How to profit from FX Markets by 
I’m removing my orders because I didn’t get filled at 1,6720.
(http://blogs.fxstreet.com/techtrading/2009/10/23/gbpusd-near-7640-fib/)
Cable has just plummeted after a worst than expected GDP data and players have taken advantage of this situation pushing sterling lower than expected in order to stop out traders long positions on the pair.
DEAR CESAR
My buy position gbp closed at 6610 (@last s/l by +70 profit),but i think eurusd have momentum for 1.5100 and jpy for correct down to 90.40(61.8% 88.80-92.00).
so I take two positions: eur buy @1.5030 t/p=1.5095
s/l=1.50
and usdjpy sell @91.70 t/p=90.50 s/l=92
REGARDS
Hi Cesar,
What’s your take on the 1h/4h chart? I’ve been using fibs from 1.6742 - 1.5707 as a backdrop, and we’re getting close to 61.8 now. I feel bearish, but strong support there. Thoughts?
Dear Cesar
what do you expect for EUR/USD GBP/USD for Next week?
best regards
Haisam
Dear Tom,
I expect a further drop on GBP until strong support at 1,6080 - 1,6100 for the coming days/weeks. First a test of 200SMA on the 4 hour chart at 1,6200.
Regards.
Dear Haisam,
I expect euro consolidation this week and a further drop on GBP.
Regards.
Dear A-Soltani,
You had bad luck on your trades,but the important thing is that you limited your losses and that is VERY IMPORTANT is this business.
Good luck next time!