Tip or Junk idea : GBPUSD

Posted on May 19th, 2008 in Trading Journal

I don’t trade Cable. I found my trading performance sucks when trading GBPUSD. But I do follow the development of this currency pair. OK, to save my breath (man, I am having bad flu now..winter is coming..) , here is the chart. Does it look a SELL to you?

Trend Score: -85, we are in a downtrend

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Tags: FX, GBPUSD, ideas, Trading Journal

Ryan

This idea turned out to be um...not so hot.

Gav

Ryan: No. you are wrong. This is a junk idea instead. LOL...

the IDF kicks ass!

i listen to a guy on the radio that refers to taking a dump as "laying cable"

i just wanted to put that in ur head if ur going to keep using that term...i shouldn't be the only one who has to endure this

gl on ur next cable

Brendan

GBP/USD is hard to trade, its not trendy, and it has a lot of sharp unexpected wild movements.

Nowadays I use binary trading to trade forex. My success rate is much higher.

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