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- ForexRookie replied Sep 14, 2008
If you think Cable is boring you should trade GBP/JPY its gone up and down about 100 pips in the last 15 to 20 minutes. Trade with caution though!
Cable Update (GBPUSD)
- ForexRookie replied Sep 14, 2008
Hey Nav, Best of luck on your trading journey, i'll be sure to see you around on the Cable Thread and giving you any helpful advice. Shashi.
nAVINs trading trading journey
- ForexRookie replied Sep 14, 2008
I'm using MT4 as well and trading with Alpari. The platform doesn't become active until 23:00 UK Time - i thought Sydney has already started trading at 22:00?
Cable Update (GBPUSD)
- ForexRookie replied Sep 11, 2008
I guess one can wishfully dream
. We are overdue for a bounce sometime very soon, i think there is slight chance it could be on Friday with U.S Retail Sales due out later. We are also trading on DPP at the moment.Cable Update (GBPUSD)
- ForexRookie replied Sep 9, 2008
Well its about 10 minutes before Bernanke will start talking. Anybody got any ideas on what he's going to talk about?
Cable Update (GBPUSD)
- ForexRookie replied Sep 8, 2008
I must admit its not the best way of trading the news. Its pretty risky, especially if its trading live.Cable Update (GBPUSD)
- ForexRookie replied Sep 8, 2008
Slightly unsure, i agree with Micho - because the trendline was broken its struggling to go down. The next catalyst to be added in the mixing bowl is: 6:00pm UK Time - FOMC Member Fisher Speaks from Austin, TX. I expect that will be the next time we ...
Cable Update (GBPUSD)
- ForexRookie replied Sep 7, 2008
I can understand where you're coming from, the way i see it is the gap made over the weekend could have been a test for the high and has given us the opportunity to short again, if that makes sense?
Cable Update (GBPUSD)
- ForexRookie replied Sep 7, 2008
Yeah Sunday evening and early part of Monday is like the day when the price will fill in the gap made over the weekend. I expect so, just look for the London Open and News Release at 9:30am UK Time. ForexRookie
Cable Update (GBPUSD)
- ForexRookie replied Sep 7, 2008
Well in terms of Fundamentals i would be looking out for: 9:30am (UK Time) - PPI Input 6:00pm (UK Time) - FOMC Member Fisher Speaks from Austin, TX. In the mean time i'm short from 1.7828. ForexRookie
Cable Update (GBPUSD)
- ForexRookie replied Sep 7, 2008
Hey Guys, I've just been trading (demo account) for the past 30 minutes and already have got off to a good start. I'm testing out a system i made and its looking good so far. I got stopped out once and made 4 trades since i began - all shorting ...
Cable Update (GBPUSD)
- ForexRookie replied Sep 5, 2008
Yeah that's right, we're heading into one after the figures for Q3 UK GDP come out. I agree with you it has been trading in range (even on DailyFX it usually give out trading signals and i couldn't find any on it last night - not even range trades). ...
Cable Update (GBPUSD)
- ForexRookie replied Sep 5, 2008
Hey Nav, its also got me puzzled as well. But when i look at what is happening with the UK Economy, its all coming together and making sense. For example, the Bank of England have kept interest rates constant at 5% for the past 5 months. During this ...
Cable Update (GBPUSD)
- ForexRookie replied Sep 4, 2008
I concur, until you get a valid signal to short from your strategy.
Cable Update (GBPUSD)
- ForexRookie replied Aug 28, 2008
Its a bit tricky, i wouldn't want to put my money on anything yet because Europe and London haven't started their sessions yet. I would want to see the close of this candle and the one following it.
EURUSD
- ForexRookie replied Aug 28, 2008
I have considered doing that as well because i have a day job of about 3 or 4 days a week. I do my trading on MetaTrader which have a Mobile Terminal version which could be a good way to track trades. I don't think Blackberry's will let the software ...
Cable Update (GBPUSD)
- ForexRookie replied Jun 29, 2008
Friday tends to be a day where the market will slow down after the week would've been quite hectic; i.e. low/medium volatility.
4 Hour Strategy (MACD)
- ForexRookie replied Jun 25, 2008
Thanks a lot for the advice guys, i think it would be better on the safe side to close it before going away. Once again thank you for the input, it was much appreciated
.Auslanco - GBP/JPY and GBP/USD (newstrade)
- ForexRookie replied Jun 25, 2008
The things is Geppy will come down sooner or later, the thing i hate about leaving it open is the Rollover Fee. Stop Loss is set at 214.60
Auslanco - GBP/JPY and GBP/USD (newstrade)
- ForexRookie replied Jun 25, 2008
GBP/JPY — I'm going on holiday soon and i'm still holding a short from 212.55, just wondered where people think this thing is heading in the next 2 weeks. I won't have any access to the net or trading station
.Auslanco - GBP/JPY and GBP/USD (newstrade)