Gbp/usd

[ForexJoe]

From OU Forex Trader Daily Report for Thursday April 2, 2009

Example for Trade Plan Regimen – Please fill out daily
Pair: GBP/USD
Entry: BUY 4802
Stop Loss: 4772
(gravy train)
Take profit 1: 1.4852 -50 pips
Take profit 2: 1.4892 – 90 pips
R/R ratio: 3 to 1 Stop is 30 pips BE+1: 1.4803
=======================================
B – Buy and S – Sell
Pair – GBP/USD
Entry – Buy @ 1.4802
Stop Loss – 1.4772
Take Profit 1 – 1.4852 (50 pips)
Take Profit 2 – 1.4892 (90 pips)
R/R ratio: always use stop loss (30 pips @ 4772) to TP2 (90 pips @ 1.4892) 3 to 1

30 pips divided by 90 pips = 3
Gravy train… Let the last lot run.

Please do this exercise with at very least currency pair that you
stalk and if possible all Potential Trade Recommendations

[KenG]

My Trade Plan Regimen
Pair: GBP/USD (at 5.03hrs on MT4 what ever time that is? or 22.03 GMT)
Entry: BUY 4493… break ST22 Hi
Stop Loss: 4463… M3-5 pips risk 30 pips
(gravy train)
Take profit 1: 1.4550 (43 pips)= Bias No
Take profit 2: 1.4605 (112 pips)= Key-2 pips,4607-2
R/R ratio: 3.7 to 1 Stop is 30 pips BE+1: 1.4494
I closed gravy train at 4695 (202 pips) due to up and coming news, not sure if this was the correct thing to do?
Should I have delayed my entry closer to London opening, went side ways for 2-3 hours?
Any comments welcome.

Ken Grohs EUR/USD, GBP/USD, USD/JAP or what ever looks ripe.

[ForexJoe]

follow thru Ken and see what happens... superb work

and the trade plan regimen is an easy way to keep track
in advance for trades each night

We shall see what Non Farm brings

ECB only lowering rates 25bps generated movement

and USD/JPY has broken 100 for first time in 5 months
tonight

Blessings,

Joe

[ForexJoe]

Any students have some suggestions or trade plans before market opens Sunday evening

Tell us what you think, what you know, and or what you can prove...

Blessings

Joe

[ForexJoe]

Please share any and all trades with rest of students

[Goshen]

Took 17 pips in the EUR/USD during tonight's webinar and ran out prematurely missing additional 51 pips but entered another GBP/USD trade when the pair re-tested the 1.4705/6 number and took profit1 @ 33 pips. The market has since retraced and I am watching for another opportunity to re-enter the market. Total pips today is +83 and -8 for a net of +75 pips in EUR; GBP & YEN. All in live account.

I am only able to take profit 1 because of the small size of my live account, but it is growing. I have just sold today, one of my stock to fund my business live account, and look forward to supernatural and exponential income from this market. I am not looking at it as a get rich quick scheme but will be slow & steady, will learn and push the button every time I am told, and I will follow instructions, as this has the potential to employ me the rest of my life. I have therefore decided today, to invest time, sweat and money (TSM@) in this market.

Thanks Joe & the team for all your help, challenge & encouragement.

George Olu
Stalking All the 4 Majors

[ForexJoe]

Here are correct numbers for Monday Report on

Pair: GBP/USD for Monday May 4, 2009

Current Price: 1.5014

Breakout channel 1.5114 to 1.4967
Current wide channel 1.5068 to 1.4967
Compressed channel 1.5068 to 1.4967

Trading Range:

S/R Numbers: 1.5175/1.5114/1.5100/1.5068/1.5045/1.4911/1.4854/

Dominant Trend:

Potential Trade
Recommendations Buy Break of 1.5040 and clear 1.5070
Buy Break of 1.5075 and clear 1.5100
If Pair reverses near 1.5045/68 then sell Break of 1.4997 and clear 1.4967

[Ricky Tse]

Hi,

Using Joe's trade alert, here are my plans for GBP/USD for May 5:

Plan A: Buy Break of 1.5040 and clear 1.5070

Currency Pair: GBP/USD
Entry: 1.5040 Buy
SL: 1.5010 30 pips 1.5017 Key
T1: 1.5070 30 pips 1.5068 SL Hi
T2: 1.5109 69 pips 1.5111 Key
BE+1: 1.5041
R/R ratio: 2.3 to 1
(gravy train) (monthly goal)

