Cable Update (GBPUSD)
Im new on this board and would like to say hello to all first.
I usually frequent EUR board but this insight applys here too so I wanted to share.
The combined Daily Extreme High/Lows for GBP and EUR are listed below for the last several days
.As of this candle, it is 1.57660 but that can change slightly from 1 H candle to the next
@ Faller, that is an Indicator of Moving Averages 20, 50, 100, 200 over 5 time frames, pretty isn't it?
An interesting way of looking at the pair, which I have not come across before. However, be warned that most people in UK do not like to be part of Euro so you combining both GBP and EUR may not like it
You have only listed the recent data but how far back did you go back and test this method? Thank you.
hello,
dont trade until next week!!
let market setup and show next direction!!
about gu we are in supply area, but not yet reversing down.
but also not going up!
be patient and trade clear things!
not because you are new! im trading since 3yrs (newbie also me...) and sincerely today i see no reasons to pick a trade. scalping always excluded
imo, today trade with a demo account
wha is a doji?
sorry but i dont agree at this!
it is not the roulette where if red comes out 10 times you put money on green.
price can go down or up 200 pips x day for 20 years. and so every day you loose 50pips x day x 20 years.
if someone wants to start trade must learn what means trading a financial market. which involves to learn a lot of things, so before using money one must use a demo account and understand how fast you can burn money and how fast you can profits. the thing that divides trading from gambling is that in trading there is a reason of your...
Trade what you see.....not what you think.
If it breaks 1.58 here.....we go down for a while.
