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Cable Update (GBPUSD)

  • #88,621
  • Sep 19, 2008 8:34am Sep 19, 2008 8:34am
Quoting belekas
Market is precise you just have to use the required tools and apply them in correct timing
that means u winning .....hehe
  • #88,622
  • Sep 19, 2008 8:35am Sep 19, 2008 8:35am
Quoting belekas
Market is precise you just have to use the required tools and apply them in correct timing
If it was that easy we would al be sitting in the Bahamas with Moe!
  • #88,623
  • Sep 19, 2008 8:35am Sep 19, 2008 8:35am
Quoting nAVIN2007
i did this and missed 250 pips all because the stop loss was to close and the position was calculated, this market is a beast u have to go accepting the possiblity of a loss....

its very difficult to go in at SL 20-30 pips

At least I got out with -150 and not -250
please DON'T copy my trades I am still learning
  • #88,624
  • Sep 19, 2008 8:38am Sep 19, 2008 8:38am
Quoting Runway Trade
If it was that easy we would al be sitting in the Bahamas with Moe!
Its hard, very hard, but not impossible.
  • #88,625
  • Sep 19, 2008 8:43am Sep 19, 2008 8:43am

anyone prepare for going short?
"Invest With The Insiders, Not The Masses" George Muzea
  • #88,626
  • Sep 19, 2008 8:45am Sep 19, 2008 8:45am
The markets are absolutely insane with all the machinations of the US Fed and Treasury. If you can stand it, step aside and relax until the dust settles.
"Don't trade to trade . . . trade to win." - James16
  • #88,627
  • Sep 19, 2008 8:47am Sep 19, 2008 8:47am
Quoting Qu|cksilver

anyone prepare for going short?

I added to my loosing position @8282
Jesus Christ is my only Lord !
  • #88,628
  • Sep 19, 2008 8:49am Sep 19, 2008 8:49am
Quoting hipcio
I added to my loosing position @8282
OK. but don't fight the market.
"Invest With The Insiders, Not The Masses" George Muzea
  • #88,629
  • Sep 19, 2008 8:51am Sep 19, 2008 8:51am
Quoting Qu|cksilver
OK. but don't fight the market.
I try to be a good boy
Jesus Christ is my only Lord !
  • #88,630
  • Sep 19, 2008 8:53am Sep 19, 2008 8:53am
Quoting hipcio
I try to be a good boy
adding to a lossing position is very risky i hope u thought it out......this is another ABCD pattern playing out...the upside target arent hit yet!..be carefull
  • #88,631
  • Sep 19, 2008 8:57am Sep 19, 2008 8:57am
I am waiting to short for the 5th level run up on the 5m to form and if around 8300 holds or price fails to break above 8290 price will fall or level off for the day

thats what I see happening and if it works out I will short
  • #88,632
  • Sep 19, 2008 8:57am Sep 19, 2008 8:57am
Quoting hipcio
I added to my loosing position @8282
Never ever add to a loosing position
  • #88,633
  • Sep 19, 2008 8:58am Sep 19, 2008 8:58am
Quoting nAVIN2007
adding to a lossing position is very risky i hope u thought it out......this is another ABCD pattern playing out...the upside target arent hit yet!..be carefull
completly agree but I test adding for the third week and it seems
ok - I hope also this time
Jesus Christ is my only Lord !
  • #88,634
  • Sep 19, 2008 8:58am Sep 19, 2008 8:58am
Close for 270 pips, on M1 seems like 1.8280 be a strong resistance.
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #88,635
  • Sep 19, 2008 9:02am Sep 19, 2008 9:02am
Quoting hipcio
completly agree but I test adding for the third week and it seems
ok - I hope also this time
hope is a dangerous thing in FX mate, be careful.
please DON'T copy my trades I am still learning
  • #88,636
  • Sep 19, 2008 9:06am Sep 19, 2008 9:06am
Quoting ezmystic
hope is a dangerous thing in FX mate, be careful.
I do not hope - I am convinced
Jesus Christ is my only Lord !
  • #88,637
  • Sep 19, 2008 9:08am Sep 19, 2008 9:08am
Quoting ezmystic
hope is a dangerous thing in FX mate, be careful.
it also broke but failed to close abocve the high so far..
  • #88,638
  • Sep 19, 2008 9:10am Sep 19, 2008 9:10am
Quoting nAVIN2007
it also broke but failed to close abocve the high so far..
patience
  • #88,639
  • Sep 19, 2008 9:12am Sep 19, 2008 9:12am
I am still waiting and expecting this to test 8290 area again otherwise i think I am done for the week

good luck all
  • #88,640
  • Sep 19, 2008 9:19am Sep 19, 2008 9:19am
Quoting belekas
patience
im out! ...cant enter now if it retrace 150 pips im screwed..
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