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micho replied Oct 27, 2008navin, 1.5668 is the 38% of the last big trend see how the price stays around it for a while... but the uptrend seems a bit strong so im not gonna enter now here... i entered from 2 hours at this price and closed it for 37 pips but now its testing ...
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micho replied Oct 27, 2008and maybe it will go to 1.5914!!!! that would be even better

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micho replied Oct 27, 2008i have one sell limit at the fibonacci 50% 1.5791
hope it gets there it will be coolCable Update (GBPUSD)
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micho replied Oct 27, 2008look for a strong trend and then draw the Fibonacci, then whenever you see the price approaching to this level... enter if u dont see a strong counter trend at that time and then you can get profit at the 23% or ride it to the 100% and the tp levels ...
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micho replied Oct 27, 2008just enter near the 38% fibonacci of one nice trend and u can get out of the trade with minimal damage even after 1 week
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micho replied Oct 27, 2008if we get past 1.5668 and 1.5702 we will go straight to 1.5790

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micho replied Oct 27, 2008it was supposed to touch 1.5580 before flying back, fuck it im stopped at BE again


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micho replied Oct 27, 2008just follow the trend, when the trend is down wait for retracement and sell when its up, wait for retracement and buy

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micho replied Oct 26, 2008maybe its time to stop dealing with the sterling in england

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micho replied Oct 26, 2008this is going down to 1.5668 90% .. and most likely continuing further down
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micho replied Oct 26, 2008naaaaaaaaaaaa 65 aint nothing... tell me bout 1000 pips and up from now on looool
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