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Cable Update (GBPUSD)

  • #222,341
  • Apr 29, 2010 12:00am Apr 29, 2010 12:00am
Quoting hhitch
hey Magix can you tell me what the little orange rectangle is all about? (chart attached) thanks
I had answered this in a previous post, and is on my thread as well.

Used on my fxsol meta 4 charts, it acted as somewhat of a pivot level. On different charts that dont carry the same start of day, its just an orange box on the screen.

Go into the indicators list and delete the i-sessions indicator, and it will trouble you no longer.

The i-sessions indi when loaded and adjusted shows the individual sessions as they are played out and the range of play in a candle form.

Hope this helps H.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #222,342
  • Apr 29, 2010 12:03am Apr 29, 2010 12:03am
I'm sorry to trouble you... having missed the reference to this in a previous post. actually I don't want to remove it, just understand it... and what I understand is that it encompasses the range of the previous session ?

anyway I'll figure it out... I know now that it's the iSessions indicator, and I can tweak that if I like, to use it.

Quoting Magix
I had answered this in a previous post, and is on my thread as well.

Used on my fxsol meta 4 charts, it acted as somewhat of a pivot level. On different charts that dont carry the same start of day, its just an orange box on the screen.

Go into the indicators list and delete the i-sessions indicator, and it will trouble you no longer.

The i-sessions indi when loaded and adjusted shows the individual sessions as they are played out and the range of play in a candle form.

Hope this helps H.
"The real genius is knowing when to stop." - Marc Faber
  • #222,343
  • Apr 29, 2010 12:08am Apr 29, 2010 12:08am
Quoting hhitch
I'm sorry to trouble you... having missed the reference to this in a previous post. actually I don't want to remove it, just understand it... and what I understand is that it encompasses the range of the previous session ?

anyway I'll figure it out... I know now that it's the iSessions indicator, and I can tweak that if I like, to use it.
If you are using the cam, it automatically shows the pivot level based on daily open. True market open as Dr.D was explaining a few pages back. The usefulness of the i-sessions is redundant.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #222,344
  • Apr 29, 2010 12:08am Apr 29, 2010 12:08am
Quoting Magix
I had answered this in a previous post, and is on my thread as well.

Used on my fxsol meta 4 charts, it acted as somewhat of a pivot level. On different charts that dont carry the same start of day, its just an orange box on the screen.

Go into the indicators list and delete the i-sessions indicator, and it will trouble you no longer.

The i-sessions indi when loaded and adjusted shows the individual sessions as they are played out and the range of play in a candle form.

Hope this helps H.
can i have a link to your thread kind sir
  • #222,345
  • Apr 29, 2010 12:11am Apr 29, 2010 12:11am
ok I see. I did read the doctor's post on Camarillo Brillo and I get what you are saying, so I will disable the i-sessions. thanks for your idulgence

Quoting Magix
If you are using the cam, it automatically shows the pivot level based on daily open. True market open as Dr.D was explaining a few pages back. The usefulness of the i-sessions is redundant.
"The real genius is knowing when to stop." - Marc Faber
  • #222,346
  • Apr 29, 2010 12:16am Apr 29, 2010 12:16am
Quoting forexlion
can i have a link to your thread kind sir
if i'm magix i would definitely kick your head..,
I will be the number one Manager.
  • #222,347
  • Apr 29, 2010 12:17am Apr 29, 2010 12:17am
Quoting forexlion
can i have a link to your thread kind sir
Same thread as always lion.

http://www.forexfactory.com/showthread.php?t=208103

Have been adding some mods and changes, working on the All New Voodoo.

Nothing solid put together, just bits n frags throughout the pages of the cable thread.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #222,348
  • Apr 29, 2010 12:25am Apr 29, 2010 12:25am
so did you go through the old thread and edit old posts? I already pretty much went through the whole thing before...

or are you talking about fragments on this thread.

Quoting Magix
Same thread as always lion.

http://www.forexfactory.com/showthread.php?t=208103

Have been adding some mods and changes, working on the All New Voodoo.

Nothing solid put together, just bits n frags throughout the pages of the cable thread.
"The real genius is knowing when to stop." - Marc Faber
  • #222,349
  • Apr 29, 2010 12:27am Apr 29, 2010 12:27am
Quoting hhitch
so did you go through the old thread and edit old posts? I already pretty much went through the whole thing before...

or are you talking about fragments on this thread.
Everything that I have added has all been done here H.

I haven't posted or edited the old thread since I turned out the lights.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #222,350
  • Apr 29, 2010 12:32am Apr 29, 2010 12:32am
oh ok cool. that's why I might have missed a bit here or there. I try to go through everything on this thread, but sometimes life intervenes

once again let me express my appreciation for your wisdom, and willingness to share the insights you've attained. it's good stuff

Quoting Magix
Everything that I have added has all been done here H.

