GBP/USD trading

CashGroupTrade · Dec 20, 2006

It's my forecast (trend), based on my TS and IDT there I buy their forecasts, I think, that their forecasts so good, besides you can combine with your system.

nik1033 · Dec 21, 2006

Quote from late apex:

nik1033, I don't mean to pick on you, but... well, you know.

H = 1.9748
L = 1.9652 (so far).

Ever think of fading yourself?

That will do s/l for me!

I am not a GOD to win all the trades or to be always right...

Anyway appreciated for your comments!!!

nik1033 · Dec 21, 2006

Quote from CashGroupTrade:

tomorrow GBPUSD
at thursday
uptrend after 13:30 (GMT) + after 15:00 too

I also expect Cable to raise till 1.9710-20 today.. lets wait and see

nik1033 · Dec 21, 2006

Quote from CashGroupTrade:

It's my forecast (trend), based on my TS and IDT there I buy their forecasts, I think, that their forecasts so good, besides you can combine with your system.

Thanks for your proposal, but I am working on my system right now...

CashGroupTrade · Dec 21, 2006

2 nik1033
Ok, I have my system too, but it works better than lonly with market, but with Reuters signals (in IDT) I can use more potential profit.

kalzayani · Dec 21, 2006

Cable 1.9650 seems like good bottom here for 1.9808
IMO
GL

nik1033 · Dec 21, 2006

Quote from kalzayani:

Cable 1.9650 seems like good bottom here for 1.9808
IMO
GL

IT just a good to be true..

Lets wait for some fundamental push up!!!!!!!!!!!!!

dazed101 · Dec 21, 2006

what's wrong with the GBPUSD? US fundamentals are generally negative and GBP has moderate growth. Why is it going down and not up?

forexcranium · Dec 21, 2006

Is there a good broker someone could recommend me if I wanted to trade the GBP/USD pair?

Thanks

forexcranium · Dec 22, 2006

We have Index of Services coming out of UK. I know very little about this indicator. I only started seeing it being released by Bloomberg in October and November of this year. I've never seen it before that, though I think this indicator has been around, just been too small for news services to care about it and release it. In October and November of this year, this indicator came out together with the UK GDP, so I have no idea if the market cares for it or not. Generally speaking, out of all the 7 major countries, UK probably cares about their services sector more than anybody else, but the indicator is only good as long as traders care about it, and due to this indicator being so young, I really doubt that it's going to cause something...we'll see. I won't be trading this, just observing for future reference.

Any thoughts?