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Cable Update (GBPUSD)

  • #90,621
  • Oct 7, 2008 6:10pm Oct 7, 2008 6:10pm
Quoting dakrusha
shorted again at 7515 TP set to 7255..SL set to BE currently +55
Hello dakrusha
I think that you and a lot of the other guys have maybe picked up some $$ over the last couple of days Not really had chance to trade myself, busy doing other things. Also have to go away for the next couple of days on a work trip so will miss even more of the action Placed a quick in and out short just now with larger than usual lot size and picked up some pocket money for the trip
Good pipping to you and all the other guys on the tread. See u laters.
  • #90,622
  • Oct 7, 2008 11:21pm Oct 7, 2008 11:21pm
not doing well today..any ideas where this is going?
  • #90,623
  • Oct 7, 2008 11:52pm Oct 7, 2008 11:52pm
look like 3 drive pattern at 30m chart
any guy see that .. but wait and see
  • #90,624
  • Oct 8, 2008 12:48am Oct 8, 2008 12:48am
Quoting alearner
not doing well today..any ideas where this is going?
what are you using for a "system"?
have you tried looking at a support and resistace and trading the bounces? that's where the real trades are.
you can get 10-20 all day long on a good 5-15M system, but why expose yourself to every trade when you can make 2 or three real quality trades and close for 50-100.

also, how long have you been trading? if not long i hope ur on demo and if you're live then i hope you're scaling back the size of your trades if you're not doing well.
  • #90,625
  • Oct 8, 2008 12:54am Oct 8, 2008 12:54am
if break 1.7424.. it will be going down
mmmmm.......
  • #90,626
  • Oct 8, 2008 1:16am Oct 8, 2008 1:16am
Quoting firds
if break 1.7424.. it will be going down
mmmmm.......
Should we consider that as a retracement up north? or still hold on if it will break down south?
  • #90,627
  • Oct 8, 2008 1:30am Oct 8, 2008 1:30am
North or South?

Head or Tail?

Am holding on for now... !!!
  • #90,628
  • Edited 1:44am Oct 8, 2008 1:33am | Edited 1:44am
Quoting peulthai
North or South?

Head or Tail?

Am holding on for now... !!!
i close my short from 559 for +85 and am long now at 456..sl set to BE..TP set to 555
risk free trade so it can do what ever it wants.

EDIT....Closed at 518...not certain it will keep climbing and i just wanted the pips. up around 250 for the day

EDIT II.... haha...no sonner did i close my trade and my target of 55 was hit..CRAP it's skyrocketing...583
  • #90,629
  • Oct 8, 2008 2:01am Oct 8, 2008 2:01am
hi

more than 150 pips few seconds
  • #90,630
  • Oct 8, 2008 2:03am Oct 8, 2008 2:03am
Quoting dakrusha
i close my short from 559 for +85 and am long now at 456..sl set to BE..TP set to 555
risk free trade so it can do what ever it wants.

EDIT....Closed at 518...not certain it will keep climbing and i just wanted the pips. up around 250 for the day

EDIT II.... haha...no sonner did i close my trade and my target of 55 was hit..CRAP it's skyrocketing...583

I like the way you trade especialy when i see them actualised as you say them.

Wont mind being a student of darkrusha
  • #90,631
  • Oct 8, 2008 2:04am Oct 8, 2008 2:04am
Quoting deboooo2005
hi

more than 150 pips few seconds
your position..long ur shot
  • #90,632
  • Oct 8, 2008 2:07am Oct 8, 2008 2:07am
Quoting firds
your position..long ur shot
no position
  • #90,633
  • Oct 8, 2008 2:08am Oct 8, 2008 2:08am
Quoting peulthai
I like the way you trade especialy when i see them actualised as you say them.

Wont mind being a student of darkrusha
thanks, but all i'm doing is watching price action, payin attention to S/R levels, fibs..rudimentary stuff really.

i just wish i had the cajones to play it to my Target. i had a feeling it would go higher but i don't usually play to where i think it will go, i play short of that so if it doesnt' get there. i'm still safe......usually.

for me the biggest key is placing my SL at BE as soon as it's safe to do so.
I end up with a lot of "0" trades, but i would rather have that then a bunch of trades in "-" that i gotta watch and pray cuz that sux!!!
  • #90,634
  • Oct 8, 2008 2:08am Oct 8, 2008 2:08am
Quoting dakrusha
i close my short from 559 for +85 and am long now at 456..sl set to BE..TP set to 555
risk free trade so it can do what ever it wants.

EDIT....Closed at 518...not certain it will keep climbing and i just wanted the pips. up around 250 for the day

EDIT II.... haha...no sonner did i close my trade and my target of 55 was hit..CRAP it's skyrocketing...583

Am still long i didnt close out my trade.... looking at 1.7677

What do you think?
  • #90,635
  • Oct 8, 2008 2:10am Oct 8, 2008 2:10am
Quoting deboooo2005
hi

more than 150 pips few seconds
SHe's on fire!
Just digging in the trenches like everyone else!
  • #90,636
  • Oct 8, 2008 2:14am Oct 8, 2008 2:14am
Quoting peulthai
Am still long i didnt close out my trade.... looking at 1.7677

What do you think?
can't say...CRAP!!! i just lost my charts...i have no idea what's going on...i feel like i'm totally blind!

EDIT...ok now i got my charts back..677 looks doable, what was your entry?
  • #90,637
  • Oct 8, 2008 2:15am Oct 8, 2008 2:15am
Quoting eohater
SHe's on fire!
yeah my short from earlier ended up being +85 and STILL came back and BE'd me in the next 30 minutes...HAHA...
  • #90,638
  • Oct 8, 2008 2:16am Oct 8, 2008 2:16am
Next short at the 50 ema on the 4h.
Just digging in the trenches like everyone else!
  • #90,639
  • Oct 8, 2008 2:17am Oct 8, 2008 2:17am
Quoting dakrusha
yeah my short from earlier ended up being +85 and STILL came back and BE'd me in the next 30 minutes...HAHA...
I've got one better....my shorts were up almost 200 pips and ended up closing me out at +20....
Just digging in the trenches like everyone else!
  • #90,640
  • Oct 8, 2008 2:19am Oct 8, 2008 2:19am
Quoting eohater
I've got one better....my shorts were up almost 200 pips and ended up closing me out at +20....
OH SCHNAPP!!!!!
and i thought i was bumed at my BE!...
better than negative though.!!!!
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