guess it is only because I have a open short

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so you reckon a short is on the cards??? I'm with you on that one my friend!!!

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my chart dont look like this what you saying??

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guess you were right !!! what is next oh wise one? Im short from 5189 with tp at 69...

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is there a expert here on s/r??? what normally happens when there is a failed breach, retracement normally right? And then maybe a second go at it if there is enough steam? And if it isnt breached then, DOWN???

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well 1.5162 was strong resistance (or round about there) so will propably become strong support???

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your tp is quite low... (I mean far, think it'll go that far???)

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Pullback might come now??? It'll propably just trickle down to 50% retracement but it should get there eventually... Worth a shot with 52 as resistance to cover your back???

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sounds like an option after trading 5 days straight!!!

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So, I have my micro account for 1 week and have learnt so much. but what makes me happiest is I have a 4% gain for the week! Thanks to all who replied on this forum today, was really good, even though i made soooo much S^%% this morning, things ...

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[quote=Reznik;3547122] well, the trend is telling me to buy but the 1.52 resistance is telling me to wait until a clear break???

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So, bull or bear???

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[quote=direct-trade;3547099][i][color=blue] reckon bulls will keep it above 1.52???

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Reckon it is now clearly a bull market??? 1.52 is really is strong resistance, and now support. Hoping it will retrace to 52 so I can get some more. Was propably the clever thing to do to bag my pips just before the big resistance? Do wish I had ...

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maybe buy again at 1.52??? if it retraces???

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I GOT OUT!!!!!

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got out at 92... WOW! my first really good break out trade!!! am so chuffed!

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reckon I should exit at 95??? Or just lighten my load?

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and its now above 76, think it could go to 90???? mmmm.... pressure!

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using 5min charts and it broke through the trend resistance...

Cable Update (GBPUSD)