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Cable Update (GBPUSD)

  • #47,681
  • Jan 2, 2008 2:42am Jan 2, 2008 2:42am
Quoting farzan
its snowing out here nice view isnt it?

Beautiful
"Invest With The Insiders, Not The Masses" George Muzea
  • #47,682
  • Jan 2, 2008 2:43am Jan 2, 2008 2:43am
Quoting forexguru
down cable down so I will buy you
Hi forexguru. sometimes I found it hard to understand your view of the market

Look here:
Quoting forexguru
nice that spike gave me a chance to short again
Since that spike, and call market gave +55pips-60pips. but you are now shouting buy again.
  • #47,683
  • Jan 2, 2008 2:46am Jan 2, 2008 2:46am
Quoting fxbroker
Hi forexguru. sometimes I found it hard to understand your view of the market

Look here:


Since that spike, and call market gave +55pips-60pips. but you are now shouting buy again.
exactly what i was thinking...........
  • #47,684
  • Jan 2, 2008 2:50am Jan 2, 2008 2:50am
Quoting forexguru
I bought already at 30's .. do not see to go lower
and


Quoting forexguru
down cable down so I will buy you
you are FUNNY!!!!.........
  • #47,685
  • Jan 2, 2008 2:50am Jan 2, 2008 2:50am
Quoting fxbroker
Hi forexguru. sometimes I found it hard to understand your view of the market

Look here:


Since that spike, and call market gave +55pips-60pips. but you are now shouting buy again.
market conditions today call for intraday trading, I took profit from short already.. now I am long
  • #47,686
  • Jan 2, 2008 2:52am Jan 2, 2008 2:52am
waiting at the station ,wondering
  • #47,687
  • Jan 2, 2008 2:53am Jan 2, 2008 2:53am
Quoting AmeriTrini
and




you are FUNNY!!!!.........

I make money with shorts and with long, if conditions allow like today.. but not everyday is the same
  • #47,688
  • Jan 2, 2008 2:55am Jan 2, 2008 2:55am
Quoting forexguru
I make money with shorts and with long, if conditions allow like today.. but not everyday is the same
you should know by now that some days prices will range up and down, and sometimes you should keep your long or short.. so simple as this
  • #47,689
  • Jan 2, 2008 2:58am Jan 2, 2008 2:58am
Quoting AmeriTrini
and




you are FUNNY!!!!.........
and if you are a good trader you should take advantage of ranging markets as well as trending markets
  • #47,690
  • Jan 2, 2008 3:09am Jan 2, 2008 3:09am
Quoting forexguru
and if you are a good trader you should take advantage of ranging markets as well as trending markets
glad you know that.
  • #47,691
  • Jan 2, 2008 3:10am Jan 2, 2008 3:10am
if break 1.09855 easily can reach 1.09915
  • #47,692
  • Jan 2, 2008 3:11am Jan 2, 2008 3:11am
Quoting nobleolagoke
I CLOSED MY LONG WITH 30 PIPS LOSS
WHEN SHOULD BE THE NEXT ENTRY POINT?
Man alive mate next time you place an order let me know so I can go opposite.
I think its going up but would like to buy a dip from here .My lower trend line could be broken so I would like it tested again. My only advise would be is try not to chase that 30 pips , I have before with disastrous effect (I’ve blown a few accounts up to date) and try to go in off some kind of line ,the older it is the better.

Also watch that 1.9666 level I really think its touching it this month I would prefer sooner rather than later so I can get a nice long.

I could be wrong though !!! It wouldnt be a first.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #47,693
  • Jan 2, 2008 3:18am Jan 2, 2008 3:18am
Quoting forexguru
you should know by now that some days prices will range up and down, and sometimes you should keep your long or short.. so simple as this
I know that... but i only stick to one direction either long or short for day trading. Buy from dip or sell from top.
Also i don't take advantage for every moves.
"Invest With The Insiders, Not The Masses" George Muzea
  • #47,694
  • Jan 2, 2008 3:22am Jan 2, 2008 3:22am
Quoting Qu|cksilver
I know that... but i only stick to one direction either long or short for day trading. Buy from dip or sell from top.
Also i don't take advantage for every moves.

I was short in the morning but then saw that price was retracing so took profit. When I saw longs broke fib level went long ... market will guide me what I will do in the specific day.
  • #47,695
  • Jan 2, 2008 3:23am Jan 2, 2008 3:23am
Quoting forexguru
and if you are a good trader you should take advantage of ranging markets as well as trending markets



Quoting forexguru
if break 1.09855 easily can reach 1.09915
How many times you get signals to buy and sell in 5mins. Maybe it is a hangover from yesterday.........

If I look at the time you call buy and sell, from your 30's to 70's
that is like 40pips

From spike 70's to 20's that is like 55pips
Total = 55 +40pips

I got lost in the other calls

Now you call sell, and market turned buys

so you should be hitting like 120pips
How are you doing? You are now more aggressive than FXdaily master
of scalping GBP/USD.
  • #47,696
  • Jan 2, 2008 3:24am Jan 2, 2008 3:24am
closed my long.. market sluggish.. will wait for next opportunity if any today...
  • #47,697
  • Jan 2, 2008 3:25am Jan 2, 2008 3:25am
Quoting forexguru
I was short in the morning but then saw that price was retracing so took profit. When I saw longs broke fib level went long ... market will guide me what I will do in the specific day.
I know thats your style.
But i think newbie will headache with your calls
Now you long later 30mins you short then long again then short again..
Newbie can't even investigate what you are doin
"Invest With The Insiders, Not The Masses" George Muzea
  • #47,698
  • Jan 2, 2008 3:25am Jan 2, 2008 3:25am
seems that this person would add to a losing position, when it should be otherwise.
  • #47,699
  • Jan 2, 2008 3:26am Jan 2, 2008 3:26am
Hello All,

I would like to give you a quick report that our first session of the "20/20" group led by "XLinvestor" was successful tonight. Officially, we even made 1/3 more pips than our target.

I will be posting specific details and numbers in a number of hours after I have them sorted. Individual results can vary (as did mine), as obviously each trader is responsible for his/her own executions, pip spreads etc.
  • #47,700
  • Jan 2, 2008 3:30am Jan 2, 2008 3:30am
Quoting AmeriTrini
seems that this person would add to a losing position, when it should be otherwise.
do not worry about me!

I keep my stop loss very tight , and I let my profits expand, today I had 3 losing positions 10, 7, and 3 pips each and earned 107 pips from my 6 winning positions .. so do not worry again about me

I trade since 5 years now, the most important in trading is money management than anything else.. this separates losers from winners
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