Plan B: Buy Break of 1.5075 and clear 1.5100

Currency Pair: GBP/USD
Entry: 1.5075 Buy
SL: 1.5040 35 pips 1.5045 Bias
T1: 1.5110 35 pips 1.5111 Key
T2: 1.5145 70 pips 1.5143 R2
BE+1: 1.5076
R/R ratio: 2 to 1
(gravy train) (monthly goal)

Plan C: If Pair reverses near 1.5045/68 then sell Break of 1.4997 and clear 1.4967

Currency Pair: GBP/USD
Entry: 1.4997 Sell
SL: 1.5025 28 pips 1.5021 SMHi
T1: 1.4967 30 pips 1.4967 Bias
T2: 1.4941 56 pips 1.4956 PP; 1.4928 ST CTR
BE+1: 1.4996
R/R ratio: 2 to 1
(gravy train) (monthly goal)

Thanks,
Ricky - E, P, S, Y

[Ricky Tse]

I have attached the price action of GBP/USD on May 05, 2009.

[Ricky Tse]

Here are my trade plans for GBP/USD based on Joe's potential trade recommendations. Please comment.


Plan A: Buy Break of 1.5040 and clear 1.5070
Currency Pair: GBP/USD
Entry: 1.5040 Buy
SL: 1.5010 30 pips -- 7 pips below 1.5017 Key
T1: 1.5070 30 pips -- 3 pips above 1.5067 PP
T2: 1.5130 90 pips -- 31 pips below 1.5161 ST21 Hi
BE+1: 1.5041
R/R ratio: 3 to 1
(gravy train) (monthly goal)


Plan B: Buy Break of 1.5075 and clear 1.5100
Currency Pair: GBP/USD
Entry: 1.5075 Buy
SL: 1.5040 35 pips -- 1.5045 Bias
T1: 1.5110 35 pips -- 1.5111 Key
T2: 1.5145 70 pips -- 15 pips below 1.5160 Compressed Channel Top
BE+1: 1.5076
R/R ratio: 2 to 1
(gravy train) (monthly goal)

Thanks,
Ricky - E, P, S, Y

[Ricky Tse]

Here are my trade plans for GBP/USD based on Joe's trade alert. Please comment. :-)

Plan A: Buy Break of 1.5175 and clear 1.5220

Currency Pair: GBP/USD
Entry: 1.5175 Buy 1.5175 Bias
SL: 1.5145 30 pips -- 4 pips below 1.5149 ST21 Hi
T1: 1.5210 35 pips -- 2 pips below 1.5212 M4
T2: 1.5235 60 pips -- 2 pips above 1.5235 Key
BE+1: 1.5176
R/R ratio: 2 to 1
(gravy train) (monthly goal)

Plan B: If pair crosses 1.5200 threshold to 1.5220 and reverses Sell Break 1.5175 and clear 1.5150

Currency Pair: GBP/USD
Entry: 1.5175 Sell
SL: 1.5205 30 pips -- 5 pips above 1.5200 round number
T1: 1.5150 25 pips -- 1 pip above 1.5149 ST 21 Hi
T2: 1.5115 60 pips -- 4 pips above 1.5111 Key
BE+1: 1.5174
R/R ratio: 2 to 1
(gravy train) (monthly goal)

Plan C: Sell Break of 1.5090 and clear 1.5065

Currency Pair: GBP/USD
Entry: 1.5090 Sell
SL: 1.5115 25 pips -- 4 pips above 1.5111
T1: 1.5065 25 pips -- 3 pips above 1.5062 M2
T2: 1.5040 50 pips -- 5 pips below 1.5045 Bias
BE+1: 1.5089
R/R ratio: 2 to 1
(gravy train) (monthly goal)

There may also be opportunity to play bounces between 1.5100/11 to 1.5160 ahead of GBP and EUR interest rate decision. (May 6 11:59 p.m. EST)

Thanks,
Ricky - E, P, S, Y

[sarath]

Hello

After the BOE rate decision, this is my plan for this Asia session. BOE have held the rates steady but may need to commit more than the committed funds to shore up their Economy. As the NFP is due Friday morning, it is difficult for me to see how this will unfold. I did not get a chance to read today's reports from Joe. Might revise, the TP # if required

