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Delite replied Sep 9, 2010Hi all I know this will be of little interest, but I just wanted to say that I have had a complete lightbulb day today. For the first time since I started learning this dark art, everything finally came together and I looked at my chart, and fully ...
Cable Update (GBPUSD)
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Delite replied Sep 9, 2010Do you have time to explain the relationship? UCad has been in a downward trend all morning, as has cable indicating correlation. Why, therefore, should a turnup in UCad therefore signal a drop in cable?
Cable Update (GBPUSD)
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Delite replied Sep 9, 2010Hidden divergence is a price is posting a HL or a LH but the oscillator is posting a LL or a HH. Conversely, regular divergence is when the price is posting either a LL or a HH but the oscillator is posting a HL or a LH. Sounds convoluted, but have ...
Cable Update (GBPUSD)
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Delite replied Sep 9, 2010BBMac & Kaspopsicle — Great stuff. The snipping tool is perfect - didn't even know it existed!
Cable Update (GBPUSD)
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Delite replied Sep 9, 2010Gawd, I've probably got this wrong...I'm looking at the CI (as used on Medici and Islander's thread) which is a version of the RSI. The index is posting HL at the point when price is posting LL. That is bullish divergence, isn't it? Just learning, ...
Cable Update (GBPUSD)
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Delite replied Sep 9, 2010EUR/GBP has been going up all morning, indicating Euro strength.
Cable Update (GBPUSD)
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Delite replied Sep 9, 2010Blimey - do you have to? Just put them on ignore and enjoy your trading.
Cable Update (GBPUSD)
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Delite replied Sep 9, 2010Hey Pawpaw I'm intrigued. Do you hold a position going into news?
Cable Update (GBPUSD)
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Delite replied Sep 7, 2010Thanks for your honesty! Good luck with your trading. I too am coming back from a rocky start, but hopefully, with some renewed confidence, things should start to improve!
The System II (Yes with irony)
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Delite replied Sep 7, 2010Thanks! Now we are back in trending territory, I am trying to place orders either above or below significant highs and lows. They could be the h & l of the Asian session or simply obvious price rejections from the early European session. My ...
The System II (Yes with irony)
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Delite replied Sep 7, 2010Morning Stoffer What was your rationale for an entry at 12790? I placed a short order under the range low. I should add that I have read a chunk of this thread and understand feb's premise of swings, pullacks etc but thought that the same ideas ...
The System II (Yes with irony)
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Delite replied Sep 3, 2010Thanks for the reply - and apologies for taking us o/t. Have a great weekend!
Islander and Medici trade the European open
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Delite replied Sep 3, 2010Absolutely! I think there is a little too much testosterone around at times! Still, ignoring the numpties and learning like mad from the sensible guys on here. Much appreciated!
Cable Update (GBPUSD)
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Delite replied Sep 3, 2010Re Digger's post This is what's so great about this thread. Its not the predictions or even live trade postings, its the wealth of information which appears and which helps build a bigger and better picture. To find such diverse and useful snippets ...
Cable Update (GBPUSD)