A Bear Trap Is About To Trigger A Buy Setup In GBPUSD Pembelian

British Pound/U.S. DollarFXCM

Deskripsi

⋅ 28 Jun 2015 pukul 21.57

We had a gap down and a reversal that give way to a high probability long setup.
Risk reward is more than 1on1 and the setup's probability is gonna compensate for the its low amount.

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Komentar

IvanLabrie

⋅ 28 Jun 2015 pukul 22.24

Good one, I'd rather wait for the top to short it here, then buy a larger correction.

DavoodWadi

⋅ 28 Jun 2015 pukul 22.37

I always remember you for being conservative

IvanLabrie

⋅ 28 Jun 2015 pukul 22.38

I can't sit and watch what London traders do, so I only play very safe bet daily setups, or intraday trades during NY.

Check out usdjpy for a buy btw, I think this is an abc down, almost done.

DavoodWadi

⋅ 28 Jun 2015 pukul 22.41

Good catch.
I guess everything is reversing this week, filling the gaps.

IvanLabrie

⋅ 28 Jun 2015 pukul 22.41

GBPJPY, expanded flat C down?

DavoodWadi

⋅ 28 Jun 2015 pukul 22.47

If so we'd be having a really big C wave, exceeding 2.618 projection of A.
Nevertheless a bullish Island Reversal is shaping.

IvanLabrie

⋅ 28 Jun 2015 pukul 22.49

IvanLabrie

⋅ 28 Jun 2015 pukul 22.50

I think it's worth it to buy in, the Nikkei hasn't topped yet.

DavoodWadi

⋅ 28 Jun 2015 pukul 22.51

Good Luck Ivan,
I'd personally go to lower time-frames for entry trigger.

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