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

16 août 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 août 2016

Note

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 août 2016

Note

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 août 2016

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Sell the pullbacks from this position.

17 août 2016

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

17 août 2016

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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 août 2016

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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 août 2016

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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 août 2016

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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 août 2016

Trade fermée manuellement

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 août 2016

Note

Looks ominous for a big upmove on the daily.

17 août 2016

Note

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