It's not a perfect game. That was my analysis. Glad it hit my target. I didn't say buy @ that level, I simply shared my sell target as price bounced up from there twice previously.

Cable Update (GBPUSD)

Using 17 May 2022 LOW (08:00 AM gmt+3) as a reference. I see that as a level of support. Price touched there again on the 18 May before bouncing up.

Cable Update (GBPUSD)

Targeting TP @ 1.23400 - let's see!

Cable Update (GBPUSD)

More news in 30 mins. I think it's waiting for an excuse to drop...

Cable Update (GBPUSD)

Today's data will be confusing to trade for people like me... Is bad news about inflation good news for the exchange rate? When we pool the data, we do in fact find that bad news about inflation is indeed good news for the nominal exchange rate, ...

Cable Update (GBPUSD)

Off topic: Any thoughts on USDCHF?

Cable Update (GBPUSD)

Hi Hoda Looks like you using some kind of Break of Structure indicator... is it free? If so, can you share? Thanks! Kind Regards, samsha786

Cable Update (GBPUSD)

A SCALPING APPROACH ENTRY POINTS (M15 chart, any pair) BUY - When up arrow appears on current bar. SELL - When down arrow appears on current bar. STOP LOSS BUY - Stop loss @ up arrow price (usually 5 - 10 pips). SELL - Stop loss @ down arrow price ...

ZigZag 3 Windows

Brilliant! Thanks for sharing.

ZigZag 3 Windows

Reece Robertson

Cable Update (GBPUSD)

@Headland thanks for your insights and observations - on that note, I am going to bring this thread to a stop.

ZigZag - Keep It Simple Stupid

It's just an indicator, so you can put it on any chart.

ZigZag - Keep It Simple Stupid

Hi. Yes. Please practice in demo first.

ZigZag - Keep It Simple Stupid

I am still testing... anyways, as I always say - it's up to you, use it, don't use it, make it your own! If you follow Headlands posts, he is sharing what he is testing. Hopefully, amongst all of us, we find a better way.

ZigZag - Keep It Simple Stupid

See here: url I would recommend that you don't trade this system live... play, practice, make your own notes, etc. It's not mechanical, that means discretion is needed. I like mechanical systems and we are working towards finding a route to that... ...

ZigZag - Keep It Simple Stupid

Length = 6... is very sensitive. That's why I am using Length = 16. Why 16? 16 x 15 min charts is basically a 4 hour period. I don't have the patience to wait, so I take 5 - 10 pips and I get out. You can't trade every signal you get... Look at the ...

ZigZag - Keep It Simple Stupid

If you see the original post... not much info was shared. As such, we've had to make interpretations on how this could potentially be traded. I'm not using 3 time frames, I use only 1. On the first Post #1, the basic rules were shared. Use it, don't ...

ZigZag - Keep It Simple Stupid

Great results again... well done! Which oscillator did you observe divergence on?

ZigZag - Keep It Simple Stupid

I don't want this thread to become confused like the original... use the tools you are comfortable with. Stick to the basics of this system, unless you can identify an edge that will improve it. If you find such an edge, please do share.

ZigZag - Keep It Simple Stupid