GBPUSD Week 28 Swing Zones

7 Jul

Week 27 saw a good bounce on calculated levels for Pinchpips of +142pips.
Week 28 levels are set as indicated: looking for bounce on the 5mins chart
SL remains at 10-15 pips.

8 Jul

Nota

Here we go. Entry @ 28445. SL 10-15pips
Pinching +10pips

8 Jul

Nota

Pinching +30pips.
Move SL to BE

9 Jul

Nota

Pinching +40pips.
Move SL to +10pips

9 Jul

Nota

Pinching +50pips.
Move SL to +20pips

9 Jul

Nota

Pinching +60pips.
Move SL to +30pips

10 Jul

Nota

Trade closed.
Pinched +30pips.
Will look for a double top at upper swing zone

11 Jul

Nota

Double top formed at Swingzone, however no entry as market nears close of business. Usually double top should form on next day during high volume periods.
Consequently will be looking for sell setup around 28700

11 Jul

Nota

Entry @775
SL 10-15pips

11 Jul

Dagangan ditutup: hentian tercapai

SL @-10pips
2 Trades: +30/-10
Pinching 20pips for the week

11 Jul

Nota

Entry @9458
SL 10-15pips
Pinching +30pips

11 Jul

Nota

iTP(Initial TP) is usually calculated as price moves in our direction.
For the current trade, Tuesday's Low is a starting point.
There's a zone that wasnt filled.
Might not happen today, but the US PPI news tomorrow might be that push
Move SL to BE

11 Jul

Nota

Pinching +40pips
Move SL +10pips

12 Jul

Nota

SL hit @+10pips
3 Trades: +30/-10/+10
Looking for double top @ Thursday's high

12 Jul

Nota

Price break past Thursday's high.
We are at the 700's zone once again for sell setup and possibly final trade for the week.

12 Jul

Nota

Entry @9745
SL 10-15pips

12 Jul

Nota

Tight stops.
Move SL to -5pips
iTP +30pips

12 Jul

Nota

Its a wrap for Week 28
4 Trades: +25pips
Week 29 next
Have a good weekend