Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

#18,461
Jul 12, 2007 10:57am Jul 12, 2007 10:57am

zamans98
| Joined Mar 2007 | Status: There is No Secret in Forex | 889 Posts

Quoting moneda

Disliked

Zamans98,

I am curious how you are utilizing the Level II in Navigator. I have the same broker and my understanding from a webinar that I attended is that its price fluctuation is so fast that it is mostly used by traders that want to enter a trade between the spread. To use as a tool for price action seems to be ineffective.

Ignored

I think you need to learn more about that. Try searching around and you will know more.

#18,462
Jul 12, 2007 10:58am Jul 12, 2007 10:58am

bksujal
| Joined Jun 2007 | Status: candlestick trader | 991 Posts

My Macd Says to buy gbp for long wht do u guys think?

Attached File(s)

Doc1.doc 62 KB | 438 downloads

#18,463
Jul 12, 2007 10:59am Jul 12, 2007 10:59am

zamans98
| Joined Mar 2007 | Status: There is No Secret in Forex | 889 Posts

11:56US STOCKS CONTINUE TO SURGE AND THE DOLLAR IS CATCHING A SLIGHT BID. TODAY’S ACTION HAS MANY TRADERS SCRATCHING THEIR HEADS IN WONDERMENT, ESPECIALLY TRADERS IN FOREXFACTORY.

#18,464
Jul 12, 2007 11:03am Jul 12, 2007 11:03am

Sidus
| Joined Jun 2006 | Status: Trader | 244 Posts

Quoting zamans98

Disliked

11:56US STOCKS CONTINUE TO SURGE AND THE DOLLAR IS CATCHING A SLIGHT BID. TODAY’S ACTION HAS MANY TRADERS SCRATCHING THEIR HEADS IN WONDERMENT, ESPECIALLY TRADERS IN FOREXFACTORY.

Ignored

#18,465
Jul 12, 2007 11:06am Jul 12, 2007 11:06am

henrycarol
| Joined Jul 2006 | Status: Trader | 416 Posts

Quoting ndvt241

Disliked

I heared that US retail sales may come better than expected. the 2.04 may be is too far for now. you may talk about this number-after and depending on the MPC meeting

Ignored

2.0400s is not far away. Just 110pips.........piece of cake for g/u.

Remember, we are still in an uptrend.

Just watch and see.

#18,466
Jul 12, 2007 11:08am Jul 12, 2007 11:08am

bksujal
| Joined Jun 2007 | Status: candlestick trader | 991 Posts

Quoting henrycarol

Disliked

2.0400s is not far away. Just 110pips.........piece of cake for g/u.

Remember, we are still in an uptrend.

Just watch and see.

Ignored

so is it worth a buy? did you? and at wht price?

#18,467
Jul 12, 2007 11:09am Jul 12, 2007 11:09am

SunTrader
Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts

Nymex crude having an ugly reversal day to the downside

#18,468
Jul 12, 2007 11:23am Jul 12, 2007 11:23am

zamans98
| Joined Mar 2007 | Status: There is No Secret in Forex | 889 Posts

Quoting moneda

Disliked

Zamans98,

I am curious how you are utilizing the Level II in Navigator. I have the same broker and my understanding from a webinar that I attended is that its price fluctuation is so fast that it is mostly used by traders that want to enter a trade between the spread. To use as a tool for price action seems to be ineffective.

Ignored

http://www.investopedia.com/articles...vel2Quotes.asp

Do read and understand why it is vital to check L2 quotes as well...

#18,469
Jul 12, 2007 11:24am Jul 12, 2007 11:24am

henrycarol
| Joined Jul 2006 | Status: Trader | 416 Posts

Long G/u Long!!!!!!!!

Rocket Up Baby :d

#18,470
Jul 12, 2007 11:28am Jul 12, 2007 11:28am

moneda
| Joined Apr 2007 | Status: Miembro | 918 Posts

Quoting zamans98

Disliked

I think you need to learn more about that. Try searching around and you will know more.

Ignored

Zamans98,

I am not sure how to take your reply. In FF if a person asserts something the least that this person can do is educate others... your answer seems to suggest that I need to learn more ... maybe so... but since you were the one that brought up the subject...is it inappropiate for me to ask you about it? How about sharing your expertise on Level II in Forex? I am sure that there are more members that can benefit from it. Perhaps if you are not willing someone else can.

Thank You.

Unus pro omnibus, omnes pro uno