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pawpaw1000 replied Apr 1, 2010hey cloggs, mind sharing why you entered? I see we still trending up in 5min tf and also on m15 it keeps touching 25 ma and shooting up but what gives you the idea we gonna break 50 resistance?
Cable Update (GBPUSD)
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pawpaw1000 replied Apr 1, 2010no, its not... london closing in 30min... Maybe something then??
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pawpaw1000 replied Apr 1, 2010Aah, ok... but you joined ff a while back... So you still practicing before putting in large amount? Reason I ask is I'm looking at a tf for me to start trading a larger account and was looking at 1 years time...
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pawpaw1000 replied Apr 1, 2010what do you aim for? 1% per month? In South Africa the bank gives you 10% so I'd look at that as an option for lower risk...
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pawpaw1000 replied Apr 1, 2010nice wormy... but looks like it bounced off 50 fib and headin down no?
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pawpaw1000 replied Apr 1, 2010Alrighty... I think the news is gonna send us where we going... If its really good for US we might go through 5200? but if its bad it'll send us all the way up to 5340...
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pawpaw1000 replied Apr 1, 2010why did you close your long at 5252? waiting for pa to confirm continuation??
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pawpaw1000 replied Apr 1, 2010jip got out at round 33... I reckon its waiting for the news at 4pm...
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pawpaw1000 replied Apr 1, 2010moved it below 150ma on m5 to give space so its at 5010... I closed as the reason for entering is gone, break of 50... will wait for further pa. Loss of 15 pips.
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pawpaw1000 replied Apr 1, 2010closed above, but just!!!!!! oh sheeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeettttt... look now!
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pawpaw1000 replied Apr 1, 2010jip, closed it a couple of minutes later as I wanted to wait for today... Still havent traded today, waiting for the m15 to close above this resistance and I will enter... aiaiai... well, there will be many more!
EDIT: I'm in... long with s/l at ...Cable Update (GBPUSD)
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pawpaw1000 replied Apr 1, 2010Thanks nav, Will definately take that to heart. When I started as a noob I almost never used more than 1h... Now I use 4h, and now I'l start 1d
loving being able to learn from all these traders and still being profitable at the same time... That ...Cable Update (GBPUSD)
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pawpaw1000 replied Apr 1, 2010thanks nav... Dont normally use daily charts, 4h is the biggest tf for me but you might make me change my mind looking at your charts
that is very accurate and I am definately gonna be here waiting for it!!!Cable Update (GBPUSD)
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pawpaw1000 replied Apr 1, 2010agreed 100%... Nice one bbakker...
I want 80 pips today to make me happy...Cable Update (GBPUSD)
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pawpaw1000 replied Apr 1, 2010well, on my 4h chart I have a very big resistance at 5254 so this could all be part of it... I agree if we break above this then we are looking at 5340...
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pawpaw1000 replied Apr 1, 2010they talking about 5042... think you're referring to 5242???
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pawpaw1000 replied Apr 1, 2010Hi navin... whats that top line you got there? The resistance line angling down? Thanks for the help...
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pawpaw1000 replied Apr 1, 2010@ solrac — Intraday bias in GBP/USD remains on the upside with 1.5042 minor support intact. Rise from 1.4798 is treated as the third leg of consolidation pattern that started at 1.4783 and is possibly targeting 1.5381 resistance. Nevertheless, ...
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pawpaw1000 replied Apr 1, 2010HEY SOLRAC!!! — Hi bud, nah, I have NO IDEA! I really thought we would get some movement today but just aint seeing it... we broke quite a big resistance yesterday and we are above the downtrend channel... next resistance for me is 5254 and ...
Cable Update (GBPUSD)