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Cable Update (GBPUSD)

  • #451,241
  • Mar 24, 2017 4:58am Mar 24, 2017 4:58am
17/03/24 FRIDAY 10:51+1GMT
MORNING REPORT
Ubi maior minor cessat
  • #451,242
  • Mar 24, 2017 5:01am Mar 24, 2017 5:01am
Quoting dean1star
Scalped that up for 20 pips. Added some Crumpets afterwards. Greatest combo ever known to man.. Scalping and Crumpets. Shorting later on for this pair. As for crumptets .. na ur right they aint that good ;-) WINK WINK
can you send your indicator please

thanks in advance
  • #451,243
  • Mar 24, 2017 5:27am Mar 24, 2017 5:27am
Quoting dean1star
Scalped that up for 20 pips. Added some Crumpets afterwards. Greatest combo ever known to man.. Scalping and Crumpets. Shorting later on for this pair. As for crumptets .. na ur right they aint that good ;-) WINK WINK
One would think that on the surface for sure ,,,, gbp is facing some head winds no doubt ,,,, coming up on the last of a month and the last of a quarter tho ,,,, will be a good move ,,,,,,,,buuut , the dollar index is looking quite pathetic just saying ,,,,,careful
  • #451,244
  • Mar 24, 2017 6:48am Mar 24, 2017 6:48am
I Haven't traded in a while but started again in January of this year. I clearly remember the markets being more volatile with many more moves than what I have seen this year. What Is the reason for this?
Keep It Simple Stupid
  • #451,245
  • Mar 24, 2017 6:53am Mar 24, 2017 6:53am
Quoting Alastair
I Haven't traded in a while but started again in January of this year. I clearly remember the markets being more volatile with many more moves than what I have seen this year. What Is the reason for this?
Over all , fx volumes down,,,,,, a lot to do with the regulations enacted after the 2008 meltdown ,,,,, basically handcuffing the retail traders ,,,,,,,,, frank dodd lowering the leverage etc etc ,,,,,,,, dont think the ole boys club liked the little guy haveing to big of chance to get ahead in a nutshell I reckon
  • #451,246
  • Mar 24, 2017 6:54am Mar 24, 2017 6:54am
Quoting digger1
{quote} Over all , fx volumes down,,,,,, a lot to do with the regulations enacted after the 2008 meltdown ,,,,, basically handcuffing the retail traders ,,,,,,,,, frank dodd lowering the leverage etc etc ,,,,,,,,
Do you reckon it would ever improve?
Keep It Simple Stupid
  • #451,247
  • Mar 24, 2017 6:57am Mar 24, 2017 6:57am
Now the price is testing the support line and if the price is strong enough, then it can break it and go to the point of 1.24452. If the price is not strong enough, it will move up to the point of 1.25498.
Attached Image (click to enlarge)
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  • #451,248
  • Mar 24, 2017 6:57am Mar 24, 2017 6:57am
Course there was a lot of people that couldnt trade worth a damn and lost all their money and somebody besides themselves had to be blamed lol,so lets handcuff everybody except the big boys they have their loop holes around it
  • #451,249
  • Mar 24, 2017 7:02am Mar 24, 2017 7:02am
Quoting Alastair
{quote} Do you reckon it would ever improve?
One can hope but wouldnt bet on it
  • #451,250
  • Mar 24, 2017 7:02am Mar 24, 2017 7:02am
hi digger how did you do yesterday?
  • #451,251
  • Mar 24, 2017 7:08am Mar 24, 2017 7:08am
Quoting behram
hi digger how did you do yesterday?
Decent day, wasent huge but it was profitable,,,,hope yours was good
  • #451,252
  • Mar 24, 2017 7:12am Mar 24, 2017 7:12am
i chickened out of my trade and pulled a loss of 13 points. this was at news time. annoyingly if i had held my nerve i would have been right about an hour later.
  • #451,253
  • Mar 24, 2017 7:16am Mar 24, 2017 7:16am
Quoting behram
i chickened out of my trade and pulled a loss of 13 points. this was at news time. annoyingly if i had held my nerve i would have been right about an hour later.
Keep your dukes up man ,,,,,it happens
  • #451,254
  • Mar 24, 2017 7:19am Mar 24, 2017 7:19am
Absolutely. I don't take it badly. Every day is another trading opportunity. I believe in my system.
  • #451,255
  • Mar 24, 2017 7:28am Mar 24, 2017 7:28am
Quoting behram
Absolutely. I don't take it badly. Every day is another trading opportunity. I believe in my system.
I hear you ,,, trading is one of those things ,,,,, you can be right and lose your kiester lol, like real estate is location , location , location ,,,, trading is level , level , level but also working the right way
  • #451,256
  • Mar 24, 2017 7:39am Mar 24, 2017 7:39am
I would like to see it break 1.2465 to net me 20 pips
  • #451,257
  • Mar 24, 2017 8:04am Mar 24, 2017 8:04am
Quoting behram
I would like to see it break 1.2465 to net me 20 pips
Still got a few of my news spike shts from yesterday plus a boat load from todays pivot and the other circle ,,,,,, no new low here shortly I will be out and call it a week probably ,,, watch the level in yellow circle , if that dont break may be time to quit shorting at least for the week.
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  • #451,258
  • Mar 24, 2017 8:04am Mar 24, 2017 8:04am
Quoting digger1
{quote} One would think that on the surface for sure ,,,, gbp is facing some head winds no doubt ,,,, coming up on the last of a month and the last of a quarter tho ,,,, will be a good move ,,,,,,,,buuut , the dollar index is looking quite pathetic just saying ,,,,,careful
Kinda realised something whilst away on travels (work most of it) the Bollinger band when you understand to scalp is such a pretty good tool to have in the ammo box but hey Well thought out there Digger as per usual..
  • #451,259
  • Mar 24, 2017 8:07am Mar 24, 2017 8:07am
Quoting anderw3541
{quote} can you send your indicator please thanks in advance
Bollinger band on the standard twenty thats it - getting quick 10 pip trades.
I counted last month almost 20 trades x 3 major pairs - 60 scalps plus using the bolinger band, downside is screen time
long hours but thats just the way it is..
  • #451,260
  • Mar 24, 2017 8:10am Mar 24, 2017 8:10am
Quoting digger1
{quote} Over all , fx volumes down,,,,,, a lot to do with the regulations enacted after the 2008 meltdown ,,,,, basically handcuffing the retail traders ,,,,,,,,, frank dodd lowering the leverage etc etc ,,,,,,,, dont think the ole boys club liked the little guy haveing to big of chance to get ahead in a nutshell I reckon
YOu know Digger its interesting you say that looking a pip ranges these days esp over night from the UK seem pretty low (yen aside) - 2008 regulations seems to be the answer i was looking for thanks gonna do some research on it, but i will say these pip candle sizes are like fishing for tuna and catch herrings ..
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