Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

#92,001
Oct 16, 2008 8:03am Oct 16, 2008 8:03am

PipGal
| Joined Sep 2008 | Status: Trader | 377 Posts

Quoting FxMatt

Disliked

I keep a record of all my trades and have lost the last 7 in a row (me trying too hard and not using my head!). Fortunately pip and cash loss minimal overall.

What is the worst single run of losses that you other guys have experienced?

Ignored

Try 10 in a row. But the last 5 have been profitable. I am learning.

#92,002
Oct 16, 2008 8:05am Oct 16, 2008 8:05am

manize
| Joined Dec 2007 | Status: Trader | 3,220 Posts

I am sure who long or short got green pips as long no greedy !

I only trade XAU/USD. Based on USD news & Fib SR & BB20

#92,003
Oct 16, 2008 8:06am Oct 16, 2008 8:06am

Ultraman
| Joined Mar 2008 | Status: Scalper RX System | 831 Posts

Quoting gagakrimba

Disliked

Long at 1.7260

Ignored

another short at 1.7282
TP : 1.7200

#92,004
Oct 16, 2008 8:15am Oct 16, 2008 8:15am

Ultraman
| Joined Mar 2008 | Status: Scalper RX System | 831 Posts

Quoting Ultraman

Disliked

another short at 1.7282
TP : 1.7200

Ignored

hit TP : 82pips + 59pips

#92,005
Oct 16, 2008 8:31am Oct 16, 2008 8:31am

eohater
Joined May 2008 | Status: "One for all, and all for one" | 11,228 Posts

Quoting PipGal

Disliked

Try 10 in a row. But the last 5 have been profitable. I am learning.

Ignored

Just digging in the trenches like everyone else!

#92,006
Oct 16, 2008 9:07am Oct 16, 2008 9:07am

Infinity
Joined Feb 2008 | Status: Trader | 5,732 Posts

I posted this chart last night and this is where price stopped... If this tl is broken to the downside we could see some nice pips... if it holds however, we could be heading up... I think the former is more likely though...

http://www.forexfactory.com/attachme...1&d=1224128063

Attached Image

Patience + Discipline - Greed = Success

#92,007
Oct 16, 2008 9:11am Oct 16, 2008 9:11am

Tiger Hunter
| Joined Oct 2007 | Status: Trader | 452 Posts

hi cable room

i posted my call yesterday for the continuation of bearish trend for cable and euro .

&here we are my very last position as shown in my charts are doing very good.

and i will keep all my holding positions coz my target is still so far baby..lol

is now obvious that usd strengthen against all the currencies.
is not temporary move it will last for months and may be even years .

that is why we see such very massive falls in euro&cable charts for the last weeks ago.

trade well guys and have fun.

Attached Image(s) (click to enlarge)

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#92,008
Oct 16, 2008 9:11am Oct 16, 2008 9:11am

Turtle
| Joined May 2007 | Status: Trader | 4,716 Posts

Quoting Infinity

Disliked

I posted this chart last night and this is where price stopped... If this tl is broken to the downside we could see some nice pips... if it holds however, we could be heading up... I think the former is more likely though...

http://www.forexfactory.com/attachme...1&d=1224128063

Ignored

Nice post......

She looks like she's taking a pause before the next big run!!

Which would probably set it up for Friday.

HOLLA

#92,009
Oct 16, 2008 9:17am Oct 16, 2008 9:17am

Infinity
Joined Feb 2008 | Status: Trader | 5,732 Posts

Quoting Turtle

Disliked

Nice post......

She looks like she's taking a pause before the next big run!!

Which would probably set it up for Friday.

HOLLA

Ignored

Patience + Discipline - Greed = Success

#92,010
Oct 16, 2008 9:19am Oct 16, 2008 9:19am

micho
Joined Mar 2008 | Status: Fooled by randomness | 8,374 Posts

Quoting FxMatt

Disliked

I keep a record of all my trades and have lost the last 7 in a row (me trying too hard and not using my head!). Fortunately pip and cash loss minimal overall.

What is the worst single run of losses that you other guys have experienced?

Ignored

just a tip brother, trade with the trend... only trade when all the time frames have rsi < 50... then u can consider a short on a retracement on 38%... you will win 90%

When life gives you lemons, make lemonade

#92,011
Oct 16, 2008 9:33am Oct 16, 2008 9:33am

eohater
Joined May 2008 | Status: "One for all, and all for one" | 11,228 Posts

If you short make sure you have profits locked in guys. Take a look at the prior 15m candle that is closed. If it does go up and the 10ema holds her then we'll continue to downard spiral. Otherwise we might have a pull back to the 35sma.

Just digging in the trenches like everyone else!

#92,012
Oct 16, 2008 9:34am Oct 16, 2008 9:34am

FxMatt
| Joined Oct 2008 | Status: Trader | 86 Posts

Quoting micho

Disliked

just a tip brother, trade with the trend... only trade when all the time frames have rsi < 50... then u can consider a short on a retracement on 38%... you will win 90%

Ignored

I appreciate the tip micho. Just scalped 20 pips so I am a little happier now.

I tend to use 5m, 1 hour and daily charts mainly. So I need rsi <50 on all 3 to go short & >50 to go long?

#92,013
Oct 16, 2008 9:35am Oct 16, 2008 9:35am

Infinity
Joined Feb 2008 | Status: Trader | 5,732 Posts

Quoting eohater

Disliked

If you short make sure you have profits locked in guys. Take a look at the prior 15m candle that is closed. If it does go up and the 10ema holds her then we'll continue to downard spiral. Otherwise we might have a pull back to the 35sma.

Ignored

I want her at the 15m 50....

Patience + Discipline - Greed = Success

#92,014
Oct 16, 2008 9:38am Oct 16, 2008 9:38am

eohater
Joined May 2008 | Status: "One for all, and all for one" | 11,228 Posts

Quoting Infinity

Disliked

I want her at the 15m 50....

Ignored

I'm short from 1.7277 and I took some profit out when I got 100, but I'm covered +10 with my remaining and will add at the 15m 50 if she holds. I'll want the candle to close near the 15m 50 with a little wick for a good entry.

Just digging in the trenches like everyone else!

#92,015
Oct 16, 2008 9:40am Oct 16, 2008 9:40am

Turtle
| Joined May 2007 | Status: Trader | 4,716 Posts

Quoting Infinity

Disliked

I want her at the 15m 50....

Ignored

That would be nice...but she might bounce at the 1hr 62.

HOLLA

#92,016
Oct 16, 2008 9:41am Oct 16, 2008 9:41am

eohater
Joined May 2008 | Status: "One for all, and all for one" | 11,228 Posts

We might only see the 35sma on the 15m. It's in line with the 1h 10ema. We're getting ready to turn the hour, these two working together might give us a nice bounce as well. Just something else to watch for.

Just digging in the trenches like everyone else!

#92,017
Oct 16, 2008 9:47am Oct 16, 2008 9:47am

eohater
Joined May 2008 | Status: "One for all, and all for one" | 11,228 Posts

She's trying to close out my shorts! Let's see that 1h 62 I'll short her ass there without a thought.

EDIT: She did close them out!

Just digging in the trenches like everyone else!

#92,018
Oct 16, 2008 9:51am Oct 16, 2008 9:51am

Infinity
Joined Feb 2008 | Status: Trader | 5,732 Posts

Quoting eohater

Disliked

We might only see the 35sma on the 15m. It's in line with the 1h 10ema. We're getting ready to turn the hour, these two working together might give us a nice bounce as well. Just something else to watch for.

Ignored

I got in at the 50..