Swing Trading FX Markets | GBPNZD Future Moves
Hey Traders,
It's vital to be able to draw and understand the long term market in any currency pair.
That's what allowed me to call it short several times in the recent past and is why I covered it here:
That's because it gives you a gauge of where there is short value and where there is long-side value. This is what professionals and institutions do alike. They are always understanding where long term bias exists.
It's important to remember exiting shorts is effectively a long bias, exiting longs is therefore a short bias.
Do not get mixed up. I'll make it clear in this 15 minute rundown of the full market over all higher timeframes.
It's vital to be able to draw and understand the long term market in any currency pair.
That's what allowed me to call it short several times in the recent past and is why I covered it here:
That's because it gives you a gauge of where there is short value and where there is long-side value. This is what professionals and institutions do alike. They are always understanding where long term bias exists.
It's important to remember exiting shorts is effectively a long bias, exiting longs is therefore a short bias.
Do not get mixed up. I'll make it clear in this 15 minute rundown of the full market over all higher timeframes.
Nota
Entered Long.Nota
TGTs at next weekly resistance.Nota
dipping to second layer of support, still ideal for entries.Nota
TGT comes 2.07 areaNota
Holding long into the weekend.Nota
More Prolific news in later stages of week. Holding swings with new updates as we get closer.Nota
Trading GN? Well, ya better watch. Next week could get hairy if you are not on the right side..Nota
Open is up. Holding longs.Nota
Watching closely. You can see the market absorbing. Very frequent in fX markets that it takes time to get fruition after reaching key pa zones.Nota
Falling further but not willing to add just yet, further fall needed (dca).Nota
Also planning hedges higher (risk control). Do not pretend we cannot get lower than we are (we can)Nota
Minor bounce from Key Long zone. Ideal for entry conf and buy backs via 5m fall.Nota
Maintaining long bias.Nota
Bounce across GBP pairs. Swing exits circa 2.07. Lock in gains 5 m Dips.Nota
Looking for RE longs 2.008Nota
And RE shorting 2.04Nota
Longs planned ahead via DCA 2.008Nota
Entered short circa 2.04 light.Nota
Maintaining short bias (light and early)Nota
Exit shorts for gains.Nota
Holding off longs.Nota
Exiting further shorts, still holding off longs.Nota
Don't want to buy until nearer 2.00Nota
Minor longs OK. Further entries as above^Dagangan ditutup: sasaran tercapai
Should now be out of All longs for gains.
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Posts Not financial advice.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Free Pro Multi Asset Trading Guide:
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.