todays day trade going long to catch a few pips and then return to the downside trading. Trade open for 45 mins currently and already in profit.

GU - Long
GBPUSD
, 60
Long
GBPUSD: GU - Long
Updated 

Nice simple set up - channel support hit now to test the resistance.

GU -Short
GBPUSD
, 240
Short
GBPUSD: GU -Short
Updated 

Keeping it simple as always - clear downtrend channel trade.

GU Buy - Previous resistance broken
GBPUSD
, 240
Long
GBPUSD: GU Buy - Previous resistance broken
Updated 

Breakout buy - risky trade and will be closing as soon as price consolidates

Channel Trading - Again
GBPUSD
, 240
Long
GBPUSD: Channel Trading - Again
Updated 

A quick scalp this morning - planning to hold whilst the stoch supports the trade. Trade most likely will be closed just before BoE news. Weekly Pip gain: +40 pips +56 pips +80 pips +66 pips +50 pips +50 pips Total: 342 PIPS

GU - Channel Trading
GBPUSD
, 240
Short
GBPUSD: GU - Channel Trading
Updated 

Simple channel trading for the day trade today - price has respected the channel support and resistance, stoch confirms position as well as EMA acting a dynamic resistance.

GU - 4 hour scalp to see resistance on EMA
GBPUSD
, 240
Long
GBPUSD: GU - 4 hour scalp to see resistance on EMA
Updated 

Quick scalp to test the EMA as a dynamic resistance zone ... Trade in profit

GU Scalp
GBPUSD
, 1D
Short
GBPUSD: GU Scalp

Scalp trade to the downside - looking on daily chart for possible upside movement

GU - Buy
GBPUSD
, 1D
Long
GBPUSD: GU - Buy
Updated 

Working off simple chart dynamics - Resistance forms support and stoch justifies buy trade. A little early off the EMAs but a risk managed is a risk worth taking

GU - Short
GBPUSD
, 240
Short
GBPUSD: GU - Short

Looking at the channel trade - bullish trend pulled out the dynamic resistance and now price is retracing ... 50 EMA looks to confirm pull down from 150 EMA after 4 hour candle close (got to wait this one out ...) Major rejection seen at 1.21249; looking to build gravity from this

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