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XTrade replied Oct 23, 2009Closed? These are all open positions. I'm sorry did I word something wrong? Please let me know. See some of my recent posts on the past 2 pages for clarification, if you like that is.
Cable Update (GBPUSD)
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XTrade replied Oct 22, 2009Trades - open — OPEN: CABLE = long @ 6289 10/18/09 = 365 pips FIBRE = long @ 4855 10/18/09 = 175 pips Dragon = long @ 151.310 10/21/09 = 133 pips If Only the market could always go like this! And NO MORE trading pairs I don't study like ...
Cable Update (GBPUSD)
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XTrade replied Oct 22, 2009WE are NOT far from it! Just a thought. ON daily that is... It may be tough.. DOW has just hit 10000 for first time in about a ear. Yes there may be retracement, yet the sentiment to keep tis going seems to be there as of yet. Dow Up- image USD ...
Cable Update (GBPUSD)
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XTrade replied Oct 22, 2009I agree on retracement. BUT, I will not close 2/3 day old trades based on a 50 pip loss any more.
Cable Update (GBPUSD)
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XTrade replied Oct 22, 2009From the 21st my reason for staying in was confirmed "me= hoping --we blow thru 6450 that 6500 will be mornings toast. And tasty @ that served up by the Queen herself with 2 runny eggs" Todays target was 6600 on cable. After breakout confirmation I ...
Cable Update (GBPUSD)
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XTrade replied Oct 22, 2009Here is what is looked like on Dragon M30 - Day HI-lo outlined
Cable Update (GBPUSD)
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XTrade replied Oct 22, 2009I will add a theory I have created for this realization of breakouts on M1 trading. Using only support and resistance It can work both ways. Mostly when a pattern like the one in my chart occurs the break is up. This is usually trend friendly and if ...
Cable Update (GBPUSD)
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XTrade replied Oct 22, 2009WOW --- there it is.. after all the lull cable Blows thru resistance! Here it is on m15
Cable Update (GBPUSD)
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XTrade replied Oct 22, 2009Fibre has just broken yesterdays high, Cable hopefully will follow. This is only going one of 2 ways UP or down. I see more up. Dow up , dollar weak. Chart 1 fibre M30 days outlined Chart 2 Cable M30 days outlined. I would be very wary of shorts ATM
Cable Update (GBPUSD)
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XTrade replied Oct 22, 2009Evening traders, My losses from stupid trades on EUR & GBP / AUD are now made up. I am still long on cable, fibre and dragon. It was hard to not close the cable and fibre longs, today so I settled for closing some of the less pip dragon. In order to ...
Cable Update (GBPUSD)
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XTrade replied Oct 22, 2009WOW!!!! Nicely done! I am still half in long on cable. Going to wait and see if we can breach 6600 again. Time will tell.
Cable Update (GBPUSD)
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XTrade replied Oct 21, 2009I understand. Thank you. I too made some very poor decisions last week trading, pairs I don't Namely GBP & EUR / AUD. I have made my losses back but it was completely unnecessary and foolish to continue due to one good trade. The reason i ask is b/c ...
The WoRmHoLe
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XTrade replied Oct 21, 2009I like these targets not much faith in USD. at any retracement depending on USD I will probably stack more longs. I am 2 days long on fibre. Never held for a month! Nothing against it with a strong trend! Plenty of pips. New to this thread. Thanks ...
EURUSD
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XTrade replied Oct 21, 2009Hi WB, I am wondering are most of your trades shorts? I know some traders only short regardless of the trend looking for retracement. However I am long cable and fibre 2 days now. I was surprised the last time I asked you had avoided the dragon ...
The WoRmHoLe
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XTrade replied Oct 20, 2009I am hoping that if we blow thru 6450 that 6500 will be mornings toast. And tasty @ that served up by the Queen herself with 2 runny eggs a black coffee 2 sugars and OJ with ice!
6500 is my next BIG resistance. USD still not doing anything. ...Cable Update (GBPUSD)
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XTrade replied Oct 20, 2009Not Sure exactly what your MAs are but I am spending hours / days developing a 2 systems for taking trades based on MAs only. One for shorter term "power trades" the other for Long term "super trades"
Wish me luck! FX is hard work, but I am ...Cable Update (GBPUSD)
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XTrade replied Oct 20, 2009Glad to see you are still long as I am. With added longs during the drop earlier today on fibre and cable
Cable Update (GBPUSD)