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  • #261
  • Dec 2, 2007 5:29pm Dec 2, 2007 5:29pm
Quoting harold4x
i mentioned those except eurusd the reason is on my daily chart we do have a ema cross and a stoc cross but rsi is at 56 not below 50 so no sell signal there the others are correct
My IBFX chart shows otherwise. Are we looking at 11/30 daily chart for today's signal?
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  • #262
  • Dec 2, 2007 5:38pm Dec 2, 2007 5:38pm
Quoting burt625
My IBFX chart shows otherwise. Are we looking at 11/30 daily chart for today's signal?
IBFX stops data on Fridays earlier than most brokers do.
  • #263
  • Dec 2, 2007 8:12pm Dec 2, 2007 8:12pm
You Are Right About The Eurusd I Must Have Looked At Another Pair Anyway I Dont Trade That Pair But I Do Trade The Eurjpy And Gbpusd Which Have Signals For Today
  • #264
  • Dec 2, 2007 8:34pm Dec 2, 2007 8:34pm
It Would Be Nice If The Stoc Turns Over On Gbpusd Giving Us A Sell Signal
  • #265
  • Edited 9:42pm Dec 2, 2007 8:58pm | Edited 9:42pm
Quoting harold4x
It Would Be Nice If The Stoc Turns Over On Gbpusd Giving Us A Sell Signal
I am not sure what you are talking about with the Stoch. Could you please clarify. GBP/USD is giving a sell signal on the daily. On my 1hour chart the RSI is well below the 50 line.

Correct me if I am wrong but we would need the RSI to break above 50 and then break down below 50 RSI before anything else would happen.
  • #266
  • Dec 2, 2007 9:07pm Dec 2, 2007 9:07pm
On Daily Chart For Gbpusd On Friday We Have A Sell Signal So What We Look For Now Is For Ema S And Rsi And Stoc To All Cross To Down Side Right Now Emas Are Crossed To Downside And Rsi Is Below 50 But Stoc Which Is Our Cycle Indicator Is Turned Up So When It Turns Down Again And The Emas And Rsi Remain The Same You Have A Down Signal
  • #267
  • Dec 2, 2007 9:31pm Dec 2, 2007 9:31pm
Thank you for the explanation. I thought that the RSI had to cross around the same time as the downturn of the stoch.
  • #268
  • Dec 2, 2007 10:10pm Dec 2, 2007 10:10pm
If The Market Gets Any Slower Than This I Will Fall Off My Chair I Think I Am Going To Bed See You Guys Later
  • #269
  • Dec 3, 2007 12:37am Dec 3, 2007 12:37am
hey, nice to hear frm u all.

well, signals given by TEB, harold concur with mine. so, we just waiting now; just waiting. trade well folks.
  • #270
  • Dec 3, 2007 3:08am Dec 3, 2007 3:08am
Sold GU at 2.0545.
  • #271
  • Dec 3, 2007 3:16am Dec 3, 2007 3:16am
morning all
just closed GU from Friday 2.0620 @ 2.0531 + 89

ps: this was done using a RSI 8
  • #272
  • Dec 3, 2007 3:31am Dec 3, 2007 3:31am
long UC @ 1.1290
  • #273
  • Dec 3, 2007 4:09am Dec 3, 2007 4:09am
Quoting burt625
Sold GU at 2.0545.
I put a TP of 20 pips and went home from work, and I am glad I did! If I didn't I would have ended up with -80 pips as of now. Could it be the fact that the news of manufacturing PMI was better than the forecast?
  • #274
  • Dec 3, 2007 4:34am Dec 3, 2007 4:34am
GBPCHF was a good buy for a decent 40 pips but i missed it on my way back to home! :surprised
  • #275
  • Dec 3, 2007 4:41am Dec 3, 2007 4:41am
AJ could be up @ 11:00
  • #276
  • Dec 3, 2007 4:58am Dec 3, 2007 4:58am
Quoting burt625
GBPCHF was a good buy for a decent 40 pips but i missed it on my way back to home! :surprised

G'day burt
I've got GBPCHF in overbought territory (daily stoch above 85), but i guess some might take it on with caution.
  • #277
  • Dec 3, 2007 5:09am Dec 3, 2007 5:09am
age
shocs maybe overbought on daily but if you put up isma indicator in the same box you will see that its pointing up aswell and it does eventually catch up with the shocs, so that long burt missed would have been a good long trade

and I would have exit now @ 2.3280 as the isma has hit 90 on 1hr
  • #278
  • Dec 3, 2007 5:13am Dec 3, 2007 5:13am
Quoting age13
G'day burt
I've got GBPCHF in overbought territory (daily stoch above 85), but i guess some might take it on with caution.
That is true which is why I would normally go for 20 pips at most and I assess the situation all the time. Sometimes I move SL to break even, other times I just take whatever I have and call it a day. I am not an aggressive trader by nature.
  • #279
  • Dec 3, 2007 5:14am Dec 3, 2007 5:14am
Quoting croesesFX
age
shocs maybe overbought on daily but if you put up isma indicator in the same box you will see that its pointing up aswell and it does eventually catch up with the shocs, so that long burt missed would have been a good long trade

and I would have exit now @ 2.3280 as the isma has hit 90 on 1hr
Share your pips!!! LOL!

Did you by chance enter long short for GBPUSD earlier on when the signal was there?
  • #280
  • Dec 3, 2007 5:17am Dec 3, 2007 5:17am
burt
no, I posted eariler that I had just exit from short GU from Friday
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