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- Groovenator replied Feb 19, 2007
You could sign-up to a news service TTN text service is only $40 per month. I learnt from other people and from just reading about the reports like CPI, PPI and Consumer Confidence. You will start to see how they come together.
GBPUSD
- Groovenator replied Feb 19, 2007
Honestly guys the way Gold is looking and the way everything is looking i think we are in for an up trend. The big move down was just an over reaction to a news release it was not technical the whole market was long on the Pound before that point. I ...
Cable Update (GBPUSD)
- Groovenator replied Feb 19, 2007
Anyway guys before I leave for a while I just wanted to say that in my opinion we will see a retrace in GBP/USD back up to the area it was stuck in all day. This is just an opinion based on a quick browse of some research material. Give me a few ...
Daily Cable Analysis
- Groovenator replied Feb 19, 2007
The move down was not technical at all it was actully caused by the MPC report released by the BoE. They spoke about Pound depreciation that was the sole cause it is not always Techs + Fundies sometimes it is just Fundies liek today.
Daily Cable Analysis
- Groovenator replied Feb 19, 2007
We could sit here all day arguing which tech indicator is pointing up and which is pointing down on the 4 hour charts the candles are looking good for a reversal. The fact that this was an over reaction to a new release also does not support a ...
Daily Cable Analysis
- Groovenator replied Feb 19, 2007
New guy just so you don't fall into the same trap as the other people do if the analysis you refer to was technical it was completely wrong. The market moved due to a pretty much unexpected fundamental report from the BoE. Technically the cable was ...
Daily Cable Analysis
- Groovenator replied Feb 19, 2007
Well of course but when somebody says inflation is out of control you pretty much know what the reaction will be.
GBPUSD
- Groovenator replied Feb 19, 2007
Hordes of people are so misinformed chasing the dream of a perfect system. Systems are just systems you can spend your life adding indicator to indicator and you will never get anywhere. Countries are run by economies it is beyond me why people do ...
GBPUSD
- Groovenator replied Feb 19, 2007
Sure man private message me your email address and I will send it through email.
GBPUSD
- Groovenator replied Feb 19, 2007
but something as simple as learning what a CPI is and how it links to other reports can help a lot with day trading. You can predict beforehand what direction a report will come out and it helps predict the trends direction.
GBPUSD
- Groovenator replied Feb 19, 2007
It was not on the FF calendar if that's what you are asking but people knew about it. Not everybody did but I got word a few hours early.
GBPUSD
- Groovenator replied Feb 19, 2007
Well no I disagree people knew this report was coming it is a matter of getting it and reading it. The report usually does not cause a move like this but if you have the dedication you could have read it and traded accordingly.
GBPUSD
- Groovenator replied Feb 19, 2007
lol! what's up with this forum the '5min strategy' post gets replies and something that is actually important doesn't? Guys stop looking for the holy grail system and concentrate on something that actually works day in day out. That is the problem ...
GBPUSD
- Groovenator replied Feb 19, 2007
What happened to the Pound? — I am not asking this question I am answering it. The moves was caused due to the MPC report released by the BoE Here is the culprit url The actual comments that caused the bearish move are "GBP depreciation will ...
GBPUSD
- Groovenator replied Jan 23, 2007
sorry I see somebody posted it already.
who knows profitable daily system
- Groovenator replied Jan 23, 2007
Try this system the four hour system in this books is quite good. It is all the same book just three links in case some don't work. url url url
who knows profitable daily system
- Groovenator replied Jan 15, 2007
I just use a parabolic with support and resistance lines. I also take note of candle formations.
Parabolic SAR (Stop and Reverse) ind
- Groovenator replied Jan 13, 2007
It works extremely well if you mix it with the use of S&R lines. I make 10 to 100 pips per day using it.
Parabolic SAR (Stop and Reverse) ind