Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#429,641
Apr 26, 2016 11:19pm Apr 26, 2016 11:19pm

Magix
Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts

Quoting PatienceFx

Disliked

{quote} Day Open Price ; print it , it will show a magic on your chart select any date any week just draw day open price line for that date and you will see magix

Ignored

Hours, Days, Weeks and Months...

Just printed.

Now...Whoooooooooooooo Are Youuuuuuuuuuuuuuuuuuu?

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!

#429,642
Apr 26, 2016 11:48pm Apr 26, 2016 11:48pm

Magix
Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts

One last thought on an un-related EJ chart.

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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!

#429,643
Apr 27, 2016 12:17am Apr 27, 2016 12:17am

PatienceFx
Joined Jun 2013 | Status: enjoying life | 23,846 Posts | Online Now

if i forget everything else and just use a simple rsi divergence

then it shows we need to correct a bit to gather steam to move further north

with weekly bollinger broken, this move north should continue for some time

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Quoting PatienceFx

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if i forget everything else and just use a simple rsi divergence then it shows we need to correct a bit to gather steam to move further north with weekly bollinger broken, this move north should continue for some time {image}

Ignored

adding here, the april month range is already achieved

so i may not look for much upside this month, but we still got room to make some good 150 or so pips more this week

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#429,644
Apr 27, 2016 1:03am Apr 27, 2016 1:03am

asgcorp
Joined Feb 2014 | Status: trading bank levels | 8,143 Posts

decision 4550 then 4500 buying dips only

#429,645
Apr 27, 2016 1:08am Apr 27, 2016 1:08am

arasheed
| Joined Oct 2010 | Status: Trader | 678 Posts

Quoting dean1star

Disliked

{quote} well good luck to you .. not that it matters if i am right or wrong about this - however i am not convinced. It just sounds too easy which raises my suspicions and the question being what guides you to removing the opposite trade - if its any of the indicators on your chart then thats a complete no no in my simple opinion but again around here opinions are like noses - everyone has one ..

Ignored

I could not explain about taking positions contrary to trend, actually for safeguard we take some positions on both sides.When the market moves up the Buy positions are taken and behind it leaves blank space, in that situation the Sell Orders are Dragged up beneath market price level in case some Retracement occurs then we can benefit from these entries as well.This condition applies viceversa.

#429,646
Apr 27, 2016 1:13am Apr 27, 2016 1:13am

asgcorp
Joined Feb 2014 | Status: trading bank levels | 8,143 Posts

no buying interest fade out until 4500 dollar also got some traction but will stall soon.

#429,647
Apr 27, 2016 1:27am Apr 27, 2016 1:27am

dean1star
Joined Apr 2011 | Status: Trader | 2,421 Posts

Quoting Magix

Disliked

Honestly... There has to be some of the most sensitive bitches in this house that I've seen in a long time. You all hang out here because you ain't got the brass to take on the EURUSD thread? What I find most intriguing is that you all so passionately defend somebody who has spent 5 years here and still can't figure out direction, but have no interest in asking how I pinpointed the EXACT fucking turning point on cable. Do you think that was an accident? Maybe pure Luck? Why don't you have a look through my historical charts and see how often this...

Ignored

Euro USD thread did he say ? ..

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#429,648
Apr 27, 2016 2:14am Apr 27, 2016 2:14am

HaLBot
Joined Jan 2016 | Status: Trader | 5,200 Posts

who said it was gonna be a quiet session before FOMC LOL

Don't Leave Money on the Table

#429,649
Edited 2:28am Apr 27, 2016 2:16am | Edited 2:28am

HaLBot
Joined Jan 2016 | Status: Trader | 5,200 Posts

Inserted Video

this was for gordon gecko but he's left the thread
Point is gentleman pips are good, pips are right, pips work.....

Don't Leave Money on the Table

#429,650
Apr 27, 2016 2:25am Apr 27, 2016 2:25am

HaLBot
Joined Jan 2016 | Status: Trader | 5,200 Posts

Quoting arasheed

Disliked

{quote} Ok HalBot, I am trying my Straddle strategy and see how does it work

Ignored

good luck with that, I'm trying to keep it simple, especially after long day at work over here in the land of OZ

Don't Leave Money on the Table

#429,651
Apr 27, 2016 2:28am Apr 27, 2016 2:28am

arasheed
| Joined Oct 2010 | Status: Trader | 678 Posts

Quoting HaLBot

Disliked

{quote} good luck with that, I'm trying to keep it simple, especially after long day at work over here in the land of OZ

Ignored

Please view this

#429,652
Apr 27, 2016 2:30am Apr 27, 2016 2:30am

arasheed
| Joined Oct 2010 | Status: Trader | 678 Posts

Quoting arasheed

Disliked

{quote} I could not explain about taking positions contrary to trend, actually for safeguard we take some positions on both sides.When the market moves up the Buy positions are taken and behind it leaves blank space, in that situation the Sell Orders are Dragged up beneath market price level in case some Retracement occurs then we can benefit from these entries as well.This condition applies viceversa.

Ignored

Please view this

#429,653
Apr 27, 2016 2:36am Apr 27, 2016 2:36am

HaLBot
Joined Jan 2016 | Status: Trader | 5,200 Posts

Quoting arasheed

Disliked

{quote} Please view this

Ignored

nothings coming up arasheed, but the only system that's any good is one that's tested to destruction over and over again and works at least 80% of the time

Don't Leave Money on the Table

#429,654
Apr 27, 2016 2:48am Apr 27, 2016 2:48am

arasheed
| Joined Oct 2010 | Status: Trader | 678 Posts

Quoting HaLBot

Disliked

{quote} nothings coming up arasheed, but the only system that's any good is one that's tested to destruction over and over again and works at least 80% of the time

Ignored

It is only my effort to find a workable and profitable strategy.

#429,655
Apr 27, 2016 3:07am Apr 27, 2016 3:07am

Ill-b-back
Joined May 2011 | Status: Get to the Chopper | 17,905 Posts

Actually Ruff, yeah just got home and see 4828

Come with me if you want to live....

#429,656
Apr 27, 2016 3:16am Apr 27, 2016 3:16am

geektrader
| Commercial User | Joined Jul 2010 | 930 Posts

Quoting HaLBot

Disliked

{quote} nothings coming up arasheed, but the only system that's any good is one that's tested to destruction over and over again and works at least 80% of the time

Ignored

My systems work 40% of the time (win-rate) and I still make money because my average win is triple as big as my average loser. Win-rate alone doesnt mean the slightest thing. You can have a win-rate of 99% and win 5 pips each time and then 1% of the time lose 500 pips because of a huge SL that many systems use and youve then acutally LOST money. You always have to see win-rate and average winner / loser size in combination. Actually, and that´s just for me, 40% or even 30% win-rate is more than sufficient for me as long as as my winners are much bigger than my losers.

#429,657
Apr 27, 2016 3:20am Apr 27, 2016 3:20am

asgcorp
Joined Feb 2014 | Status: trading bank levels | 8,143 Posts

no clarity yet H1 area provided resistance into current push now it's dumping pre-GDP data.

4490-4510 reaction key now that's where selling pressure could either stall or gain momentum.

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