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Old 05-15-2008, 05:15 AM   #331 (permalink)
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Originally Posted by ashokshetty View Post
What about now? Can GU go back? Still sell at high price?
I will wait G/U drop down 1.9330 to long it, I'm watching now, do nothing.
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Old 05-15-2008, 05:49 AM   #332 (permalink)
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yes logic, remember one of trading priciple "not position is a position too", that's watching position i suggest
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Old 05-16-2008, 12:11 AM   #333 (permalink)
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yes logic, remember one of trading priciple "not position is a position too", that's watching position i suggest
yes, 1.9300 is not a good position to buy
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Old 05-16-2008, 04:34 PM   #334 (permalink)
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yes logic, remember one of trading priciple "not position is a position too", that's watching position i suggest
ok, thanks! I‘ll remember.

I will watching and waiting clearly singal then decide long or short at key positions after your words.
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Old 05-17-2008, 02:29 PM   #335 (permalink)
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I will wait G/U drop down 1.9330 to long it, I'm watching now, do nothing.
From my point of view the G/U is moving in H4 descending channel and is currently close to it's top side ready to drop. I would prefer to short it around 1.9600 with about 50pips SL and 300pips TP.
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Old 05-17-2008, 02:34 PM   #336 (permalink)
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To trade E/J, you should notice both E/U and U/J, they will affect the E/J trend
.

As the same, G/U ang U/J will affect the G/J trend.

You‘d better also concerned about the A/J E/J G/J to compare them.
Corelations :) It's an art to put all those pieces together possibly with the fundamentals of world economies to see the big picture. It all begins by watching more currency pairs to find relations. Personally, when trading E/J, Im watching also G/J as the main carry pair and U/J to confirm whether it's the Yen moving or just the Euro :)
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Old 05-17-2008, 03:54 PM   #337 (permalink)
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From my point of view the G/U is moving in H4 descending channel and is currently close to it's top side ready to drop. I would prefer to short it around 1.9600 with about 50pips SL and 300pips TP.
yes, i think so, it should just a retracement, then will drop down again.
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Old 05-18-2008, 01:42 PM   #338 (permalink)
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I have also joined FXOPEN , I deposit 20$ LR for Micro accounts.

I like MT4 trade software , it is jarless and quick.
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Old 05-18-2008, 01:47 PM   #339 (permalink)
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if I open a standard account then how much lots do I reach can payouts 25$ open prize?
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Old 05-18-2008, 04:43 PM   #340 (permalink)
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GBP/USD next week charting analysis

Entry positions:
Waiting G/U retrace to trend line, H4 up-fractals appears then confirm to short

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