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Cable Update (GBPUSD)

  • #97,701
  • Nov 12, 2008 2:45pm Nov 12, 2008 2:45pm
Quoting eohater
I agree bro!
EO i take it yur used the 6 lots ......thats awesome brother!..
  • #97,702
  • Nov 12, 2008 2:48pm Nov 12, 2008 2:48pm
Quoting nAVIN2007
EO i take it yur used the 6 lots ......thats awesome brother!..
I am on a standard 6 lots right now. I'm looking to move to 7 next week if this week finishes good. We'll see. The move to 6 was challenging at first, but now I'm not phased by it. I was at first closing good trades out too early, but now I have a grip on the emotional side of it. I'm hoping the move to 7 will be smooth as well!
Just digging in the trenches like everyone else!
  • #97,703
  • Nov 12, 2008 2:50pm Nov 12, 2008 2:50pm
If we don't break upside of here in the next 10 minutes... I think it will go down before too long....
Attached Image (click to enlarge)
Click to Enlarge Name: m15.gif Size: 21 KB
Patience + Discipline - Greed = Success
  • #97,704
  • Nov 12, 2008 2:50pm Nov 12, 2008 2:50pm
Quoting bkg102665
Trying to trade by your rules and stick to it, thanks!!
The nice thing about it, you don't have to trade everyday. Take the setups and if it's not there, walk away. Keep up the hard work!
Just digging in the trenches like everyone else!
  • #97,705
  • Nov 12, 2008 2:51pm Nov 12, 2008 2:51pm
Quoting eohater
I am on a standard 6 lots right now. I'm looking to move to 7 next week if this week finishes good. We'll see. The move to 6 was challenging at first, but now I'm not phased by it. I was at first closing good trades out too early, but now I have a grip on the emotional side of it. I'm hoping the move to 7 will be smooth as well!
i finding with myself even 10p a pip im doing the same thing as b4 (pissed) i think its because i focus on the pips and that doesnt change regardless of the size u trade...i need to find a solution to this
  • #97,706
  • Nov 12, 2008 2:52pm Nov 12, 2008 2:52pm
Quoting nAVIN2007
i finding with myself even 10p a pip im doing the same thing as b4 (pissed) i think its because i focus on the pips and that doesnt change regardless of the size u trade...i need to find a solution to this
Good entries and patience! It'll come bro!
Just digging in the trenches like everyone else!
  • #97,707
  • Nov 12, 2008 2:56pm Nov 12, 2008 2:56pm
Quoting eohater
This is why I haven't posted since I came on this afternoon. Like I said yesterday. If I want to hear people bitch, I'll call my exwife.
I agree. Show some class folks.
  • #97,708
  • Nov 12, 2008 2:59pm Nov 12, 2008 2:59pm
I do not recommend anyone follow me, but I'm long at 4935. SL is just below 4900
Just digging in the trenches like everyone else!
  • #97,709
  • Nov 12, 2008 3:00pm Nov 12, 2008 3:00pm
Quoting eohater
I am on a standard 6 lots right now. I'm looking to move to 7 next week if this week finishes good. We'll see. The move to 6 was challenging at first, but now I'm not phased by it. I was at first closing good trades out too early, but now I have a grip on the emotional side of it. I'm hoping the move to 7 will be smooth as well!
from 6th gear to 7th gear top speed

good luck
When life gives you lemons, make lemonade
  • #97,710
  • Nov 12, 2008 3:01pm Nov 12, 2008 3:01pm
Quoting micho
from 6th gear to 7th gear top speed

good luck
Thanks bro! I'd like to see 10 before the end of the year, but that my be a little over expecting!
Just digging in the trenches like everyone else!
  • #97,711
  • Nov 12, 2008 3:05pm Nov 12, 2008 3:05pm
Quoting eohater
Thanks bro! I'd like to see 10 before the end of the year, but that my be a little over expecting!
EO, I know how hard the emotional aspect is - believe me I do, but just trust and believe in your progress and all the pieces will fall in place. In my situation, I went from trading 5 mini's to over 15 standard in under 2 months - was a bit too insane and I had to learn the hard way that rushing it wont work out. As for a return reminder, be patient,persistent, and you'll be fine
  • #97,712
  • Nov 12, 2008 3:06pm Nov 12, 2008 3:06pm
Quoting eohater
I do not recommend anyone follow me, but I'm long at 4935. SL is just below 4900
This is going to bite me in the ass!
Just digging in the trenches like everyone else!
  • #97,713
  • Nov 12, 2008 3:06pm Nov 12, 2008 3:06pm
Quoting eohater
I am on a standard 6 lots right now. I'm looking to move to 7 next week if this week finishes good. We'll see. The move to 6 was challenging at first, but now I'm not phased by it. I was at first closing good trades out too early, but now I have a grip on the emotional side of it. I'm hoping the move to 7 will be smooth as well!


yo man im all for peace i need to do a better job not getting sucked in. I will do better cause I respect you.


