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USD-Bear replied Sep 20, 2010Cold feet, closed @ +8 waiting for genuine GBP strength before re-entering longs, only USDX is holding it up a little......
Cable Update (GBPUSD)
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USD-Bear replied Sep 20, 2010Thanks, it took me a while to trade like this (thanks to some basics I discussed with nav) I'm certainly not sure its a correct decision but what it needs imho is: 1. wait until enough support levels are behind you 2. large SL (100-200pips) ...
Cable Update (GBPUSD)
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USD-Bear replied Sep 20, 2010Closed all longs @ 1.5660 collected 3x230pips I'll prob. will regret it, but I don't trust it USD weak GBP much weaker......
Cable Update (GBPUSD)
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USD-Bear replied Sep 20, 2010Hope so, it sure takes a lot of bearish USD-movement to keep it alive If LO doesn't give some upward pressure I consider backing off for a while.... H1: image
Cable Update (GBPUSD)
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USD-Bear replied Sep 19, 2010Good morning all, USD-weakness pulling it up a little (1.5664) no genuine GBP-strength yet. Still looking for higher levels.... image
Cable Update (GBPUSD)
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USD-Bear replied Sep 17, 2010up-down-east-west: following this picture untill further notice — D1: image and this one: image
Cable Update (GBPUSD)
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USD-Bear replied Sep 16, 2010Yes, the fib 38 and PA pattern did it for me, I don't mind some ups and down meanwhile.... image
Cable Update (GBPUSD)
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USD-Bear replied Sep 16, 2010I'm not that wet behind the ears (don't know if thats an English saying) but what are 500 pips on a daily chart like this: ? image
Cable Update (GBPUSD)
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USD-Bear replied Sep 16, 2010no offense but have quite different view: 1. Too old and simple minded to follow everything, like to specialize 2. I did scalping but studied myself by taking a trend from week-chart, lets say a move 2000 pips and checking how many pips I made ...
Cable Update (GBPUSD)
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USD-Bear replied Sep 16, 2010Nah.... I'll wait for 70% long readings, that should be around 1.60

Cable Update (GBPUSD)
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USD-Bear replied Sep 16, 2010Well, they look pretty firm to me, but beautiful they are!
Cable Update (GBPUSD)