Quoting summitfxDislikedIt's called getting a life- I haven't made a trade for several hoursIgnored
Had to deal with a trade in at 32 for 3 hours today just bouncing in a 10 point range............
Happy trading
Rav
GBPUSD today 10 replies
Why is GBPUSD called cable? 66 replies
1D - GBPUSD 2 replies
What is the next resistance line on GBPUSD? 3 replies
GBPUSD Triangle 4 replies
Quoting summitfxDislikedIt's called getting a life- I haven't made a trade for several hoursIgnored
Quoting summitfxDislikedI use the rsi-new (posted) for my 21 and my 8ma is actually lwma and the rest seems to be correct. Try that and see what happens . I tried to post my template but it wouldn't allow me.Ignored
Quoting summitfxDislikedHi YasirYar,
You know you might want to trade a smaller time frame for a while. Get a few wins under your robe and you might gather some self confidence which is so very critical in this game. You need to step back and evaluate. Your posts have a high degree of frustration. Rather than anticipate the big picture why not follow an indicator or two and score some pips. Here is real simple one that I'm using to satisfy my need to pull the trigger. Just take 8-10 pips on each trade. Check it out. It's self explanatory. Study the candles. Master the patterns. Take a deep breath.Ignored
Quoting YasirYarDislikedhey summitfx.. yea that sounds cool.. i need anything to get me going.. while what u say is good.. i heard another person say using hourly and 4-h time charts have less stress?? so shud i still use 30 min chart like u said?? and ur using pivot levels for it right?? thanx budIgnored
Quoting summitfxDislikedThat's up to you. It depends on a number of factors. Everyone has an opinion but ultimately it's what works for you. Unless you have an oil well in your backyard you need to be concerned with money management and burning up your casholaIgnored
Quoting YasirYarDislikedtis true then.. but which method do u use?? also i wanted to know.. when it does go short.. can i use a stop loss of 35 and a trailing stop of 15.. coz i have a hunch its gonna go way down.. and consistently.. wt do u think??Ignored
Quoting Kev-KDislikedCURRENT GBP/USD 4-HR chart . . . waiting patiently. As a newbie, I need to have more confidence in this trade . . . looks like lots of downside . . . but there is the upside 1.9080 possibilty too!
Regards, Kev-K
http://picnac.com/images/694gbp-usd-4hr-25sep06.gifIgnored
Quoting ScottHDislikedHey bud, you drew your fib upside down, should be 0 at the top, and 100 at the bottomIgnored
Quoting raczekfxDislikedI posted my method for trading bago system in his thread last week. It relies on long term TLs to initiate position. It is kind of aggressive way of trading, but it works for me. I always thought, using 35pip stop on cable is suicidal, unless you're trading on 1min charts. I don't recall having used smaller stop then 55. Usually the higher timeframe, the larger stop would be.Ignored
Quoting FXopportunistDisliked?Ignored
Quoting YasirYarDisliked55 for a stoploss for GBP?>? yea well i kinda noticed.. when i used 35 pip stop on a 1 hr for GBP i usually got stopped out.. thanx a lot manIgnored
Quoting YasirYarDislikeddude.. i just wanted to know.. which fib level is more important.. 23.6 or 38.2.. i was under the impression that its 38... untill currencies starts using 23.6 lately.... thanx..Ignored
Quoting BurgerKingDislikedWhats your reason for shorting GBPUSD?
Was it becasue of the triangle on H1 chart? Seems like trying to break through 1.9000 for the past few candles...Ignored
Quoting NipthePipsDislikedJust shorted GBPUSD too...what price did you short at? When do you expect it to reach your first AIM?Ignored