Thread: Discuss the GBP/USD with a DailyFX Analyst

Hi Just sent you a reply in Private, do you see that ? thanks

Originally Posted by 4xis2ez

I will try to help with any confusion here.

To do a Long Term Delta for 2009 using your multiply given delta times by 8 equation,(the book says 4 years) am i to understand that i need a four series each 32 years apart to compare?

So the first series date would be: January 1, 1977 looking at the entire year on weekly charts

and the second date series date would be January 1, 1945 looking at the entire year on weekly charts

and so on two more times?!!!!

That seems really far back in history! Seems like the hardest part would be to get the data.

I feel like i don't have this right at all. I am trying to keep my question to minimum untill i get thru the book but i thought maybe you could help one more time again and again. If your ever in Philly I'll take you out to diner!

P>S> i notice you are using four hour bars on the weekly solutions, am i messing up by using houly bars instead? will that give me to much "noise" and therefor alter the predicted arrival times?

Originally Posted by YOUNG GUNS

To do a Long Term Delta for 2009 using your multiply times by 8 equation,(the book says 4 years) am i to understand that i need a four series each 32 years apart to compare?

So the first series date would be: January 1, 1977 looking at the entire year on weekly charts

and the second date series date would be January 1, 1945 looking at the entire year on weekly charts

and so on two more time?!!!!

That seems really far back in history! Seems like the hardest part would be to get the data.

I feel like i don't have this right at all. I am trying to keep my question to minimum untill i get thru the book but i thought maybe you could help one more time again and again. If your ever in Philly I'll take you out to diner!

P>S> i notice you are using four hour bars on the weekly solutions, am i messing up by using houly bars instead? will that give me to much "noise" and therefor alter the predicted arrival times?

There is not enough data to do long term on gbpusd on a 32 year time frame. cmellons charts have long term on them.

There is no problem using hourly bars, but you are basicly looking for areas where the highs and lows occur, not really the ultimate high or low pip per swing.

Originally Posted by 4xis2ez

There is not enough data to do long term on gbpusd on a 32 year time frame. cmellons charts have long term on them.

There is no problem using hourly bars, but you are basicly looking for areas where the highs and lows occur, not really the ultimate high or low pip per swing.

Ok, but i do have the time frames correct. I suppose once i get a good grasp of this inversion problem, i could do an LTD using four year periods. Now you've got me thinking about resources for back charts!

Originally Posted by YOUNG GUNS

Ok, but i do have the time frames correct. I suppose once i get a good grasp of this inversion problem, i could do an LTD using four year periods. Now you've got me thinking about resources for back charts!

The Delta Intermediate solution for gbpusd is already in the Delta book. I don't know what page, but it is in the section that explains the Intermediate
time frame.

Looks like gbpusd heading down again.

US dollar is crankin.

Originally Posted by 4xis2ez

US dollar is crankin.

missed the 10 sell but geezzzz it has like a good 2-3 hours before 11 comes in to play..this could be interesting..

You guys short? My exit limit just got hit for +76 pips in about 16 minutes.

Originally Posted by 4xis2ez

You guys short? My exit limit just got hit for +76 pips in about 16 minutes.

as i say i missed the biggy but i got in at 6805 for a quick 60 pips profit..
interesting couple of hours upon us me thinks..

Originally Posted by 4xis2ez

You guys short? My exit limit just got hit for +76 pips in about 16 minutes.

seems it was down to mervin king boe ...rate cuts in pipeline...like we didnt know that already lol..

Originally Posted by 4xis2ez

You guys short? My exit limit just got hit for +76 pips in about 16 minutes.

I left some money on the table, my exit was at 6780.

Originally Posted by FX Newb

seems it was down to mervin king boe ...rate cuts in pipeline...like we didnt know that already lol..

You mean someone in UK spoke up to cause the gbpusd drop.