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Combat. flag
I’m watching Gold closely too
Muhammad M flag
@EuroTraderi think gbp usd have gone even below the previous pull back so a bit confusin HH HL destroyed
javin_321 flag
Sly
@Slycorrelation gives you a great confirmation
Sly flag
Their direction is usually the same but there price action can be a bit different
Sly flag
javin_321
@javin_321 Yes, many times correlation does do that
javin_321 flag
Sly
EURUSD and GBPUSD don't correlate 100%
@Sly90% is good depending on your timeframe
marsgents flag
Mwas
anyone seeing a selling opportunity on gold ?
@Mwasyes to 50 or 40
Sly flag
But, I don't advise to analyze both in details side in side
Sly flag
It can actually get really confusing
Mwas flag
javin_321
@javin_321yeah the correlation does not always hold
Sly flag
javin_321
@javin_321 90% correlation is great bro
Sly flag
I don't even know if any pairs have a 90% correlation
Combat. flag
EuroTrader
@EuroTrader.. Is the 1m time frame
Super Scalping flag
EuroTrader flag
Here we go with my shorts on eurusd i just executed shorts
EuroTrader flag
Super Scalping flag
OMG GOLD want to dump again
Mwas flag
And given the BoE decisions I think the pound might appear weak
Super Scalping flag
I cant image why GOLD still want to dump
EuroTrader flag
Combat.
@Combat.yes thats the on eminute time frame, i was looking to engage sells on eurusd
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