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XTrade replied Nov 1, 2009Just something a few others and I seem to have noticed. Only a suggestion. Will be watching it carefully.
EURUSD
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XTrade replied Nov 1, 2009I too have noticed this. I also have a small theory I will present. After the PA goes up from the Aussie / Tokyo, LDN, Sells massively to drive price back down if trend is up. Only to get a better price to go long. The reverse may present itself if ...
EURUSD
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XTrade replied Nov 1, 2009I too was looking to support more in the area of 6300 area before making the decision to long. Dollar is flat. if it starts to fall - It is ON. Went long cable @ 6367. wary of it but long dragon @ 146.88 - expecting retracement from massive fall. ...
Cable Update (GBPUSD)
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XTrade replied Oct 30, 2009cable - dragon — Dragon slipped from housing release it appears; Cable nothing out of this tight range. Not terribly far. YET --150.900 area may serve as support (minor prior resistance) Next news EMU 6AM. So the action is now up to session ...
Cable Update (GBPUSD)
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XTrade replied Oct 30, 2009Re: and LDN resistance breaks?? — If LDN breaks Cable @ 6600 and Dragon @ 151.6 Friday "today NY" should be interesting. May have to wake up @ 3:30 am. I anticipate the usual opening sell-a thon then more buyers. (obviously I could be wrong, ...
Cable Update (GBPUSD)
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XTrade replied Oct 30, 2009Cable chart. — After the three small red pins I confirmed entry. During the previous range/ choppiness I made a few bad entries (LOST) breaking one of my rules to not "enter" to enter. Anyway learned the lesson and now I am rewarded. Thought ...
Cable Update (GBPUSD)
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XTrade replied Oct 29, 2009Still long Cable & Dragon. I have a feeling LDN, may sell both down for better price only to rise back up hopefully killing resistances- Dragon slipping on me. DR D, I only demoed on FX.com -- Everything started out ok. Compared to other platforms ...
Cable Update (GBPUSD)
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XTrade replied Oct 29, 2009You might be interested in MB tr@dng, (are we allowed to mention this?) I have read good things about them and they are ECN not MM broker. No affiliation only relaying what I found out to another trader.
Cable Update (GBPUSD)
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XTrade replied Oct 29, 2009Dragon getting rejected again @ 151.600 area. Want to stick this out but getting antsy Long from 148.073 Cable seems to be indecisive of move right now.
Cable Update (GBPUSD)
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XTrade replied Oct 29, 2009up and down. — Agreed, so dollar "was" up, cable down. Dollar down, dow, gold, cable, Up.
Cable Update (GBPUSD)
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XTrade replied Oct 29, 2009Watching these areas Cable rejected @ resistance 6600 hoping current support will hold enough to retest resistance Dragon testing resistance @ 151.500 area again. hoping to breach 152
Cable Update (GBPUSD)
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XTrade replied Oct 29, 2009MAE, all! Cable has been playing with me for the past few days. After a few failed attempts I finally got it last nite. Longs: Cable @ .6375 Dragon @ 148.07 Dow up. Looking @ USDX. Losses made up! Will post reasoning chart later toninght. G/L ...
Cable Update (GBPUSD)
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XTrade replied Oct 25, 2009Cable Week Start — I agree with your sentiment here. As we saw on Friday the poor UK news violently affected the GBP from further climbing north. I was a bit too nervous about this and ended up closing my positions. Still, It could have been ...
Cable Update (GBPUSD)
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XTrade replied Oct 23, 2009cable etc — image Oct. 23 (Bloomberg) -- The dollar gained the most against the pound in a month as the U.K.’s economy unexpectedly contracted in the third quarter, giving the Bank of England more reason to expand emergency measures to spur ...
Cable Update (GBPUSD)
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XTrade replied Oct 23, 2009Well, put nAV! I do the same. I can only add - "If" i closed at the top... blah, blah, never that easy! I learn something new with FX everyday. Years down the road, I will still be learning!!!
Cable Update (GBPUSD)
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XTrade replied Oct 23, 2009MAE, All. Well that was quite a drop on Cable. After logging out I got a bit nervous
about the fall. I feel this was necessary retracement, however seems a bit larger than expected. Anyway. I had to get out of bed and close all cable positions. ...Cable Update (GBPUSD)
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XTrade replied Oct 23, 2009Many MAJOR resistances have been broken. Now unless looking at daily the sky is the limit. retrace, may just be met with more buyers. We'll see. Night all, GOOD LUCK!
Cable Update (GBPUSD)
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XTrade replied Oct 23, 2009That is more reasonable. we are now only 20 pips from 6700. If resistance becomes support once again on these two pairs, 6800 is in target. Just a thought. Also just the other day we spoke of DRAGON @ 150 ! Look at the beast now! NICE! ---cable--- ...
Cable Update (GBPUSD)
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XTrade replied Oct 23, 2009I am not saying cable will not retrace... BUT, I learned the hard way... Look at cable reversal on H2. Next chart fibre daily.. WHY fight something like that? You could have been long fibre for days. After 200 pip confirmation Sit back and enjoy the ...
Cable Update (GBPUSD)
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XTrade replied Oct 23, 2009I am long. since the 18th. Not going short until at least... Reasoning. These are HIGH TF chart observations. Don't get killed on shorts YET. I am sure many have only to see breakthrough of resistance. PLUS LDN open Selling was not as strong as past ...
Cable Update (GBPUSD)