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EURGBP CT Buy

by Daniel L, October 17, 2022

EUR/GBP M15 Countertrend trade based on GBPNZD temporary discount

by Daniel Leutle October 17, 2022

3
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EUR/GBP

|

Long

|

M15

Timeframe:

M15

Analysis Method:

Countertrend trade based on GBPNZD temporary discount

Analysis:

Countertrend trade based on GBPNZD temporary discount

Trade Plan:

Hold to TK or Stop or manually exit 30 before NY Empire State Manufacturing Index (Oct)

Risk Management:

Hold to TK or Stop or manually exit 30 before NY Empire State Manufacturing Index (Oct) 3R

Things To Watch For:

NY Empire State Manufacturing Index (Oct)

LEAVE YOUR COMMENT HERE:

View previous comments

  1. stopped out. Buyers did not come through. meaning GBPNZD buyers did not get the expected discount. The next speech is ECB’s Lane Speaks at 18:00 will read chart 30 minutes before to see if there is a Buy opportunity.

    1. I have read price 30 minutes before speech and sellers were aggressive below T2 S1V1 max price. There was no sufficient data to trade S1V2 and at 18:00 i did not monitor price development. Congratulations to those who got in the buy. even if i got the price i would be out by 22:00 and my stop and entry would be illogical.

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