and finally ............

i have been selling GBP (as cable) all day (as from posts all day above)...........in that time ive scalped cable down from around 2970 to its low now of 2892............80 pips of trading area to scalp and rescalp over around 12 scalps .....

why ? ...........because GBP has been the Alpha bear currency (weakest) all the time from london 6am opens.........its never wavered !!!

so as always ........i follow a simple simple rule

sell the weakest currencies and buy the strongest ones .............

look at this 15m TF chart below on a simple 20ma setting and the red line (GBP)........

it never goes above zero all day

sell sell sell sell sell sell .....GBP !!!!!

sure theres a few rules and and lessons i add to that ....all based on nearly 40 years experience in trading and of that 20 years experience in trading strengthmeters .....

I also think most traders would be surprised how i pick and time my entries .......its certainly not on the basic circus of stuff you see out there ...........but i know of a few traders who also use it with lethal effect .........and they helped me develop it to where i am happy today ......some of those mentors appeared at T2win over the years ......on my big thread and i am indebted to them .....

hey - nothings perfect ..........but I do like to tell people that successful and profitable trading is possible ...........but sadly most people look in the wrong places and give up far to easy ..............usually when their money runs out ........thats the pattern ...

shame .....

have a good weekend gang

N