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Cable Update (GBPUSD)

  • #106,181
  • Dec 11, 2008 1:01pm Dec 11, 2008 1:01pm
Quoting micho
hey man nice to see u around
You too micho! I'm just grabbing some quick pips while it rains outside. It's supposed to start clearing up in about an hour.
Just digging in the trenches like everyone else!
  • #106,182
  • Dec 11, 2008 1:05pm Dec 11, 2008 1:05pm
Quoting Turtle
SWEET..........

Alright people.......I'm out for now, thunder and lighting in the area! Got to unplug the electronics!!!

Will catch ya'll later.

Good luck on those trades!

HOLLA
be safe bro...
Patience + Discipline - Greed = Success
  • #106,183
  • Dec 11, 2008 1:05pm Dec 11, 2008 1:05pm
Quoting eohater
thanks bro...yeah, it's way cool, except I didn't have sun, I had moonlight last night. Outstanding though, absolutely outstanding!!
moonlight and beach is good for family time...
Patience + Discipline - Greed = Success
  • #106,184
  • Dec 11, 2008 1:07pm Dec 11, 2008 1:07pm
Quoting eohater
You too micho! I'm just grabbing some quick pips while it rains outside. It's supposed to start clearing up in about an hour.
+10 +10 +10 -40 oups lol
dont give up ur hard earned pips.. no body out there deserves them
When life gives you lemons, make lemonade
  • #106,185
  • Dec 11, 2008 1:09pm Dec 11, 2008 1:09pm
Quoting eohater
The charts never lie do they bro? I'm not on a beach for good though, just vacation. I'll be back to reality next week damnit. Although, after this week, I think I could make this reality real quick. Close my company down and make a move to a beach for good. Sonds like a good plan to me!!

Take care bro!
Coolness,
Thanks eO...
I hear you... I usually like to do my Trading on 'beach,
in Ocean City, MD,

-Though much better i did hit the Grand Caymen...
but 'didn't do any trading there a yr'1/2 ago.
-(1st Time w/'Wife & daughter to HELL & back)!
'Ritz Carlton there... TOO NICE! !
Check it out On Line! Beautiful!
Thanks Eo... Go get some sand & a "Mai Tai" for us!
Terrapin Pipper,

Jeff !
I will work to Objectively Identify my Edges
  • #106,186
  • Dec 11, 2008 1:12pm Dec 11, 2008 1:12pm
[quote=micho;2412945]
Quoting TerpFan2

hey Jeff!
im still in it waiting for BE or more...
im so tired today, need to sleep... hope it doesnt keep me awake long hahahahahah
WORD, Too MicHO,
I had that game going on too... but i was w/the Charts,
NORTHWORD, on G.U. ,
'Hope and Pray She'll retrace/recover for you bro'...
Have a great one,

Jeff...
I will work to Objectively Identify my Edges
  • #106,187
  • Dec 11, 2008 1:13pm Dec 11, 2008 1:13pm
Quoting Infinity
moonlight and beach is good for family time...
Yes, yes it is in deed!!!!
Just digging in the trenches like everyone else!
  • #106,188
  • Dec 11, 2008 1:19pm Dec 11, 2008 1:19pm
Im short from the top on eu same setup on gu. Up a good amount.
  • #106,189
  • Dec 11, 2008 1:25pm Dec 11, 2008 1:25pm
Quoting steelhead
Im short from the top on eu same setup on gu. Up a good amount.
i was just battling with euro started with small short from 1.3280kept adding until doubling what i had accumulated at 1.34 and bam wam slam just closed it at 1.3330 for nice profit. was abit nerveracking
  • #106,190
  • Dec 11, 2008 1:29pm Dec 11, 2008 1:29pm
I'm outta here everyone. Time to get back to vaca!! I'll be on later tonight possibly, otherwise, everyone trade well and I'll see you all next week.

EO
Just digging in the trenches like everyone else!
  • #106,191
  • Dec 11, 2008 1:35pm Dec 11, 2008 1:35pm
Quoting steelhead
Im short from the top on eu same setup on gu. Up a good amount.
Hope i don't bother u my friend , since i really appreciate ur way of thinking .

I just started trading Cable (one week) and since then i doubled my account .

My question is :

Since u took a short on both e/u and cable...is it based on long time frame ?

What i see is e/u is up trend now without any dowbt...but for cable

Hope u could enlighten me on this short for cable...is it just scalping ?

Thank u very much
  • #106,192
  • Dec 11, 2008 1:50pm Dec 11, 2008 1:50pm
Quoting athahira
Hope i don't bother u my friend , since i really appreciate ur way of thinking .

