If the 15 min 50 EMA doesn't hold what does that mean? further retracement to 50%?
Cable Update (GBPUSD)
- #91,382
- Oct 13, 2008 12:42pm Oct 13, 2008 12:42pm
- Joined Mar 2008 | Status: Fooled by randomness | 8,361 Posts
If the 15 min 50 EMA doesn't hold what does that mean? further retracement to 50%?
When life gives you lemons, make lemonade
- #91,383
- Oct 13, 2008 12:43pm Oct 13, 2008 12:43pm
- | Joined May 2007 | Status: Trader | 4,716 Posts
If the 15 min 50 EMA doesn't hold what does that mean? further retracement to 50%?
HOLLA
- #91,385
- Oct 13, 2008 12:43pm Oct 13, 2008 12:43pm
- Joined Mar 2008 | Status: Fooled by randomness | 8,361 Posts
When life gives you lemons, make lemonade
- #91,386
- Oct 13, 2008 12:45pm Oct 13, 2008 12:45pm
close +129 pips this was my biggest trade profit!!!thanks GOD!i hope i can learn again from you all guys thanks a lot!
i am going to sleep now because on my time is 12.55 AM..Good trade guys..
i am going to sleep now because on my time is 12.55 AM..Good trade guys.. wish me luck!
- #91,387
- Oct 13, 2008 12:46pm Oct 13, 2008 12:46pm
- | Joined Dec 2007 | Status: Trader | 3,220 Posts
close +129 pips this was my biggest trade profit!!!thanks GOD!i hope i can learn again from you all guys thanks a lot!
I only trade XAU/USD. Based on USD news & Fib SR & BB20
- #91,388
- Oct 13, 2008 12:47pm Oct 13, 2008 12:47pm
- | Joined Apr 2008 | Status: Trader | 1,231 Posts
IMO, gu is in buying territory. Don't let the money train leave you behind 
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- #91,389
- Oct 13, 2008 12:48pm Oct 13, 2008 12:48pm
- Joined May 2008 | Status: "One for all, and all for one" | 11,228 Posts
Just digging in the trenches like everyone else!
- #91,390
- Oct 13, 2008 12:51pm Oct 13, 2008 12:51pm
- Joined Apr 2007 | Status: USF Statistics | 2,248 Posts
My shorts are closed out. It's about time for her to turn around and go back to the day's recent high. We are having problems breaking through the 15m 50 ema. She closed down on one candle then the next candle closed above it. She could be going back up! I'm not calling this nor am I trading it. I'm happy with my pips for the day.
- #91,391
- Oct 13, 2008 12:53pm Oct 13, 2008 12:53pm
- | Joined Dec 2007 | Status: Trader | 3,220 Posts
My shorts are closed out. It's about time for her to turn around and go back to the day's recent high. We are having problems breaking through the 15m 50 ema. She closed down on one candle then the next candle closed above it. She could be going back up! I'm not calling this nor am I trading it. I'm happy with my pips for the day.
I only trade XAU/USD. Based on USD news & Fib SR & BB20
- #91,392
- Oct 13, 2008 12:55pm Oct 13, 2008 12:55pm
- Joined Mar 2008 | Status: Fooled by randomness | 8,361 Posts
best romance story, spend some pips to buy it 
When life gives you lemons, make lemonade
- #91,393
- Oct 13, 2008 12:55pm Oct 13, 2008 12:55pm
- Joined May 2008 | Status: "One for all, and all for one" | 11,228 Posts
you have a very good analysis, true technican at work!!
How are you doing?
Just digging in the trenches like everyone else!
- #91,395
- Oct 13, 2008 12:57pm Oct 13, 2008 12:57pm
- Joined Mar 2008 | Status: Fooled by randomness | 8,361 Posts
Thanks bro!
How are you doing?
you have nice analysis
When life gives you lemons, make lemonade
- #91,396
- Oct 13, 2008 12:58pm Oct 13, 2008 12:58pm
- Joined May 2008 | Status: "One for all, and all for one" | 11,228 Posts
Thank so much master, frankly I just know about EMA from you, and I can apply it well now !
I'm no master, just fighting the good fight and learning everday like everyone else.
Thank you for the compliment, but I'm still a student and will always remain that way until I'm done trading which won't be for a loooonnnnngggggg time!
Just digging in the trenches like everyone else!
- #91,397
- Oct 13, 2008 12:59pm Oct 13, 2008 12:59pm
if you play with 0.1 lot you can trade and be cool
but you have to wait for 100 pips to get 100$ and you have to set stop losses as well... so its not rewarding but much less risk
i went up from 5.5k to 14k in 3 months, then in august and September went from 14k to 6k because of the change of pattern. then i stopped using the EA.... then i went from 6k to 5.7k... i got pissed off... so i started trading manually 10 pips big lots... i went from 5.7k to 9.7k in 1 month so... i am planning to withdraw my 5.5k base balance and play with the 5k profit to be on the safe side because i admit im trading in a very risky way manually... one move and you're dead
i didnt sell nor gave out the code of the EA to anyone except few
but after all my equity has 100% gain from september i start..hope i can survive this market continously.. wish me luck!
- #91,398
- Oct 13, 2008 1:00pm Oct 13, 2008 1:00pm
- | Joined Apr 2008 | Status: Trader | 1,231 Posts
IMO, gu is in buying territory. Don't let the money train leave you behind
- #91,399
- Oct 13, 2008 1:00pm Oct 13, 2008 1:00pm
- Joined Mar 2008 | Status: Fooled by randomness | 8,361 Posts
Question, how would you know it will "go back to the day's recent high"? Are you saying she will try to test it?
possible first target 1.7545
main resistance 1.7503
that doesnt mean that we will go there today or tomorrow... but it will itch to reach there :nerd:
When life gives you lemons, make lemonade
