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Cable Update (GBPUSD)

  • #99,501
  • Nov 19, 2008 6:19am Nov 19, 2008 6:19am
just forget it, u cant always buy or sell at 38% level and win... most of the times u will lose
u have many other things to consider, u would be crazy to go long from here on cable because your risk is high to hit your stop loss anyway... even if this time worked, we are still under the 4h down trend's 61% and under the daily trend's 50% so go take a guess of what is going to happen now
When life gives you lemons, make lemonade
  • #99,502
  • Nov 19, 2008 6:20am Nov 19, 2008 6:20am
Quoting Vourvoul
I was asking the same question... still trying to find this 38.2% retracement that gave 250 pips...
My bad. It wasn't 10 minutes, it was less than 2 minutes, and it wasn't 250 it was 290. Here is the trade I made:

266343572008.11.19 12:46buy1.00gbpusd1.504900.000000.000002008.11.19 13:041.507800.000.000.00290.0
  • #99,503
  • Nov 19, 2008 6:21am Nov 19, 2008 6:21am
Quoting spintrader
haha, I can't believe we all missed that one- it was sooooo obvious, just look at the charts, there might as well have been a huge arrow pointing down!
When I saw that huge arrow, my broker called me and confirmed that I must short cable with 1:500 leverage.
  • #99,504
  • Nov 19, 2008 6:21am Nov 19, 2008 6:21am
Quoting spintrader
haha, I can't believe we all missed that one- it was sooooo obvious, just look at the charts, there might as well have been a huge arrow pointing down!

lool i like that one, arrow down lol lol
When life gives you lemons, make lemonade
  • #99,505
  • Nov 19, 2008 6:22am Nov 19, 2008 6:22am
Quoting vorschlag
When I saw that huge arrow, my broker called me and confirmed that I must short cable with 1:500 leverage.
talking about brokers...

i just pressed sell at 83.. then ta ta after 30 seconds you really wanna sell at 80? i press yes again... then ta ta after 20 seconds you really wanna sell at 78? lol

no thanks, fuck you
When life gives you lemons, make lemonade
  • #99,506
  • Nov 19, 2008 6:23am Nov 19, 2008 6:23am
Quoting CitiTrade
My bad. It wasn't 10 minutes, it was less than 2 minutes, and it wasn't 250 it was 290. Here is the trade I made:

266343572008.11.19 12:46buy1.00gbpusd1.504900.000000.000002008.11.19 13:041.507800.000.000.00290.0
why dont you show us your account statement then maybe we will believe you are a winning trader
When life gives you lemons, make lemonade
  • #99,507
  • Nov 19, 2008 6:23am Nov 19, 2008 6:23am
Quoting CitiTrade
My bad. It wasn't 10 minutes, it was less than 2 minutes, and it wasn't 250 it was 290. Here is the trade I made:

266343572008.11.19 12:46buy1.00gbpusd1.504900.000000.000002008.11.19 13:041.507800.000.000.00290.0
I'm sorry, but I can make absolutely no sense of that;
here are my trades 17.11.2008.0000.0...1111.88.000.buy1.5040506070.000000........etc
  • #99,508
  • Nov 19, 2008 6:24am Nov 19, 2008 6:24am
Quoting micho
talking about brokers...

i just pressed sell at 83.. then ta ta after 30 seconds you really wanna sell at 80? i press yes again... then ta ta after 20 seconds you really wanna sell at 78? lol

no thanks, fuck you
that might have been luck i think it still going up..4hr is bullish
  • #99,509
  • Nov 19, 2008 6:25am Nov 19, 2008 6:25am
Quoting vorschlag
yep, it was in the narrow range. I dont see on my chart any morning move.
You need to look at the 5M. This morning's low was 1.4933 at 11:05 GMT
The high was 1.5092 at 12:10 GMT. Draw the fibo there, and you'll see what I am talking about.
  • #99,510
  • Nov 19, 2008 6:27am Nov 19, 2008 6:27am
Quoting micho
why dont you show us your account statement then maybe we will believe you are a winning trader
Because I am not really interested in impressing you, of all people One gentleman asked a question, and I answered him. I am not even sure why you jumped in.
  • #99,511
  • Nov 19, 2008 6:27am Nov 19, 2008 6:27am
Quoting CitiTrade
My bad. It wasn't 10 minutes, it was less than 2 minutes, and it wasn't 250 it was 290. Here is the trade I made:

