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Cable Update (GBPUSD)

  • #58,961
  • Mar 19, 2008 10:40am Mar 19, 2008 10:40am
i couldnt take it ....i came out -£-1.77

fu*k man eveytime i cant money i lose at the end of the day ....
  • #58,962
  • Mar 19, 2008 10:43am Mar 19, 2008 10:43am
I moved my SL to 20 pips from open and I'll be still a winner if GU shoot up today, and I call it a day...(already????)

My TP is @ 1.9815 and my Pending Order Short @ 1.9830 is canceled (no additional risk).

I need to go, and I must not feel uneasy leaving the market.

Happy Trading all......^^
  • #58,963
  • Mar 19, 2008 10:45am Mar 19, 2008 10:45am
Quoting makey2u
Naww man 13 - 14, i never resided in portugal, my home lands in toronto, remeber.. Jose Mourinho?. he sucked lol. nuff said.

anyways i came to back to canada because of school, and was locked into with edmundos Soccer team, a portuguese club, and an underground league.
And then irelanders saw my play and took me in, and then i played with them for 2 years, now what sucks is i wont be able to paly at all now, i wanted to play for toronto, i kicked there asses 8 - 2. and it wasnt practise! haha i have a partner i play with me and him know what we both do perfectly.
Oh ok. Hope you get better to play again. I am not a fan of Porto team, i support SLBenfica
Good trades to you!
  • #58,964
  • Mar 19, 2008 10:45am Mar 19, 2008 10:45am
Navin, welcome to my world also !!!!

Interesting isn't it, the move from Demo to Live is quite strange it just forces you to trade safer which actually ends up being worse.

But you haven't blown your account yet, your doing well
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #58,965
  • Mar 19, 2008 10:45am Mar 19, 2008 10:45am
Hello traders,
Well I hope you guys are making money here. This pair is so predictable that we could said, "easy money". BUT, becareful, this is forex, the most risky market in the world.

Here is my Pattern analysis 4H chart.

For those whom were following the Gartley 1D, is already moving to 61% from leg D down to 61%.
Attached Image (click to enlarge)
Click to Enlarge Name: GBP-USD Head & Shoulder Pattern march 19-2008.png Size: 29 KB
  • #58,966
  • Mar 19, 2008 10:53am Mar 19, 2008 10:53am
@ Navin Hey man, what type of account are you on, spread bet or standard FX.
The customer is always right!
  • #58,967
  • Mar 19, 2008 10:53am Mar 19, 2008 10:53am
Quoting Turveyd
Navin, welcome to my world also !!!!

Interesting isn't it, the move from Demo to Live is quite strange it just forces you to trade safer which actually ends up being worse.

But you haven't blown your account yet, your doing well
dude its scary and crazy ..everytime i make money at the end i somehow lose it ...i still have my equity but im down -£1.77...F**K!!!!!!
I just cant believe it ..and i just found out i have a margin of 200...that mean if i lose £200 on any trade i out of the position..thats a bit unfair...or can it mean something else...

the only reason i have a account still is because im so scard of lossing it ...it finishing me off!!! and money management also..
  • #58,968
  • Mar 19, 2008 10:56am Mar 19, 2008 10:56am
Quoting Pipfox
@ Navin Hey man, what type of account are you on, spread bet or standard FX.
standard fx
  • #58,969
  • Mar 19, 2008 10:59am Mar 19, 2008 10:59am
Quoting Carrera
Hello traders,
Well I hope you guys are making money here. This pair is so predictable that we could said, "easy money". BUT, becareful, this is forex, the most risky market in the world.

Here is my Pattern analysis 4H chart.

For those whom were following the Gartley 1D, is already moving to 61% from leg D down to 61%.
nice one buddy i was wondering why we didnt go up that explains it ...if this ppattern wasnt there im sure we would have gone up ..
  • #58,970
  • Mar 19, 2008 11:01am Mar 19, 2008 11:01am
Quoting fdowtf
I moved my SL to 20 pips from open and I'll be still a winner if GU shoot up today, and I call it a day...(already????)

My TP is @ 1.9815 and my Pending Order Short @ 1.9830 is canceled (no additional risk).

I need to go, and I must not feel uneasy leaving the market.

