Daily Video, GBP/USD, September 13, 2010

Sive Morten

Special Consultant to the FPA
Messages
13,170
hey Sive
Can You tell me where I can get this DiNapoli indicators you use?
There are no official DiNapoli Indicators for MT4.

Sive,

I would like to know that also. I'm using GFT and they don't seem to have that indicator. Is there something else that it might be called?
Well, difficult to say definitely. As I know oficial trade name is DiNapoli MACD Predictor.
 

seippg

Recruit
Messages
5
You can read the text version, just look in the root of my topic on forum. THere is a weekly analysis of Cable...



Hi Gregg,
in fact, if you use MT4, you will not be able to use my numbers, but here they are:
8.3897
17.5185
9.0503
Besides, MT4's MACD uses simple averaging for signal line and I use exponential...
Thanks Sive, I made a specialized MACD in Thinkorswim which works. Maybe I can hack a macdp.
 

Scroobius

Recruit
Messages
6
Bread & Butter

Hi Sive - today there looked like two possible bread & butter momentum trade opportunities on the EUR/USD and GBB/USD but only on the 1 hour charts. The GBP looked too shallow to produce enough profit for the risk but the Euro turned out that it would have been a good trade. I would be interested in your view on B&B trades in the 1hour time frame only (ie not a higher time frame & using fibs for entry from intra day charts).

Greatly enjoying your daily videos which have opened up a whole world that as a small time scalper I did not know about - I am busy reading Trading with D Levels and Murphy (for basic foundation).

Thanks for all the time you are putting into this it is hugely appreciated by me and I am sure many others.

Scroobius
 

Sive Morten

Special Consultant to the FPA
Messages
13,170
Hi Sive - today there looked like two possible bread & butter momentum trade opportunities on the EUR/USD and GBB/USD but only on the 1 hour charts. The GBP looked too shallow to produce enough profit for the risk but the Euro turned out that it would have been a good trade. I would be interested in your view on B&B trades in the 1hour time frame only (ie not a higher time frame & using fibs for entry from intra day charts).

Greatly enjoying your daily videos which have opened up a whole world that as a small time scalper I did not know about - I am busy reading Trading with D Levels and Murphy (for basic foundation).

Thanks for all the time you are putting into this it is hugely appreciated by me and I am sure many others.

Scroobius
Hi, Scroobius
It will be much simplier to answer if you've attached charts with patterns that you sense as B&B, ok? Attach them and let's discuss it.
 

Scroobius

Recruit
Messages
6
Bread & Butter

No problem attached are charts. Actually it was the gbp/usd that looked the most interesting with 11 bars thrusting above the 3x3 then a decent pull back from X to Y gave a target at the XY 618 fib ("O") that would have made a decent trade. The eur/usd was not so interesting because the pull back between X&Y was small and therefore the 618 fib target would have only been a few pips not worth the r/r. But the main question for me is should this type of trade come be spotted on the higher time periods with entry, exit and stops worked out from the intraday charts.

Many thanks

P
 

Attachments

Sive Morten

Special Consultant to the FPA
Messages
13,170
But the main question for me is should this type of trade come be spotted on the higher time periods with entry, exit and stops worked out from the intraday charts.

Many thanks

P
Yes, if we're talking on DiNapoli language - you should drop your time frame and use one of the entering technics (for example Minsweeper or Bushes).
So, if you see hourly B&B, you can enter, using 5-min chart.
 

Erdinc

Private
Messages
13
Hi Sive ,

What happend to GBP/USD , 160 pips!? You still believe that we have to wait to enter long till the previous lows are cleared out ??
 
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