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    • Infinity replied Oct 21, 2008

      We'll see... but in conditions like this, I would'nt be surprised if we blew right past it down to 1.5500. If we see rejection there (1.6500 area), it could turn but if we get a weekly close below it......

      Cable Update (GBPUSD)
    • Infinity replied Oct 21, 2008

      I have been looking at that strategy for a while now..It does work more often than not but you must protect profit very early and know when to take profit. I think steelhead mentioned it some time ago as well. The problem was that he was not ...

      Cable Update (GBPUSD)
    • Infinity replied Oct 20, 2008

      Great work bro!! I had three shorts, 7310, 7370 and 7500. I had sl at 7530 and was sweating at one point, but the higher timeframes said short all the way... This h4 chart gave me more confidence to hold overnight too.....I closed all the ...

      Cable Update (GBPUSD)
    • Infinity replied Oct 17, 2008

      I am done trading for the day. I don't like to trade on Fridays unless I see really good setups. You must not chase the market. Wait for it to come to you. Monthly, weekly, daily and H4 are the best to use to determine trend direction. You can use ...

      Cable Update (GBPUSD)