TradingView
ApexFX_Pro
May 11, 2019 5:16 PM

COMMENT why you think we chose this setup. Long

British Pound/Australian DollarFXCM

Description

See how keeping thing simple and your charts clean can lead to spotting more setups and save you time? Half the information on the internet is purposely put up to confuse people so they loose money in the markets, if you look on the internet people will tell you that you need to use loads of different indicators to succeed in the markets, this is BULL#HIT!!! Price action, key support and resistance levels and trend lines are all you need!

So comment below why you think our reasoning is that this trade will make a bullish run.
Comments
Captain_Walker
The reason you're bullish is because perhaps, of the horizontal support level (which is obvious) and that price has gone bullish on the 4H. I'm now short on the market. Based on 2H ATR trend and SqM switches. You didn't restrict comments to one methodology. I'm not interested in being right because I've already thrown away the money in my stop-loss just above the 2H ATR line. That's how wrong I'm prepared to be.


In addition the 4H has shown a Grade C trend switch.

I'm sticking with the 2H. Time frame is not more important as making money. 🤑😃
ApexFX_Pro
@Captain_Walker, haha good man 👌
More