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- drakes replied Jul 29, 2010
Am using an indicator called LC-Pivots which I picked from Magix charts... is that correct?
Cable Update (GBPUSD)
- drakes replied Jul 29, 2010
The big supports today are: 1.5599 on the M15/M30 1.5610 25ma on the hourly 1.5630 50 fib retrace 1.5638 as the R1 (still to form) Ok, I have the 25ma on the hourly. Found the 1.5630 for 50 fib retrace of M15. How do you add the support for M15/M30?
Cable Update (GBPUSD)
- drakes replied Jul 29, 2010
Hmm... ok, I have S/R levels on my 1H chart, and when I switch to 15m/30m, the levels are the same.... is that the correct method?
Cable Update (GBPUSD)
- drakes replied Jul 29, 2010
Thats true, will buy again if it hits the supports and holds, what sort of SL should I set for this type trade anyway? The previous support?
Cable Update (GBPUSD)
- drakes replied Jul 29, 2010
Alright... no idea about your coffin corner though... but put your advice into practice just now, though I should have target today's high instead of getting out much earlier....
Cable Update (GBPUSD)
- drakes replied Jul 29, 2010
Yeah I know, I'm actually putting into practise what I learnt from Cloggie, so hence why my TP was quite conservative.... once I build up the confidence of successful trades I'll set it higher, now just trying to see if I can re-enter the Long based ...
Cable Update (GBPUSD)
- drakes replied Jul 29, 2010
20 pips profit reached, looking to go in again if it bounces off in the 5m chart On hindsight, should have set the TP higher...
Cable Update (GBPUSD)
- drakes replied Jul 28, 2010
What makes you say that? I'm just waiting to scalp up from the ma on 5m
Cable Update (GBPUSD)
- drakes replied Jul 28, 2010
Scalping short @ 5597, the R it cannot seem to break...
Cable Update (GBPUSD)
- drakes replied Jul 28, 2010
Still waiting to see how the speech affects the market...
Cable Update (GBPUSD)
- drakes replied Jul 28, 2010
Just waiting to see if it will break through down or bounce back up...
Cable Update (GBPUSD)