For simplicity the cable almost retraced 61.8& fibo (from a high of 1.9955, 30 Jan to a low of 1.9386, 07 Feb) yesterday @ 1.9740. This positive momentum is expected to continue where 1.9664 (high 13 feb) all the way down to 1.9631 (high 12 feb) ...

Cable Update (GBPUSD)

Correct! Your guess is good as mine nAVIN2007!

Cable Update (GBPUSD)

Very well said bullrock tnx amigo!

Cable Update (GBPUSD)

Correct acidguy but M just wondering how could this chinese trader deliver the 1,069% in just a matter of 1 week it only means that everytime there are big moves or shall I say strong volatility he perfectly took advantage of that wowww:

Cable Update (GBPUSD)

Thanks a lot my friend btw that was only a mock trading that's why if you would notice I traded it aggresively unlike with my real one same position with my demo but I traded it conservatively.....

Cable Update (GBPUSD)

Hi salah k as far as demo account is concerned allow me to share w/ u my demo account w/ fxsol because they are running two weeks contest I thought I have a big chance to win but when Moe posted the current leader I am shocked because my three digit ...

Cable Update (GBPUSD)

M out of the market I square off my position @ 212.67 my new balance & equity (free margin, no pos at all) is $21,109.43 ROI=>111.09% but still way way below to 1,009% by the chinese trader huh, btw here is my new statement:

Trading Contest - Started Feb. 3

This is my account statement report as of post time!

Trading Contest - Started Feb. 3

Currently guys M up by more than 100% my equity right now as of post time is $21,308.34 and still counting short of 45 lots in gbp/jpy at the ave price of 213.43 w/ limit at 212.10 but the way it goes with the leader I dont think I can even catch up ...

Trading Contest - Started Feb. 3

"Bernanke says likely to see more write-downs by investment banks from sub- prime" causing gbp fell out of bed against the jpy but not against the $ I stick w/ what my crystal ball predicting awhile ago!

Cable Update (GBPUSD)

No one can dispute that maybe next week will favor the bears!

Cable Update (GBPUSD)

Always remember that there is a big difference between trading a demo account and trading a real account and that is none other than human nature or shall I say emotions which is the main reason why lot of traders are losing money in trading!

Cable Update (GBPUSD)

Better to change your mind bro! Hope the US data will support your sentiment let's see how it goes.....

Cable Update (GBPUSD)

Right you are Moe! Well those were the days.....tnx a lot bro!

Cable Update (GBPUSD)

Nice article Moe but let us face the truth that most of our brothers here specially a newbie in FF needs a guide in order for them to trade profitably they are in control of trading their own account and just like me each of us here has a favorite ...

Cable Update (GBPUSD)

You said so karmostaji....

Cable Update (GBPUSD)

Correct! BEAR careful! The GBP had been supported through the week by positive PPI and BOE inflation reports, which suggested there is no need for more BOE action this quarter, and this continues to be a theme behind trade. FYI

Cable Update (GBPUSD)

This is what I saw in my crystal ball the cable must breach the 1.9740 (61.8% of 1.9960-1.9390 also that is the low of Jan 25) targeting 1.9770 (Feb 05 high) all the way to 1.9790 (Feb 04 high) to challenge a major resistance at 1.9820 (Jan 31 ...

Cable Update (GBPUSD)

What a trade it was! Done and done.....

Cable Update (GBPUSD)

Whew it looks like I have a reliable crystal ball M out of the market now those of you who follow my trade call congrats bro many pips to come 'til then....

Cable Update (GBPUSD)