I did do a review of my g/u trades since 9/25. I cant go further in the history.

19 times I have traded the G/U since that date.

6 short entries from 1.8400 area shorts at 1.7450 area and then from 1.5450 area.


I for sure have taken more longs.

13 to be exact.

9/25 long 1.8400
10/1 long 1.7677
10/8 long 1.7303
10/8 long 1.7190
10/9 long 1.7082
10/9 long 1.7009
10/23 long 1.6078
10/24 long 1.6043
11/03 long 1.5860
11/6 long 1.5660
11/11 long twice at 1.5400

So I had both sides covered. Would take alot longer to see what exactly every one of them did but I wont post it here. To long and boring.

I want to see the lows of the four hour tested. Either by a one hour close in that area or a four hour. I will try and post a chart my comp is really bad today.

My comp is just freazin up on me really bad
  • #97,714
  • Nov 12, 2008 3:08pm Nov 12, 2008 3:08pm
Quoting steelhead
yo man im all for peace i need to do a better job not getting sucked in. I will do better cause I respect you.


I did do a review of my g/u trades since 9/25....
out of 100 trades i took 90 shorts
When life gives you lemons, make lemonade
  • #97,715
  • Nov 12, 2008 3:08pm Nov 12, 2008 3:08pm
Quoting Kyen
EO, I know how hard the emotional aspect is - believe me I do, but just trust and believe in your progress and all the pieces will fall in place. In my situation, I went from trading 5 mini's to over 15 standard in under 2 months - was a bit too insane and I had to learn the hard way that rushing it wont work out. As for a return reminder, be patient,persistent, and you'll be fine
Thanks bro! You've mentioned the two P's. Patience and Persistent! This is so true!

I try and only take my setups, but in the case of the last entry, I'm taking if from saying the bottom for now is 4900. Not one of my typical setups. I'm just looking for some value building on the currency before she falls again.
Just digging in the trenches like everyone else!
  • #97,716
  • Nov 12, 2008 3:12pm Nov 12, 2008 3:12pm
Quoting Kyen
EO, I know how hard the emotional aspect is - believe me I do, but just trust and believe in your progress and all the pieces will fall in place. In my situation, I went from trading 5 mini's to over 15 standard in under 2 months - was a bit too insane and I had to learn the hard way that rushing it wont work out. As for a return reminder, be patient,persistent, and you'll be fine
15 lots...wow if i ever get to that stage i shall consider myself successfull..
  • #97,717
  • Nov 12, 2008 3:18pm Nov 12, 2008 3:18pm
Quoting eohater
This is going to bite me in the ass!
3 pips - lucky ya!
  • #97,718
  • Nov 12, 2008 3:19pm Nov 12, 2008 3:19pm
Quoting nAVIN2007
15 lots...wow if i ever get to that stage i shall consider myself successfull..
i dont want to repeat what happened with me....

had a system that literally creates money while i sleep... but god decided to take it away
When life gives you lemons, make lemonade
  • #97,719
  • Nov 12, 2008 3:19pm Nov 12, 2008 3:19pm
Quoting nAVIN2007
15 lots...wow if i ever get to that stage i shall consider myself successfull..
I'll consider myself successful when I don't need to trade ever again and I have more than enough money for my life and my kids life time. That's my definition of success in this crazy industry.
Just digging in the trenches like everyone else!
  • #97,720
  • Nov 12, 2008 3:21pm Nov 12, 2008 3:21pm
Quoting nAVIN2007
15 lots...wow if i ever get to that stage i shall consider myself successfull..
Navin.... I wouldn't suggest it untill you can really bang out some long term results. Believe me, every trade that goes wrong , you grow a strand of white hair... having said that, I think I'm one of the reasons why Rogaine is in business.
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