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Cable Update (GBPUSD)

  • #97,741
  • Nov 12, 2008 3:42pm Nov 12, 2008 3:42pm
Quoting eohater
I enjoy trading just for the fun of it too. But I do take is seriously and I expect high results out of myself. That's the thing about trading, there is noone but yourself to push, no phone calls, no faxes, no consumer. Just you, your computer and solitude.

I like Star Wars! I think Lucas made some great movies. I wasn't geeked about his rerelease of the original Star Wars with all the cgi shit they added. But it's all good! I need many more years training with yoda before I could ever qualify!
thats what makes it the best job in the world.
Trading is 80% Emotional, 20% Technical
  • #97,742
  • Nov 12, 2008 3:42pm Nov 12, 2008 3:42pm
Quoting jckm
4Hour chart - usd/cad - technical target 1,1760 (MAE200)


Yeah stop posting that trash lol. Really nice four hour close into a nice s/r level i sold us/cad 1.2370. No wick no tail just what I like.

It also closed on a nice wick on previous candle yummy.

But yes stop posting your us/cad stuff lol
  • #97,743
  • Nov 12, 2008 3:43pm Nov 12, 2008 3:43pm
Quoting fx local
thats what makes it the best job in the world.
Amen to that! That is the best part in my opinion!
Just digging in the trenches like everyone else!
  • #97,744
  • Nov 12, 2008 3:45pm Nov 12, 2008 3:45pm
Quoting eohater
Bro, here's the hardest thing you need to get over. When you see price charging in one direction, you need to be willing to go the opposite direction. She's usually just building value. For example, if price is charging the 1h 62ema, I don't even think twice about it. I'm setting pending orders within 10pips of the price of the 62ema to send her ass back down to where she came. Sometimes she'll overshoot by 50 pips, I'll just add to her there and chase back to my original price.
yes i am improving in that sense maybe im expecting a lot started live in april wanted to be great by january....still time thou
  • #97,745
  • Nov 12, 2008 3:47pm Nov 12, 2008 3:47pm
Quoting steelhead
Yeah stop posting that trash lol. Really nice four hour close into a nice s/r level i sold us/cad 1.2370. No wick no tail just what I like.

It also closed on a nice wick on previous candle yummy.

But yes stop posting your us/cad stuff lol
i think you will add to your loss
stay with the trend dude
When life gives you lemons, make lemonade
  • #97,746
  • Nov 12, 2008 3:49pm Nov 12, 2008 3:49pm
Quoting micho
i think you will add to your loss
stay with the trend dude


We shall see. Not a big position anyway, but im glad you think i'll lose lol.

Im sure you will be monitoring closely on that one.
  • #97,747
  • Nov 12, 2008 3:53pm Nov 12, 2008 3:53pm
Quoting steelhead
We shall see. Not a big position anyway, but im glad you think i'll lose lol.

Im sure you will be monitoring closely on that one.
no i will sleep after a while but that guy was shouting short since 1.22 so good luck
When life gives you lemons, make lemonade
  • #97,748
  • Nov 12, 2008 3:55pm Nov 12, 2008 3:55pm
Quoting micho
no i will sleep after a while but that guy was shouting short since 1.22 so good luck
He also said we would see 1.66 on cable in December and what happend? She fell over 400 pips.
Just digging in the trenches like everyone else!
  • #97,749
  • Nov 12, 2008 4:00pm Nov 12, 2008 4:00pm
Quoting eohater
He also said we would see 1.66 on cable in December and what happend? She fell over 400 pips.
i dunno why do they do that
are there really some brokers in forums trying to mislead people or just people making wrong calls?
When life gives you lemons, make lemonade
  • #97,750
  • Nov 12, 2008 4:03pm Nov 12, 2008 4:03pm
Quoting micho
i dunno why do they do that
are there really some brokers in forums trying to mislead people or just people making wrong calls?
I don't know. That's why I trade what I see, not others. I want to only be pissed at myself for a bad trade. I've said it before, 9 outta 10 times, I'll enter a trade and not even look at the thread. I don't want to be swayed from what my eyes see. We all trade on different time frames. For example, I was long a little while back and Infinity was short, we both closed and we both made money.
Just digging in the trenches like everyone else!
  • #97,751
  • Nov 12, 2008 4:04pm Nov 12, 2008 4:04pm
eohater, or infinity

