My 4h hour close is in 2min and its gonna be an hammer...
Cable Update (GBPUSD)
- #116,421
- Jan 29, 2009 11:59pm Jan 29, 2009 11:59pm
- | Commercial User | Joined Feb 2008 | 1,440 Posts
- #116,425
- Jan 30, 2009 12:12am Jan 30, 2009 12:12am
- | Commercial User | Joined Feb 2008 | 1,440 Posts
- #116,426
- Jan 30, 2009 12:17am Jan 30, 2009 12:17am
- | Joined May 2007 | Status: Trader | 4,716 Posts
I'm short from the top, yes in deed. After we last talked, I saw the pattern for my reversal and got out and went short. I've taken some soldiers off the field, I added more at 4250, SL is green and I'm hoping to march to 4000 area, we break there, then down periscope for me. I'll keep adding on the pullbacks. 4250 is a key area, but the 4h is showing a nice flat top for this to fall.
If we should go back up and stop me out before I can manage the trade, I'll short her again from the top. I need to see some nice PA to close out of this...
Yep that's would be a nice area!!!
HOLLA
- #116,430
- Jan 30, 2009 12:42am Jan 30, 2009 12:42am
What happen with Cable right now? She still @ 4245-4247.
my long closed! with 30pips
confuse...
sure quiet confuse coz gu should must fast when act
but take it easy.. patience
it will soon up
- #116,432
- Jan 30, 2009 12:51am Jan 30, 2009 12:51am
what trading sytem do u use?
sure quiet confuse coz gu should must fast when act
but take it easy.. patience
it will soon up
but sometime intraday, My profit cracked by TS +30,
argh I am still scared when in trading
- #116,433
- Jan 30, 2009 12:54am Jan 30, 2009 12:54am
- Joined Jan 2008 | Status: Pipaholics make better lovers ;) | 1,002 Posts
Certainly looks to be prepping for a move North...
- #116,434
- Jan 30, 2009 12:57am Jan 30, 2009 12:57am
- Joined Jan 2008 | Status: Pipaholics make better lovers ;) | 1,002 Posts
- #116,436
- Jan 30, 2009 1:10am Jan 30, 2009 1:10am
- Joined Jan 2008 | Status: Pipaholics make better lovers ;) | 1,002 Posts
short from 1.4260
- #116,437
- Jan 30, 2009 1:16am Jan 30, 2009 1:16am
- | Commercial User | Joined Jul 2006 | 2,566 Posts
Its called a retracement!!
J
J
Certainly looks to be prepping for a move North...
- #116,438
- Jan 30, 2009 1:17am Jan 30, 2009 1:17am
- | Commercial User | Joined Feb 2008 | 1,440 Posts
What happen when you trace your trendline the wrong way : missing opportunity and also chance too loose precious $.
Have a look at 4h TF - connecting last 2 High would be fun for the eye, but would not respect the price action. Have a look, retest of the good trendline whit a nice pull back. I won't say i always know how to trace them the "good" way, but that exemple show me to not go whit what i want, but what it is. Sorry for the copyright
Well i expect it to retest the 1.4300 = trendline, then got back to lower one and break it. We'll se....
Another thing that i learned last days, if i can't follow it... never follow someone else trade. DO YOUR ANALYSIS.
-Talking to my self out loud.... -
Have a look at 4h TF - connecting last 2 High would be fun for the eye, but would not respect the price action. Have a look, retest of the good trendline whit a nice pull back. I won't say i always know how to trace them the "good" way, but that exemple show me to not go whit what i want, but what it is. Sorry for the copyright
Well i expect it to retest the 1.4300 = trendline, then got back to lower one and break it. We'll se....
Another thing that i learned last days, if i can't follow it... never follow someone else trade. DO YOUR ANALYSIS.
-Talking to my self out loud.... -
- #116,440
- Jan 30, 2009 1:19am Jan 30, 2009 1:19am
What happen when you trace your trendline the wrong way : missing opportunity and also chance too loose precious $.
Have a look at 4h TF - connecting last 2 High would be fun for the eye, but would not respect the price action. Have a look, retest of the good trendline whit a nice pull back. I won't say i always know how to trace them the "good" way, but that exemple show me to not go whit what i want, but what it is. Sorry for the copyright
Well i expect it to retest the 1.4300 = trendline, then got back to lower one and break it. We'll...
BREAK IT UP.....