GBP/USD trading

Discussion in 'Forex' started by nik1033, Dec 4, 2006.

  1. Sold 1.972 saw your previous post
     
    #831     Jan 24, 2008
  2. got stopped out at 9548, then the thing rockets upward, even past my target. G' damnit.

    looking on a 25min chart..did anyone get scared about that down move around 10:00 ?
     
    #832     Jan 24, 2008
  3. Now 1.975, should have held I guess
     
    #833     Jan 24, 2008
  4. nik1033

    nik1033

    cashmoney69

    seems cable will continue its up move...so do not go against trend...

    will update you with exact levels later today..

    GL
     
    #834     Jan 24, 2008
  5. looks like its getting unstable...can we expect a pullback to

    9700 ?..I'm itching to short again because I missed the up move.
     
    #835     Jan 25, 2008
  6. nik1033

    nik1033

    we can expect 100% pull back on Monday, but it can go down till 1.9750 only and will have no power enough to get 1.9700...

    you can wait for 1.9750 do not rely on 1.97

    good luck
     
    #836     Jan 25, 2008
  7. why do you choose SMA 21 and SMA 13.

    any specific reason.

    thanks
    steve

     
    #837     Jan 26, 2008
  8. I use fibs in my trading, so in some strange way, maybe using a 13 and 21 ma will help. In short, using such numbers is has a psychological comfort level for me.
     
    #838     Jan 26, 2008
  9. nik1033

    nik1033

    expecting cable at 1.9940 for the next two days...

    GL
     
    #839     Jan 29, 2008
  10. whats the trade here?..seems too jumpy.
     
    #840     Jan 31, 2008