Help Me Establish The GbpUsd After Dinner Club - Page 2
Page 2 of 735 FirstFirst 1234 ... LastLast
Results 11 to 20 of 341

Thread: Help Me Establish The GbpUsd After Dinner Club

  1. #11

  2. #12
    I utilized the thread name just for a little ching. However, what I've discovered is that around 10am or so the GbpUsd either shirts outside, bottoms out, or it's a crucial pivot point. Knowing this might help you possibily exit your trade saving you time believing that there is a lot more pips to get. In addition, it can enable you to get into a transaction and get in on several pips when the pound dollar starts to retrace. What I am looking for is 3 or more individuals who trade during that time to find out whether this tiny piece of information is truly that legitimate in the heat of the battle. I work through the day so I am unable to test it out consistently. Sure , back analyzed it almost looks like a no brainer. However, as some would say this is a battle and when feelings are involved, well that is what separates the 5% by the 95%. It's possible to check on a demo account or you desire. Then after the day add some in put on the ribbon. Hey if it's just another tool which you can apply even after a week (I think it can be helpful ) to your own trading and help you save or buy 10,20,30, or more pips at a week. Well 10 pips a week is 500 more pips. I've posted the retracements probability for its gbpusd and also a lot of these retracements happen in this time period. I also posted charts in the last few days , not picking and choosing any one's paticular but simply going back in a chronological order showing on a day to day basis just how this time frame can be used to our advantage.

  3. #13
    The GbpUsd has retraced to these fib amounts with in that day of setting the high and low or with at the following days 24 hour trading schedule. I've only recently gone over all the 2006 charts around the current for guaranteed precision.

    23.6 Fib level has been retraced to 272 out of 280 days to get a 97.1% probability of retracement to that amount after the days high and low are established.
    38.2 Fib level has been retraced to 241 out of 280 days to get a 86.1% probability of retracement to that amount after the days high and low are established.
    50.0 Fib level has been retraced to 215 out of 280 days to get a 76.8% probability of retracement to that amount after the days high and low are established.
    61.8 Fib level has been retraced to 175 out of 280 days to get a 62.5% probability of retracement to that amount after the days high and low are established.

    As I have mentioned before these retracements occur more commonly across the 10am eastern to 12pm eastern time. The majority of the time (again most is pretty generalized ) it is 10am to 11am. Looking at the charts and hopefully will be getting some useful information together on that subject. But if you return and look at the highs and lows of this day you will see this is generally so.

  4. #14
    I frequently trade through those hours, provided that there has been some useful trading earlier and I have open trades. Those hours are normally the end of my trading day (if it has not ended earlier because of market inactivity or total unpredictability).

    That I am uncertain how I can help, but I'm at least a few of the period available.

    I have been looking more carefully at the submitted charts and in hindsight it's easy to find out exactly what occurred. While I examine the 10EST area and gradually seem to 12 with the pips before the area I am looking at coated, I find it rather hard to see how I'd act on this information . I'll keep an eye on what occurs in cable in this period of time.

  5. #15
    Just allow me to know whether the info is useful. For me if I was in a trade during that time that it seems like it would influence my depart and reenter egy. I mentioned before I am not around at the time so that I either exit out when I head out the door at 7am eastern or remain in with a target price. It seems it might assist a person not to be hanging round his computer to get an inordinate quantity of time waiting for more pips once on the most part it is near a low or high or going to retrace therefore perhaps lose wanted pips. Interested in feed back. When I come home for lunch which I rarely do I'll check and see whether it has retraced to the 23.6 degree it hasn't I will put a trade with that or the 38.2 fib for a target. Able to do it occasionally but it has worked. I set a goal at half way between 23.6 and 38.2 and missed my goal by 3 pips. Then readjusted again to 23.6 then missed that by three pips. Closed the transaction at 0 pips.
    Quote Originally Posted by ;
    I often trade through those hours, as long as there has been some helpful trading before and I have open trades. Those hours are usually the end of the trading day (when it hasn't ended earlier due to market inactivity or overall unpredictability).

    I am uncertain how I will help, but I am at least some of this time available.

  6. #16
    I'm retired so that I make my own hours (typically all night ) but I think you should reconsider the name of your band unless you're trying to attract individuals in eastern Europe and Asia. In my own time zone, calling it the breakfast club would be more appropriate (0600 to 0800).

  7. #17
    Must have contained daily retracements with the preceding articles. I also will need to mention that when I post retracement statistics is that when it retraced to with in seven pips of a fib degree I counted this as a hit. For example in this case it's 6 pips with in the 50.0 fib mark, which I call a hit.

  8. #18
    After dinner club just seemed ching it really should be the GBPUsd Following 10am Club (eastern time)
    Quote Originally Posted by ;
    I'm retired so I create my own hours (typically all night long) but I think you need to reconsider the name of your group if you're not attempting to entice individuals in eastern Europe and Asia. In my time zone, calling it the breakfast club could be appropriate (0600 to 0800).

  9. #19
    Breakfast is more appropriate in my own time zone too.

  10. #20
    Quote Originally Posted by ;
    Chart 7
    In this chart, I would like to understand how you would have handled this. I am able to see the very first point to begin your fib retracement lines at the reduced (red bar) on the 22nd. As 1000 arrived, what would you have done? Could you have attracted on your retracement based on the price at 1000? You show the large, appropriately at 1100. But how do you know this in advance, in hind sight it's obvious, but I don't see how I would have deduced this would occur at the time.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
This website uses cookies
We use cookies to store session information to facilitate remembering your login information, to allow you to save website preferences, to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners.