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Cable Update (GBPUSD)

  • #114,641
  • Jan 23, 2009 1:48pm Jan 23, 2009 1:48pm
Quoting Inzider
U make a nice major! i'm happy for your soldier. Hehe!
It's truely battle bro! Protect your soldiers, TP and leave soldiers to run on but never let them bleed red if they've seen the green side.
Just digging in the trenches like everyone else!
  • #114,642
  • Jan 23, 2009 1:52pm Jan 23, 2009 1:52pm
Quoting eohater
It's truely battle bro! Protect your soldiers, TP and leave soldiers to run on but never let them bleed red if they've seen the green side.
Yeah no doubt! On my side its the SL thing that hurt me, 8/10 entry are good but when i take a price shock.... they bleed hard time... i need to learn to protect them better... its just hard to make balance between move that come back and those that dosen't...

any idea?
--------------------------

Have you ever read the "the art of war" by Sun Tsu, sounds like it suit your attitude.

----------------

ill go short at 48 if ...
  • #114,643
  • Jan 23, 2009 2:03pm Jan 23, 2009 2:03pm
No entry for me. Considering it's Friday, 3:00, PA is not the best on the 15m. the end of day dow rally could send her up. I'll watch for a better entry. If I did go short, my SL would be on the other side of the wick of the last 1h candle.
Just digging in the trenches like everyone else!
  • #114,644
  • Jan 23, 2009 2:09pm Jan 23, 2009 2:09pm
Quoting Inzider
Yeah no doubt! On my side its the SL thing that hurt me, 8/10 entry are good but when i take a price shock.... they bleed hard time... i need to learn to protect them better... its just hard to make balance between move that come back and those that dosen't...

any idea?
--------------------------

Have you ever read the "the art of war" by Sun Tsu, sounds like it suit your attitude.

----------------

ill go short at 48 if ...
I've never read the book, heard about it though.

