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- cloggie replied Mar 19, 2010
You said you were up 5%, find 2 trades a day like that and you will be a millionaire before the end of the year.
Cable Update (GBPUSD)
- cloggie replied Mar 19, 2010
Tweezer bottom on M5 likely, if that is the case we may move back up for a quick retrace. H4 LTL is key here.
Cable Update (GBPUSD)
- cloggie replied Mar 19, 2010
It takes a lot to break a H4 TL, so be patient. Look for your next setup. Cable is lovely to trade with breakouts. A lot more so then fibre for example. You alsoo need to let your profits run. Look for the next hurdle that may stop her and don't get ...
Cable Update (GBPUSD)
- cloggie replied Mar 19, 2010
Yup a lovely 60 pip run. Nice exit too to the pip on the TL. Now we are looking for the next breakout.
Cable Update (GBPUSD)
- cloggie replied Mar 19, 2010
Breakout trading is very profitable, just make sure you wait for confirmation and don't worry too much about missing the boat.
Cable Update (GBPUSD)
- cloggie replied Mar 19, 2010
You very welcome buddy. Am still in looking good.
Cable Update (GBPUSD)
- cloggie replied Mar 19, 2010
I am looking at the LTL on the M30, that needs piercing next for it to be a proper continuation.
Cable Update (GBPUSD)
- cloggie replied Mar 19, 2010
That's why I called it the initial target, will reassess the PA there.
Cable Update (GBPUSD)
- cloggie replied Mar 19, 2010
M5, M15, M30, H1 all looking good, watch your SL my initial target is 5089
Cable Update (GBPUSD)
- cloggie replied Mar 19, 2010
Yes I am watching, making sure it is not a false one.
Cable Update (GBPUSD)
- cloggie replied Mar 19, 2010
It is Cable and it is Friday, this could stay here until Monday unless NY moves it. Edit: while I typed this we are testing 5126
Cable Update (GBPUSD)
- cloggie replied Mar 19, 2010
Not guaranteed could be a false breakout. There are no guarantees in FX, you just make the averages work in your favour by knowledge and experience.
Cable Update (GBPUSD)