ridethepig | Teeing Off in GBPUSD
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📌 ridethepig | Teeing Off in GBPUSD
After an interesting Asian session the unlikely looking manoeuvre is preparing to unfold. Why? Because sharp speculators are already beginning to outguess the dovish BOE and directionally are flooding back to USD. A very similar setup to the one we traded in the middle of December flows:
Large macro players have been spotted on the offer, a few moves later and we can be back at 1.313x in little time. Things that develop thereafter will be interesting, for now let's play the initial leg down trapping the unaware buyers who are protecting GBP. Swing the club, and don't mess it up!
Thanks for keeping the feedback coming 👍 or 👎
After an interesting Asian session the unlikely looking manoeuvre is preparing to unfold. Why? Because sharp speculators are already beginning to outguess the dovish BOE and directionally are flooding back to USD. A very similar setup to the one we traded in the middle of December flows:
Large macro players have been spotted on the offer, a few moves later and we can be back at 1.313x in little time. Things that develop thereafter will be interesting, for now let's play the initial leg down trapping the unaware buyers who are protecting GBP. Swing the club, and don't mess it up!
Thanks for keeping the feedback coming 👍 or 👎
Not
One way traffic...Not
We are testing 1.361x previous support, lets see if it turns resistance:Not
Time to start thinking about trailing and clearing our positions if we breach back above 1.361x for NY.Not
Sellers starting to lose control as anticipated after losing 1.361x with NY today. This looks like it will end in a scratch trade. We can update the chart tomorrow after we clear UK inflation.İşlem elle kapatılmış
Overshoots in UK inflation and we are set for the breakup. All positions cleared on the trail.
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.