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- GodfreyH replied Mar 8, 2010
Thanks for the tip.... I don't know what my good friend Malcolm based his trades on, and I am not currently in a trade and we have certainly been losing momentum, but we are still above the pivot and price is still above the hour signal line. So I'm ...
- GodfreyH replied Nov 16, 2009
LOL...what's that "home and garden" thingy... I thought you meant this...
- GodfreyH replied Nov 10, 2009
The market profile indicator generally does a good job of finding targets / contract volume points of control. However I've found that price being above the previous day's point of control is not a very reliable indicator that price will rise the ...
- GodfreyH replied Nov 9, 2009
Don't know if you're serious, but this gbpusd weekly chart suggests a lot of up in store for cable, possible targets highlighted.
- GodfreyH replied Nov 2, 2009
Interesting... I really admire how you and GlobalMacro, call long term trades, I'm just a humble intraday trader. As it is, Price may test the green trendline or the blue horizontal line at 1.6465. So I'll join you when we break out of the yellow ...
- GodfreyH replied Oct 28, 2009
Try this. This different colors represent the three main sessions. Tokyo, London, NewYork. I have modified this indicator to draw a line at the point of control, for easier reference. Note, this marketprofile indicator uses time as a proxy for ...
- GodfreyH replied Oct 18, 2009
I don't see anything wrong with your system "per se", however you cannot use what you consider a superior system to browbeat others into agreement. I learned a long time ago that, " a man convinced against his will is still of the same opinion". I ...
- GodfreyH replied Oct 11, 2009
I am inclined to agree with that direction. The weekly chart has closed underneath the gann (dotted magenta line) , broken through the weekly 50 ema and also price failed to close above the 50 fib. On the fortnightly (2 weeks) chart, the candlestick ...
- GodfreyH replied Oct 5, 2009
Disclaimer: I am an intraday trader not a long term trader, but that scenario would be interesting to see play out. If you look at the 4hr chart, there's a lot of wood to chop , then looking at the fortnightly chart below the candlestick pattern ...
- GodfreyH replied Sep 30, 2009
I posted the following on gbpjpy thread, but I am repeating it here as well... I recently created an alert which those that use moving averages may find useful when you're tired and need to get some shut eye. I'm not sure if there is another ...
- GodfreyH replied Sep 30, 2009
Howdy folks, just dropping by... I recently created an alert which those that use moving averages may find useful when you're tired and need to get some shut eye. I'm not sure if there is another indicator like this already, but basically it will ...
- GodfreyH replied Sep 30, 2009
Possible bounce at 4hr 50 ema.
- GodfreyH replied Aug 28, 2009
, I haven't received a single feedback from the 35/ 50 MA EA... Anywho, for those trading that strategy, I have had to extend the logic of the initial program to account for those situations in which the previous bar may have closed ...
- GodfreyH replied Aug 19, 2009
Hello EO, Ok, I have completed version 1 of the 35/50 ma cross ea. The basic strategy as outlined in EO's PDF is as follows: 15m 35-50ma cross and reverse: When you see a close of 15m candle through the 35 and 50 with a short wick, trade a reversal ...
- GodfreyH replied Aug 12, 2009
I went long at the trendline as I figured it would bounce. ...but, what is the usual target for the 35 / 50 cross and reverse?
- GodfreyH replied Aug 12, 2009
I'm on the short train, however I'm aware of the trendline below, will it break? Time will tell. My first tp is 1.6350 , let's see how it plays out.
- GodfreyH replied Aug 10, 2009
I'm expecting price to ultimately test the previous horizontal resistance, now turned support (black dotted line) or the red trend line. Let's see how it plays.
- GodfreyH replied Aug 7, 2009
If 1.6750 is broken,which does seems likely, next possible major support, using an 8hr chart seems to be 1.6595.
- GodfreyH replied Aug 5, 2009
Chris, If you use the following settings in [TOOLS] -[OPTIONS], you should have continuously automatic updates like mine.
- GodfreyH replied Aug 4, 2009
Chris, if you're still around. Here's an 8hr chart. The indicator below will convert chart timeframes. Put the indicator below on a 4hr chart. Use period multiplier 2. (4hr x 2 =8HR CHART). Then go, file, open offline, look for GBPUSD H8. Click ...