Discussions

British Pound / U.S. Dollar forum

yesterday

Hello Traders,
I would like to share my daily analysis and quality intraday setups for different assets such as XAUUSD, EURUSD, US30, USDJPY, GBPUSD.
Please feel free to ask any questions. I am here to help you. Lets learn together.

yesterday

💠 GBPUSD Intraday Trade Setup

🔹Buy Setup

Entry Price: 1.24909
Stop Loss: 1.24700
Take Profit 1: 1.25250
Take Profit 2: 1.25580

Reason for Entry:
The entry aligns with a strong Fibonacci retracement support zone around 1.24909. Price action indicates bullish rejection at this level, suggesting a potential move toward key resistance zones.

🔹Sell Setup

Entry Price: 1.26188
Stop Loss: 1.26400
Take Profit 1: 1.25850
Take Profit 2: 1.25490

Reason for Entry:
The entry is positioned near a significant daily resistance level and Fibonacci extension zone around 1.26188. This area has shown strong selling pressure historically, increasing the probability of a bearish reversal.

7 days ago

Think of losses as valuable lessons rather than failures. Analyze your trades, learn from your mistakes, and adapt your strategy accordingly. The most successful traders are those who continually evolve and learn from their experiences.

GBPUSD Trade Idea

Sell Trade Setup (Intraday):

Entry: 1.26618
Stop Loss: 1.26668 (+5 pips)
Take Profit 1: 1.26518 (-10 pips)
Take Profit 2: 1.26418 (-20 pips)

Risk: Reward = 1:2, 1:4

Reason for Entry:

Price at key resistance confluence
Multiple resistance levels stacked above entry point
Clear invalidation level for stop loss
Strong technical structure for downside targets
Price showing signs of rejection at higher levels

Note: This is a trade idea, not financial advice. Always manage your risk and position size according to your trading plan.

Nov 14

Intraday call Eurusd and Gbpusd….

Buy Max Eurusd 1.0497 range to New high 1.0568 1.0600today....

Buy Max Gbpusd 1.2630 range to New high 1.2717 1.2750 today....

Oct 2

selling can be here due to strong fundamenal

Sep 9

"Welcome to SkyTradingZone "

Hello Everyone 👋

Support Levels:

S1: 1.3043
S2: 1.2664
S3: 1.2298

Resistance Levels:

R1: 1.3265
R2: 1.3409

Sep 2

Anyone Join With Me

Jul 29

tradingview.com/x/KPppKyOe/
Great Long setup for GBP/USD as the overall market structure is bullish for past few weeks and not 1week back it showed some correction to the fib 0.5 to 0.618 golden region and it showed great support there from here the market will continue tis bull rally to the fib extension 1.618 area thus great trade to be in it.

this is purely based on technical analysis and i had not considered any news events and other global factor in it. the target is based on the fib extension tool but it is a big target so this trade could take more than 1 week to achieve but the risk reward is really great 1:4 as i had set my stoploss below the golden region and 100 ema.

hope you could also see and understand the setup and be the part of this magnificent trading setup. In image you could also see a trade take past few days earlier in which market has to come to golden region support to continue its bull rally thus taken short position 1:3 risk reward trade and achieved within the week.

i believe in trade setups which are 1-day timeframe or 4-hour or 1-hour minimum, as i am not a day trader i am a swing trader and this is the swing setup.

i hope you understand the setup and the logic behind this trade and you could do more research and also able to grab this opportunity.

Jul 11

Every Top Sell GBPUSD and in the evening Waterfall, Today is CPI, Manage your Risk Management

Jul 10

Sell Sell Sell Today is waterfall 😀,1.28000 to 1.28500 Sell Sell Sell