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Cable Update (GBPUSD)

  • #56,401
  • Feb 27, 2008 5:07pm Feb 27, 2008 5:07pm
Quoting makey2u
i hope you guys took my advise on the sell at 9966 lol im really enjoying the ride. anyone else?
yes and the rest of the fantasists club who claim to sell on the very top pip and buy on the very bottom pip

you know who you are....
  • #56,402
  • Feb 27, 2008 5:13pm Feb 27, 2008 5:13pm
mmm, somehow hard to know which will be the weakest currency between
GBP and USD.

both are falling like crazy....just look how gbp is being smashed everywhere.
(except against usd at this moment)
  • #56,403
  • Feb 27, 2008 5:19pm Feb 27, 2008 5:19pm
Quoting Abuawad
I'm already with +55 pips
Well I’ll add other +16 pip to make the total +71 pips.
Just like the following:
Long 1.9875 to 1.9930 = 55 pip
Short 1.9835 to 1.9819 = 16 pip
  • #56,404
  • Feb 27, 2008 5:22pm Feb 27, 2008 5:22pm
28-2-2008
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Attached Image
  • #56,405
  • Feb 27, 2008 5:44pm Feb 27, 2008 5:44pm
Quoting allserene
yes and the rest of the fantasists club who claim to sell on the very top pip and buy on the very bottom pip

you know who you are....
mmm ,its a good job i know the truth Mike ,otherwise I might believe this guy
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #56,406
  • Feb 27, 2008 5:56pm Feb 27, 2008 5:56pm
So how to concur my fear of entering with the trend and stop my stupid top/bottom fishing ??

Any ideas ??

Going to devote 30mins to back testing charts and keep a little score sheet of profit amount / Stopped amount see if that will make my brain get outta bad habits.

My main fear is I fear the trends came to a end, but forex trends are strong, not a good chop trading too.

HELPPPPPPPPPPPPPPPPPPPP!!!!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #56,407
  • Edited 6:30pm Feb 27, 2008 6:04pm | Edited 6:30pm
Quoting allserene
yes and the rest of the fantasists club who claim to sell on the very top pip and buy on the very bottom pip

you know who you are....
Dude you still got it in for me eh? f*ck me.
Well Acid Guy and Bones know i told them to sell at that price before it even got there, if your gonna be a di*k about it why dont you check the time i posted it and then check the time it touched that price.

Quit being so arrogant and grow up. you think your tuff Sh*t.
And your mouth dropped
  • #56,408
  • Feb 27, 2008 6:08pm Feb 27, 2008 6:08pm
Makey, good call then, will add you to my Guru list so ignore them and keep your predictions coming pls
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #56,409
  • Feb 27, 2008 6:13pm Feb 27, 2008 6:13pm
Quoting Turveyd
Makey, good call then, will add you to my Guru list so ignore them and keep your predictions coming pls
hey man im not saying im great, but im a long term trader. will have pleasure helping you out anytime.
And your mouth dropped
  • #56,410
  • Edited 9:10pm Feb 27, 2008 6:20pm | Edited 9:10pm
Quoting makey2u
Dude you still got it in for me eh?.
Well Acid Guy and Bones know i told them to sell at that price before it even got there, if your gonna be a dick about it why dont you check the time i posted it and then check the time it touched that price.

Quit being so arrogant and grow up. you think your tuff Shit.

Hey, have you seen allserene's posts? Do you know that he's old enough for you to call him daddy? Have a little respect please!!
  • #56,411
  • Feb 27, 2008 6:27pm Feb 27, 2008 6:27pm
Quoting AmeriTrini
Hey, have you seen allserene's posts? Do you know that he's old enough for you to call him daddy? Have a little respect please!!
Let him have some respect for his "kids" no? i think i respect everyone that does disserve it, Ill respect you, because i have no reason not to, But if you keep indirectly bashing me. then sorry, daddy needs some thearpy.

