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- 4xHero replied May 20, 2009
I understand if we post shorts from resistance levels in a trend for some 20 - 30 pips, but in a trend...why are people trying to guess what is the top of the trend? U wont lose much if it starts falling, buy on retracement...
Cable Update (GBPUSD)
- 4xHero replied May 20, 2009
hey jack I was reading the geithner speach and i had an idea pop into my head...could it be possible that this strong rise in the gbp is the banks selling there shorts to raise that 75 billion after the stress test?
Cable Update (GBPUSD)
- 4xHero replied May 20, 2009
Oh just a suggestion to all the people here(that are crying that they are losing all there money), i dont trade it...just set it up to see how it works($150 was worth the try). I have my own method of trading.
Cable Update (GBPUSD)
- 4xHero replied May 20, 2009
hey guys...im not crazy about robots...but that FapTurbo works (ive been testing it out for the past month) if you use a demo account, its on a real account that they start selling u with slippage. So for all u that have trouble trading u should try ...
Cable Update (GBPUSD)
- 4xHero replied May 20, 2009
Shorted fro 57, closed...will probably short again from 5730
Cable Update (GBPUSD)
- 4xHero replied May 20, 2009
I trade 5 min chart, pairing it with 30 min and 4hr, but ya small time frames are nerve racking...u also have to sit at the computer all the time when trading using small time frames.
Cable Update (GBPUSD)
- 4xHero replied May 20, 2009
Trend line — Interesting, cable held up the trend line on the 4 hr chart...and this top finally looks like a peak, lets see what happens...might just be a choppy day.
Cable Update (GBPUSD)
- 4xHero replied May 19, 2009
imo it has to close above that 54705 level to continue up on 4 hr chart...got 5 min...if not it will have to swing down to come up like it has done for the past 5 months.
Cable Update (GBPUSD)
- 4xHero replied May 19, 2009
Ya today my brother asked me what i thought was gonna happen, i told him 5470 was a target but i didnt think it was gonna happen today or even that fast...that was like at 8 PST
Cable Update (GBPUSD)
- 4xHero replied May 19, 2009
Have u ever played chess with a chess master?...they will beat u 100% of the time...well we are no the chess masters in forex, the banks are. They are just pumping up the price probably to knock out some stops and send it down...but at the end of ...
Cable Update (GBPUSD)
- 4xHero replied May 19, 2009
looks like i had a good plan on friday, too bad it happened on monday...lol
Cable Update (GBPUSD)
- 4xHero replied May 19, 2009
UK — Im reading all this stuff the todays numbers will show how bad uk economy is and that gu will tumble...last week when King(i think thats his name) was giving his speech, it sounded like it was bad and that even the banks dont know whats ...
Cable Update (GBPUSD)
- 4xHero replied May 19, 2009
ya, sorry it was 11/25/08...didnt look at the time too close..
Cable Update (GBPUSD)
- 4xHero replied May 19, 2009
it is the next high peak, closed green candle... when it rallied in december, gu likes to test those peak levels all the time.
Cable Update (GBPUSD)
- 4xHero replied May 19, 2009
im not a good guesser, but 5470 is where i think it will reach...just looking through some historical data...
Cable Update (GBPUSD)
- 4xHero replied May 19, 2009
Why does it matter which way cable goes...u can go long or short...is any1 planning to visit great britain and want a better exchange rate?
Cable Update (GBPUSD)