Captain_Walker

GBPUSD - of tears for some, joy for others

FX:GBPUSD   British Pound / U.S. Dollar
This is a classic example of who trend indicators can be used to exploit the markets. Many were simply watching structure levels largely - hoping for GBP to move south. The charts were flashing 'go north' on daily and 4H time frames. Then emerged the opportunities on 30 min to 1H time frames as it pumped north. This is not with the benefit of hindsight? Why? Because the market had all the information right there. The lesson in this for some traders who lost would have been about pitfalls of simply following crowd sentiment.
FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus https://youtu.be/NjTdvALChwk ]

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Nice analysis, personally I don't use any indicators because it doesn't fit into my strategy, but for others they work as you have just shown :)
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Captain_Walker ApexFX_Pro
@ApexFX_Pro, 'Tis a free country. ;)
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