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Oct 10, 2018 9:10 AM

Possible trend shift in GBPUSD – going long Long

British Pound/U.S. DollarFXCM

Description

The Tidal Shift Strategy has just bought GBPUSD at 1.31548. The system recommends entering this trade at any price between 1.31311 and 1.31785. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at 1.26279, which suggests that the GBPUSD could be trending upwards.The 14-period Average True Range on a daily chart is 0.0019, so the stop loss has been set at 1.306. This stop loss order is a trailing stop that will move up as the market moves up. There is no profit target for this strategy. We expect to be closed by the stop loss.Tidal Shift is a trend trading strategy that aims to catch shifts in trend using trader sentiment as an indicator. The strategy looks to buy when the Speculative Sentiment Index reaches its lowest value for the past 145 trading hours, and looks to short when it reaches its highest value for the past 145 trading hours.

Signal ID: 59304
Time Issued: Wednesday, 10 October 2018 00:00:15 GMT
Status: open
Entry: 1.31311 - 1.31785
Limit: N/A
Stop Loss: 1.30600
Comments
traprolissy1980
Awesome work as always. We're always grateful for this!
consimpterwa1978
Excellent! Thanks FXCM-EDU!
sollyvuso
Do you have telegram where I can follow you?
FXCM_US
@sollyvuso, we don't have telegram, but all of the signals and more can be found in FXCM PLUS which is accessible by all FXCM live accounts. If you don't have a live account, you can sign up for a 14 day free trial to view all of the signals fxcm.com/markets/trading-signals-free-trial/?utm_source=tradingview&utm_medium=link&utm_campaign=charts

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You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
balikmudik
TP done..what's next :-)
tobotogolf1971
Keep the momentum baby
balikmudik
Thank you FXCM-EDU. i'm long from here now
concodeli1971
Thanks for the analysis!
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