Spread is an indicator and goes into the indicator folder.

Murrey Math and Quantum Method

Got some action on GBPAUD, could be an interesting trade.

Divergence Pip Range Trading

Thanks, but what is P? What is it representing?

Murrey Math and Quantum Method

Last day of the week, let's see what it has to offer. Fingers crossed for a good night.

Divergence Pip Range Trading

Hi all, Apologies if this has been covered before, but was does P relate to in the MM indicator? I gather MMperiod is the timeframe but unsure of P? I don't like using/looking at an indicator when I don't know how it's derived. Secondly, most people ...

Murrey Math and Quantum Method

Perhaps a slightly fortuitous trade here but I knew I wanted to be out pre BOE announcement. After exiting my first GBPAUD trade for +3, I waited for a new setup. GBPAUD rallied higher but again looked like faltering with some bearish PA. Exited for ...

Divergence Pip Range Trading

A frustrating trade on GBPAUD. I saw the bounce from daily lows and felt price had reached a level where it had a chance of going lower again. Price made a series of bearish pinbars and the AO made a nice setup. Perhaps targeted a bit too much at ...

Divergence Pip Range Trading

Hi one and all, (I'm confident it is just one reader, haha) It's very rare I trade before the European open but I was watching the Aussie data release at 10.30 local time and I saw a nice setup and thought it was a good opportunity. Here's the 15 ...

Divergence Pip Range Trading

Final trade of the night on GBPUSD. Post UK employment figures, GBPUSD took a real dive on not that bad data. Price reached a nice area of support and with the nice pinbar I took my entry. I was aiming for the BRN of 1.2200 and was pleased with +14 ...

Divergence Pip Range Trading

It's been a while since I've had a trade on EURAUD. A 4 hour trade and it certainly took its time to develop. The majority of price action favours the downside and spotted a reasonable setup on the turn of the European open. Price was making lower ...

Divergence Pip Range Trading

Hump day is here. For the last 2 days in a row, the Pound has experienced a swift move right on 6AM UK time. I'm not seeing any news behind the move but seems awfully coincidental the big move has happened at the same time the last two days. Either ...

Divergence Pip Range Trading

Final trade of the evening on GBPAUD. Price punched lower past its daily average range which is currently sitting around 112 pips for the last week. Price made lower lows whilst the AO (Awesome Oscillator) made higher lows to complete divergence. ...

Divergence Pip Range Trading

Euro crosses a very different picture to GBP with relatively low volatility. EURAUD popped to near session highs and created a nice setup. I was holding for 1.4085 but chickened out and exited at 1.4087 and sure enough, 1.4085 was hit seconds later ...

Divergence Pip Range Trading

Plenty of movement already in GBPUSD and the potential for a lot more. It seems PM May won't invoke article 50 this week but I wouldn't be surprised to see a surprise announcement (see what I did there?). GBPUSD dropped to a major low as highlighted ...

Divergence Pip Range Trading

Hello one and all, Just back from watching Logan. Very full on but a good movie. 8/10. Had a trade running from just before London open on GBPUSD where it popped considerably higher against a weak dollar. Had a good exit for +28. image

Divergence Pip Range Trading

Hello one and all, Back from a very enjoyable 7 night cruise around the Pacific islands and ready to tackle March. A trade a took pre NFP that took a very long time to play out on EURUSD. Seems Draghi's comments bolstered the Euro yesterday but it ...

Divergence Pip Range Trading

As important as a winning trade is understanding when to avoid a trade. GBPUSD a case in point. Post UK news, it fell very flat and formed a range between 1.2365 and 1.2380. During this time the AO wasn't producing a very big histogram which can be ...

Divergence Pip Range Trading

It's all gone very quiet again, very similar to last night.

Divergence Pip Range Trading

Morning one and all, mid week again. Some good movement during the Asian session on the back of positive AUS GDP and then Mr. Trump making his speech. This trade stung! Missed the TP by 0.1 of a pip, always cuts the deepest, haha. I moved the stop ...

Divergence Pip Range Trading

A quick trade here right before US data with GBPAUD. Both GBPAUD and GBPUSD were lining up on support and post exiting the above trade, GBPAUD seemed good for a bounce pre news. Only 15 pips but a satisfactory trade for a reasonable night in the ...

Divergence Pip Range Trading