Divergence Pip Range Trading

As a result of GBP bouncing, GBPAUD created a good looking setup right off the daily open level and once the bearish pinbar formed, it was a case of confirmation. Closed for +11.

Probably the last trade of the evening as I want to be well clear when Yellen and Draghi begin their speeches later.

GBPAUD popped and managed to get a great entry as it reversed within a couple of seconds of entering (pure luck) but will always take that! +13 to end the week.




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A nice classic breakout here on GBPAUD after a 5 hour consolidation of just 17 pips. Waited for the break and entered when price was retesting the breakout level. Closed for +12.

Off to enjoy some time in Sydney for a few days, trade well!

Lucky! Enjoy yourself

Had a great time in Sydney but could never live there.

Sydney harbour was perfect, though.

Looking forward to NFP.

ast trade of the night and GBPUSD again threatened the daily/session highs whilst EURUSD was breaching 1.1900 handle. I felt 1.3010 represented major resistance for GBPUSD and allowed me some freedom to take this trade. I originally targeted 1.2970 but let myself be guided by EURUSD dropping to fresh daily lows. Got some positive slippage on exit for +23.

Have a great weekend.

Does anyone have feedback on Thinkmarkets?

I've only used their demo mt4, not live. It works fine. Dunno if that helps much, sorry, lol.

EURUSD being good to me at the moment. A good setup formed right on the UK open and given where price was sat in relation to resistance it seemed a good trade to take. I aimed for a new low of the day to extend the small range and then got a nice bit of positive slippage for +22.

I took this trade based more on the time based setup than the range chart but it was good to see validation on there too.

After GBPAUD rallied off of the daily lows, it ran into 1.6255 area which as displayed on the hourly chart is a great area for some pullbacks.



The idea was if price kept going I was willing to add around the 1.6270-75 area but price didn't ever get more than 4 pips offside. Closed for +11.5 which was the edge of the cloud.

Does anyone here use Prorealtime for Range bar charts ?
If so - any good for trading /forex and indicies?
I tried their site but didn't find what I wanted.
Thanks

New trading chair arrival! It wasn't cheap but it looks badass and is extremely comfortable on first try.

https://www.instagram.com/p/BY4mn_0B26g/

Schhhwiiiiinnngggg!!!

Never used Prorealtime, you can just use MT4 for charting purposes and trade elsewhere if needed.

I've been running my PC for over 5 years which I custom built back in 2012 and it's beginning to show its age. Intel are launching a new chipset called Coffee Lake in 4-6 weeks but from quite a bit of research the current gen i7 will be more than ample for what I need. A trading computer isn't that demanding on hardware so I've gone for a middle of the road spec with a reasonable GPU to allow multiple monitors to be added. Any thoughts?

Case:Corsair Carbide 270R Windowed Black Mid Tower
Motherboard:Intel H270 Chipset mATX
CPU:Intel Kaby Lake i7 7700 4-Core 4.2GHz
CPU Cooler:120mm Tower Air Cooler
RAM:16GB DDR4 Black
Primary Storage Device:512G SATA3 SSD Pro Edition
Graphics Card:Nvidia GTX 1050 TI 4GB OC
Network:WiFi Dual Band N PCI-E Adapter
Power Supply:500w ATX 80 Plus Gold
Operating System:Windows 10 64bit Home Edition USB

A quick video from the trip to Sydney. Lots to learn on the editing front!

The last trade of the evening and a reasonable trade on EURAUD. Price is in a very tight range of just 43 pips (10 day average is 122) and I felt there was a good chance price would stay within this range with nothing to drive it. I ended up setting a 2nd entry via a sell limit and got pinged nicely. Closed for +1 and +10 respectively.

GBPAUD took a breather and bounced 25 pips and then formed a good setup. Closed for +12.

New screens. Absolutely amazing!

https://www.instagram.com/p/BZ5bPEqB...flipfloptrader