according to IBFX on MT4 (this is what i use for my signals) and i know that a week or two ago everyone was to use ODL feed on MT4, but i havent and probably wont either.
anyway, this is the readings are based on the close of friday:
GBPJPY - 5ema -- 211.11
8ema --210.58
RSI --50.5212
LONG
GBPUSD - 5ema -- 1.9606
8ema -- 1.9600
RSI -- 47.3387
No Trade
These are my readings and I will trade according to this. We all know there are slightly different readings between data feed and when its close call for ema and rsi on the daily, there is a potential for different signals like in this case. Regardless, when its very close, discretion should be used, meaning consider voiding these if other signals are obvious (rsi = 55 or 66 instead of 50.5).
thats my 2pips
anyway, this is the readings are based on the close of friday:
GBPJPY - 5ema -- 211.11
8ema --210.58
RSI --50.5212
LONG
GBPUSD - 5ema -- 1.9606
8ema -- 1.9600
RSI -- 47.3387
No Trade
These are my readings and I will trade according to this. We all know there are slightly different readings between data feed and when its close call for ema and rsi on the daily, there is a potential for different signals like in this case. Regardless, when its very close, discretion should be used, meaning consider voiding these if other signals are obvious (rsi = 55 or 66 instead of 50.5).
thats my 2pips