266343572008.11.19 12:46buy1.00gbpusd1.504900.000000.000002008.11.19 13:041.507800.000.000.00290.0
can anybody decode this code..
  • #99,512
  • Nov 19, 2008 6:27am Nov 19, 2008 6:27am
Quoting micho
talking about brokers...

i just pressed sell at 83.. then ta ta after 30 seconds you really wanna sell at 80? i press yes again... then ta ta after 20 seconds you really wanna sell at 78? lol

no thanks, fuck you

You are realy funny!
  • #99,513
  • Nov 19, 2008 6:28am Nov 19, 2008 6:28am
Quoting nAVIN2007
that might have been luck i think it still going up..4hr is bullish
not now a while ago it got +26
When life gives you lemons, make lemonade
  • #99,514
  • Nov 19, 2008 6:28am Nov 19, 2008 6:28am
look show us your trading statement and i will vouch for you
When life gives you lemons, make lemonade
  • #99,515
  • Nov 19, 2008 6:28am Nov 19, 2008 6:28am
Quoting CitiTrade
You need to look at the 5M. This morning's low was 1.4933 at 11:05 GMT
The high was 1.5092 at 12:10 GMT. Draw the fibo there, and you'll see what I am talking about.
It hasn't moved 290 pips in many hours, I'm really quite confused by your statement- If you have in fact done as you say you have, then well done- but anyone who's been trading for a while knows that everyone makes big winning trades once in a while- but to shout about them like they were obvios and everyone else was stupid is just ignorant and foolish-
290 pips in 2 minutes! I don't think I even need to point out how that cannot be true..
  • #99,516
  • Nov 19, 2008 6:29am Nov 19, 2008 6:29am
Quoting CitiTrade
My bad. It wasn't 10 minutes, it was less than 2 minutes, and it wasn't 250 it was 290. Here is the trade I made:

266343572008.11.19 12:46buy1.00gbpusd1.504900.000000.000002008.11.19 13:041.507800.000.000.00290.0

I see there only 29p not 290p!!!!
  • #99,517
  • Nov 19, 2008 6:29am Nov 19, 2008 6:29am
I would love for everyone to post on here every loss and every win.
Oh, and also to call trades before the fact.

I think that would soon clear things up

Trading is so easy in hindsight.
If it's too good to be true, it probably is.
  • #99,518
  • Nov 19, 2008 6:29am Nov 19, 2008 6:29am
Quoting spintrader
It's still up in the air, it could still go either way, bit early to be claiming intellectual victory. However, I do think it's likely it might ascend a bit higher- but there's a good chance it will stop before 5200 if it does- There's clearly a lot of bearish pressure still- hence the relative stale mate for the past 2 days.

p.s. Happy Birthday Alcando!
100% agree

Happy Birthday Alcando! .....hope yur day improves....only the news can take this up.....but when it falls .....oh me...it gonna drop like a rock i think
  • #99,519
  • Nov 19, 2008 6:32am Nov 19, 2008 6:32am
Quoting dzero
I see there only 29p not 290p!!!!
Now that's the typo that is confusing everyone. I meant to type 290 USD not PIPs. Sorry.
  • #99,520
  • Nov 19, 2008 6:32am Nov 19, 2008 6:32am
Quoting dzero
I see there only 29p not 290p!!!!
i think what he mean was 290usd not p..1lot of size..29pips..hahha
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