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Cable Update (GBPUSD)

  • #59,561
  • Mar 26, 2008 12:50pm Mar 26, 2008 12:50pm
I think he was in training all week and not trading, cause it he tried to short this every step of the way up with a tight stop, he could lose twice the pip gain, I know been there done that
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #59,562
  • Mar 26, 2008 1:07pm Mar 26, 2008 1:07pm
I always watching navin in here without do posting and what i can say when he start go for live, he lost his FMD...

Forex Mental Defense, the most crucial part.. it will be great if you can navin, find the hidden of your success while doing demo, yes its totally different since its real money that will drive your FMD level to negative point but u need to work properly on your system and capability of accepting the loss condition..

well IMHO, he can do better... let him focusing a lil bit with more relax.. he will be better...
  • #59,563
  • Mar 26, 2008 1:25pm Mar 26, 2008 1:25pm
Quoting Turveyd
I think he was in training all week and not trading, cause it he tried to short this every step of the way up with a tight stop, he could lose twice the pip gain, I know been there done that
if he had a wide stop mebe he could of end up breakeven, he took a beating his first week, i don't know if he can recover.
If I Go Broke Trying Then I Will die happy.
  • #59,564
  • Mar 26, 2008 1:27pm Mar 26, 2008 1:27pm
Quoting johnbaem
I always watching navin in here without do posting and what i can say when he start go for live, he lost his FMD...

Forex Mental Defense, the most crucial part.. it will be great if you can navin, find the hidden of your success while doing demo, yes its totally different since its real money that will drive your FMD level to negative point but u need to work properly on your system and capability of accepting the loss condition..

well IMHO, he can do better... let him focusing a lil bit with more relax.. he will be better...
agree, demo was so easy for him went live and shit change :surprised
If I Go Broke Trying Then I Will die happy.
  • #59,565
  • Mar 26, 2008 1:29pm Mar 26, 2008 1:29pm
he took the perfect week off, with a day like today he will realy be like
If I Go Broke Trying Then I Will die happy.
  • #59,566
  • Mar 26, 2008 1:51pm Mar 26, 2008 1:51pm
my actual view on cable.
the blue trendline has been broken yesterday (i posted a chart). however, at that time i did not expected that because the oscillators were strongly OB so first i took a short at 1.9985 yesterday... which was not a good idea, we all know what happened... BUT i left it open because the configuration strongly suggested price would come down to test the breakout area. the whole picture was way overbought to continue going up without a correction.
in the meantime, i took a long at the breakout. it went ok... until i had the surprise to see another big dip... but hey i closed my yesterday short , and then i took another long at what i thought was the bottom (at the test of that former blue trendline).
my SL is the first close on h4 below red trendline. my first TP is at that previous resistance, i'll probably close my first long and lock some pips on the second one.
it's probably the first & last time i'm doing this.
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Nihil Sine Deo.
  • #59,567
  • Mar 26, 2008 2:36pm Mar 26, 2008 2:36pm
Heres my view
1hour and 4 hour
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #59,568
  • Mar 26, 2008 3:34pm Mar 26, 2008 3:34pm
Is it just me or does Abuawad seem like the perfect trader?
  • #59,569
  • Mar 26, 2008 3:42pm Mar 26, 2008 3:42pm
:surprised.....Please stop it i can't hear
If I Go Broke Trying Then I Will die happy.
  • #59,570
  • Mar 26, 2008 3:47pm Mar 26, 2008 3:47pm
Quoting AmeriTrini
Is it just me or does Abuawad seem like the perfect trader?
That’s a high recommendation I’m honor to hear it from you my teacher
  • #59,571
  • Mar 26, 2008 3:49pm Mar 26, 2008 3:49pm
Quoting AmeriTrini
Is it just me or does Abuawad seem like the perfect trader?
i agree with u
i've been followed his lines since the 1st time he posted it
very helpfull expecially for beginer
  • #59,572
  • Mar 26, 2008 3:55pm Mar 26, 2008 3:55pm
(1) Short from 2.0040 to 2.0019 and keep shorting to 1.9935 (2,3) with 105 pip. Long from 1.9930 to … still open +164 and counting
Today: 269 pips
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  • #59,573
  • Mar 26, 2008 4:02pm Mar 26, 2008 4:02pm
HI ABUAWAD,

At present gbp/usd is at 2.0084, so you expect it to go down??? Thanks
  • #59,574
  • Mar 26, 2008 4:02pm Mar 26, 2008 4:02pm
Quoting Abuawad
(1) Short from 2.0040 to 2.0019 and keep shorting to 1.9935 (2,3) with 105 pip. Long from 1.9930 to … still open +164 and counting
Today: 269 pips
from 1.9930 to 2.0084 her i'll stop i can't take the commetion for keep my position for the next day
259 pip
  • #59,575
  • Mar 26, 2008 4:04pm Mar 26, 2008 4:04pm
Quoting sharon_gpl
HI ABUAWAD,

At present gbp/usd is at 2.0084, so you expect it to go down??? Thanks
i'm out now and believe me and everyone here know me simple "i don't know till the US session is over".
  • #59,576
  • Mar 26, 2008 4:29pm Mar 26, 2008 4:29pm
27-3-2008
Today is my 26 Birthday
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  • #59,577
  • Mar 26, 2008 4:50pm Mar 26, 2008 4:50pm
Quoting Abuawad
27-3-2008
Today is my 26 Birthday
Happy Birthday Nizar, at 26 my mind was far from the forex and closer to girls and partys
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #59,578
  • Mar 26, 2008 4:54pm Mar 26, 2008 4:54pm
Quoting Bones
Happy Birthday Nizar, at 26 my mind was far from the forex and closer to girls and partys
Thanks
  • #59,579
  • Mar 26, 2008 4:55pm Mar 26, 2008 4:55pm
Quoting Abuawad
27-3-2008
Today is my 26 Birthday
kul sana wa inta tayyeb ya akhee..
  • #59,580
  • Mar 26, 2008 5:08pm Mar 26, 2008 5:08pm
Quoting pino2
Long time I didn't post here on my favorite thread, I hope that everything is fine with you, now I have 3 open trades.
GBP/USD short triggered @ 2.0100 SL @ 2.0140 but I changed it to BE

GBP/JPY short triggered @ 201.00, I was lucky with this one, SL @ 202.00 but I changed it to BE, and another short @ 200.33 SL @ 201.00, I'm targeting below 190.00, I'm waiting for 196.60 to be broken followed by 192.60 to acheive my targets.
I changed my SL again for the GBP/USD to 2.0160, TP @ 1.9750

I added 2 pending orders for the EUR/USD
Sell EUR/USD 2 lots @ 1.5900 SL @1.6000 TP 1.5450 as 1st target, and will wait for the break of 1.5400 toreach my 2nd target 1.5250
On the otherside if this trade hits SL @ 1.6000 I placed a buy entry order @ this level 1.6000 with SL @ 1.5830 TP @ 1.6300
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