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Old 02-27-2008, 07:34 PM
mpower mpower is offline
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Join Date: Jun 2006
Posts: 314
mpower is on a distinguished road
gbp/usd doing fine so far(+70 now, looks like everything that i traded today worked):-)
I would digress here for just a second. One thing that I agree with Mr. Oily/Shady character is the relation of one currency and its crosses to another. I always have up eur/jpy, gbp/jpy, eur/gbp, eur/usd, usd/jpy, gbp/usd. If one of the 2 pairs that i trade mainly e/j and g/j, sometimes i trade g/u and e/u like today, move in opposite directions, I check the crosses, it helps me see the light through the tunnel of this FX mumbo jumbo, sometimes it seems really confusing and it is actually not.....
Just wanted to give you heads up at what I look to when I am confused, sorry Simba for the distraction. Otherwise, I look forward to the next patterns. I am also waiting to recieve the book, like a kid in a candy store
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