Discussion in 'Forex Trading' started by Jurij12505, Sep 13, 2007.
OK, you may close your long cable, and enjoy whatever profit you made.
Niet zac, Juraj.
Can someone enlighten me whether this forecasts are a joke. He's been wrong every single time thus far. You could only be this bad if you were trying.
I think you can keep you long cable on. There's more profit to expect on wednesday when the european market reacts to the feds rate cut. I believe that we can see 2.0500 by the end of this week.
You think we're done on the upside? New monthly lows? Or are you just swing trading?
pkts, I actually agree with peter, cable has probably got more upside.
But I am in the European time zone, need to sleep, and am not sure what the Japanese will do with gbp/jpy when they get to work.
If they decide to sell the carry trade after this pop up, then that'll bring down cable as well.
So I am getting out, and will maybe buy on a dip somewhere later.
But if you stay in, the trend will hopefully be your friend.
I think he is using the BnB Method (Bullshit n Bear).
Anyway, closed and reversed my short (sold @ 2.0334) @ 1.9894. Still long. Up 676 pips in less than a week on the cable ( as of 6:30pm EST 9/18). Wonder how the OP made out.
Ahhh, I see. I'm a longer term trader (weeks not days) so I don't worry about the different time zone reactions. Plus, I don't want to have to follow it thru the night (I'm in the US).
Thanks, good luck to all of us.
Yeah, great method
Nice trading, OP only did well, if he reversed all his positions.
today's chart looks more interesting
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