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TheZabisyu
Jan 16, 2017 11:45 AM

GBP USD Long

British Pound/U.S. DollarFXCM

Description

Transitions show different picture than consensus is currently having.
Good Luck.

Trade active

When Cable close the gap at the same time it hit MDP level in sentiments, vital to cross it. There for close the half of long trade at gap closing and move SL for the other half in green. If we cross MDP then we go to BL4 sub transition higher.
postimg.org/image/wp7xfljch/

Good Luck :)

Comment

Please help me find my assistant and accountant if you have free time. Long time not seeing them and I am worried about that. Thank you! :)

Trade closed manually

After sentiment recalculation I don't like some floating sentiments on Cable that now move lower. Therefore not being greedy and closing the trade at this point with more than enough profit so it is done for me now.
postimg.org/image/jfi7kppll/

Good Luck and hopefully you took some $ on this small but profitable buy!

Comment

Well at some point I don't know why I close the trade looking at chart now makes me jealous. But okay that's greed.

Comment

Will see now if Cable hit BL4 and higher sub transitions. At least will give me a hint that cable transitions work the right way and I can start using them more often trading it on intraday basis.
Good Luck if you are still in this long take half and move SL in green.

Comment

Although I messed up this trade for myself because of some mistakes in calculations, I received a lot of thanks for this because at time when I make this calculation everyone where on heavy short side because of some news bubble. I take this target completion as a formula completion and will be able to work with cable on transitions on intraday basis!
Thank you.

Trade closed: target reached

Tagged second target pip in a pip.
Comments
UnknownUnicorn540299
If your transitions work on this pair, you will be our CableGuy! :)
TheZabisyu
@viking83, If u scan TV you see majority short. Transitions in this case show diff picture. Will see.
UnknownUnicorn540299
@TPparadigma, Going to be exciting to see! For short or longer term transitions?
TheZabisyu
@viking83, this one is testing long term, but formula the same. Will make intraday then easy.
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