Monday, June 18, 2007

Cable @ 1.9850

I believe Cable's next 4HR close is very important as the last one has just reached the Line B of the channel shown in my yesterday's post. Watch price action at this juncture and make your own decision based on what you see.

6 comments:

Dropplan said...

Licking my wounds---went short. My bad... Bring on the next one!

Jim said...

EUR/USD, Beautiful Morning Star on the 4 Hr, (Pin Bar) could this be a buy to the outer trendline.

Jim

Jim said...

I followed you down the tubes, Dropplan. Hey Tam, where did we go wrong?

Jim

Tamkras said...

I lost here, too, and took some time to compare how the same juncture was shown at various brokers. I am going to show why FXDD was wrong and me, following them. My apologies.

Dropplan said...

Tam,
No need to apologize. I reviewed my trade and I missed some barriers to TP. We still make the final decision. Thanks

Jim said...

Tamara,

There is no need for apologize. We are just learning here. I thought it was a good trade or I wouldn't have taken it. Your guidence in helping us learn is something that very few people get and I am happy to recieve training from you. This is a part of trading and it comes with he territory. I know that and accept that. Dont know where Id be without your help. Thank you once again.

Jim