Hi T55, I just consider unexpected news of significant impact, when nothing is new ,the chart tells you the story

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as far as .9200 holds trend in 4h and daily is down, thats what I see

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sorry TexasforEX , to add to your comment again, but it seems our friends here dont look at daily chart, so I just provided here to point out the broken trend line and re-testing it as the right moment

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as we have been trying to say here since 12 hr ago

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I took profit on shorts on the spike down, and re-enter short again here, this time I'm short against .9200 I have my Hedge (Pending Buy Stop Order) above .9200

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My friend , its already priced in since 2 months ago , I'm not saying it wont , but not for this rate hike. the R at .9200 is strong so far

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Hi ForexLion, why North?

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buy before and sell after , just typical

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nothing exciting happens , I have two shorts from .9175 as before

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40 lots per trade? you are trading $4K per pips!! so finally we have a Hedge Fund Manager on our thread

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good chart sinner with nice fractals

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Thanks TexasforEX, for comprehensive analysis, nothing left to add , my plan is the same , selling any upside move against .9321 , waiting for rate annoucement to sell on spikes,

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Paik_C, right now, if you look at 15min or 30min charts you have already missed the Sell signal , so you need to be waiting

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its so simple, just look at the colors (light blue / tomato(red)) the light blue trend is UP /tomato trend is Down , how to use it: wait for the color to change :dont jump into the midle of a trend , so it woud be like this: 1-when the color changes ...

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do you mean you see it at your folder, or you see it when you are running MT4 at indicators > custom> TSR ? if it's at your custom it should be working like other indicators

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I think when the market knows the rate hike ,they buy before it and sell after it. but, if the rate hike would be more than market expectation they buy it like crazy after annoucement

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where did you put it? I mean which Folder?

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GBPUSD has fallen 180 pips from my entry level so far, but this Aussie trade bounced back from S at .9100, I personally think there is more downside on the card, know I see some bearish development in S&P 500 and the others, may be the rate hike ...

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thanks patience for your file, sharing is caring

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Still holding my 2nd short from 1.6575 (+180) , so far so good, I locked into half of the profit,

Cable Update (GBPUSD)