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:: Cable (GBPUSD) Trend Trading ::

  • #121
  • May 1, 2007 9:35am May 1, 2007 9:35am
The better than expected US ISM manufacturing index has helped depress it from earlier 12-day highs just shy of 2.0075. Buy interest is tipped at 1.9990, with some sell stops below 1.9985 (today"s Asian session base).
Do not focus on making money; focus on protecting what you have.
  • #122
  • May 1, 2007 9:43am May 1, 2007 9:43am
Quoting Why Oh Why
2.0063 SL 2.0097 TP 1.9994 Last 2.0025. The 30-min RSI is supported by a rising trend line.
Another 3 lots for 69 pips each so on the trade 317 pips. Buy Limit still O/S.
Do not focus on making money; focus on protecting what you have.
  • #123
  • May 1, 2007 9:44am May 1, 2007 9:44am
Quoting Why Oh Why
1.9935 SL 1.9835 TP 2.0510 Last 1.9945
Last 1.9996.
Do not focus on making money; focus on protecting what you have.
  • #124
  • May 1, 2007 9:51am May 1, 2007 9:51am
Quoting Why Oh Why
Last 1.9996.
The low this hour is 1.9975. The Buy Limit will not be moved. I get in at that price or not at all. Last 1.9990.
Do not focus on making money; focus on protecting what you have.
  • #125
  • May 1, 2007 10:16am May 1, 2007 10:16am
Quoting Why Oh Why
The better than expected US ISM manufacturing index has helped depress it from earlier 12-day highs just shy of 2.0075. Buy interest is tipped at 1.9990, with some sell stops below 1.9985 (today"s Asian session base).
Will it last? We'll see. Last 1.9994
Do not focus on making money; focus on protecting what you have.
  • #126
  • May 1, 2007 10:24am May 1, 2007 10:24am
Quoting Why Oh Why
The low this hour is 1.9975. The Buy Limit will not be moved. I get in at that price or not at all. Last 1.9990.
The Buy Limit showing in my terminal is 1.9975 not 1.9935. Either way it hasn't opened so the low here was 9976 or above. Checking why I went for that entry to see if I inputted the entry level wrong here or there.
Do not focus on making money; focus on protecting what you have.
  • #127
  • May 1, 2007 10:33am May 1, 2007 10:33am
Quoting Why Oh Why
1.9975 SL 1.9925 TP 2.0510 Last 2.0020

http://www.tradingcentral.com/chart/...0501095933.GIF

Terminal is correct and I was refering to the wrong post. So it's correct here also. Buy Limit remains at 1.9975 SL 1.9925 TP 2.0510. Last 1.9997. Entry missed by 1 pip.
Do not focus on making money; focus on protecting what you have.
  • #128
  • May 1, 2007 10:48am May 1, 2007 10:48am
Quoting Why Oh Why
Another 3 lots for 69 pips each so on the trade 317 pips. Buy Limit still O/S.
10 lots for 557 pips on the week. That's it from me today. Happy trading ladies and gentlemen. See you in 14 hours. Buy Limit remains O/S.
Do not focus on making money; focus on protecting what you have.
  • #129
  • May 1, 2007 11:14pm May 1, 2007 11:14pm
Quoting Why Oh Why
Terminal is correct and I was refering to the wrong post. So it's correct here also. Buy Limit remains at 1.9975 SL 1.9925 TP 2.0510. Last 1.9997. Entry missed by 1 pip.
Opened and open loss on 5 is currently 31 pips each.
Do not focus on making money; focus on protecting what you have.
  • #130
  • May 1, 2007 11:22pm May 1, 2007 11:22pm
1.9895 SL 1.9845 TP 1.9995 Last 1.9944.
Do not focus on making money; focus on protecting what you have.
  • #131
  • May 2, 2007 12:56am May 2, 2007 12:56am
Quoting Why Oh Why
Opened and open loss on 5 is currently 31 pips each.
Open loss 10 on 5. Last 1.9965.
Do not focus on making money; focus on protecting what you have.
  • #132
  • Edited 1:15am May 2, 2007 1:14am | Edited 1:15am

2.0023 Fib retracement (61.8%)
2.0007 Fib retracement (50%)
1.9991 Fib retracement (38.2%)
1.9948 Last
1.993 Intraday pivot point
1.989 Intraday support
1.9865 Intraday support

http://www.tradingcentral.com/chart/...0502074625.GIF

Do not focus on making money; focus on protecting what you have.
  • #133
  • May 2, 2007 1:19am May 2, 2007 1:19am
Catch you all later. Have a great day.
Do not focus on making money; focus on protecting what you have.
  • #134
  • May 2, 2007 1:56am May 2, 2007 1:56am
Nice, clear chart...thanks and bon apetit
Trading Levels with WRBs
  • #135
  • May 2, 2007 2:36am May 2, 2007 2:36am
Whyohwhy, I love following your thread and find it very helpful. May I just make one suggestion, can you number your trades so that it would be easier to follow when you change SL en TP or when you close positions.

That would help me big time. Only if its not to much work.

Also, where do you stay? I just wanna get a feel for your trading hours compared to mine

Thanks
  • #136
  • May 2, 2007 7:00am May 2, 2007 7:00am
Quoting Why Oh Why
1.9975 SL 1.9925 TP 2.0510 Last 2.0020
5 lots hit SL for loss of 250 pips.
Do not focus on making money; focus on protecting what you have.
  • #137
  • May 2, 2007 7:03am May 2, 2007 7:03am
Quoting Why Oh Why
1.9895 SL 1.9845 TP 1.9995 Last 1.9944.
20 pips on each of 5 lots. Last 1.9915.
Do not focus on making money; focus on protecting what you have.
  • #138
  • May 2, 2007 7:10am May 2, 2007 7:10am
Quoting Why Oh Why
5 lots hit SL for loss of 250 pips.
Salutes for your honesty. Keep the chin up man, with no losses comes no lessons. Your trades still looks sound.
Still waters run deep
  • #139
  • May 2, 2007 7:12am May 2, 2007 7:12am
Quoting Islander
Nice, clear chart...thanks and bon apetit
Your welcome my friend. Breakfast carried on in to lunch so I'm back a bit later that normal. The weather is just so great here I couldn't bring myself to come back inside.
Quoting Francois
Whyohwhy, I love following your thread and find it very helpful. May I just make one suggestion, can you number your trades so that it would be easier to follow when you change SL en TP or when you close positions.

That would help me big time. Only if its not to much work.

Also, where do you stay? I just wanna get a feel for your trading hours compared to mine

Thanks
Trades will be numbered now starting with number one on the next. I live in Europe and Asia. Most time is spent in Malta and France with a bit of Hong Kong. I am normally working out what's going on for my day a couple of hours before the London open. Then breakfast for a couple of hours. Check what's happening then lunch for three hours - sometimes shorter - with normally a few posts post around my close which coincides with London.

Great to have you here guys and thanks for the feedback.
Do not focus on making money; focus on protecting what you have.
  • #140
  • May 2, 2007 7:27am May 2, 2007 7:27am
Quoting barak
Salutes for your honesty. Keep the chin up man, with no losses comes no lessons. Your trades still looks sound.
Much appreciated. Ok on the week still though. And I hope to Profit Lock again on the O/S long soon. It's in profit now with a lower entry level. Last 1.925 with 30 open pips on each of 5 lots. In fact, as I write I have now exited 2 lots for 60 pips to bring the loss on the day down to 190.
Do not focus on making money; focus on protecting what you have.
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