No, my daily chart from InterbankFX has the Friday, January 5th low of 1.9264, the next (regular) daily bar I used was Monday, January 8th's, which had a low of 1.9262- only 2 pips lower- but still technically a low-pivot bar, no? My guess is that ...

RSI Daily Pivot Point System

I'm long on the 01/08 pivot @1.9413 (price exeeded the magic number after the closing bar yesterday rather quickly and I jumped- but this is demo). RSI was above 30 and and approaching 40 at the time I entered. S/L @ 1.9313. This position was in ...

RSI Daily Pivot Point System

Hey kharvell, Thanks for sharing your system. I must have the same broker as fjfx, because I'm in on the same signal. The magic number was hit right after the close of yesterday's bar.

RSI Daily Pivot Point System

Evidently, yes. First (long) bear bar on the five minute is @ 13:25.

Daily Cable Analysis

image

Daily Cable Analysis

Technically, the president had no constitutional authority to declare war. Only Congress is authorized to declare war, raise and support armies, provide and maintain a navy, and make the rules for these armed forces. There is nothing vague or ...

Your Ethics

I don't use Oanda, but most brokers have trades disabled for the holiday. If you could place a trade, then I would do it- but I doubt Oanda is open for business. Also, my broker is InterbankFX...they're showing 1.9594, but their charts stop updating ...

Cable Update (GBPUSD)

I've been reading this thread with interest. This post is causing me to want to take a more serious look at Dion's strategy. The fundemental truths here regarding fiat currencies can't be denied. The bankers are playing it fast and loose and there ...

Dion's Pyramid

Saxobank @ .9737 as of this post (17:45 GMT). Glad I left my long open over the weekend.

Cable Update (GBPUSD)

I think the "good" dollar news of the past couple of weeks has just been smoke. The U.S. government regularly cooks the books in order to make the numbers "dollar friendly", i.e. Core CPI measures consumer prices- minus food and energy! Can this ...

Cable Update (GBPUSD)

That was a hoot. I want your routine.

what's your daily morning research routine before trading?

Agreed. Also, see this thread.

Cable Update (GBPUSD)

I lost pips (and bucks) a couple of weeks ago by doing the same thing. Common sense says that the U.S. dollar is weak- so I was determined to stay dollar-bearish. Unfortunatley...I'm learning that markets flucuate not based on common sense, but fear ...

Does 2.0000 Cloud Your Judgement

Okay, I'll bite. I'm surprised it hasn't pulled back any farther than it has up till now. My guess is that there's a pretty strong move coming. It wouldn't surprise me if London opens straight out with a push up.

Cable Update (GBPUSD)

Hey Bro... This is likely going to be a very good trade. I wouldn't be comfortable with a stop that tight, though. Price is only six pips above your stop right now. It would be a shame if you had to watch this one from the sidelines.

Cable Update (GBPUSD)

Hey, we're the same age! Lots of nostalgia in that post. I never got into pet rocks or mood rings...though I think everybody else on the planet was. Disco sucked. I wore bell-bottoms until the mid-eighties. Come to think of it...I'm having alot more ...

Cable Update (GBPUSD)

Any ideas why fxstreet is showing a price of .9629 right now?...my interbankfx chart has the price at .9545.

Cable Update (GBPUSD)

Good post. Agreed.

GBPUSD

I'd have more affection for the dollar if at least it had some intrinsic value. Backed by the full faith and integrity of the U.S. government?

Cable Update (GBPUSD)

I completely understand...as far as experience in trading I'll still say that I'm sure that I'm inferior to you. (I've never been able to grasp elliott waves). I have the utmost respect for people who know how to make money consitently from ...

Cable Update (GBPUSD)