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Magix replied Mar 5, 2009Based on a 4 hr chart, and if I had a separate account that I didn't have to watch a blood bath with, I would be inclined to hop onto this same short. 4hr candle below what I use as support on moving averages, typically indicating sell cycle. ...
Cable Update (GBPUSD)
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Magix replied Mar 5, 2009Caught 2x shorts on it, 40 on one, 15 on another...missed the long cycle and if it werent for a split second turn, i would have been trapped on a sale below 1.41... Support lines are moving up, but the ceiling isn't...trapped, a place I really don't ...
Cable Update (GBPUSD)
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Magix replied Mar 5, 2009What an absolutely brutal day... I am used to waiting for trades, but this is terrible... Cable wise I am still tending to long(short term), but not interested in the range we been playing with. Hope the afternoon shapes up, might take on a paper ...
Cable Update (GBPUSD)
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Magix replied Mar 5, 200950 on overnight short cable, 90 on short EJ this morning, -30 on last short, putting me @ about a buck ten on the pip side of things.... not a good day so far.... Late to the party and unclear on direction... Sigh....
Cable Update (GBPUSD)
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Magix replied Mar 5, 200915m, 30m, 1hr all say back to hod... I just dont like the feel of this, but is actually playing much as the 4hr chart as I saw last night...
Cable Update (GBPUSD)
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Magix replied Mar 5, 2009Should have checked for support on 15m chart, the short range, play not favorable in scalping conditions...longer charts for forecast... Sigh.....
Cable Update (GBPUSD)
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Magix replied Mar 5, 2009Trying a small order for short side, as long as we close below 8MA 5m chart, should be okay.... Opened 1.4104 Buwahahahahah....headfake....those M'er F'ers! Tripped s/l, back to sitting sidelines
Cable Update (GBPUSD)
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Magix replied Mar 5, 2009Watch trendline formation on short side, headfakes all around this morning.... Seems to be showing support. OSMA about to go subzero, but weak movements all round...
Cable Update (GBPUSD)
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Magix replied Mar 5, 2009Waiting on confirmation 5m for short, long line broke but didn't hold, smacking resistance on a 5m, but still taking higher highs and lower highs, so as far as goes, still favoring longs imo. I have that feeling the day be over before confirmation ...
Cable Update (GBPUSD)
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Magix replied Mar 5, 2009Speaking of emails that that get auto bumped to spam... I just got an email for an interview to go pro trade stocks.... Interview on Friday... Not sure what kind of emotion is involved in playing with other peoples money, would sure love a chance to ...
Cable Update (GBPUSD)
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Magix replied Mar 5, 2009I am right there with ya mango... I have sender blocked in outlook, so it just dumps into my junk mail folder, but still have to keep eyes on the junk incase import email comes and gets blocked by auto settings... I tried in the control panel here, ...
Cable Update (GBPUSD)
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Magix replied Mar 5, 2009I don't typically trade off of a 15m, but this is what mine looks like...will sit sidelines until I see if it can break long line and hold on 15, if not, back to confirmation for short side....
Cable Update (GBPUSD)
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Magix replied Mar 5, 2009My indicators are all over the place...hourly still says short, but the shorter term say it could pop any minute...I took an exit @ even, will wait for a confirmed play...
Cable Update (GBPUSD)
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Magix replied Mar 4, 2009I am with you on the ish thing...use it all the time, but I feel like the fat kid on the short bus trying to learn your rhyming.
Cable Update (GBPUSD)
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Magix replied Mar 4, 2009Just what I see on my chart, not trying to slam you...We all have our play styles and reasons for them, just trying to say what I see. As a group, I think we are more so here to offer support and understanding than are to bicker. This is what my ...
Cable Update (GBPUSD)
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Magix replied Mar 4, 2009I see the correlation between cable and USD with other trade pairs. Give the run they have had today, it's natural for the charts to suffer through a little correction...the overall trend on the daily is positive, and it could turn at any second, ...
Cable Update (GBPUSD)
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Magix replied Mar 4, 2009With you there brother... Don't think the hourly chart bodes well for longs as of right now, bound to change in the long run, but will plays em as I sees em.
Cable Update (GBPUSD)