That was quick. Very quick fall Time for fib retracement?

Cable Update (GBPUSD)

Thinking to buy at 1.5160 levels, if it reaches there. That will be a counter trend trade.

Cable Update (GBPUSD)

Major trend is down. Ultimately bears will win. But the confusion is when the fib retracement will start- At what level?

Cable Update (GBPUSD)

Tough to do a counter trade of going long. My trades are profitable in shorts.

EURUSD

Yes it is a inverted hammer on daily candle and it is a bullish signal as per the candlestick terminology.

EURUSD

This is my statement made on feb 18. I was spot right. My target was 139.29. But somehow after listening to a comment from an experienced trader that we are in a bullish trend, i closed my shorts way too early for only 50 pips profit. I should have ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Looks to me a shooting star on daily candlestick..still some hours of light trading left

EURUSD

Major trend is down..so i am short..Good. But if it retraces back to 1.59 to honour fib retracement (from 1.64-1.54), then i will face a 400 pips drawdown. Market has an ability to punish long term traders who go with major trend.

Cable Update (GBPUSD)

I am short at 1.3570 since yesterday. I know long term trend is down but really lot of patience is required and a risk of drawdown which is scary. Too bad...market test your patience to hell.

EURUSD

It clearly says CFDREAL. It is a real account.

Cable Update (GBPUSD)

Ordered Veg Chowmein, Veg burger and grilled cottage cheese from a local restaurant. Delivery in the next 30- 45 mins. If G/U falls, i will make money and can pay the restaurant bill

Cable Update (GBPUSD)

Great Mate. You have some impressive gains trading real account, real money. If you continue with good performance, you are all set to become a millionaire in the months and years ahead.

Cable Update (GBPUSD)

If US new home sales figure is solid, then US dollar should gain- move with main trend which is downward.

EURUSD

Fully agree..entry is key in counter trend trade so as to ride the 38/50/61% fib retracement momentum.

Cable Update (GBPUSD)

Booked profits on a/j and a/u shorts- 100 + pips. I know its early when i see from a weekly perspective but i have e/u and g/u shorts running.

AUD/USD

Agree..Longs should book profits at regular levels. They are sitting on a bomb waiting to explode to downside. Timing makes or breaks winners.

EURUSD

No. I am short. I will not take a counter trend trade. Ultimately trend will save me once it starts its eventual ride down sooner or later.

Cable Update (GBPUSD)

Selling starts. Live from London. Europe traders are in the office.

EURUSD

Selling starts London selling starts. No support till 1.52. Enjoy the ride.

Cable Update (GBPUSD)

Superb ambition

Double account every month?