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Togu replied Dec 22, 2010Agree with you on this one. But perhaps we might be able to see some rebound even if it wants to break below the 200MA. Seems like the institutional traders are looking at the PA carefully at the moment. And personally I believe it somehow will ...
Cable Update (GBPUSD)
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Togu replied Dec 21, 2010Well, the flag usually goes with the direction of the major flag pole, but recently I've noticed that it goes the other direction before confirming the actual break out. But nice scalp, i wouldn't taken the short just becuz the historical chart is ...
Cable Update (GBPUSD)
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Togu replied Sep 24, 2010There might be alot of buyers are liquidating their positions. Just an idea
Cable Update (GBPUSD)
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Togu replied Sep 24, 2010I trade momentum break outs. Lately I mean this month I'm having really bad results. I usually go with tight SL 30-40 and ride the trend with Reward ratio 1:2. I'm losing my confidence -20% of my account. It is pretty normal for me to lose 5 in a ...
Cable Update (GBPUSD)
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Togu replied Sep 24, 2010Intraday is up. and does it mean that I should long above "C"?
Sonic R. System
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Togu replied Sep 24, 2010Are you reffering this support TL? I would confirm the break of last Lower High.
Cable Update (GBPUSD)
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Togu replied Sep 24, 2010I really don't have any bias for GBPUSD. lost 11k and now I'm hesitating to pull the triggers.
The PA is respecting the TL nicely.Cable Update (GBPUSD)
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Togu replied Sep 24, 2010Thanks, but having clean chart doesn't help me to make money lol. What I do with the MACD RSI is that I usually trade the break outs, so price should be inside the 2 lines and I make my stop orders above the resistance and below the support. AC ...
Cable Update (GBPUSD)
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Togu replied Sep 23, 2010What do you guys think of the intraday TL support? Should we make a bet on the break or go with the initial trend?
Cable Update (GBPUSD)