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Cable Update (GBPUSD)

  • #87,061
  • Sep 10, 2008 1:43pm Sep 10, 2008 1:43pm
Quoting steelhead
yeah great work eohater that was the trade that infinity said was really risky lol
thank you!
Just digging in the trenches like everyone else!
  • #87,062
  • Sep 10, 2008 1:44pm Sep 10, 2008 1:44pm
I think long
Max target : 1,774x
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  • #87,063
  • Sep 10, 2008 1:52pm Sep 10, 2008 1:52pm
Man I've been useless all day.. no trade cept for a small scalp this morning.. could not see a reason to trade at all
USD Est Non Mortuus
  • #87,064
  • Sep 10, 2008 1:53pm Sep 10, 2008 1:53pm
Quoting LuckyLurker
Man I've been useless all day.. no trade cept for a small scalp this morning.. could not see a reason to trade at all
That's when you walk away and come back later when the charts have refreshed themselves. Nice scalp earlier by the way!
Just digging in the trenches like everyone else!
  • #87,065
  • Sep 10, 2008 1:53pm Sep 10, 2008 1:53pm
For the better ment of the thread I will end my fun with allserene, fxloco, and infinity. I would love to chat more with you three anytime. Private message or even better


[email protected] Yahoo Im I am on it all day.

you three make me laugh so much please please get a yahoo account so we can talk more, but for the sanity of this thread it stops here.

Again though please i beg you come and chat on yahoo im with me. You three make my day go by so much faster.


Please Please. I would love to have some more fun with you.
  • #87,066
  • Sep 10, 2008 1:54pm Sep 10, 2008 1:54pm
Quoting LuckyLurker
Man I've been useless all day.. no trade cept for a small scalp this morning.. could not see a reason to trade at all
That's great, Lucky! Sometimes the best trade is not to trade. It takes discipline and patience to stand aside and let the market come to you.
  • #87,067
  • Sep 10, 2008 1:56pm Sep 10, 2008 1:56pm
Quoting eohater
That's when you walk away and come back later when the charts have refreshed themselves. Nice scalp earlier by the way!
Quoting nwsuccess
That's great, Lucky! Sometimes the best trade is not to trade. It takes discipline and patience to stand aside and let the market come to you.
Yea was a great day to do some research.. Interesting times.
USD Est Non Mortuus
  • #87,068
  • Sep 10, 2008 2:02pm Sep 10, 2008 2:02pm
Quoting steelhead
For the better ment of the thread I will end my fun with allserene, fxloco, and infinity. I would love to chat more with you three anytime. Private message or even better


[email protected] Yahoo Im I am on it all day.

you three make me laugh so much please please get a yahoo account so we can talk more, but for the sanity of this thread it stops here.

Again though please i beg you come and chat on yahoo im with me. You three make my day go by so much faster.


Please Please. I would love to have some more fun with you.
there are times this entire thread gives me a chuckle. you guys really can be funny with all the begging and guessing and the need to trade 24/5 even in a dead market. There are a few that try to lead in here and some are quite good but most in here would rather be right then led anywhere so you have wannabe leaders with no followers.
Don't chase the market, Let the market come to you
  • #87,069
  • Sep 10, 2008 2:03pm Sep 10, 2008 2:03pm
Quoting Infinity
No prob nav.. remember though it is 5 sma not ema on the 4h. I find the 5sma to be better with gu than the ema especially on the h4...

If you are going to use it, plot the 10sma as well..

thx bro
  • #87,070
  • Sep 10, 2008 2:11pm Sep 10, 2008 2:11pm
short or long...???
  • #87,071
  • Sep 10, 2008 2:12pm Sep 10, 2008 2:12pm
Quoting arodriguezv
short or long...???
both....
  • #87,072
  • Sep 10, 2008 2:12pm Sep 10, 2008 2:12pm
Quoting nAVIN2007
both....
so true!
Just digging in the trenches like everyone else!
  • #87,073
  • Sep 10, 2008 2:19pm Sep 10, 2008 2:19pm
Quoting eohater
so true!

