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ezmystic replied Oct 30, 2008If you put the 62ema (estimated moving average) on your 1hr chart it very often hits this and retraces back down. Look back at eohaters posts and fidn the one where he says what ema's etc he uses on which timeframes, put them on your charts and then ...
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ezmystic replied Oct 30, 2008there was good sell signal in the candles on the 15m chart see below. thick blue line 10bar average, green line 20 bar average, yellow line 35bar average and blue line 50 bar average. Hope this helps.
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ezmystic replied Oct 30, 2008we could see toodays highs again to form a triple top on the 15m, but I'm not jumping in
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ezmystic replied Oct 30, 2008hit 1hr 62 ema again , but i didn't take it. dam it. Oh well another time
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ezmystic replied Oct 30, 2008
sorry correction 6470 I wanted to then enter long on turn around,but didn't have the balls to do it. Another timeCable Update (GBPUSD)
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ezmystic replied Oct 30, 2008closed at 4670 as we hit the 20bar average on the 1hr and started to move back

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ezmystic replied Oct 30, 2008short from 6510 came late to the party, was at airport again.
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ezmystic replied Oct 29, 2008cheers bro I hadn't thought of that I will start one.

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ezmystic replied Oct 29, 2008also touched 10 bar average on daily at 6469 and came back down, I think it will need to break this to continue up for now
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ezmystic replied Oct 29, 2008that would be typical, hope it wasn't too bad for ya. Are you trading on a practice account even if you can't or aren't trading on your real money account because it would be good practice and it doesn't matter if you blow it
. I have also ...Cable Update (GBPUSD)
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ezmystic replied Oct 29, 2008I know mate I've done it several times, but when it comes back to you I think locking in the profits once you're about +30 pips is the way to go

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ezmystic replied Oct 29, 2008nav check out my chart above I think it has been indicated for the last couple of days candles, but I admit I didn't see it until it went up and I looked at my charts to see why. Hope your new job is ok
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ezmystic replied Oct 29, 2008the key is still a good entry point though and then lock in profits then it doesn't matter it you get stopped out several times because your still making a pip or 2 and at some point you will get a good long trade.

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ezmystic replied Oct 29, 2008\cheers nav, how is your hedge goin or did you get out? Please coorect me if I'm wrong, but I think that from the daily chart below there is a tweezer type formation indicating the medium term uptrend we seem to be in.
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ezmystic replied Oct 29, 2008hey eohater, I'm in the same position except I've only got 6 years behind me, but I especially want to keep hold of my staff in these uncertain times because I know they will find it hard to get new jobs as over here there are a lot of people ...
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ezmystic replied Oct 29, 2008son't worry, I trade what I can see and don't normally listen to posts here. I want to be able to trade myself not just trade other peoples opinions. thanks
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ezmystic replied Oct 29, 2008I know losses are just part of the game. was a stupid move by me on that though taking the loss when it was heading my way. Oh well onto the next trade. cheers bro

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ezmystic replied Oct 29, 2008closed position -30ish pips. will wait for another setup.still up 120pips this week.
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ezmystic replied Oct 29, 2008dam, went short at 6038 off 1 hr 62ema roughly and didn;t wait for signal. . On close of 15min bar signal was lng, but too late. Still in short should have got out when against me.

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