GBP.USD - High Probability Long Opportunity

FX:GBPUSD   英镑/美元
Currency Pair: GBP.USD
Time Frame: Weekly & 4hr
Predicted Direction: Long

Live GBP.USD updates will be available in the comments section below
交易开始: Long positions now live.
hello tom, just wanted to ask why you waited until nov 10 to enter when you had spotted your reasons of entry in mid october. thank you
TomHall Markovnikov
@Markovnikov, Hi,

there are multiple other confluence factors on other timeframes i was watching, the market was also trading sideways for around 3 weeks so i would rather sit back and await a break.
@TomHall, i understand. thank you for taking the time to reply.
TomHall Markovnikov
@Markovnikov, My pleasure :-)
Would you consider 1.30000 as a S/L and if not can you explain why?
Thank you.
TomHall Stefan_V
@Stefan_V, My personal opinion is subjective if you have rules, don't listen to other traders opinions, if you have rules in place that have been well backtested then stick with them.
I think we might test bottom of parralel channel before next rally after next week as per my ta from last week.

I shall be watching watching monday/tuesday closely. I will also be following the news from the Brexit negotiations.

Good luck for next week.
TomHall hpccrypto
@hpccrypto, It's certainly a possibility, i hope all goes well your end.
+1 回复
Do you do any cross asset correlation when doing your analysis, TomHall?
+3 回复
TomHall rihufuruho
@rihufuruho, I don't, i trade pairs on their individuality.
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