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Cable Update (GBPUSD)

  • #96,441
  • Nov 7, 2008 12:44pm Nov 7, 2008 12:44pm
Quoting Infinity
....
Sweet bro! You broke out the hammer again. He just needed some lunch to recharge his energy! Let's knock her to the bottom. I like 5550. I wouldn't be upset if we see that price today before the close. Regardless of what happens, my positions will be closed be the end of trade today to begin a new battle next week.

Hope you had a good lunch! I'm stuffed and ready to fill my pockets with more money.
Just digging in the trenches like everyone else!
  • #96,442
  • Nov 7, 2008 12:45pm Nov 7, 2008 12:45pm
Quoting nAVIN2007
i just funded my account back to 3k i hope i have learnt even to make money.

EO and a very few are the only people i know generally that dont have to worry so much about risk reward since he practically get it right on entry 95% of the time.

5 year of experience cant be bought overnight hey buddy...
Glad to see your funded! Now it's time to fill your pockets of green!

Good entries are key and I work on it daily. I trust my setups and know when to cut my loss and accept that I made a bad decision.
Just digging in the trenches like everyone else!
  • #96,443
  • Nov 7, 2008 12:47pm Nov 7, 2008 12:47pm
Quoting eohater
Sweet bro! You broke out the hammer again. He just needed some lunch to recharge his energy! Let's knock her to the bottom. I like 5550. I wouldn't be upset if we see that price today before the close. Regardless of what happens, my positions will be closed be the end of trade today to begin a new battle next week.

Hope you had a good lunch! I'm stuffed and ready to fill my pockets with more money.
I like Mike's target of 5200 area but I'm not holding over the weekend.
Patience + Discipline - Greed = Success
  • #96,444
  • Nov 7, 2008 12:48pm Nov 7, 2008 12:48pm
Quoting eohater
Glad to see your funded! Now it's time to fill your pockets of green!

Good entries are key and I work on it daily. I trust my setups and know when to cut my loss and accept that I made a bad decision.
funds should be there by monday, fresh start...
  • #96,445
  • Nov 7, 2008 12:48pm Nov 7, 2008 12:48pm
Ok! Who The F*ck Is Buying At This Price And Time Of Day? Quit Pushing It Up, She Doesn't Want To Go There. She's Broken The 15m Range And Tested Support To Become Resistance.
Just digging in the trenches like everyone else!
  • #96,446
  • Nov 7, 2008 12:49pm Nov 7, 2008 12:49pm
Quoting Infinity
I like Mike's target of 5200 area but I'm not holding over the weekend.
I agree with that (not holding over the weekend). Mike does have a good target, but there will be new entries to get there next week.
Just digging in the trenches like everyone else!
  • #96,447
  • Nov 7, 2008 12:49pm Nov 7, 2008 12:49pm
infinity u bringing the hammer out got cable scared i might have to the same on monday...
  • #96,448
  • Nov 7, 2008 12:50pm Nov 7, 2008 12:50pm
Quoting eohater
I agree with that (not holding over the weekend). Mike does have a good target, but there will be new entries to get there next week.
That's my philosophy too...
Patience + Discipline - Greed = Success
  • #96,449
  • Nov 7, 2008 12:51pm Nov 7, 2008 12:51pm
Quoting nAVIN2007
infinity u bringing the hammer out got cable scared i might have to the same on monday...
Patience + Discipline - Greed = Success
  • #96,450
  • Nov 7, 2008 12:55pm Nov 7, 2008 12:55pm
a little mini battle going on.....
http://images.google.com/url?q=http:...q3yPJqC5uGCisQ

Knock the sucker out already!!!
Patience + Discipline - Greed = Success
  • #96,451
  • Nov 7, 2008 12:57pm Nov 7, 2008 12:57pm
Quoting nAVIN2007
i just funded my account back to 3k i hope i have learnt even to make money.

