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Magix replied Mar 4, 2009Weatherman forecast on cable... Sunny with chances of rain... Or Wear pants until its time to put on your shorts
Cable Update (GBPUSD)
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Magix replied Mar 4, 2009Second batch of shorts for scalps entered, fall and hold below 8Ma on 5 min... Shorts on EUR/JPY, GBP/USDx2, AUD/USD x2..
Cable Update (GBPUSD)
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Magix replied Mar 4, 2009In one short so far, missed top on a pee break..sigh...believe there to be another run @ top before this day is over, will add to my position closed longs for now, will look to re-enter on way back up @ 1.4068
Cable Update (GBPUSD)
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Magix replied Mar 3, 2009An amusing strategy that I have both read about and tried... GBP/JPY - hedge trade for US open, set S/L @-66 and T/P for +122. Worked 2 out of 3 mornings for me.... The last one I played, sucked hard, lost on both sides.... AGAIN...not recommending ...
Cable Update (GBPUSD)
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Magix replied Mar 3, 2009I didnt recommend this as a strategy, or suggest it as a guaranteed money maker... it was merely in jest....
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Magix replied Mar 3, 2009Funny thing about this pair...with the way she been playing, prolly the easiest money made is to set a hedged pair with a t/p of 60 on both sides and let her ride....
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Magix replied Mar 3, 2009I gauge this pair by USD standings in other trade pairs. Strength still seems to favor USD over GBP, EUR, CAD, AUD from what I am watching. Will follow this trend until see reason not to. Top of the chart for USD/CAD (4 years) is a mere stones throw ...
Cable Update (GBPUSD)
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Magix replied Mar 3, 2009I see it, play no longer meets my criteria...shortened play range with relatively flat indies can turn and pop on you in a second. Holding shorts from 1.4130 area, will let them ride...scalping for beer money now.
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Magix replied Mar 3, 2009Had S/L set to +1, tripped out. will see if she picks a higher high to play from...
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Magix replied Mar 3, 2009Right now Im going to try a scalp from triple top....will see where she goes...
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Magix replied Mar 2, 2009Was carrying GBP/USD, EUR/USD and EUR/JPY...too much too fast... Will reload to be sure...
Cable Update (GBPUSD)
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Magix replied Mar 2, 2009Out of longs here...going to wait for direction now and a reload....
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Magix replied Mar 2, 2009You might wanna wait for the next spike before going on long... JMHO
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Magix replied Mar 2, 2009FWIW, I'm still here and decided to take a new direction with things...

Cable Update (GBPUSD)