Disliked{quote} Im holding it till 1.30800. Hopefully the bear awake tooIgnored
Don't Leave Money on the Table
Cable Update (GBPUSD)
- #474,401
- Jan 31, 2019 6:48am Jan 31, 2019 6:48am
- Joined Jan 2016 | Status: Trader | 5,200 Posts
Don't Leave Money on the Table
- #474,404
- Jan 31, 2019 7:57am Jan 31, 2019 7:57am
- Joined Sep 2015 | Status: Trader | 2,516 Posts
{quote} I'm sorry, but your definition of a "Tick" is incorrect I'm afraid mate.. .A "Tick" is a movement of price and and they are not displayed on the 1 Min compression. Sure, you see the price move up and down filling orders via the D.O.M (Depth of Market), but the real display is shown in this image below found via your Market Watch Panel's lower tabs. (Or via the D.O.M Panel) example: If EUR/USD price is: 1.12000 and it moves to 1.120001 (one point), that's a "Tick". What you're trying to explain is Time, Over Volume Over Distance...
Always happy to hear from a fellow trader.
Please realise its not my definition so I will not challenge you on this. I use a indicator to perform the Task of measuring speed and I can relate this number I receive to the speed I see a Tick Chart move. I get three numbers from the indicator and it is live and always flashing numbers but it gives me that trading edge.
Yes, speed is time over distance in relation to volume but to keep things simple, I use the designers description.
Take it up with them, I am only a offering their description.
I just make money trading first and if my explanation details are not correct, I am always happy to be pulled up on this.
Safe trading.
Cheers Rick
Trading thin liquidity at the boundary of the charts
- #474,406
- Jan 31, 2019 9:10am Jan 31, 2019 9:10am
- | Membership Revoked | Joined Nov 2014 | 1,911 Posts
{quote} Hi FXCyborg Always happy to hear from a fellow trader. Please realise its not my definition so I will not challenge you on this. I use a indicator to perform the Task of measuring speed and I can relate this number I receive to the speed I see a Tick Chart move. I get three numbers from the indicator and it is live and always flashing numbers but it gives me that trading edge. Yes, speed is time over distance in relation to volume but to keep things simple, I use the designers description. Take it up with them, I am only a offering their...
Erm, I did ask you "what is your definition of a Tick". You can challenge me all you want mate. It's all good.
Any way, if you're just giving your view on how the indicator you are using works, that's all fine, maybe you misunderstood what the author really means by a Tick.
I don't need to take it up with them mate. You're more than welcome to Google it, you'll see I'm cutting it to you straight.
I know several Market Makers cross the world who use the "Tick Chart" to place their orders. If you ask me, that's the quickest way to a heart attack lol
Advanced Price Action Trader -MY STUFF IS FREE! JOIN ME!
- #474,411
- Edited 2:19pm Jan 31, 2019 12:57pm | Edited 2:19pm
- Joined Mar 2008 | Status: Name real with real own way | 23,414 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #474,413
- Jan 31, 2019 1:35pm Jan 31, 2019 1:35pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Coming off some resistance with an interesting weekly area below {image} {image} {image}
To master Cable, you must first master yourself Daniel son...
Come with me if you want to live....
- #474,414
- Jan 31, 2019 1:36pm Jan 31, 2019 1:36pm
UPP 
Daily
and H4: https://i.imgur.com/jgF4HnG.jpg (also inverted SHS creating on H4 -> https://i.imgur.com/d54mrRB.jpg )
Daily
and H4: https://i.imgur.com/jgF4HnG.jpg (also inverted SHS creating on H4 -> https://i.imgur.com/d54mrRB.jpg )
- #474,417
- Jan 31, 2019 10:32pm Jan 31, 2019 10:32pm
- Joined Jan 2019 | Status: Trader | 2,847 Posts
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
- #474,420
- Feb 1, 2019 12:10am Feb 1, 2019 12:10am
- Joined Aug 2018 | Status: Research Analyst | 4,292 Posts
{quote} Who told you that? Is that just some made up number(110 pips) or what? This logic makes no sense. Focus on HH, LL, LH,HL first to get your confirmations... arbitrary numbers do not dictate reversals or continuations.
Data + Stat + Risk/Emotions Management