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Cable Update (GBPUSD)

  • #93,141
  • Oct 22, 2008 7:27am Oct 22, 2008 7:27am
Now Possible Retrace To 1.6578

Ps: That Doesn't Mean Go Long Ok!!!!!!!!!!!!!!!!!!!!
When life gives you lemons, make lemonade
  • #93,142
  • Oct 22, 2008 7:28am Oct 22, 2008 7:28am
Quoting PipGal
4H chart looks like it could be turning....
You might be right, what a huge candle
please DON'T copy my trades I am still learning
  • #93,143
  • Oct 22, 2008 7:28am Oct 22, 2008 7:28am
Up Up and away!
Attached Image
  • #93,144
  • Oct 22, 2008 7:29am Oct 22, 2008 7:29am
Quoting micho
yep i mean what you said, i closed it already at 1.63
how are YOU pipgal
Hanging in there buddy. Good pips yesterday. Now looking to go long, maybe? Still on sidelines, no clear direction yet...
  • #93,145
  • Oct 22, 2008 7:30am Oct 22, 2008 7:30am
Quoting PipGal
Hanging in there buddy. Good pips yesterday. Now looking to go long, maybe? Still on sidelines, no clear direction yet...
so if you go long, what is your stop loss and what is your take profit?
When life gives you lemons, make lemonade
  • #93,146
  • Oct 22, 2008 7:31am Oct 22, 2008 7:31am
Do you think we can see the 35 SMA 1H at 6724?
  • #93,147
  • Oct 22, 2008 7:32am Oct 22, 2008 7:32am
Quoting micho
so if you go long, what is your stop loss and what is your take profit?
I am happy with 100 pips a day. Once I get that, I close my computer, and eat ice cream.

  • #93,148
  • Oct 22, 2008 7:35am Oct 22, 2008 7:35am
Quoting PipGal
I am happy with 100 pips a day. Once I get that, I close my computer, and eat ice cream.

100 pips the first day and -300 in the second day? i dont think +100 would be a realistic target
When life gives you lemons, make lemonade
  • #93,149
  • Oct 22, 2008 7:37am Oct 22, 2008 7:37am
Quoting micho
100 pips the first day and -300 in the second day? i dont think +100 would be a realistic target

So true, so true

That's how my account rolls.
  • #93,150
  • Oct 22, 2008 7:42am Oct 22, 2008 7:42am
Quoting PipGal
So true, so true

That's how my account rolls.
thats how most accounts roll
thats why its better if you play demo, you need time to make testing for a system... if you find a profitable one then you trade live otherwise you stop forex
When life gives you lemons, make lemonade
  • #93,151
  • Oct 22, 2008 7:43am Oct 22, 2008 7:43am
Quoting micho
thats how most accounts roll
thats why its better if you play demo, you need time to make testing for a system... if you find a profitable one then you trade live otherwise you stop forex
Although the system that EOHater has shown can be profitable if you're not greedy. Like 30-40 pips a day. Basta.
  • #93,152
  • Oct 22, 2008 7:46am Oct 22, 2008 7:46am
Quoting PipGal
Although the system that EOHater has shown can be profitable if you're not greedy. Like 30-40 pips a day. Basta.


HOLLA
  • #93,153
  • Oct 22, 2008 7:49am Oct 22, 2008 7:49am
Quoting micho
This morning cable broke through an earlier support line that I had marked on my 2 hr chart. Could this now be resistance at around the 16450 region?

Hope my attachment works (first time of trying)
Attached Image (click to enlarge)
Click to Enlarge Name: untitled.JPG Size: 110 KB
  • #93,154
  • Oct 22, 2008 7:49am Oct 22, 2008 7:49am
Quoting PipGal
Although the system that EOHater has shown can be profitable if you're not greedy. Like 30-40 pips a day. Basta.
when its trendy, it works when its ranging it loses
When life gives you lemons, make lemonade
  • #93,155
  • Oct 22, 2008 8:15am Oct 22, 2008 8:15am
anyone have any trades open?
  • #93,156
  • Oct 22, 2008 8:16am Oct 22, 2008 8:16am
Quoting spintrader
anyone have any trades open?
yeah i have one short and one long at 1.64

long target 1.6470 (EDITED TP 1.6460)

and short floating
When life gives you lemons, make lemonade
  • #93,157
  • Oct 22, 2008 8:37am Oct 22, 2008 8:37am
i haven't seen this user called FORBES today, maybe he lost his account already yesterday while going long again
When life gives you lemons, make lemonade
  • #93,158
  • Oct 22, 2008 8:39am Oct 22, 2008 8:39am
Quoting micho
i haven't seen this user called FORBES today, maybe he lost his account already yesterday while going long again
If he did, it's not like we didn't warn him about going against the trend.
  • #93,159
  • Oct 22, 2008 8:40am Oct 22, 2008 8:40am
If he did, it's not like we didn't warn him about going against the trend.
  • #93,160
  • Oct 22, 2008 8:40am Oct 22, 2008 8:40am
lol... still looking for a hostile words...

PLEASE BREAK UPWARDS GBP...
just until 1.6550 is enough...

Quoting micho
i haven't seen this user called FORBES today, maybe he lost his account already yesterday while going long again
Money management is good for your health...
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