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- RChio replied Jan 13, 2010
Hey Dude, This is correct. When you open a trade you will automatically be in negative by the difference between the bid and the ask. This is how the broker makes their money. Technically speaking if you were to buy anything at the shop both the ...
Cable Update (GBPUSD)
- RChio replied Jan 13, 2010
Hey Slick, Need some of your brains. Bare with me. 1. What do you mean by no supply... how do you assess that. 2. please explain what you mean by "wide spread demand bar punching up through the 6192" 3. Can you please post a chart to explain. Much ...
Cable Update (GBPUSD)
- RChio replied Jan 13, 2010
Jassim, How do you get in contact with the large player's movements? Cheers, R
Cable Update (GBPUSD)
- RChio replied Jan 13, 2010
Yeah you're right dude... I did trade the numbers... just my entry is a little off lately Did you ever notice that when you trade multiple lots your trade entry becomes a little off... maybe its just me... But this up trend really doesn't have much ...
Cable Update (GBPUSD)
- RChio replied Jan 13, 2010
I think the excitement for the market in the past couple of hours driving the price up just wanted something or a reason why they should ring the price up again... actually its BS in my opinion...
Cable Update (GBPUSD)
- RChio replied Jan 13, 2010
Hey XTrade What makes you think that the London Market will be a sellathon? More importantly what's caused such a bold uptrend? Inputs anyone. Cheers, R
Cable Update (GBPUSD)
- RChio replied Jan 13, 2010
Hi Jassim, Can you please guide me as to where you got this info from? Cheers R
Cable Update (GBPUSD)
- RChio replied Jan 13, 2010
Hi Jassim, Sorry for my ignorance but can you explain what you mean by this hot money...
Cheers, RCable Update (GBPUSD)
- RChio replied Jan 12, 2010
Yeah mate, you're right in regards to the uptrend being strong... just showed signs of weakening now but still early stages.. Cheers, R
Cable Update (GBPUSD)
- RChio replied Jan 12, 2010
Dude, Word of advice, it doesn't always work in your favour..infact it only happens no more than 20% of the time... I've been there and tried that... got margin call once and wiped out my account and then some... now I stick to a set of money ...
Cable Update (GBPUSD)
- RChio replied Jan 12, 2010
Hit & Exceeded my Long TP...
Now going Short and entered trade at Daily R1 with TP @ 23.8% retracement of H1 & H4 Chart = 1.61503.
Cheers, RCable Update (GBPUSD)
- RChio replied Jan 12, 2010
Thanks Mate, I'll backtest that hint you just gave me.... Its always good to get the feedback of those who are more knowledgeable than myself
cheers RCable Update (GBPUSD)
- RChio replied Jan 12, 2010
Still Long — Still Long even though there are plenty of down trend on the M1... TP set at 1.61673. Doesn't makes sense in my opinion.. but assumption is that it is finally testing the Daily Pivot for the first time however all the fundamentals ...
Cable Update (GBPUSD)
- RChio replied Jan 8, 2010
Hi BT You may be right... but just to play devils advocate... knowing that the GBP news wasn't too negative so far in 2010 and that the officials have announced that the Asset Purchase Facility of 200B has not changed nor the deadline for expiry ...
Cable Update (GBPUSD)
- RChio replied Jan 8, 2010
Cheer up Kilalik
better 25 pips rather than the whole movement... see my post previous 3-4 posts.. I called shotgun on this one... sometimes there are ways to get a heads up... I'm still learning so this one is a good experience for me as ...Cable Update (GBPUSD)
- RChio replied Jan 8, 2010
Thanks RebelHeart... Sometimes common sense prevails aye... My thoughts were if I lived just a border away from an area where my town was negative employment and the other town was positive employment.. I would go the other town to work till my town ...
Cable Update (GBPUSD)
- RChio replied Jan 8, 2010
Just a quick one gents & ladies... this is not a professional advice but my thoughts are that the targets would be... Resistance @ 1.61241 Support @ 1.60622 Personally, I'm goin to bed here down under... but if I was trading I would expect these ...
Cable Update (GBPUSD)
- RChio replied Jan 8, 2010
Gents & Ladies.. Just a thought... I've never been to the US or Canada but seeing their just a border away ... You reckon that the CAD employment news earlier has some correlation to the US Employment... i.e. US NFP news will be well below expected? ...
Cable Update (GBPUSD)