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hey your going the wrong way

I'm still long from last week and staying that way for the time being. My hourlies have been a bit wobbly, but I'm drawing some comfort from my dealer charts which are still pointing towards more to come.

1.8740 seems to be a bit of a hurdle though, but equally 1.8660 seems to offer good support. If that latter level goes, I'm pretty sure that I'll look for an out.

My stop just below 660 as well. Hope it goes the right way.

I think this is the longest I've held and Fx position without getting tempted to close or getting stopped out. Still very much an apprentice ;-)

I've got a jar of special Chill Pills that I can recommend if you need them, Seymour. I bought them in a bar in Marrakech.

:o)

Starting to sound like the Dutch Coffee House! I'll give you a shout if I need them Hils ;-)

Chilling to Morph the Cat here :)

I thought he was better in Oliver, Choccie?

Nah, Hils - thought he was a bit moody in that

... blame it all on Bart Simpson ;)

1.8740 could be tested soon...

I am long cable and euro/usd


Hils trader/dealer charts...4 hourly?

That's right, D. Not sure why they call it the dealer chart although I could probably guess. Perhaps somebody here might be able to shed some light on it.

so far so good...
resisting the temptation to move my stop up yet though..

My end of day look. Pleased to see that all is right in the Fx world:-) Same thoughts as you Foale, VERY tempted to move my stop up again.

Have been chilling to "Paranoid Android" in my head whilst I work. Nothing to do with the nature of the work you understand.

Just done a fibbonacci thing from the bottom on 15th Oct, to the high of 1.9050 and this goves interim targets of 1.8790, 1.8850, 1.8930 then the 1.9050

I'm happy to stay long all the time it's in that channel, Seymour. It took a bit of time to develop and find the support just above 1.85, but it now looks to be clearly defined and isn't rising too steeply, so I'm comfortable with that.

I shalln't be around much over the next week or so, so I'll just adjust my stops each morning and evening and leave it at that.

closed my euro/usd long at the top of recent rally
Pleased with my exit...

added to my Cable long on that dip....

well the top of that channel would be a nice close...
if we can get over 1.8800 that is....

reduced position size slightly at 1. 8824 top of SC's channel

Heading for a sticky bit here, 1.8826, imo. If cable can push through then I shall be very watchful of the 1.8950 area.

Edit: just seen your edit foale

Hi Choccy...yes exactly...hard to call...dont want to be left with no long..but also felt it might be capped short term...so decided to reduce a bit...


You think brek could target 1.8950.. yes..I would probably lighten up some more at 1.8900 ish.

At least we are trending up..

Still half asleep here :-0

Thanks to Chocs, Bos et al for last night and this morning, great time.

Hope others aren't picking up the wrong signals ;-)