Wager on GBPUSD

Discussion in 'Forex' started by romik, Apr 14, 2015.

  1. loyek590

    loyek590

    what ta enthusiasts need are charts edited and filtered for known announcements
    let's just say 12 hours before and after
    yes, there would be some gaps, but the followers of an indicator would be presumed flat for a 24 hour period
    The funny thing is, eventually the charts would start showing liquidation before and getting back in after.

    I don't think most TA users are looking for an indicator that tells them how to correctly trade a rate hike, they are looking for one that helps them in the daily grind
     
    #51     May 9, 2015
  2. romik

    romik

    It's a personal thing :)
     
    #52     May 9, 2015
  3. loyek590

    loyek590

    no doubt about it, at least for me. I hear some guys talk about their methods and think, "I would rather be working in the Pentagon accounting department than try to trade that all day."
     
    #53     May 9, 2015
  4. Buy1Sell2

    Buy1Sell2

    Love the weekly bar on Cable, coupled with the MACD---staying long
     
    #54     May 11, 2015
    romik likes this.
  5. loyek590

    loyek590

    I think I may have discovered a secret for creating eternal wealth
    just buy GBP.USD
    all it ever does is go up
    and if it doesn't go up, just buy some more
     
    #55     May 11, 2015
  6. romik

    romik

    Same today, that histogram is so tight and rising prior to the move (30m chart).

    Screenshot_2015-05-11-18-31-46.png
     
    #56     May 11, 2015
  7. Buy1Sell2

    Buy1Sell2

    MACD in the hands of a professional does it again. We are getting into Overbought territory on daily. Any concerns here?
     
    #57     May 11, 2015
  8. romik

    romik

    I would like to see if we test 1.58, if it starts rejecting there I will close and get in again of daily chart's signal whenever that comes about.
     
    #58     May 11, 2015
    Buy1Sell2 likes this.
  9. Buy1Sell2

    Buy1Sell2

    I don't see exactly what I want to see on the Yen Monthly right now to get in long term.
     
    #59     May 11, 2015
  10. romik

    romik

    I am Short Ninja. I understand what you are saying as price hasn't started doing anything positive yet on the Monthly, but RSI is extremely oversold. Grails on the weekly. Near historic support. Maybe dead cat bounce, maybe breakdown.
     
    #60     May 11, 2015