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PipLand replied Jan 21, 2009im watching that too. I would say if we get a hammer then it is but you gotta think carefully where you will put your stop loss, we are still in a downtrend
Cable Update (GBPUSD)
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PipLand replied Jan 21, 2009Ahh sorry you missed that mate, yeah im not worried about the long I can wait. For me cable gets more and more untradable everyday, prob just psychological but i dont have confidence in longs anymore and i cant short these levels, so over the next ...
Cable Update (GBPUSD)
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PipLand replied Jan 21, 2009It a system which works 100%!! Is this ringing any alarm bells yet??

Cable Update (GBPUSD)
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PipLand replied Jan 21, 2009Hey man i took some pips on the way down this morning not in a trade at the moment im kind of wishing i took my long when i saw the oppurtunity earlier though
. The way cables been behaving the last few days scared me out of any longs. How you ...Cable Update (GBPUSD)
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PipLand replied Jan 21, 2009Exactly, def bullish but after price action yesterday im thinking very carefully before going long!
Cable Update (GBPUSD)
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PipLand replied Jan 21, 2009I would like to add that im currently flat though i dont think i'll go long until I have a much better confirmation of double bottom and a better price too
Cable Update (GBPUSD)
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PipLand replied Jan 21, 2009Hey guys hows it going, Ive closed all my shorts for some profit not quite 4700 but managed to grab some good pips at last. Currently Im looking at a falling wedge so no more shorts for me, could this be a bullish reversal???
Cable Update (GBPUSD)
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PipLand replied Jan 20, 2009yep im going bed soon hopefully price hits my 2nd trendline and drops
but we will see eh, price has just shot up a bit in the last min!Cable Update (GBPUSD)
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PipLand replied Jan 20, 2009its broken out of the current trend line, however at current price levels in 4 hours it will reach a more major down trend line, price might just flag until we get there
Cable Update (GBPUSD)
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PipLand replied Jan 20, 2009right i see what your saying now its harder to see with my massive spike ive got sitting on my graph. Im not convinced its a double bottom though, a double bottom usually shows a hard bounce
Cable Update (GBPUSD)
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PipLand replied Jan 20, 2009Snap Im short from 3970 tp 3700 so I hope you get your pips too

Cable Update (GBPUSD)