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Cable Update (GBPUSD)

  • #94,121
  • Oct 27, 2008 1:59pm Oct 27, 2008 1:59pm
Quoting manize
Thank, secured min +10 pips !
Good job!
Just digging in the trenches like everyone else!
  • #94,122
  • Oct 27, 2008 2:01pm Oct 27, 2008 2:01pm
I've been riding my long entry @ 1.5285.
Dont know when to get out
Guess i wait till i get 500 pips
  • #94,123
  • Oct 27, 2008 2:05pm Oct 27, 2008 2:05pm
Quoting eohater
Good job!
I tried your strategy, SL +1, because I've already got +75 pips on Asia Session !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #94,124
  • Oct 27, 2008 2:06pm Oct 27, 2008 2:06pm
Quoting gagakrimba
I've been riding my long entry @ 1.5285.
Dont know when to get out
Guess i wait till i get 500 pips
cool
When life gives you lemons, make lemonade
  • #94,125
  • Oct 27, 2008 2:07pm Oct 27, 2008 2:07pm
Quoting manize
I tried your strategy, SL +1, because I've already got +75 pips on Asia Session !
im gonna start doing stuff like that
  • #94,126
  • Oct 27, 2008 2:09pm Oct 27, 2008 2:09pm
i closed my short for +403. (open on friday at 1.5920 closed at 1.5517) i think i reenter short in 1h 100 EMA placed now around 1.6045. maybe a little bit beyond (1.6120) if it reached...

This movement looks like a A&E double bottom.. and its target is around the monthly s3, 1.6040 according to my charts.

Seems like OIL would move UP. is trying to moving out from the largest downtrend channel. is possible to see in the next days Oil at 80 again
  • #94,127
  • Oct 27, 2008 2:10pm Oct 27, 2008 2:10pm
Quoting nAVIN2007
im gonna start doing stuff like that
just enter near the 38% fibonacci of one nice trend and u can get out of the trade with minimal damage even after 1 week
When life gives you lemons, make lemonade
  • #94,128
  • Oct 27, 2008 2:11pm Oct 27, 2008 2:11pm
Quoting micho
just enter near the 38% fibonacci of one nice trend and u can get out of the trade with minimal damage even after 1 week
thanks bro i will look into this
  • #94,129
  • Oct 27, 2008 2:13pm Oct 27, 2008 2:13pm
Quoting manize
I tried your strategy, SL +1, because I've already got +75 pips on Asia Session !
I'll explain some more tonight on how I move my SL. Good job! If your getting good entries then you can secure yourself rather quickly! Then manage the move. As we all know she can move in a heart beat!
Just digging in the trenches like everyone else!
  • #94,130
  • Oct 27, 2008 2:14pm Oct 27, 2008 2:14pm
Quoting nAVIN2007
thanks bro i will look into this
look for a strong trend and then draw the Fibonacci, then whenever you see the price approaching to this level... enter if u dont see a strong counter trend at that time and then you can get profit at the 23% or ride it to the 100% and the tp levels
When life gives you lemons, make lemonade
  • #94,131
  • Oct 27, 2008 2:15pm Oct 27, 2008 2:15pm
Quoting nAVIN2007
im gonna start doing stuff like that
I am sure, you'll be success !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #94,132
  • Oct 27, 2008 2:16pm Oct 27, 2008 2:16pm
i have one sell limit at the fibonacci 50% 1.5791
hope it gets there it will be cool
When life gives you lemons, make lemonade
  • #94,133
  • Oct 27, 2008 2:18pm Oct 27, 2008 2:18pm
Quoting micho
i have one sell limit at the fibonacci 50% 1.5791
hope it gets there it will be cool
I hope so too! I'll be going short myself around that price!
Just digging in the trenches like everyone else!
  • #94,134
  • Oct 27, 2008 2:20pm Oct 27, 2008 2:20pm
Quoting eohater
I'll explain some more tonight on how I move my SL. Good job! If your getting good entries then you can secure yourself rather quickly! Then manage the move. As we all know she can move in a heart beat!
I see, I got good entries frequently, but just only got + 10 pips. Still need much more exprience to have a sense in manage SL. Thank bro to guide me !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #94,135
  • Oct 27, 2008 2:21pm Oct 27, 2008 2:21pm
and maybe it will go to 1.5914!!!! that would be even better
When life gives you lemons, make lemonade
  • #94,136
  • Oct 27, 2008 2:23pm Oct 27, 2008 2:23pm
navin, 1.5668 is the 38% of the last big trend see how the price stays around it for a while... but the uptrend seems a bit strong so im not gonna enter now here... i entered from 2 hours at this price and closed it for 37 pips but now its testing it to break it i think
When life gives you lemons, make lemonade
  • #94,137
  • Oct 27, 2008 2:27pm Oct 27, 2008 2:27pm
Quoting micho
and maybe it will go to 1.5914!!!! that would be even better
anything is possible. I don't like to predict price movement just take the setups that are offered. right now the 4h chart is looking like she is going to close below the 10sma which is 1.5681 currently. The next 4h candle should probably respect the 10sma as well with a spike or two above it for our short entries off the 1h 50ema. Don't get me wrong and go short on the new candle because she can still blow up and run north to who knows where. Trade the setups that work and secure your moves!
Just digging in the trenches like everyone else!
  • #94,138
  • Oct 27, 2008 2:32pm Oct 27, 2008 2:32pm
Quoting bravado
i am GUARANTEED at MINIMUM 4000+ pips should my trades head the other direction.

4000+ pips MINIMUM for this week.

bravado.
a pro.

Let's kick this shit old school style

I am guaranteed JUST AS MANY PIPS.
BOOOOYEAH!!!!!
Just Trade It
  • #94,139
  • Oct 27, 2008 2:33pm Oct 27, 2008 2:33pm
Quoting manize
I am sure, you'll be success !
i hope so bro...ive been paralysed lately...im thinking of opening another account to do microlots.....
  • #94,140
  • Oct 27, 2008 2:34pm Oct 27, 2008 2:34pm
Quoting eohater
anything is possible. I don't like to predict price movement just take the setups that are offered. right now the 4h chart is looking like she is going to close below the 10sma which is 1.5681 currently. The next 4h candle should probably respect the 10sma as well with a spike or two above it for our short entries off the 1h 50ema. Don't get me wrong and go short on the new candle because she can still blow up and run north to who knows where. Trade the setups that work and secure your moves!
im trying to compare with the Fibonacci levels and the moving averages you are talking about
When life gives you lemons, make lemonade
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