Dislikedi am long from 6031.. waiting if the 1h candle closes above the support trendlineIgnored
http://www.forexfactory.com/showthre...49#post3321049
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Dislikedi am long from 6031.. waiting if the 1h candle closes above the support trendlineIgnored
Dislikedagree, reasonable strategy, would be careful in xmas market, silly things can happen with thin year end trade, be careful guys protect yourselves!!!
G/LIgnored
DislikedGM, we are on opposite ends again.
I'll do a GM, SHORTS in play... 1.6000 is a nice TP.
You seem to be going strong, no break for the silly season?Ignored
DislikedCertaintly is the silly season...... She's on approach to 1.6000....Ignored
Dislikedyes, cable been stuck in range for a while now, with btoh ends providing good trading opps, all main bets off until new year starts, normally jan brings dollar strength, equity weakness, 2010 will be interesting year nonetheless,
happy trading to allIgnored
DislikedYup no dramatic movements for now... range trading is the way to go, at least till the new year. Agreed, I expect cable sub 1.6000 in the new and heading towards 1.5000.Ignored
DislikedHi BB
Been studying both yours and Global Macro's opposing views over the past few days, as DT's not around to add his views to the debate, not trading either side while observing what goes on over Xmas.
How did you know this would hit 1.6000, and has it bottomed out for the day or should we expect a blow through of 1.6000 in the US session?
iIgnored
DislikedI didn't know 100% for sure that 1.6000 would hit, however its likely to stabilise at a physc level with the TREND. I don't expect 1.6000, 1.5980 to be breached badly, if its does next level down is 1.5920... max
To counter TREND trade like GM you need to understand your levels thoroughly of which he does quiet successfully.Ignored
DislikedThanks so much for replying.
Used to be quite interesting to observe you, DT, Malcomb and Global Macro posting your views on this thread before newer guys came in and took over.
I'm quite interested in 'learning' this trade rather than responding to calls, so every analysis that goes along with your posts helps newbies like me.
Thanks again.
iIgnored
Dislikedhello,
Wonder why some traders are looking for long,why not taking retracement for a sell,definitly more safe.
atheer1Ignored