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- Turveyd replied Apr 22, 2008
News in 20mins people, speach so not a immediate effect, not much news is good news at the moment, so if gbp starts to turn against you, no hesitations on taking your profits or if needs cutting your losses. But the Up channel is in effect, don't ...
Cable Update (GBPUSD)
- Turveyd replied Apr 22, 2008
I shoulda gotten in the up channel earlier, that is my currently trading style, trade the channel, go 1/2 in then 1/2 more on the pull back, exit when the channel fails, back tests sweet, really easy to do. And for min losses, should net some really ...
Cable Update (GBPUSD)
- Turveyd replied Apr 22, 2008
Okay, GBP is looking topps here, nice up channel move though. Eur just broke into a down channel but still uptrending on the day here, but could drag GBP down. USDJPY just broke into a up channel and cleared 24hour resistance line, take a long ...
Cable Update (GBPUSD)
- Turveyd replied Apr 22, 2008
Jury is out on current direction, still in a weak downtrend, but wouldn't be too surprised if this changed upward. No news to 12:00gmt so back to bed for me!!!
Cable Update (GBPUSD)
- Turveyd replied Apr 21, 2008
Sorry VEC it WILL happen, it's already happening in poorer countrys which will only get worse, the richer countrys will ofcourse be the last ones to suffer. But on the plus side, it solves global warming so no point worrying about that, no oil, ...
Sweet, sweet Oil
- Turveyd replied Apr 21, 2008
Haven't got a 21year+ old mate / parent bla bla bla that will let you setup a account in there name and trade it for 2years ?? Thats what I'd do!! So aged 18 you can go to war and die, but can't trade to 21 madness.
Broker with 19+ as minimum age
- Turveyd replied Apr 21, 2008
Well recently this simple system is working great again. 6am GMT set a Buy and Sell Limit +/- 10 pips below the 0:00-06:00 high/low, easy ( to go the direction, ie price drops to lows go short ) It's working 80% of the time with gains upto 200pips ...
Cable Update (GBPUSD)
- Turveyd replied Apr 21, 2008
Sadly what you see as a bullish pin i see as a slow 40-50pips profit taking pull back after losing 200+ from the highs. But I shall flip my magic coin, Heads the coin says bullish
Tis a good chart though !!! And your go Short and Long points are ...Cable Update (GBPUSD)
- Turveyd replied Apr 21, 2008
Interestingly it does work well in 15M and better in 30M, just dropping a 24Ema ( same as my 360min ) onto my 15min charts, the little range works quite well to filter out randomness doesn't it. Thanks
And maybe just got luck or not, find out ...Cable Update (GBPUSD)
- Turveyd replied Apr 21, 2008
Salah, i'm good ( okay maybe not ), but not good enough to tell you anything other than is happening at the moment.
Cable Update (GBPUSD)
- Turveyd replied Apr 21, 2008
But the main question for today is, where is Navin ??
Cable Update (GBPUSD)
- Turveyd replied Apr 21, 2008
I suspect it'll just flatten out then chop around for the rest of the day personally Salah. The days of a recovery rally without news on days like this are sadly no more

Cable Update (GBPUSD)
- Turveyd replied Apr 21, 2008
Nice trade there
glad to see my little system is helping someone else to make money if not me
What little changes have you made ?? Ill and dog rough so just watching casually today sadly, perfect system down trend day, with multiple trades ...Cable Update (GBPUSD)
- Turveyd replied Apr 21, 2008
Euro is bullish still, pretty weak up here but trading within 50pips of all time highs, so short on the Euro is RISKY!!
Cable Update (GBPUSD)
- Turveyd replied Apr 21, 2008
Broke the 3hour, back up to test the 6hour and in a downward channel here, keep your bear suites on people.
Cable Update (GBPUSD)
- Turveyd replied Apr 21, 2008
Failed to break over the 6hour sma, back on 3hour sma as support, which way it'll go ?? find out.
Cable Update (GBPUSD)
- Turveyd replied Apr 21, 2008
They should just take over all of the credit companies and cancel everyone unsecured debt, the problem is though at 18K per household your looking at £540,000,000,000, I think thats 540Bil or 5400Bil depending on what you class a billion.
Cable Update (GBPUSD)
- Turveyd replied Apr 21, 2008
I see my coin flip got it right
forget all the research, just flip a coin, your odds are better cause it's 50/50 and chart is likely only gets it right 40% of the time sadly, yep worse than a coin flip.Cable Update (GBPUSD)
- Turveyd replied Apr 20, 2008
Okay here is my prediction :- Heads Long Tails Short It's tails, go short use a sensible stop and keep your fingers crossed.

Cable Update (GBPUSD)
- Turveyd replied Apr 19, 2008
I fell back into the trap for home runs to Navin
hence -£130 in 2 weeks
after weeks of slow but steady account growth to, so it's all your faults for filling my head with 200+ pips moves and stuff
Actually I blame my £400 Previous all time ...Cable Update (GBPUSD)