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Cable Update (GBPUSD)

  • #101,561
  • Nov 26, 2008 12:37pm Nov 26, 2008 12:37pm
Quoting eohater
I hope the guy did'nt margin call...===
Patience + Discipline - Greed = Success
  • #101,562
  • Nov 26, 2008 12:39pm Nov 26, 2008 12:39pm
Quoting Infinity
I hope the guy did'nt margin call...===
I do too! That would really suck!

I don't understand how people can watch it move a couple hundred pips and then decide it's time to get in. Shit, she's running outta steam and people want their profit after that amount of a move. Just like the short I'm in currently, hell it could close out my long, but I don't care, atleast I'll be the one that eats it and it's covered green anyways.
Just digging in the trenches like everyone else!
  • #101,563
  • Nov 26, 2008 12:40pm Nov 26, 2008 12:40pm
Quoting AmeriTrini
All my trades were closed out, I ended the day positive after all. I live to fight with forex again!!!
Good job!
Just digging in the trenches like everyone else!
  • #101,564
  • Nov 26, 2008 12:41pm Nov 26, 2008 12:41pm
Quoting eohater
I do too! That would really suck!

I don't understand how people can watch it move a couple hundred pips and then decide it's time to get in. Shit, she's running outta steam and people want their profit after that amount of a move. Just like the short I'm in currently, hell it could close out my long, but I don't care, atleast I'll be the one that eats it and it's covered green anyways.
nice...

I couldn't resist that short either.. a quick 30 pips scalp closed at the m15 50 ema..
Patience + Discipline - Greed = Success
  • #101,565
  • Nov 26, 2008 12:41pm Nov 26, 2008 12:41pm
Quoting Infinity
I hope the guy did'nt margin call...===
the day i get a margin call my trading days are over....

god i hope i never see that day....
  • #101,566
  • Nov 26, 2008 12:43pm Nov 26, 2008 12:43pm
Quoting nAVIN2007
the day i get a margin call my trading days are over....

god i hope i never see that day....
I wasn't talking about you Nav...
If you use proper money and risk management, it will be near impossible..
Patience + Discipline - Greed = Success
  • #101,567
  • Nov 26, 2008 12:43pm Nov 26, 2008 12:43pm
Quoting Infinity
nice...

I couldn't resist that short either.. a quick 30 pips scalp closed at the m15 50 ema..
Good job bro! I'm leaving mine along, I'm covered at +2 and see what happens. I've made my quota, plus I think it would be funny shit if I closed out my own long with my own short.
Just digging in the trenches like everyone else!
  • #101,568
  • Nov 26, 2008 12:46pm Nov 26, 2008 12:46pm
Quoting eohater
Good job bro! I'm leaving mine along, I'm covered at +2 and see what happens. I've made my quota, plus I think it would be funny shit if I closed out my own long with my own short.
Patience + Discipline - Greed = Success
  • #101,569
  • Nov 26, 2008 12:50pm Nov 26, 2008 12:50pm
Quoting Infinity
Good to hear bro!
Do you trade with stop loss?
Sometimes I do and sometimes I don't, I must admit.
  • #101,570
  • Nov 26, 2008 12:51pm Nov 26, 2008 12:51pm
Quoting eohater
Good job bro! I'm leaving mine along, I'm covered at +2 and see what happens. I've made my quota, plus I think it would be funny shit if I closed out my own long with my own short.
Alright, fuck it! I'm closing my longs out now. I'll take my own profit and watch my short fall down. Let's see how this plays out.
Just digging in the trenches like everyone else!
  • #101,571
  • Nov 26, 2008 12:52pm Nov 26, 2008 12:52pm
Quoting AmeriTrini
Sometimes I do and sometimes I don't, I must admit.

possibility of this being a bull flag?
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  • #101,572
  • Nov 26, 2008 12:53pm Nov 26, 2008 12:53pm
Quoting Infinity
I wasn't talking about you Nav...
If you use proper money and risk management, it will be near impossible..

i know buddy..man that would be painfull to get..

i think there a possibility we trading in a bull flag
  • #101,573
  • Nov 26, 2008 12:55pm Nov 26, 2008 12:55pm
Quoting nAVIN2007
possibility of this being a bull flag?

I can say with a 90% certainty, that it is.
  • #101,574
  • Nov 26, 2008 12:57pm Nov 26, 2008 12:57pm
Quoting AmeriTrini
I can say with a 90% certainty, that it is.
i think it is as well.....
  • #101,575
  • Nov 26, 2008 1:02pm Nov 26, 2008 1:02pm
The dow is up 227 pts.
  • #101,576
  • Nov 26, 2008 1:04pm Nov 26, 2008 1:04pm
Quoting AmeriTrini
I can say with a 90% certainty, that it is.
90% eh? how did you reach that figure?

It may be, it may not be. But I have to say, in my opinion, flag's are an incredibly overated method of analysis. They happen all the time- but simply becuase there is a 50% chance of them being right- people get the impression that they are an accurate and reliable indicator.
  • #101,577
  • Nov 26, 2008 1:07pm Nov 26, 2008 1:07pm
Quoting spintrader
90% eh? how did you reach that figure?

It may be, it may not be. But I have to say, in my opinion, flag's are an incredibly overated method of analysis. They happen all the time- but simply becuase there is a 50% chance of them being right- people get the impression that they are an accurate and reliable indicator.
I am not depending on the flag by itself, there are other factors as well, like PA.....the STRONGEST leading indicator. The flag just adds to the evidence.
  • #101,578
  • Nov 26, 2008 1:10pm Nov 26, 2008 1:10pm
Quoting gagakrimba
The dow is up 227 pts.
My chart shows 247.14
Just digging in the trenches like everyone else!
  • #101,579
  • Nov 26, 2008 1:10pm Nov 26, 2008 1:10pm
Quoting AmeriTrini
I am not depending on the flag by itself, there are other factors as well, like PA.....the STRONGEST leading indicator. The flag just adds to the evidence.
fair shout- I'm inclined to agree with you- but if it does shoot up again, I don't see her going very far- at least no higher than 5600 area, But on the other hand I see the bearish pressure today as an indication that there is still a lack of confidence.
I don't think risk aversion has had its last say yet
  • #101,580
  • Nov 26, 2008 1:18pm Nov 26, 2008 1:18pm
Quoting eohater
My chart shows 247.14
Yeah 247 now
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