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Cable Update (GBPUSD)

  • #287,101
  • Aug 23, 2011 8:34am Aug 23, 2011 8:34am
I start the forex class in my country, and I am planning a head to open just like an investment Bank (institutional trader), due some people want to invest their money to be traded with the share risk and profit.. that is why i want to start studying the probability to trade with a medium quantity..
  • #287,102
  • Aug 23, 2011 8:38am Aug 23, 2011 8:38am
Quoting sinchan
I start the forex class in my country, and I am planning a head to open just like an investment Bank (institutional trader), due some people want to invest their money to be traded with the share risk and profit.. that is why i want to start studying the probability to trade with a medium quantity..

i never seen it more difficult..there just isnt a long term trend, everything is ranging..except gold silver..why im not trading those i have no idea
  • #287,103
  • Aug 23, 2011 8:47am Aug 23, 2011 8:47am
Quoting nAVIN2007
i never seen it more difficult..there just isnt a long term trend, everything is ranging..except gold silver..why im not trading those i have no idea
maybe coz you think their price is too much high?!
90% of traders use TA, indicators and prediction
  • #287,104
  • Aug 23, 2011 8:50am Aug 23, 2011 8:50am
possible reversal happening
scalped few pips on longs.

now i wait a bit confirmation..
90% of traders use TA, indicators and prediction
  • #287,105
  • Aug 23, 2011 8:51am Aug 23, 2011 8:51am
Quoting nAVIN2007
i never seen it more difficult..there just isnt a long term trend, everything is ranging..except gold silver..why im not trading those i have no idea
Yes, the principle all the same we just need to have a broker or becoming a broker it self to be able to trade with a medium quantity.. I am opening what we called as : Syaria Forex Trading.. Sounds cool ee.. heheheh .. we use all of the islamic regulation in the investment rules, such as : share risk and profit, with a guarantee such as a property, etc wich is the same ammount with the money that is being invested with the client to ensure them that if there is a loss then they dont lost their money or in other word we are not a liar that want to eat their money.. in other hand if they want to get the profit 50% then they must be willing if there is a loss that they should burden also the loss as much as 50%..

We dont take the interest just use the spot transaction without taking the overnight interest...

That what i am planning a head.. But sometimes U get nerveous when u want to trade the money that is not belonging yours.. One big question..What if I loss the money, what then the client feeling, that is why we provide the property warranty
  • #287,106
  • Aug 23, 2011 9:03am Aug 23, 2011 9:03am
6511 appears to be nice for longs...
90% of traders use TA, indicators and prediction
  • #287,107
  • Aug 23, 2011 9:07am Aug 23, 2011 9:07am
Changing position already.. Up and Down, Down and Up that such a life..
  • #287,108
  • Aug 23, 2011 9:08am Aug 23, 2011 9:08am
reasons of my entry
Attached Image (click to enlarge)
Click to Enlarge Name: gum5.gif Size: 33 KB
90% of traders use TA, indicators and prediction
  • #287,109
  • Aug 23, 2011 9:09am Aug 23, 2011 9:09am
Quoting _BBKing_
reasons of my entry
actually a scalp...
if im lucky i get an 'home run'

lets see
90% of traders use TA, indicators and prediction
  • #287,110
  • Aug 23, 2011 9:13am Aug 23, 2011 9:13am
Quoting _BBKing_
actually a scalp...
if im lucky i get an 'home run'

lets see
out half +15 n stops @BE
90% of traders use TA, indicators and prediction
  • #287,111
  • Aug 23, 2011 9:15am Aug 23, 2011 9:15am
is anyone trading shorts in EUR gbp?
lolz
90% of traders use TA, indicators and prediction
  • #287,112
  • Aug 23, 2011 9:25am Aug 23, 2011 9:25am
USUALLY when this setup happens...
price goes on of another 20 pips at least for overall 30-40 since the cross.

lets see
Attached Image (click to enlarge)
Click to Enlarge Name: GUm1.gif Size: 20 KB
90% of traders use TA, indicators and prediction
  • #287,113
  • Aug 23, 2011 9:39am Aug 23, 2011 9:39am
looks like it can both crash or fly
90% of traders use TA, indicators and prediction
  • #287,114
  • Aug 23, 2011 9:46am Aug 23, 2011 9:46am
m5 shows a flag range 6524 6534
90% of traders use TA, indicators and prediction
  • #287,115
  • Aug 23, 2011 9:51am Aug 23, 2011 9:51am
1 2 3... up! c'mooon!

im joking coz my stops are safe
90% of traders use TA, indicators and prediction
  • #287,116
  • Aug 23, 2011 9:53am Aug 23, 2011 9:53am
stopped out
90% of traders use TA, indicators and prediction
  • #287,117
  • Aug 23, 2011 9:57am Aug 23, 2011 9:57am
head & shoulders on H1 chart. anyone noticed to open some shorts?

http://3.bp.blogspot.com/-cAUn5YlAWr...+gbpusd+h1.png
  • #287,118
  • Aug 23, 2011 10:03am Aug 23, 2011 10:03am
what a fast move...
90% of traders use TA, indicators and prediction
  • #287,119
  • Aug 23, 2011 10:09am Aug 23, 2011 10:09am
Quoting suirad
head & shoulders on H1 chart. anyone noticed to open some shorts?
yes noticed!
but i also notice fast moves up n down.....
90% of traders use TA, indicators and prediction
  • #287,120
  • Aug 23, 2011 10:09am Aug 23, 2011 10:09am
Wow that was scary as hell, looks like it could bounce right on my support area though.
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