Recent content by Ghosttrader

Was just looking at an interesting forex blog by a friend. Looks quite impressive. www.reohunters.blogspot.com

taken all profit from the eur/usd trade at 14087. need to go out. Profit =£22(£1/point)

Cable partial profit really having a go at it. And I have to go out at attend to something emergency!! damm! OK, will settle for 16500 on the partial profit. total profit fro cable = £57(£1/point)

finally, a not so bad signal on eur/usd. open at 14065 take profit at 14087. will decide to let partial profit run depend in price behaviour at the 14087 region

The EUR/USD is in its stubborn mode as usual. No clear signals so we wait.

Watching the cable at the moment. took 50 points at 8 am when price dipped briefly and resumed the uptrend, confirmed by my repulse second turn. Price was also trading above 200MA(10mins chart) and 40MA (1hr chart). Very good setup. Bought at 16414, took main profit (80%) at 16464 (around the...

The 34 EMA, 55 EMA combined with the 200 SMA. That is the killer MA combination. The big guns wont tell you this secret. Try this on th 15min or 10min chart and watch with amazement how prices hit these levels!! Test this guys and lets discuss it. (34 and 55 are Fibo numbers)