I've just looked at this pair and noticed a very good re-tracement that started on 5th January 09. My indicators tell me that it will go all the way up to 2.81
I would appreciate is someone with more experienced than myself thinks this move may take place .
Just been looking at some charts before UK trading starts, and noticed some very odd behaviour/spikes in the GBP/USD.
Can someone please confirm if the following activity actually took place
the time was 11.54 am - 12.52 pm
NZ pacific time zone
I've posted a screen shot of the moves.
Thank you for your prompt reply with screens shots , I appreciate very much.
When i said i had 20 k ,i would never put all off that into 1 broker to start off (financial suicide) I'd be 'stop hunted' out in no time . Maybe I'm just becoming too pessimistic at the prospect of finding a...
As I said, my style of trading is scalping so it is very difficult to find a broker that doesn't mind me doing so ..I heard oanda were OK with regards to 'scalping' but if i have the 'disconnection issues' along with massive spikes that only last literally seconds then what hope have you got ...
I've attached a screen shot from 2:53 pm 1- minute chart GMT. Can anyone confirm this action taken place..I'm fairly new to the trading game with around 7 months experience on demo accounts . Going by this screen shot would you say this was 'stop hunting' ?
I feel I'm ready to open a real...