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jack.canadia replied Feb 13, 2009Over-leveraged indeed .. I was strictly taking 1k trades and at stronger opportunities I would add a second and close it around +25 and then carry the other to the target. The largest stop I used this week was 30pips, and the largest stop I had hig ...
Cable Update (GBPUSD)
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jack.canadia replied Feb 13, 2009I'm tempted to hold my short.. Im in at 1.45796 .. I may just close around the price at 330 EST and then re-evaluate Sunday. Pretty solid week though. Took my micro from $30 to $74 with an equity of about $95 right now.
Cable Update (GBPUSD)
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jack.canadia replied Feb 13, 2009I agree with 1.4600 being the end of the run for 3 reasons .. it being a psychological level, its the 50% retracement of the current down move and there appears to be some prior resistance at this level. Daily R2 is at 1.4556, so back below here and ...
Cable Update (GBPUSD)
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jack.canadia replied Feb 13, 2009Took an early entry .. sold 1.4555, target 1.4500 (+55) .. Will add on a drop and 50% retrace
Cable Update (GBPUSD)
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jack.canadia replied Feb 13, 2009i bagged 60 on the rise .. limit hit while i was out at the bar hah .. had i held id be almost +120
Cable Update (GBPUSD)
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jack.canadia replied Feb 13, 2009Short now at the 50% and daily R2 level 1.4550/60?
Cable Update (GBPUSD)
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jack.canadia replied Feb 12, 2009im testing the long side for now .. really tight on the stop .. going to see how she reacts to 1.44 if we get there .. beyond that i want to see 1.4450/1.4500
Cable Update (GBPUSD)
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jack.canadia replied Feb 12, 2009a short term base might be in place now if we hold the break of 4320. im waiting a pullback for a long
Cable Update (GBPUSD)
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jack.canadia replied Feb 12, 2009i did too at 4313 .. just got stopped for minus 10 .. this was what i was looking for though and just about to write about!
Cable Update (GBPUSD)
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jack.canadia replied Feb 12, 2009Anyone looking to buy? Little higher high, higher low action on the hourly combined with a close above the hourly 21-ema ... anyone playing a long to target 1.4450 tonight?
Cable Update (GBPUSD)
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jack.canadia replied Feb 4, 2009I keep moving my stops above 5 minute swing highs...I am locked in profit on both now but I see it lower still
Cable Update (GBPUSD)
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jack.canadia replied Feb 4, 2009Two short positions on cable .. 1.4450 and 1.4443
Cable Update (GBPUSD)
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jack.canadia replied Feb 4, 2009Short at 1.4480/90, SL @ 4530 .. TP to be determined if 1-2-3 forms on hourly chart .. Also note an hourly divergence .. I think this is the short we were all wating from from yesterday
Cable Update (GBPUSD)
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jack.canadia replied Feb 4, 2009Dollar index is testing its low again .. Im out on this one for a total of -5 between two positions .. Most of us were right on the initial leg down .. I was +100 at one point ..Greed got the best of me! Its late in my part of the world .. good luck ...
Cable Update (GBPUSD)
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jack.canadia replied Feb 4, 2009beats me! 61.8 is holding up though for now of the most recent down swing off the high
Cable Update (GBPUSD)
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jack.canadia replied Feb 4, 2009Yeah they recommend sell on a break below 2 but i wait for a small entry signal off of wave 3 to go short and then place my stop above 3 for a small risk trade
Cable Update (GBPUSD)
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jack.canadia replied Feb 4, 2009No prob... try to watch as many videos on there that you can .. These are the two methods I now use to trade .. I also suggest you watch videos posted by Fx Boot Camp .. they will recap trading sessions and also give trade ideas for upcoming ...
Cable Update (GBPUSD)