GBP

"Well if your "system" is that good you won't need any investors in the long run. ;)

Just show your track record (at least one year). I doubt you will find any clients with some weeks of trading. ;)"


Yes, I agree with you, but this system is not based on some trendlines or the usual inconsistent nonsense; this system is totally based on price and market cycles turning points, that is why I use a Stop Loss of only 10, yes TEN pips. How many systems do you know give a return of more than 5 to 1 R:R??

Because of my background I want precision, and certainty, and nothing that I've come across gives that. And this system does whether it is crude oil, gold, silver, or forex.

And yes in the longterm I do not need anyone, but I want to move to south of france as soon as possible as the weather is rubbish in London, and not in couple of years.

with best wishes

Hi.
I discovered a system which yields over 100 pips in few hours in the forex market, or any other futures available on MT4 platform. However, I would like investors to maximise returns. Would you be interested or know of anyone else who might be?
Thank you in anticipation.

hawadlem@mac.com


just pulled another 50 pips from cable, went short from 4873 to 4817

The GBP USD confirmed Wednesdays closing price reversal top but quickly turned higher as traders reacted to mixed news about the U.K. job situation and the bullish news from Spain.

Although momentum was strong early in the session, it tapered off as the session continued with the Sterling finding resistance at a 50% price level at 1.4810. The close over this level is friendly and it indicates a potential drive to the next resistance level at 1.4947. Thursdays trading action suggests that with the main trend now up on the daily chart, investors will be looking to buy dips.

The USD JPY lost ground on Thursday as traders reacted negatively to the increase in U.S. Weekly Jobless Claims. Investors read this as a sign that the U.S. economy was still weak, driving funds into the lower-yielding Japanese Yen. Later in the morning, the Japanese Yen received an additional boost after the Philadelphia Fed reported a drop in regional manufacturing and the Conference Board said it expects lower growth for the rest of the year. Traders flocked to the Yen for safety as the bearish reports were a strong indication that the Fed will keep interest rates low until at least the first quarter of 2011.

dj

cheers, will watch it 2mrw

Guys

I'm trying to figure out the levels on the gbp/usd. and can't make out if its in an uptrend or downtrend - any ideas