Cable Update (GBPUSD)
{quote}Trend is objective. Headland is the best i've seen here at describing trend/structure. Watch his posts. There are subjective elements like, time frame, your entry and exits within a trend etc. For example if I ask if we're in an uptrend or downtrend, you have to state which time frame as it's different on each. But..yeah, trend is the backbone of a lot of strategies.
{quote}Trend is objective. Headland is the best i've seen here at describing trend/structure. Watch his posts. There are subjective elements like, time frame, your entry and exits within a trend etc. For example if I ask if we're in an uptrend or downtrend, you have to state which time frame as it's different on each. But..yeah, trend is the backbone of a lot of strategies. Maybe if you can be more specific what aspect your struggling with I or someone could help
https://breakpullback.comhalf a plan today. sell from current price hold to below yesterdays low. then buy for the remainder of the day and hold current price is 1.2069, yesterdays low is 1.2035 needs some confirmation before selling as the initial drop doesnt have to happen edit--trying sell now at 1.2070 reason for main buy bias--completed 70.5 PB of weekly swing
TP +40
