this assumes trading against the trend. that's all I do, that's what I call correction.

Cable Update (GBPUSD)

professional traders do not fight with each other because they are busy with other things. they trade.

Cable Update (GBPUSD)

I would be happy if the bulls continued to strengthen and the exchange rate rose further, which would provide a good opportunity for a correction, because this rise is still not enough for me. we'll see.

Cable Update (GBPUSD)

well yes, now I am gbp/cad long, waiting for the correction.

Cable Update (GBPUSD)

one of the most important things we should always know is which side the market is currently on. only on this basis can we make an appropriate decision. this requires a proper strategy..

Cable Update (GBPUSD)

the phenomenon exists. but what time frame are you talking about?

Cable Update (GBPUSD)

even in a downtrend sometimes a correction is needed. your settings may not indicate this requirement.

Cable Update (GBPUSD)

GBP/AUD. I went through all the pairs and found this pair to have the most correction options.

Cable Update (GBPUSD)

OK.

Cable Update (GBPUSD)

just watch for divergences.

Cable Update (GBPUSD)

55.2.0. I hope it helps

Cable Update (GBPUSD)

trend lines+s/r levels.

Cable Update (GBPUSD)

I agree, it's not that simple. LOL.

Cable Update (GBPUSD)

BTCUSD. H4.

Cable Update (GBPUSD)

GBP/USD. H1.

Cable Update (GBPUSD)

if your plan is good, this should not be a problem.

Cable Update (GBPUSD)

its trading is very similar to grid trading, which, in general, is very difficult to close at a profit.

Cable Update (GBPUSD)

There are strategies that are not worth trading because of the costs, such as arbitrage.

Cable Update (GBPUSD)

January will be chaotic as usual.

Cable Update (GBPUSD)

GBP/AUD. this pair would be a bull right now if the holidays weren't approaching. wave counting confirms this. H4.

Cable Update (GBPUSD)