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- solrac replied Mar 26, 2010
[quote=cloggie;3586433]Not yet, PA on M15 still above my ma[/quote All my charts show price already below my 300 and 150 sma...are you using a different ma ??]
Cable Update (GBPUSD)
- solrac replied Mar 26, 2010
Moving my SL to B/E now ??? or will it zig zag back up to 4885??
Cable Update (GBPUSD)
- solrac replied Mar 26, 2010
As cloggie pointed out ,,,, 4841 is a sticky point ,,,,
Cable Update (GBPUSD)
- solrac replied Mar 26, 2010
This train is not going anywhere ,,,Cable and Fibre both, having a rather quiet start in Franfurt ......
Cable Update (GBPUSD)
- solrac replied Mar 26, 2010
Thanks Bbakker... Another lesson learned ,,, dont do open opisions overnight until I am more knowleadabe of the market,,, It just didnt come to me that even though we were all here expecting a down movement ,,,Asia might think differently ....Still ...
Cable Update (GBPUSD)
- solrac replied Mar 26, 2010
Morning chaps,,,, Another crazy friday on the way it seems .!!!!!!! Great way to start a Friday having been stopped out over night
,,,,,,,Cable Update (GBPUSD)
- solrac replied Mar 25, 2010
Thanks bbaker,,, will try 15m tf for tomorrow ,,,, i was tempted to short right now but i have learnt that trading with the news is a really really risky business,,,,

Cable Update (GBPUSD)
- solrac replied Mar 25, 2010
Broken 4860 first time since 05.00 am ,,, and then spiked up again,,,no idea what direction this market is gonna go
Cable Update (GBPUSD)
- solrac replied Mar 25, 2010
Sounds sensible ,,, i might have to do the same myself.... Question,, in 15m what dictates your entry point?? Would sma lines work in such timeframe?? Ta
Cable Update (GBPUSD)
- solrac replied Mar 25, 2010
Well ,, im glad to see you take it with good humour ,,,,,
Cable Update (GBPUSD)
- solrac replied Mar 25, 2010
Morning mate,,,,,dismal performance yesterday for me too....

Cable Update (GBPUSD)
- solrac replied Mar 25, 2010
Thanks Cloggie ,,,the difficult thing is how to spot the entry point . I follow just Cable and mostly 5m and 15m charts ,,, need to open up my time frames and get familiar with its patterns . Use them as tool to make a decision...For example Cable ...
Cable Update (GBPUSD)
- solrac replied Mar 25, 2010
You re right mate,,, I am taking it easy,,,, just a 2% risk max... bit by bit today ......

Cable Update (GBPUSD)
- solrac replied Mar 25, 2010
Thanks Cloggie ,,, I understand we have to face up to losses ,,, but in my case , yesterday action came too early for me. I thoght I was ready ,,, but reality is that need to learn much more about my charts and no just trade on the news!! Kneejerk ...
Cable Update (GBPUSD)
- solrac replied Mar 25, 2010
Morning chap,,,yes ready for it but with lots and lots of more cautions,,,, got my fingers really burnt yesterday and blew almost 20% of my account ,,,,I suppose was just a mix of greed and ignorance ,,,,,,,,
/ All part of a learning curve ,,,,, I ...Cable Update (GBPUSD)
- solrac replied Mar 25, 2010
As Cloggie keeps remnding us ...Patience and look at the charts ,,,, Morning everyone !!!!
Cable Update (GBPUSD)
- solrac replied Mar 24, 2010
mmmm What s your time frames on those charts Jemmy??
Cable Update (GBPUSD)