Breakout Channel 1.5196 - 1.4751
Current Wide Channel 1.5196 - 1.4834
Compressed Channel: 1.5196 - 1.4942

Plan: A

Sell 1.4930

SL: 1.4982

TP1: 1.4901

TP2: 1.4850 (above current wide channel)

TP3: 1.4760 (above breakout channel)

Plan B:

Buy: 1.5220

SL: 1.5180

TP1: 1.5255

TP2: 1.5285

TP3: GT

**Update Friday Morning 7:30 AM ET**

None of the plans got executed. Will see how post NFP works out

sarath

E,P, Canadian, JPY Crosses

[Goshen]

I missed the sell @ 5175 if pair reaches 5200-5220 and reverses, because I was too busy monitoring all major pairs plus the Yen crosses in 2 currencies. I have therefore decided to concentrate on only the Cable and the Yen.

Plan A
Sell @ 1.4967
Stop @ 1.4997 (3 pips from the key # 1.5000)
TP1 @ 1.4937
TP2 @ 1.4914 (another key #)
GT to be trailed by 50 pips

Plan B
Buy @ 1.5121
Stop @ 1.4991 (9 pips from the key # 1.5000)
TP1 @ 1.5150
TP2 @ 1.5196 (the SML Hi)
GT to be trailed by 50 pips


George Olu
GBP/USD & USD/JPY

[Ricky Tse]

Here was my trade plan for GBP/USD on May 8 based on Joe's trade alert.

Plan A: Buy Break of 1.5121 and clear 1.5150
1 trade triggered in late afternoon
Currency Pair: GBP/USD
Entry: 1.5121 Buy 1.5175 Bias
SL: 1.5091 30 pips -- 9 pips below 1.5100
T1: 1.5154 33 pips -- 5 pips below 1.5159 R1
T2: 1.5190 69 pips -- 6 pips below SML Hi
BE+1: 1.5122
R/R ratio: 2.3 to 1
(gravy train) (monthly goal)

Plan B: Sell Break 1.4967 and clear 1.4937
Bounce right off 1.4966 and go back up - it's a loss
Currency Pair: GBP/USD
Entry: 1.4967 Sell
SL: 1.5005 38 pips -- 5 pips above 1.5000 Key
T1: 1.4937 30 pips -- 5 pips below 1.4942 ST21 Lo
T2: 1.4867 100 pips -- 9 pips above 1.4858 M1
BE+1: 1.4966
R/R ratio: 2.631578947 to 1
(gravy train) (monthly goal)

Thanks,
Ricky - E, P, S, Y

[Ricky Tse]

Here's my GBP/USD trade plan for today based on Joe's trade alerts. Please comment.

Plan A: Buy Break of 1.5270 and clear 1.5300

Currency Pair: GBP/USD
Entry: 1.5270 Buy -- 1.5270 Bias
SL: 1.5240 30 pips -- 7 pips below 1.5247 ST21 Hi
T1: 1.5300 30 pips -- 1.5300 - need to be cleared
T2: 1.5375 105 pips -- 5 pips below 1.5380 M4
BE+1: 1.5271
R/R ratio: 3.5 to 1
(gravy train) (monthly goal)

Plan B: Sell Break 1.5175 and clear 1.5147

Currency Pair: GBP/USD
Entry: 1.5175 Sell -- 1.5175 Bias
SL: 1.5205 30 pips -- 5 pips above 1.5200
T1: 1.5145 30 pips -- 2 pips below 1.5147 PP
T2: 1.5115 60 pips -- 4 pips above 1.5111 Key
BE+1: 1.5174
R/R ratio: 2 to 1
(gravy train) (monthly goal)

Plan C: Watch Bounces at 1.5327 areas

Currency Pair: GBP/USD
Entry: 1.5327 Sell -- 1.5326 Key
SL: 1.5357 30 pips -- 7 pips above 1.5350
T1: 1.5297 30 pips -- 1 to 1 R/R
T2: 1.5267 60 pips -- 3 pips below 1.5270 Bias
BE+1: 1.5326
R/R ratio: 2 to 1
(gravy train) (monthly goal)

Plan D: Watch Bounces at 1.5106 areas

Currency Pair: GBP/USD
Entry: 1.5106 Buy -- 1.5106 ST CTR
SL: 1.5086 20 pips -- 12 pips below 1.5098 M2; 9 pips below 1.5095 MT CTR
T1: 1.5146 40 pips -- 1 pip below 1.5147 PP
T2: 1.5170 64 pips -- 5 pips below 1.5175 Bias
BE+1: 1.5107
R/R ratio: 3.2 to 1
(gravy train) (monthly goal)

