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- AnonYmos replied Aug 17, 2010
Well, actually I didn't enter on the flag but on a breakout from a box ystd. See attached chart showing it.
Cable Update (GBPUSD)
- AnonYmos replied Aug 17, 2010
And here we go again. Breakout of one these boxes. Fake? Enter at pullback?
Cable Update (GBPUSD)
- AnonYmos replied Aug 17, 2010
Closed her now as she crashed thru all of what was between now and my entry.
Cable Update (GBPUSD)
- AnonYmos replied Aug 17, 2010
No need for apologies, bro (cf. my title line). - Coming in from swing trading. Therefore tend to keep part of pos as long as possible (e.g. got a GY from down at 128 and no reason to close). Close 1st half of pos for profits of somewhere between 30 ...
Cable Update (GBPUSD)
- AnonYmos replied Aug 17, 2010
Can't turn red. Got 40 pips out of it, sl at entry and now see what the remaining pos can do for me. Am still traumatized from a recent GU long entered at somewhere round 1.43 which I closed to preserve 30 pips, sl was never touched and, well, you ...
Cable Update (GBPUSD)
- AnonYmos replied Aug 17, 2010
Oh, come on, Cloggie, please let me stay in a weeny bit longer! I got the upper boundary of the flag, a feeble supp, the DP and a 200 MA between now and my entry. And now that she's kinda outa the flag she might take off blow thru the res @ .5703 ...
Cable Update (GBPUSD)
- AnonYmos replied Aug 17, 2010
Don't quite follow. Why would I close when she's coming out of the flag?
Cable Update (GBPUSD)
- AnonYmos replied Aug 17, 2010
40 pips secured from closing 1 half of the pos. sl at entry. 2d half another 40 pips profit. should probably raise sl.
Cable Update (GBPUSD)
- AnonYmos replied Aug 17, 2010
Hi guys! Hope everbody is pippin fine! On my charts GU is tackling a flag. Would like to get some views from the experts, also about how they handle the set-up. Thanks!
PS: ignore the long I already got on; it was a Cloggie-Box-Trade and is ...Cable Update (GBPUSD)
- AnonYmos replied Aug 17, 2010
Hi bro! Hope you're pippin fine! On my charts GU is tackling a flag/wedge. Would be grateful to know your view and how you deal with the set-up. Take care!

The WoRmHoLe
- AnonYmos replied Aug 16, 2010
Good one! But I see trouble coming in on the 4h.
Cable Update (GBPUSD)
- AnonYmos replied Aug 16, 2010
Another beautiful example for Cloggie's box trades. Missed the entry which, imho, would have been at where the arrow is. Closed half of my pos at the 2d vertical line tho, thereby secured 40 pips and moved sl to entry. So nothing to worry about.
Cable Update (GBPUSD)
- AnonYmos replied Aug 16, 2010
no thread but check out the attachment. A nice visitor to this thread here (apologies, forgot your name) made the effort to summarize the communication which explains it.
Cable Update (GBPUSD)
- AnonYmos replied Aug 16, 2010
Hey bro, you oughta know that we love calling tops here!
Oh, and it's only Monday ...Cable Update (GBPUSD)
- AnonYmos replied Aug 16, 2010
Entered at the vertical line, i.e. after the pullback to the box. However, keep in mind that according to Cloggie in many instances the first breakout is a fake. I ignored that here (for no particular reason).
Cable Update (GBPUSD)