I think the same would go for you Ameri if you were in a situtation as such.

i do apologise for the cursive let me edit them if i can*
And your mouth dropped
  • #56,412
  • Feb 27, 2008 6:34pm Feb 27, 2008 6:34pm
To be fair to Mike ,he is always honest about his losing trades why would he not be telling the truth now?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #56,413
  • Edited 9:01pm Feb 27, 2008 6:40pm | Edited 9:01pm
H&S on hourly chart on overbought on daily stochastic.. will we be seeing a south movement today??
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  • #56,414
  • Feb 27, 2008 6:40pm Feb 27, 2008 6:40pm
Thanks Makey Damn do I need it, sadly I'm a short term trader but I woulda held that enough.

Changing my system abit, rather than a 60min ( 1min chart ) SMA, slowed it off to 90min with my BB + Envelope ranges ( increase the Envelope range a touch to ).

Alot less fakes, easier to read, might aid confidence in trading the trend, rather than waiting for a reversal of it!!

Chart included, todays big down move viewed with my system!!

( most of the lines are based on 90sma, green line is 360sma ( 6hour ) )
Attached Image (click to enlarge)
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Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #56,415
  • Feb 27, 2008 6:43pm Feb 27, 2008 6:43pm
sorry for the oversize chart guys .. trying to figure out how to do the thumbnail..
  • #56,416
  • Feb 27, 2008 6:51pm Feb 27, 2008 6:51pm
Quoting Turveyd
Thanks Makey Damn do I need it, sadly I'm a short term trader but I woulda held that enough.

Changing my system abit, rather than a 60min ( 1min chart ) SMA, slowed it off to 90min with my BB + Envelope ranges ( increase the Envelope range a touch to ).

Alot less fakes, easier to read, might aid confidence in trading the trend, rather than waiting for a reversal of it!!

Chart included, todays big down move viewed with my system!!

( most of the lines are based on 90sma, green line is 360sma ( 6hour ) )
From what i saw there i see a possible quick up move with a correction downwards which i think its going to do.

I think in the longer run GU is gonna go up, but for the next couple days i dont see a reason why i shouldnt sell.
im still trying to find those reasons not too..
What frame is that BTW? 15min?

i rarely ever touch anything below 30min
And your mouth dropped
  • #56,417
  • Feb 27, 2008 6:52pm Feb 27, 2008 6:52pm
lol the page got ruined.
And your mouth dropped
  • #56,418
  • Feb 27, 2008 7:04pm Feb 27, 2008 7:04pm
1min chart, I like my detail, only way my SMA's work out accurately to, I've got a 15min chart to to spot the overview of whats happening, I've tried trading above 1min, but always comes back to 1min strangely.

Lets hope Thursday goes better than Wednesday, although @-20pips isn't the end of the world, but it's about 70 less than what i want per average day
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #56,419
  • Feb 27, 2008 7:09pm Feb 27, 2008 7:09pm
ive tride so many strats man, i used to be like that too, always lower frames i even got to the point of ticks and bought that retarded Rainbow Strat guid book and followed it to the pin.. the real games paitence and knowing your edge, once you get em both you got a flow, once you got the flow bro, your set to fly. Try different techniques on your exit and entries, remeber the market always goes to the same place twice or so for you to enter unless you get in at that 9966 call lol. those are different stories
And your mouth dropped
  • #56,420
  • Feb 27, 2008 7:26pm Feb 27, 2008 7:26pm
Well few bugs to iron out, been saying this for 3years although my stat's are looking better, -$1.50 per trade average recently, was running at -$11 not so long ago, also 47% wins up from 20% area LOL

1. when my system is screaming, resistance EXIT Take Profit/ trending wrong way, I should really do it and not hold and hope for more, 3 of my 4 losing trades I should walked away with profit / less of a loss.

2. abit more pateince on the entry for it to turn up, rather than trying to pick a bottom and trade off hope it turns again LOL ( with rule 1 when it turns again to soon )

3. STOP FIGHTING the trend, I was shorting the Eur on it's way up and going long GBP on it's way down, okay only after large moves to reverse pretty much, still suicide.

I'll get there, just hope it's SOON!!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
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