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Cable Update (GBPUSD)

  • #72,521
  • Jun 26, 2008 1:58am Jun 26, 2008 1:58am
Quoting Runway Trade
One thing I have learned lately (cost me about 200 pips) DONT make/look for a trade, the trade will come to you when all is aligned! Just be patient, it will come.

I had this idea that I must make 20pips a day. then nearing the end of the day no pips I try and force a trade. We all know what happens if you force a trade. Now I just wait for all my rules to come in alignment and a make good trades. BE PATIENT, I keep telling myself!
Nicely stated!
Just digging in the trenches like everyone else!
  • #72,522
  • Jun 26, 2008 2:02am Jun 26, 2008 2:02am
Long from 1.9738. Gonna try to squeeze a few pips out of the (small) upward move. We'll see how that goes. T/P is 1.9749. Is that considered scalping?
Do you think the karate kid knows kung-fu?
  • #72,523
  • Jun 26, 2008 2:10am Jun 26, 2008 2:10am
i love this shit!
Just digging in the trenches like everyone else!
  • #72,524
  • Jun 26, 2008 2:10am Jun 26, 2008 2:10am
is it still safe too keep short nw??
  • #72,525
  • Jun 26, 2008 2:12am Jun 26, 2008 2:12am
Quoting dRunKen aRmy
is it still safe too keep short nw??
Too risky ! Wait till down below 1.9680.
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #72,526
  • Jun 26, 2008 2:17am Jun 26, 2008 2:17am
Quoting ddblue
Long from 1.9738. Gonna try to squeeze a few pips out of the (small) upward move. We'll see how that goes. T/P is 1.9749. Is that considered scalping?

hey ddblue hows u bro hope u r doing welll lately
yeo when we play the range up and down it called scalping
i think no big move before the MPC news but i still can see the long trend for the rest of the day... lets see
good luck all
  • #72,527
  • Jun 26, 2008 2:20am Jun 26, 2008 2:20am
Quoting warta
hey ddblue hows u bro hope u r doing welll lately
yeo when we play the range up and down it called scalping
i think no big move before the MPC news but i still can see the long trend for the rest of the day... lets see
good luck all
Hi warta!!! It's great to see you! I've just been doing some self-study, figuring out my style and the kinds of trades I'm comfortable making. Also, I've been trying to be more active here at Forex Factory! I love the community here, and even though most of you don't know me, I really feel close to you and value your opinions! I'm learning from all of you and I wanna say THANKS!!!
Do you think the karate kid knows kung-fu?
  • #72,528
  • Jun 26, 2008 2:21am Jun 26, 2008 2:21am
i tot so..well,i was short juz nw n then fell asleep..n now dont know which train is moving..this is all bcoz of d euro fever..bugga..
  • #72,529
  • Jun 26, 2008 2:25am Jun 26, 2008 2:25am
Quoting Runway Trade
One thing I have learned lately (cost me about 200 pips) DONT make/look for a trade, the trade will come to you when all is aligned! Just be patient, it will come.

I had this idea that I must make 20pips a day. then nearing the end of the day no pips I try and force a trade. We all know what happens if you force a trade. Now I just wait for all my rules to come in alignment and a make good trades. BE PATIENT, I keep telling myself!
Just share my 2 cents. 20 pips need tight SL. I've done before and totally failed, sucked by SL.
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #72,530
  • Jun 26, 2008 2:27am Jun 26, 2008 2:27am
Quoting ddblue
Hi warta!!! It's great to see you! I've just been doing some self-study, figuring out my style and the kinds of trades I'm comfortable making. Also, I've been trying to be more active here at Forex Factory! I love the community here, and even though most of you don't know me, I really feel close to you and value your opinions! I'm learning from all of you and I wanna say THANKS!!!
u r welcome bro , and for sure there is a gr8 traders here and we all suport eachother , this is our target at the end and for sure well done to be acitve more and more , this is the enly way to learn from ur mistake
wish u always the best bro and again feel free anytime for any help am always beside u
cheers
  • #72,531
  • Jun 26, 2008 2:46am Jun 26, 2008 2:46am
Well, hit my t/p. Did you guys see it shoot up just now?
Do you think the karate kid knows kung-fu?
  • #72,532
  • Jun 26, 2008 2:49am Jun 26, 2008 2:49am
Quoting ddblue
Well, hit my t/p. Did you guys see it shoot up just now?
Congratz !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #72,533
  • Edited 3:14am Jun 26, 2008 2:51am | Edited 3:14am
Quoting Runway Trade
Can anybody thinking long please explain why they think cable has enough oomph to break all these TL on the daily. Should it not be going down from here to 1.9420? What makes cable trong enough to break the down trend now?

have to be carefull buddy ...im with u on the short..but not brave enough to take it yet..to many supports to go though also...been down a hell of a lot of times...how many times can the bottom be rejected b4 trying the top? ..we could be attempting to try the top here? who knows...only the one and only knows....lol

see my chart...and i guess we could have a bullish flag here...and the pole is long...2.03 target possible..to confirm the monthly pin..b4 seeing the hell pit!!! ...im out thou as u say ..to dodgeball for me!

oops flag pole is about 200 pips so maybe 2.00 will be seen ....
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  • #72,534
  • Jun 26, 2008 3:09am Jun 26, 2008 3:09am
Quoting Moe
$1.2 mill account, 12mill lot thats $1,200 per pip. good luck, back to bed.

still busy in ur bedroom ?
  • #72,535
  • Jun 26, 2008 3:14am Jun 26, 2008 3:14am
my bad ignore my post.
If I Go Broke Trying Then I Will die happy.
  • #72,536
  • Jun 26, 2008 3:15am Jun 26, 2008 3:15am
Quoting warta
still busy in ur bedroom ?
yeah sleeping, im home alone tonight.
If I Go Broke Trying Then I Will die happy.
  • #72,537
  • Jun 26, 2008 3:15am Jun 26, 2008 3:15am
Good chance of seeing 2$ to the pound today.
  • #72,538
  • Jun 26, 2008 3:17am Jun 26, 2008 3:17am
some of you guys went short to quick some went long and made profit, this market is in a zone, be patience, let the market come to you.
If I Go Broke Trying Then I Will die happy.
  • #72,539
  • Jun 26, 2008 3:18am Jun 26, 2008 3:18am
Quoting pepper
Good chance of seeing 2$ to the pound today.
whats you talking about willis.
If I Go Broke Trying Then I Will die happy.
  • #72,540
  • Jun 26, 2008 3:19am Jun 26, 2008 3:19am
pins on monthly ...
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