60+ PIPS , $60 MINI, $600 STANDARD , MADE ON GBPUSD IN LESS THAN 6HRS

Joined : 23 Dec 2007 Posts : 235 Location : Nigeria

[10:39:01] Stalion : hi yicob

[10:40:45] Stalion : seems d gbp PMI was quite positive for the cable...from 1.9854,we could see

price breaking out to a bullish target of 1.9919

[10:41:29] yicob : good morning sir

[10:42:43] Stalion : hey, yicob...jus call me stallion..we are all traders here

[10:43:23] yicob : ok

[10:43:45] yicob : am on the G U and the price has gone back to 1.9858

[10:44:17] Stalion : so,wats up?apart from gbpusd spike...lol

[10:45:28] Stalion : yea...we r still expectin it to go up...under normal circumstances

[10:46:21] yicob : LOOKING AT THE EU

[10:48:43] yicob : SO U BELIEVE THE G U WILL STILL RETRACE?

[10:49:09] yicob : MY RSI SAYS PRICE IS STILL GOING UP

[10:49:22] yicob : BUT MY FAST EMA IS YET TO GOSS THE SLOWS

[10:53:27] Stalion : gu or eu?

[10:53:50] yicob : GU

[10:57:44] Stalion : okay....market is still on a phase of indecision after d initial spike up

[10:58:30] yicob : YAH

[11:02:15] yicob : hi tundope

11:06:19] yicob : whatsup this morning?

[11:06:28] tundope : cool

[11:08:04] tundope : so u're expectin d G/U to go up?

[11:08:31] yicob : yah

[11:08:33] yicob : and u

[11:09:25] yicob : though my emas tell me gu will soon go up

[11:09:58] tundope : well it looks to me it has got to its limit

[11:10:25] tundope : it has hit my trendline, and i'm waitin to see if it can break it

[11:10:40] yicob : so u re expecting a reversal

[11:11:33] tundope : it cld go either way but, i think there is a greate chance it will be a reversal

[11:14:23] yicob : are u on a trade now?

[11:19:04] tundope : nope

[11:51:10] Stalion : looks like almost all the dollar based currencies have reached a bottom , and

starting to go up...

[11:52:37] tundope : yeah

[11:53:53] yicob : xcept da GU

[11:56:51] Stalion : well.gu is not dollar based,yicob...i meant currency pairs like, usdchf,

usdcad, usdjpy,etc...where usd is d base currency

[11:57:52] yicob : oouch

[11:58:49] Stalion : nothing much there...dollar had been on a free fall for some time now

[11:59:17] tundope : the dollar is dyin stal

[11:59:31] tundope : looks like there's not much hope

[12:00:04] tundope : the 4pm news is d only hope left 4 the dollar today

[12:00:04] tundope : the 4pm news is d only hope left 4 the dollar today

[12:00:51] yicob : i heard same news on cnn yesterday.

[12:01:12] yicob : only God knows what will happen to the $ b4 the end of this quatre

[12:02:26] Stalion : with all the talk of US economic recession and woes, most of their data

coming out lately are kind of negative for the dollar..

[12:02:52] yicob : a real decline in their economy

[12:19:33] yicob : ???

[12:20:01] yicob : whats happening

[12:20:20] yicob : teh gu's stagnant, aint coming uip nor going down

[19:06:46] Stalion : target hit @ 1.9919, with price reaching a high of 1.9936

[19:07:43] Stalion : 60+ pips,$60 mini, $600 standard accounts.. made in less than 6 hrs

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