GBPJPY be ready to short at pinbar rejection at top of kumo

16 sie 2016

Be ready to short on any pin bar reversal at top of cloud although there looks to be a short term sell entry currently forming with the current candle (bearish engulfing).

16 sie 2016

Uwaga

Take a look at the big picture and past bearish kumos the rejection patterns with this pair on the 1 hour tf they are very clear but always be ready for a breakout to the upside.

16 sie 2016

Uwaga

I recommend a small sell position now and a larger sell position if there is a pin bar rejection and cs is rejected from below cloud.

17 sie 2016

Uwaga

Sell the pullbacks from this position.

17 sie 2016

Uwaga

Waiting on a doji or reverse pinbar for a big sell signal.

17 sie 2016

Uwaga

Would not be a bad idea to take some profits now, price may exit the cloud and go up but I would still be looking for a pinbar reversal at that point as I wouldnt expect price to break this line of resistance around 131 280.

17 sie 2016

Uwaga

If cs breaks above cloud this is the signal for going long, but there is still a big possibility of reversal, watch the candles.

17 sie 2016

Uwaga

We have had a very short breakout from the cloud which did break through that resistance level, I am currently short, still anticipating a big move to the downside below the cloud.

17 sie 2016

Uwaga

Finally this trade is back in profit, hopefully now we will continue all the way down.
Not the way most of my trades play out usually I am out fast.
Most of this mornings profit opportunities I missed due to being away from the computer.

17 sie 2016

Zlecenie zamknięto ręcznie

Made some small gains to make up for earlier losses on this trade.
Closed this trade not prepared to leave it overnight, might take a small sell position.
We are almost certainly on the way below the cloud.

17 sie 2016

Uwaga

Looks ominous for a big upmove on the daily.

17 sie 2016

Uwaga

We are going down below cloud my advise is wait for new candle below cloud and sell.