I understand the meaning of each one of the words you said here, but when you put them together like this, I have no idea what you are saying....

Cable Update (GBPUSD)

Theres that 200EMA on the 15m.... Who knows if we gunna break?

Cable Update (GBPUSD)

And one more quickie for another doz. Closed.

Cable Update (GBPUSD)

Glad confirmation on the long took... +32 closed on a quickie.... 2 lots, 32 total.

Cable Update (GBPUSD)

300 pips against you...a pro? lol Money management? lol >>shakes head<< Still chuckling over this one. This room has had a lotta pros. HAD being the operative word. Professional plumbers, carpenters, sailors, and other hopeful pros. All went BUST. ...

Cable Update (GBPUSD)

LOL... I don't think anybody knows where this bitch is going. I still have no confirmation, but hourly is coming close... Failure to break support on the hourly...and she pops back up, and I join in with the longs.

Cable Update (GBPUSD)

You mean 1.5960 is about area of the m15 200EMA?

Cable Update (GBPUSD)

If you are caught in a 300 pip draw down, and you talk money management...we have a complete different understanding of this phrase. Not that it matters, we all need to have a system, hopefully one that works. You would seem to be a longer term ...

Cable Update (GBPUSD)

I don't mind taking a loss...that don't really bother me none, but give me a playable friggen day.... Money is ez to make back, but on a day like today, charts were clear in only one direction...sideways. Must be huge expectations and a stifled ...

Cable Update (GBPUSD)

The day was total shiznit! I knew it from the beginning...50 pip window...clear the spreads...40 pips...wait for confirmation and she turns. I am @ like 45, and I was around for almost the entire day. Eff this Garbage...If I don't see something in ...

Cable Update (GBPUSD)

It's just the pivot I had on my charts...exited this at BE...what a total waste of a trading day. Sigh...

Cable Update (GBPUSD)

Had the daily pivot point as 1.5946...took the sell...will add on confirmation.

Cable Update (GBPUSD)

Agreed...there is more then one way to skin a frog so to speak.... But, on the other side of things...your gunna lose spread anyways on a hedge...so, if you miscalculated, why not exit...save the wonder as to where to exit the hedge and what ...

Cable Update (GBPUSD)

Nah.

Cable Update (GBPUSD)

Really...we are that close to bottom/perceived bottom? w0w...I was under the impression that we still have some ways to go down, but that is just what my charts say. Hedging...I have tried that, and have watched as others have tried the same...I am ...

Cable Update (GBPUSD)

Always good to have a safety net ... Just out of curiosity...why did you take long at that price? And how? At that time, even assuming no spread...it doesn't seem to line up.

Cable Update (GBPUSD)

Givens how you never mentioned a stop loss...and being how we have lost support on the 30m chart...what is your exit strategy if this continues downward?

Cable Update (GBPUSD)

Heh...never saw this coming... Currently at hourly resistance, as expected from hold of support on 30m chart. Resistance levels for further topside moves...but I have exited here and will sit out until next confirmation.

Cable Update (GBPUSD)

Correct, which happens to be the hourly 55EMA line @ 1.5977. Fibs n moving averages...PA made EZ.

Cable Update (GBPUSD)

Still supported by the 30m chart...break to northside is not unreasonable.... If price carries to close above the 24SMA on the hourly...there might be a trade worth getting a little more excited about. Deflection here, wouldn't get caught holding ...

Cable Update (GBPUSD)