100% AGREED I don't have any word to add. Bravooooooooooo Mr. FxLocal You go green.......

Cable Update (GBPUSD)

This is Alqaz Syed from GBP/USD thread and I sometimes do the E/U trading and I am thinking to be consistent for both currencies. According to my opinion for GBP/USD THE Best consistent (for one trend) and profitable time is 2:00 am - 5:00 am ...

EURUSD

I strongly disagree with this statement "Forex is gambling not trading" Yes I agree that For Forex Broker and whoever owned the trading software where they can change or modify according to their needs then it is 100% gambling I verified this long ...

Cable Update (GBPUSD)

You are right Allserene and that is why I said in my last quote that every person is responsible of his or action whether he or she if from any religion period..... All I was saying that never say a big word from the mouth. GOD doesn't like big ...

Cable Update (GBPUSD)

It is not necessary. Every person is responsible for his action and reaction in both places- in the world and also after the world. I am not in politics at all. The only thing I do vote for the right person and currently I am hoping that Obama will ...

Cable Update (GBPUSD)

Thanks man, really appreciated your confirmation of strong support for my PT level. Yes indeed it go down till 1.9464-buy and I had remained kept 1.9469/1.9470 as a PT for buy order for Shorts positions. That is why I like this forum - ...

Cable Update (GBPUSD)

I am doing fine. Where you from. I am very glad that I found this forum; this place where a lot of talented traders round the clock sharing their ideas, expereince and practical experience/jocks and whenever I was boring from the forum I enjoy your ...

Cable Update (GBPUSD)

By the way Salah how was your exams. I congratulate you to do multiple things in your life - study - work - trading. Bravooooo I wouldn't be like you if I would do all at the same time. I did work and study both at the same time but I never did ...

Cable Update (GBPUSD)

I agree with you and more chances to issue a MPC statement singalling clear cuts in the nearest future. But I am little hesitant to put a PT level around 1.9470 area as my SL stopped out yesterday night when it was 50 pips dropped within 10 minutes ...

Cable Update (GBPUSD)

I think it is overall bearish at least 6:00 am before the news so I think for tonight Short is the Lion of the Forest

GBP/USD Updated with I-CHING Methode

I would comfort to say that the direction of this pair will 100% depend on its two fundamentals - Germany factory orders and ECB Trichet conference at 6:00 am and 7:45 am eastern time and until that time this pair will try level its best to ...

EURUSD

I agree with Navin as if CPI number would be in positive then G/U would take an upward movement from 1.9584 to at least 1.9650 because before this news the pair was at 1.9582/87 and just after the news may be 10 seconds this pair was easily sitting ...

Cable Update (GBPUSD)

Does anybody know that Halifax news ever has a determined time for tonight London Session or is it still tentative. Because I am thinking if that news will be coming lets say at 2:00 or 3:00 am Eastern time then London will have a direction of G/U ...

Cable Update (GBPUSD)

I am also still long since last night and I have 3 positions open at 1.9580, 1.9573 and 1.9591 last night. I was just wondering during London fix, this pair may go up to 1.96 as this pair was falling continuously in London Session and ranging ...

Cable Update (GBPUSD)

06:28 GBP/USD: Sub-1.9600 Sell Stops Tripped En Route to 15-Day Low London, June 3. Touted supply from "very good names" plus tripped sell stops below 1.9600 have helped depress cable to a 15-day low five pips shy of 1.9550 in early European trade, ...

Cable Update (GBPUSD)

Waooo it is sharply declined up to 1.9563, very surprising... My few SL hits and now I am waiting for London Open for a break.....

Cable Update (GBPUSD)

Hi Doris, Waiting for your analysis for tonight. I know it is not too late (9:34 pm) but when you get a chance please update your analysis for tonight session. Thanks in tons. Alqaz.

GBP/USD Updated with I-CHING Methode

One thing we need to keep in mind that Consumer Confidence Index news came out green plus PMI's expectation towards green but first of all if you are short term trader then you don't even have to wait for 4:30 am news because the real work will be ...

Cable Update (GBPUSD)

Now it is going firmly. I kept my fingers crossed and will see what happens next. We only have brown UK news within 1 hr and 10 minutes so hopefully it will go in one direction - up.....

Cable Update (GBPUSD)

PIVOT: 1.9600 Our Preference: LONG positions @ 1.961 with 1.968 & 1.9711 in sight. Alternative scenario: The downside breakout of 1.96 will open the way to 1.9575 & 1.955. Comment: The 1.96 strong level (bearish channel support, 50% retracement) is ...

Cable Update (GBPUSD)