I am seeing the same thing on my charts however the day is still young! I am waiting for the European open to see where this pair goes.
Show me the PIPS!
GBPUSD today 10 replies
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Dislikedlol! what's up with this forum the '5min strategy' post gets replies and something that is actually important doesn't?
Guys stop looking for the holy grail system and concentrate on something that actually works day in day out.
That is the problem with Forex today people add a few indicators together and think they have unlocked the secret to trading. Systems found on forums do not work long-term.Ignored
Dislikedbut something as simple as learning what a CPI is and how it links to other reports can help a lot with day trading. You can predict beforehand what direction a report will come out and it helps predict the trends direction.Ignored
DislikedHey Groovenator, I can't access that link from here in China. Any chance of attaching it as a download?Ignored
Dislikedlol! what's up with this forum the '5min strategy' post gets replies and something that is actually important doesn't?
Guys stop looking for the holy grail system and concentrate on something that actually works day in day out.
That is the problem with Forex today people add a few indicators together and think they have unlocked the secret to trading. Systems found on forums do not work long-term.Ignored
DislikedYou're absolutely right.
However, those who lean toward fundies a bit too strongly commonly lose the power of the retracement - an awesome tool rarely used and/or talked about on these Forums.Ignored
DislikedHordes of people are so misinformed chasing the dream of a perfect system. Systems are just systems you can spend your life adding indicator to indicator and you will never get anywhere.
Countries are run by economies it is beyond me why people do no take not of economic news.Ignored