GBP 0.00% 0.7573 british pound sterling

Forex Day Trading - London

  1. 12 Posts.
    Gday everyone... if anyone is listening haha.

    Tuesday! Beginning of the trading week for me.

    Has been a solid month. the moves have been small and are taking a long time to play out at times often doing there thing during NY but the Pips are there so i can't complain. Trading between 70% - 80% link below
    https://jack2012.tinytake.com/sf/NDAwMjAzXzIyMjM3MTQ

    For tonight's session I will be keeping my eye on:
    GBP/USD
    GBP/JPY
    AUD/USD

    Just did a quick analysis on the GBP/USD although much can change from here as we still have over 1hr until open. Link to screenshot below. Chart shows 1hr timeframe.
    https://jack2012.tinytake.com/sf/NDAwMjA4XzIyMjM3Mzk

    1. Strength, although it might not look like it on the 1hr if you really look in there on a smaller timeframe its large buying.

    2. Weakness from here will be enough for me to leave this pair alone tonight.

    3. Fib retracement to here with strength is what we are after. Pound news might give us the retracement. keep in mind the levels of the fib might change after London open.

    4. Uptrend. Beginning of the reversal? Background shows some accumilation..

    Again feel free to contribute your own opinions and ask any question and can someone tell me if the links are working? Thanks.
 
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