Forex rebates on every trade - win or lose!

This ithe bit I findest hardest...not when to enter or stop out when to exit when it moves in your favour and then looks like it mght retrace..so sold 25% at the top this am.

Indeed foale. If it breaks this resistance we should see a nice run though.

and there she blows :-)

on behalf for the 75% I am still long :)

on behalf of the 25% I have left behind :(

Lining up for a try at 1.8860 highs...but what then...

Hilary ...when do you get back off hols... LOL

foale, It's currently poking it's head above the down channel on my daily chart (post no 6502).

I'd like to see confirmation of it breaking this over the next session or two. If it does then 90 can't be too far away imo.

There is a will to go higher...but is there a way..??

Decided that the fear of losing some of my gains less than that of being left behind as we head for 1.9000....

staying long..

A break through 73 should see it up to 8900 area Foale.

OK guys, wish I'd stayed in the trade from Tuesday morning - however have joined you long at 1.8869 - for the same reason as you Foale - it looks like breakout time, however fairly wide stop just in case.

In some ways a poor trade as risk / reward not great but I fancy the breakout will continue.

Harlosh, only 1.8900? 1.900 surely ;-))

Probably Seymour but I think we will see some retracement before then.

The resistance at 8900 area has been there since early October so I don't think it will be a pushover.

Hola

I presume that is where you are Hilary?

Hi Hilary, hope you're having a good week.

edit - yes Harlosh, I agree, and I'm expecting some congestion at the least so I might just take a quick gain off the table soon. Will leave it until morning, perhaps with an oco in place.

Well I was wrong there - blew 8900 away no problem :-(

let 15% go at 1.8888

Hils....come back...you been at the screen all this time ....LOL

what do I do...hold for 1.9000 or cash in chips?
1.8915-20

all gone at 1.8910...it was a good run...I added as we went up...so quite happy..

and there is always tomorrow...

Now flat...

I am mindful that... 1.8900 is the old high...and that was the main reason I am out
Well done to all those that are still long...

and where is that Choccy..

My neighbour in Nelson Mandela Towers speaks Spanish, Harlosh.

:o)

I would say that cable has got further to run. The stochastics oscillator on my 4-hour chart points to further gains over the next week or so, although I agree that the 1-hour charts are starting to look a bit top heavy and you could well see a retracement or an unwinding first. I'm still targetting the 1.9030 to 1.9040 region as the channel top from the beginning of August.

It'll be interesting to see if it gets there.

thanks Hilary...keep in touch.. please ... lol

Am watching your posts. There's much more help here than on the main traders' board each day. Thanks all. Am managing to consistently make small profits on cable now, even though I'm not here every day - just took 29 on an oco with a limit at 899. As Hilary has said many times, it's a question of not putting the stops too close.

I'm out for now, went at 8902 +33 at about 6 pm. Going to be away tomorrow from early doors, back late. Now looking to next week.