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Cable Update (GBPUSD)

  • #94,501
  • Oct 29, 2008 3:08am Oct 29, 2008 3:08am
Quoting fxpinoy
We are seeing some loving here. Well just show us off your trades and we'll see who's better on the two of you
i am not comparing myself to anybody, but if anybody wants to attack me without a reason i will counter attack and put him in his normal size
When life gives you lemons, make lemonade
  • #94,502
  • Oct 29, 2008 3:19am Oct 29, 2008 3:19am
Quoting \"expert\"
O 1 more thing.Be carefull of guys who just say how much pips made with out saying when will enter and when close.That way you don't know are yhey good trader or just show of.When he makes 6 or 7 minimum godd forecast and just 3 bad then he is good in my opinion.That is how i did learn all things and choose who to follow in my learning.

I did this show of a lot.So be carefull.

Don't write on private can't answer all.I will be on some messenger

See ya
son't worry, I trade what I can see and don't normally listen to posts here. I want to be able to trade myself not just trade other peoples opinions.

thanks
please DON'T copy my trades I am still learning
  • #94,503
  • Oct 29, 2008 3:44am Oct 29, 2008 3:44am
Quoting \"expert\"
O 1 more thing.Be carefull of guys who just say how much pips made with out saying when will enter and when close.That way you don't know are yhey good trader or just show of.When he makes 6 or 7 minimum godd forecast and just 3 bad then he is good in my opinion.That is how i did learn all things and choose who to follow in my learning.

I did this show of a lot.So be carefull.

Don't write on private can't answer all.I will be on some messenger

See ya

hi on skype maybe u cld add me 'albashir7' nt geting tru to u...
  • #94,504
  • Oct 29, 2008 3:45am Oct 29, 2008 3:45am
looking forward to sell again above 1.61
When life gives you lemons, make lemonade
  • #94,505
  • Oct 29, 2008 3:58am Oct 29, 2008 3:58am
Micho,
Novice question.. Why are you focused on the shorts today? The Daily and 4H candle seem to have turned North so I am curious and a bit nervous to read this beast today. What is your motivation to short?
Ride the Bulls bearback!
  • #94,506
  • Oct 29, 2008 4:00am Oct 29, 2008 4:00am
Quoting alcando
Micho,
Novice question.. Why are you focused on the shorts today? The Daily and 4H candle seem to have turned North so I am curious and a bit nervous to read this beast today. What is your motivation to short?
i still prefer shorts because i am scared of the daily chart, but both shorts and longs are hard today
When life gives you lemons, make lemonade
  • #94,507
  • Oct 29, 2008 4:03am Oct 29, 2008 4:03am
its mixed, we can see 1.6375 and also you can see 1.56
When life gives you lemons, make lemonade
  • #94,508
  • Oct 29, 2008 4:04am Oct 29, 2008 4:04am
we may as well pop up to go into the old daily channel that was broken 1 week ago
When life gives you lemons, make lemonade
  • #94,509
  • Oct 29, 2008 4:08am Oct 29, 2008 4:08am
albashir i add you on skype.

Guys i am long again from 600.If 15 m gann flips then going up again.He is at 6090 area now.

See ya later
  • #94,510
  • Oct 29, 2008 4:09am Oct 29, 2008 4:09am
Thanks. I do agree that it is a likely good short as there is a resistance there and a bucket forming.

Next question then... How do you evaluate whether to let the girl run when it does turn during a successful run. I either back off too soon and watch her turn around and run off into the distance with my profits small ... or I get clever and let her dip back with the view to turning again... only to see my SL hit.... I can't seem to get beyond jumping off the horse and then juming back on and off only to erode my profits. Any advice?
Ride the Bulls bearback!
  • #94,511
  • Oct 29, 2008 4:11am Oct 29, 2008 4:11am
Expert, what was your reason for the long? Trying to make sense of why I miss those.
Ride the Bulls bearback!
  • #94,512
  • Oct 29, 2008 4:15am Oct 29, 2008 4:15am
Quoting alcando
Thanks. I do agree that it is a likely good short as there is a resistance there and a bucket forming.

Next question then... How do you evaluate whether to let the girl run when it does turn during a successful run. I either back off too soon and watch her turn around and run off into the distance with my profits small ... or I get clever and let her dip back with the view to turning again... only to see my SL hit.... I can't seem to get beyond jumping off the horse and then juming back on and off only to erode my profits. Any advice?
i didnt mean to go short at 1.61, i meant to go short somewhere above it... not sure where or when now...

