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waf_1988 replied Aug 15, 2007Mmhhp..I look it differently, now I'll be picking 1.9867 near today's low, inch by inch --> pip by pip but of course, greater lots....^^ The pair has a good chance of facing a new low today, but...the way I trade is different nowadays...I will keep ...
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waf_1988 replied Aug 15, 2007What is your next TP? I saw that your TP @ 1.9930 was hit ya?! Mine @ 1.9950 (also hit)... In 4H, the pair is deeply oversold, please advise....

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waf_1988 replied Aug 15, 2007Yeah, now, I'll wait for the candle-close price. Hard to trade since I see 4H chart in deeply oversold... I figure that the retracement shall move at most to 50% fibo level @ 1.9930 levels (15m chart)... Shorties are more powerful in this market ...
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waf_1988 replied Aug 15, 2007(RTTNews) - Pound down amid BoE minutes; now at 1.9885 against dollar.For comments and feedback: contact [email protected](c) 2007 RealTimeTraders.com, Inc. All Rights Reserved Wow...

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waf_1988 replied Aug 15, 2007The pair is seen to be deeply oversold in 4H chart. It can be either strong bear or a sign of bullish divergence... Anyway, fundamentals is due out today, so... Like always, I'll stand aside and wait for further price confirmation before taking any ...
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waf_1988 replied Aug 14, 2007Told ya...Short cable short... Do the gangs still available to join?
TP reached @ 1.9950 from 1.9990...Not much, but it proves me right...
Now....Still looking for fundamental releases, I don't like being stopped out by these releases since I ...Cable Update (GBPUSD)
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waf_1988 replied Aug 14, 2007BB is going to squeeze in 15m chart, look for the pair to move in the trend direction...
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waf_1988 replied Aug 14, 2007The pair shows bearish strongly, the stochastic is showing strong bearish, MACD is still on down-side.. At this rate, short is my best choice, isn't it?! Any idea?
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waf_1988 replied Aug 14, 2007Where is the nearest strong support?! It is now on 2.0 levels again, but I believe what shown by my charts, so..It worths waiting since the signal is clear for me...^^ Still short cable short ?

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waf_1988 replied Aug 14, 2007I trade this pair technically, but also looking for "A Big Picture" about fundamental, for example we now know that US economy is better than UK, so..Look for technical signal --> Trade it savely... Anyway, the pair seems to be hard to penetrate the ...
Cable Update (GBPUSD)
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waf_1988 replied Aug 14, 2007Fundamentally, the US economy is now better than the UK. Next, technically it is on downtrend, so...Why Long if you have a save short?
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waf_1988 replied Aug 14, 2007Bearish on MACD and stochastic...Short cable short...

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waf_1988 replied Aug 14, 2007I'm trading like that, but in some cases, my stop was hit during the economic releases (tight stop) if the news signaling different way than my way... That's why I try to avoid these releases as best as I can so that when I get my position in, I'm ...
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waf_1988 replied Aug 14, 2007Looks like the number is slightly as expected (good for USD).... Market reaction due to these reports will be limited... Short cable short...
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waf_1988 replied Aug 14, 2007What do you think about fundamental releases today?! PPI and Trade balance at once, will it push the pair around?
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waf_1988 replied Aug 14, 2007Looking for the pair to confirm after the news...Technically, it's bearish...But I want to look for a better price to go short, avoiding being stopped by the news-price-action today...
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waf_1988 replied Aug 13, 2007I avoid trading today...Looking for tomorrow... I'll be better losing opportunity than losing my capital...^^ Happy trading
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