GBP looking like it was sold into this session.
A great r:r trade especially on the GBPCHF.
A great r:r trade especially on the GBPCHF.
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DislikedHi guys, I newly trade with mobile MT5 (android). There are 2 options for Volume tick and real. Which one should i choose? please advice, many thanks Best regards, dogolIgnored
DislikedHi what do you think about Euro ? i see a lot of strenght on lower time frames, but its quite reluctant to go up. {image}Ignored
Disliked. 1) is that enough to consider the background weak? 2) Do you guys see some signal of weakness before the failed NS?Ignored
Disliked{quote} Hi Pooh123, Thanks for all your posts. May I ask you why do you consider that wide bar closing on its highs "supply coming in"? I agree that the following UHC candle could be weakness btw.Ignored
Disliked{quote} This is an up bar with an increase in volume closing a little off its high. That meets the definition of "supply coming in" in Tradieguider. However, we should not look at each bar in isolation. A single "supply coming in" bar means nothing. Often time after a "supply coming in" appears market can still make a substantial up move. We need look at the bars following it to draw our conclusion. Its next bar is a down bar, confirming the weakness. Also, in the chart the "potential selling climax" bar has even higher volume but a narrower spread....Ignored
Disliked{quote} much could be said. Tom is a brilliant man and an ex syndicate trader . How many syndicate traders are hanging out here ? I think an ebook on the trials and tribulations of a novice, regular Joe guy might be an interesting read . I wish I had something like that all those moons ago then I would not have made all the mistakes I have made in my trading experience . I doubt I will get time though to write a book in the next fifteen years .. Way to busy with my young son and regular life .. And the odd trade here n thereIgnored
DislikedHi guys! I think that GU is weak, maybe not ready to go down yet since trend on H1 is still up, but I think there is some signal of weakness. {image} The first marked ("X") candle has been created by Yellen's speech on Friday. Nice pushup on increasing volume but next candle? Doji on roughly the same volume of the previous candle. This candle is then followed by a down candle closing on its lows. I think this is the first sign of weakness. The second marked candle was created by yesterday's news. I think here that MM used the news (good for GBP)...Ignored
DislikedHi guys! I think that GU is weak, maybe not ready to go down yet since trend on H1 is still up, but I think there is some signal of weakness.Ignored
DislikedVery soon we will be discovering if the Wide range up bar on the Eur/USd was hiding short sales.Ignored