We can see a relentless selling , purely from the bars. Also, the last rally, though strong, is basically a leg in a TR. Such legs often look like they gonna break out but they dont.
Worthy of note here, however, is the 50MA.
This is how we tackled it last week ---Sept12 - Sept16 :
GBPCAD: -
#1. Relax, and make money!
s3.amazonaws.com/tra...shots/d/DJKFrVD7.png
#2. Roughly 1hr left for me to take action on Pound cad entry --- I have planned the entries, and the exits. I think I must take some break here
#3. 10mins to go, 2 trades instituted - sellstop, and sell limit
s3.amazonaws.com/tra...shots/t/Tt7Kpoxr.png
#4. Im out, waiting for trade activation
bye!
hahahahah!
#5. sell stop activated!
Now, be prepared for intraday drawdowns
it doesnt matter!
Just fix ur mind
#6. Explosive!
s3.amazonaws.com/tra...shots/c/CfZVWoLt.png
#7. If u did poundcad on me, pls, kindly book now! we're hitting 1.7165000, until below it, just book now!, we can go in again later
You may want to turn to "Strictly Trade Calls Chat room" --- www.tradingview.com/chat/ to see how we do this again ;)
Thanks for like :peace:
Worthy of note here, however, is the 50MA.
This is how we tackled it last week ---Sept12 - Sept16 :
GBPCAD: -
#1. Relax, and make money!
s3.amazonaws.com/tra...shots/d/DJKFrVD7.png
#2. Roughly 1hr left for me to take action on Pound cad entry --- I have planned the entries, and the exits. I think I must take some break here
#3. 10mins to go, 2 trades instituted - sellstop, and sell limit
s3.amazonaws.com/tra...shots/t/Tt7Kpoxr.png
#4. Im out, waiting for trade activation
bye!
hahahahah!
#5. sell stop activated!
Now, be prepared for intraday drawdowns
it doesnt matter!
Just fix ur mind
#6. Explosive!
s3.amazonaws.com/tra...shots/c/CfZVWoLt.png
#7. If u did poundcad on me, pls, kindly book now! we're hitting 1.7165000, until below it, just book now!, we can go in again later
You may want to turn to "Strictly Trade Calls Chat room" --- www.tradingview.com/chat/ to see how we do this again ;)
Thanks for like :peace:
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