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Magix replied Feb 26, 2009Waiting here for entry on long want to see what she does @ between 1.4326 @ 1.4315...FWIW
Cable Update (GBPUSD)
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Magix replied Feb 26, 2009Well, perhaps a little premature in my entry, exit @ +1, will wait for a better buy and second run 1.4325 resistence... Guess I coulda held another 2 seconds....sigh.... CRAP!
Cable Update (GBPUSD)
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Magix replied Feb 26, 2009Grabbed a long as a precaution, 1.4324, s/l @ 14299...
Cable Update (GBPUSD)
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Magix replied Feb 26, 2009A repeating pattern indicated in red circles, might make you believe that we are just selling now for a slingshot launch this afternoon....
Cable Update (GBPUSD)
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Magix replied Feb 26, 2009Possible H&S forming on the 5, or keep in channel? Seems to have run outa steam...will sit on the sidelines for now....
Cable Update (GBPUSD)
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Magix replied Feb 25, 2009I tried to trade it once upon a time as well...but it doesn't really play nicely. Now I use it as a strength/weakness indicator for other trades. Works a little something like this.... When EUR is gaining on GBP, shorts will sell harder on GBP and ...
Cable Update (GBPUSD)
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Magix replied Feb 25, 2009Fib retracement on 4hr shows bottom @ 1.4092...MACD about to x below zero on next tick down. Current spike brought price -100 from 8MA, will most likely see a correction to 1.4300 area <- 4MA. Still happy sitting sidelines here...
Cable Update (GBPUSD)
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Magix replied Feb 25, 2009Agree with you here...MACD says this drop may not be done just yet....
Cable Update (GBPUSD)
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Magix replied Feb 25, 2009Closed all, +96.... Might be a little premature as well, but, the whole bird in the hand....
Cable Update (GBPUSD)
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Magix replied Feb 25, 2009Soft hedge close all trades at same time...not really a problem.
Cable Update (GBPUSD)
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Magix replied Feb 25, 2009And, that's what's nice about a soft hedge... I think the worst I have been on the GU/EU hedge is the -20..A lot worse for GJ/EJ, but max down was -50, so far have hit +20. Currently bouncing between +8-0...
Cable Update (GBPUSD)
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Magix replied Feb 25, 2009Hit long at 1.4304... Might be a little premature, but looking at a possible completion of bull flag on EG, and a grand fall on GU, I figured I would try for a GBP soft hedge....
Cable Update (GBPUSD)
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Magix replied Feb 24, 2009I put a mirror under GU's nose, it is still alive, might be just sleeping...
Cable Update (GBPUSD)
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Magix replied Feb 23, 2009I'm looking at buying the down spikes now, still got a bullish bias here... Still holding long @ 1.4518...
Cable Update (GBPUSD)
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Magix replied Feb 23, 2009Hope thats the spike I'm looking for...long @ 1.4518
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Magix replied Feb 23, 2009Whew...was a little concerned about that short for a few minutes... Short off the last spike, 1.4567...
Cable Update (GBPUSD)
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Magix replied Feb 22, 2009Dude...I am as green as they come...wouldn't exactly be following my plays, you seem to be doing fine on yer own. I was just lucky guess....
Cable Update (GBPUSD)