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PipLand replied Nov 21, 2008yeah definatly a sign. They are probably noticing some extreme positioning in one direction and getting scared lol
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PipLand replied Nov 21, 2008Yeah, you can bet your life its not for your benefit!

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PipLand replied Nov 21, 2008could still be going down but I dont think there is enough momentum and your right not to hold this one over the weekend, reckon theres gonna be BIG Gap!!
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PipLand replied Nov 21, 2008Thats great to hear, so there is hope to do this full time then

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PipLand replied Nov 21, 2008Im part time but would like to be full time maybe in 1 year or 2. I used to have better success at the long term charts but im getting a lot better at the short term ones now too.
Cable Update (GBPUSD)
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PipLand replied Nov 21, 2008Yeah I think we will get to 5200 area very soon im not gonna take any positions for now either though, need some better signals, if we do get to 5200 I dont think i'll be shorting it anymore either
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PipLand replied Nov 21, 2008Yeah I think shorts need to be very carefull next week, theres lots of interest in a dollar reversal from big players it seems
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PipLand replied Nov 21, 2008hopefully you will get another chance to close out
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PipLand replied Nov 21, 2008i think this will bounce a bit from here to be honest
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PipLand replied Nov 21, 2008went out at 4715 as oil made a double bottom at exactly same time

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PipLand replied Nov 21, 2008NIce one!! hope you make many many more in the future!
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PipLand replied Nov 21, 2008oil made new low so hoping this will go past 47xx now
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PipLand replied Nov 21, 2008wow this has got some momentum maybe 47xx will get broken up after all
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PipLand replied Nov 21, 2008im still short since oil broke 50 fib, i dont ssee this bouncing until 1.471x
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PipLand replied Nov 21, 2008oil has been going up since morning, but broke a small up trend support line then broke 50 fib, and is now supported by 61.8 fib, if that doesnt hold then down down
Cable Update (GBPUSD)