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- UncleSam123 replied Aug 20, 2009
It really doesn't matter if you know how to trade the news or not. Do you know that during news market can shoot up or down up to 100 pips or more? What if you trade using your method and end up with a margin call or big minus. How would you feel ...
Cable Update (GBPUSD)
- UncleSam123 replied Aug 20, 2009
You can't really not pay any attention to news while trading even your Holy Grail System because as always it can only hit your stop loss like it did to few guys here on forum today and then start heading your way.
Cable Update (GBPUSD)
- UncleSam123 replied Aug 20, 2009
Don't worry bro its just my expressions lol. It might go up 20-40 pips but it won't shoot. But anything can happen. I remember trading news a week ago and GBP went down 150 pips. But we still got 3 hours and 30 minutes till Unemployment news some ...
Cable Update (GBPUSD)
- UncleSam123 replied Aug 20, 2009
Friends, we got Unemployment Claims coming out at 8:30 New York Time. Previous numbers came out positive. We are most likely to see positive numbers this time again. I hope it shoots up like a rocket.
Cable Update (GBPUSD)
- UncleSam123 replied Aug 20, 2009
Made Beautiful +41 pips. This is second news I see this week went up after numbers came positive, I closed the long position and opened a sell position and it went down.
Cable Update (GBPUSD)
- UncleSam123 replied Aug 20, 2009
4H shows up trend for me. Plus news coming out at 4:30 New York Time. Previous numbers all positive and most likely positive number will come out again means it'll go up. And by looking at ATR levels our target might be around 1.6662. I might be ...
Cable Update (GBPUSD)
- UncleSam123 replied Aug 19, 2009
Hi fellas. I just downloaded this indicator but don't know anything what it shows. I remember someone posted a chart and they had this indicator there. Can anyone explain to me please?
Cable Update (GBPUSD)
- UncleSam123 replied Aug 19, 2009
Anybody trade or trader NZD/USD before? It looks like sometimes they are going same way. If gbp/usd is going down then nzd/usd is going down also.
Cable Update (GBPUSD)
- UncleSam123 replied Aug 18, 2009
I would hold on to shorts until the MPC Meeting Minutes news comes out at 4:30AM New York Time. Previous numbers came out all positive. Chances are for numbers to come out positive again. But which way it will drag the market to, this is the ...
Cable Update (GBPUSD)
- UncleSam123 replied Aug 18, 2009
I don't see cable going down. My charts show cable LONG @ 1M, 5M, 15M, 1H, 4H. Anybody see anything else? Or I might be wrong because of slow market and unclear direction of market.
Cable Update (GBPUSD)
- UncleSam123 replied Aug 18, 2009
Why would I need stop loss when I closed position with profit and just waiting for another news to come out. Little by little. I don't like to hold positiong too long until I end up with no pips at all.
Cable Update (GBPUSD)
- UncleSam123 replied Aug 18, 2009
Another German ZEW Economic Sentiment news comes out in about 23 minutes. I don't remember this news coming out before. Previous numbers came out positive. Well see what market shows us on this when positive numbers come out.
Cable Update (GBPUSD)
- UncleSam123 replied Aug 18, 2009
Who ever had sell positions before news came out u guys still holding to your shorts?
Cable Update (GBPUSD)
- UncleSam123 replied Aug 18, 2009
Closed with +30 pips now opened a sell position
Cable Update (GBPUSD)
- UncleSam123 replied Aug 18, 2009
I think there should be better price to enter for short then now.
Cable Update (GBPUSD)