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Cable Update (GBPUSD)

  • #87,001
  • Sep 10, 2008 11:04am Sep 10, 2008 11:04am
Quoting gammase1
You serious in saying you actually achieve 100% pa return on your trading capital???

If so, hats off to you sir, as that's seriously impressive.

I aim for 20% pa return from my trading, which covers equities, indexes, commodities and currencies.
100% on the actual cash I have with oanda is quite doable with gearing , but many people are looking to double their account in a month at the most using big positions and no stop loss

I lost 56k on my equities (market price) this month though, (no sweat), and I am scared for HBOS bank going bust and losing my UK cash balances - I am scooting over there next week to diversify
  • #87,002
  • Sep 10, 2008 11:05am Sep 10, 2008 11:05am
Quoting eohater
I went long on the new 4h candle. We'll see how it works out.
that's a risky one...
Patience + Discipline - Greed = Success
  • #87,003
  • Sep 10, 2008 11:08am Sep 10, 2008 11:08am
Quoting eohater
I went long on the new 4h candle. We'll see how it works out.
Because we all are lerning every day please tell us why?

Based on some indicator or what?
  • #87,004
  • Sep 10, 2008 11:09am Sep 10, 2008 11:09am
Quoting Infinity
that's a risky one...
i tried that just 5 minutes ago..got 4 pips and out... ...the4 hr does look like it gonna drop but the dailly trendline may hold...i have no idea..

oh well.....lol.it flew up
  • #87,005
  • Sep 10, 2008 11:10am Sep 10, 2008 11:10am
Quoting "expert"
OH possible.This support just don't want to break.1 hr 5 sma for sure i think

All my SL is litlle above it
1 hr 5 sma reached
  • #87,006
  • Sep 10, 2008 11:12am Sep 10, 2008 11:12am
and my SL as weel reched.

what a day
  • #87,007
  • Sep 10, 2008 11:14am Sep 10, 2008 11:14am
Quoting Infinity
that's a risky one...
Profit is locked in and targeting the 5 ma on the 4h. Headed to lunch! See you all when I get back!
Just digging in the trenches like everyone else!
  • #87,008
  • Sep 10, 2008 11:14am Sep 10, 2008 11:14am
Quoting "expert"
Because we all are lerning every day please tell us why?

Based on some indicator or what?
It is a risky trade but he knows what he is doing... I think he is looking for a retracement to the 15m 50 or 4h 5/10..

Eohater.... you got balls ...
Patience + Discipline - Greed = Success
  • #87,009
  • Sep 10, 2008 11:14am Sep 10, 2008 11:14am
Quoting eohater
Profit is locked in and targeting the 5 ma on the 4h. Headed to lunch! See you all when I get back!
I knew it bro....
Patience + Discipline - Greed = Success
  • #87,010
  • Sep 10, 2008 11:15am Sep 10, 2008 11:15am
Quoting allserene
100% on the actual cash I have with oanda is quite doable with gearing , but many people are looking to double their account in a month at the most using big positions and no stop loss

I lost 56k on my equities (market price) this month though, (no sweat), and I am scared for HBOS bank going bust and losing my UK cash balances - I am scooting over there next week to diversify
If HBOS fails you know we will blame it on the Grumpy Old Englishman!

  • #87,011
  • Sep 10, 2008 11:16am Sep 10, 2008 11:16am
Quoting Infinity
It is a risky trade but he knows what he is doing... I think he is looking for a retracement to the 15m 50 or 4h 5/10..

Eohater.... you got balls ...
No i got that but he did that because he see something in chart or just hopes to see that and plays wild card.

If he see something i was thinking to share what was it.
  • #87,012
  • Sep 10, 2008 11:19am Sep 10, 2008 11:19am
Quoting Shilva
If HBOS fails you know we will blame it on the Grumpy Old Englishman!

You must mean that one who bought my UK house and can't pay his mortgage !

haha - i just got out in time

Actually its different from the US in that there are only a small number of UK banks so the govt cant afford to let em go - and HBOS is the biggest holder of personal savings....that's the voters we are talking about ....

ok - decided to hold my cable short down to 1.60
  • #87,013
  • Sep 10, 2008 11:20am Sep 10, 2008 11:20am
Quoting "expert"
No i got that but he did that because he see something in chart or just hopes to see that and plays wild card.

If he see something i was thinking to share what was it.
the dailly trendline and the numerous attempts to break the bottom..is basically a gamble, but high % small stop..and it could go far...
  • #87,014
  • Sep 10, 2008 11:21am Sep 10, 2008 11:21am
Thanks Navin
  • #87,015
  • Sep 10, 2008 11:33am Sep 10, 2008 11:33am
Quoting "expert"
Thanks Navin
wellcome man
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  • #87,016
  • Sep 10, 2008 11:35am Sep 10, 2008 11:35am
Quoting eohater
I went long on the new 4h candle. We'll see how it works out.

Looking good so far
  • #87,017
  • Sep 10, 2008 11:40am Sep 10, 2008 11:40am
Quoting flaffie
Looking good so far

not if this the case...
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  • #87,018
  • Sep 10, 2008 11:42am Sep 10, 2008 11:42am
Joel Kruger...one of the reuters guys just posted that he's gooing long from 1.7560, and targeting 1.8015. I've never traded his trades, but i have seen him pick a lot of good ones. He certainly should have as much info. at his disposal as anyone, but I'm still pretty skeptical.
  • #87,019
  • Sep 10, 2008 11:45am Sep 10, 2008 11:45am
Quoting nAVIN2007
not if this the case...

At least he is positive
  • #87,020
  • Sep 10, 2008 11:47am Sep 10, 2008 11:47am
Quoting flaffie
At least he is positive

yes he is a fantastic trader...with plenty of experience..
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