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Cable Update (GBPUSD)

  • #26,901
  • Aug 26, 2007 6:16pm Aug 26, 2007 6:16pm
Quoting AhmedFouad
We should send complaints to Oanda, to reduce their spreads from 3 hours ago or something.

The movement is so huge. They should treat this time as regular market condition.
odl 3 pip spread never widen's
If I Go Broke Trying Then I Will die happy.
  • #26,902
  • Aug 26, 2007 6:34pm Aug 26, 2007 6:34pm
Just banked more partials from Friday here... Cracking a big figure right now? Too crazy...

SL lifted securing +250 in each remaining tiny trades.
  • #26,903
  • Aug 26, 2007 6:43pm Aug 26, 2007 6:43pm
Quoting cesarnc
Just banked more partials from Friday here... Cracking a big figure right now? Too crazy...

SL lifted securing +250 in each remaining tiny trades.

Congrats......keep the long train going........
  • #26,904
  • Aug 26, 2007 6:47pm Aug 26, 2007 6:47pm
Quoting Turtle
Congrats......keep the long train going........
I was planning to bank at open, but decided to let them roll... M15, H1, H4 are blown up already... Some retracement is coming until Frankfurt...

I want a better price to get back in long.

But as long as Aussie is fuelled, not a chance...
  • #26,905
  • Aug 26, 2007 6:50pm Aug 26, 2007 6:50pm
Quoting cesarnc
I was planning to bank at open, but decided to let them roll... M15, H1, H4 are blown up already... Some retracement is coming until Frankfurt...

I want a better price to get back in long.

But as long as Aussie is fuelled, not a chance...
Let's see what the Asian session shows us, I would love a nice retracement tonight to set up another long........
  • #26,906
  • Aug 26, 2007 7:27pm Aug 26, 2007 7:27pm
woooaahhh man, I just woke up and the beast is flying high as usual.

DANNNGGGG, I wonder how my morning(IN) would be if I had seriously gone short from 2.0050 as I wanted to, lolz, even this thought can make me shit my pants. Feel like a poor stupid guy.

This market has every wit to pull back the money we make IF we are not good and disciplined. I really gotta be serious, my timings don't seem to working really great at the moment.

need more patience n discipline, waiting eagerly to see some retrace in the Asian morning. If there is no retrace at all, it can keep flying high, my speculation.
Hello World!
  • #26,907
  • Aug 26, 2007 7:37pm Aug 26, 2007 7:37pm
Quoting de123
when ur brokers recomends such things, then its a clear buy, do u watch yen crosses, in 2 days they will be 300 pips above current levels...i longed the aussy, enough for today,....tomorow next yen crosses...
what if your broker is e.f.hutton?
  • #26,908
  • Aug 26, 2007 7:42pm Aug 26, 2007 7:42pm
Quoting cesarnc
I was planning to bank at open, but decided to let them roll... M15, H1, H4 are blown up already... Some retracement is coming until Frankfurt...

I want a better price to get back in long.

But as long as Aussie is fuelled, not a chance...
I thought you never hold a position over the weekend never have never will? hmm
  • #26,909
  • Aug 26, 2007 8:17pm Aug 26, 2007 8:17pm
Quoting 59fender
I thought you never hold a position over the weekend never have never will? hmm
markets change, people change, trades change, I change. Don't you change? ohh you should....
  • #26,910
  • Aug 26, 2007 8:44pm Aug 26, 2007 8:44pm
Im going short.. what do you guys think? any comments?
"Invest With The Insiders, Not The Masses" George Muzea
  • #26,911
  • Aug 26, 2007 8:53pm Aug 26, 2007 8:53pm
Quote
Im going short.. what do you guys think? any comments?

At least ain't gonna comment, my views been having real hard time lately, right now I'm just playing with my pennies and cents(scalping both directions) trying to sharpen my hedging skills, might take serious positions around London morning if I come across an opportunity.
Hello World!
  • #26,912
  • Aug 26, 2007 8:56pm Aug 26, 2007 8:56pm
Quoting ClockTrader
A...right now I'm just playing with my pennies ...
lol, i thought you said something else.
  • #26,913
  • Aug 26, 2007 9:51pm Aug 26, 2007 9:51pm
Quote
lol, i thought you said something else.

