FX:GBPAUD   British Pound/Australian Dollar
200 14 7
Wolfe Wave short
Trade active
Comment: Trade supported by bullish bias on AUDUSD
I got into a GBPCHF short.
Reply
Gekko.uk _VincentP_
Same here
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BLUE43 TOP Gekko.uk
long au, short ga, isn't it like a more double position on same way ?
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Gekko.uk BLUE43
Yes, the correlation is undeniable
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BLUE43 TOP Gekko.uk
so why play both ?
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Gekko.uk BLUE43
Because it's a positive correlation. As Warren Buffet said, "don't put all your eggs in one basket" My long position on AUDUSD could serve as a buffer incase there is surprise GBP strength which can affect a cross pair such as this.
+1 Reply
BLUE43 TOP Gekko.uk
ok
Reply
snapshot


Just an idea... the monthly trendline / 618 of last move etc.... looks a pretty solid trade.

Algo is cool, will get in contact when it has enough live trades, only trades 2-4 time a month..
That sucks, it is very hard to make an algo see and think of everything..
Reply
ColossusFX ColossusFX
GBPAUD Weekly resistance trend line


Not hijacking your thread, just seeing what you thought for target?
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Gekko.uk ColossusFX
potentially yes.
I was thinking that as well
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Nice one. In the trade since friday. GBPNZD as well
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Double top on 4hr.. nice :)
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oh mate
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Gekko.uk TheBanker
thanks for the criticism
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