once you see +20 or break some good resistance set the SL to BE, that way you can either get the profit or +0
When life gives you lemons, make lemonade
  • #94,513
  • Oct 29, 2008 4:33am Oct 29, 2008 4:33am
Quoting micho
its mixed, we can see 1.6375 and also you can see 1.56
only depends on us stock market.
  • #94,514
  • Oct 29, 2008 6:11am Oct 29, 2008 6:11am
Quoting alcando
Expert, what was your reason for the long? Trying to make sense of why I miss those.
If you asking me for that run to 6215 well gann on 15,30,1 hr,4 hr was below price,Momentum was above o,rsi also above 50,on 15m,on 30 m chart we had reverse bulish divergence and when momentum cross 0 line that was it.Next pivot was 6205 i think and bolinger of 1 hr was in that area.Price went to 6215 i closed because everybody who trade some time with good result would take profit thera because of all this lines in that area, and it iwas ending of Asia so ninjas will take profit too and price will go down then.
On ichimoku indicator we had big cloud of resistance below price tenkan and kijun line was below price too.QQE was crosing on up too.CCi was crosing too.Indicator for volatility was saying that it is ok to trade and that possible big move was ready.ADX was crosing to for up but on ADX we still have small volatility that is why i take only one more sculp since then from 15 gann flips to 30 gann.Because we have small volatility i was thinking it will not break 30 m gann. and it wasnt.We are below 6070 i think.MACD was positive on 15 m too as i remeber.So very complex ha.But all indicators and strategy was pointing for more up.I don't use just emas.But i learning that way too and i think we was above all 50 emas.Just on 4 hr below.And even 1 hr candle was closed above.I use 50 ema as some trend pointing not triger for trade but i think that 4 hr 50 or 62 was arround 6205.It should be.Will check that later and try to put that emas in my startegy as well as conferm signs.

Now it is time to start to learn all this indicators and start to use it.Very usfull when arround 1 hr 50 or 62 ema like today and you wan't to short like always,then check other indi and if not time to go short on lower TF then go for next one.That is how i use it.

Try to go to other topics.You can learn a lot theare.Heare is problem with so low quality of writing.So small number of charts posted heare.Just saying it might go up or maybe down and that kind of writing is bad in my thinking.It is like you say it might raining today or maybe sunshine.Auslonco topic is very good.Many good traders theare writing for GBPJPY but you can then transfer that on cable or any other pair with volatility.And most inportant they trade for real accounts not on demo or micro.Lern all other strategy that you can find on internet and make in the end your own.After that you will make 100-200 pips in 1 session very easy.That was my way.You might need to find yours.Hope i help.Sorry for late answer i was on yahoo with some people talking about US session strategy.

Sorry for late answer but in future if anybody have questions please ask on mesenger.i am not all the time heare because of reasons i said before for this cable topic heare, and then i will answer heare on forum so all can read and maybe learn somethink.Also if you have some coment for some strategy or indicator do it also on messenger.Later we can write heare that too.I am always in learning mode.
Whish you all good pips in US
See ya
  • #94,515
  • Edited 6:27am Oct 29, 2008 6:15am | Edited 6:27am
Strong trend on M5 and M15 is up, but H1 and H4 say down. Don't know next few hours. I still wait for a clue on M1 to make an entry ! The retracement today 50% - 61.8% sofar !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #94,516
  • Oct 29, 2008 6:22am Oct 29, 2008 6:22am
Hey everybody, Was just reading some of the posts and I don't care who started what but it needs to end immediately. Some of us here are professional traders, and as so we act professionally. Which means no name calling, insulting and so fourth. If you disagree with someone or someones call no matter how obscene it may be, then keep it to yourself. If you can't add anything constructive then don't add anything at all.
Now shake hands and make up or else......
Just Trade It
  • #94,517
  • Oct 29, 2008 6:25am Oct 29, 2008 6:25am
Quoting Big Wave Rider
Hey everybody, Was just reading some of the posts and I don't care who started what but it needs to end immediately. Some of us here are professional traders, and as so we act professionally. Which means no name calling, insulting and so fourth. If you disagree with someone or someones call no matter how obscene it may be, then keep it to yourself. If you can't add anything constructive then don't add anything at all.
Now shake hands and make up or else......
I second that!!!!!!

HOLLA
  • #94,518
  • Oct 29, 2008 6:33am Oct 29, 2008 6:33am
Quoting Big Wave Rider
Hey everybody, Was just reading some of the posts and I don't care who started what but it needs to end immediately. Some of us here are professional traders, and as so we act professionally. Which means no name calling, insulting and so fourth. If you disagree with someone or someones call no matter how obscene it may be, then keep it to yourself. If you can't add anything constructive then don't add anything at all.
Now shake hands and make up or else......
When life gives you lemons, make lemonade
  • #94,519
  • Oct 29, 2008 6:54am Oct 29, 2008 6:54am
the way i see it .....regardless of who make calls or not....if all this focus on who can trade, does it matter?....i only care about what happening in my trades

who gives a f*ck!

just my 2 cents ..
  • #94,520
  • Oct 29, 2008 6:57am Oct 29, 2008 6:57am
i need a taser to protect myself in here
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When life gives you lemons, make lemonade
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