GBPUSD thoughts

[andymac]

longGBP 1.27945

out bad trade (plan) - 69 pips thats -minus
long again - .27882

getting jiggy again stopsBE

 

[Triple B]

4hr chart says downtrend

 

[willoneau]

Short US500 - 2693.8

 

[willoneau]

Short GBP - 2784.5

 

[willoneau]

4hr chart says downtrend

The GBP 4hr chart?

 

[willoneau]

GBP - the volility too large for 4hr i'm using 1 min even 30min too much lag

 

[willoneau]

Exit GBP 2866 ,
24.1 pips loss (including 4pips of slippage)

 

[willoneau]

Exit US500 2697.4,
3.6 pips loss

 

[willoneau]

Uncertainty forming now in US500 ,
higher lows and lower highs need to wait , also called wedge or flag

 

[Triple B]

Watchin 4 charts . XAU/USD SP500 GBP USD and EUR GBP

 

[andymac]

exit 27939 plus 57pip

 

[Triple B]

AKA the squeeze

 

[Triple B]

No SP 500 4hr

 

[Triple B]

Looks to me like 4hr heading for double bottom sp500. dont let me sway you Will.Trade your own plan

 

[willoneau]

Andy what do you think about US500?

 

[willoneau]

Looks to me like 4hr heading for double bottom sp500. dont let me sway you Will.Trade your own plan

triple i think at the moment the squeeze could go either way but i think because we are in a ranging down trend that it will break to the short ( agreeing with possible double bottom) but i think lower myself.
Also resistance at 2700

 

[willoneau]

Short order sitting below higher low at moment

 

[Triple B]

Im off to bed. Leaving current gold trade on . either BE or 4xR win .so min winning night 3.5xR
Only 3 trades , controlled myself
Goodnight traders . Good luck in the chaos

 

[andymac]

i have an order to buy at 2708, don't really like trying to trade pre open, just sit . if order gets hit good.

but i could see it going down just as easy, double bottom i have also as a possibility

 

[willoneau]

andy not on shame i would have liked to know his thoughts as it is unfolding