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Why is GBPUSD called cable? 67 replies
GBPUSD today 10 replies
1D - GBPUSD 2 replies
What is the next resistance line on GBPUSD? 3 replies
GBPUSD Triangle 4 replies
Quoting BemacDislikedInteresting Chart Accrete.
Check out the similarities...It's a minor varaition of Vegas Daily Opening Range Break combined with an exit target 'n' pips of an average daily range for the pair.Ignored
Quoting accreteDislikedFacinating Bemac, almost pip-on! Is there a thread/link that would give more information on the DORbreak? Sounds like a good arrow to add to the quiver(?).
Cheers,
ThomIgnored
Quoting BemacDislikedInteresting Chart Accrete.
Check out the similarities between your entry/target exits and the 30 min GBP/USD I posted in Chart Analysis. Entries being grey line breaks. Exits being Dots.
http://www.forexfactory.com/forexfor...&postcount=568
It's a minor varaition of Vegas Daily Opening Range Break combined with an exit target 'n' pips of an average daily range for the pair.Ignored
Quoting smjonesDislikedBemac,
That makes a lot of sense. One should not be shorting when price is breaking the openning channel to the upside.
What time GMT are you basing the open range to start on the GBPUSD?
I know it is a dumb question, I just want to be on the same page as you...
Thanks alot, ScottIgnored
Quoting BemacDislikedThe New Day Starts @ Midnight EST. {New York} But it is an input and can be changed to whatever you prefer. Vegas {I belive} prefers the CME Globex Close which is {if I remember correctly} 6:00 PM EST {5:00 PM Chicago}Ignored
Quoting smjonesDislikedHey, thanks I did not know that about the Globex...
which do you prefer to use? Thanks ScottIgnored
Quoting BemacDislikedI know it sounds like curve fitting, but it varies depending on the pair.
For GBP/USD I use Midnight EST. it just seems to work better.
If you have VT the indicator is available @ http://www.visualtradingcharts.com/f...hp?p=9378#9378
Later Ver with Fib Pivots
http://www.visualtradingcharts.com/f...hp?p=9398#9398Ignored
Quoting adam3000Dislikedwhy dont you make it clearly by posting the chart ?Ignored
Quoting mrmikalDislikedI dunno, it's pretty clear...he gave us exact numbers.
I'm sure we all have the capability of charting these numbers ourselves.
Hagadol, keep posting those points, my friend...I sincerely hope you continue with this process every day...in some sort of a journal fashion...definitely helps a lot of us out there.Ignored
Quoting adam3000Dislikedwhy dont you make it clearly by posting the chart ?Ignored
Quoting hagadolDislikedYou are missing the point - I have 3 screens of Cable in front of me all day. This list complements the charts and often helps ID areas, which I might miss on the chart.
As you will see on the list above, each entry is seperated by a blank line unless it is within 5/6 pips of another entry, then the line inbetween is removed and it shows a possible area of S/R (Confluence).Ignored