Australian (ASX) Stock Market Forum

GBPUSD thoughts

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Using this thread to discuss the currency price chart and my thoughts on it
 
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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
 
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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
Hi Tripple no i don't i concentrate on the one pair and it's price action
 
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Fair enough . Ive expanded to 30 Pairs! picking the best 8 or so and gold.
 
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No . on my screen ATM but prev support close below so no short till that breaks.
 
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I monitor price action before Frankfurt opens then wait for entry signal as usually volatility increases when London opens
 
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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
 
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I agree with you but looking for counter trade in first half of today's session
 
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