I want to tell you and my other brothers that I have learned for the first time how to trade with some plan, thanks to all of you. I have lost previously, but since last week I have been doing well. Today I am up 200 pips. And this is all from your ...

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Sham did u see the video? Is it helpful. Ahmad

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I have shorted the pound at 2.071 2 times for a nice gain. I have kept one open with a 60 pip TS. Indications seem to point for a Bearish end of the year.

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Thanks for info. I had a TS on US/Jap and it took me out with 20 pips up, but I could have made 45 pips without TS. TS was at 10, I have to experience this phenom. As far as Cable, what is next resistance? Is it 851 or 795?

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What is your position on Cable since it broke last Fib? Target? SL?

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How do you know what # to choose for TS. I am little confused, TS 10, 15 ,30 etc.

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I looked at that, but then again if u refer to 4hr chart, totally different picture. I guess u need a lot of money just working with bigger time spans to ride the waves.

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Question Sham. You said ur target is 2.050. Drop stop at fib support, when do you open order to sell for your target?

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housing slump is probably a huge problem. Talk from OPEC to change from USD to a basket or EURO currency. Just too many things. DOW Jones etc..

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This is acrazzzy day.

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Inshallah, I wish to travel to Malasia oneday. Hope to meet everyone.

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Euro hit new high

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True with GBP, it is a bit more volatile with room to go up. Euro is almost to the top, less dangerous to short.

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euro coming down a bit.

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Caught euro and bbp on way up. Looking to short euro as it is neaer high. What goes up must come down.

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Thank u going to bed also. I made pips shorting, no luck on the longs. I shorted again set my limits. Inshalla i will have a suprise (Good) when I check later. Ahmad

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I don't know if my Fib is drawn correctly, but if u look at 4hr chart and daily chart, the trend is downward. I used that trend kline that an earlier member kindly posted. I see that the resistance and support is wedged between the fib and that ...

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I found a cheat sheet yesterday to help me learn about the sigfigance of candle formations. I look at it during the lulls. I hope it uploads.

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I learned alot from reading ur posts. I just want to contribute.

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I rode the wave two times on the way down using 5 min chart. Refering back and forth between time periods to confirm. Missed the up waves.There is still a lot of resistance, if u look at weekly and dailys. Just learning.

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