Daily Cable Analysis

Plz tell me where is the best place to short or long i am new in this business can u help me

My thought is it is setting up for a breakout long to test the recent high at 1.6522. But you are probably already long, aren't you M, lol.

Coach

Hah! That never happens to me .

Coach

Hey bro, good to hear from you. Just walked in the door.

You know what I see in the for the GU, I said as much many months back GU to 1.7 and the drop to come.

I have trades both ways when it ranges, but my overall plan is to start short right at 1.69 area then all the way up. lol.

I hope your scalps are doing great, would like to hear of some of your trades, post a few charts here for us all to admire.

Will chat with you soon, was going to call you today, but was tied up with a project.

Cheers

Watching for top test here, were at ASIA top aslo, could be good shorts around 1.6520 or higher, would like to hear what The Cable Guy thinks, where is he tonight???

EU setting up for stall, let's see if it holds here on this move up.

Short EU

Oh yea, shoot up to the sky EU, like those moves that come from no reason, other then Frank open time.

a break above 1.6545 signal to me where back in the uptrend

Good to have you on the threads, I would probably start by changing my name from poortrader to soon to be richer - lol.

I am not around the thread as much these days, but you can ask for assistance from TheCableGuy or COACH, they are both excellent traders that like to teach newbies.

I will do my best to help you with as much possible, I am a risky trader though, I do not use stops and you can get a big drawdown following my style.

Cheers and Good Luck!

I have been in the uptrend since 1.4, lol, but I like to scalp and play with money too much.

Good call, I appreciate it, post some charts if possible, everyone likes to see ideas, and yours is welcome.

Cheers

I took short on EU with the thought we would see a stall, well, it pressed up on me lol.

I am also short now on GU, why not, let's rock and roll, and no pressure, just trade it and see if it works.

All is good, just have patience and lots of endurence on bad entries.

A day of learning FOREX, never perfected, just learn and learn.

I am never up this late - is frank now open, or is it in one hour??? help if you know.

frank didn't make it.

After seeing the moves EU and GU did, I realized the session has started.

All good and exciting, good moves, good pips to reap.

Timing is off at times, but all trades are manageable.

Take the risk, and fear no loss, win and lose, but win more then lose.

Never win if you never try.

I really like to see when the market moves, even when I am in a trade. Nothing worse then being in a trade when the market is absolutely dead, this is what forex excitement is all about, you can learn so much when it really rocks.

Note: Even though I shorted on EU and GU when this baby started moving, I have help on it's way, the true challenge, can you escape a bad trade with profits, YES you can, if you play it right and trade accordingly

FOREX TRADING HOURS.


London opens 3:00 am to 12:00 noon EST

New York opens 8:00 am to 5:00 pm EST

Sydney opens 5:00 pm to 2:00 am EST


Tokyo opens 7:00 pm to 4:00 am EST

So frankfurt opened 18 minutes ago, figured. thanks for the update

Oh I like when the GU BLUE shows strong, yes, yes, go high, go to the top.

I have a very special project in the works for you GU, just give me the chance to trade it all the way up and then when you hit my key levels, I will make a fortune off of you.

It takes months and in this case a full year of planning to capture a very large profit that is in the process on my long term projection, I have stayed the course of direction, even after many said NO WAY it can make it.

Just believe, trade what you have prepared for, and make your dreams come true.

I like BLUE oh GU

EU exit 1 = -5
EU exit 2 = +12

GU exit 1 = +7
GU exit 2 = Breakeven

So with 2 trades that looked awful LOL, I traded at another area I thought was good, and cleared those losses out.

Total profit +14 pips, and they were losers to start with boys, never think a loser has to stay a loser, just win more then you lose and learn to cut a trade as close to breakeven as possible after it has run against you, be wise, take more trades. All is fair in forex, play to win, and play to keep ahead of those other traders trying to fake you out on every curve.

Cheers again

Come and take me long for a few.

The hour started bullish, with a pullback, shall we end with some bull power boys???

Man come on and drop GU, I made my pips on you already, now we will take you to the edge and make more.

Not too many postings here tonight, I guess we have readers only.

Cheers to all.

I am trading full blast here now.

Thank you for the signal earlier, I watched and took the trade as you projected.

Have a great night, let's chat tomorrow if possible.

N2FX