Replies to post #75841 on Simple's Green Room

[simplegreen]

That seems reasonable enough villas..it looks like Cable has run up about 190 pips from breakout point so about half that back down wouldnt be far fetched for a correction.Its still holding well at this point but it could definitely use a little profit taking dip IMO

[simplegreen]

BTW villas I'm also short from 1.6257 but looking to add if need be.Havent really seen an exhaustion candle yet so it may well have some more topside as it tries a triple top at 1.63 or so

[simplegreen]

villas...I have a limit short at 1.6295 now to add to the position...placed that order when I saw the continued strength in Cable...will continue to build this position as opportunity presents itself.Could have taken a few pips profit several times today but decided to work a position on this one given its technical condition.Still looking for that exhaustion candle then I'll take a nap(LOL)!

[simplegreen]

Whoaah! villas..the candle I have been talking about on Cable may have hit at 1.6285..we shall see.

[simplegreen]

Just for the heck of it I moved my next short down to 1.6285 on Cable...no big deal if wrong..I am building a position brick by brick.

[simplegreen]

Just moved my next short back to 1.6295...candles are still strong.