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Work on trend: technical analysis of the GBPUSD pair

Long
FX:GBPUSD   British Pound / U.S. Dollar
Today the GBPUSD pair gives excellent shots to make money in trend. You can buy from the current, that is, around 1,3100. As for profits, since the work is in trend, it is necessary to keep buying until the appearance of reversal signals. But partial fixation can be carried out at about 1.3250.

Since the recommendation is intraday, the “Ranger” indicator can be used to set stops. The first line of stops can be placed below 1.30. With a probability of about 70%, the price today should not reach this mark.

Let’s clarify this position. The best option of trading, in our view, is work on trend.

In order to evaluate current price movements in terms of availability of trend there, its direction and force, our specialists developed a set of unique incomparable indicators. You can find its description below.

Today we will talk about GBPUSD pair.

We simultaneously have a number of signals on the presence of a downtrend in the pair dynamics, which, moreover, is in excellent shape.

The TDI script signals the predominance of the upward trend (the line is colored blue), whereas is in the blue zone, which indicates that the trend is in progress.

The MSI indicator, which observes market sentiment, is also on the buying side. The histogram is colored blue, that is, buying sentiments are dominant. In so doing the extreme zones are still far away, that is, the growth capability has not been exhausted.

The Kenji script, which is based on an upgraded analysis of the averages, sends a clear signal about the supremacy of the upward flow, and the area between the averages, shaded in blue, indicates that the upward trend is active and relevant. Reaching this zone by current prices is an excellent reason to think about buying a pair here and now.

The ARDI script is colored green, which indicates that the price has moved up quite a bit from its fair value.That is, there are no contraindications for purchases.

Thus, we have another confirmation of the feasibility of buying.


Let’s give some clarification on the set of technical indicators.

The current set composed entirely of incomparable scripts of technical analysis, which you will not find anywhere else.
Each of them has absorbed the long-standing actual trading experience and is an attempt, using the best technical analysis methods that exist today, to take into consideration and avoid their basic deficiencies. What finally allows to get better signals at the output and thus increase the trading efficiency.

«Kenji» Script

Indicator «Kenji» is a brand new look on the average analysis. The main problem of most of the trading strategies and indicators based on average analysis is a number of false signals in case of flat (for example frequent crossing of the averages, frequent changes of the average direction etc). As the result, average analysis can’t show its real power and efficiency.
Indicator «Kenji» using a unique algorithm allows avoiding the most common traps of the average analysis and significantly increasing the quality of the signals by determining the current market situation (using color indication "Kenji" shows in which state the market is now: red color - downtrend, blue one - uptrend, green - flat).
It generates signals for the comfort trading in local trend. The indicator provides information both on the timing of the position entry and timing on profit fixation. Also, it helps to determine the level of aggressiveness of the concrete signal. This makes «Kenji» indicator a very useful tool for amateur and experienced traders.


A full description of the indicator is available at the following link:

«TDI» Script

Each trend can be divided into several phases: the start of the trend, active development, consolidation phase, end of the trend. Obviously, the most interesting phases for trading in trend are the start and active development of the trend. At these phases risk of unsuccessful trading in trend direction is minimal, but profit opportunities, on the contrary, are maximal. Nevertheless, technically it is hard to detect the start of the trend with a big probability of mistake. In this regard, the most promising is the identification and work in the phase of active development of the trend.
The “TDI” indicator is intended for identification of the active phases of a trend.
Using a unique incomparable algorithm, it allows you to determine points in price dynamics, that are most favorable for working in a trend.


A full description of the indicator is available at the following link:

«ARDI» Script

«ARDI» Script - it is a new look at the concept of oscillators. It is used to detect moments of divergence between current prices and fair (theoretical) value of the asset. Significant divergences signal about price entering into overbought/oversold zones. This is a base to open positions which are contrary to the current movement.
Coloring the indicator line in blue - this is a signal about the presence of significant divergences between current and theoretical prices. (the equivalent of the oversold zone).
Coloring the indicator line in red - this is a signal that the current price went down a lot relative to its theoretical price (the equivalent of the overbought zone).


A full description of the indicator is available at the following link:

«MSI» Script

Indicator “MSI” is used to detect dominating market sentiments: bullish (blue color of a histogram), bearish (red color of a histogram) or neutral (green color of a histogram). Besides, it can be used as well for searching the points of market current sentiments changes.


A full description of the indicator is available at the following link:

«Ranger» Script

«Ranger» Indicator allows, based on statistical analysis of data, to calculate the range of fluctuations of the current day with a predetermined probability. The uniqueness of the Ranger is that it makes it possible at the very beginning of the day to determine the maximum and minimum of this day (with a predetermined probability).
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with an already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with a certain probability.


A full description of the indicator is available at the following link:

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