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Cable Update (GBPUSD)

  • #96,461
  • Nov 7, 2008 1:07pm Nov 7, 2008 1:07pm
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...!!!

Nice one bro!!

Time to
please DON'T copy my trades I am still learning
  • #96,462
  • Nov 7, 2008 1:09pm Nov 7, 2008 1:09pm
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...!!!
Nice bro! I hope you have a great weekend! I don't blame you for closing out. I'm not liking the way the 15m candle is working out.
Just digging in the trenches like everyone else!
  • #96,463
  • Nov 7, 2008 1:14pm Nov 7, 2008 1:14pm
Quoting eohater
Nice bro! I hope you have a great weekend! I don't blame you for closing out. I'm not liking the way the 15m candle is working out.
don't worry Barack will come through!!!!

  • #96,464
  • Nov 7, 2008 1:14pm Nov 7, 2008 1:14pm
Quoting ezmystic
Nice one bro!!

Time to
Quoting eohater
Nice bro! I hope you have a great weekend! I don't blame you for closing out. I'm not liking the way the 15m candle is working out.
Thanks guys.. I hope you guys have a great weekend too!!
Patience + Discipline - Greed = Success
  • #96,465
  • Nov 7, 2008 1:16pm Nov 7, 2008 1:16pm
Quoting AmeriTrini
don't worry Barack will come through!!!!

Are you short bro? If so, what price?
Just digging in the trenches like everyone else!
  • #96,466
  • Nov 7, 2008 1:16pm Nov 7, 2008 1:16pm
Quoting eohater
Are you short bro? If so, what price?
sold at 5684........take profit just above 5500.
  • #96,467
  • Nov 7, 2008 1:18pm Nov 7, 2008 1:18pm
Quoting ezmystic
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
yeah u can do that but that can only ever work on a perfect entry and still it rely on u being like EO in terns of success rate..
how many time do u know someone place SL to break even only to find SL got it... unless u can get near perfect entry i.e of a ema, sma first time back it very hard to achieve...

most do it purely cause they went in to big and emotion to lose is high..it require a lot of skills to use this stradegy (i think)
  • #96,468
  • Nov 7, 2008 1:19pm Nov 7, 2008 1:19pm
Quoting AmeriTrini
sold at 5684........take profit just above 5500.
Damn bro! You've been through a lot with that price!
Just digging in the trenches like everyone else!
  • #96,469
  • Nov 7, 2008 1:21pm Nov 7, 2008 1:21pm
Quoting eohater
Damn bro! You've been through a lot with that price!

I may close earlier, as I dont want to hold over the weekend.
  • #96,470
  • Nov 7, 2008 1:22pm Nov 7, 2008 1:22pm
Quoting nAVIN2007
yeah u can do that but that can only ever work on a perfect entry and still it rely on u being like EO in terns of success trade..
how many time do u know someone place SL to break even only to find SL got it... unless u can get near perfect entry i.e of a ema, sma first time back it very hard to achieve...

most do it purely cause they went in to big and emotion to lose is high..it require a lot of skills to use this stradegy (i think)
Here's a secret! Don't overtrade. I'm averaging 3-4 trades per day and that's it. I take my setups and that's it. Nothing fancy or high skilled. I secure profit and manage the move. Key on securing profit is usually 2-3 candles after entry. I set SL+2 then work it from there.

Update, I've closed out 3 at 5700 and the remaining 3 are set to run.
Just digging in the trenches like everyone else!
  • #96,471
  • Nov 7, 2008 1:23pm Nov 7, 2008 1:23pm
Quoting AmeriTrini
I may close earlier, as I dont want to hold over the weekend.
Don't blame you there! I'll be closed by the end of the day regardless of price.
Just digging in the trenches like everyone else!
  • #96,472
  • Nov 7, 2008 1:24pm Nov 7, 2008 1:24pm
Quoting eohater
Don't blame you there! I'll be closed by the end of the day regardless of price.
When he was elected, the USD gained 200 points, so maybe he will do the same here.....the movement may not be 200 points though........but it will go down.
  • #96,473
  • Nov 7, 2008 1:29pm Nov 7, 2008 1:29pm
Quoting AmeriTrini
When he was elected, the USD gained 200 points, so maybe he will do the same here.....the movement may not be 200 points though........but it will go down.
Hold on to your sets people, make sure your securely fastened with your head secured on the backrest. This could be a fast move. One way or another.
Just digging in the trenches like everyone else!
  • #96,474
  • Nov 7, 2008 1:31pm Nov 7, 2008 1:31pm
Quoting eohater
Here's a secret! Don't overtrade. I'm averaging 3-4 trades per day and that's it. I take my setups and that's it. Nothing fancy or high skilled. I secure profit and manage the move. Key on securing profit is usually 2-3 candles after entry. I set SL+2 then work it from there.

Update, I've closed out 3 at 5700 and the remaining 3 are set to run.
ahh the 3 candle technique
  • #96,475
  • Nov 7, 2008 1:38pm Nov 7, 2008 1:38pm
Quoting micho
eo possible next target 1.5663
hey im back

hope you killed it
When life gives you lemons, make lemonade
  • #96,476
  • Nov 7, 2008 1:40pm Nov 7, 2008 1:40pm
next resistance 5652
When life gives you lemons, make lemonade
  • #96,477
  • Nov 7, 2008 1:42pm Nov 7, 2008 1:42pm
check this out
Attached Image (click to enlarge)
Click to Enlarge Name: 2st alert-e.gif Size: 22 KB
When life gives you lemons, make lemonade
  • #96,478
  • Nov 7, 2008 1:42pm Nov 7, 2008 1:42pm
Quoting micho
next resistance 5652
its funny now im on a micro account i thinking the market is moving slow ass but the good thing is i can fine tune what lot size i need to use depending on the trade sitaution..
  • #96,479
  • Nov 7, 2008 1:42pm Nov 7, 2008 1:42pm
Quoting micho
hey im back

hope you killed it
I've still got 3 open shorts. I'm letting them run to the end of the day. I'd like to see 5500 before close, but I doubt it. The markets are getting anxious because he still hasn't started speaking yet.
Just digging in the trenches like everyone else!
  • #96,480
  • Nov 7, 2008 1:47pm Nov 7, 2008 1:47pm
Quoting eohater
I've still got 3 open shorts. I'm letting them run to the end of the day. I'd like to see 5500 before close, but I doubt it. The markets are getting anxious because he still hasn't started speaking yet.

i closed my position way up on the news... but im satisfied with the results this week... not much but im okay with it...

when u asked about a target, i didnt know which target u wanted... the daily or the hourly or which one so i gave u all the targets
When life gives you lemons, make lemonade
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