myTradingWeek
Active member
- Messages
- 100
- Likes
- 0
Overview of Predictions June 10
Prediction: GU had a run up after hitting good support but is up against some h4 resistances…we are slightly bullish with 4605 being a key level, if this is broken then some move long is coming…we have resistances at 4605 and higher up at 4670, with supports at 4545/40 and lower at 4475/80 with a key level at 4450…Trend top and key level, scalp the rest…
Results:
1. Short @ 4605, DD: 14 pips; MP: 40 pips. This was a scalp that missed our SL and hit TP for 20 pips.
2. Short @ 4670, DD: 25 pips; MP: 15 pips. This was a trend level that stopped us out for -25 pips.
Overall Profit/Loss: -5
Pips this Month: +425
Overview of Predictions June 11
Prediction: Our outlook has turned bullish on GU after fibo bounce a few days ago (will post weekly overview on this) we have supports at 4645 and 4605/10 with resistances at 4760/65 and higher up at 4850 which will be a very strong resistances in our opinion. Trend long and scalp short….4850 could also be treated as a trend level…
Results:
1. Short @ 4758, DD: 0 pips; MP: 200+ pips. This was our scalp level that we entered with our exception (price hit 4759 on our charts) and price quickly moved for a 30 pip profit.
2. Long @ 4645, DD: 25 pips; MP: 15 pips. This was our trend trade that stopped us out for a 25 pip loss…
3. Long @ 4605, DD: 25 pips; MP: 0 pips. This trend trade stopped us out as the market was in a big sell-off on Friday…(we noticed h1 candle formation on H1 TF after London open that there would be a major sell-off but we try not to change these levels….
Overall Profit/Loss: -20 pips
Pips this Month: +405
Prediction: GU had a run up after hitting good support but is up against some h4 resistances…we are slightly bullish with 4605 being a key level, if this is broken then some move long is coming…we have resistances at 4605 and higher up at 4670, with supports at 4545/40 and lower at 4475/80 with a key level at 4450…Trend top and key level, scalp the rest…
Results:
1. Short @ 4605, DD: 14 pips; MP: 40 pips. This was a scalp that missed our SL and hit TP for 20 pips.
2. Short @ 4670, DD: 25 pips; MP: 15 pips. This was a trend level that stopped us out for -25 pips.
Overall Profit/Loss: -5
Pips this Month: +425
Overview of Predictions June 11
Prediction: Our outlook has turned bullish on GU after fibo bounce a few days ago (will post weekly overview on this) we have supports at 4645 and 4605/10 with resistances at 4760/65 and higher up at 4850 which will be a very strong resistances in our opinion. Trend long and scalp short….4850 could also be treated as a trend level…
Results:
1. Short @ 4758, DD: 0 pips; MP: 200+ pips. This was our scalp level that we entered with our exception (price hit 4759 on our charts) and price quickly moved for a 30 pip profit.
2. Long @ 4645, DD: 25 pips; MP: 15 pips. This was our trend trade that stopped us out for a 25 pip loss…
3. Long @ 4605, DD: 25 pips; MP: 0 pips. This trend trade stopped us out as the market was in a big sell-off on Friday…(we noticed h1 candle formation on H1 TF after London open that there would be a major sell-off but we try not to change these levels….
Overall Profit/Loss: -20 pips
Pips this Month: +405