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PipLand replied Nov 17, 2008im not ready yet, but good luck! if usd/jpy keeps falling u might have a chance
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PipLand replied Nov 17, 2008usd/jpy is making a run for it, will cable follow?
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PipLand replied Nov 17, 2008that would severly break the 4hr trend line what makes you say that?
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PipLand replied Nov 17, 2008im waiting for the 4hr trend line to come into view now! before shorting.
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PipLand replied Nov 17, 2008It was a nice trade
There will be plenty more though, plenty more!Cable Update (GBPUSD)
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PipLand replied Nov 17, 2008I succombed to peer pressure from micho and reversed at 5049 as price action was like it touched a hot coal!

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PipLand replied Nov 17, 2008That is the million dollar question for sure. My 4h trendline has until 4am GMT time before 5262 hits it?
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PipLand replied Nov 17, 20085262 ish area also being the previous double bottom so should be stronger IMHO
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PipLand replied Nov 17, 2008hoping to get to 1.52xx and short from there, got 100 fib level and a nice down trend for back up! mmm should be nice, fingers crossed

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PipLand replied Nov 17, 2008Yeah deal still open, it pierce the major resistance so hopfully a move up to the trend line 1.5xx area, only got small position on though until its def ready to go down
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PipLand replied Nov 17, 2008Yeah I dont hedge, dont see the point, i locked in my loss!
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PipLand replied Nov 17, 2008yeah i should have stuck to my original assesment oh well only a few pips and small lot size, i'll enjoy the ride watching this go up for now though
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PipLand replied Nov 17, 2008yeah was a poor entry, was hoping for some follow through on momentum

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PipLand replied Nov 17, 2008stuck in a wedge at present, which way will it break???

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PipLand replied Nov 17, 2008i think the upsurge is running out of steam, might come down now
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PipLand replied Nov 17, 2008Think we need to get below 1.4880 before the downtrend will continue otherwise there is support for more upside potential so be careful
Cable Update (GBPUSD)