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Cable Update (GBPUSD)

  • #64,441
  • May 7, 2008 3:43am May 7, 2008 3:43am
Quoting Malaysia
Cable Target 161.8% Fibbo EXTENSION reached!!! Took out all my floating profit on CABLE and FIBER. Alhamdulillah

Banked In more than USD7000.00 What kind of job that pays that much for half a day working.

I'm done for today. Cheeriooo

welldone hopefully one day i shall join u ..great job buddy
  • #64,442
  • May 7, 2008 3:46am May 7, 2008 3:46am
Quoting Malaysia
Cable Target 161.8% Fibbo EXTENSION reached!!! Took out all my floating profit on CABLE and FIBER. Alhamdulillah

Banked In more than USD7000.00 What kind of job that pays that much for half a day working.

I'm done for today. Cheeriooo
Premiership footballer!
Trading is 80% Emotional, 20% Technical
  • #64,443
  • May 7, 2008 3:49am May 7, 2008 3:49am
Quoting scyang
Good for you, Malaysia! How much do you put in in orddr to get USD7000!! You are a big gambler. Anyway, I am afraid that cable will come back up in a few minutes. It seems like it always does that. When the bad news from the UK is first release, cable plummets. Then it climbs steadily, only to decline much later, 8-12 hours later. I am not sure why.
well it all depend on his account size and he is experienced trader..its great to see people making money it shows that the hard work can pay off and i find it inspirational..
  • #64,444
  • May 7, 2008 3:52am May 7, 2008 3:52am
Quoting nAVIN2007
well it all depend on his account size and he is experienced trader..its great to see people making money it shows that the hard work can pay off and i find it inspirational..
Malaysia is certainly inspiring. With all the mistakes that I have made, I feel like there is still hope I can continue to learn and get better and eventually be experienced like him. After all, I have only started this 3 months ago.
Expected the unexpected
  • #64,445
  • May 7, 2008 3:53am May 7, 2008 3:53am
Quote
Cable Target 161.8% Fibbo EXTENSION reached!!! Took out all my floating profit on CABLE and FIBER. Alhamdulillah

Banked In more than USD7000.00 What kind of job that pays that much for half a day working.

I'm done for today. Cheeriooo


his chart shows it 50 minilots at 136pips = $6800 and that was only on the cable, and in the few pips for the eruo, and your over $7k

nice trade, mine is simular though only 15 minilots
  • #64,446
  • May 7, 2008 3:53am May 7, 2008 3:53am
Absolutely, grow your account little by little and while this is happening you will be allowed to trade bigger sizes risking the same % per trade. And then the account will grow very quickly.

Decide on your rules and stick to them every single time.
The quality of your life is brought about by the quality of your thinking.
  • #64,447
  • May 7, 2008 3:58am May 7, 2008 3:58am
well congrats to win...now its show time...
its just money
  • #64,448
  • May 7, 2008 4:26am May 7, 2008 4:26am
[quote=hornet;1987896]
Decide on your rules and stick to them every single time.[/quote]

This is most important. Everytime I deviate from my rules I loose money, and yet some times I do! go figure
  • #64,449
  • May 7, 2008 4:28am May 7, 2008 4:28am
Can anybody see GU going down againto 1.9547
  • #64,450
  • May 7, 2008 4:32am May 7, 2008 4:32am
[quote=Runway Trade;1987952]
Quoting hornet
Decide on your rules and stick to them every single time.[/quote]

This is most important. Everytime I deviate from my rules I loose money, and yet some times I do! go figure
its true ....trend is yur trend..and the trend is down yet all i seem to be doing is buying ...lol ....im a nutcase it seems following rules isnt easy ....lol
  • #64,451
  • May 7, 2008 4:41am May 7, 2008 4:41am
Its just a wave, guys. Its following a verynice pattern on the 5 Min moving away from the 89. I dont believe it is finished yet, its just tired and with those numbers I would expect it to go farther down.

Jim
Attached Image (click to enlarge)
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  • #64,452
  • May 7, 2008 4:46am May 7, 2008 4:46am
Yhank you Bones for turning me on to this 1 Hr chart. I was having ecellent results trading with hust the 5,15 and 4 Hr. Now I am getting longer termquick entries on the 1 Hr. Like the Tweezer Tops and the Red spinners told me this was heading down last night, I loaded up with 2 lots and let her ride.

Thanks again, Bones
Attached Image (click to enlarge)
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  • #64,453
  • May 7, 2008 4:53am May 7, 2008 4:53am
Any comments on whether anyone thinks we will break the Daily UTL??
Attached Image (click to enlarge)
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  • #64,454
  • May 7, 2008 5:02am May 7, 2008 5:02am
Nice 11 EMA bounce, lets see if it carries thru.
Attached Image (click to enlarge)
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  • #64,455
  • May 7, 2008 5:10am May 7, 2008 5:10am
if this breaks which im expecting it to 1.9430 i have around there to place a buy ...any comments ..?
  • #64,456
  • May 7, 2008 5:14am May 7, 2008 5:14am
Dont think it will make it, may be some retracement money on the table though.
  • #64,457
  • May 7, 2008 5:16am May 7, 2008 5:16am
Think shes tired Nav, but you never know, its testing the back of S2 Pivot. Lets see if we get a bounce. I puuled all my profit, wont enter short until 9546 is broke. Its a shame you guys dont trade the E/J, it just formed a double top on the 4 Hr

Quoting nAVIN2007
if this breaks which im expecting it to 1.9430 i have around there to place a buy ...any comments ..?
  • #64,458
  • May 7, 2008 5:28am May 7, 2008 5:28am
Quoting hard1head1
Think shes tired Nav, but you never know, its testing the back of S2 Pivot. Lets see if we get a bounce. I puuled all my profit, wont enter short until 9546 is broke. Its a shame you guys dont trade the E/J, it just formed a double top on the 4 Hr

i need more experience .....trading other currencies
we also have the weekly pivot arond the s level less than 5 pip difference..still waiting for a signal to go long maybe...

channel on 4 hr is touched also now ..so dunno what to do yet..
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  • #64,459
  • May 7, 2008 5:30am May 7, 2008 5:30am
Have patience, let it come to you. It will. If it breaks my 5 Min DTL, I will trade it long with smaller lots.

Jim

Quoting nAVIN2007
i need more experience .....trading other currencies5
we also have the weekly pivot arond the s level less than 5 pip difference..still waiting for a signal to go long maybe...

channel on 4 hr is touched also now ..so dunno what to do yet..
  • #64,460
  • May 7, 2008 5:33am May 7, 2008 5:33am
It just formed a higher low on the 15
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