ok the market really tightened after about 11am GMT....then i got pulled into meetings so didnt do much more ......see how the G8 market really came off back towards 6am opens later in day so far ? - this lovely indicator that reads the forex markets so well is now available Via a Charity Donation to the NHS here - Thanks N https://uk.virginmoneygiving.com/FXCorrelator
OK a million thanks to everyone whos donated so far to my NHS charity forex indicator
as a thank you i am going to prepare a Youtube video this weekend expanding a little on how i use my newly offered Fixed Start FXCorrelator and some simple ideas re trading it ....
ok following my youtube updates yesterday the indicators below set on following usd action
USD strong Bull so far today so been selling GBP and CAD into it ......it always helps if USD swings into the trade as well ....but GBP is a very volatile currency so it can do a lot of the heavy lifting itself at times as at moment
its GBP responsible for hitting that recent resell phase on Cable..... not much from USD side so far
This indicator is available here for a donation to NHS charity
and heres some more focus on that last signal from USD pushing > Zero on the 7/1 MA
see how we manage to drift 1+ ATR move on 5mins from the volatility .....sure its tight and but if you trade smart (min 2 contracts with 1 always taken at T1 of 1ATR) you will be ok
This was as tight as you get ...and GU still dropped 10 pips on the sell from entry bar
ok interesting morning so far ......The Top chart from 6am GMT shows us how rangy and tight the initial hour was .....no breakouts ........then bang CAD went hard south to -40 pips
This link will take you to a page that’s not on LinkedIn
lnkd.in
I was engineering Green USD sells (see lower indicator) so took longer to adjust on that Ucad Buy......now Green USD moving Bull so easier justify ......im pretty much Selling all into USD except Yen at moment