Morning FX,

Thanks for your early update.

Plenty of questions developing in my head but just one for now.

When you are looking at a with trend 1-2-3 entry on the 5, I presume that the 63 CCI has to be above/below 100/-100 when you get the entry from the 7 CCI as a cross of those levels would be the overall exit.

Is that correct?

Thanks,

G-Man

Hey Mr P

Just wondering if these are valid signals (red arrows)?

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Yes WHC Crude (CL) has stalled at $128.00.
May I suggest: File > New chart > energies CFD > BRN
That's Brent Crude which should give a very similar guidance.

I have a short order in just below the 1.9900 for GBPUSD

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Looks like a lot of support around that 1.99 area.

Could be several orders building below. Including FX's!

G-Man

Hi Cindy.

The 1st of the two most definately. The second possibly not so much so.
When your moving averages are nice and relaxed that's when you have the power, when they are fanned out there is limited power, much like a stretched elastic band, which will need to ping back.
I'd like to see a bit more consolidation and be careful. If Oil and Gold have decided they have had enough they could ping back a bit adding weakness to the Dollar opposed to the strength we are witnessing at the moment.

Great little play if you took the first move up to the R1. Congratulations and good Pimpin'.

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We all had the same problem. What you need to do is replace your crude (CL) chart with Brent Oil (BRNU8) and this will fix your problem for now. The other one is currently expired.

Hope that helps

Vampy

OOps, I just know noticed that about 15 million other people already answered your question. My page was not refreshed

Well well well.

After some big moves yesterday, the Dollar has maintained it's strength this morning, with Crude falling (well, brent as crude was not working) and dragging Gold with it.
With the vote from the MPC coming out at 7-1-1 the GBPUSD trade never materialized, and to be brutally honest I sat on the sidelines thinking everything else to be either overbought or oversold.
Gold actually wasn't below -150 at its point of departure on the 4hr CCI and I got it wrong.
I put my hands up and say I mis-read it and took no trades as a result.

I'm know a lot of you did, which is great to see.

Attached is the pick of the bunch. Notice how the blue 15m 50 sits on the correct side of the 15m 20 for a nive play in the appropriate direction.

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LOL thanks anyway Beni!

AS we have seen this morning, on the back of rumours of the liklihood of possible rate hikes in the UK sooner rather than later, we have seen GBPUSD travelling in an OPPOSITE direction to its counterpart EURUSD this morning.

This happens sometimes and when it does there is always opportunity in the cross-pair.

So if Euro is weak against Dollar and Pound is strong against Dollar, then Pound MUST be strong against Euro.
Remember the Football analogy from the second post on the thread ?

The left chart is GBPUSD, the right is EURUSD and the middle is EURGBP.

A nice little move and well worth remembering. When not looks quite right on our main stage there is always something lurking in the shadows for us.

If there's any questions about this topic then please do ask.

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No matter what i try i can not get any price bars to display on the templated chart. Could someone please advise. Thank you.

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