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- jezzode replied Oct 19, 2012
Divergence alone on the oscillators is complete rubbish for trade entry levels. It's alright as a conformation tool, but it's rate of actually profitable trades far underweight the number of fake signals. You would be better of just working on Price ...
Cable Update (GBPUSD)
- jezzode replied Oct 19, 2012
Interesting....(as he smashes PC monitor and ties power cable round own neck before throwing the base unit out of top house window)
Cable Update (GBPUSD)
- jezzode replied Oct 19, 2012
I'm on baby-pips too, a good source of learning material. Same user name.
Cable Update (GBPUSD)
- jezzode replied Oct 19, 2012
I agree, currency correlation is not exactly proving useful at the moment, (apart from EU and UC) although that example was to illustrate how S turning to R doesn't always work, no matter how clean the set-up may be!
Cable Update (GBPUSD)
- jezzode replied Oct 19, 2012
True, but look what happened yesterday in EU. Again, Resistance turning to support, did it hold...not as much as we were hoping. Was it clean simple and deadly, well I'd say the first two for sure
Cable Update (GBPUSD)image
- jezzode replied Oct 19, 2012
I'm sorry, but am I getting the wrong Idea of this thread. Trading is not about listening to other people, if you want to listen to other peoples advice then get a financial adviser, they are usually very good at losing your money. Trading is about ...
Cable Update (GBPUSD)
- jezzode replied Oct 19, 2012
image What spike, GU is well within its range for the day... Image is 1H TF in GU....
Cable Update (GBPUSD)
- jezzode replied Oct 19, 2012
Are you guys just playing around with ideas, or do you have a fundamental or technical reason behind such a comment. I for one don't see such a strong move occurring as per yesterdays PA.
Cable Update (GBPUSD)
- jezzode replied Oct 19, 2012
Been a slow week on Cable for myself, with most of the moves happening at the back end of the New York Session. Hoping to see some progress for the final two weeks of this month. Current GU trading system is sat at a moderate +12.63% for the month ...
Cable Update (GBPUSD)