The Many Purposes Of Steel Buildings
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Steel buildings are looked upon not just for their strength, but more so for their functionality. There are steel buildings that can be used as functional offices. There are some which host households, while some serve as storage areas. More than providing shelter to individuals, steel buildings have evolved according… Read more..
Today’s GBP/USD Forex Signal (26-09-2008) Best time to place this order is at 05.00 GMT sell @ 1.8412 ( Stop/Limit/Market Order) Set Stop Loss @ -30pip Set Profit Target @ 20 pip Daily Pivot: 1.8452 ( see the chart here) Daily Support and Resistance Levels S: 1.8238 1.8089 1.7875 R: 1.8601 1.8815 1.8964 Below are previous trade’s result and the Eur/Usd Signals: Previous Gbp/Usd [...]
Today’s GBP/USD Forex Signal (26-09-2008)
Best time to place this order is at 05.00 GMT
sell @ 1.8412 ( Stop/Limit/Market Order)
Set Stop Loss @ -30pip
Set Profit Target @ 20 pip
Daily Pivot: 1.8452 ( see the chart here)
Daily Support and Resistance Levels
S: 1.8238 1.8089 1.7875
R: 1.8601 1.8815 1.8964
Below are previous trade’s result and the Eur/Usd Signals:
Previous Gbp/Usd (25-09-2008) trade and its result:
sell @ 1.8490 (profit)
Today’s EUR/USD Forex Signal (26-09-2008)
Best time to place this order is at 05.00 GMT
sell @ 1.4630 ( Stop/Limit/Market Order)
Set Stop Loss @ -30pip
Set Profit Target @ 20 pip
Daily Pivot: 1.4652
Daily Support and Resistance Levels
S: 1.4534 1.4443 1.4327
R: 1.4741 1.4857 1.4948
Previous Eur/Usd (25-09-2008) trade and its result:
sell @ 1.4635 (Profit)
Please note that I don’t use the Eur/Usd signals for live trade. It is here for performance tracking purpose.
Previous Day’s HLC (High Low Close) Data
Gbp-Usd
H: 1.8667
L: 1.8304
C: 1.8386
Eur-Usd
H: 1.4766
L: 1.4559
C: 1.4625
I use the above HLC data to calculate today’s pivot point using forex pivot point calculator. If you curious what the HLC data is all about, please read this pivot lines article.
If you’re relatively new to this blog, please firstly read this free forex signals introduction page before you go any further.
If you would like to know the trading system used to generate this signal, please read the both trading the gbp/usd and pipholic gbp/usd daily pivot trading.
You can get the free forex signal delivered to your e-mail if you subscribe to my RSS by email. By subscribing you will receive an email whenever I post new forex articles.
Daily Free Forex Signal 26-09-2008
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Though daily pivot is the most common pivot used, ‘Daily’ is not the only timeframe used for pivot trading. Many traders use pivot lines also in lower timeframe such as 4 hour pivot, 1 hour pivot and 15 minute pivot etc. However manually calculating pivot for a timeframe lower than 4 hour is quite tedious, mostly [...]
Though daily pivot is the most common pivot used, ‘Daily’ is not the only timeframe used for pivot trading. Many traders use pivot lines also in lower timeframe such as 4 hour pivot, 1 hour pivot and 15 minute pivot etc.
However manually calculating pivot for a timeframe lower than 4 hour is quite tedious, mostly in case of trading volatile pairs like Gbp/Usd or Gbp/Jpy. I occasionally use 1 hour pivot when trading Gbp/Jpy and realize the difficulty ever since.
Luckily, few days ago Okan Erkan contacted me and sent me his pivot lines indicator. The indicator works by automatically drawing pivot, support and resistance lines on the chart.
According to Okan, the indicator uses the same pivot formula as the one used by pipholic pivot calculator . You can use them in any chart’s timeframe. Of course it draws different pivot for different chart’s timeframe.
Okan Erkan is a MQL coder at UzmanForex, a Turkish partner-company of FXCM, and he has been writing many MQL codes for UzmanForex’s trading clients. In case you don’t know, MQL is a set of programming language or a code base for any metatrader’s indicator and expert advisors.
Starting from now you can get help with any MQL related (metatrader indicators, mt4 expert advisors) problem from Okan in the forum. You can send him a private messages or write in Metatrader and Trading Platform Forum.
Use the following link to download the pivot lines indicator (.zip)
Pivot Line Indicator
Downloaded a total of 110 times
Installation:
- Download and Unzip the Ex4 file
- Copy theUF_Pivot_Lines.ex4 into your Metatrader indicators directory (Mt4 -> experts ->indicators)
- Start your Mt4, Open the chart window, apply the indicator from ‘Insert’ menu (Insert -> indicators -> custom -> UF_Pivot_Lines)
- that’s all.
Pivot Lines Indicator for Any Chart’s Timeframe
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Today’s GBP/USD Forex Signal (25-09-2008) Best time to place this order is at 05.00 GMT sell @ 1.8490 ( Stop/Limit/Market Order) Set Stop Loss @ -30pip Set Profit Target @ 20 pip Daily Pivot: 1.8510 ( see the chart here) Below are previous trade’s result and the Eur/Usd Signals: Previous Gbp/Usd (24-09-2008) trade and its result: sell @ 1.8539 (Loss) Today’s EUR/USD [...]
Today’s GBP/USD Forex Signal (25-09-2008)
Best time to place this order is at 05.00 GMT
sell @ 1.8490 ( Stop/Limit/Market Order)
Set Stop Loss @ -30pip
Set Profit Target @ 20 pip
Daily Pivot: 1.8510 ( see the chart here)
Below are previous trade’s result and the Eur/Usd Signals:
Previous Gbp/Usd (24-09-2008) trade and its result:
sell @ 1.8539 (Loss)
Today’s EUR/USD Forex Signal (25-09-2008)
Best time to place this order is at 05.00 GMT
sell @ 1.4635 ( Stop/Limit/Market Order)
Set Stop Loss @ -30pip
Set Profit Target @ 20 pip
Daily Pivot: 1.4655
Previous Eur/Usd (24-09-2008) trade and its result:
sell @ 1.4682 (Profit)
Please note that I don’t use the Eur/Usd signals for live trade. It is here for performance tracking purpose.
Previous Day’s HLC (High Low Close) Data
Gbp-Usd
H: 1.8606
L: 1.8457
C: 1.8466
Eur-Usd
H: 1.4745
L: 1.4602
C: 1.4618
I use the above HLC data to calculate today’s pivot point using forex pivot point calculator. If you curious what the HLC data is all about, please read this pivot lines article.
If you’re relatively new to this blog, please firstly read this free forex signals introduction page before you go any further.
If you would like to know the trading system used to generate this signal, please read the both trading the gbp/usd and pipholic gbp/usd daily pivot trading.
You can get the free forex signal delivered to your e-mail if you subscribe to my RSS by email. By subscribing you will receive an email whenever I post new forex articles.
Daily Free Forex Signal 25-09-2008
Similar Entries:
- Daily Free Forex Signal 08-07-2008
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Why do so many people involve themselves in get rich quick schemes that often leave them cashless and frustrated? Maybe because all of us want to believe it’s possible to have it all – for free. Essentially this theory taps into a couple of ugly traits among the common tribe of… Read more..