EO and a very few are the only people i know generally that dont have to worry so much about risk reward since he practically get it right on entry 95% of the time.
I find my biggest issue is when i get a profitable position i never hold the position to the point where it was = to the risk....then i get a loss and it wipes me out.......its such a emotion issue.....but now i realise and am going in on a game plan...if i can get over this ....then i should make corn


5 year of experience cant be bought overnight hey buddy...
hey bro, just get in a good entry and lock in profits, that way even if it bites you in the arse you will be coming out up amd then look at the candles to get your exit (although I am bad at this and will listen to my own words too!)

glad to hear your back online on Monday
please DON'T copy my trades I am still learning
  • #96,452
  • Nov 7, 2008 12:58pm Nov 7, 2008 12:58pm
Quoting Infinity
a little mini battle going on.....
http://images.google.com/url?q=http:...q3yPJqC5uGCisQ

Knock the sucker out already!!!
I agree to that! I'm taking 3 off at 5650 and letting the rest run to the end of the day! I might be making a bad choice by not closing them all out, but we'll see. Usually when she breaks the range like she has and test support/resistance she runs around 100 -150 pips. Being Friday and all, we might not see that kind of action. Hell, she could still shoot up and close me out and I'll be kicking myself in the ass for not taking profit now. Oh well, it's trading and we cannot predict the future.
Just digging in the trenches like everyone else!
  • #96,453
  • Nov 7, 2008 12:58pm Nov 7, 2008 12:58pm
Quoting eohater
I agree with that (not holding over the weekend). Mike does have a good target, but there will be new entries to get there next week.
i dunno if u guys know this.....holding in the weekend is like the most dangerous thing u can actually do.....if the market gaps over yur stop loss u can actaully owe yur broker money as the stop wont get triggered

real madness
  • #96,454
  • Nov 7, 2008 12:59pm Nov 7, 2008 12:59pm
Quoting nAVIN2007
i dunno if u guys know this.....holding in the weekend is like the most dangerous thing u can actually do.....if the market gaps over yur stop loss u can actaully owe yur broker money as the stop wont get triggered

real madness
I agree that holding over the weekend is madness. Every broker is different though. Some brokers honor your SL in place. Check with your respective broker. Regardless. I don't recommend holding over the weekend myself!
Just digging in the trenches like everyone else!
  • #96,455
  • Nov 7, 2008 1:00pm Nov 7, 2008 1:00pm
Quoting Infinity
a little mini battle going on.....
http://images.google.com/url?q=http:...q3yPJqC5uGCisQ

Knock the sucker out already!!!
please DON'T copy my trades I am still learning
  • #96,456
  • Nov 7, 2008 1:01pm Nov 7, 2008 1:01pm
Don't f@ck with the hammer!!!!!
Patience + Discipline - Greed = Success
  • #96,457
  • Nov 7, 2008 1:02pm Nov 7, 2008 1:02pm
first trade of the week .....

£2 on the micro account ..this is some good shit!
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  • #96,458
  • Nov 7, 2008 1:03pm Nov 7, 2008 1:03pm
Ok... That's it for me... I just closed out fully at 65... It may go lower but I'm satified with what I got....

Congrats to all the shorties...!!!
Patience + Discipline - Greed = Success
  • #96,459
  • Nov 7, 2008 1:05pm Nov 7, 2008 1:05pm
Quoting eohater
I agree that holding over the weekend is madness. Every broker is different though. Some brokers honor your SL in place. Check with your respective broker. Regardless. I don't recommend holding over the weekend myself!
thats the problem if the market gap over yur stop it cant get trigered this is the flaw in the weekend all broker i think have this in there clause
  • #96,460
  • Nov 7, 2008 1:06pm Nov 7, 2008 1:06pm
Quoting Infinity
Ok... That's it for me... I just closed out fully at 65... It may go lower but I'm satified with what I got....

Congrats to all the shorties...!!!
Here's why I closed....
Attached Image (click to enlarge)
Click to Enlarge Name: m15.gif Size: 23 KB
Patience + Discipline - Greed = Success
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