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Cable Update (GBPUSD)

  • #99,201
  • Nov 18, 2008 11:19am Nov 18, 2008 11:19am
Quoting micho
i've done it several times with a mini account and in the same direction

When you trade with an 'ecn broker' , trading the same thing, it doesnt add another trade when you add to your position it just averages it up or down.

Im pretty sure you cant hedge with them either.
  • #99,202
  • Nov 18, 2008 11:20am Nov 18, 2008 11:20am
got 20 back now
When life gives you lemons, make lemonade
  • #99,203
  • Nov 18, 2008 11:20am Nov 18, 2008 11:20am
Quoting micho
why not? any technical reason why not?
No technical reason as to why it wont return to 2.0000 either. But not today, for 1.4658 or 2.0000. imo. But if you do have any technical evidence that it will return to yesterdays low today, then I suggest you put a minimum of 5 lots on it and please share your info with all of us so that we all may prosper.
  • #99,204
  • Nov 18, 2008 11:21am Nov 18, 2008 11:21am
oh man... oh man... this is what im talking about over and over again... and not following... but its okay... down to 56 bitch sooner or later
When life gives you lemons, make lemonade
  • #99,205
  • Nov 18, 2008 11:21am Nov 18, 2008 11:21am
fibonacci is exact to the pip even at the 1 minute chart...
When life gives you lemons, make lemonade
  • #99,206
  • Nov 18, 2008 11:23am Nov 18, 2008 11:23am
Quoting Chris_35
No technical reason as to why it wont return to 2.0000 either. But not today, for 1.4658 or 2.0000. imo. But if you do have any technical evidence that it will return to yesterdays low today, then I suggest you put a minimum of 5 lots on it and please share your info with all of us so that we all may prosper.
well, i mean it could happen but i would bet on it with 5 lots u know... the risk is high because hourly rsi > 50 thats all... by the way this run now should touch 71 before breaking 5060... targets change all the time but retracements are fixed
When life gives you lemons, make lemonade
  • #99,207
  • Nov 18, 2008 11:24am Nov 18, 2008 11:24am
if i had balls, i would have left it to 71 but i dont have balls not on here anyway
When life gives you lemons, make lemonade
  • #99,208
  • Nov 18, 2008 11:25am Nov 18, 2008 11:25am
tp1 4971
tp2 4920

stop 5060

for those who are in trades

i know eohater has a sell somewhere above the stop loss lol so... hahaha wowowo
When life gives you lemons, make lemonade
  • #99,209
  • Nov 18, 2008 11:26am Nov 18, 2008 11:26am
i personally dont think this channel will hold up much longer. looking at the correlation to the usd/yen
  • #99,210
  • Nov 18, 2008 11:26am Nov 18, 2008 11:26am
Quoting micho
lol i'd say fear is my obstacle not greed
i agree same for me too.....
  • #99,211
  • Nov 18, 2008 11:28am Nov 18, 2008 11:28am
Quoting nAVIN2007
i agree same for me too.....
but saying this without greed ud never have got into forex..its the money making potential that gets us involved....after i think fear takes over since most lose b4 they gain
  • #99,212
  • Nov 18, 2008 11:32am Nov 18, 2008 11:32am
eo ur the last man standing lol, ur the man kick their ass
blow that balloon
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When life gives you lemons, make lemonade
  • #99,213
  • Nov 18, 2008 11:34am Nov 18, 2008 11:34am
Quoting nAVIN2007
but saying this without greed ud never have got into forex..its the money making potential that gets us involved....after i think fear takes over since most lose b4 they gain

well, to say the reality... forex is teaching me a lot of stuff... the things i stated in the morning you know...


but for me fear overtakes greed... when you see it run against you very fast and speculations... and and and.. but now i care less about that... i still have alot of things to control such as patience... i always jump out early or sometimes in early
When life gives you lemons, make lemonade
  • #99,214
  • Nov 18, 2008 12:15pm Nov 18, 2008 12:15pm
Quoting micho
eo ur the last man standing lol, ur the man kick their ass
blow that balloon
Just got back from lunch. I see that she broke out of her range finally. Now, let's see how far she can fall with gravity. The 1h 62emaa is going to be a challenge to get through. Down, baby, down!!!!
Just digging in the trenches like everyone else!
  • #99,215
  • Nov 18, 2008 12:21pm Nov 18, 2008 12:21pm
Quoting eohater
Just got back from lunch. I see that she broke out of her range finally. Now, let's see how far she can fall with gravity. The 1h 62emaa is going to be a challenge to get through. Down, baby, down!!!!
yep some perfect range trades there, arrows mark the range trades!

as infin would say, potential "shampoo" on 1hr?? testing support here at 1.4950 area now...
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Trading is 80% Emotional, 20% Technical
  • #99,216
  • Nov 18, 2008 12:21pm Nov 18, 2008 12:21pm
Quoting eohater
Just got back from lunch. I see that she broke out of her range finally. Now, let's see how far she can fall with gravity. The 1h 62emaa is going to be a challenge to get through. Down, baby, down!!!!

still in thre range buddy..be carefull
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  • #99,217
  • Nov 18, 2008 12:21pm Nov 18, 2008 12:21pm
I still believe its seeking out a lower high.
  • #99,218
  • Nov 18, 2008 12:25pm Nov 18, 2008 12:25pm
Seems you Love that 62EMA on 1h.... what's ur point around it, you always see good reaction at it?

Take care!
  • #99,219
  • Nov 18, 2008 12:25pm Nov 18, 2008 12:25pm
Quoting AmeriTrini
I still believe its seeking out a lower high.
sometimes u can be intellectuality right and still lose money, the key is timing, get ur timing right and u can make money either way, long or short especially in a day like this....
Trading is 80% Emotional, 20% Technical
  • #99,220
  • Nov 18, 2008 12:27pm Nov 18, 2008 12:27pm
we got a high wave candle on 15 minute....i think will remail in this range...im looking for breakout of this range and trade which ever direction it goes

lets see what happens
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