I just jumped back in at 7246
HOLLA
Cable Update (GBPUSD)
- #92,021
- Oct 16, 2008 9:54am Oct 16, 2008 9:54am
- | Joined May 2007 | Status: Trader | 4,716 Posts
HOLLA
- #92,022
- Oct 16, 2008 9:56am Oct 16, 2008 9:56am
- Joined Mar 2008 | Status: Fooled by randomness | 8,362 Posts
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?
rsi>50 the same
dont ever short a the bottom or buy the top wait for retracement or dont trade
When life gives you lemons, make lemonade
- #92,023
- Oct 16, 2008 9:59am Oct 16, 2008 9:59am
- Joined Feb 2008 | Status: Trader | 5,732 Posts
I just jumped back in at 7246
... This next hour is very crucial though... lets see how it plays...
Patience + Discipline - Greed = Success
- #92,024
- Oct 16, 2008 9:59am Oct 16, 2008 9:59am
- Joined May 2008 | Status: "One for all, and all for one" | 11,228 Posts
no once rsi <50, u wait for retracement to the 23% or better to the 38% then short
rsi>50 the same
dont ever short a the bottom or buy the top wait for retracement or dont trade
Just digging in the trenches like everyone else!
- #92,025
- Oct 16, 2008 9:59am Oct 16, 2008 9:59am
- Joined Feb 2008 | Status: Trader | 5,732 Posts
Your prayers were answered!!!
HOLLA
Patience + Discipline - Greed = Success
- #92,026
- Oct 16, 2008 10:00am Oct 16, 2008 10:00am
- Joined May 2008 | Status: "One for all, and all for one" | 11,228 Posts
Great!! Welcome aboard...
Just digging in the trenches like everyone else!
- #92,027
- Oct 16, 2008 10:02am Oct 16, 2008 10:02am
- Joined Feb 2008 | Status: Trader | 5,732 Posts
no matter what system you use this is KEY learn it and live by it!
Patience + Discipline - Greed = Success
- #92,028
- Oct 16, 2008 10:03am Oct 16, 2008 10:03am
- | Joined May 2007 | Status: Trader | 4,716 Posts
no matter what system you use this is KEY learn it and live by it!
Knowledge is power!!!!
HOLLA
- #92,029
- Edited 10:23am Oct 16, 2008 10:10am | Edited 10:23am
- | Joined Dec 2007 | Status: Trader | 3,220 Posts
I am wating for as shown on the circle to entry. Just a moment went short at 1.7227. When reach 30 pips, locked +20 pips and hit. Sofar about + 80 pips = +100 pips ( success) - 20 pips (failed, hit SL)
Till closing time maybe I do short only, because 5M dan 15M shown overall down trend on monitor space !
Till closing time maybe I do short only, because 5M dan 15M shown overall down trend on monitor space !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
- #92,030
- Oct 16, 2008 10:15am Oct 16, 2008 10:15am
- Joined Mar 2008 | Status: Fooled by randomness | 8,362 Posts
i traded AUDUSD and USDJPY today .. didnt trade cable
When life gives you lemons, make lemonade
- #92,031
- Oct 16, 2008 10:18am Oct 16, 2008 10:18am
- Joined Mar 2008 | Status: Fooled by randomness | 8,362 Posts
When life gives you lemons, make lemonade
- #92,032
- Oct 16, 2008 10:22am Oct 16, 2008 10:22am
- Joined May 2008 | Status: "One for all, and all for one" | 11,228 Posts
Just digging in the trenches like everyone else!
- #92,033
- Oct 16, 2008 10:25am Oct 16, 2008 10:25am
- Joined Feb 2008 | Status: Trader | 5,732 Posts
Break the damn trendline already!!!....
.....please...
.....please... 
Patience + Discipline - Greed = Success
- #92,034
- Oct 16, 2008 10:26am Oct 16, 2008 10:26am
- Joined Mar 2008 | Status: Fooled by randomness | 8,362 Posts
I take payment twice a month from my account regardless of gain or loss.
When life gives you lemons, make lemonade
- #92,035
- Oct 16, 2008 10:26am Oct 16, 2008 10:26am
- | Joined May 2007 | Status: Trader | 4,716 Posts
Break the damn trendline already!!!....
HOLLA
- #92,036
- Oct 16, 2008 10:27am Oct 16, 2008 10:27am
- Joined May 2008 | Status: "One for all, and all for one" | 11,228 Posts
Break the damn trendline already!!!....
Just digging in the trenches like everyone else!
- #92,037
- Oct 16, 2008 10:28am Oct 16, 2008 10:28am
- | Joined May 2007 | Status: Trader | 4,716 Posts
I take payment twice a month from my account regardless of gain or loss.
HOLLA
- #92,038
- Oct 16, 2008 10:28am Oct 16, 2008 10:28am
- Joined May 2008 | Status: "One for all, and all for one" | 11,228 Posts
And I thought I was the only one!!
HOLLA
Just digging in the trenches like everyone else!
- #92,039
- Oct 16, 2008 10:28am Oct 16, 2008 10:28am
- | Joined Jul 2007 | Status: Trader | 1,036 Posts
5 times 20 pips = 100 pips
- #92,040
- Edited 11:14am Oct 16, 2008 10:28am | Edited 11:14am
- | Joined Dec 2007 | Status: Trader | 3,220 Posts
i traded AUDUSD and USDJPY today .. didnt trade cable
I only trade XAU/USD. Based on USD news & Fib SR & BB20