As to your entries and your SL getting taken out, that's a balancing trick for sure. Don't be afraid to TP on your position and secure the rest at +2. +20 is better than -20 or more. Best key for entries without a doubt is PA. PA will always lead the way. The last 15m candle closed was indecisive. She closed above the 15m 5. The 1h didn't close they way I wanted either. I'll consider a short once we the dow closes, but again, it's end of the day and I DO NOT LIKE TO HOLD POSITIONS OVER THE WEEKEND.
Just digging in the trenches like everyone else!
  • #114,645
  • Jan 23, 2009 2:10pm Jan 23, 2009 2:10pm
Quoting dakrusha
ok just can't keep my fingers out the cookie jar here.
shorting...1.3752 to 1.3715..should be easy i think
Brother, I hope you've got this one covered. She's not coming down just yet.
Just digging in the trenches like everyone else!
  • #114,646
  • Jan 23, 2009 2:18pm Jan 23, 2009 2:18pm
so we leave open positions both euro and pound for weekend and after holidays we should get rich, right?
ROBOT FOREX
  • #114,647
  • Jan 23, 2009 2:21pm Jan 23, 2009 2:21pm
Quoting eohater
No entry for me. Considering it's Friday, 3:00, PA is not the best on the 15m. the end of day dow rally could send her up. I'll watch for a better entry. If I did go short, my SL would be on the other side of the wick of the last 1h candle.
Hello there eo at the moment we are about 50 pips away from the H1 62ema .Do you think we will break out of the channel we are in at the moment and bounce of the 62 or do you consider we may be in for a slow haul north. Its just that I went long at 1.3570 and Im not sure if I should leave it to run or take a short at the 62.
  • #114,648
  • Jan 23, 2009 2:31pm Jan 23, 2009 2:31pm
Quoting Chris_35
Hello there eo at the moment we are about 50 pips away from the H1 62ema .Do you think we will break out of the channel we are in at the moment and bounce of the 62 or do you consider we may be in for a slow haul north. Its just that I went long at 1.3570 and Im not sure if I should leave it to run or take a short at the 62.
It's the end of the day on Friday. I don't know how many positions you have at 3570, but don't be afraid to TP on some and secure the rese. As to the 1h 62 causing a bounce, I don't know. It's Friday and positions are being squared. We could be on a slow haul north, but I'd be surprised if we're done with the southbound train. Watch the PA, she'll tell you. Don't just assume there will be a bounce.
Just digging in the trenches like everyone else!
  • #114,649
  • Jan 23, 2009 2:35pm Jan 23, 2009 2:35pm
Quoting eohater
It's the end of the day on Friday. I don't know how many positions you have at 3570, but don't be afraid to TP on some and secure the rese. As to the 1h 62 causing a bounce, I don't know. It's Friday and positions are being squared. We could be on a slow haul north, but I'd be surprised if we're done with the southbound train. Watch the PA, she'll tell you. Don't just assume there will be a bounce.
What is PA bro ?
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #114,650
  • Jan 23, 2009 2:37pm Jan 23, 2009 2:37pm
Quoting manize
What is PA bro ?
Price action. Invaluable!!
Just digging in the trenches like everyone else!
  • #114,651
  • Jan 23, 2009 2:39pm Jan 23, 2009 2:39pm
Quoting Forbes55
so we leave open positions both euro and pound for weekend and after holidays we should get rich, right?
Who has holiday coming up?
Just digging in the trenches like everyone else!
  • #114,652
  • Jan 23, 2009 2:43pm Jan 23, 2009 2:43pm
Figures today confim that UK is offically in recession..so my advise to any1 is look to sell this mofo from a descent high
  • #114,653
  • Jan 23, 2009 2:45pm Jan 23, 2009 2:45pm
For what it's worth! I've thrown a soldier on the battlefield short at 3787. SL is tight, set it at 3810 for this time of day, going to test the wick of the last 1h candle. Might be a bad trade, so caution to whoever takes this.
Just digging in the trenches like everyone else!
  • #114,654
  • Jan 23, 2009 2:50pm Jan 23, 2009 2:50pm
Quoting eohater
For what it's worth! I've thrown a soldier on the battlefield short at 3787. SL is tight, set it at 3810 for this time of day, going to test the wick of the last 1h candle. Might be a bad trade, so caution to whoever takes this.
I went in on the last test of 3790 at 3789. I think the bears are gaining control, but ... if we do break through 3800, I think a run to 3860 is possible.
  • #114,655
  • Jan 23, 2009 2:52pm Jan 23, 2009 2:52pm
Quoting daffy
I went in on the last test of 3790 at 3789. I think the bears are gaining control, but ... if we do break through 3800, I think a run to 3860 is possible.
It's possible for sure. Looks like I'm going to get stopped out anyways. The 1h candle is going to close higher than the last 1h candle. Shit happens and new trades will come along.
Just digging in the trenches like everyone else!
  • #114,656
  • Jan 23, 2009 2:57pm Jan 23, 2009 2:57pm
Not looking good for my short! We'll see what happens after the DOW closes, if she hasn't closed me out yet. I would ideally like the 1h to close under 3796, but I don't think that's going to happen. DAMNIT!
Just digging in the trenches like everyone else!
  • #114,657
  • Jan 23, 2009 2:58pm Jan 23, 2009 2:58pm
Quoting eohater
It's the end of the day on Friday. I don't know how many positions you have at 3570, but don't be afraid to TP on some and secure the rese. As to the 1h 62 causing a bounce, I don't know. It's Friday and positions are being squared. We could be on a slow haul north, but I'd be surprised if we're done with the southbound train. Watch the PA, she'll tell you. Don't just assume there will be a bounce.
Thanks for the reply eo I will be watching the pa on m15 and make a decision on the opening of the next H1 candle
  • #114,658
  • Jan 23, 2009 2:59pm Jan 23, 2009 2:59pm
Quoting eohater
Not looking good for my short! We'll see what happens after the DOW closes, if she hasn't closed me out yet. I would ideally like the 1h to close under 3796, but I don't think that's going to happen. DAMNIT!
She is dying to close above 3800 for the week......

Did she get ya????

HOLLA
  • #114,659
  • Jan 23, 2009 3:04pm Jan 23, 2009 3:04pm
Quoting Turtle
She is dying to close above 3800 for the week......

Did she get ya????

HOLLA
Nope, she came close, within 2 pips, She's at 3793 on my broker's price. I think I'll dump her at BE should she get there.
Just digging in the trenches like everyone else!
  • #114,660
  • Jan 23, 2009 3:06pm Jan 23, 2009 3:06pm
I think its being dropped... aint sure.... Hehe!

Stupid dow...
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