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- cloggie replied May 18, 2010
A couple of MA's TL's SR and fibs mainly. I do like the RVI. Stochs and MACD are just momentum indicators and pretty useless in pricedirection in my opinion. Just use a slow MA for trend and a fast one for price and Bob is your uncle. Anyhow, we're ...
Cable Update (GBPUSD)
- cloggie replied May 18, 2010
Not much good those indies then. You could always turn your screen upside down, then they are right again.
Cable Update (GBPUSD)
- cloggie replied May 18, 2010
No need to be greedy, just played the fake on London. I am letting it settle down a bit on the M5, and yes am targeting the DP
Cable Update (GBPUSD)
- cloggie replied May 18, 2010
Fairly typical fake out, I have gone short at 449. We may test that open again though
Cable Update (GBPUSD)
- cloggie replied May 16, 2010
Hear you, am not trading this volume here, waiting for Franky, those desperate, plan on seeing 4556 first before any shorts.
Cable Update (GBPUSD)
- cloggie replied May 14, 2010
Will do, I was reckoning on a close at the days' open, but looks like she may just stay here. Who knows with volumes like we are having now. Or rather lack thereof
Cable Update (GBPUSD)
- cloggie replied May 14, 2010
Yes we are, fibre at the Oct 08 low, cable approaching the April 09 low. This has been an interesting couple of weeks of trading, large daily ranges and good long traunches of 100 pip or so each to be found a few times each day. The london breaks ...
Cable Update (GBPUSD)
- cloggie replied May 14, 2010
Reached, consolidating, looking for the next target.
Cable Update (GBPUSD)
- cloggie replied May 14, 2010
You know my analogy by now, have used it plenty of times; I always wait for the river to start flowing before I join the flow. I don't like smelly fingers. Succesful day trading means you need to find a way to identify the small segments of 60-90 ...
Cable Update (GBPUSD)
- cloggie replied May 14, 2010
Key here is 4593, if that goes 4633 is next, if it holds we are going back towards the low.
Cable Update (GBPUSD)
- cloggie replied May 14, 2010
Be a bit sensible about it, she moved up 80 pips from the low in pretty much a straight line back to the Franky open, jumping into a long now will not have a great chance of success, she is due for a bit of consolidation before she either continues ...
Cable Update (GBPUSD)
- cloggie replied May 14, 2010
After a London break like this morning she either reverses or continues, Quicky is looking at the continuation and BB is aiming for the reversal, I am still eyeing the continuation. You need to make your mind up for yourself. We are at the ...
Cable Update (GBPUSD)
- cloggie replied May 14, 2010
What, we dropped 100 from London open in a few hours, no pleasing you is there?
I am letting this compress a bit more before I jump in, you know me, don't like the rapids, always wait for the river to start flowing before I jump on my ...Cable Update (GBPUSD)
- cloggie replied May 14, 2010
We had the morning run from the open, now it needs to make up its mind after this consolidation to either give us the retrace to the open or the bearish continuation, once I see either confirmed I will enter again. Not setting any targets to enter ...
Cable Update (GBPUSD)
- cloggie replied May 14, 2010
Closed mine for a safe 90, watching the minor retrace before I will jump back in still have 4475 insight.
Cable Update (GBPUSD)
- cloggie replied May 14, 2010
Didn't take you as one to pick the bottoms, I will start thinking about buying at 4475
Cable Update (GBPUSD)
- cloggie replied May 14, 2010
Ah, another hit and runner, you'll get on great with kill, but then again he is on the pipe so much he gets on with anyone.
Cable Update (GBPUSD)