Going down ....just stick to the plan

Cable Update (GBPUSD)

------------- FXstreet.com (Buenos Aires) – GBP/USD Current Price: 1.6491. Pound remains under pressure after breaking under key 1.6520 strong zone; hourly charts show 20 SMA crossing 200 EMA, and with a strong bearish slope, suggesting rises will ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Shorting GJ and GU too, here's my cart Also h4 is below gann hi lo activator on GU wich is another sell signal, the daily chart is also overbought on both pairs. Sticking to the plan that I made on Sunday, already got profits from the fall of gbp ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

There are some threads with videos about fibos

Cable Update (GBPUSD)

Forums and chats are good for studying but sticking to the plan you built and you trust is much more better than sharing bias, at least when you'll lose you'll know what to tweak in your system and you'll not blame anyone but yourself.

Auslanco - GBP/JPY and GBP/USD (newstrade)

I should also add that at this moment you can't rely on indicators as it's a very delicate moment but the Fibos are always good as well as overbough/oversold divergence on daily most of the time.

Cable Update (GBPUSD)

Holding my shorts on GbpU. I'll reverse my position and go bullish only if it manages to pass 50% retracement, also Daily is getting out of the overbought zone to go oversold. I know it's sounds not too complicated but this is how i trade.

Cable Update (GBPUSD)

You should wait I think, we're having some bearish movement bro. Still nothing clear though. I'm shorting both GbpUsd and GbpJpy right now...holding.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Thanks

Auslanco - GBP/JPY and GBP/USD (newstrade)

I've read the VSA thread 30 minutes ago. But the turning point can show with higher volumes than the average if I'm right and right now we have only very small and small volumes. You Malcom just use MT4 data for the volume?, or some better software ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

I've seen 78 and 79, taken off? Buy candles also have lower volume and sell candles higher volume.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Agree 100%

Auslanco - GBP/JPY and GBP/USD (newstrade)

Agree with wormie, in fact you should add to the sell position instead....Dragon and Cable are still not overbought and have plenty of room to move, I was expection the drop since Sunday and it's going to continue. Cable passed the 50% retracement ...

Cable Update (GBPUSD)

It seems , it's also overbought on hourly but it still has room to move upward. We'll see if it will pass 6666.

Cable Update (GBPUSD)

151.51

Auslanco - GBP/JPY and GBP/USD (newstrade)

Yo guys, chill and wait. At this moment the up was a just a correction, still have to pass 151.51 then it's about the bulls.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Holding my shorts on Gu and GJ, until I see 151.51 from GJ, sit and watch now.

Cable Update (GBPUSD)

Bro you have to consider that news often do not anticipate a thing, just confirm the trend and that doesn't happens all the time too. I think we have to watch the market and just be aware of news time in order to avoid spikes, but they won't tell ...

Cable Update (GBPUSD)

I googled the book, here's the DIRECT LINK to the book. Thanks for the other ones , going to read them soon. Trying to practice tape reading I think will make the trading more enjoyable then every other system, while still keeping my rules.

Cable Update (GBPUSD)

Thank you very much buddy and yes you don't have to share a thing about your strategy, the book is more than enough for me as I do know nothing about tape reading but I was trying to do it with one friend and sometimes you predict the right ...

Cable Update (GBPUSD)