My Recommendation

Pro-trader · Oct 28, 2009

hii every one , i will post my private recommendation , you just watch it for one week and try it on demo then when you will be comfortable for it you can join it on your real account , i make my recommendation in time and price , just buy and sell @ 00:00 GMT , or in price : : and this is my first one to you

sell Gbp-usd @ 1:00 GMT or 4.00 at ikon royal platform

happy trading for all

http://forexmarketanalysisandrecommendations.blogspot.com/

Pro-trader · Nov 4, 2009

4 november recommendation
http://forexmarketanalysisandrecommendations.blogspot.com/

Sell GBP / USD @ 1.6470

Stop Loss @ 1.6530

Target @ 1.6370

GammaJammer · Nov 4, 2009

Pro-trader said:
4 november recommendation

Sell GBP / USD @ 1.6470

Stop Loss @ 1.6530

Target @ 1.6370

Ok - well you appear to be in the trade now. Lets see how you get on...

Good luck.

oildaytrader · Nov 4, 2009

GammaJammer said:
Ok - well you appear to be in the trade now. Lets see how you get on...

Good luck.

Selling at previous highs or buying at previous low has poor odds .It is tested over 8 years of data.

GammaJammer · Nov 4, 2009

I think the other problem is that short term market context and fundamental information is changing more rapidly than it ever used to, which, as a result, is diminishing the impact that any sort of TA has in relation to other 'tools'. Just the way it is these days.

VingTsunKuen · Nov 4, 2009

Sell GBP / USD @ 1.6470
Stop Loss @ 1.6530
Target @ 1.6370

Risk=60 pips
Reward=100pips
That is not even 1:2 Risk/reward..
To be precise your R/R on this trade is 1/1.6666666
Good luck whit such R/R ratio!

Paul71 · Nov 4, 2009

Pro-trader said:
4 november recommendation
http://forexmarketanalysisandrecommendations.blogspot.com/

Sell GBP / USD @ 1.6470

Stop Loss @ 1.6530

Target @ 1.6370

I hope it goes ok for you, but just to add, your target would have been my intial entry. I would have hit the pullback on the 03.11 at around 1700hrs was it?

oildaytrader · Nov 4, 2009

My entry is

Lord Flasheart · Nov 4, 2009

not the best of starts was it

forexpeters · Nov 4, 2009

wow, these are canles right ??

Pro-trader · Nov 4, 2009

Recommendation was

:: From here i see that the market will GO Down
So ::

Sell Cable @ 1.6520
Stop loss @ 1.6620
Target@ 1.6420

R/R
:idea::idea:

oildaytrader · Nov 4, 2009

Pro-trader said:
Recommendation was :: From here i see that the market will GO Down
So ::

Sell Cable @ 1.6520
Stop loss @ 1.6620
Target@ 1.6420

R/R
:idea::idea:

Whatever you are on is good

salvadorveiga · Nov 4, 2009

VingTsunKuen said:
Risk=60 pips
Reward=100pips
That is not even 1:2 Risk/reward..
To be precise your R/R on this trade is 1/1.6666666
Good luck whit such R/R ratio!

why so? he only need to be right, 38+% of the time...

Black Swan · Nov 4, 2009

Paul71 said:
I hope it goes ok for you, but just to add, your target would have been my intial entry. I would have hit the pullback on the 03.11 at around 1700hrs was it?

my long was 1 pm yesterday...still in the trade....

montmorencyt2w · Nov 4, 2009

Black Swan said:
my long was 1 pm yesterday...still in the trade....

Nice trade Black Swan.

Black Swan · Nov 5, 2009

montmorencyt2w said:
Nice trade Black Swan.

Swingin...well maybe not a total purist swinging strat (on 1-2 hour looking for/at half hour indicators/indications; for excuses not to enter

). Went short at 9pm...gonna stay with it to see what decision already made yesterday is revelead re Q.E. Wouldn't normally do it but today is a one off, were GBP is concerned...

Black Swan · Nov 5, 2009

Black Swan said:
Swingin...well maybe not a total purist swinging strat (on 1-2 hour looking for/at half hour indicators/indications; for excuses not to enter). Went short at 9pm...gonna stay with it to see what decision already made yesterday is revelead re Q.E. Wouldn't normally do it but today is a one off, were GBP is concerned...

and now approaching breaking my own rules in order to stay in the trade due to this fooking Q.E. bollox...

GammaJammer · Nov 5, 2009

Well at least you are aware of the important risk event of the day. I absolutely guarantee there are millions of traders out there happily sitting there thinking their undisciplined technical analysis on far too short term a chart is really relevant in this situation, risking being totally blown out of the water without giving themselves the slightest hope of an edge doing what they're doing.

Such a waste of money...

foredog · Nov 5, 2009

Who cares about BOE QE when you've got CCI or EMA

Black Swan · Nov 5, 2009

GammaJammer said:
Well at least you are aware of the important risk event of the day. I absolutely guarantee there are millions of traders out there happily sitting there thinking their undisciplined technical analysis on far too short term a chart is really relevant in this situation, risking being totally blown out of the water without giving themselves the slightest hope of an edge doing what they're doing.

Such a waste of money...

Trade has stayed within my rules... just...moved stop/locked in 25 pips profit...suspect we'll get massive (either way) twin spikes at noon.

My Recommendation

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