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kanakzz replied May 28, 2010Yeah you are right .. that LTL support tooo ... I wanted to wait till that level ..but jumped early ... (my mistake) .. but its ok .. I am sure its going to go up .. this could be just a typical london fakeout.
Cable Update (GBPUSD)
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kanakzz replied May 28, 2010Bought Again — Bought again at 4509 for 80 pips Take Profit.
Cable Update (GBPUSD)
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kanakzz replied May 28, 2010shhhhhh cable — I was long from 4540 .. with 4595 as tp... Went for breakfast .. came back and realized that I missed the TP by just 2 pips ... Sucksss


Cable Update (GBPUSD)
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kanakzz replied May 27, 2010short short short — I hate to suggest short here ... But the PA is pointing for a short. Failure to break 1.2400 shows there is no momentum left now. Best option could be a short atleast for 50 to 100 pips.
EURUSD
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kanakzz replied May 27, 2010long .. — a long ???
..its back at the support zone.Cable Update (GBPUSD)
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kanakzz replied May 27, 2010Yeah its really tempting getting in short here. But thats cable ..it will tempt you to get in the trade and then hit your SL. I have modifed my pending sell to 1.4620. or I might enter before NY open. I think its just consolidating before the next ...
Cable Update (GBPUSD)
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kanakzz replied May 27, 2010I have a pending short at 1.4600 for the last couple of days... What say ?? it will reach there ??
Cable Update (GBPUSD)
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kanakzz replied May 27, 2010Right time to short — Enter Short just 30 minutes before New York Open ... momentum is highly bullish now .. Only NY can counter it

Cable Update (GBPUSD)
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kanakzz replied May 27, 2010Chances of 4500 ? — Will 4500 hold ?? Seems like it might break today ... Hourly candle has broken the 200EMA resistance. May be we will see the break today ?

Cable Update (GBPUSD)
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kanakzz replied May 24, 2010Trend is one thing ..second is momentum .... and there is huge momentum now for short ... taking long at this point is very very risky .. it has already fallen 100 pips from days high ... its taking a breather for second leg fall... dont counter the ...
Cable Update (GBPUSD)
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kanakzz replied May 24, 2010Short — Right time to Short EU... US market will follow the sentiment from london... and EU will fall like a rock ...
EURUSD
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kanakzz replied May 24, 2010Breakout of 4500 was a fakeout ... and hourly candle never closed about 1.4500 ( my way of confirming trade.)... there is going to be a huge selloff now. .. we might see 4250 today ...
Cable Update (GBPUSD)
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kanakzz replied May 24, 2010sustained vs fakeouts — You are right ... we broke 4500.. but there is difference between breakout and fakeouts .. and also sustained breakout... Cable long term trend is bearish... fundamentals + technicals ... short term trend is bullish but ...
Cable Update (GBPUSD)
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kanakzz replied May 24, 2010Short entry below 4460 — hourly candle close below 1.4460 will c the cable dropping to 4400 and 4350. There is no upward momentum hence a short entry will make sense. also there is a ascending triangle formation .. a Hourly candle close over ...
Cable Update (GBPUSD)
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kanakzz replied May 21, 2010hourly candle — if hourly candle closes below 1.4400 we will see 4260 next ..
Cable Update (GBPUSD)
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kanakzz replied May 20, 2010Short — hourly candle close below 1.4326 ... will take cable to 4250... beware of london open fakeout...
Cable Update (GBPUSD)
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kanakzz replied May 17, 2010Nice time to enter short — Hourly pin bar under formation ... Am short with 50 pip stop and 100 pip tp. short at 4420.
Cable Update (GBPUSD)