Banks are accumulating Long positions

2019年7月16日

GBPUSD has droped again to the bottom of the wedge channel. As I mentioned in my weekly video analysis.
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The banks has started accumulation longs in the last 3 weeks. And they had extreme shorts positions which they have to close. where they closing shorts on the bottoms always. There we are now. Another thing is that today is Tuesday the day when they will report the positions so they will hold the longs overnight to report big shorts which will confuse many traders. I expect since tomorrow the GBP will be strong,

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2019年7月16日

註釋

2019年7月17日

交易進行

New Trade 117
GPBUSD Buy around 1.24
SL1.23415
TP 1 1.251
TP 2 1.266

Risk max 1-1.5% per trade by adjusting the position size.'
Pips risk distance is around 80 pips.

2019年7月17日

註釋

GBPUSD
Look how was the price maintained on the fake support than on the Frankfurt open price dropped down to the liquidity = stop losses and now its quickly moving up. We will possibly see move up from here after the liquidity reloaded. lets see.

2019年7月17日

註釋

Now these articles being released

Investing dot com UK
Pound Could Plunge to Parity Against Dollar on a No-Deal Brexit

Bloomberg Markets
The pound may fall to parity with the dollar on a no-deal Brexit, according to Morgan Stanley

Why?? because the banks wants you to Sell so they can buy.

2019年7月17日

註釋

Momentum is growing


As explained in my stop hunt educational post after stop hunt momentum is fastest.

2019年7月18日

註釋

Nice momentum is rising

2019年7月18日

註釋

Take profit 1 reached move SL to BE