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USD-Bear replied Jul 16, 2010No told you I missed the daily break-out so your assumption is not correct. Piercing I see often in the heat of the move appears often all M5 bars there after where respected. But current PA doesn't look good for me, SL almost reached, lets see.... ...
Cable Update (GBPUSD)
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USD-Bear replied Jul 16, 2010Don't think that's a valid H&S, I think in forex very few are.....
Cable Update (GBPUSD)
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USD-Bear replied Jul 16, 2010I draw whatever I think relevant. LTL was respected 5 time on M5 so indicating its relevance. Missed the break out on daily and this is first time I feel ok joining the trend. Something wrong with that?
Cable Update (GBPUSD)
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USD-Bear replied Jul 16, 2010I'm long at 1.5330 with tight stop Next hourly should stay above 1.5330 H1: image
Cable Update (GBPUSD)
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USD-Bear replied Jul 16, 2010Problem with GJ as I stated few times earlier is: UJ trend down GU trend up leaving GJ in a very difficult position. As I see no end for the 2 mentioned trends in a short time GJ is not the currency pair to trade imho.....
Auslanco - GBP/JPY and GBP/USD (newstrade)
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USD-Bear replied Jul 15, 2010Bearish divergence on RVI(14) Expecting scalp movement (no big things) towards 1.5190-1.5200 H1: image
Cable Update (GBPUSD)
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USD-Bear replied Jul 14, 2010It looks tempting isn't it
Somehow I think he will not.....Cable Update (GBPUSD)
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USD-Bear replied Jul 13, 2010Ah, right all clear, will investigate, again thanks!
Cable Update (GBPUSD)
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USD-Bear replied Jul 13, 2010I'm not free to distribute but make a request with: Robert Winters [[email protected]]
Cable Update (GBPUSD)
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USD-Bear replied Jul 13, 2010Thanks a lot Magix, sorry, I'm a simple minded trader, does this mean that on the M15 chart 2 Hulls are charted with periods 16 and 20?
Cable Update (GBPUSD)
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USD-Bear replied Jul 13, 2010Got it custom-build (fxcm's Marketscope). Mine doesn't change colors, do you happen to know on what criterea (I presume within MT4) it changes color?
Cable Update (GBPUSD)
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USD-Bear replied Jul 13, 2010I see possible support for EUR/USD @ 1.2485 That's the level I may enter a long in GU PS, wouldn't it be beautifull if that level coinsides 1.495 in GU?
Cable Update (GBPUSD)
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USD-Bear replied Jul 13, 2010trying to detect relationships. Bull/Bear fighting atm. What I see is that moves down in GU are related with down moves in EUR/USD. So that's strength in USD. When moves in EUR/USD stop GU is recovering fast. So that's strength in GBP. So what does ...
Cable Update (GBPUSD)
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USD-Bear replied Jul 12, 2010Short stopped @ 1.5080 Left me 10 pips profit from what were 140
First time I was urged to keep my short thinking 140 pips for trail should be sufficiant, one illusion less, I still can't believe it......Cable Update (GBPUSD)
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USD-Bear replied Jul 12, 201060-pips of profit disappeared in thin air. Holding my short though..... M15: image
Cable Update (GBPUSD)
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USD-Bear replied Jul 12, 2010Can you explain why it has to do that before you turn bearish? I'm not a scalper but even for me waiting for a movement of more then 500 pips is a lot to become bearish....
Cable Update (GBPUSD)