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Cable Update (GBPUSD)

  • #68,781
  • Jun 2, 2008 10:03pm Jun 2, 2008 10:03pm
Quoting scyang
Could you pleaes explain your reason for going long?
yes, i just follow my system, my system was pre-program 5 years ago by me, so why is it telling me to go long i have no clue because it's pre-program, so it base on a reason that i program 5 years ago. i't have great success rate, so i don't worry when i take a loss, follow the system and don't get emotional.
If I Go Broke Trying Then I Will die happy.
  • #68,782
  • Jun 2, 2008 10:06pm Jun 2, 2008 10:06pm
Quoting FxChi
Doesn't matter bud if you're right or wrong. As long as equity mgmt is fine you're in the clear. From the looks of RR though, 60 pip risk for 170 reward is very good. 1.9700 will be tough, but it looks like you're trying to play the gap being filled...hope it works out for you. By the way, would like to learn why you're long shooting for 1.9790.
not playing the gap i played that yesterday for 34 pips, now im just going with the system.
If I Go Broke Trying Then I Will die happy.
  • #68,783
  • Jun 2, 2008 10:07pm Jun 2, 2008 10:07pm
Quoting warta
sup moe

am not sure for short but 605 area could be a buy place , lets see
sup warta
If I Go Broke Trying Then I Will die happy.
  • #68,784
  • Jun 2, 2008 10:08pm Jun 2, 2008 10:08pm
Quoting primzvicious
Watchout 1.9560 area is 100% fibonacci if using daily closing graph (not candle stick)
If I Go Broke Trying Then I Will die happy.
  • #68,785
  • Jun 2, 2008 10:11pm Jun 2, 2008 10:11pm
Closed 1 short ( a bit early ) for -4 instead of BE.

But earlier scalped long trades early asian session more than made up for this small loss.

Now have long trades going for 1.9698 for a C = A

or to 1.9750 @ FE 161.8
  • #68,786
  • Jun 2, 2008 10:12pm Jun 2, 2008 10:12pm
Quoting Moe
we will retest the 600 area
its my view not a call
  • #68,787
  • Jun 2, 2008 10:18pm Jun 2, 2008 10:18pm
Quoting warta
we will retest the 500 area
its my view not a call
If I Go Broke Trying Then I Will die happy.
  • #68,788
  • Jun 2, 2008 10:19pm Jun 2, 2008 10:19pm
Quoting Moe

correction 600 haha
  • #68,789
  • Jun 2, 2008 10:21pm Jun 2, 2008 10:21pm
Quoting Moe
short could be in play if it breaks 9580
i will be watching
If I Go Broke Trying Then I Will die happy.
  • #68,790
  • Jun 2, 2008 10:27pm Jun 2, 2008 10:27pm
Quoting warta
correction 600 haha
If I Go Broke Trying Then I Will die happy.
  • #68,791
  • Jun 2, 2008 10:34pm Jun 2, 2008 10:34pm
Longs in play and I don't think Halifax news would come out in this session so from now until the end of the first hour of London Session will have a way to take the cable up and I think E/U is going up so Cable will also go up.
  • #68,792
  • Jun 2, 2008 11:07pm Jun 2, 2008 11:07pm
i wonder how navin doing
If I Go Broke Trying Then I Will die happy.
  • #68,793
  • Jun 2, 2008 11:13pm Jun 2, 2008 11:13pm
Quoting Moe
i wonder how navin doing
y???
wat happened to him???
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #68,794
  • Jun 2, 2008 11:16pm Jun 2, 2008 11:16pm
Quoting Moe
i wonder how navin doing

moe i told you will retest the 600 area
any breakout here will take this pair to the toilet
  • #68,795
  • Jun 2, 2008 11:18pm Jun 2, 2008 11:18pm
Quoting warta
moe i told you will retest the 600 area
any breakout here will take this pair to the toilet
i agree, becareful guys holding long, don't do what i do or your account will explode
If I Go Broke Trying Then I Will die happy.
  • #68,796
  • Jun 2, 2008 11:20pm Jun 2, 2008 11:20pm
Quoting Moe
i agree, becareful guys holding long, don't do what i do or your account will explode
hedge your position bro
  • #68,797
  • Jun 2, 2008 11:20pm Jun 2, 2008 11:20pm
Quoting salah k.
y???
wat happened to him???
If I Go Broke Trying Then I Will die happy.
  • #68,798
  • Jun 2, 2008 11:20pm Jun 2, 2008 11:20pm
salllllll wasup bro
  • #68,799
  • Jun 2, 2008 11:24pm Jun 2, 2008 11:24pm
Quoting warta
hedge your position bro
i don't do nothing thats not part of my system, best thing for me to do is jump out at 9583. net loss will be -3 pips take into account my 34 pips from yesterday.
If I Go Broke Trying Then I Will die happy.
  • #68,800
  • Jun 2, 2008 11:25pm Jun 2, 2008 11:25pm
Quoting Moe
i don't do nothing thats not part of my system, best thing for me to do is jump out at 9583. net loss will be -3 pips take into account my 34 pips from yesterday.

gr8 job bro i think long will be welcome as this pair failed to break the 600
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