bg figures came out slightly higher than expected. 1.0311 was 61.8 fib level on extension of 1.099-1.433. pair nearly retraced to that level so it might not reach 1.300. i am staying out for the time even though this could be good long oppurtunity

AUD/USD

Balmain Boy! xtrade has got 4600+ posts, over 10 vouch. people who vouched him were experienced traders, if he doesnt know one or two things maybe that stuff is not part of his trading style and for that new members like us should not point out at ...

AUD/USD

well spotted, i did not bother to look at this fib on weekly and this could work

AUD/USD

stayed away from this for few days and now i am long since morn so it better hit 26 april high

AUD/USD

redbeben good luck with this, i am staying away from this for the time, got my small long opened on aud/usd and my target is just under the April high.

Cable Update (GBPUSD)

it is indeed, though going to keep my short opened until it hits sl

Cable Update (GBPUSD)

GU — Breakout on either side could decide longer picture move, should find out tomorrow hopefully, till then watch out for breakout

Cable Update (GBPUSD)

AUD/USD — its possible it could retrace from here

AUD/USD

as i thought, it did hit 61.8 fib level. lets see wots next for it. definitly good level to short but this time i cannot break my other rule to open two positions at a same time.

AUD/USD

gu — good level to short1.5650, if it breaks above 1.5677 level, it will go higher and higher eventually. on the other side it needs to break below 1.5580 region. Still holding short from yesterday at current level but i want it to reach ...

Cable Update (GBPUSD)

i am glad didnt enter short at 1.03 level when it looked more rewarding to short but no doubt chart was bullish. next support resistance level could be 1.0367 which is 61.8 level but it looks bullish. going to stay on sidelines

AUD/USD

agree with you regarding R:R ratio. good point to enter short. but i hope u been adding shorts wisely as i have been through similar situation and once in while they go wrong and that once mess up my head big time. i hope u dont end up similar ...

AUD/USD

gu —

Cable Update (GBPUSD)

ok thanks a lot. yeh i remeber if it retests the broken trend line and unable to make a entry then that is only when breakout is confirmed. i was expecting it to move to .5535 that would have been definitly a perfect entry

Cable Update (GBPUSD)

but hasnt it breached .5590 kumo level? when you call that that level to be breached when it ticks below it or when the candle close below that level?

Cable Update (GBPUSD)

ummm that will be asking and doing head, but why you buying i cant see it on ichi or trenline. though i cud see its near 38.2 and 61% region on two diff fib extensions. market is falling not feeling confident buying in as i was selling yesterday ...

Cable Update (GBPUSD)

lol at facebook! kweku adoboli his name was he followed jerome from france. that means banks need to monitor twitter and facebook more than traders computers

Cable Update (GBPUSD)

agree with you but like you, traders like me need to get more smart. bank traders looks smart with dress code but they not smart as banks have to monitor them all the time. so if individual traders are successful that means they are very smart

Cable Update (GBPUSD)

completely agree with you. there are expert traders who got 70-80% successful trades over years, even those traders trade with 1-5% risk per trade and dont try systems like martingale because they know one over confident step in this market can blow ...

Cable Update (GBPUSD)

the only advise i could give you is dont trade while you are on holiday lol

Cable Update (GBPUSD)