5888 is the day open & 5931 is previous day hi. If it closes below the day open you might want to re evaluate your trade positions. Just a heads up.
Good luck.
Cable Update (GBPUSD)
- #258,802
- Oct 6, 2010 2:52am Oct 6, 2010 2:52am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
- #258,803
- Oct 6, 2010 2:52am Oct 6, 2010 2:52am
- | Joined May 2008 | Status: Ad Astra Per Aspera | 1,741 Posts
Nope just 'stacking the longs in' Sometimes have as many as 10 trades running.. usually 10 -25 pips apart............
as long as no H4 closed above 5940 im chasing 5675
Verily, in every difficulties there is relief
- #258,804
- Oct 6, 2010 2:56am Oct 6, 2010 2:56am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
sup brother!..i think its in a range..retesting previous breakout point
it's already out of the range methinks ...
Thank You 
- #258,805
- Oct 6, 2010 2:56am Oct 6, 2010 2:56am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
gl then
as long as no H4 closed above 5940 im chasing 5675
- #258,807
- Oct 6, 2010 2:59am Oct 6, 2010 2:59am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
how's it going bro
it's already out of the range methinks ...
area is quite significant as it produced a sell off a while back..lol..
that need to break on the 4hr i feel for sell, 4hr showing bearish indication, as new high then reversal to break the low of previous..but next 4hr need to make a lower low to validate the bar/candle..me thinks
- #258,808
- Oct 6, 2010 3:00am Oct 6, 2010 3:00am
- | Joined May 2008 | Status: Ad Astra Per Aspera | 1,741 Posts
the chances of it breaking the high is quite likely..the weekly pin hasnt done its job..1.57 is strong support..i would imagine it would retest 1.60 as it only 100 pips away now..and that where the stop losses will be placed..
Verily, in every difficulties there is relief
- #258,809
- Oct 6, 2010 3:01am Oct 6, 2010 3:01am
- Joined Jul 2007 | Status: Trader | 5,392 Posts
ex member
- #258,810
- Oct 6, 2010 3:03am Oct 6, 2010 3:03am
- Joined Apr 2008 | Status: Trader | 9,414 Posts
Morning all
Day off from my work. Time 4 cafe
Day off from my work. Time 4 cafe
- #258,812
- Oct 6, 2010 3:06am Oct 6, 2010 3:06am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Thank You
- #258,813
- Oct 6, 2010 3:08am Oct 6, 2010 3:08am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
Morning all
Day off from my work. Time 4 cafe
- #258,814
- Oct 6, 2010 3:08am Oct 6, 2010 3:08am
- Joined Jul 2010 | Status: Always manage your risk & leverage | 7,339 Posts
what you think is what i think bro ...... you got it ? still holding my long from 53xx,54xx,57xx,58xx for total 9 position. wanna close partial around 59xx and 60xx. time will tell bro ...
iqyu
iqyu
Hey IQ are you long or short? (I cant figure out your charts!)
I went long 5913, but didnt TP at T1, it was 25 pips, i thought it would keep going but so far not, and I moved my Sl to BE and got taken out! Ah well, could be worse, but i still think bullish... you?
not euphoria follower
- #258,815
- Oct 6, 2010 3:10am Oct 6, 2010 3:10am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
also the previous 2 days had both closed above the W1 pvp.
I'll need a strong D1 reversal to convince me out of buying.
..i will try a few mini's 
as i have something to play withlets see if it can bounce here
- #258,816
- Oct 6, 2010 3:16am Oct 6, 2010 3:16am
- | Joined May 2008 | Status: Trader | 1,413 Posts
same here bro..if this can go to 1.60 id have made £350- £375 on 7p a pip
lets see if it can bounce here
my brain would have sold @ 1.59 and just thought only £7 less
I have always wondered how you long term traders pick your exits !!
- #258,818
- Oct 6, 2010 3:23am Oct 6, 2010 3:23am
- Joined Apr 2008 | Status: Trader | 9,414 Posts
what you think is what i think bro ...... you got it ? still holding my long from 53xx,54xx,57xx,58xx for total 9 position. wanna close partial around 59xx and 60xx. time will tell bro ...
iqyu
Can u post a chart bro?
Interested to know ur view if u could