I haven't posted or edited the old thread since I turned out the lights.
"The real genius is knowing when to stop." - Marc Faber
  • #222,351
  • Apr 29, 2010 12:33am Apr 29, 2010 12:33am
don't know why, but looks like bear is in a rush now..., there is hidden bearish div on i hours chart.., so it's allowable to drop if she want too...
I will be the number one Manager.
  • #222,352
  • Apr 29, 2010 12:34am Apr 29, 2010 12:34am
there is a bullish DV on H1 near the S1 and monthly pivot so i buy
here and add some near the S1 tight SL 1.5115
Attached Image (click to enlarge)
Click to Enlarge Name: gbp.gif Size: 39 KB
  • #222,353
  • Apr 29, 2010 12:38am Apr 29, 2010 12:38am
Hi Everybody

I have noticed some red pound news to follow soon any thoughts on the in pact bull bear
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  • #222,354
  • Apr 29, 2010 12:38am Apr 29, 2010 12:38am
hmmm.... I could be wrong, but to me that's not divergence because it just follows the lows as they go up in a retracement. I'd say if MACD crosses down on the one hour, all bets are off... my $.02 for what it's worth...

Quoting peyman
there is a bullish DV on H1 near the S1 and monthly pivot so i buy
here and add some near the S1 tight SL 1.5115
"The real genius is knowing when to stop." - Marc Faber
  • #222,355
  • Apr 29, 2010 12:39am Apr 29, 2010 12:39am
Quoting javapips
don't know why, but looks like bear in a rush..., there is hidden bearish div on i hours chart.., so it's allowable to drop if she want...
Unless the 1m gains support, we are still bearish.

IMO.

If the 24 is above the 200 on the 1m, this is the time to not be short, until then, you can see that every time we touch the 200 on 1, there is a short op.

200ema, yellow line
24sma, red line
Attached Image (click to enlarge)
Click to Enlarge Name: 1ms.jpg Size: 104 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #222,356
  • Apr 29, 2010 12:41am Apr 29, 2010 12:41am
yeah! it's also worked well to short when the 5min touches the 55.

Quoting Magix
Unless the 1m gains support, we are still bearish.

IMO.

If the 24 is above the 200 on the 1m, this is the time to not be short, until then, you can see that every time we touch the 200 on 1, there is a short op.

200ema, yellow line
24sma, red line
"The real genius is knowing when to stop." - Marc Faber
  • #222,357
  • Apr 29, 2010 12:52am Apr 29, 2010 12:52am
Quoting Magix
Unless the 1m gains support, we are still bearish.

IMO.

If the 24 is above the 200 on the 1m, this is the time to not be short, until then, you can see that every time we touch the 200 on 1, there is a short op.

200ema, yellow line
24sma, red line
Hey magix , we havent had a good test of todays open yet , USD got a tinge of weakness atm, possibility of a poke up to tht area
  • #222,358
  • Apr 29, 2010 1:03am Apr 29, 2010 1:03am
Quoting digger1
Hey magix , we havent had a good test of todays open yet , USD got a tinge of weakness atm, possibility of a poke up to tht area
Absolutely agree with that dig.

I took short on the 5 at the rollover, and have been taking small scalps since.

A couple of things to note, 1, we have to test the 200 on 15 at some point, today is as good as any, but 2, there has been a chart low that London session hasn't tested yet.

I do believe that if the 1m chart gains control, we will see the 15m 200, but only if there has been no new low created on the week prior to this happening.

For now, those that feel the need to go long, should do so cautiously, anything really is possible.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #222,359
  • Apr 29, 2010 1:07am Apr 29, 2010 1:07am
Good morning traders,

Thought I'd post an H4 chart. It looks like we could be at some strong support (or not). Just had a little try to break the line and then an aggressive bounce back up. Could be testing.

Good luck to all,


Dazzer
Attached Image (click to enlarge)
Click to Enlarge Name: april 27 2.gif Size: 42 KB
  • #222,360
  • Apr 29, 2010 1:09am Apr 29, 2010 1:09am
long here

1.5142....... tight stop target 1,5240 ish , very high risk trade

down move in asia are 90 % of time positioning for opposite moves in London

Quoting Magix
Absolutely agree with that dig.

I took short on the 5 at the rollover, and have been taking small scalps since.

A couple of things to note, 1, we have to test the 200 on 15 at some point, today is as good as any, but 2, there has been a chart low that London session hasn't tested yet.

I do believe that if the 1m chart gains control, we will see the 15m 200, but only if there has been no new low created on the week prior to this happening.

For now, those that feel the need to go long, should do so cautiously, anything really is possible....
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