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Cable Update (GBPUSD)

  • #84,361
  • Aug 27, 2008 11:42am Aug 27, 2008 11:42am
Quoting peulthai
It is hitting 1.8249 and maybe beyond.

I have been short since 1.8470... i am SMILING NOW!
I bet you are still smiling.
Just digging in the trenches like everyone else!
  • #84,362
  • Aug 27, 2008 11:43am Aug 27, 2008 11:43am
Quoting nAVIN2007
yes yur right emotions and greed and stupidity...
patience bro...

are you using the 62 ema?
Just digging in the trenches like everyone else!
  • #84,363
  • Aug 27, 2008 11:49am Aug 27, 2008 11:49am
Quoting Infinity
You know... I think I am going to build some long positions soon....

hmmm...profit needs to be taken. vacations are nearing an end. 1st week of Sept could be a long week. These are cheap prices down here to buy at. I'm not currently long but I will go long if my system tells me to.

How's your 62 looking?
Just digging in the trenches like everyone else!
  • #84,364
  • Aug 27, 2008 11:51am Aug 27, 2008 11:51am
The 62 ema setup seems to work really well for going short hey!
Keep It Simple Stupid
  • #84,365
  • Aug 27, 2008 11:51am Aug 27, 2008 11:51am
Quoting nAVIN2007
yur right i was bored anyways ...from one mess into another.... what doesnt kill u make u stronger...many pips to u brother
trade your bordem trades in your demo account and your set ups in your live account. this way you still get the practice and only risk on your high return trades. boredom can cause the finger to be heavy on the trigger.
Just digging in the trenches like everyone else!
  • #84,366
  • Aug 27, 2008 11:52am Aug 27, 2008 11:52am
Quoting eohater
patience bro...

are you using the 62 ema?
yeah i do ...lol

just got carried away..away i did make money on the short but my hedge is rediclous now its at the 2 extremes..i will go for the long target and hopefully we can carry freefall to zero....
  • #84,367
  • Aug 27, 2008 11:52am Aug 27, 2008 11:52am
Quoting Alastair
The 62 ema setup seems to work really well for going short hey!
If it's good for short then it's good for longs. It's all about the application. I don't use it because I don't know enough about it. Infinity is the man with those answers.
Just digging in the trenches like everyone else!
  • #84,368
  • Aug 27, 2008 11:53am Aug 27, 2008 11:53am
Quoting Alastair
The 62 ema setup seems to work really well for going short hey!
on one hour chart it is amazing.....
  • #84,369
  • Aug 27, 2008 11:53am Aug 27, 2008 11:53am
Quoting eohater
hmmm...profit needs to be taken. vacations are nearing an end. 1st week of Sept could be a long week. These are cheap prices down here to buy at. I'm not currently long but I will go long if my system tells me to.

How's your 62 looking?
It looks very far at the moment...
Patience + Discipline - Greed = Success
  • #84,370
  • Aug 27, 2008 11:55am Aug 27, 2008 11:55am
Quoting nAVIN2007
on one hour chart it is amazing.....
do you mind posting your one hour chart with the ema applied to it?

Thanks!
Just digging in the trenches like everyone else!
  • #84,371
  • Aug 27, 2008 11:55am Aug 27, 2008 11:55am
Quoting Infinity
It looks very far at the moment...
Just digging in the trenches like everyone else!
  • #84,372
  • Aug 27, 2008 11:55am Aug 27, 2008 11:55am
Quoting eohater
If it's good for short then it's good for longs. It's all about the application. I don't use it because I don't know enough about it. Infinity is the man with those answers.
its just mobile support or resistance..trade it as if we above it its support if below its resistance it great to place SL behind or in front...

look at the shit im in...
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  • #84,373
  • Aug 27, 2008 12:02pm Aug 27, 2008 12:02pm
Quoting eohater
do you mind posting your one hour chart with the ema applied to it?

Thanks!

yeah sure bro..u see how it acted as a barrier.....pity i thought it was going up..
im in SOS mode right now..
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  • #84,374
  • Aug 27, 2008 12:02pm Aug 27, 2008 12:02pm
Quoting nAVIN2007
its just mobile support or resistance..trade it as if we above it its support if below its resistance it great to place SL behind or in front...

look at the shit im in...
I know you understand exactly how to use the tools, but I can't see why you are not applying the knowledge to your trading. You need to lose the emotions. I know you are going to be very profitable when you do...
Patience + Discipline - Greed = Success
  • #84,375
  • Aug 27, 2008 12:08pm Aug 27, 2008 12:08pm
Quoting nAVIN2007
yeah sure bro..u see how it acted as a barrier.....pity i thought it was going up..
im in SOS mode right now..
do you apply an offset?
Just digging in the trenches like everyone else!
  • #84,376
  • Aug 27, 2008 12:09pm Aug 27, 2008 12:09pm
Quoting nAVIN2007
yeah i do ...lol

just got carried away..away i did make money on the short but my hedge is rediclous now its at the 2 extremes..i will go for the long target and hopefully we can carry freefall to zero....
hedges are for farmers
  • #84,377
  • Aug 27, 2008 12:13pm Aug 27, 2008 12:13pm
Quoting Infinity
I know you understand exactly how to use the tools, but I can't see why you are not applying the knowledge to your trading. You need to lose the emotions. I know you are going to be very profitable when you do...
i think im just having one of those years..where i just keep doing the wrong thing...im trying but somehow not happening in live account....but i will not give up and fight till success in trading arrives..i know if only i get my shit together i can be very profitable....this keep me going..

thanks for yur kind words..
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  • #84,378
  • Aug 27, 2008 12:15pm Aug 27, 2008 12:15pm
Quoting eohater
do you apply an offset?
just place it on 62 ema....no offset or anything on 1hr chart.
  • #84,379
  • Aug 27, 2008 12:20pm Aug 27, 2008 12:20pm
Quoting nAVIN2007
just place it on 62 ema....no offset or anything on 1hr chart.
thanks bro. I'm going to play around with this.
Just digging in the trenches like everyone else!
  • #84,380
  • Aug 27, 2008 12:24pm Aug 27, 2008 12:24pm
please somebody explain to me.. i am still confused

http://forexfactory.com/showpost.php...ostcount=84353

and

http://forexfactory.com/showpost.php...ostcount=84368
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