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pawpaw1000 replied Mar 17, 2010yes, was hoping the news would give some movement but seeing as nothing happened I closed out with -7pips... I now cant see where we are going and seems like it is just news moving us... normally the market goes up in waves but this one goes up in ...
Cable Update (GBPUSD)
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pawpaw1000 replied Mar 17, 2010It has been open for 1hr 20min... go see on forex time url
Cable Update (GBPUSD)
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pawpaw1000 replied Mar 17, 2010I cant trade this, Dont have any Idea where the market is going. Need to wait for 5420 or below 5200 to start to see something. I'm sitting out until 2moro or until something changes!
Cable Update (GBPUSD)
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pawpaw1000 replied Mar 17, 2010closed out with 5 pip loss... Lets quickly take a look at this, news comes out, not brilliant for dollar and price doesnt really move? are the bears letting go or just hibernating for a while?>>?
Cable Update (GBPUSD)
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pawpaw1000 replied Mar 17, 2010well, was looking to trade the news but see it hasnt done much. So yes, am thinking of closing but just waiting to see if there isnt some movement in a small while. Got a close s/l
Cable Update (GBPUSD)
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pawpaw1000 replied Mar 17, 2010all depends on US news... It will be a real tough call to break the 5450 odd resistance which is where the last real support was on the way down... I'm bull inclined but worrying about the news so staying out...
Cable Update (GBPUSD)
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pawpaw1000 replied Mar 17, 2010How bout this: As noted before, GBP/USD's consolidation from 1.4783 is still in progress and stronger recovery cannot be ruled out. But after all, we'd expect upside to be limited by 38.2% retracement of 1.6456 to 1.4783 at 1.5422 and bring fall ...
Cable Update (GBPUSD)
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pawpaw1000 replied Mar 17, 2010Hey all, I'm back
soo glad I didnt leave my short this morning... Seeing as the trend is up, I'll be looking to buy today no matter what my noob mind tells me. UNLESS ofcourse there is bad news or resistance which cant be broken... So, reckon we ...Cable Update (GBPUSD)
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pawpaw1000 replied Mar 17, 2010closed... Not sure where market is going and made a quick 2%... will be back after training FOLLOWING THE TREND...
Cable Update (GBPUSD)
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pawpaw1000 replied Mar 17, 2010Got into a short and took half at 13pips, am now trading free...
Cable Update (GBPUSD)
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pawpaw1000 replied Mar 16, 2010Night all... See 2moro morning for frankfurt/london open!
Cable Update (GBPUSD)
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pawpaw1000 replied Mar 16, 2010wasnt looking at the chart but think he meant to place cable chart as we did break low and high of yesterday...
Cable Update (GBPUSD)
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pawpaw1000 replied Mar 16, 2010theres alot of bull momentum as even though it broke lower, it still broke high?
Cable Update (GBPUSD)
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pawpaw1000 replied Mar 16, 2010well, looking at my 4H chart, that was the last place price stagnated at all! the rest was clear sailing... unless someone can teach me something here?
Cable Update (GBPUSD)
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pawpaw1000 replied Mar 16, 2010thanks cloggie, seems 54 is next real resistance?? but surely it wont go that far???
Cable Update (GBPUSD)
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pawpaw1000 replied Mar 16, 2010all I can say is good luck brother... You're doing what I wish I could... BUT CANT AS I'M TIRED OF BEING BURNT
but with forex its gonna happen, especially with us noobs...Cable Update (GBPUSD)