Decent bottoms for GU and EU first week of September on average.
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YEEHAW! Don't know what is happening right now but GU just rose 100+ pips in under a minute.
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Closed half of GU at 1.2950 at the weekend gap fill. +130 pips.
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Raised stop to 1.2870
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Raised stop to 1.2870, about 45 pips above the entry price.
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Forgot to update this trade. Great Camarilla trades on the monthly S3 and R3s for GBPUSD EURUSD USDJPY this month.
There is about a 60-70% chance that after fully exploring the S3 to R3 range we revert to the mean, the August close (Camarilla pivots are centered on the previous period's close).
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GU Also hit the big 50% weekly level retracement and mid line of the big pitchfork guiding the daily trend down.