(binned per thread starter's request) Currency Strength with cont

Quoting neilsdigest

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A lot of WHY did the GBP move up today instead of down..... 03 May 2019 People still don't get this simple method. Even the GBP futures was up over 1% on the day. Price goes where it wants. I'm saying no more I have left this place except to cause trouble ;-) {image} {image} {image}

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Quoting xmess7

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{quote} Neil: I thought you left and decided to live the LIFE with all that profit you make . Take care Jess

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Quoting VEEFX

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{quote} :-) {image}

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Quoting neilsdigest

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One last post... I was home alone ;-) 89% of retail traders where short GBP at the start of day Friday 3rd May 2019.... That tells you with high probability to look for LONGS in the GBP. Simple method. Look at what the GBP futures market was doing. In the afternoon of Friday the GBP futures market quickly rose to 0.50%. BUY the GBP. Will it carry on the move? Well maybe, maybe not but you had two things on your side. One: Retail where selling the GBP. 89% where selling the GBP combined. TWO: Big institutions where buying it. Like massively buying...

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Quoting VEEFX

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{quote} This is the only SpotFX microlot "symbolic" trade since 2017 my wife forced me to take in support of Sterling. Holding on to this shit even after losing money in daily swap just to keep my "queen" happy LOL {image} {image}

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Quoting neilsdigest

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Quick, easy in and out.... Never follow the dumb money. That was the quick trade I took. AUD/JPY sell... BIG in and out. I need sleep ;-) JPY futures now at 0.70% {image}

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Quoting Jozec

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{quote} Neil that's is a very good one, i had to log in just to thank you for all your effort here. still reading and about halfway the thread, i must confess that you have changed my perspective to trading. i'm also glad you are back to posting on this thread again. For now i just want to say a big THANK YOU. Maybe later i will ask some questions , let me keep reading and soaking in this perspective.

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Quoting neilsdigest

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See if this GIF works..... YES, it's an old DEMO on the dreaded MT4. The retail traders thingy.. oh how I hate it... Was just testing this to see if anyone across this place would like gifs or video's of trades instead of those screen captures. As all are aware they can be photoshopped... Or take two trades in the same pair and post the result of the one that WON... No they are not real trades. Only a nutcase will take all those GBP trades.... I did know that the GBP would drop though hehehe... Click the image to play it ;-) {image}

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Quoting Jozec

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{quote} Neil thanks for the post though not surprising, for me because GBP was the weakest pair this week based on scorpionfx and following the steps on post one almost all the trades were valid. Just want to know why you took GBPUSD? Because the USD was equally weak. Hope my question is not dumb. Just finished reading the thread today, will still have to go through again to have a firm grip on some things. The other question i have is concerning strength meters, what do you do when you have a conflict between scornpionfx and dennis strength meters....

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Quoting neilsdigest

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{quote} I just did it to show you as a test that the CURRENCY is more important first before pairing them... I opened all the GBP pairs without any thought of anything else. .I just new it would become weaker and the institutional's will start selling it... I even opened a GBP/CHF and the CHF was having money pumped out of it as well. I.E They where both weak. Hope that makes sense. I will update you later as have to pop out for a few hours ;-)

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