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Cable Update (GBPUSD)

  • #94,301
  • Oct 28, 2008 7:02am Oct 28, 2008 7:02am
Quoting \"expert\"
Hi micho.Do you still sculp on 1 min chart??Still using micro lot??
hiya

no not scalping... i use alot of time frames but now i am looking at the higher ones

yep im using 0.1 lot... i withdrew my profits 2 weeks ago and left a small amount of money in my account to play with
When life gives you lemons, make lemonade
  • #94,302
  • Oct 28, 2008 7:02am Oct 28, 2008 7:02am
Quoting micho
i lifted my sell trigger to 1.5825
Why when we are going down now to 5715 area then 5700 and then 5675 area.This would be nice plan .Let see
  • #94,303
  • Oct 28, 2008 7:06am Oct 28, 2008 7:06am
Quoting \"expert\"
Why when we are going down now to 5715 area then 5700 and then 5675 area.This would be nice plan .Let see
i dunno i think it might go to 1.5826
if it went down it means i missed it but better be in a bad position
When life gives you lemons, make lemonade
  • #94,304
  • Oct 28, 2008 7:07am Oct 28, 2008 7:07am
just sold at 29 and took profit at 02

thats a quickie to begin with
When life gives you lemons, make lemonade
  • #94,305
  • Oct 28, 2008 7:08am Oct 28, 2008 7:08am
cause it usually retraces to at least 23% when it encounters resistance... and the 23% is 1.5702, the 38% is the mighty 1.5668 level which coincides with the 38% of the big 4h
When life gives you lemons, make lemonade
  • #94,306
  • Oct 28, 2008 7:11am Oct 28, 2008 7:11am
Quoting \"expert\"
Why when we are going down now to 5715 area then 5700 and then 5675 area.This would be nice plan .Let see
Did i see 5700 on my platform.Oh i did.

If 5 min gann flips i am short again
If 4hr flips i am long again.190 pips so far.and US session didn't start
  • #94,307
  • Oct 28, 2008 7:12am Oct 28, 2008 7:12am
Looks like this baby is going North today :d
  • #94,308
  • Oct 28, 2008 7:13am Oct 28, 2008 7:13am
Just pass that 1.575 already..
  • #94,309
  • Oct 28, 2008 7:14am Oct 28, 2008 7:14am
lol i just got +26 today
if 1.5750 breaks (and i think it will) next resistance 1.5792 then targets 1.5826 and 1.583x i think we will see that)
When life gives you lemons, make lemonade
  • #94,310
  • Oct 28, 2008 7:14am Oct 28, 2008 7:14am
Looks like this baby is going North today
  • #94,311
  • Oct 28, 2008 7:15am Oct 28, 2008 7:15am
Quoting micho
i dunno i think it might go to 1.5826
if it went down it means i missed it but better be in a bad position
If you think that then go long.You trade with micro so what can you lost.Few USD.But it will be good wxpwrience for you no metter what happens.
  • #94,312
  • Oct 28, 2008 7:16am Oct 28, 2008 7:16am
dunno if u can see things in this picture

red = targets

blue retracements/support/resistance
Attached Image (click to enlarge)
Click to Enlarge Name: 2st alert-e.gif Size: 20 KB
When life gives you lemons, make lemonade
  • #94,313
  • Oct 28, 2008 7:16am Oct 28, 2008 7:16am
No point in saying and not doing what you say.

Making others new guys confused.You confused me too.
  • #94,314
  • Oct 28, 2008 7:17am Oct 28, 2008 7:17am
Quoting \"expert\"
If you think that then go long.You trade with micro so what can you lost.Few USD.But it will be good wxpwrience for you no metter what happens.
no way i wouldnt go long against the long term trend in this position
When life gives you lemons, make lemonade
  • #94,315
  • Oct 28, 2008 7:19am Oct 28, 2008 7:19am
Quoting \"expert\"
No point in saying and not doing what you say.
Making others new guys confused.You confused me too.
lol come on, you have to understand what i say
i am just saying where is the support and resistance
i am against going long because the overall trend is down, but looking to the ultimate places to sell which are the targets of this up trend

i didnt say to anybody do this and do that loooooool

the last guy here who blew his account blamed me about my opinion while i never told him to go long, instead i told him to play with money management and with the overall trend, the next day he disappeared until today... lol
When life gives you lemons, make lemonade
  • #94,316
  • Oct 28, 2008 7:21am Oct 28, 2008 7:21am
let me make it clear, for those who are eager and itchy to go long, you can go long from 1.5700 or 1.5668 with targets at 1.5750, 1.5792 and 1.5830 and stop loss 1.5605
this is a low probability trade against the overall trend

When life gives you lemons, make lemonade
  • #94,317
  • Oct 28, 2008 7:24am Oct 28, 2008 7:24am
Well Micho my friend i am short again.Hope to see 5700 break and then that 5670 area of mine befor long again i think for now.If not Sl is at BE+1 so...
  • #94,318
  • Oct 28, 2008 7:25am Oct 28, 2008 7:25am
and for those who are itchy to go short now at this price before waiting for the uptrend to vanish, you can go short with stop loss around 1.5930 with targets 1.5513 1.5274 and 1.4859...
When life gives you lemons, make lemonade
  • #94,319
  • Oct 28, 2008 7:26am Oct 28, 2008 7:26am
well i hope you get some pips out of it

but im playing without stop loss thats why i cant play against the trend from this price
When life gives you lemons, make lemonade
  • #94,320
  • Oct 28, 2008 7:27am Oct 28, 2008 7:27am
5 min gann flips so my short should break.Let see
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