90% of traders use TA, indicators and prediction
Cable Update (GBPUSD)
- #286,621
- Aug 17, 2011 7:43pm Aug 17, 2011 7:43pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
- #286,622
- Aug 17, 2011 7:47pm Aug 17, 2011 7:47pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #286,623
- Aug 17, 2011 8:00pm Aug 17, 2011 8:00pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
ok.. just kidding...
turned out to be a bit stiffer than i thought
maybe im not the only one....
90% of traders use TA, indicators and prediction
- #286,624
- Aug 17, 2011 8:06pm Aug 17, 2011 8:06pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
all so silent during asian session!? 
90% of traders use TA, indicators and prediction
- #286,625
- Aug 17, 2011 8:11pm Aug 17, 2011 8:11pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #286,626
- Aug 17, 2011 8:20pm Aug 17, 2011 8:20pm
- Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
all so silent during asian session!?
Mohan 
- #286,627
- Aug 17, 2011 8:38pm Aug 17, 2011 8:38pm
Good day all!
My analysis for today (18 Aug):
The bull trend seems to be 'almost running out of gas' but can still make one last shot towards 6700 (Mar 2011 S/R).
We can expect for a moderate retracement towards 6470 or even 6420 before NY open before continuing its up trend.
However, price are currently at the border of a major support-resistance. Price can be rejected anytime now (Which is the reason a lot of ppl playing short). From my point of view, id say that there is a 20% chance for a trend change before hitting 6700. Remember, this is forex, anything can happen.
My analysis for today (18 Aug):
The bull trend seems to be 'almost running out of gas' but can still make one last shot towards 6700 (Mar 2011 S/R).
We can expect for a moderate retracement towards 6470 or even 6420 before NY open before continuing its up trend.
However, price are currently at the border of a major support-resistance. Price can be rejected anytime now (Which is the reason a lot of ppl playing short). From my point of view, id say that there is a 20% chance for a trend change before hitting 6700. Remember, this is forex, anything can happen.
- #286,628
- Aug 17, 2011 8:40pm Aug 17, 2011 8:40pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #286,629
- Aug 17, 2011 8:44pm Aug 17, 2011 8:44pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
having short @ 6512 worth to hold ?
hello
sincerely i cant know...
depends on your strategy!
i prefere fast positions for 10-20 pips actually
already closed my long..
lets see what goes on next hours
90% of traders use TA, indicators and prediction
- #286,630
- Aug 17, 2011 8:53pm Aug 17, 2011 8:53pm
- Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
hello
sincerely i cant know...
depends on your strategy!
i prefere fast positions for 10-20 pips actually
already closed my long..
lets see what goes on next hours
Mohan
- #286,631
- Aug 17, 2011 9:10pm Aug 17, 2011 9:10pm
having short @ 6512 worth to hold ?
Morale of the story: Short or long, it depends on your strategy.
- #286,632
- Aug 17, 2011 9:26pm Aug 17, 2011 9:26pm
- Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
There is a story of two trader. One went long, the other went short. Who profited at the end of the day? They both did.
Morale of the story: Short or long, it depends on your strategy.
Mohan
- #286,633
- Aug 17, 2011 9:27pm Aug 17, 2011 9:27pm
- Joined Jul 2010 | Status: Always manage your risk & leverage | 7,339 Posts
or like this .... 
There is a story of two trader. One went long, the other went short. Who profited at the end of the day? They both did.
Morale of the story: Short or long, it depends on your strategy.
not euphoria follower
- #286,634
- Aug 17, 2011 9:31pm Aug 17, 2011 9:31pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #286,635
- Aug 17, 2011 9:32pm Aug 17, 2011 9:32pm
- Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
or like this ....
at you 
Mohan
- #286,636
- Aug 17, 2011 9:33pm Aug 17, 2011 9:33pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
safely exited with +2 pip thanks
always close your trade if you doubt about!!!!!! also if now price goes to 0.9000 you will get billions of positions in the middle
90% of traders use TA, indicators and prediction
- #286,637
- Aug 17, 2011 9:36pm Aug 17, 2011 9:36pm
- Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
i was waitin this!
always close your trade if you doubt about!!!!!! also if now price goes to 0.9000 you will get billions of positions in the middle
Mohan
- #286,638
- Aug 17, 2011 9:37pm Aug 17, 2011 9:37pm
- Joined Jul 2010 | Status: Always manage your risk & leverage | 7,339 Posts
nice image as i have safely exited otherwise i would
not euphoria follower
- #286,639
- Aug 17, 2011 9:39pm Aug 17, 2011 9:39pm
- Joined Jul 2010 | Status: Always manage your risk & leverage | 7,339 Posts
not euphoria follower
- #286,640
- Aug 17, 2011 9:40pm Aug 17, 2011 9:40pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
or like this ....
90% of traders use TA, indicators and prediction