Thread: Discuss the GBP/USD with a DailyFX Analyst

Originally Posted by abro

oh ok still the winning percentage is too much then may i know how much u make % gain per nth tell me honestly

15 to 35% average

oh thats good and also u told the truth and lets not discuss this any more

Originally Posted by abro

oh thats good and also u told the truth and lets not discuss this any more

conservative trading consistant profits not looking to get wealthy overnight but over the long haul and strict MM rules

can any 1 tell me where is gbp usd heading it does not look so good .. and cody bb forex professionals make 15 to 35 % on daily basis

Originally Posted by abro

ehh cody b can u plz tell me how much % gain do u do in every mnth ??? and these percentages are good u must atleast gain 500 % per mnth according to the stats u have given means u can earn 50 k with 10 k capital like this ... micro kings wins so many trades incompared to theiir loosing trades thats y they make so much % gain ... and u can send me ur trading report in which i can see u r tellling me truth or just copy pasting lol .. and if u do 2000 trades evry mnth then 100 days aveage daily so how do u have time to even visit this forum becoz u will b busy making trades and collecting money in ur account so this makes no sense that u win so many trades and still come here posting about it ....so personally no ofense but i dont believe this

Hey Abro. CodyB is great longterm player .But since he is busy with he own account also managed account he played scalping/hit and run.I much know about his trading and analysist..superb lately

ok all IF the GBP down to 1.4650 or 1.4580 region good for attempt BUY

p/s you guys can take note any CodyB posting here.His posting similiar my analysist.

gud luck

Originally Posted by abro

can any 1 tell me where is gbp usd heading it does not look so good .. and cody bb forex professionals make 15 to 35 % on daily basis

LOL you are funny sometimes

please show me one

Originally Posted by CodyB

LOL you are funny sometimes

please show me one

what so funny? maybe he is really confused about profit avergae.please teach him also maybe he trade by java platfrom wothout metatrader4.
so he is confused about ratio/margin level/leverage. we here must facilitator for all about words in trading style.so no more confuse.dont fighting each others let fight the market.dont allow market beat you all

Originally Posted by lovelyforex

Hey Abro. CodyB is great longterm player .But since he is busy with he own account also managed account he played scalping/hit and run.I much know about his trading and analysist..superb lately

ok all IF the GBP down to 1.4650 or 1.4580 region good for attempt BUY

p/s you guys can take note any CodyB posting here.His posting similiar my analysist.

gud luck

Watch out for the Dollar becoming save haven though. DOW turned at 8100 and it looks like it is going to resume its Bear Trend again. Some of the sceptics.... namely a guy from Casanova on Bloomberg today is speculating that it may go past its previous lows 6450 because of his studys around the 1930s. Anyway as the DOW is moving south, all the bucks are running for a Safe Haven.... need to watch out for Dollar Bull again.

I agree that as far as forecasting goes, caution is warranted. Although it may well be that a decline in job losses and a pickup in real estate may generate optimisim, there is still a big question mark overhanging the financial community.
This link is to an article on CNN Money that could well be true. To quote, "many of the financial sector's problems are only midstream".

http://money.cnn.com/2009/04/06/news...ion=2009040614

Nevertheless, if the stimulus package kicks in at the point of a natural cyclical upswing, even a temporary one, the effect would be very strong and stocks would really bounce back. At the same time, there is the implicit risk of extreme disappointment if things do not turn out well. Sentiment is fickle as the experts rightly say.

Originally Posted by Jeff55608

Watch out for the Dollar becoming save haven though. DOW turned at 8100 and it looks like it is going to resume its Bear Trend again. Some of the sceptics.... namely a guy from Casanova on Bloomberg today is speculating that it may go past its previous lows 6450 because of his studys around the 1930s. Anyway as the DOW is moving south, all the bucks are running for a Safe Haven.... need to watch out for Dollar Bull again.

Cable again failed to go past 1.5 and will retreat.. I think it will find support around 1.4270 or so and may climb back again to re-test 1.5.... Once it crosses 1.5... it is definitely heading higher. For the moment though, it is headed down.... Remember, it has had a long vertical climb and must give up some of its gains....Again, my opinion.

Originally Posted by karransk

Cable again failed to go past 1.5 and will retreat.. I think it will find support around 1.4270 or so and may climb back again to re-test 1.5.... Once it crosses 1.5... it is definitely heading higher. For the moment though, it is headed down.... Remember, it has had a long vertical climb and must give up some of its gains....Again, my opinion.

the Cable just take 'the springs. before spike up and maybe restest over 1.5000. the candle pattren still not complete for ending.just moving normally in daily/weekly chart.

ok all i think you all done nice profit today.i'm not here for next 2 days.maybe Codyb/Cmellon or an others guys can put good analysist here

best regards

lovelyforex for all

Today's price action is certainly very interesting. If we could get a close near the high price today, then that would be another hammer candle formation which may suggest further upmove tomorrow. GBP certainly gets a big boost from EUR GBP meltdown.

I personally think that GBP would correct until around April 10-15 (maybe correct until 1.445) before pushing higher above 1.5. But today's seemingly strong GBP price action could probably make the push above 1.5 earlier, although I am still skeptical of this push higher today.

[QUOTE=cmellon;265510]Today's price action is certainly very interesting. If we could get a close near the high price today, then that would be another hammer candle formation which may suggest further upmove tomorrow. GBP certainly gets a big boost from EUR GBP meltdown.

Wouldn't it be called a hanging man and not a hammer? If so it indicates a reversal doesnt it? Which should be a move down. Please correct me if i'm wrong

M$M

[QUOTE=Million$Man;265512]

Originally Posted by cmellon

Today's price action is certainly very interesting. If we could get a close near the high price today, then that would be another hammer candle formation which may suggest further upmove tomorrow. GBP certainly gets a big boost from EUR GBP meltdown.

Wouldn't it be called a hanging man and not a hammer? If so it indicates a reversal doesnt it? Which should be a move down. Please correct me if i'm wrong

M$M

Well, yes this is a tough call I guess. Hammer and hanging man are the same formation, the difference is only where it's found. Hammer is found at the bottom of downtrend, hanging man is found at the top of uptrend.

Our current position is a little strange, it's not really at the top (like 1.495), and it's not really at the bottom, it's more like somewhere in the middle. This could be called a pivot candle, which may lead to upmove in coming days.

But this is just probability. Candlestick theory requires the next day candle close to confirm it first.

Besides, we still do not know how the candle looks like by the end of day today. It could reverse down again, or maybe not.