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Cable Update (GBPUSD)

  • #104,281
  • Dec 4, 2008 7:30am Dec 4, 2008 7:30am
this trade is taking forever... lol now up again lol target still 1.4495
When life gives you lemons, make lemonade
  • #104,282
  • Dec 4, 2008 7:31am Dec 4, 2008 7:31am
Quoting micho
this trade is taking forever... lol now up again lol target still 1.4495
surely not if it gets past 4679?
  • #104,283
  • Edited 7:35am Dec 4, 2008 7:34am | Edited 7:35am
Quoting PipLand
surely not if it gets past 4679?
stop loss a BE at 76... actually 07 is quite a strong level
When life gives you lemons, make lemonade
  • #104,284
  • Dec 4, 2008 7:35am Dec 4, 2008 7:35am
You are probably better off waiting, we are still in a small up trend so we may still touch the TL on infinity's chart @around 4695.

Quoting Beeps
good score for you today, nice one,

watched it kiss 4675 and turn turtle....but my nerves failed me, coming so soon after the fast ride up...

s'ok, i can wait
Ride the Bulls bearback!
  • #104,285
  • Dec 4, 2008 7:37am Dec 4, 2008 7:37am
i really dont get this last trend... technicals and fundamentals are pointing down... and this mofo still goes up!! i dont believe this
When life gives you lemons, make lemonade
  • #104,286
  • Dec 4, 2008 7:39am Dec 4, 2008 7:39am
Quoting micho
stop loss a BE at 76... actually 07 is quite a strong level
its a real dodgy area here, im gonna flip a coin joke
  • #104,287
  • Dec 4, 2008 7:40am Dec 4, 2008 7:40am
Quoting micho
i really dont get this last trend... technicals and fundamentals are pointing down... and this mofo still goes up!! i dont believe this
Look at the footsie when its finished its H&S "it looks very nice by the way" then you may get what you want
  • #104,288
  • Dec 4, 2008 7:41am Dec 4, 2008 7:41am
Quoting micho
i really dont get this last trend... technicals and fundamentals are pointing down... and this mofo still goes up!! i dont believe this
I reversed at 660
  • #104,289
  • Dec 4, 2008 7:42am Dec 4, 2008 7:42am
Quoting Shilva
sl @ be... hope it is not to soon
closed that trade +21...was looking for 60

perhaps a long if it breaks above 4680
  • #104,290
  • Dec 4, 2008 7:43am Dec 4, 2008 7:43am
Quoting PipLand
Look at the footsie when its finished its H&S "it looks very nice by the way" then you may get what you want
Might as well short that too while im at it
  • #104,291
  • Dec 4, 2008 7:43am Dec 4, 2008 7:43am
Quoting PipLand
its a real dodgy area here, im gonna flip a coin joke
it closed me twice already!! from +80 to 0
fucking unbelievable and this is the third time!!
When life gives you lemons, make lemonade
  • #104,292
  • Dec 4, 2008 7:44am Dec 4, 2008 7:44am
Quoting micho
it closed me twice already!! from +80 to 0
fucking unbelievable and this is the third time!!
Take partial profits after 50 pips.
Patience + Discipline - Greed = Success
  • #104,293
  • Dec 4, 2008 7:45am Dec 4, 2008 7:45am
Quoting micho
it closed me twice already!! from +80 to 0
fucking unbelievable and this is the third time!!
dont worry im sitting on it now it will come down
  • #104,294
  • Dec 4, 2008 7:46am Dec 4, 2008 7:46am
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  • #104,295
  • Dec 4, 2008 7:47am Dec 4, 2008 7:47am
Quoting Infinity
Take partial profits after 50 pips.
the stop loss is at 07 around 50 pips away i cant take profit for +50 i need at least 100!! who said it will go up on me like it did twice and now third time about to!!! its just unbelievable ridiculous frustrating and unexplainable fuck banks
When life gives you lemons, make lemonade
  • #104,296
  • Dec 4, 2008 7:49am Dec 4, 2008 7:49am
Quoting micho
the stop loss is at 07 around 50 pips away i cant take profit for +50 i need at least 100!! who said it will go up on me like it did twice and now third time about to!!! its just unbelievable ridiculous frustrating and unexplainable fuck banks

Greedy Eh
  • #104,297
  • Dec 4, 2008 7:49am Dec 4, 2008 7:49am
Quoting nAVIN2007
oh crap looks like i placed 2 trades to many about to lose my profit again..whats a week...
alright nav, I think you need only do 1-3 trades a day, or even non if there is no setup. I missed this mornings downmove as I was travelling to work and then only just did 1 trade, sell at 1 oclock on the 15min for 40ish pips and am now sitting waiting. I didn't take any longs after the big downmove as I was busy when any confirmation came up on the 15m. I think that you might be overtrading and trying to be in a trade all the time. This was where I fell apart, but now I am waiting for a near perfect setup before entering and even though I am missing other good setups I have been bitten too many times to worry about them, when I get more experience I will look at taking them. Right now if I have 1 trade in a day thatwas near perfect setup and entry I am happy, I'm not experienced enough to be taking risk of getting in when I think it is ok unless i know it is pretty much ok.

Good luck bro
please DON'T copy my trades I am still learning
  • #104,298
  • Dec 4, 2008 7:51am Dec 4, 2008 7:51am
im not fooling for that little outburst from cable just yet
  • #104,299
  • Dec 4, 2008 7:51am Dec 4, 2008 7:51am
there it goes
again 3 times
what a fucking day

When life gives you lemons, make lemonade
  • #104,300
  • Dec 4, 2008 7:52am Dec 4, 2008 7:52am
Quoting Shilva
closed that trade +21...was looking for 60

perhaps a long if it breaks above 4680


Dont go long here. Dont do it.
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