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Cable Update (GBPUSD)

  • #74,401
  • Jul 3, 2008 4:24am Jul 3, 2008 4:24am
should we keep long open till NFP or ECB ? OR take profits and sit on sidelines ? OR increase S/L to avoid spikes ?
  • #74,402
  • Jul 3, 2008 4:24am Jul 3, 2008 4:24am
Quoting ehsan
Hi Everyone,

Could anyone please let me know why when my SL get trigerred the market moves back? I was long on cable and had SL @ 1.9840 today, but since SL trigerred the market change to bullish. I heard that some brokers doing this against their clien. How true is it? I appreciate your help.
you have to learn more, try use your virtual first, from my opinion brokers has nothing to do with your loses, correct me when im wrong...


have an happy pips
Keep Learning and you'll get what you want...
  • #74,403
  • Jul 3, 2008 4:26am Jul 3, 2008 4:26am
Quoting ehsan
Hi Everyone,

Could anyone please let me know why when my SL get trigerred the market moves back? I was long on cable and had SL @ 1.9840 today, but since SL trigerred the market change to bullish. I heard that some brokers doing this against their clien. How true is it? I appreciate your help.
The cable is in a channel and if your SL is inside the channel as apposed to 5 PIPs outside (breakout), it will get hit and keep channeling up, down, up, down. Get it?
Don't Get Bitter, Get Better
  • #74,404
  • Jul 3, 2008 4:27am Jul 3, 2008 4:27am
Quoting hemal011
should we keep long open till NFP or ECB ? OR take profits and sit on sidelines ? OR increase S/L to avoid spikes ?
Out with 25 pips. Sit on side til news. Happy with 25 for now
  • #74,405
  • Jul 3, 2008 4:30am Jul 3, 2008 4:30am
Quoting young trader
does any one know the pivot point for today.I am new to this and calculated it by adding close+ high+low and then dividing the answer by 3 I used yesterdays daily candle answer was 1.9877 Is this correct. Thank You

just use a pivot indicator.....it does it all for u
if u se metatrader its already in there
  • #74,406
  • Jul 3, 2008 4:33am Jul 3, 2008 4:33am
Quoting nAVIN2007
just use a pivot indicator.....it does it all for u
if u se metatrader its already in there
Hi, what do you mean pivot indicator? Maybe I am a little bit stupid, but I don't know it
-- There's no winner without lose --
  • #74,407
  • Jul 3, 2008 4:35am Jul 3, 2008 4:35am
I have to say Hello everybody. I read this thread for a month, but now I can send posts too, so it will be my second home here, I hope
-- There's no winner without lose --
  • #74,408
  • Jul 3, 2008 4:35am Jul 3, 2008 4:35am
i cannot believe the number of people in here that trade and hardly know anything..how the hell u plan to make money?

please read the forum..search it will give u the answer u looking for...


http://www.forexfactory.com/showthread.php?t=8897
  • #74,409
  • Jul 3, 2008 4:37am Jul 3, 2008 4:37am
Quoting JamesCZ
Hi, what do you mean pivot indicator? Maybe I am a little bit stupid, but I don't know it
go to the Auslanco thread for gbpusd and gbpjpy and clip on the paperclip. Look for an indicator called autopivot ot search my name and posts..... every indocator you would ever need is under the auslanco thread. or go to action forex and they have the pivots for each pair on the site under analysis.
  • #74,410
  • Jul 3, 2008 4:43am Jul 3, 2008 4:43am
Quoting nAVIN2007
i cannot believe the number of people in here that trade and hardly know anything..how the hell u plan to make money?

please read the forum..search it will give u the answer u looking for...


http://www.forexfactory.com/showthread.php?t=8897
Dear Navin
calm down please , we were beginner too , and best place for question & answer is forums
you were always helpful for others and i hope you will
  • #74,411
  • Jul 3, 2008 4:43am Jul 3, 2008 4:43am
Quoting JamesCZ
I have to say Hello everybody. I read this thread for a month, but now I can send posts too, so it will be my second home here, I hope

Hey You could visit babypips.com it will walk u through the forex basics
  • #74,412
  • Jul 3, 2008 4:45am Jul 3, 2008 4:45am
who's still holding their long??where's Moe?..does anyone see him..maybe he's staying out of the market today...
  • #74,413
  • Jul 3, 2008 4:47am Jul 3, 2008 4:47am
Quoting JamesCZ
I have to say Hello everybody. I read this thread for a month, but now I can send posts too, so it will be my second home here, I hope
welcome jamesCZ
yes babypips.com is agood place for learning forex
and you can count on this thread and other threads in forexfactory
enjoy forex
  • #74,414
  • Jul 3, 2008 4:50am Jul 3, 2008 4:50am
Euro pulling cable down with it.
Don't Get Bitter, Get Better
  • #74,415
  • Jul 3, 2008 4:50am Jul 3, 2008 4:50am
Quoting nAVIN2007
i cannot believe the number of people in here that trade and hardly know anything..how the hell u plan to make money?

please read the forum..search it will give u the answer u looking for...


http://www.forexfactory.com/showthread.php?t=8897
Great, thank you! I downloaded multimplepivots2. It looks very usefull, hope this will help to get more money to me. Till now, I everytime lost all money in few days
-- There's no winner without lose --
  • #74,416
  • Jul 3, 2008 4:53am Jul 3, 2008 4:53am
Quoting young trader
Hey You could visit babypips.com it will walk u through the forex basics
Thanks for babypips, each other site with informations is good for me
-- There's no winner without lose --
  • #74,417
  • Jul 3, 2008 4:55am Jul 3, 2008 4:55am
Quoting JamesCZ
Great, thank you! I downloaded multimplepivots2. It looks very usefull, hope this will help to get more money to me. Till now, I everytime lost all money in few days
Paper trade, Paper trade, Paper trade. If you can't profit in paper trading (without the "Fear of Loss" emotion you get from trading real money) you will continue to lose your hard earned money.
Don't Get Bitter, Get Better
  • #74,418
  • Jul 3, 2008 4:57am Jul 3, 2008 4:57am
Quoting JamesCZ
Great, thank you! I downloaded multimplepivots2. It looks very usefull, hope this will help to get more money to me. Till now, I everytime lost all money in few days
yur wellcome
  • #74,419
  • Jul 3, 2008 4:57am Jul 3, 2008 4:57am
I am Dizzy,
any1 knows where are we going?

Long == Short

both are strong also.
high liquidity in Both ways.
  • #74,420
  • Jul 3, 2008 4:58am Jul 3, 2008 4:58am
HEY Navin
its very strange !
but i see a very strong short in H4 whats your opinion
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