Cable Update (GBPUSD)
- #73,203
- Jun 29, 2008 7:24pm Jun 29, 2008 7:24pm
- Joined May 2008 | Status: "One for all, and all for one" | 11,228 Posts
Just digging in the trenches like everyone else!
- #73,205
- Jun 29, 2008 7:52pm Jun 29, 2008 7:52pm
- | Membership Revoked | Joined Mar 2005 | 4,703 Posts
If I Go Broke Trying Then I Will die happy.
- #73,208
- Jun 29, 2008 8:28pm Jun 29, 2008 8:28pm
- | Joined Jun 2008 | Status: Learning Properly This Time! | 1,212 Posts
Keep It Simple Stupid
- #73,214
- Jun 30, 2008 12:24am Jun 30, 2008 12:24am
i did it to..but alot whipsaw..
still red now..
i am in green still
- #73,215
- Jun 30, 2008 12:28am Jun 30, 2008 12:28am
- Joined Apr 2008 | Status: Trader | 7,674 Posts
gbp/jpy always has whipsaw behavior because it is depands on two major pairs, and the behavior of usd/jpy has more effect on this pair and little changes of it (usd/jpy) make more swings .
i am in green still
- #73,217
- Jun 30, 2008 12:34am Jun 30, 2008 12:34am
Not so sure about UJ going down, could be a 106-108 range. 105.9 support.
i learned never predict the market (after several loses)
now I only trace the market
going in direction of market up or down is my first rule
if i see direction changed i will go out or change my position
may cable go down? short at 1.9934 t/p at 1.9800
and havent close yet..hopefully it's gonna be reversal for eurjpy...