Price kinda reverse to 50% of move before most of the time. I kinda love this thing. Nothing fancy, no indicators... It's mostly price action. Even such simple thing can work... SF

Cable Update (GBPUSD)

Great call. I closed my trade before. If 1m candle is not going where I want I'm closing it. Sadly the level 2170 was great but I wasn't sure if we even get there that's why I opened my sell before. SF

Cable Update (GBPUSD)

Let's see... I don't like this sell price but well... Will close it if it will be so slow. (it mostly means the trade is just bad) SF

Cable Update (GBPUSD)

Why buy GU? It's on resistence (was on 1.2190 was amazing sell with 0 drawdown...) while 56% of people buys it already. Some traders here could get 4 times 40 pips today if they didn't buy on res. SF

Cable Update (GBPUSD)

Gold was kinda... well sorry. I didnt made any analysis, I just took one level. Anyway, as said. Bias still buy. SF

Cable Update (GBPUSD)

Positions still NOT changed. We have sideways trend, buy on low, sell high. As always, take care. SF

Cable Update (GBPUSD)

I wasn't expecting such a drop, to be honest. At least not that fast. But I would be definitely in sell position if I wasn't watching a movie, haha. My bad. There was very big amount of people who was buying GBP/USD. Of course they will want to kick ...

Cable Update (GBPUSD)

As said hours ago, we had sell. 1.2240 was best (I posted my post AFTER this move so doesn't matter) but also on 1.2188. This one was pretty good and also today ended with last move as you can see. Hope everyone takes care. Dear Moty, if you read ...

Cable Update (GBPUSD)

Gold is definitely buy bias. Be careful guys... 1790 can be bought. Will check it. SF

Cable Update (GBPUSD)

Exactly said. What is annoying for me, I don't see any trend. People have very small amount of positions & lots, too. It looks like MM's are waiting for more liquidity, to eat all of those positions later on. For now I don't even wanna trade this. ...

Cable Update (GBPUSD)

I believe we should look to sell on any resistance. Longer distance the better. At least for now. Sentiment is starting to change. It's because of news, but I wouldn't be scared about news coming in 14 minutes. SF

Cable Update (GBPUSD)

So let's break last 1M action... image After a while... image Also, it is almost changed right now. We might be going down soon. SF

Cable Update (GBPUSD)

I would recommend buying on low (support) and selling on resistence. We have very small amount of positions in GBP/USD right now. What I found very funny is this. People started buying (more lots coming into GU) but not on support. They were like in ...

Cable Update (GBPUSD)

When price is bullish for long timeframe, most people SELL. Price starts going down, people will start BUYING. So, sentiment changes from sell to buy. We can buy WITH majority. They are right when sentiment changes. They really catch low & high. But ...

Hedging/averaging trades without prediction

That's exactly right!

Hedging/averaging trades without prediction

No problem. I'm here to help. Always willing & always for free. :'D Be careful. I should had explained that when sentiment is changing, you cannot buy or sell immediately. You will have to deal with even 60 pips drawdown. Always check for extreme ...

Hedging/averaging trades without prediction

Highly positive. Remember we will see price BELOW the last low on m1 TF before going up. Sentiment is from myfxbook. Updated once a hour. SF

Hedging/averaging trades without prediction

Since thread is kinda quiet, info for you my friends. Positions are almost changed. Be ready to buy on low. If price stabilize itself in few minutes, we can go for it. Sadly my analysis is a bit restricted as I am on the phone with no access to PC. ...

Hedging/averaging trades without prediction

As said.... It happened... I also bought for fun, however as I'm driving right now, I entered at awful / disgusting price. Good thing to know, if you are sure what is happening, stop going crazy. Or don't go crazy at all. Few years back, I would ...

Hedging/averaging trades without prediction

Highly correct. Be careful, might spike down and then up. I'm 90% sure it will happen. We can see almost a reversal (SELLERS -> BUYERS) This means only one thing. We can buy somewhere on the low if more people starts buying since they WILL catch the ...

Hedging/averaging trades without prediction