Guys, where do you expect to reenter short? at some spike to 1h 62 ema? or 15m 62 ema?
  • #97,752
  • Nov 12, 2008 4:04pm Nov 12, 2008 4:04pm
Quoting eohater
He also said we would see 1.66 on cable in December and what happend? She fell over 400 pips.
I may be kicking myself for this later, but I went in long @ 2395 -stop @ 65.
  • #97,753
  • Nov 12, 2008 4:05pm Nov 12, 2008 4:05pm
Quoting cesarg
eohater, or infinity

Guys, where do you expect to reenter short? at some spike to 1h 62 ema? or 15m 62 ema?
I'm already short with tight SL, got in at 4963.
Just digging in the trenches like everyone else!
  • #97,754
  • Nov 12, 2008 4:07pm Nov 12, 2008 4:07pm
Quoting Kyen
I may be kicking myself for this later, but I went in long @ 2395 -stop @ 65.
for the long term i dont think so but not the right place to long with 65 as sl only
ideal place to long was at 1.2294 with slop loss around 200 pips (sorry again for talking other pairs)
When life gives you lemons, make lemonade
  • #97,755
  • Nov 12, 2008 4:09pm Nov 12, 2008 4:09pm
Quoting micho
for the long term i dont think so but not the right place to long with 65 as sl only
ideal place to long was at 1.2294 with slop loss around 200 pips (sorry again for talking other pairs)
Just looking for a little hit and run, probably just a false break on 30m. OK no more discussions about other pairs, lets gets back on pace with cable haha.
  • #97,756
  • Nov 12, 2008 4:10pm Nov 12, 2008 4:10pm
What an interesting forum Some really interesting analysis done on this thread. Nice to know there is still a good place on the net to discuss Fx after the old days in Moneytec (anyone remember bunnygirl, soultrader? etc) I feel old lol.

Here is my thinking on cable:

http://myweb.tiscali.co.uk/ilia2u/CableAna.jpg

I'm really adamant on trading with the trend and will only consider longs if it moves up by atleast 1000 points or so. So I've just been waiting for chart patterns to emerge to pick good points to short. I think if we break the new low we will see 1.44 at least.

Entry orders placed

Edit: looks like my short has triggered
  • #97,757
  • Nov 12, 2008 4:11pm Nov 12, 2008 4:11pm
this time we might be going deep
When life gives you lemons, make lemonade
  • #97,758
  • Nov 12, 2008 4:12pm Nov 12, 2008 4:12pm
This is too freaking wierd! I wish I knew how to take screen prints with my new laptop (I just haven't taken the time to learn yet). But check this out. My bid price was just 1.4750 and ask was 1.4980. Holy Shit!
Just digging in the trenches like everyone else!
  • #97,759
  • Nov 12, 2008 4:17pm Nov 12, 2008 4:17pm
Quoting eohater
This is too freaking wierd! I wish I knew how to take screen prints with my new laptop (I just haven't taken the time to learn yet). But check this out. My bid price was just 1.4750 and ask was 1.4980. Holy Shit!
grrr be careful man!!!

i want to go sleep, im really upset with crown forex lately, really upset!!! their execution is so bad!!

we got our shares during the day, you kick her ass during the night
good luck
When life gives you lemons, make lemonade
  • #97,760
  • Nov 12, 2008 4:18pm Nov 12, 2008 4:18pm
aside F12 you got PrtSc... then you can go over paint program.

MBt? 1.47xx ??????
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