Normeck, I sudah kena itu GJ one more time... -27pips closed.... Itu ranging punya pasal... Make me buy at the top...Haha... Its ok... slowly recover it.

thought u say wan stop lookin at gj... i didnt trade GJ coz its really difficult to see its chart pattern... there r many pairs dat we can choose wat.. 

what is this? we can manage 100k usd?

need to pay $? need to give u our system?

if wanna trade GJ u must look at higher time frame....and be ready to have atleast 60-100 negative pips if u enter at wrong timing

i find GJ easy to trade coz once i know i enter wrong direction i can always close at breakeven, ofcourse not when GJ big burst out of a sudden

during normal move

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Added on August 4, 2008, 11:09 pm

u can find a pair that move together with GJ and see that pair pattern if u cannot see it in GJ

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@dr2k3
It wont happen all the time, whereby GU is the most special pair among the all pair. During news time, a good USD news lead GJ EJ, those cross currency bull.... But only GU will bear and goes the opposite way.

So this is one of the example. Although gbp have effect, but the usd also will have efffect on the GU pair whereby will lead GU and GJ to a different path.

I wish I'm not wrong...

so it will go up?

u are correct my friend, the fundamental of USA can make these 2 pairs go opposite direction. for example, Big green USD news, USD will go up hence GU go down. But at the same time Dow jones go up = as we know yen pairs depends highly on Stocks, hence typically GJ will go up.

I think the only way for them to go same direction all the time is the UK fundamentals.

billy, if u have the ability to detect trend...would u set a fix TP or let it run(let profit run) until u see change of trend (greedy ) <--also mean require to monitor the market all the time

u know, when u set TP the market always like to run pass ur TP and go another 50-100pips higher. it is something that U cant control. It the same when I Set SL, get hit and turn around leave me in dust. So I give up on setting anything while I on monitor.  When I am not around I just set which ever risk I can take (SL) or which ever profit I want to have (TP).