Thanks,
Ricky - E, P, S, Y

Update: Plan A + C - not triggered
Plan B: 3 potential entries; 1st - lost; 2nd - win; 3rd - sell when bounce off around 1.5175 after London close
Plan D: Watch Bounces at 1.5106 areas - 1 win around London close when bounces is expected to happen in a ranging market

[Ricky Tse]

Based on Joe's alert, here's my trade plan for GBP/USD on May 12.

Plan A: Sell Break of 1.5090 and clear 1.5060

Currency Pair: GBP/USD
Entry: 1.5090 Sell -- 1 pip below 1.5091 M2
SL: 1.5115 25 pips -- 4 pips above 1.5111 Key
T1: 1.5060 30 pips -- 7 pips below 1.5067 ST21 Lo
T2: 1.5040 50 pips -- 1 pip above 1.5039 S1
BE+1: 1.5089
R/R ratio: 2 to 1

Please comment.

Thanks,
Ricky - E, P, S, Y

[dcantin]

Pair GBP/USD
Entry sell 1.5085
SL 1.6035
TP1 1.5060
TP2 1.5035
GT
R:R 1:1
Stop loss is 50 pips BE +1 =1.5084

I stalk the Eur/Usd.
I posted this trade plan to share the mistake I made. I placed this trade as a pending order before going to bed based on Joe's trade plan and I put my SL at 1.6035 instead of 1.5035 and ended up with a loss of 555 pips. Lesson Learned always recheck my numbers. Thank God this is in a demo account.
Denise EUR/USD

[dcantin]

Well I wish I had put in another trade plan for GBP/USD today before the news and drop in the pound.

Here is my new plan based on Joe's numbers.
I am very new so any comments would be appreciated.

Current price 1.5143
Buy a break of 1.5170 (M2) and clear ST CTR of 1.5213
Entry 1.5175
SL 1.5125
TP1 1.5200 (+25)
TP2 1.5225 (+50)
gt BE +1 (1.5176)

Sell a break of the ST21 at 1.5073 and clear bias 1.5045

Entry 1.5070
SL 1.5120
TP1 1.5045
TP2 1.5020
GT BE+1 1.5069

I stalk the EUR/USD
Thanks
Denise

[Ricky Tse]

I took a short break for the last few days from trading but here's what I have for GBP/USD based on Joe's recommendation for May 15.

Plan A: Buy Break of 1.5270 and clear 1.5300

Currency Pair: GBP/USD
Entry: 1.5270 Buy -- 1.5270 Bias
SL: 1.5240 30 pips -- 6 pips below 1.5246 ST21 Hi
T1: 1.5300 30 pips -- 1.5300 psychological round number
T2: 1.5350 80 pips -- 2 pips below 1.5352 SML Hi
BE+1: 1.5271
R/R ratio: 2.666666667 to 1
(gravy train) (monthly goal)

Plan B: Sell Break of 1.5195 and clear 1.5155

Currency Pair: GBP/USD
Entry: 1.5195 Sell --
SL: 1.5225 30 pips --
T1: 1.5160 35 pips -- 5 pips above 1.5155 - a number to be cleared
T2: 1.5135 60 pips -- 1 pip below 1.5136 M2
BE+1: 1.5194
R/R ratio: 2 to 1
(gravy train) (monthly goal)

Plan C: If pair reverses off 1.5145/30 area then Buy break of 1.5205 and clear 1.5245

Currency Pair: GBP/USD
Entry: 1.5205 Buy --
SL: 1.5175 30 pips -- 1.5175 Bias
T1: 1.5240 35 pips -- 6 pips below 1.5246 ST21 Hi
T2: 1.5270 65 pips -- 1.5270 Bias
BE+1: 1.5206
R/R ratio: 2.166666667 to 1
(gravy train) (monthly goal)

Thanks,
Ricky - E, P, S, Y

[dcantin]

Hi,
I stalk EUR/USD

My plan for GBP/USD
Current price 1.5140
Buy M2 (1.5154) and clear 1.5199 Pivot
Buy 1.5159
SL 1.5102
TP1 1.5179
TP2 1.5204
BE+1= 1.5155
Goal 200

This trade led takin TP1 and 2 and to a 176 pip gravy train that I closed on 5/18.

