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BenWarburton replied Jul 9, 2020Yeah I have set a close stop loss at the top of the current H1 candle. Just in case anything goes tits up
Cable Update (GBPUSD)
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BenWarburton replied Jul 9, 2020I've decided to hold shorts until EUR/USD decides to hit the 4H demand zone. We will see GU fly up at that point.
Cable Update (GBPUSD)
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BenWarburton replied Jul 9, 2020Don't you love it when a good plan comes together? image Called both these positions two days ago and it's wonderful to see patience pay off
Cable Update (GBPUSD)
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BenWarburton replied Jul 9, 2020I think even further down to 1.253 - to the next area of weak demand
Cable Update (GBPUSD)
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BenWarburton replied Jul 9, 2020Waiting for this level to be hit before any shorts will be traded. Remember we're not market makers so following the move is less risky than trying to create one
Cable Update (GBPUSD)
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BenWarburton replied Jul 8, 2020Hadn't looked at the fibbo levels but the 76.4% would definitely support the Demand levels on both our charts. Cheers for the feedback, always appreciated. Am trying to improve my analysis and it is very nice to see those with more experience help ...
Cable Update (GBPUSD)
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BenWarburton replied Jul 8, 2020Strong trend line down (the orange one) on the daily chart... looking to hit it tomorrow, if not then Monday. image Furthermore, the 4H chart illustrates an area of supply (red box) which is close to being hit. If the stars align and both are hit ...
Cable Update (GBPUSD)
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BenWarburton replied Jul 8, 2020Thinking of having a cheeky short as supply level here on the H4 chart. Previous bearish engulfing candle and plenty of volume at this level. Not selling but could possibly tp at 1.247, breaking that to 1.236.
Cable Update (GBPUSD)
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BenWarburton replied Jun 9, 2020I have also made an EA for this (to backtest) and it's very effective. The trouble is making it so it recognises a good setup, as you've mentioned. On the GBP/USD daily chart there is a 300% gain in 2 years 6 months - which is very impressive. I ...
Magic 100
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BenWarburton replied Jun 8, 2020Realistically, you're not right 100% of the time. So there is an element of luck in every trade ever made. Though relying on luck is where people begin to lose money. Have a plan that you know the win/loss rate of and money manage accordingly. You ...
Cable Update (GBPUSD)
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BenWarburton replied Jun 8, 2020It's relatively easy to change that. Just make and if statement regarding the bid/ask price in relation to the 100ema (could use iMA)
Magic 100
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BenWarburton replied Jun 7, 2020Amazing. I'm very new to this (only basic knowledge in Python and fortran) - so your input is a lifesaver. Apart from these threads, where would you - or anyone else who's well read - recommend learning MQL5?
I will code your EAs and Indicators for no charge
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BenWarburton replied Jun 7, 2020Hello, you guys are a lot more clever than me and i've been stuck on this all day... My EA is dependant on BuyStops and SellStops but I have no clue how to cancel the orders if they haven't been filled within a certain timeframe. " ...
I will code your EAs and Indicators for no charge
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BenWarburton replied Jun 6, 2020Hey, I've been working on an algo that essentially uses the MACD indicator along with an EMA (with purpose of displaying trend). I want to write it so a long is taken when the MACD moving averages are far below the zero and crossing over. I have no ...
I will code your EAs and Indicators for no charge
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BenWarburton replied Jun 4, 2020the candle closed bullish. more indecisiveness from GU
Cable Update (GBPUSD)