Man, I still don't have the balls to take any serious positions, my bad :-(

just playing n scalping with very small fractions of my capital, neither profit nor loss would affect me, but helps sharpen skills. Eagerly awaiting for London morning.
Hello World!
  • #26,914
  • Aug 26, 2007 9:58pm Aug 26, 2007 9:58pm
Quoting ClockTrader
Man, I still don't have the balls to take any serious positions, my bad :-(

just playing n scalping with very small fractions of my capital, neither profit nor loss would affect me, but helps sharpen skills. Eagerly awaiting for London morning.
emotion and money don't mix.
If I Go Broke Trying Then I Will die happy.
  • #26,915
  • Aug 26, 2007 10:23pm Aug 26, 2007 10:23pm
Quote
emotion and money don't mix.

I totally agree man, but, did I sound like that ? If my kaizen strategy works, I may position soon.
Hello World!
  • #26,916
  • Aug 27, 2007 12:31am Aug 27, 2007 12:31am
The signs that I had on Friday at market close brought cable today to 2.0190, (60 pips up), that's why I asked people why they went short, since I had a clear upward signs, but now there is an uncertain signs for going down, that's what I can see right now, I closed my running long trades
1.9870 @ 2.0154 (284 pips)
1.9904 @ 2.0154 (250 pips)
I missed the chance to close them at better prices
Now I don't have any open trades, will wait and see what to do next
  • #26,917
  • Aug 27, 2007 1:08am Aug 27, 2007 1:08am
just got off the phone with an old friend, he told me last week he went on an interview with a prop trading firm in new york this firms has 18 traders he said he notice this one trader came in with two big guys and 3 other guys who was carrying his computer, monitor and all so he ask the guy that was giving the tour of the firm what was going on and the guy told him that is the biggest trader at this firm he makes more money then any trader at the firm and get's the biggest bonus, and those two big guys was his bodyguards they stand outside his door the whole time he's at the firm, to guard his computer and he don't leave for lunch it brought to the office and when he leaves everynight he takes the whole damn computer home this is to protect his trading system other traders or envy of him there's only one person who has the key to his office and guess who himself he has special lock's on the door and doesn't talk to nobody, shit sounds crazy don't it. b.t.w. this is a fx prop trading firm, this guy must got one hella of a system.
If I Go Broke Trying Then I Will die happy.
  • #26,918
  • Aug 27, 2007 1:19am Aug 27, 2007 1:19am
Quoting pino2
The signs that I had on Friday at market close brought cable today to 2.0190, (60 pips up), that's why I asked people why they went short, since I had a clear upward signs, but now there is an uncertain signs for going down, that's what I can see right now, I closed my running long trades
1.9870 @ 2.0154 (284 pips)
1.9904 @ 2.0154 (250 pips)
I missed the chance to close them at better prices
Now I don't have any open trades, will wait and see what to do next
wow..... more than 600 pips from 2 trades... congrats bro...
i'm waiting for your next signal...
thx in advance..
"Live is for living not for working"
  • #26,919
  • Aug 27, 2007 1:20am Aug 27, 2007 1:20am
Quoting Moe
just got off the phone with an old friend, he told me last week he went on an interview with a prop trading firm in new york this firms has 18 traders he said he notice this one trader came in with two big guys and 3 other guys who was carrying his computer, monitor and all so he ask the guy that was giving the tour of the firm what was going on and the guy told him that is the biggest trader at this firm he makes more money then any trader at the firm and get's the biggest bonus, and those two big guys was his bodyguards they stand outside his door the whole time he's at the firm, to guard his computer and he don't leave for lunch it brought to the office and when he leaves everynight he takes the whole damn computer home this is to protect his trading system other traders or envy of him there's only one person who has the key to his office and guess who himself he has special lock's on the door and doesn't talk to nobody, shit sounds crazy don't it. b.t.w. this is a fx prop trading firm, this guy must got one hella of a system.
At this kinda days?? If he's rich and get lots of bonus... GET A LAPPIE.. it will save time, cost and spaces..

But im wondering whats inside his computer also... will LMAO if the "holy grail" system turns out just something simple like ma crosses, turtles or james' PA with super money management.
  • #26,920
  • Aug 27, 2007 1:21am Aug 27, 2007 1:21am
Quote
I closed my running long trades

:-)
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