Cable Update (GBPUSD)

read with me 2

Levels of the equation Camarillo. Equation creates 8 levels from yesterday's high, low, close, open. These levels are divided into two groups and are numbered from one to four. Pattern formed by those levels is symmetrical and the most important levels are called h3, h4, l3, l4. During the day traders are waiting for when the market will unfold, referring to the levels h3 and l3. Then they will open stand against the trend, putting the foot somewhere in front of levels or h4 l4. This theory proposes the installation of stops for both prudent traders, not even opening the position until the price is not the level of strikes in the "right" direction, for example showing that the price has found support or resistance. Applying this to the level h3 means that the price went up to the level of unfolded and goes to the south.

Sell through Camarillo.

1.Rynok between h3 and l3. If the market opens between these levels, you must wait until the price does not reach one of them. When any of these levels will affect the price, it will be your deal.

As soon as the money raised h3, according to the rule you need to sell, placing stop somewhere between the levels of h3 and h4, thinking that the market will develop, and if there is a small chance that the price will go higher h4, preventing the destruction.
[This system offers you, wait until the price returns to the level h3 before start selling again. Exactly the opposite is the case, when the price touched the level of l3.

Another way to trade is to consider the levels of l4, h4 levels as a breakthrough, in other words to go along with the price, if it breaks one of the levels. In essence, it covers all the basics: Trade between the levels of h3 and l3 will allow you to catch a slight movement of the market within days, and levels h4 l4 and allow unexperienced trader to make capital out of sudden and powerful movements.

read with me 3

The market outside the h3 and h4

In this case, you wait until the price returns to the interval and l3 h3 - then you will trade with the trend, and again, put the stop to the levels h4 and l4.

Getting a profit - your work, trailing now seems popular.

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You need to be aware of what you will "want" to receive income during the day several times, because it is unlikely that the market is to bypass your order.

Such reversals happen quite often during the intra day.

2.Torgi on breakouts

The levels of L4 and H4 themselves phenomenal breakthrough levels.If the price breaks through these levels, there is a greater chance that the price and go in this direction

3.Podvedem results

Someone said that this picture is worth 1000 words.

You can see how Camarillo predict what will happen in that day

In this lies the "mystery of Camarillo.

The idea is that the price usually goes between the levels of h3 and l3, and you can buy at one level and prodovat from another.

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and if the stroke of the fourth level, the most likely reach the 5-th, that is, to put a warrant little further levels 4.

This is the basic meaning of this idea.

Newbie here, tried posting intro, etc in last 2 weeks, do not know if moderator is sleeping on my posts...

Anyway, facsinated by chat about H3/L3/I3.....but have no clue what they mean! where can I read up on that please?

Hi

GY GAP up 100+ till now

HI Kill,
Excellent job. 100%.
Keep it up.
I will add it to my toolset

Dude it's a 100pip spread. Most brokers do that during the weekend. At market open you'll see a reasonable spread down close to the bid. There will be no substantial gap. A few pips gapped down is what's expected.

The few gaps we've had recently has everyone looking for these massive gaps that aren't that common.

spread is 22 see it

Why Gap down is expected?

BT keefak ya bash


yen gap is about 50 thats why gy is up

cable and fiber the same till now

I am using MBT Navigator, i got stuck in my position for Hours until it turns red from +100 pips, it was at EST 8:00am

call them raise hell they should give it back

My view, we would see a high only of about previous high not much, and then down 1.4380............ 1.4480 gat short with s.l 80 t.p 100-150pips

I think you are right with your number of 1.448 but I think there is a huge risk that if that number breaks then we could be going up towards 1.47. reason being is that this is the 38% fib retracement on the four hour chart. 1.448 breaks and there will be a big run up (only my opinion of course)

I also use MBT (less and less since opening a UK FXCM)
and agree with hhitch of the times there is maintenance
on MBT. Might always be a good time to clear the account
and be flat. I also have seen the platform go into a 'brain
freeze' more often during volatility and even at other times
for no clear reason so I have found that if I close the platform
and re-login, it clear up and begins operating again. That won't
work during the scheduled maintenance.

Dr. D.

$GBPUSD falls after hitting resistance at 1.4488 soon after the open. Break of 1.4456 exposes 1.4422, 1.4375 if risk aversion returns. so it should go to DP at around 1.4425 and then 380 might be doubtful , idk, which is where i am planning to go Long. I highly doubt it will break the 1.4540 area on Monday due to Strong Resistances at 1.4529(50 hrs EMA in 4-hour chart). Tuesday with the GDP news this should be broken and take us to 1.4637

Cant see anything stopping 100pips tp. Another entry from the bounce at 1.4395 to daily pivot 1.4432 then another short to the down side 1.4400-1.3990. This is my ernest view b4 U.K opens some 150-200pips taken

Looks like the DP has held it down really good. its bouncing off to 1.4480. Are we going to 380 today ? May be the next wave will take it down at UK open. With no GBP news today and EU closed GU will probably range all day....

just in, SL last high, target before Friday low or at US open (maybe). sorry no chart. little busy right now.
see u.

:nerd:grin:P today 07.00 am GMT + 7 1.4454 ! The last movement was bouncing from there !

I took some longs at my weekly pivot , ole pound seems a little sluggish up here so the 2nd tgt may be a little lofty for today. Stops 20 pips in the money so will see what happens . Wishing every one a prosperous week, cheers all