below we can see the effect of the red news yesterday on some the GBP pairs that i trade. (by the way: u will see 4 pairs next to one another...that is exactly how i arrange my trading charts, i don't see the need for one chart to fill my computer ...

When Price is UP, buy; when Price is Down, sell short...

ok i won't harry

When Price is UP, buy; when Price is Down, sell short...

guess what ??? the EURUSD buy rally is arriving earlier than expected. gotta go now will check in again later.

When Price is UP, buy; when Price is Down, sell short...

here is the chart of the GBPAUD long probe trade that i closed after +5hrs, got 44 pips there. switched to bar format for better visuals of Open & Close image

When Price is UP, buy; when Price is Down, sell short...

ok, i was confused a bit because i saw that u actually took the trade and not placed an order that can be cancelled the red news is apon us, just look at that moves

When Price is UP, buy; when Price is Down, sell short...

thank you Bendz and yes it does but this year Trend Following has not been as rewarding as last year when trading the Weekly and Dailies and let it run for many weeks on end. that is the main reason why i switched to taking trades and closing ...

When Price is UP, buy; when Price is Down, sell short...

good morning to u carbonado, what do mean by "cancelled it " do u mean that u closed your trade ? yes the same reason i closed my long probe on the GBPAUD... too much whipsawing expected. i can't get a reason to play my normal trade size yet, i ...

When Price is UP, buy; when Price is Down, sell short...

EURUSD: everyone including me, is bearish on this pair and as can be shown on the charts, that belief is correct, when bearish sentiment is that wide spread then caution bells start to ring for me,... i consult my charts to see if my bias is still ...

When Price is UP, buy; when Price is Down, sell short...

with about 5mins to go till end of bar, it looks like the sell signal will hold

When Price is UP, buy; when Price is Down, sell short...

as an illustration and elaboration to make plain and clear... here is the hourly AUDUSD chart. there is a shorting signal currently present, which obviously indicates that shorts are permitted this signal is a very valid signal based on the ...

When Price is UP, buy; when Price is Down, sell short...

so much manipulation-red news coming from the GBP side later today, so watch out for that spikes.

When Price is UP, buy; when Price is Down, sell short...

ok, not a good sign, the last GBPAUD 30mins closed red but im not cutting my loss yet... why not ? have a look at the hourly, it says we wana go up...so i'm giving it the benefit of doubt, i will wait on the other hand, should the current 30mins of ...

When Price is UP, buy; when Price is Down, sell short...

2x 30min charts below, i sent in a buy probe on GBPAUD pair as can be seen. the Ozzie has a sell signal but i didn't take it because i have "feeling" that its just a fake. maybe i'm wrong and because of that i will await the next 30mins close and ...

When Price is UP, buy; when Price is Down, sell short...

hello carbonado, i take u meant that u sold cable as well... weldone.

When Price is UP, buy; when Price is Down, sell short...

here is another thread related trade, showing Weekly>4hr strategy. the gains are about 270 pips. image

When Price is UP, buy; when Price is Down, sell short...

by posting the chart below i only want to show main strategy of this thread....which is.... when monthly is, up drop dwn to Dly and buy when a signal is present. ​it shows a gain of 64, 995 pips but its actually 649 pips. similarly on this specific ...

When Price is UP, buy; when Price is Down, sell short...

i forgot to mention that i'm in the process of weaning myself off intraday charts lower than 30mins, so when i do get a trade setup signal i will consult the price in the 1hr and 30mins and if one or both agree on the trade setup then i will enter.

When Price is UP, buy; when Price is Down, sell short...

on the economic calender: a day full of red news for the EUR, GBP, CAD &the USD

When Price is UP, buy; when Price is Down, sell short...

hello carbonado my apologies for only replying now because a friend and some relatives came to visit yesterday evening. and yes u may ask. i zoomed in to show that the previous Daily candle was down, the down arrow points to the Daily bar in ...

When Price is UP, buy; when Price is Down, sell short...

for those traders that wants to know how those two trades turned out i provide the 2 charts below. the screenshot was taken a few minutes ago just before i closed that 2 trades for gains. GBPUSD: +16 pips CADJPY : +60 pips not spectacular results ...

When Price is UP, buy; when Price is Down, sell short...