Cable Update (GBPUSD)
- #42,802
- Dec 4, 2007 2:14am Dec 4, 2007 2:14am
- Joined Feb 2007 | Status: Trader | 2,428 Posts
Who short? come here with me eat all thier longs...
- #42,810
- Dec 4, 2007 2:25am Dec 4, 2007 2:25am
be [patient and smile change your s/l to 2.0644
If you check hourly, you will see the traditional candle sticks (railway slippers)
developing. Though you maybe right, but I think sell will prevail.
1. Euro session has achieved what it is designed to do ...fool traders.
2. There is no important news coming,
Thus it will be interesting after 9:30 GMT to see how the market will push
itself up without anything to react to.
- #42,813
- Dec 4, 2007 2:30am Dec 4, 2007 2:30am
If you check hourly, you will see the traditional candle sticks (railway slippers)
developing. Though you maybe right, but I think sell will prevail.
1. Euro session has achieved what it is designed to do ...fool traders.
2. There is no important news coming,
Thus it will be interesting after 9:30 GMT to see how the market will push
itself up without anything to react to.
i am only a scalper in gbp and know this pair behaviour is very strange and sometimes no relate with euro so i only make decision for earning good pips in maximum 2 hours and then exit the trend .today i earned 73 pips and i think its enough for gbp ... now its better for me go to oil....
- #42,814
- Dec 4, 2007 2:35am Dec 4, 2007 2:35am
Dear friend
i am only a scalper in gbp and know this pair behaviour is very strange and sometimes no relate with euro so i only make decision for earning good pips in maximum 2 hours and then exit the trend .today i earned 73 pips and i think its enough for gbp ... now its better for me go to oil....
- #42,815
- Dec 4, 2007 2:37am Dec 4, 2007 2:37am
Dear friend
i am only a scalper in gbp and know this pair behaviour is very strange and sometimes no relate with euro so i only make decision for earning good pips in maximum 2 hours and then exit the trend .today i earned 73 pips and i think its enough for gbp ... now its better for me go to oil....
good job on scalping.That is better to know you a scalper so that short-term long or position
trader don't have false hope of immediate uptrend.
This is what I said before that every one is right.
Everyone is right!
The difference is that some may wait throughout
today, without seeing their prediction coming thru.
they may even wait for more days.
Others may realize their predictions quickly and do
not know where to bank profits.
Others know exactly where to sell and bank;
buy and bank and in the same day.
Others know how to scalp every damn 1 pip
movement and bank them too.
- #42,816
- Dec 4, 2007 2:41am Dec 4, 2007 2:41am
Hehe ..i think it better if you stop now traing today you allready collected good points
and dont forget every day you are not winner
- #42,817
- Dec 4, 2007 2:42am Dec 4, 2007 2:42am
goodmorning! Open longYou do not have your own mind to think?
Please change your nick. You are not the guru here. Quicksilver is the real guru.
No one would listen to you here.
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- #42,819
- Dec 4, 2007 2:50am Dec 4, 2007 2:50am
I don't know what you're talking about. First you say long then 15min later you say short then long again.
Please change your nick. You are not the guru here. Quicksilver is the real guru.
No one would listen to you here.
Do you have a clue what forex and especially cable is all about? Forex is a dynamic market and trend can change in seconds.. I was long till the resistance line 2.074, from then on the price can continue or come back. Closed my position and enter an entry market order much lower at 2.0622 .. clear now? In fact I have entry order on 2.0679 so either way I am in when price stops to behave like crazy below these important levels.