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Cable Update (GBPUSD)

  • #264,401
  • Nov 15, 2010 4:05pm Nov 15, 2010 4:05pm
Here is a copy from my IG account

Quoting kaspopsicle
Yup.. i've shown you mine ..thought you are using Mt4
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  • #264,402
  • Nov 15, 2010 4:10pm Nov 15, 2010 4:10pm
Thank you. I see yours is @1.5946...i' m closing in yeh! I've experienced problems with IG /IT Finance data feed B4 but nevet clocked it to this extent >Thank you so much for your time
All systems of divination, like music itself,work through patterns.
  • #264,403
  • Nov 15, 2010 4:14pm Nov 15, 2010 4:14pm
Quoting kaspopsicle
Hello. could you shout me the price you have for your 200ema on your 4 hr, please, got the old knicks in a bit if a twist... thanks in advance.
Here it is as per mouse over, and I like where your going with that kas....

I got a long term shroud on the H4 and a trigger below.

4 dig broker, might be out by a couple in comparison to the 5 digis...
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #264,404
  • Nov 15, 2010 4:15pm Nov 15, 2010 4:15pm
I think the difference is that the feed starts 1 hour before my MT4 feed on Sunday

Not 100% sure if that causes the problem


I am talking rubbish ignore above lol


Quoting kaspopsicle
Thank you. I see yours is @1.5946...i' m closing in yeh!
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  • #264,405
  • Nov 15, 2010 4:37pm Nov 15, 2010 4:37pm
Daily TF

could be wrong
Time Will Tell.

Rgds,iqyu
Prev : http://www.forexfactory.com/showpost...&postcount=883
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not euphoria follower
  • #264,406
  • Nov 15, 2010 4:43pm Nov 15, 2010 4:43pm
Sorry to bother you again, but i've just worked out that the "bog standard" (forgotten the term that they use) charts as opposed to the advanced are , or appear to be ,4 min. faster than the advanced.Prolly worked out on av, data fed. No wonder i had such a good time last May when the advanced platform crashed. I'm posting this as a thankyou for your time but also as a record of real time so's that if anyone else has the problem i've experienced, hoprfilly they will find some support.
All systems of divination, like music itself,work through patterns.
  • #264,407
  • Nov 15, 2010 5:05pm Nov 15, 2010 5:05pm
You're pure Magicx...thamk you , thank you thankyou ...thats what i needed ..a mouseover. 5 hour diff. doesnt matter its the feed that does it.

Have a good evening/nights worth of trades. I love you Magix.

Trade well.. kas
All systems of divination, like music itself,work through patterns.
  • #264,408
  • Nov 15, 2010 5:17pm Nov 15, 2010 5:17pm
Quoting kaspopsicle
You're pure Magicx...thamk you , thank you thankyou ...thats what i needed ..a mouseover. 5 hour diff. doesnt matter its the feed that does it.

Have a good evening/nights worth of trades. I love you Magix.

Trade well.. kas
The only thing that matters when using the 200s as a target is the fact that the market will move at it's own pace. The longer term 200s, h4, daily, weekly will keep fairly constant, but are still subject to change. I have 6 brokers with varying H4 values, as low as 32 as high as 45...someplace in there, if the momo continues, I am sure you will find your mark. Playing off the 4H exclusively as some do, they will have hundreds of pips worth of stop loss built into their plays, making a precision call on the target, can be a little tough.

If you are triggering off the shorter term time frames, from min up to the hourly, these can change quite dramatically in the time it takes market to work up or down from them. Of course, playing the trends and covering your ass on your trades never hurts....
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #264,409
  • Nov 15, 2010 5:25pm Nov 15, 2010 5:25pm
For those that use trade pairs and correlations, the EG chart might be of a little interest to ya....

We seemingly have built up a line of support on the current hourly chart and on a trigger, could see some heavy Bull Pressure from the Euro.

This is a chart I don't typically trade, but when it looks this sexy, I can't help but want to take a small bite of the apple.

If we find support on Weekly Low and trigger above the turquoise line, I will be shooting for the 200EMA hourly. Nice little take for a few sheckles.

What will this mean for the Other Pairs?

With cable having a bit of a bearish tendency, we could find a few more trades in the EU pair, and having a watch on the dragon, playing the bull, we could find some long action on EJ...
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #264,410
  • Nov 15, 2010 6:27pm Nov 15, 2010 6:27pm
Quoting Beljevina
Hey Elliot, Not too shabby ... trading mostly EURUSD - one of the few that's behaving lately ... I miss GBPJPY, but USDJPY has us grounded ... sterling overall esp GBPUSD seems very confused too ... I hate this waiting for other events to occur, to drive the currencies, & then you get a wolf market pop ... Hope things are good for you ... been thinking, we need to have a ceremonial sunsetting of the auslanco forum ...
lol... me too bel...have been ditching GBPJPY for a while and keeping most of my charts on GBPUSD and EURUSD...seems more logical to trade nowdays...dun worry...dragon is just sleeping & wait till it awakes then you'll see the auslanco thread would be busy as usuall & fighting .thing are good for me...and hoping the same to you... just missing some of the good trader like with their analsys (include you) good luck bel...have a safe trades...
  • #264,411
  • Nov 15, 2010 6:32pm Nov 15, 2010 6:32pm
Quoting iqyu5an
Daily TF

could be wrong
Time Will Tell.

