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Cable Update (GBPUSD)

  • #451,261
  • Mar 24, 2017 8:10am Mar 24, 2017 8:10am
Quoting dean1star
{quote} 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..
Good to see you back man ,I have never messed with those but I know a few traders that swear by them ,,,,, so a good tool to have
  • #451,262
  • Mar 24, 2017 8:14am Mar 24, 2017 8:14am
Quoting digger1
{quote} Good to see you back man ,I have never messed with those but I know a few traders that swear by them ,,,,, so a good tool to have
Thanks for that Hombre aimed to take a year off but lasted 3 months lol - i got a boat now just your average gig which i seem to just look at these days, boatings fun but tradings wheres its at for sure but hey if i can will put up a scalping template during next month for any scalpers interested.
  • #451,263
  • Mar 24, 2017 8:15am Mar 24, 2017 8:15am
Quoting dean1star
{quote} YOu know Digger its interesting you say that looking a pip ranges these days esp over night from the UK (GMT time broker) 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 catching sardines.
I sure thats what it is ,,, I mean really when the big shot bankers where working hand in hand with the so called regulaters to write the bill do ya really think the banks where gonna be regulated in a way it was gonna hurt them ,,,,,,,,, nope just makes it harder for the little guy and the ones that actually need loans ,,,,,,,,,,,,,,,,,as far as the leverage ,,, hey sorry for the ones that lose ,,,,, but they all signed a disclosure form when they opened and acct ,,,,,,,,,,,,,, now it just takes piss poor traders longer to lose their money and they should still blame themselves ,,,, but they wont ,,,,,, and handicaps the ones that are successful
  • #451,264
  • Mar 24, 2017 8:25am Mar 24, 2017 8:25am
Quoting digger1
{quote} I sure thats what it is ,,, I mean really when the big shot bankers where working hand in hand with the so called regulaters to write the bill do ya really think the banks where gonna be regulated in a way it was gonna hurt them ,,,,,,,,, nope just makes it harder for the little guy and the ones that actually need loans ,,,,,,,,,,,,,,,,,as far as the leverage ,,, hey sorry for the ones that lose ,,,,, but they all signed a disclosure form when they opened and acct ,,,,,,,,,,,,,, now it just takes piss poor traders longer to lose their money...
Exactly Digger these scalping trades i am on about work but you gotta choose that moment which is pretty much during a 24 hour range but hey great too see your still posting and i guess trading longer on the trend i guess .. laters time to do some research.
  • #451,265
  • Mar 24, 2017 8:27am Mar 24, 2017 8:27am
later man,,,,, got to run too ,,,,,everybody have fun cheers
  • #451,266
  • Mar 24, 2017 8:46am Mar 24, 2017 8:46am
The pair bounced off from 1.2530 after forming a doji candlestick and a shooting star candlestick at that level on the four-hour time-frame, it will likely retrace back to 1.2440 - 1.2430, so I shorted earlier today.
  • #451,267
  • Mar 24, 2017 8:47am Mar 24, 2017 8:47am
GBP/USD reached a high of 1.2530 this week and then started going downhill. The pair is now 1.2484 as we approach the closing candles for the week. Trend on the short-term looks bearish with first bear target at 1.2453.
  • #451,268
  • Mar 24, 2017 8:48am Mar 24, 2017 8:48am
This pair so quiet today what happened
  • #451,269
  • Mar 24, 2017 9:07am Mar 24, 2017 9:07am
Quoting MarianneOslo
This pair so quiet today what happened
Probably trying to Test the demand below 1.2468 &1.2462 .. I don't think supply can break those lines before the pair bounces UP again ...Would rather wait to Buy the Pair , after the TEST ..
  • #451,270
  • Mar 24, 2017 9:31am Mar 24, 2017 9:31am
Price is still exactly where it was 8 hours ago.
  • #451,271
  • Mar 24, 2017 10:52am Mar 24, 2017 10:52am
That should be the bottom now 1.2466 is extremely strong and ideally shouldn't be retested until at least 1.2540. IF 1.2466 goes i will be worried (but bear not confirmed untill below 1.2435) and suspect we need 1.24 before uptrend continues but the fact they didn't even test 1.2466 means uptrend should continue to at least 1.2540ish. Just my opinion could deffo be wrong, lets see what happens.
Loser trying to become a winner!
  • #451,272
  • Mar 24, 2017 11:45am Mar 24, 2017 11:45am
Today i lose big lot lol
#Trade what you see and not what your think
  • #451,273
  • Mar 24, 2017 12:08pm Mar 24, 2017 12:08pm
Feels like a spike up could be coming , looks like trump has lost the vote. Maybe wishfull thinking from me as im very long lol.
Loser trying to become a winner!
  • #451,274