I just started trading Cable (one week) and since then i doubled my account .

My question is :

Since u took a short on both e/u and cable...is it based on long time frame ?

What i see is e/u is up trend now without any dowbt...but for cable

Hope u could enlighten me on this short for cable...is it just scalping ?

Thank u very much

Its not scalping its longer term trading
  • #106,193
  • Dec 11, 2008 2:02pm Dec 11, 2008 2:02pm
Quoting athahira
Hope i don't bother u my friend , since i really appreciate ur way of thinking .

I just started trading Cable (one week) and since then i doubled my account .

My question is :

Since u took a short on both e/u and cable...is it based on long time frame ?

What i see is e/u is up trend now without any dowbt...but for cable

Hope u could enlighten me on this short for cable...is it just scalping ?

Thank u very much
if u look at the charts on the lrger time frames ...u will see resistance...he sold there...where the sell orders would be placed..small stop loss....and now im sure he is smiling...i just hope the eur falls below my entery...i shorted to damn early..
  • #106,194
  • Dec 11, 2008 2:04pm Dec 11, 2008 2:04pm
Quoting nAVIN2007
if u look at the charts on the lrger time frames ...u will see resistance...he sold there...where the sell orders would be placed..small stop loss....and now im sure he is smiling...i just hope the eur falls below my entery...i shorted to damn early..


Me smiling yes. Watching Darknight the Joker says to smile more.


Great movie
  • #106,195
  • Dec 11, 2008 2:25pm Dec 11, 2008 2:25pm
Quoting athahira
Hope i don't bother u my friend , since i really appreciate ur way of thinking .

I just started trading Cable (one week) and since then i doubled my account .

My question is :

Since u took a short on both e/u and cable...is it based on long time frame ?

What i see is e/u is up trend now without any dowbt...but for cable

Hope u could enlighten me on this short for cable...is it just scalping ?

Thank u very much
  • #106,196
  • Dec 11, 2008 2:27pm Dec 11, 2008 2:27pm
Quoting lexazver
i was just battling with euro started with small short from 1.3280 kept adding until doubling what i had accumulated at 1.34 and bam wam slam just closed it at 1.3330 for nice profit. was abit nerveracking
This is a very dangerous practice... use stop loss......if you are wrong accept it and move on.. you will last longer in this game...

You should never add to your position unless it was in your original plan when you entered the trade.. even so, don't overleverage when doing this..... it is the quickest way to blow your account...
Patience + Discipline - Greed = Success
  • #106,197
  • Dec 11, 2008 2:30pm Dec 11, 2008 2:30pm
Quoting athahira
Hope i don't bother u my friend , since i really appreciate ur way of thinking .

I just started trading Cable (one week) and since then i doubled my account .

My question is :

Since u took a short on both e/u and cable...is it based on long time frame ?

What i see is e/u is up trend now without any dowbt...but for cable

Hope u could enlighten me on this short for cable...is it just scalping ?

Thank u very much
If you don't use proper money mangagement, you will lose all your money twice as fast...

Good job though...
Patience + Discipline - Greed = Success
  • #106,198
  • Dec 11, 2008 2:32pm Dec 11, 2008 2:32pm
if you read my g/u analysis at beggening of week it really wasnt that hard to figure out. Break above the white line short.

Go back to beggening of week.

Most likely will get another shot at it
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  • #106,199
  • Dec 11, 2008 2:33pm Dec 11, 2008 2:33pm
Quoting Vourvoul
As a day trader who look at 5 min TF and place orders from there....yes its uptrend 100% ....

but i do also look at larger TF for reference only .

During my few months in this forex ...such up moves we see lately is telling me they are not false breaking of the down trend (as we saw several times last 2 months) ...

Hope i am all wrong and 1$=1Euro and oil <=25 for a better Humanity .

At the end we are sharing ideas here
  • #106,200
  • Dec 11, 2008 2:35pm Dec 11, 2008 2:35pm
Quoting Infinity
This is a very dangerous practice... use stop loss......if you are wrong accept it and move on.. you will last longer in this game...

You should never add to your position unless it was in your original plan when you entered the trade.. even so, don't overleverage when doing this..... it is the quickest way to blow your account...
it very dangerous to add to a losing position......it means yur willing it to move in the direction u want and not accepting what yur seeing in front of u..however u got out this time, but they likely will come a time where the market will move further and further way from what u think....and boom! ..account blow up!!!!!!

be carefull of this...
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