Happy Trading all......^^
i think it will only go to max to 1.9840 today based on a fib extension of the week. what a massive drop yay!
  • #58,971
  • Mar 19, 2008 11:03am Mar 19, 2008 11:03am
Ok Mike you win today ,lol,I sold the break of 1.9933 target 1.9790
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #58,972
  • Mar 19, 2008 11:08am Mar 19, 2008 11:08am
thx the lord ...i just made a fiver ......wooooooooohooooooooo!!!!!
back in credit ......yeeeeeeeeeeeehighhhhhhhhhhhh!!!! Im back ...lol
  • #58,973
  • Mar 19, 2008 11:09am Mar 19, 2008 11:09am
how do you lot control yoursel when it comes to taking profit ?
  • #58,974
  • Mar 19, 2008 11:09am Mar 19, 2008 11:09am
Navin, thats not how the margin works RELAX!!!

If your account drops to £200 well £199.99 or below then your stopped out and you need £200 per every lot you trade ( might be every $1 lot 0.1 if so $2000 required to trade at $10 per pip )

Yep Real money adds scarey, adds emotions, adds fear ='s disaster sadly.

But get your account blown 2 or 3 times like the rest of us, then you can join our club and we'll share with you the secrets
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #58,975
  • Mar 19, 2008 11:14am Mar 19, 2008 11:14am
no NAV ur not gonna get ur account blown
u have great money management and this is just a bump in the road
dont worry dude im sure u will brake that principle

not every1 has to blow their account
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #58,976
  • Mar 19, 2008 11:16am Mar 19, 2008 11:16am
Quoting salah k.
no NAV ur not gonna get ur account blown
u have great money management and this is just a bump in the road
dont worry dude im sure u will brake that principle

not every1 has to blow their account
thx bro ....but i am wondering what the hell is going on ..
im out of this one ...as its a blind trade any entery now would be suicide so i went in got 10 pips flexed out fast b4 it went ..LOL

THE PRICE JUST LICKED THE 365 EMA ..
  • #58,977
  • Mar 19, 2008 11:21am Mar 19, 2008 11:21am
Quoting nAVIN2007
thx bro ....but i am wondering what the hell is going on ..
im out of this one ...as its a blind trade any entery now would be suicide so i went in got 10 pips flexed out fast b4 it went ..LOL
no bro this move is mostly fundamentaly driven
their are good news for home sales in USA plus dollar is rebounding plus UK inflation is moderating

technically it was a grey area but fundamentals triggered this south movement(personally i think it is overstretched although i like it)

but believe me ur analysis is gr8 but keep bloomberg on

i mean gold since friday has fallen more than 90 dollars.
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #58,978
  • Mar 19, 2008 11:26am Mar 19, 2008 11:26am
Thin cable is going to back 980
  • #58,979
  • Mar 19, 2008 11:27am Mar 19, 2008 11:27am
Quoting salah k.
no bro this move is mostly fundamentaly driven
their are good news for home sales in USA plus dollar is rebounding plus UK inflation is moderating

technically it was a grey area but fundamentals triggered this south movement(personally i think it is overstretched although i like it)

but believe me ur analysis is gr8 but keep bloomberg on

i mean gold since friday has fallen more than 90 dollars.
but u see technially .....i doubt we even noticed the head n shoulders, if i did then id be short from the neck line too...
now the guys in banks n shit (big boys) saw this head n shoulders ...and all sold.....i think its all in te chart it just depends on what u focus on ..result i think on chart lead to same as fundies

this was the home run i missed all beacause i ws so involved in going up ....
  • #58,980
  • Mar 19, 2008 11:29am Mar 19, 2008 11:29am
Quoting nAVIN2007
but u see technially .....i doubt we even noticed the head n shoulders, if i did then id be short from the neck line too...
now the guys in banks n shit (big boys) saw this head n shoulders ...and all sold.....i think its all in te chart it just depends on what u focus on ..result i think on chart lead to same as fundies
bro may i ask wat changed ur mind i mean yesterday we talked about this

we actually saw 9800 area

wat changed ur mind

i mean ur charts and mine were calling bearish
"what doesn't bankrupt me, makes me stronger" modern nietzche
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