Rgds,iqyu
Prev : http://www.forexfactory.com/showpost...&postcount=883
hi iqyu....your analysis is good...but it would be even better with a bit of explanation especially for a newbie like me...just IMHO....
  • #264,412
  • Nov 15, 2010 8:37pm Nov 15, 2010 8:37pm
Quoting kaspopsicle
Thanks and thanks Darren. Mine is @15954...so its only 24 pips out...as i've said all along..dont follow my trades do your own. What i cant understand is that my trades, based on the indys that i use ,work to my satisfaction..Normally they are only a couple of pips away from people i trust and respect. So.. i'm assuming that my 200ema is out of synch.Will be ringing my data feed provider in tha morning.I've got the feed as attached..
hi kas,

there's a few things that affect differences in MA placement with different brokers. lookback periods, and the 4H in particular because of closes. I tend to take an aggregate of 4 reliable feeds for targets. MAs are fuzzy logic anyway, so I don't depend on them for trading decisions solely, only where they are in relation to real SR for corroboration.

atm my 4H MT4 200's have moved up to 15940 area, and on another feed it's slightly lower.

if what you're using works fror you, that's all that matters.
  • #264,413
  • Nov 15, 2010 8:41pm Nov 15, 2010 8:41pm
anyone knows what the MA Periods that Dr. D used in his posted chart ?

I just reinstalled my mt4 and forgot to backup the template.

Thx
  • #264,414
  • Edited 9:31pm Nov 15, 2010 9:17pm | Edited 9:31pm
Quoting Fudomyo
there's a few things that affect differences in MA placement with different brokers. lookback periods, and the 4H in particular because of closes.
History of the broker will also have an effect, particularly on the Weekly/Monthly charts.....
Quoting Fudomyo
MAs are fuzzy logic anyway
Fuzzy Logic?
How so?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #264,415
  • Edited 9:57pm Nov 15, 2010 9:41pm | Edited 9:57pm
Quoting stoopid
anyone knows what the MA Periods that Dr. D used in his posted chart ?

I just reinstalled my mt4 and forgot to backup the template.

Thx
Nevermind, found them already
http://www.forexfactory.com/showpost...stcount=248554

Thx anyway, lol...
  • #264,416
  • Nov 15, 2010 10:01pm Nov 15, 2010 10:01pm
Quoting Magix
Fuzzy Logic?
How so?
most probably me meant MA in this category, i presumed...

fuzzy logic
[n] - a form of mathematical logic in which truth can assume a continuum of values between 0 and 1
  • #264,417
  • Nov 15, 2010 10:08pm Nov 15, 2010 10:08pm
Quoting Mr.Elliott
most probably me meant MA in this category, i presumed...

fuzzy logic
[n] - a form of mathematical logic in which truth can assume a continuum of values between 0 and 1
No disrespect meant to Fudomyo...

I see a lot of people post stuff saying that MA's are laggy, or have no bearing or relevance, or are an improper way of trading...

I see a lot of these same people:
1. Using an indicator based on moving averages
2. Have their asses consistently handed to them.

Again, not saying that Fudomyo is in either category, just wanted to have him go through his idea of the fuzzy logic.

In all seriousness, there is no perfect system, and the best tools in the hands of a moron will not create success....
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #264,418
  • Nov 15, 2010 10:28pm Nov 15, 2010 10:28pm
critical point, who's gonna win?
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Life is short..so learn from your mistakes.
  • #264,419
  • Nov 15, 2010 10:37pm Nov 15, 2010 10:37pm
Quoting Magix
No disrespect meant to Fudomyo...

I see a lot of people post stuff saying that MA's are laggy, or have no bearing or relevance, or are an improper way of trading...

I see a lot of these same people:
1. Using an indicator based on moving averages
2. Have their asses consistently handed to them.

Again, not saying that Fudomyo is in either category, just wanted to have him go through his idea of the fuzzy logic.

In all seriousness, there is no perfect system, and the best tools in the hands of a moron will not create success....
i do use MA....and i admit it's a laggy indicator....lots of people dun like it...still i'm comfortable with it....i used it as my dynamic trend lines...rather than the static trendlines (never like it because market price is dynamic, so MA act as a dynamic trend lines is more appropriate to me rather than the static ones)
as in perfect system...yup could't agree more that no perfect system is out there..but still with a proper handling of your own system..by reducing risk (using SL and etc) would do even better...
but once again...it is all up to the trader...just IMHO....
  • #264,420
  • Nov 15, 2010 10:40pm Nov 15, 2010 10:40pm
Quoting Tyfinity
critical point, who's gonna win?
i dunno....

my eyes are on EJ for today....looks more convincing rather than GU....
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