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Cable Update (GBPUSD)

  • #91,641
  • Oct 14, 2008 1:56pm Oct 14, 2008 1:56pm
Quoting eohater
Yes it does! I'll be closing my short I just took 18min ago and going long there.
Great! I didn't get a ticket to this ride... yet.... but the 10ema on the m15 is looking quite juicy. The next h4 close will be crucial and also... keep an eye on the daily close...
Patience + Discipline - Greed = Success
  • #91,642
  • Oct 14, 2008 2:06pm Oct 14, 2008 2:06pm
Quoting Infinity
Great! I didn't get a ticket to this ride... yet.... but the 10ema on the m15 is looking quite juicy. The next h4 close will be crucial and also... keep an eye on the daily close...
I just crashed again. Still in the process of getting back up and going. My short is unprotected at the moment...UGGH!
Just digging in the trenches like everyone else!
  • #91,643
  • Oct 14, 2008 2:07pm Oct 14, 2008 2:07pm
Quoting eohater
I just crashed again. Still in the process of getting back up and going. My short is unprotected at the moment...UGGH!
Damn computers...
Patience + Discipline - Greed = Success
  • #91,644
  • Oct 14, 2008 2:14pm Oct 14, 2008 2:14pm
Quoting eohater
I'm not sold on going short at this price right now!
and your short? ye right
  • #91,645
  • Oct 14, 2008 2:16pm Oct 14, 2008 2:16pm
Quoting eohater
I just crashed again. Still in the process of getting back up and going. My short is unprotected at the moment...UGGH!

I hate computers! I have VT Trader on my PC at home and it always is slow or crashing. I wish I could trade on my Mac, would be so much better.
  • #91,646
  • Oct 14, 2008 2:23pm Oct 14, 2008 2:23pm
Quoting FOURX
and your short? ye right
What are you saying...
Patience + Discipline - Greed = Success
  • #91,647
  • Oct 14, 2008 2:23pm Oct 14, 2008 2:23pm
Quoting FOURX
and your short? ye right
If I could post a chart I would show you why I wasn't sold at going short at the time of the post. It was a long candle. My system tells me not to enter on a long candle. The long candle closed below the 10ema on the 15m. I took the short. I still don't know how it's doing because of my damn computer.
Just digging in the trenches like everyone else!
  • #91,648
  • Oct 14, 2008 2:28pm Oct 14, 2008 2:28pm
Quoting eohater
If I could post a chart I would show you why I wasn't sold at going short at the time of the post. It was a long candle. My system tells me not to enter on a long candle. The long candle closed below the 10ema on the 15m. I took the short. I still don't know how it's doing because of my damn computer.
Your short should be nice and green right now..
Patience + Discipline - Greed = Success
  • #91,649
  • Oct 14, 2008 2:29pm Oct 14, 2008 2:29pm
Quoting micho
i feel unlucky
i only needed 1 year to make a fortune but no god had another opinion
dont worry the main thing is u see the crazy movement and realise its crazy.thats always the first step...now we must just wait for the right steps to present themselves...im not convienced this is will go down much further

gotta wait for the dailly i think.lets see
  • #91,650
  • Oct 14, 2008 2:39pm Oct 14, 2008 2:39pm
Quoting Infinity
Your short should be nice and green right now..
I just got out at +1. My computer is still crashing.
Just digging in the trenches like everyone else!
  • #91,651
  • Oct 14, 2008 2:41pm Oct 14, 2008 2:41pm
Quoting FOURX
and your short? ye right
It's people like you that made me quit posting my trades a while back. Don't look for people on the forum to give you a free ride. I'm not here for that. If you want to learn from my posts GREAT. If you don't then buzz off! I don't have anything to prove to you or anyone else for that matter.
Just digging in the trenches like everyone else!
  • #91,652
  • Oct 14, 2008 2:41pm Oct 14, 2008 2:41pm
Quoting nAVIN2007
dont worry the main thing is u see the crazy movement and realise its crazy.thats always the first step...now we must just wait for the right steps to present themselves...im not convienced this is will go down much further

gotta wait for the dailly i think.lets see

Dont you think it is North bound now?

My 5min chart is showing strong buy, 15min a weak buy... though trend is downward
  • #91,653
  • Oct 14, 2008 2:42pm Oct 14, 2008 2:42pm
All my US pairs bearish. AU/EU bullish. Probably GU too.
  • #91,654
  • Oct 14, 2008 2:50pm Oct 14, 2008 2:50pm
i noticed something really funny... people including me tend to have a higher success rate with short positions instead of long positions. i guess you get a feeling that the price might go down all the time because of gravity so we get scared to go long until we see a large spike which psychologically makes us automatically enter in a long only to be caught by a retracement... but for the short trade, you get a better feeling and timing on it because we all think gravity dont we hahahahahah
When life gives you lemons, make lemonade
  • #91,655
  • Oct 14, 2008 2:52pm Oct 14, 2008 2:52pm
Quoting micho
i noticed something really funny... people including me tend to have a higher success rate with short positions instead of long positions. i guess you get a feeling that the price might go down all the time because of gravity so we get scared to go long until we see a large spike which psychologically makes us automatically enter in a long only to be caught by a retracement... but for the short trade, you get a better feeling and timing on it because we all think gravity dont we hahahahahah
Never heard it explained that way before. I know some traders that are only successful trading long and vice versa. I think alot of it is the trader themselves and the inner feelings. Some people just do better spotting the longs and some do better spotting the shorts. The goal is to be able to spot them both.
Just digging in the trenches like everyone else!
  • #91,656
  • Oct 14, 2008 2:57pm Oct 14, 2008 2:57pm
Quoting eohater
Never heard it explained that way before. I know some traders that are only successful trading long and vice versa. I think alot of it is the trader themselves and the inner feelings. Some people just do better spotting the longs and some do better spotting the shorts. The goal is to be able to spot them both.
if they can spot one side it will be great... then all they have to do is turn the screen upside down and they will get both sides
i miss the days when i used to go to sleep while my EA makes so much money and i wake up in the morning smiling
now i have to sit on my nerves in front of the screen watching the big lots go up and down hahahahaha loooooooool
i wonder when will i lose it all
When life gives you lemons, make lemonade
  • #91,657
  • Oct 14, 2008 3:00pm Oct 14, 2008 3:00pm
Quoting micho
i noticed something really funny... people including me tend to have a higher success rate with short positions instead of long positions. i guess you get a feeling that the price might go down all the time because of gravity so we get scared to go long until we see a large spike which psychologically makes us automatically enter in a long only to be caught by a retracement... but for the short trade, you get a better feeling and timing on it because we all think gravity dont we hahahahahah
ive actually given up going counter trend, i have no guts left trying to find bottoms... at least when u go with trend even 100 pip margin difference can be made easily with this trend
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  • #91,658
  • Oct 14, 2008 3:02pm Oct 14, 2008 3:02pm
I give up. Looks like its a short.
  • #91,659
  • Oct 14, 2008 3:02pm Oct 14, 2008 3:02pm
Quoting micho
if they can spot one side it will be great... then all they have to do is turn the screen upside down and they will get both sides
i....
I'll tell my friends this! They'll get a kick out of it!
Just digging in the trenches like everyone else!
  • #91,660
  • Oct 14, 2008 3:03pm Oct 14, 2008 3:03pm
H4 looking good....
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Patience + Discipline - Greed = Success
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