German production index is way low , it will weigh on Euro and Cable
Cable Update (GBPUSD)
- #186,183
- Dec 7, 2009 5:34am Dec 7, 2009 5:34am
- Joined Aug 2008 | Status: Trader | 3,976 Posts
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
- #186,184
- Dec 7, 2009 5:40am Dec 7, 2009 5:40am
- | Commercial User | Joined Oct 2008 | 5,712 Posts
can anyone help, is gu going up or down from here...totally clueless.
- #186,187
- Dec 7, 2009 6:07am Dec 7, 2009 6:07am
- Joined Aug 2008 | Status: Trader | 3,976 Posts
But you are very much good in that even with tight SL's....
Can you give any snapshot of your chart?
This is sample of my trade
Short 1.6510 SL 1.6535 (risk 25 pips)
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
- #186,190
- Dec 7, 2009 6:23am Dec 7, 2009 6:23am
6390 I am out..+10pips
* definitely bearish, the price begin to fall at around 1.6500
* soon will facing challenge 2 supports, daily S1=1.6370 & weekly S1=1.6330
* distance from daily S1=130pips, from weekly S1=170pips
* daily ATR(14)=193pips, so travelling to weekly S1 almost complete daily cruising range.
* the price touch weekly S1 and bounce up, and now moving around daily S1 and weekly S1.
* only speaks from 2 central bank chairmans few hours later will move cable beyond its daily range.
Patience + Discipline = 
- #186,192
- Dec 7, 2009 6:35am Dec 7, 2009 6:35am
- Joined Nov 2009 | Status: Following X to get the effect | 1,302 Posts
Hi Pip26
This is sample of my trade
Very simple Fibonacci Retrancement.
- #186,193
- Dec 7, 2009 6:35am Dec 7, 2009 6:35am
- Joined Aug 2008 | Status: Trader | 3,976 Posts
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
- #186,194
- Dec 7, 2009 6:50am Dec 7, 2009 6:50am
- | Commercial User | Joined Oct 2008 | 5,712 Posts
nice blog bro
is there any way to post in your thread? (I've been trading GBPAUD)
- #186,195
- Dec 7, 2009 6:54am Dec 7, 2009 6:54am
- Joined Aug 2008 | Status: Trader | 3,976 Posts
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
