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Cable Update (GBPUSD)

  • #55,381
  • Feb 22, 2008 5:59am Feb 22, 2008 5:59am
damn it that upward moevment took out my stops! back in again tho
  • #55,382
  • Feb 22, 2008 6:01am Feb 22, 2008 6:01am
for what's worth it i'm short too

may cable have pity on our souls!
  • #55,383
  • Feb 22, 2008 6:04am Feb 22, 2008 6:04am
i am short from 9680 target 9620
  • #55,384
  • Feb 22, 2008 6:05am Feb 22, 2008 6:05am
i wanna see 1.9725, then im out. good luck
If I Go Broke Trying Then I Will die happy.
  • #55,385
  • Feb 22, 2008 6:06am Feb 22, 2008 6:06am
If E/U brakes 1.5 next week (not that I have any idea, but it's possible). It could take a lot more stops on large shorts..
On the path to Enrichment.
  • #55,386
  • Feb 22, 2008 6:07am Feb 22, 2008 6:07am
Quoting de123
i shall thank 2 bullrock,alserene, BWR,ash,etc,...to get this tread back on track...or hijaking the cable tread....it really distingishes ur posts then regular garbage,...9200, 9300, etc... ok now go long G/CHF, with 50 pip SL, tp 100pips...care to agree?
Thanks but the credit goes out to Bullrock, BWR, Allserene keeping this going and teaching everyone to look at the various angles. Also, yourself for popping in here from time to time.
Humble Lifetime Member
  • #55,387
  • Feb 22, 2008 6:11am Feb 22, 2008 6:11am
Quoting Genics
damn it that upward moevment took out my stops! back in again tho
They were too tight. We are going down.
.
  • #55,388
  • Feb 22, 2008 6:12am Feb 22, 2008 6:12am
yeh i but them just above the high of the day, made them a bit higher now. yeh looks like we going down but im starting at a loss due to those stops!
  • #55,389
  • Feb 22, 2008 6:13am Feb 22, 2008 6:13am
The GU 4h chart is a bit too hairy upwards... Thoughts? This is gonna tank or at least go down. IMHO.
.
  • #55,390
  • Feb 22, 2008 6:14am Feb 22, 2008 6:14am
Quoting Genics
yeh i but them just above the high of the day, made them a bit higher now. yeh looks like we going down but im starting at a loss due to those stops!
If you don't mind me asking, how much of your account did you place?
Humble Lifetime Member
  • #55,391
  • Feb 22, 2008 6:14am Feb 22, 2008 6:14am
Quoting Genics
yeh i but them just above the high of the day, made them a bit higher now. yeh looks like we going down but im starting at a loss due to those stops!
We are always learning.
.
  • #55,392
  • Feb 22, 2008 6:15am Feb 22, 2008 6:15am
Quoting Ash
If you don't mind me asking, how much of your account did you place?
was only 2 lots of 100k on a virtual acount, with 5k equity. 200:1 leverage. its a fxcm mini gbp acount
  • #55,393
  • Feb 22, 2008 6:16am Feb 22, 2008 6:16am
Tangled between the 4hr 200 ema and a 50% pivot fibo. Damm.
Attached Image (click to enlarge)
Click to Enlarge Name: charts.gif Size: 22 KB
Just Trade It
  • #55,394
  • Feb 22, 2008 6:19am Feb 22, 2008 6:19am
Quoting Genics
yeh i but them just above the high of the day, made them a bit higher now. yeh looks like we going down but im starting at a loss due to those stops!
position trading is where all the pips is at, how many pips do you shoot for on a trade?
If I Go Broke Trying Then I Will die happy.
  • #55,395
  • Feb 22, 2008 6:20am Feb 22, 2008 6:20am
Quoting de123
i shall thank 2 bullrock,alserene, BWR,ash,etc,...to get this tread back on track...or hijaking the cable tread....it really distingishes ur posts then regular garbage,...9200, 9300, etc... ok now go long G/CHF, with 50 pip SL, tp 100pips...care to agree?
Your welcome, we stopped Hijacking it when Bullrock came back.
THANKS ALOT BULLROCK, YOU TOOK ALL OF OUR FUN AWAY.

Now it looks like we are regulars again, we just need ceasarnc to come back to the darkside too.
Just Trade It
  • #55,396
  • Feb 22, 2008 6:22am Feb 22, 2008 6:22am
Quoting Big Wave Rider
Your welcome, we stopped Hijacking it when Bullrock came back.
THANKS ALOT BULLROCK, YOU TOOK ALL OF OUR FUN AWAY.

Now it looks like we are regulars again, we just need ceasarnc to come back to the darkside too.

Humble Lifetime Member
  • #55,397
  • Feb 22, 2008 6:23am Feb 22, 2008 6:23am
Quoting Big Wave Rider
Your welcome, we stopped Hijacking it when Bullrock came back.
THANKS ALOT BULLROCK, YOU TOOK ALL OF OUR FUN AWAY.

Now it looks like we are regulars again, we just need ceasarnc to come back to the darkside too.
. If you want I can go away to get back your fun.
.
  • #55,398
  • Feb 22, 2008 6:23am Feb 22, 2008 6:23am
Quoting Genics
was only 2 lots of 100k on a virtual acount, with 5k equity. 200:1 leverage. its a fxcm mini gbp acount
altho demo, you should never overleverage like that unles it's one of your homerun trades.
If I Go Broke Trying Then I Will die happy.
  • #55,399
  • Feb 22, 2008 6:23am Feb 22, 2008 6:23am
from were is it getting this momentum.
i mean if just jumped on my computer and saw technicals there would be no chance in hell i would long.
i mean its way overbought RSI 81--84 stochastics show overbought.
charts show a correction bound to happen plus its profit taking time.(end of week)
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #55,400
  • Feb 22, 2008 6:24am Feb 22, 2008 6:24am
Quoting Moe
position trading is where all the pips is at, how many pips do you shoot for on a trade?
not many, 40 or so pips out of a big move does me. Looking to do that daily tho
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