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specgoldbug

12,874 Posts.

370

10/02/19

14:59

Post #: 37390317
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Originally posted by RickM ↑

Originally posted by specgoldbug
Good Stuff Rick, Fx Ghost and Cooder

This Thread will only work if other traders SHARE THEIR IDEAS.......Always open to differing opinion and critisism...thats how it should be...help each make money, and save money

GBPUSD....

1. MONTHLY

2. WEEKLY

3. DAILY

View attachment 1441649

View attachment 1441651

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Hi Spec - GBPUSD

This pair is in my Trade Watch list because I am thinking we just had our Structural Low.
This is also around your trend line area so we could both be thinking BUY next week.

My Trade Management will be a BUY LIMIT ORDER in a area where some trade would say a retest could occur.
If I miss the BUY and it moves up further, I will look for another accumulation zone to try another BUY LIMIT ORDER.

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Hey RickM,

Also Looking at eurgbp to try get some kind of confirmations of what may take place the eurgbp has lots of scope for a decent fall here supporting the case of gbpusd bull and eurusd bear....Strong resemblence of a H&S formation in shorter zones

MONTHLY
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