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Cable Update (GBPUSD)

  • #189,781
  • Dec 29, 2009 9:57am Dec 29, 2009 9:57am
Quoting Magix
Nicely done!
And Magix..ly designed.

Dr. D.
  • #189,782
  • Dec 29, 2009 9:58am Dec 29, 2009 9:58am
we hit 1.5964
  • #189,783
  • Dec 29, 2009 9:58am Dec 29, 2009 9:58am
Quoting Baby-Trader
Your SL has been hit.

Thanks for letting me know....
Its only been hit for break even no worries at all...

Still have 40 pips in the bank lets see if she wants to hit them as well...
Let Price determine your future!
  • #189,784
  • Dec 29, 2009 9:59am Dec 29, 2009 9:59am
Want to recall this
http://www.forexfactory.com/showthre...378&page=12652
  • #189,785
  • Dec 29, 2009 10:01am Dec 29, 2009 10:01am
Quoting Geppyg
Thanks for letting me know....
Its only been hit for break even no worries at all...

Still have 40 pips in the bank lets see if she wants to hit them as well...
the rule for playing abnormal time like this. (HIT AND RUN (30-50) pip)
  • #189,786
  • Dec 29, 2009 10:05am Dec 29, 2009 10:05am
Quoting fourxtrader
And Magix..ly designed.

Dr. D.
?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #189,787
  • Dec 29, 2009 10:06am Dec 29, 2009 10:06am
Quoting Baby-Trader
the rule for playing abnormal time like this. (HIT AND RUN (30-50) pip)
I disagree matey...I have a different style of trading I swing for about 100 pips....as long as losses are not taken on average I make enough pips....

Thanks for you advice though
Let Price determine your future!
  • #189,788
  • Dec 29, 2009 10:07am Dec 29, 2009 10:07am
Quoting Baby-Trader
we hit 1.5964
Looking for it to drop to 1.593x and bounce.. finger waiting on the trigger
  • #189,789
  • Dec 29, 2009 10:10am Dec 29, 2009 10:10am
Quoting Baby-Trader
remember this.
It didn't even hesitate, just sliced right thru that area.
Just focus on the pips. The rest is insignificant.
  • #189,790
  • Dec 29, 2009 10:11am Dec 29, 2009 10:11am
Quoting sswilli99
Still holding short stoploss moved to BE +1, I dont expect to see above 1.6078 before a new low

Stop moved to 1.6025. currently +116 pips, will watch close when we hit the previous low.
  • #189,791
  • Dec 29, 2009 10:12am Dec 29, 2009 10:12am
Very nice sharp down. Now it's touching support at 5930-5940. A bounce back is expected
  • #189,792
  • Dec 29, 2009 10:12am Dec 29, 2009 10:12am
A compression chart most often tells me
when a trade is worth taking. More energy
and pip movement is generated at the point
of greatest compression, then separation,
while using other charts for directon.

Dr. D.
Attached Image
  • #189,793
  • Dec 29, 2009 10:14am Dec 29, 2009 10:14am
hahaha,
compare this http://www.forexfactory.com/showthre...21#post3330021
with the new one attached.
Attached Image (click to enlarge)
Click to Enlarge Name: ab55.gif Size: 25 KB
  • #189,794
  • Dec 29, 2009 10:15am Dec 29, 2009 10:15am
Wormboy, your SL @1.5910 has been hit.
do you still believe in longs?
  • #189,795
  • Dec 29, 2009 10:16am Dec 29, 2009 10:16am
long 1.5908, SL 1.5890..

Think this might be the end of the drop.. lol we'll see..
  • #189,796
  • Dec 29, 2009 10:16am Dec 29, 2009 10:16am
Can someone tell me at what point it will stop going down ? 1.5880 ?
  • #189,797
  • Dec 29, 2009 10:17am Dec 29, 2009 10:17am
Quoting Honored
Can someone tell me at what point it will stop going down ? 1.5880 ?
my "guess" is 1.5730
  • #189,798
  • Dec 29, 2009 10:18am Dec 29, 2009 10:18am
Wow..few days bulls action wiped out by the bears only few hours..
Patience + Discipline =
  • #189,799
  • Dec 29, 2009 10:20am Dec 29, 2009 10:20am
I have a pending Buy Order @ 1.5920. just hist when I'm writing in this thread.
  • #189,800
  • Dec 29, 2009 10:20am Dec 29, 2009 10:20am
Quoting sswilli99
my "guess" is 1.5730
I dont think that will happen today, next week perhaps..

Its been in a range for the last week or so, I dont think the break out will be this week..
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