  • Mar 24, 2017 5:33pm Mar 24, 2017 5:33pm
Well the trend is still not long on the weekly monthly charts . Day chart is now looking a bit shaky 1. It might of been profit taking on Friday but some of the big spiked up and down on the 5 min chart at London open was not a good sign . Yes we had a few scalp trades from 2470 looking like the second floor . This we might ?? Might see next week . But the letter is on its way and is or could be . Fear is the key . Hence I have close and taken all trades off bar one at 2500 short . And the stop placed as market closed . Watch any cross over 10 20 ema on 1 hour . It could lead to shorting if your not sure and holding profit trades take them off and wait , or short any 1 hour cross with sl on top of the cross . Possible save would be 200 ema 1 hour and 4 hour for any bounce . Same trade then if if it happens long sl under the 200 ema . That's my plan the weekly bottom tl is in play too . Gl ..E
  • #451,275
  • Mar 24, 2017 5:53pm Mar 24, 2017 5:53pm
Quoting elbert3
Well the trend is still not long on the weekly monthly charts . Day chart is now looking a bit shaky 1. It might of been profit taking on Friday but some of the big spiked up and down on the 5 min chart at London open was not a good sign . Yes we had a few scalp trades from 2470 looking like the second floor . This we might ?? Might see next week . But the letter is on its way and is or could be . Fear is the key . Hence I have close and taken all trades off bar one at 2500 short . And the stop placed as market closed . Watch any cross over 10 20...
I hear ya , need more data lol,,,,,,,, did hold a sht also looking for 2420 anyway ,,, will see what happens ,, have a great weekend my friend
  • #451,276
  • Mar 24, 2017 6:05pm Mar 24, 2017 6:05pm
Quoting digger1
{quote} I hear ya , need more data lol,,,,,,,, did hold a sht also ,,, will see what happens ,, have a great weekend my friend
Hi Dig been reading but not posting and trades where slim as not sure ?? Took It to our 2525 area on a few scalp trades but tp on 2510 and played it short . And looking at today's trades there was some scalp trades but never played any out as tpooooooooooo busy . Just on the vino calypso lol . And going into a whisky night cap . It's been one of them weeks . I was making coffee this morning and I am sure my mum said its going down ??? Strange thing is she had been dead for 9 years now xxxxxx but she still is a policeman . You can call me strange but please don't call me too early as I might have a hangover . Just watching Red Nose Day . I have donated so please all you traders do the same . We live in a privalaged world . Some have it good and some have it bad . We can share the good to take care of the bad . Regards all Billy
  • #451,277
  • Mar 24, 2017 9:13pm Mar 24, 2017 9:13pm
Quoting elbert3
{quote} Hi Dig been reading but not posting and trades where slim as not sure ?? Took It to our 2525 area on a few scalp trades but tp on 2510 and played it short . And looking at today's trades there was some scalp trades but never played any out as tpooooooooooo busy . Just on the vino calypso lol . And going into a whisky night cap . It's been one of them weeks . I was making coffee this morning and I am sure my mum said its going down ??? Strange thing is she had been dead for 9 years now xxxxxx but she still is a policeman . You can call me...
Sorry E , had to step out wasent ignoring you bud , good advice
  • #451,278
  • Mar 24, 2017 10:48pm Mar 24, 2017 10:48pm
Quoting yongsien
{quote} I agree with you Mr Breakout, it is H&S pattern that show in daily chart and we are at the right shoulder (lower than Head), so we will go down from today and break the neck next week.
Thanks for your comments, Yongsien.

However, keep in mind that the expected breakout to the downside already took place and target has been reached, on the 4h and the daily time frame (see my previous charts).
  • #451,279
  • Mar 25, 2017 3:28am Mar 25, 2017 3:28am
Quoting digger1
{quote} Sorry E , had to step out wasent ignoring you bud , good advice
No problem Dig have a good weekend
  • #451,280
  • Mar 25, 2017 7:43am Mar 25, 2017 7:43am
Hey guys, wondering please if anyone could help shed some light on where I may be able to find the historical data for GBPUSD on the 7th December 2011 please if anyone knows how to get this data I would like to also see the volume/tick volume data for that time range also?

GBPUSD 5m/1m Historical Chart for 7th - 8th December 2011

I had a look but my brokers data only goes back around a year or so. Could I get this data via mt4 does anyone know? Thanks in advance for any pointers in the right direction!
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