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PipLand replied Dec 10, 2008If you havent already you need to learn where to draw support and resistance lines, trend lines, fib levels etc. Learn to know when market sentiment is changing as well. If you can identify these levels you'll know when to get out of the trade
Cable Update (GBPUSD)
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PipLand replied Dec 10, 2008took profit on my long and scalped 10 pips on the way down. Waiting for this to come down to a nice level so can long it again
Cable Update (GBPUSD)
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PipLand replied Dec 10, 2008Morning guys, hows the pips coming along? I missed the earlier up move up i was asleep, DOH! I caught the down turn for about 70pips and now im back long again from 4760
Cable Update (GBPUSD)
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PipLand replied Dec 9, 2008BE Sl hit, oh well time for bed no more trades, will be looking for that set up tomorrow, nite everyone
Cable Update (GBPUSD)
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PipLand replied Dec 9, 2008Yeah I agree, its bouncing along this 4hr trend line quite nicely and yes it was very reluctant to go down i noticed this also and closed my short when the dow couldnt break daily fib 161.8, I know its early to call but im thinking more and more ...
Cable Update (GBPUSD)
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PipLand replied Dec 9, 2008I was short as well, grabbed some more pips, Im glad to hear you've over come your emotional issues and are back at it too
Im thinking long from here, might open a positionCable Update (GBPUSD)
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PipLand replied Dec 9, 2008dows picking up gotta be a little careful with my shorts i think
Cable Update (GBPUSD)
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PipLand replied Dec 9, 2008hey guys whos short then?? im targeting 1.4563, gotta get past 4663 i know but achievable i reckon
Cable Update (GBPUSD)
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PipLand replied Dec 9, 2008Yeah totally true if you copy trades on here you would never know when a trader changes sentiment and closes the trade or adjusts SL and TP levels. A lot of trades posted on here are very short term and the trade could turn and bite you before you ...
Cable Update (GBPUSD)
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PipLand replied Dec 9, 2008sorry it was all happening so fast watching 3 diff charts went in at 4712 closed at 4686 as dow and footsie started turning very quickly up again. Im now short again 4703, we shall see stop loss 4728
Cable Update (GBPUSD)
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PipLand replied Dec 9, 2008The footsie looks like it will make a double top, if it does and looks like coming down, then I will short cable
Cable Update (GBPUSD)
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PipLand replied Dec 9, 2008Agree, now I wait for my short took another 60 ish down and 30ish on the up, but wouldnt hold that for long. Please bounce now so I can get a short on

Cable Update (GBPUSD)
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PipLand replied Dec 9, 2008Hey guys, hows it going? hope your all doing well today, i managed to grab 60 pips on a short today but I am flat for now. I dont want to be long in this market and def dont want to short from here, will have to wait and see


Cable Update (GBPUSD)