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pawpaw1000 replied Apr 14, 2010Ive got the same brother... Sorry I havent been posting but been crazy busy!!!
EURUSD
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pawpaw1000 replied Apr 14, 2010on fibre I have channel top reached for the second time on h4... Down or break here...
Cable Update (GBPUSD)
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pawpaw1000 replied Apr 14, 2010SO, doing the longer TF thing now so lets see what I can say: Here I have added the weekly, daily and 4hr Cable charts... On weekly we are nearing the top of my downward channel but for it to touch we must reach 5550, The critical point a couple of ...
Cable Update (GBPUSD)
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pawpaw1000 replied Apr 14, 2010agreed, this could still turn... if we can break 80, which propably wont happen today, we will go to the crucial 5550...
Cable Update (GBPUSD)
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pawpaw1000 replied Apr 14, 2010
I'm just laughing as cloggs isnt exactly a newbie mate...Cable Update (GBPUSD)
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pawpaw1000 replied Apr 14, 2010so I guess you dont agree... Search youtube for "peter schiff laughed at" and see how people like you laughed in 2007. He predicted this recession and he says we are just getting started... But hey, what does he know, just watch s/r... G2G TRAIN ...
Cable Update (GBPUSD)
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pawpaw1000 replied Apr 14, 2010peter schiff... video and look for his other videos...
Cable Update (GBPUSD)
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pawpaw1000 replied Apr 14, 2010so you will stay long until you see a bearish sign like a engulfing candle with a confirmation or a rounded top etc on the daily chart? You then scale down and look for entries on the shorter tf's??
Cable Update (GBPUSD)
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pawpaw1000 replied Apr 14, 2010Like this... But shouldnt one take fibo from highest point? I didnt as I see that 1st dip retraced already...
Cable Update (GBPUSD)
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pawpaw1000 replied Apr 14, 2010yes, but using what? I see that looking at fibo from 6480 to 4780 we get 5424 at 38.2 so if it holds then we could and will go down to 4300. and if it breaks we should go to 5625 next... but surely the other s/r lines also play a part like the one ...
Cable Update (GBPUSD)
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pawpaw1000 replied Apr 14, 2010I also have those two s/r lines but how do you know that we will go so far? I can only see as far as these s/r and have no clue how far further as I see each s/r as a possible turn or continuation. this makes me only able to hold for around 60 pips ...
Cable Update (GBPUSD)
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pawpaw1000 replied Apr 14, 2010well, this morning before going to training I posted a wedge formation on m15 and said I thought we would break either way, we went up but didnt really break with much force. Price seems to be meandering up at 10 pips per swing. Quite irritated... ...
Cable Update (GBPUSD)
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pawpaw1000 replied Apr 14, 2010When I say I'm biased south it just means I'm looking for a place to short... Thinking of 55000 and s/l 56000 but I still believe we are headed further South in the long run... For now, I'm out...
Cable Update (GBPUSD)
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pawpaw1000 replied Apr 14, 2010and it will be good for dollar... I've decided to start trading longer term. But adding to winning positions in intraday trading at important s/r points... Will trade just before leaving for training in an hour but am biased south...
Cable Update (GBPUSD)
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pawpaw1000 replied Apr 14, 2010I am now officially at BE after 5 weeks with max gains at 24%... aiaiai... This market is just so indicisive for me. Will have to spen more time with my charts...
Cable Update (GBPUSD)
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pawpaw1000 replied Apr 14, 2010its their new at best system. Didnt you get a e-mail?
Cable Update (GBPUSD)
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pawpaw1000 replied Apr 14, 2010I think that puts us short mate. Dropped right through 54000 and touched 5380 which is next resistance. I'm short at 5390, s/l 5415 and t/p 5337...
Cable Update (GBPUSD)
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pawpaw1000 replied Apr 14, 2010Is it wrong for me to say I have no Idea whats gonna happen next? Everyone is always posting where they see price in 93 and a half minutes but I have nothing at this point... If we go up and close above trendline then I maybe see 5480 - 5500. If we ...
Cable Update (GBPUSD)