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Cable Update (GBPUSD)

  • #82,881
  • Aug 18, 2008 6:57pm Aug 18, 2008 6:57pm
Quoting allserene
short 1.8645

no t/p - no wigwam

s/l 1.8691

Laid prostrate on the ground too near the cat litter boxes and praying to Thor the god of thunder, as we have white lightning on the Cascades
I went short around there as well
USD Est Non Mortuus
  • #82,882
  • Aug 18, 2008 6:57pm Aug 18, 2008 6:57pm
Quoting Optimum
Go to 1,867x
hoping for a mini double top at 1.8658 on the 15 min chart

Isnt it exciting -

I have added to my short
  • #82,883
  • Aug 18, 2008 6:59pm Aug 18, 2008 6:59pm
Nice trade...got it right on the money honey!!!!


Quoting malcolmb14
nice post .. entry , target and stop .... nice 1:2 risk reward ...
  • #82,884
  • Aug 18, 2008 7:06pm Aug 18, 2008 7:06pm
It nice when the longs and the shorts are both happy

The pixies are delivering for me too
  • #82,885
  • Aug 18, 2008 7:09pm Aug 18, 2008 7:09pm
Quoting LuckyLurker
I went short around there as well
We need patience here Lurker but I am only thinking short right now

drawing 15 min channels

yes short
  • #82,886
  • Aug 18, 2008 7:11pm Aug 18, 2008 7:11pm
Quoting allserene
We need patience here Lurker but I am only thinking short right now

drawing 15 min channels

yes short
Ive been scalping all day. Was a good day for it.
USD Est Non Mortuus
  • #82,887
  • Aug 18, 2008 7:12pm Aug 18, 2008 7:12pm
Quoting LuckyLurker
Ive been scalping all day. Was a good day for it.
It was an excellent day for it. I started it last night in the Asian session and still going.
Just digging in the trenches like everyone else!
  • #82,888
  • Aug 18, 2008 7:20pm Aug 18, 2008 7:20pm
Quoting eohater
It was an excellent day for it. I started it last night in the Asian session and still going.

24 hours . I hope you are making ALOT of money as the toll that trading for 24 hours is going to have on you in the future is VERY high. The body needs rest and having fun times / relaxation is good for the mind and makes you a better trader

A lot of forex traders stay up for hours and hours trying to catch every move. YOU ONLY HAVE ONE LIFE .. DO NOT LET IT PASS YOU BY.

Take an account $1500 , take 7% of account , even at stops of 50 pips you only have 3% risk,. Wait for the perfect trade and with ONLY 25 pips average per day ( some days you will have losers .. let them go and let the winners run) in 19 months you have 1.2 milion ... the beauty of compounding

I trade the US session only between 5 am and 8am Pacific and seem to manage my 20 - 50 pips a day on average,
Blogging daily now at www.volume.zone
  • #82,889
  • Aug 18, 2008 7:21pm Aug 18, 2008 7:21pm
I was too busy weeping over my DOW shares

I kept buying at the lows - but my buying budget is ended for now

I will just have to not look for a few months
  • #82,890
  • Aug 18, 2008 7:26pm Aug 18, 2008 7:26pm
Quoting allserene
I was too busy weeping over my DOW shares

I kept buying at the lows - but my buying budget is ended for now

I will just have to not look for a few months
I feel bad for you ..... If that 10800 level gives way think 8000

I sold my DXD way back , bought some DDM and then sold that on Friday when i saw the bearish rsi divergence showing up in the 60 min charts
Blogging daily now at www.volume.zone
  • #82,891
  • Aug 18, 2008 7:26pm Aug 18, 2008 7:26pm
Quoting fxbroker
Trading the Edge of financial Chaos based on the Word of God - Produces Amazing Results - No More Losses!
Please post screenshots of your trades Account History (MT4) or equivalent, at least weekly and preferably more often, so we can all see this miracle for ourselves
Darkness lies one inch ahead..
  • #82,892
  • Aug 18, 2008 7:28pm Aug 18, 2008 7:28pm
Quoting malcolmb14
24 hours . I hope you are making ALOT of money as the toll that trading for 24 hours is going to have on you in the future is VERY high. The body needs rest and having fun times / relaxation is good for the mind and makes you a better trader

A lot of forex traders stay up for hours and hours trying to catch every move. YOU ONLY HAVE ONE LIFE .. DO NOT LET IT PASS YOU BY.

