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- Cowboy11 replied Feb 4, 2010
Rigtt05 saved me from huge loses. Thanks a lot. It's Not WHAT You Think, it's what on the charts. Close all the long related to J with or without profit immediately after sensing the danger. Once again, thanks Rigtt05 on teaching a valueable lesson. ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Cowboy11 replied Feb 4, 2010
I do suspect the J will be strengthen about 1 hour back, but did not expect it to be so strong and fast. It doesnt look like ending soon.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Cowboy11 replied Feb 4, 2010
Interesting now, the J strengthen so fast, so, what is the opportunity?

Auslanco - GBP/JPY and GBP/USD (newstrade)
- Cowboy11 replied Feb 4, 2010
Where you get the projector, it is not working for me. Find a good one next time. It does attempt to turn around but did not success, what to do? Wait for next opportunity, right?

Auslanco - GBP/JPY and GBP/USD (newstrade)
- Cowboy11 replied Feb 4, 2010
Not a good sight, the J is challenging GJ, AJ, EJ and CJ on new low. If it didnt break, those are strong support level, if they break, J most likely will go strong for another week.


Auslanco - GBP/JPY and GBP/USD (newstrade)
- Cowboy11 replied Feb 4, 2010
Martin, No one able to garantee what in Forex market, when I enter a market, I did not set SL, only TP, cut lost only when the pattern of the market trend is on the oppossite side. Wish that the market go in the way as I projected, so, we are able ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Cowboy11 replied Feb 4, 2010
Shad, The main direction for GJ should be long. Let's see who is right.

Auslanco - GBP/JPY and GBP/USD (newstrade)
- Cowboy11 replied Feb 4, 2010
From my observation, GJ should be turning around anytime now.

Auslanco - GBP/JPY and GBP/USD (newstrade)
- Cowboy11 replied Feb 4, 2010
I am waiting for correction (dont know when and how much) and go short again.

Cable Update (GBPUSD)
- Cowboy11 replied Feb 4, 2010
Javapips, Pocketed the second one at 1.5871. Exceeded daily target.
My base chart is D1 chart, so, 100++ should be reasonable, especially GU, the average daily swing is about 200 pips.
It does take sometime to transform myself ...Cable Update (GBPUSD)
- Cowboy11 replied Feb 4, 2010
Javapips, I am not greedy, only asking for 100++.

Cable Update (GBPUSD)
- Cowboy11 replied Feb 4, 2010
My friend, what is "Kudos"? By the way GJ is not a good pair to invest at this moment, direction not so clear, chances of bullish is bigger.

Cable Update (GBPUSD)
- Cowboy11 replied Feb 4, 2010
Javapips, On GU, I made back earlier lostes and contineous to make profit at this moment. I believe in D1 chart, it direction did not go too far wrong so far, but must have holding power.

Cable Update (GBPUSD)
- Cowboy11 replied Feb 3, 2010
There are many many indicators around, just use those which are simple and foundimental, they really do help you in projecting the direction. S and R also one type of indicator, dont say you never use.

Auslanco - GBP/JPY and GBP/USD (newstrade)
- Cowboy11 replied Feb 3, 2010
Shad, Add bollinger band to your chart, you will be able to see they are moving or not. Narrowing means not much movement, after that able to see the direction.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Cowboy11 replied Feb 3, 2010
GU direction is clear, short. GJ may be has to wait for another 24 hours.

Auslanco - GBP/JPY and GBP/USD (newstrade)
- Cowboy11 replied Feb 3, 2010
GJ direction not clear, stay sideline.


Auslanco - GBP/JPY and GBP/USD (newstrade)
- Cowboy11 replied Feb 2, 2010
GU can only up after forming double bottom, if not, the trench is still down.
Cable Update (GBPUSD)
- Cowboy11 replied Feb 1, 2010
GJ will not be a good pair to trade this week or month, both are weak.
Malaysia
- Cowboy11 replied Feb 1, 2010
Javapips, All D1, W1 and monthly charts indicated down, base on what experience said that "have to long first"??
Cable Update (GBPUSD)