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Infinity replied Nov 11, 2008Steelhead, I remember you saying all this stuff about "big boys buying up here".... "only newbies are selling at these prices", etc when the price was in the 1.90s.... look where we are now bro...

Cable Update (GBPUSD)
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Infinity replied Nov 11, 2008Hey bro!! I am in the short party since 5600... I closed at 5435 and reversed for another 35 pips. I am now closed out waiting for a new ride.. Great job on your trade...


Cable Update (GBPUSD)
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Infinity replied Nov 11, 2008I thought we were below 1.5000...
I guess not yet...huh...???Cable Update (GBPUSD)
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Infinity replied Nov 11, 2008I know what you mean Mike...
I was just emphasising that the trend is unquestionably down...Cable Update (GBPUSD)
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Infinity replied Nov 11, 2008channels are wonderful for scalping... I just got a little 35 pipper long from this channel.. closed it near the m15 5sma.... I don't recommend countertrend trades like this if you are new to this..
Cable Update (GBPUSD)
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Infinity replied Nov 11, 2008Somebody say something about a sucker play? — Now this was a sucker play for the longies....
It tanks while I type....

Cable Update (GBPUSD)
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Infinity replied Nov 11, 2008As Mike just stated, there may well be a retracement to 5550 maybe even 5580 but I don't see any evidence of a reversal in sight just yet...
Cable Update (GBPUSD)
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Infinity replied Nov 11, 2008I take up that offer....
Buy up some more so I can sell some more...


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Infinity replied Nov 10, 2008
This is not good.... Don't get married to positions bro... The market will still be here tomorrow... If you continue on this path the only question that will be asked is....... will you?Cable Update (GBPUSD)
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Infinity replied Nov 10, 2008Good luck with that bro!! I'm fully closed out now.. I have to go on the road so I'm done until later on....
Cable Update (GBPUSD)
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Infinity replied Nov 10, 2008I just closed at 5605... I have to go on the road.. and I see a possible triple bottom for now... I may regret closing just now but more opportunities will come...
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Infinity replied Nov 10, 2008great work bro!! It's still positive pips...
I got back in short at 5640 after that m15 close... I hope to see a break down anytime soon...this side of the year hopefully...
Cable Update (GBPUSD)
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Infinity replied Nov 10, 2008That's right!!! That last m15 close shows strong rejection...
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Infinity replied Nov 10, 2008Could be a good trade because you got a good entry. I know you got profit locked already and that is the best way to trade when going counter trend..

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Infinity replied Nov 10, 2008I am not making a call here ...please.... I am only shorting rallies because higher timeframes are still bearish....
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Infinity replied Nov 10, 2008bullish for test of 15m 50 first... if it can get past 75
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Infinity replied Nov 10, 2008I'm going to get some food now myself... great work bro!!!
Cable Update (GBPUSD)