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  • #621
  • Aug 2, 2010 2:25am Aug 2, 2010 2:25am
Quoting zamanib
Look out for these 2 levels ----- 15746 -- 15684
These 2 lines have some significance in today trading
Freddy these are lines I was telling you about-- yesterday
Attached Image (click to enlarge)
Click to Enlarge Name: systemtest1.gif Size: 14 KB
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #622
  • Aug 2, 2010 2:29am Aug 2, 2010 2:29am
Quoting huskyboy
we know there are 2 SMA used, 21 high/low to get the channel, grid placed at 00/50 levels so i suppose those red horizontal lines comes from that ADR indi ?
This is calculated -- after a certain hour candle is form-- then apply my equation then get these 2 lines -- I will post the lines daily -- so you can see the level-- I will not win all the trade with these lines but 80% will be wining--
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #623
  • Aug 2, 2010 2:32am Aug 2, 2010 2:32am
Quoting zamanib
These 2 lines have some significance in today trading
Freddy these are lines I was telling you about-- yesterday
Quick 30 pips up from the buy
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #624
  • Aug 2, 2010 2:32am Aug 2, 2010 2:32am
eur/gbp to continue down trend because 4 mbritish banksare expected to report huge profit today, bank of scotlaloyyds, alifax,barclays ..
  • #625
  • Aug 2, 2010 2:35am Aug 2, 2010 2:35am
hi zamanib

charts make sense but what are the settings of the channels/Mas used pls?

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Quoting zamanib
cont
  • #626
  • Aug 2, 2010 2:42am Aug 2, 2010 2:42am
News

 

  1. Retail banking lifts BNP Paribas (http://www.bbc.co.uk/news/business-10834809)
  2. UBS profits ahead of expectations (http://www.bbc.co.uk/news/business-10772203)
  3. Deutsche Bank sees profits rise (http://www.bbc.co.uk/news/business-10771587)
  4. Credit Suisse profits hit $1.5bn (http://www.bbc.co.uk/news/business-10722655)

  • #627
  • Aug 2, 2010 2:45am Aug 2, 2010 2:45am
Quoting forexlion
News...
by Wall Street Journal

http://www.forexlionfx.com/

WSJ.com: Markets (http://online.wsj.com/) Markets http://online.wsj.com/img/wsj_sm_logo.gif

  1. BNP Paribas's Net Profit Jumps 31% (http://online.wsj.com/article/SB10001424052748704271804575404452152427746.html?mod=rss_markets_main)

    BNP Paribas reported far better-than-expected net profit, as strong retail operations more than offset a slide in investment banking. Shares soared 3.8%.

  2. Banks Push European Shares Higher (http://online.wsj.com/article/SB10001424052748704271804575404492036915082.html?mod=rss_markets_main)

    European stocks rose on the first trading day of the month, boosted by banking shares and positive trading in Asia.

  3. UBS's U.S. Mortgage Push (http://online.wsj.com/article/SB10001424052748703787904575403354133923236.html?mod=rss_markets_main)

    UBS is expected to announce Monday the hiring of two executives from Goldman Sachs and Bank of America who will lead the Swiss bank's efforts to make more mortgages and other loans through its brokerage force in the U.S.

  • #628
  • Aug 2, 2010 2:47am Aug 2, 2010 2:47am
follow WSJ here if you wish to remain one step ahead of the market trend

http://www.forexlionfx.com/

this is a premium feed for free
  • #629
  • Aug 2, 2010 3:24am Aug 2, 2010 3:24am
Quoting zamanib
Quick 30 pips up from the buy
50 pips
Attached Image (click to enlarge)
Click to Enlarge Name: systemtest1.gif Size: 10 KB
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #630
  • Aug 2, 2010 3:29am Aug 2, 2010 3:29am
150 pips move from last buy signal
Attached Image (click to enlarge)
Click to Enlarge Name: systemtest1.gif Size: 21 KB
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #631
  • Aug 2, 2010 3:39am Aug 2, 2010 3:39am
Quoting zamanib
150 pips move from last buy signal
I THINK GU do not broke 1.5800 and retrace to 1.5680..and everybody what think?
  • #632
  • Aug 2, 2010 3:52am Aug 2, 2010 3:52am
Quoting citrusvtk
I THINK GU do not broke 1.5800 and retrace to 1.5680..and everybody what think?
in forex, never think

just do what the chart says, just ride the waves
  • #633
  • Aug 2, 2010 4:02am Aug 2, 2010 4:02am
WSJ.com: Markets (http://online.wsj.com/) Markets http://online.wsj.com/img/wsj_sm_logo.gif

  1. HSBC's Net Profit Doubles (http://online.wsj.com/article/SB10001424052748704271804575404642946218472.html?mod=rss_markets_main)

    HSBC Holdings said its net profit for the first half of the year doubled on lower impairment charges.

  • #634
  • Aug 2, 2010 4:03am Aug 2, 2010 4:03am
Quoting forexlion
in forex, never think

just do what the chart says, just ride the waves
Thats my line man -- check the post I said that here. lol
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #635
  • Aug 2, 2010 8:26am Aug 2, 2010 8:26am
200 plus pips on last buy entry---- ADR reached -- exceed
Attached Image (click to enlarge)
Click to Enlarge Name: husky2.gif Size: 20 KB
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #636
  • Aug 2, 2010 8:17pm Aug 2, 2010 8:17pm
2 levels to look out for 15919 -- 15855 (64) pips gap buy above sell below
set stop opposite side-- watch your adr for the day -- I will trade this at london open or 1hr before
Attached Image (click to enlarge)
Click to Enlarge Name: husky2.gif Size: 18 KB
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #637
  • Aug 2, 2010 8:51pm Aug 2, 2010 8:51pm
Will only short it new sell signal come on this chart-- break and close below these lines
Attached Image (click to enlarge)
Click to Enlarge Name: husky2.gif Size: 20 KB
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #638
  • Aug 2, 2010 8:54pm Aug 2, 2010 8:54pm
Let's make some pips tonight, still a few more hrs to go till the action starts.
  • #639
  • Aug 2, 2010 8:56pm Aug 2, 2010 8:56pm
Quoting Freddyfx
Let's make some pips tonight, still a few more hrs to go till the action starts.
post your setup-- how is 2 lines working out for you
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #640
  • Aug 2, 2010 9:06pm Aug 2, 2010 9:06pm
My chart looks exactly like yours.
Just watching and evaluating it.
Some other more important matters at hand these days then trading.
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