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- RChio replied Mar 20, 2010
Hey Paw, Congrats on a good upside week. A couple of contribution to your question... if you are willing to hear. 1. Consider a pullback before entering a Short 2. Consider a signal to bail out if trend reverses and make a firm decision on it. 3. If ...
Cable Update (GBPUSD)
- RChio replied Mar 20, 2010
Sorry for the late posts. I closed my Longs on Friday... overall, should have closed early in the evening but ended up losing 8 pips for the night. Good week regardless with 320 pips in the bank.. more than my target of 200... so not crying about ...
Cable Update (GBPUSD)
- RChio replied Mar 19, 2010
Gone Long... Looking at a couple of TP points... 1.5170 & 1.5215
Cable Update (GBPUSD)
- RChio replied Mar 19, 2010
shorting at 1.52 level or higher... waiting on a pull back from current price but agree... SHORT is the way for now... Keep an ear or eye out for the Mr. Tucker's speech.. Cheers, R
Cable Update (GBPUSD)
- RChio replied Mar 19, 2010
Good morning or evening all, Let's get ready to Rumble. Good luck and happy pippin. Cheers, R
Cable Update (GBPUSD)
- RChio replied Mar 18, 2010
Mate, The only thing I know about indicators is just that .. they are indicators and can sometimes make noise.. false ones... the trick is to get used to them and utilise other techniques (candlestick formations) or indicators to filter those false ...
Cable Update (GBPUSD)
- RChio replied Mar 18, 2010
Simple is good... too bad I'm a complicated person!

Cable Update (GBPUSD)
- RChio replied Mar 18, 2010
Dude... sounds stupid but does your platform show you the market depth cause mine doesn't otherwise is it a custom indi or something or do you use the bear / bull powers? Cheers, R
Cable Update (GBPUSD)
- RChio replied Mar 18, 2010
yeah you're right.. I was thinking more of a 10-20 pip scalp at a time... use the ADX, Stoch osc & RSI if it helps.. You probably know this already. I've seen your posts. Cheers, R
Cable Update (GBPUSD)
- RChio replied Mar 18, 2010
Dude... -10 pips is a good trade... some hang on and end up 10x or more worse off. Good Trade!! Cheers, R
Cable Update (GBPUSD)
- RChio replied Mar 18, 2010
Yeah... to me 1.52964 is the key line... if it breaks up... and passes the daily pivots look like it will stay there for the night.. unless some surprise news. other wise... if it only pops its head then comes back down then short it should be.. ...
Cable Update (GBPUSD)
- RChio replied Mar 18, 2010
hey Paw... good thing we both got out of our shorts before this current price action.. Cheers mate. R
Cable Update (GBPUSD)
- RChio replied Mar 18, 2010
Thanks to all for your inputs and the good times... see you tomorrow! Cheerio! R
Cable Update (GBPUSD)
- RChio replied Mar 18, 2010
Check out your private messages.. left you something to think about.
Cable Update (GBPUSD)
- RChio replied Mar 18, 2010
Even then you've got to be real quick and have a quick platform or you'll end up buying or selling at peak!... Also news has to be taken into consideration with other news and whether the recent price action over the last day or hours has already ...
Cable Update (GBPUSD)
- RChio replied Mar 18, 2010
Dude.. not 100% but about 98%... generally there is correlation between news announcements... you've just got to find out what the equations are.. What I mean is you need to use the other economic news to judge where the current ones are going to ...
Cable Update (GBPUSD)
- RChio replied Mar 18, 2010
I'm out for the day... 57.4 pips ... good enough... cheers and Good Luck to All traders!
Cable Update (GBPUSD)
- RChio replied Mar 18, 2010
Yeah you're right about that 15 min shadow but I think that's just the profit taking just before the candle closed. Cheers, R
Cable Update (GBPUSD)
- RChio replied Mar 18, 2010
If you're right then its all Green for SHORTS I assume! I've got some and waiting to get to 1.5240 or lower. So I do hope you're right. Cheers, R
Cable Update (GBPUSD)