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- OldReigatian replied Jun 9, 2010
Hi guys. I'm reading on Action Forex that there will be some strong support just below .82. What's your views on this. We were up at 8330 yesterday, so I am inclined to book a (small) long from .8245 then book an additional long at .82. Wha' you ...
Nearly Naked (Simple Trades)
- OldReigatian replied Jun 9, 2010
Hi Guys Hope you all got good pips yesterday. I feel a repeat of yesterday forming (ie rise to 1.4515 area) before a trace back to 1.4350 - 1.43 area On EG looking to book longs at .825ish depending on momentum on way down to target entry with a tp ...
Cable Update (GBPUSD)
- OldReigatian replied Jun 8, 2010
If goes back up to 1.4420 will be happy bunny and will call it a day. Nearly 350 pips overall today. Much pleased.
Cable Update (GBPUSD)
- OldReigatian replied Jun 7, 2010
I think we could see 1.4510 as the point to short again. This is the 38.1 retrace on the 5 min fib. Takes in the 1.4681 to 1.44. However, will be selling support at 1.447s
Cable Update (GBPUSD)
- OldReigatian replied Jun 4, 2010
Woah, that music really freaks me out. Guess I'm just not cultured enough, but it really puts the freaky shivers up me
Cable Update (GBPUSD)
- OldReigatian replied Jun 3, 2010
Congrats. I'll still tip my hat as I didn't expect it to get below 4660. I closed out my long as we are getting too close to news. I'll look for entry later. Still got 180 pips today so far (mainly scalping before London open) so I'm happy not to ...
Cable Update (GBPUSD)
- OldReigatian replied Jun 3, 2010
Got to hand it to you, you're a brave man. If it gets to 4650 I'll tip my hat to you. My view is that we going up to yesterday's high, plus a bit more.
Cable Update (GBPUSD)
- OldReigatian replied Jun 3, 2010
Didnt forget it, just observing that on the 4 hr. 38% is 4723 50% is 4876. If you then go further on 4 hr 61% is 1.5029 which just happens to be reasonably close to the 38% retracement on the 8hr (1.5070). However, this is long term not intraday so ...
Cable Update (GBPUSD)
- OldReigatian replied Jun 3, 2010
gu testing 38% retracement on 4 hour chart. If this goes could see 1.4876 as next test. Let's hope so anyway.
Cable Update (GBPUSD)
- OldReigatian replied May 27, 2010
well thats me to bed. 500 pips clear profit today. I have at last learned that you dont always have to have a trade open and to not try and chase every pip. 18 trades of between 20 and 30 pips lodged and all winners.
Cable Update (GBPUSD)
- OldReigatian replied May 27, 2010
Hi All I used to enjoy coming on here and seeing good solid information regarding strategies. Unfortunately, this thread has degenerated in the month or so I have been visiting. It is a shame, really, because I had learned a lot from it. I am sure I ...
Cable Update (GBPUSD)
- OldReigatian replied May 25, 2010
Gotcha, thanks. Youre in for a long wait until entry by the looks of it
Cable Update (GBPUSD)
- OldReigatian replied May 25, 2010
11:1 ratio not bad if you can get them though
Cable Update (GBPUSD)
- OldReigatian replied May 25, 2010
Sorry to appear thick, but as a non chartist, could you confirm what this is telling us. Is it that you believe we have hit bottom and about to go long (in your opinion)?
Cable Update (GBPUSD)