bro that trade u did where u bought at the support..where was yur SL..i did the same trade but got out after 4 pips..lol

was wondering where u placed the stop loss?
good trade by the way..
  • #87,074
  • Sep 10, 2008 2:25pm Sep 10, 2008 2:25pm
Quoting nAVIN2007
bro that trade u did where u bought at the support..where was yur SL..i did the same trade but got out after 4 pips..lol

was wondering where u placed the stop loss?
good trade by the way..
Upon entry it was 5 pips lower than the previous 4h candles low. Once the next 15m candle closed after the 4h candle that I entered on, I move the SL to +2.

Thank you for the comment!
Just digging in the trenches like everyone else!
  • #87,075
  • Sep 10, 2008 2:41pm Sep 10, 2008 2:41pm
Quoting eohater
Upon entry it was 5 pips lower than the previous 4h candles low. Once the next 15m candle closed after the 4h candle that I entered on, I move the SL to +2.

Thank you for the comment!
thx bro..i didnt even think of placing at breakeven....maybe rusty 2nd trade in 3 weeks..lol
  • #87,076
  • Sep 10, 2008 2:43pm Sep 10, 2008 2:43pm
Quoting nAVIN2007
thx bro..i didnt even think of placing at breakeven....maybe rusty 1st trade in 3 weeks..lol
You need to get back in the saddle bro!
Just digging in the trenches like everyone else!
  • #87,077
  • Sep 10, 2008 2:45pm Sep 10, 2008 2:45pm
So looking ahead for the next 48 hours.... Does anyone see any indication of reports going out for the dollar. Seems the pound will be taking a back seat to the many USD reports comming out. Employment claims are down... and retail sales look stronger... could we possibly see a good short coming into play?
Lets do this...
  • #87,078
  • Sep 10, 2008 2:45pm Sep 10, 2008 2:45pm
Quoting steelhead
Navin I started posting charts showing what my system is. before that called out several long positions way before the move up, but it is not good enough so now i am suppose to post my trade results? go look at the freakin history man its really not that hard.

When that is not enough what do I post next?

My charts are totally different cause i dont look at the market the same way.


Allserene you were not drinking fine wine with my money im pretty sure of that.
Didnt say it was your money - I said that after that ego trip of yours, exalting yourself as a pro with inside info, pouring scorn on us lower struggling, inferior retail beings, I was even more determined to short and it worked and it still is at 10 seconds ago

My 38 year old son talks like you when he has been doing cocaine but at least he comes down off it

Would you do the same please ?
  • #87,079
  • Sep 10, 2008 3:08pm Sep 10, 2008 3:08pm
guys do you think that trading the NZD interest rate might push the USD higher?
I recommend you read something else as this sentence is now concluded.
  • #87,080
  • Sep 10, 2008 3:23pm Sep 10, 2008 3:23pm
Guys, I was able to close both of my shorts with +5 each profit, between 4:10 pm-4:13 pm it suddenly swing low from 1.7542 to 1.7523 and I just jumped on and closed both positions. According to Ballinger Band, this pair might go to as low as 1.7485 but I can't wait as I already waited two days and before they would charge swap, thanks GOD that did get chance to close my short positions...... as I could get more pips but it was a wrong entry point but hey incoming dollars are much much better than loosing dollars right guys........

I think to get into a new trade, the best thing is come back during the first hour of European trade as it seems like it will swing up to at least 1.77...

See while I am typing this stupid thing is now back to 1.7541 where it was 6 minutes ago, waoo this week trading is very volatile because of cable had huge gap up for 500 pips altogether (up and down) and that is why it is happening like that. Beleive me guys for the last 4 hours the cable is kind of stuck in the range of 1.7550-1.7570 and as soon as stocks closed at 4:00 pm it fall down almost 20 pips and I did get benefit out of it...

I think for the next 48 hours I will do more search and if I find a good opportunity of Short, then I will definitely enter from its high otherwise I will be in the observation mode till Friday.... Happying trading for the rest of the week....

Thanks,
Alqaz Syed.
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