Sell S1 1.5110
SL 1.5160
TP1 1.5085
TP2 1.5060
GT
BE+1= 1.5109
Goal 200 (now at -747 for May)

I have only been using Joe's numbers to do these and I hope to start using Fib levels more at this point.
Denise

[dcantin]

Pair I stalk E/U
Plan for GBP/USD
Buy 1.5524
SL 1.5474
TP1 1.5549
TP2 1.5574
GT
BE+1=1.5525
R:R 1:1

Last night I was stopped all on all three.

Sell 1.5400
SL 1.5450
TP1 1.5375
TP2 1.5350
GT
BE+1=1.5399
This morning I put in another trade plan to
Buy 1.5627
SL 1.5570
TP1 1.5652
TP2 1.5702
GT
BE+1= 1.5628
R:R 1:1
Trade was triggered and hit TP1 and 2 and I have a GT on the third lot.

Thanks,
Denise

[Ricky Tse]

Denise,

Nice trades on all 4 majors!

Regards,
Ricky

[dcantin]

Thanks Ricky although I am just following Joe's trades.
How long have you been trading?

Plan
Buy 1.6044
SL 1.5994
TP1 1.6069
TP2 1.6094
GT
BE+1= 1.6045
R:R 1:1
This trade has not been triggered.

Sell 1.5890
SL 1.5940
TP1 1.5865
TP2 1.5840
GT
BE+1= 1.5889
R:R 1:1
This trade has hit TP1 and the last 2 lots have been stopped out.
We are in an M2 (1.5941) - M4 (1.6101) trade day and the current price is 1.5947 which is just 6 points above M2. Maybe the GBP/USD is going to come back in line with the EUR/USD since it seems to be lower today in a pullback and the EUR/USD seems to be stronger for the short term?

[dcantin]

I put in another pending sell order at 1.5890
SL 1.5940
TP1 1.5856
TP2 1.5840
GT
BE+1=1.5891
R:R 1:1

Joe, when can the newbies change the R:R ratio.
I love taking profit one and when the other 2 lots get stopped out it negates all the gains. I don't want to be greedy and I would like to improve the ratio.
Please let me know what you think?
Thanks
Denise
EUR/USD

[ForexJoe]

Denise,

please feel free to make adjustments in risk/reward ratio and let me

progress. awesome

Forex Joe

[Ricky Tse]

Thanks Ricky although I am just following Joe's trades.
How long have you been trading?



I will say about 2 years. I learned about the opportunity of trading spot FOREX market at the end of 2005 in a Wizetrade software presentation but I did not spend much time to trade at first. I got much more serious about it last year.

Regards,
Ricky

[dcantin]

Hi Ricky,
Are you able to make a decent living at it now so you don't have to work?
I am able to do this full time because I am disabled. I have recently had all my retirement funds stollen by a Madoff like situation and now I am working hard so I can support myself in the future. I will not count on Soc Sec or others to take care of me. I am hoping that in a year I can be generating $1,000 or $2,000 a week.
I don't want to be greedy but I only have 5 years to rebuild my retirement.
You are doing a great job.
Denise

[Ricky Tse]

Hi Ricky,
Are you able to make a decent living at it now so you don't have to work?


Hi Denise,
I will say that I am in the process of getting there. One of the biggest block that I have to overcome is my attachment to money or trading with fear. I did not have that problem when I first started trading. I remembered when I first started out trading, I even told someone that I would never have problem in trading with emotion. After losing big a few times, fear and self-doubt start to show up.

Joe's mindset classes have helped a lot. I especially like the one called "Professional Sports Athletes vs. Professional Forex Trading" and it has helped me a lot.

I know Joe has set a goal of 30% a year for the class to achieve. That will equal to 0.58% a week or 0.12% a day.

Assuming you make $200/day or $1000/week and ignore compounding as your account grows:

$200/0.12% = $173,334 in the initial account balance

My goal is a big higher and I aim for 0.5% a day. (Some people will say that it is still very conservative).

$200/0.5% = $40,000 as the initial account balance

I also want to mention that if you can develop a record of making consistent 30% gain a year, lots of people will be very interested in "hiring" you to trade and manage accounts.

