Today's zone = Tomorrow's opportunity!
Cable Update (GBPUSD)
- #259,401
- Oct 7, 2010 4:26am Oct 7, 2010 4:26am
- Joined Sep 2010 | Status: I'm not here... or am I? | 4,000 Posts
- #259,402
- Oct 7, 2010 4:27am Oct 7, 2010 4:27am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
i got 1.6250
i thought i best hedge my profit as cant play with 1.6 especially with the bearish diverence
- #259,405
- Oct 7, 2010 4:30am Oct 7, 2010 4:30am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
Hey what happen to your aversion to resistance?
my target was 1.6 as a standard..theres a chance it can go 1.62..but lets not get greedy..i have had a great run
1.47 to 1.6
1.5350 to 1.60
not need to push the boat out
- #259,406
- Oct 7, 2010 4:32am Oct 7, 2010 4:32am
- | Joined May 2008 | Status: Trader | 1,413 Posts
my target was 1.6 as a standard..theres a chance it can go 1.62..but lets not get greedy..i have had a great run
1.47 to 1.6
1.5350 to 1.60
not need to push the boat out
Well done nav.
- #259,407
- Oct 7, 2010 4:33am Oct 7, 2010 4:33am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
i thought i best hedge my profit as cant play with 1.6 especially with the bearish diverence
I just booked half of the position & leaving the remaining for the sky
Thank You 
- #259,410
- Oct 7, 2010 4:35am Oct 7, 2010 4:35am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
Your a happy man today then !!
Well done nav.
- #259,412
- Oct 7, 2010 4:37am Oct 7, 2010 4:37am
- | Joined Jun 2008 | Status: Divergence Seeker | 1,749 Posts
- #259,413
- Oct 7, 2010 4:38am Oct 7, 2010 4:38am
- Joined Apr 2008 | Status: Trader | 9,414 Posts
my target was 1.6 as a standard..theres a chance it can go 1.62..but lets not get greedy..i have had a great run
1.47 to 1.6
1.5350 to 1.60
not need to push the boat out
Inserted Video
As much as it seems irritating to some that there are some who are still learning the ropes by using a Demo account, everyone has too start somewhere .
I tried a Demo account for about a week before being advised to use a micro account as the Demo accounts do not run true.............. But not everyone has someone else to turn too for advice, well good advice anyways.
This is after all supposed to be a place where people can learn, interact and socialize with others who wish, want or can trade on the FOREX market.
This is of course just my...
You did the same route as me Demo > Micro
Enter Signature
- #259,416
- Oct 7, 2010 4:41am Oct 7, 2010 4:41am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
think it's a bit early to hedge it tho, this can still run up a few before that plays out. But, you can afford it, with all those longs you held all this time.
I just booked half of the position & leaving the remaining for the sky
yes yur right..i should have waited for the dailly
the plan now i hope is dailly can close above 1.6..tomorrow retrace to 1.5924 area and i will exit the short..keep the long in play..this whole hedging thing i hate..i was just thinking lock in the money..so either way i win!
0.05 long
0.05 short
the 4hr bearish diverence seems a bit much..made me do this
- #259,417
- Oct 7, 2010 4:43am Oct 7, 2010 4:43am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
- #259,419
- Oct 7, 2010 4:46am Oct 7, 2010 4:46am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Thank You
