Dislikedwell well...6240 touched,6260 touched,6274 touched as well now we have the...Ignored
1.6295 broke and on the way to 1.6320
still no retrace????
will be forsure a pullback as I wait for a pullback on GJ to 128.50 but only time will tell
Cable Update (GBPUSD)
- #274,484
- Edited 2:59pm Mar 21, 2011 2:49pm | Edited 2:59pm
- | Membership Revoked | Joined Mar 2010 | 3,853 Posts
Dx close to 2009 low of 7543 ( courtesy of Redsword11...my dx charts dont go back that accurately.)
Pays to shop around !
All systems of divination, like music itself,work through patterns.
- #274,486
- Mar 21, 2011 3:53pm Mar 21, 2011 3:53pm
- | Membership Revoked | Joined Mar 2010 | 3,853 Posts
All systems of divination, like music itself,work through patterns.
- #274,489
- Mar 21, 2011 6:30pm Mar 21, 2011 6:30pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
i will look closely to 6330 for shorts till 6260
if happens i will look closely to 6250 for longs till 6330 and possible breake up
im not sayin will happen exactly this
but i think these are good levels where look closely in fast time frames m5 - m15 of signs of reverse
trend is very strong
why not a bus stop near 6250? also 61% fibo 6200-6325
if happens i will look closely to 6250 for longs till 6330 and possible breake up
im not sayin will happen exactly this
but i think these are good levels where look closely in fast time frames m5 - m15 of signs of reverse
trend is very strong
why not a bus stop near 6250? also 61% fibo 6200-6325
90% of traders use TA, indicators and prediction
- #274,490
- Mar 21, 2011 6:39pm Mar 21, 2011 6:39pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
1.63-1.6350 appears to be a heavy congestion area. There will be a lot of dollars trading hands here, so don't get caught up in the chop fest that is likely to occur. A lot of profit taking, sprinkled with breakout entries = a mess not to be dealt with for now.
And with EUR/USD having a major target/resistance at 1.4250, look for there to be a bunch of fakeouts coming soon.
please let me understand better
,you mean on a possible fake breaking of 6340 (and 4250...) and reverse down?
90% of traders use TA, indicators and prediction
- #274,492
- Mar 21, 2011 7:21pm Mar 21, 2011 7:21pm
- | Membership Revoked | Joined Mar 2010 | 3,853 Posts
All systems of divination, like music itself,work through patterns.
- #274,496
- Edited 11:58pm Mar 21, 2011 11:40pm | Edited 11:58pm
- | Joined Aug 2009 | Status: Save our Children's Save our Future | 1,124 Posts
Mornign guys, my broker is charging swap fee
for GU
SELL 2.5-4.4pips/perDAY
Buy 0.7-2.5pips /perDAY
is there any 'reputable' broker that doesn't charge SWAP/ROLLOVER
i heard that spread is bit higher...extra 50-150%,
ex GU spread 3pips, other broker charge 6pips-8pips for spread without rollover/swap.
BTW i am not MUSLIM
can any of u guys guide me along... Thank You.
i think as long as England give higher interest rate it should be positive swap in GU..,i don't know in realty, is there broker that give positive swap or not..but my broker give 0 swap on "long GU"..
sometime i use broker 'policy' as an indicator..,broker must be having their own prediction for market movement..and their policy maybe (it just maybe) one of their strategy to minimized their risk from loss in big market or from their own costumer..
maybe there is information that only higher level trader such as broker know what issued in the market...i don't know..., it could be england policy in interest rate, or maybe 'rumors' buying or selling in big volume by big player...etc..etc...well i don't know..it's just a thought..
we are small player (or maybe just me
) only wait and anticipated so that we don't lose our account... oh yeah, if you want no swap, use free swap, the consequence you will get higher spread..that's your choice...if you try to find 'fair' broker that support your system or strategy or anything that you want in trading, maybe you will never find one...it's just not only you, they also want to earn money..right?
I will be the number one Manager.
- #274,499
- Mar 22, 2011 3:18am Mar 22, 2011 3:18am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
