Cable possibilities:
Attached Image (click to enlarge)
Cable Update (GBPUSD)
- #251,362
- Sep 7, 2010 5:13am Sep 7, 2010 5:13am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
COT: The precious data ignored
- #251,363
- Sep 7, 2010 5:14am Sep 7, 2010 5:14am
- Joined Mar 2008 | Status: Taking Care Of Business | 5,587 Posts
Cable possibilities:
Hear the music before the song is over ...
- #251,364
- Sep 7, 2010 5:15am Sep 7, 2010 5:15am
- Joined Jul 2007 | Status: Trader | 5,392 Posts
ex member
- #251,365
- Sep 7, 2010 5:18am Sep 7, 2010 5:18am
- Joined Mar 2008 | Status: Taking Care Of Business | 5,587 Posts
Hear the music before the song is over ...
- #251,366
- Sep 7, 2010 5:20am Sep 7, 2010 5:20am
- | Membership Revoked | Joined Sep 2007 | 4,407 Posts
nice clean chart, PipChick...
TY
- #251,367
- Sep 7, 2010 5:25am Sep 7, 2010 5:25am
- Joined Jan 2010 | Status: No Hope for FF | 3,772 Posts
@pawpaw1000 on Twitter
- #251,368
- Sep 7, 2010 5:33am Sep 7, 2010 5:33am
- Joined Mar 2008 | Status: Taking Care Of Business | 5,587 Posts
Hear the music before the song is over ...
- #251,369
- Sep 7, 2010 5:37am Sep 7, 2010 5:37am
- Joined Jul 2007 | Status: Trader | 5,392 Posts
ex member
- #251,371
- Sep 7, 2010 5:46am Sep 7, 2010 5:46am
- Joined Mar 2008 | Status: Taking Care Of Business | 5,587 Posts
Oil falling, US and UK stocks falling. Risk off day I guess?
What's all this money flowing into - not gold or silver - those two are falling too.
JPY and USD have been reasonably strong all session so I guess it's heading there. For that reason I really can't see a case for GBP longs from here.
Can anyone shed any light on the likely money flows here please?
Hear the music before the song is over ...
- #251,372
- Sep 7, 2010 5:57am Sep 7, 2010 5:57am
- Joined Jan 2010 | Status: No Hope for FF | 3,772 Posts
Not evey trade I make is perfect. Not every trade is at the top to sell and at the bottom to buy. With this trade the entry was made from trade decisions last week, however I have a trading strategy and plan which sets out my threshold for still holding my trade. I'm not a range trader, I set my trades strategically with my tecnicals and thresholds, both SL's and TP's.
Let me set out a step by step as to why I held the trade, hopefully you can get some value.
I entered my trade last thursday at
Yes the trade went against me, why did i...
Thanks BB...
Yeah, like I said, to each his own... I can see how your plan could work and take advantage of the trend...
I prefer to trade with smaller s/l and trade 3 or 4 times per week giving me the most possible profit
Good Luck to you, we are at a very interestin point here, let's see if we can break down to your TP...
@pawpaw1000 on Twitter
- #251,373
- Sep 7, 2010 5:59am Sep 7, 2010 5:59am
- Joined Mar 2009 | Status: FX | 3,789 Posts
Thanks BB...
Yeah, like I said, to each his own... I can see how your plan could work and take advantage of the trend...
I prefer to trade with smaller s/l and trade 3 or 4 times per week giving me the most possible profit
Good Luck to you, we are at a very interestin point here, let's see if we can break down to your TP...
Veni, Vidi, Vici (We came, we saw, we conquered)
- #251,374
- Sep 7, 2010 6:00am Sep 7, 2010 6:00am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
I hear what you're saying kuroro but the rrr's attractive so all things considered it's a trade worth taking...
Hope it'll turn green soon, once it goes up i'll join you on it's way up!
COT: The precious data ignored
- #251,375
- Sep 7, 2010 6:05am Sep 7, 2010 6:05am
- Joined Mar 2009 | Status: FX | 3,789 Posts
Veni, Vidi, Vici (We came, we saw, we conquered)
- #251,377
- Sep 7, 2010 6:10am Sep 7, 2010 6:10am
- Joined Jan 2010 | Status: No Hope for FF | 3,772 Posts
@pawpaw1000 on Twitter
- #251,378
- Sep 7, 2010 6:25am Sep 7, 2010 6:25am
- Joined Jul 2007 | Status: Trader | 5,392 Posts
ex member
- #251,379
- Sep 7, 2010 6:40am Sep 7, 2010 6:40am
- Joined Mar 2008 | Status: Taking Care Of Business | 5,587 Posts
Hear the music before the song is over ...