I use both the technical and the fundamental analysis together.....

i use alot of things called advance trading mechnics which is not generally not available in most books.

explaining my trading system will be too long lesson here?

i have been trasding for more than 5 years ago.....

i will be here for disscussion...

thanks

then just give a short version, no system is that complicated that it cannot be explained in a few short sentences

anyone who has your experience it is always nice to see how they look at a market.

I also do not see 1.58 yet but maybe soon

__________________
Don't Chase the market let the market come to you

Wow I nearly lost my shirt for a while. Now I wonder if GBP/USD will test
1.6100 again, its only 100pips away from 1.6207(current levels)?

Guys, what's your take on cable?

Do you think it's oversold?

Also, on thursday there is an announcment from BOE regarding IR for pound.
It might have an fake effect tomorrow. As banks generally buy/sell in anticiaption of rise. Although everyone knows that rates will not be changed still.


thanks
ams

hi The Sterling Bull,

i need your advice pls when is the right time to close?
i did buy yesterday at 1.62095 and 1.61479

thanks
sean

hi The Sterling Bull,

i need your advice pls when is the right time to close?
i did buy yesterday at 1.62095 and 1.61479

sorry SELL

thanks
sean

HI Sterling Bull


Okay So How are you So Long mate.. hahah Have you Earning some Pips Or just Forgotten All the Fun and Fomulas Of Trading huh..

Never Mind.. just Little busy Of Making Some Big Pips And Yes I did Indeed Mainly I would Talk In GBP/USD Great Pair Very Less Spread And I Had Told To "" CODY B'' So Sell that Currency.. You can See on My Previous chart Of GBP/USD I dont know Who Accept and had Deal On the Position So, But I made 109 pip In 6 Hours. yes..

And

Now If I talk About the Cable So The RSI the main Problem Of Down Side Of Cable and The UK Government Has Very Bad Performance About All There Productivity, has many type of Faults Of Sterling...

so I know It Will touch around 1.5850 level, And You can See the 2,4,8 hour daily chart The RSI just messing Aground, But The Cable just Making The Support Line that I made And Shown @ Couple Of Days Back.. So As You can See the cable Now Maked the Double Bottom What I had Show before So 1.6115 ..

NOW NEW



My Previous Chart



REGARDS VINCY BALBOA...

FOLLOW ON TO THE TRUE EAGLE EYE'S

shorted the cross at 1.6172, and closed at 1.61545, for 17,5 pip gain, thank u god, so for now im sidelined and looking to sell on a break of 1.61 but not clear yet, any opinion ?

__________________
"Where trading becomes worth my weight"

shorted the gbp/usd at 1.6080, take profit rate 1.6050, lets see

__________________
"Where trading becomes worth my weight"

yes after the drop we have had look for a correction

I see GU under 1.60 but we need a correction tonight first I think

__________________
Don't Chase the market let the market come to you

Support Resistance Levels 8 July 2009

1,6098 - 1,6148 - 1,6178 - 1,6205 - 1,6249

1,6043

1,6002 - 1,5949 - 1,5909 - 1,5878 - 1,584

support resistance

.

This is a real free fall.

Somebody forecasted it will last until mid July. Any opinions???

Good luck to u all

R

take profit rate activated at 1.6050 low candle price, 30 pips gain, thanks god...nice trade!

__________________
"Where trading becomes worth my weight"

Hi sterling bull,

Thanks for your call yesterday i made profit frm your call

can u advise me when is the right time to buy or sell ?

Thanks
senn

Hi, cephas, what is ur call for today for this pair....short at 161....shd I hold it......


thanks