So focus on understanding the market and gain the skill needed to succeed. Like Joe has mentioned, once you get it, no one can take that from you and you have a career for the rest of your life. Think about George Soros and other successful traders. We are just doing it in a much smaller scale for ourselves and our families.

I also want to mention that the gravy train method is kind of like the way Warren Buffet invests for long term gain. We become long-term investors when we hold on to a profitable position so that it will grow and grow for weeks, months and sometimes even years if the condition is right. Carry trade also comes into my mind even though right now is not the condition for it. But in a few years, we will see some countries start to raise interest rate and eventually carry trade will be back. GT will definitely prepares us for that when the time comes.

Thanks,
Ricky - E, S

[dcantin]

Thanks Ricky, you have a great goal and I wish you success.
I plan to be hear for the long haul.

Denise

[dcantin]

Hi,
My trade plans for yesterday were not triggered.

I stalk the EUR/USD
Plan for GBP/USD
current price 1.6557
Buy at 1.6619
SL 1.6589 ( 30 points)
TP1 1.6649 (30 points)
TP2 1.6679 (60 points)
GT
BE+1=1.6620
R:R 2:1

Sell at 1.6529
SL 1.6559 (30)
TP1 1.6499 (30)
TP2 1.6469 (60)
GT
BE+1=1.6528
R:R 2:1

Denise

[ForexJoe]

104 pip move during class... LOL

Quick TP1 and stopped out quickly during class

Sell Break 6240 and clear 6214 – May stall first time

Pair went to 6210 and reversed and currently at 6245

In door, out door

Tp1 26 and BE+1 = 27 pips

We move on....

[dcantin]

Hi,
from Joe's daily reports
Sell 1.6235 Sl 1.6265 TP1 1.6205 TP2 1.6145 BE+1= 1.6234 R:R 3:1

This order was not triggered.

Buy 1.6360 SL 1.6330 TP1 1.6390 TP2 1.6420 BE+1=1.6361 R:R 3:1

This order hit TP1 and TP2 and the GT was stopped out at 1.6361 for
a pip gain of 91. YEAH.

7/15
Sell 1.6360 SL 1.6390 TP1 1.6330 TP2 1.6270 BE+1=1.6359 R:R 3:1

This order touched the price to sell and then reversed and stopped out.

Buy 1.6470 SL 1.6440 TP1 1.6500 TP2 1.6560 BE+1= 1.6471 R:R 3:1

This order also touched our buy price and then reversed and stopped out.

I have replaced the above orders.

Thanks
Denise Cantin
EUR/USD and GBP/USD

[dcantin]

Currency Pair GBP/USD
Entry buy 1.6405
SL 1.6375
TP1 1.6435
TP2 1.6465
GT stop is BE+1=1.6404
R:R 2:1
monthly goal 200 demo treated as live -190 demo -322

Entry sell 1.6290
SL 1.6320
TP1 1.6260
TP2 1.6230
GT stop at BE+1= 1.6289
R:R 2:1

Denise Cantin
Stalk EUR/USD, GBP/USD

[dcantin]

Currency Pair GBP/USD
Entry buy 1.6405
SL 1.6375
TP1 1.6435
TP2 1.6465
GT stop is BE+1=1.6404
R:R 2:1
monthly goal 200 demo treated as live -190 demo -322

Entry sell 1.6290
SL 1.6320
TP1 1.6260
TP2 1.6230
GT stop at BE+1= 1.6289
R:R 2:1

Denise Cantin
Stalk EUR/USD, GBP/USD

Hi,
This buy plan has triggered and hit TP1 and 2 and the gravy train is running.
Denise Cantin
EUR/USD, GBP/USD

[ForexJoe]

Thanks Denise for your effort and I look forward to working with you
during the journey.

Please stay the course as your posts help masses.

Forex Joe

[dcantin]

Hi Joe,
We appreciate your acknowlegement.

I hope more of the masses will join us.

Denise Cantin
EUR/USD, GPB/USD

[andrewfinlayson]

Hi Everyone
I.ve just joined 1 week ago and I am blown away by all this, I havew been trading fx for about 6 months now and I am finding this so very helpfull that I am up 85 pips on the gbp/usd so far this week and am as we speak in the tade that is in the PManager and looking good so far.
With proper money managment and a clear outlook I am excited for what the future holds for the few people that continue to learn new stratergies.
Thanks Joe this is great.
Andrew Finlayson
Broken Hill
Australia