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GBPUSD thoughts

Discussion in 'Forex and Cryptocurrencies' started by willoneau, Nov 12, 2018.

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  1. willoneau

    willoneau

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    Watching the price at moment waiting to see if it turns around
     
  2. willoneau

    willoneau

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    Using this thread to discuss the currency price chart and my thoughts on it
     
  3. willoneau

    willoneau

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    This is not advice just my thoughts
     
  4. Triple B

    Triple B

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    Do you watch correlated pairs? Im looking at GBP AUD ATM Not GBP USD tonight. May get a bounce shortly of a previous support on GBP AUD which may help the Cable
     
  5. willoneau

    willoneau

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    My biase is short but looking for counter trend trade
     
  6. willoneau

    willoneau

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    Hi Tripple no i don't i concentrate on the one pair and it's price action
     
  7. willoneau

    willoneau

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    Tripple are you trading the GBPAUD?
     
  8. Triple B

    Triple B

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    Fair enough . Ive expanded to 30 Pairs! picking the best 8 or so and gold.
     
  9. Triple B

    Triple B

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    No . on my screen ATM but prev support close below so no short till that breaks.
     
  10. Triple B

    Triple B

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    Currently short EUR/CHF XAU USD , NZD CAD , AUD CAD
     
  11. willoneau

    willoneau

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    I think all pairs are correlated or inversely correlated anyway
     
  12. barney

    barney

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    Pound US is a heavy Short in the short term …. in my view;):D
     
  13. willoneau

    willoneau

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    I monitor price action before Frankfurt opens then wait for entry signal as usually volatility increases when London opens
     
  14. Triple B

    Triple B

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    Yes I use the correlations and pick the ones with what i believe to be best RR. Also helps me see why price action may have stalled "mid Air" so to speak
     
  15. willoneau

    willoneau

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    I agree with you but looking for counter trade in first half of today's session
     
  16. Triple B

    Triple B

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    I reckon short to 1.28. just trade your plan Will
     
  17. willoneau

    willoneau

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    I'm liking support at 850 at moment
     
  18. willoneau

    willoneau

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    I have a counter trend trade part of my plan
     
  19. Triple B

    Triple B

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    Yes trading one pair can make you find a few tricks!
     
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  20. Triple B

    Triple B

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    AUD is busting round nos short ATM
     
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