just an idea please don't ask me what this "system" is. Should be really easy to spot.
if the next weekly candle closes bearish it will give me confirmation to go short on GU without any news it seems to me that pound will lose its value against the dollar for the next 12-52 weeks. i will update once the next weekly candle closes
From my perspective on the long run gold should reach 1600 use tp1,tp2,tp3 however you want but i use them as tp1- close 25% of lots tp2 close 50% of lots tp3 close 75% of lots -> if continue to rise hold them with the sl set on tp2 PLEASE USE PROPER RISK MANAGEMENT
AUDUSD 16 pips ?? please use proper mm!
Top of the morning/night to ya. I think GBPJPY will further continue to drop for the next few 4 hour candles. hope you really like this idea and please use MM as always
eh too lazy to type anything but just keep in mind
It is showing a lot of bullish movement on the 4hr chart and according to my algorithm and it all most likely to go long for the next week or two. I advise you that you use an trailing stop just incase an news sweep you out
AUDUSD on 4hr is forming an very lag bearish candle if it closes as an bear candle it will be our confirmation to go short to our first tp of 0.68500. IF price hits 0.68500 BREAKEVEN 50% and hold till 0.68000. Please don't trade without proper management risk, I advise risking 1% on single trade to earn 2% account on a winning trade. Wait for this 4hr candle
From my point of view it seems likely after the closing of this 4hour bar that GU will head to 1.32000. This is all prediction and isn't advised to use this on a live account and if so I am not held responsible when money is lost.