GBPCAD short on my watch list.
Beat brokers at their own game - trading round figures
Horizontal Line Alert indicator.
I found this indi very useful. Just drop it on your chart then you can drag and drop it to any levels above or below price that you want to be alerted to when broken.
Say for example I am waiting for the trade to the 100 level on that GBPCAD in the previous post, I set the alert to ping me at the 1.6420 level, I get plenty of time to study the chart and decide what to do.
I found this indi very useful. Just drop it on your chart then you can drag and drop it to any levels above or below price that you want to be alerted to when broken.
Say for example I am waiting for the trade to the 100 level on that GBPCAD in the previous post, I set the alert to ping me at the 1.6420 level, I get plenty of time to study the chart and decide what to do.
- #63
- Sep 17, 2019 3:18am Sep 17, 2019 3:18am
- | Commercial User | Joined Aug 2014 | 3,922 Posts
Horizontal Line Alert indicator. I found this indi very useful. Just drop it on your chart then you can drag and drop it to any levels above or below price that you want to be alerted to when broken. Say for example I am waiting for the trade to the 100 level on that GBPCAD in the previous post, I set the alert to ping me at the 1.6420 level, I get plenty of time to study the chart and decide what to do. {file}
there is always, always another trade!!
GBP news today at 9:30 so I wanted to grab a quick scalp and close my PC until after the news.
EURO is obviously very strong so I scanned my charts for possibilities. No RN system trades available so I chose the EURNZD pair. 7 pips nett.
Candlesticks just didn't look so good on EURAUD, it was still a good potential long but EURNZD looked better.
EURO is obviously very strong so I scanned my charts for possibilities. No RN system trades available so I chose the EURNZD pair. 7 pips nett.
Candlesticks just didn't look so good on EURAUD, it was still a good potential long but EURNZD looked better.
The currency strength meter alerted me to CAD weakness so I looked at a few related pairs and EURCAD looked the most promising for an attack of a round number.
Simple as that.
By comparison the GBPCAD also shows GBP very strong against a weak CAD and the ADR is well below average but the price is nowhere near the big number, yellow line above. Not good. It may well be worth a look later if it keeps going up.
Try it yourselves
Simple as that.
By comparison the GBPCAD also shows GBP very strong against a weak CAD and the ADR is well below average but the price is nowhere near the big number, yellow line above. Not good. It may well be worth a look later if it keeps going up.
Try it yourselves
GBPNZD long using a pending order.
Stress free trading using patience and discipline.
Today I woke up, opened my charts, checked the currency strength indie for interesting pairs, opened those charts looked for a good trend with price approaching the key levels, set my pending orders.
Go make a cup of tea.
Stress free trading using patience and discipline.
Today I woke up, opened my charts, checked the currency strength indie for interesting pairs, opened those charts looked for a good trend with price approaching the key levels, set my pending orders.
Go make a cup of tea.