Take an account $1500 , take 7% of account , even at stops of 50 pips you only have 3% risk,. Wait for the perfect trade and with ONLY 25 pips average per day ( some days you will have losers .. let them go and let the winners run) in 19 months you have 1.2 milion ... the beauty of compounding

I trade the US session only between 5 am and 8am Pacific and seem to manage my 20 - 50 pips a day on average,
Have you got your first 1.2 million yet ?

Seems a bit easy....
  • #82,893
  • Aug 18, 2008 7:29pm Aug 18, 2008 7:29pm
Quoting TraderJR
Please post screenshots of your trades Account History (MT4) or equivalent, at least weekly and preferably more often, so we can all see this miracle for ourselves
Another one of those 100 % guys ...... why is it that 90 % of forex traders fail and there is always some genius that says they make 100%, 80% is very believeable with strict discipline , but 100% ... come on. They would have no time to post in here , as they could make millions in one year and never have to trade again .

The ones that say they make 100% are typically the ones that are losing the most.
Blogging daily now at www.volume.zone
  • #82,894
  • Aug 18, 2008 7:31pm Aug 18, 2008 7:31pm
Quoting allserene
Have you got your first 1.2 million yet ?

Seems a bit easy....
In my dreams....... chipping away at it ....

If I ever get there I will post all my account statements freely !!! lol
Blogging daily now at www.volume.zone
  • #82,895
  • Aug 18, 2008 7:41pm Aug 18, 2008 7:41pm
Headed to 1.8605
Please ask questions and share your experiences with us all!
  • #82,896
  • Aug 18, 2008 7:44pm Aug 18, 2008 7:44pm
Quoting bkg102665
Headed to 1.8605

The power of prayer

or channels

Put teepees on at 1.8540 but it might take a day or two before it gets down there

I have more teepees than geronimo
  • #82,897
  • Aug 18, 2008 7:49pm Aug 18, 2008 7:49pm
I did so good last night and got too greedy, gave it all back plus during day. No more of those mistakes for me or so I hope
  • #82,898
  • Aug 18, 2008 7:50pm Aug 18, 2008 7:50pm
short it is.
  • #82,899
  • Aug 18, 2008 7:52pm Aug 18, 2008 7:52pm
Quoting malcolmb14
I feel bad for you ..... If that 10800 level gives way think 8000

I sold my DXD way back , bought some DDM and then sold that on Friday when i saw the bearish rsi divergence showing up in the 60 min charts
Yes I am hoping i can beat the index significantly but nobody knows the bottom - except it wont be zero

The way that cable is going, i will be able sell em at 8000, convert it back to gbp and send it back to the uk at a profit !
  • #82,900
  • Aug 18, 2008 8:12pm Aug 18, 2008 8:12pm
Quoting malcolmb14
24 hours . I hope you are making ALOT of money as the toll that trading for 24 hours is going to have on you in the future is VERY high. The body needs rest and having fun times / relaxation is good for the mind and makes you a better trader

A lot of forex traders stay up for hours and hours trying to catch every move. YOU ONLY HAVE ONE LIFE .. DO NOT LET IT PASS YOU BY.

Take an account $1500 , take 7% of account , even at stops of 50 pips you only have 3% risk,. Wait for the perfect trade and with ONLY 25 pips average per day ( some days you will have losers .. let them go and let the winners run) in 19 months you have 1.2 milion ... the beauty of compounding

I trade the US session only between 5 am and 8am Pacific and seem to manage my 20 - 50 pips a day on average,
I appreciate your concern and you are correct. There is more to life than trading. I have balance. I don't sit in front of the computer trading all day and all night. I do have certain times that I make sure to check the price and take action accordingly.
Just digging in the trenches like everyone else!
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