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This does not look good for my usdjpy position but got to share this maybe usefull received from a friend a GBPUSD probable 4th wave end personally i am not going to take this but ofcourse this might be a mistake let see what will happen.
This does not look good for my usdjpy position but got to share this maybe usefull received from a friend a GBPUSD probable 4th wave end personally i am not going to take this but ofcourse this might be a mistake let see what will happen.
hi EACAN
nice pots.
i have this that is not good for the usdjpy analisis of yous.
and this one is against your gbp and my eur analisis.
such a mixed situationa and hard to make a desicion.who knows.........
kamyar
P.S:
the positions in the pics have not been opened based the analisis.
__________________ We often borrow from our tommorrows to pay our debts to our yesterdays.
As always, who knows!?!.Let see what will happen....
-------------------------------------------------
hi EACAN
nice pots.
i have this that is not good for the usdjpy analisis of yous.
and this one is against your gbp and my eur analisis.
such a mixed situationa and hard to make a desicion.who knows.........
kamyar
P.S:
the positions in the pics have not been opened based the analisis.
Kamyar first thanks for your analysis charts..
the GBPUSD is not my analysis it's from MT-Predictor i didn't enter because i had a mixed situation on usdjpy for which i worked and was on with long position from yesterday but you are right it's all mixed. I am keeping my bais long till stopped we will see what happens next
gents here is my 2 cents. I am currently short with gbp usd per the daily chart as posted. Now i do realize that we are in a potential wave 4 area on the weekly chart for longs. The set up and risk to reward was too good not to take the short gbp trade per the daily. If i get stopped it is only a 2% risk, and ill start looking for abc corrections to go long. Who knows which way price is going to go, I just take the trade, properly position size, set my stop, and go for it. Thats easier said then do by the way.
gents here is my 2 cents. I am currently short with gbp usd per the daily chart as posted. Now i do realize that we are in a potential wave 4 area on the weekly chart for longs. The set up and risk to reward was too good not to take the short gbp trade per the daily. If i get stopped it is only a 2% risk, and ill start looking for abc corrections to go long. Who knows which way price is going to go, I just take the trade, properly position size, set my stop, and go for it. Thats easier said then do by the way.
GTA,
David
David,
it is really nice to see you posting here thanks for the advice about position size and risk-reward scenerio.
good trading to you .
EACAN.
.. Rate 116.84-83 as i am writing this 
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