Down you say If thats the case the high of the day has .9738 its average day range is 134 pips from the high of the day and low. With that being said we are looking at .9604. Its at .9711 so the pound should according to the statistical average move ...

Cable Update (GBPUSD)

Another thing I am looking at is a daily trend developing from .9717 which is where it opened the European session at.

Cable Update (GBPUSD)

With my calculations S1 is .9666 and MS2(midway between S1 & S2) is .9635. Points close to what you are saying so what significants are you putting on them

Cable Update (GBPUSD)

Right now I am waiting until around 3am 3:15 am for a break out

Cable Update (GBPUSD)

I have closed out of all my positions with the exception I am still long on the gbp/chf. Anybody have any entry strategies for the pound dollar?

Cable Update (GBPUSD)

The pound dollar is around 20 pips below the daily pivot point and 10 to 11 pips below its opening price and the 38.2 daily fib

Cable Update (GBPUSD)

What program do you open it up with

Calculating Average daily range

It actually did hit the low of 1.9679 and one pip beyond to 1.9678. I wish I was leaning to the short side of the trade yesterday. Oh well get em today.

Cable Update (GBPUSD)

The pound is currently hoovering around the daily pivot of 1.9739 and the 38.2 fib level of 1.9730 from the previous days high and low. It looks like a good place for a break out in the next few hours.

Cable Update (GBPUSD)

Cable is currently at the daily pivot <TABLE style="WIDTH: 244pt; BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width=325 border=0 x:str><COLGROUP><COL style="WIDTH: 50pt; mso-width-source: userset; mso-width-alt: 2413" width=66><COL ...

Cable Update (GBPUSD)

On the average the distance between the high and low of the day for the pound is 134 pips. So currently the high for this day is 1.9813 if that stays that way you could short the pound dolll target of 1.9679. The current low for the days is 1.9760 ...

Cable Update (GBPUSD)

I believe that would be true with the PMI report. With the us news it would be a long.

Cable Update (GBPUSD)

The average daily range meaning difference between the end of the days hi and low for the Gbp/Usd this year is 134 pips. The Eur/Usd is 90 pips . So say the low for the Gbp is 1.9760 if it were to move on an average you could set a target of 1.9894 ...

Calculating Average daily range

Fixme when you say this would be true are you saying the rebound or the drop?

Cable Update (GBPUSD)

The US report would be long gpb/usd if it comes out like the FF's calendar says?

Cable Update (GBPUSD)

Where did you find that at [UOTE=In2Blues]Thanks, I do appreciate your help. I actually found what I was looking for, something that would display on my chart the Average Daily Range (pip movement) for the periods in question.[/QUOTE]

Calculating Average daily range

My thought is gbp does because average pip movement for the pound is 130 pips compared to the Euro's 90. The Euro's market opens an hour before the the pound's but it still seems the pound leads the way

Cable Update (GBPUSD)

Todays Pivot Points Resistence and Supports <TABLE style="WIDTH: 642pt; BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width=856 border=0 x:str><COLGROUP><COL style="WIDTH: 48pt" span=2 width=64><COL style="WIDTH: 47pt; mso-width-source: ...

Cable Update (GBPUSD)

This came from Kathy Lien of Fxcm <TABLE cellSpacing=8 cellPadding=0 width="100%" align=center border=0 nowrap><TBODY><TR><TD>http://rs6.net/on.jsp?t=1101475034295.0.1101388623287.1259&ts=S0216&o=http://ui.constantcontact.com/images/p1x1.gif <TABLE ...

Cable Update (GBPUSD)

Just curious whats your plan now are going to go long again. I hate to see anybody get stopped out unless they have some profits.

Cable Update (GBPUSD)