Gbp usd GBP Trading opportunities l Are you dwelling too much on Brexit ?

Gbp/usd pair has been looking for directions since last couple of months and any news out of BOE camp really dwell too much on its recent directions but short rallies are short lived and pair is back on the recovery mode for the rest of the trading session and if you look at daily, h4 & hourly chart, this situation persists on every time frame.

For me, pair has gone through its wayward time and looking for much higher levels in coming days or even months.

Looking to short term opportunity to Buy gbpusd

I'm hereby advising a very short term low risk reward trading opportunity. I have too much for this pair to go through headwinds but for me direction on weekly is straight forward and pair has post a low on weekly and daily time frame and now short time frames has to be supportive enough to follow the rallies on higher times frames.

Also Check :- How I manage to grab Bitcoin shorting opportunity to grab 700 Pips

Buy Gbp usd @ 1.2841
Stop @ 1.2820
Target Ist @ 1.2940
Target second 1.2990
I would update the blogpost for a view on longer time frame and would like you to take or grab this low risk reward opportunity.

usd bears are looking for massive opportunities to short dollar against Euro

Euro is still in quite consolidate mode but it won't be for longer periods . We have witness massive shorting opportunities at the release of non-farm payroll data but Euro somewhat recovers and all other Usd crosses end the day on high . I would bet on Euro as there were strong bear run in the other crosses but Euro has somewhat outperform specially during last week crash of Forex Market which was massive.

Euro long opportunity will be good to test atleast 1.1900 levels in the coming weeks, so not only for position traders but for scalpers its time to keep trailing the stops with a good risk reward opportunity on the cards.

Also Check :- Pdf to my trading strategy

Euro Buy @ 1.1410
Stop @ 1.1320
Target 1st 1.700
Second 1.1900

Keep trailing your positions when price breach 1.1550 levels.

Bitcoin trading technicals Short term trading opportunities in cryptos

I have never update my blog to advise to trade any crypto specially bitcoin but technical trading providing opportunity in Bitcoin and it could be best trade of the end of 2018 and also going into first quarter of 2019

Trade goes like this

Sell Bitcoin 4300
stop @4470
Target 1st 3700
Second 3400

Stay tuned for updated chart

Usd shows signs of strength against yen crosses gbp/jpy low risk buy opportunity.

We have seen yen crosses losses against most crosses on Thursday except against pound but things are expected to change a lot with the target eyeing yen crosses to move higher on Friday. Gbp/jpy lost the most during the Europen session on Thursday & we'll target recovery amid low volitality & trend is bullish on some of the pound crosses against its counterparts.


buy gbp/jpy @ 144.44
Stop 144.10
Target 147.40

Forex Price Action means understand the PA & look for risk reward

Forex trading is all about limiting the risk & get the best of the trades with a limited opportunity is in sign in a week. But if you target only few pairs & price Action on hourly and below, then probably you are on the right path. Looking too long time frames requires much larger stops, even target is very good and trend is with the entry. But trade like such are quite rare & lot of drawdown is seen on the table if you look to overtrade to compensate for your earlier losses.

Take a look at the chart below. Price has already engulf the earlier flag & now will fake out the support as it has falling short of earlier starting point of decline. PA stands for long opportunity near the level mentioned below. Well worth to take the opportunity with such a small stop & very six times reward. I'll update the blog again once entry is taken & this trade is valid for only 24 hours & let see if we can grab this opportunity tomorrow.

Pending Buy limit of Nzd/usd @0.6333
stop 0.6327
Target 0.6366