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pawpaw1000 replied Apr 16, 2010yesterday we had a distinct bounce on m15, today we are lingering... And like I learnt this week, the longer pa hangs around s/r, the better are the chances it could break!!!
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pawpaw1000 replied Apr 16, 2010I'll be shorting if we break 5380 mate
Reckon after the debate the independants have thrown a cat amongst the birds...Cable Update (GBPUSD)
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pawpaw1000 replied Apr 16, 2010I'm waiting for london... BTW on my chart the pinbar touched daily LTL...
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pawpaw1000 replied Apr 16, 2010well, this looks alot like the chart jefftrader posted yesterday? with his elliott waves...
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pawpaw1000 replied Apr 15, 2010ciau all... Should have done alot better today but didnt... Hoping 2moro will be better!
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pawpaw1000 replied Apr 15, 2010thanks brother, will definately keep that in mind... Think my biggest problem is I get nervous when price turns against me... My position sizing is small but I will make them even smaller as I never want to blow this account...
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pawpaw1000 replied Apr 15, 2010Ok, this what I normally do... I wait for a break of s/r and buy/sell with s/l 15pips below the broken resistance. I then look for the next s/r. This morning I felt confident to buy as we had closed above 5480 and 5500 psyc level... Why it went ...
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pawpaw1000 replied Apr 15, 2010meaning? looking for the london close rally? which way you looking for that???
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pawpaw1000 replied Apr 15, 2010mmm... bb, it does look alot more tranquil... maybe that is a option... do you use m15 at all? How do you guys get the time to look at 4 pairs at the same time. Guess if one looks just 1hr and up its possible>>??
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pawpaw1000 replied Apr 15, 2010Man, If I hadnt gone long before london, I would've creamed at least 80 pips today, MINIMUM!!!
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pawpaw1000 replied Apr 15, 2010Jip, thats why in every one of my posts I reiterated IF 80 is broken... Alrighty then, if 5480 holds Then I got to say that 5550 - 5600 looks tempting. Was long this morning before LONDON and was targeting those numbers... If the same situation ...
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pawpaw1000 replied Apr 15, 2010well, If we looking long, then 5600 seems a good target. Top channel and also fibo retracement...
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pawpaw1000 replied Apr 15, 2010to be fair, 140 pip drop in 4 hours does bring out the bear in a man... Especially seeing as we had finally closed above 5500 and we were looking north...
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pawpaw1000 replied Apr 15, 2010this has been a crazy day, too bad I caught just 45 pips
LONDON CLOSE IN 20MINCable Update (GBPUSD)
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pawpaw1000 replied Apr 15, 2010well, they could say, you have 5480 in your way no???
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pawpaw1000 replied Apr 15, 2010thanx soo much, will definately have a look!!!
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pawpaw1000 replied Apr 15, 2010well, I do have conflicting info now, elliot say short and s/r say long... will make decision at 5480...
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