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  1. Lee-Bax

    EURGBP Thread

    The sell on EURGBP is still going to plan. Currently 170 pips up in price. We have seen price action drop through trend and currently sat at a zone of support. i still think we could reach target. Wether we just continue to drop or we retest the broken trend remains to be seen. Running risk free...
  2. Lee-Bax

    Is BTC Reloading?

    Ive entered fresh longs on bitcoin for an intraday trade. The two candle stick pattern was a signal for me to buy. We had a small drop in price then got a bullish Doji candle followed buy a bullish engulfing candle with a big bottomed out wick. Thats a big buy sign for me. Im already risk free...
  3. Lee-Bax

    GJ Bull?

    Hope everyone had a good week. Time for weekend reflection and check in on some setups. Back at GBPJPY price came very close to the stop loss area i had marked out. Trend is still holding which is a nice sign. hopefully we will see some bullish movement from this pair again soon. Im waiting for...
  4. Lee-Bax

    AUDUSD Decisive week for bull continuation

    Been a good few days since i called the buy again on AUDUSD , we have a little dip in price but it didnt hit the stop loss. Seems that multiple confluence zone cirlced held quite well. We are ever so slightly in profit currently so keep holding if you took the trade with me. the 0.70c zone is...
  5. Lee-Bax

    Is BTC Reloading?

    We havent seen much movement with bitcoin this week really. NFP didnt really affect the asset yesterday either. But one thing i notice is that recently every time it comes down to 9K or just below we get a rejection, seems to be a good strong support level . Again i look back at the previous...
  6. Lee-Bax

    EURGBP Thread

    Since monday i called the sell on EURGBP we have made good ground of 130 pips. By now you should be moving your stop loss to entry point and taking half of your position off. banking the profits and let the rest run. As now we have reached a small support shelf that needs to break to make...
  7. Lee-Bax

    EURGBP Thread

    Ive taken a short on EURGBP , weve seen a deep retrace in price from the previous high on this pair. The .618 fib level is a perfect point to take a short from this type of move for me. SL is fairly small just under 70 pips im targeting that mid level of support at 0.8865 with a nice R:R ratio...
  8. Lee-Bax

    AUDUSD Decisive week for bull continuation

    New week upon us traders. Checking in on AUDUSD to start the week. We have had a little pullback in price but so far thats all it is. The trend is holding still and the .236 fib level. which has actually correlated with the trend and top of the channel for a multiple confluence trade. If price...
  9. Lee-Bax

    Is BTC Reloading?

    Well i hit a SL on Bitcoin . Only 1% lost so nothing to cry about. Are we about to break structure? we have created a lower low and what looks to be w lower high also. Plus if we get an EMA cross here which looks to be forming it might signify some downwards movement. For me to sell id like to...
  10. Lee-Bax

    Gold Buy Op's

    Its been a long time since ive looked at gold . It still looks to be very bullish obviously. I dont think we will see below 1700 for a long time. The world is in trouble with fiat money and Gold is the biggest physical insurance policy there is. i can see it being pushed up even further. so the...
  11. Lee-Bax

    GJ Bull?

    Im still bullish on GBPJPY . Ive hit stop loss twice on this pair in recent times. but again that’s ok because that is why we practice risk management. Ive got two trades ive lined up here. Obviously today is risky to enter because its friday and means holding over the weekend. So ive entered a...
  12. Lee-Bax

    Is BTC Reloading?

    Bitcoin gave us a little fakeout there it seems. Or was it respecting this big wedge formation? Im constantly looking at all angles and possibilities whilst trying to keep clear minded of the bigger picture. We did get a breakout of a smaller wedge formation, but we soon came crashing back down...
  13. Lee-Bax

    Is BTC Reloading?

    Monday i gave us a wedge breakout formation. This type of trading is fairly simple to trade. You set stop limits above and below the wedge , so im hoping that some of you did this and caught the move we’ve seen since then. Its quite clear its a bullish momentum, also with USD becoming weaker and...
  14. Lee-Bax

    EURAUD Journal

    New week begins and having a look at EURAUD today. Last time i looked i was looking for the sell from the trend and small supply zone . But price had more momentum so i hit SL on this one. I guess i should of waited as it came up and hit my blue circle perfectly. more patience pays always, but...
  15. Lee-Bax

    Is BTC Reloading?

    Good morning, new week upon us traders. Bitcoin to me looks like its coming to decision time in technical terms. Price has moved sideways and now were getting squeezed into this wedge . The .236 fib looks like its holding but price is sitting under the EMA's so it can go either way for me. which...
  16. Lee-Bax

    GJ Bull?

    SL was hit on GJ but thats perfectly ok as thats why we practice risk management. I wont be entering again until i see a break above the resistance level of 136.00, then ill buy on the retest of that break above. Most other pairs have been quite quiet this week not much movement, GJ being the...
  17. Lee-Bax

    Is BTC Reloading?

    Still holding longs on BTC . The chart im seeing is pointing to a move upwards. We’ve got what looks to be an inverted H+S , it might be a messy one but the general shape is there and we have our neckline. We’ve made a higher high and higher low. So now we just wait for the neckline to be broken...
  18. Lee-Bax

    EURGBP Thread

    We have been selling EURGBP for small positions for a couple of weeks now. But i think its time to go for a longer term short. We can see that price has respected the uptrend many times. It showing good strength, but also this resistance level has held price well also. In my opinion i think we...
  19. Lee-Bax

    Is BTC Reloading?

    We were looking for the intraday sell last time we looked at BTC . After the initial drop we were looking to sell the bearish pennant . It offered a few hundred pips on the initial drop , but as we can see price rejected right off that little support zone and wicked right out. That was your...
  20. Lee-Bax

    Is BTC Reloading?

    Well BTC has shown us its first weakness in recent times. Price has broken down and below the trend. Price currently sits between 100+200 ema , price action is showing us a bearish pennant , so bias would be for a sell for the intra day traders. The question is where will we find support for the...
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