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Cable Update (GBPUSD)

  • #115,481
  • Jan 27, 2009 1:41pm Jan 27, 2009 1:41pm
Quoting PipLand
You did get help from me I told you to close your long and wait to see if the trend line was broken.
It's not help she was looking for.
Common, man, show some super-duper trick from your pocket, so the loss could be recoverd right now.
  • #115,482
  • Jan 27, 2009 1:41pm Jan 27, 2009 1:41pm
  •  Trader#2EF1
  • | Status: Unregistered Trader
I trade the Stoch quite heavily, along with the ADX... I look for fast trades, taking as many as 15-20 a day INtra day trading.

the 15m stoch iss now resting below 23.6 with the ADX breaking just barely holding above 25

the 30m stoch is about to gather and close out below 23.6 and the ADX is below 25 showing a slight short signal, but flatening out...
  • #115,483
  • Jan 27, 2009 1:41pm Jan 27, 2009 1:41pm
Im still holding short as of 1.4174
  • #115,484
  • Jan 27, 2009 1:42pm Jan 27, 2009 1:42pm
  •  Trader#2EF1
  • | Status: Unregistered Trader
flattening
  • #115,485
  • Jan 27, 2009 1:43pm Jan 27, 2009 1:43pm
Quoting eohater
Ok, I didn't mean to sound rude, just trying to understand your background. As to my ability to trade $500k, well, I won't even go there. I don't care if you are trading penny lots or $100Klots, it's all the same system. To hold a position as long as you have through the fall she's taken is amazing. We've all done it, and those of us who learned from it, will never do it again. We are in the midst of history atm, we have made a massive fall since July 15, 2008 and the bottom I believe is no where in sight. So, to answer your question, I believe...
=====>
Patience + Discipline - Greed = Success
  • #115,486
  • Jan 27, 2009 1:45pm Jan 27, 2009 1:45pm
a bouce off the m15 50sma?
  • #115,487
  • Jan 27, 2009 1:45pm Jan 27, 2009 1:45pm
Quoting joemiami
Im still holding short as of 1.4174
hell with it...Im closing my trade for 25 pips.

see you all tomorrow...
  • #115,488
  • Jan 27, 2009 1:46pm Jan 27, 2009 1:46pm
Quoting koorb
a bouce off the m15 50sma?
I also have a trendline on the 15m which touches through there as well.
Just digging in the trenches like everyone else!
  • #115,489
  • Jan 27, 2009 1:47pm Jan 27, 2009 1:47pm
Quoting Komissar
It's not help she was looking for.
Common, man, show some super-duper trick from your pocket, so the loss could be recoverd right now.
If i had those sort of tricks i would be like that guy out of Jumper
  • #115,490
  • Jan 27, 2009 1:47pm Jan 27, 2009 1:47pm
  •  Trader#2EF1
  • | Status: Unregistered Trader
personal opinion.. u need to take shorter trades, quick with profits... try to close ALL trades by close of day. with that long, the only thing u can do is either close it now, eat the loss, trade wiser,,, or leave it open and take small trades using wise moneymanagement and build your equity and margin level so u can withstand the tempest.

also, u need to listen to people who have experience... some get testy, and when digging such a deep hole, it is hard not to get angry with your replies... which don't help matters.

but find some indicators.. get used to them, trade them wisely... and listen to what the pro's have to say.

me... I lost BIGtime not listening to wisdom... Place all trades with stops... even if it is 100pip stoploss...

happier trading
  • #115,491
  • Jan 27, 2009 1:48pm Jan 27, 2009 1:48pm
Quoting joemiami
hell with it...Im closing my trade for 25 pips.

see you all tomorrow...
Again, no one went broke taking profits, I know some who went broke holding onto losses though!
Just digging in the trenches like everyone else!
  • #115,492
  • Jan 27, 2009 1:48pm Jan 27, 2009 1:48pm
Quoting macK
I trade the Stoch quite heavily, along with the ADX... I look for fast trades, taking as many as 15-20 a day INtra day trading.

the 15m stoch iss now resting below 23.6 with the ADX breaking just barely holding above 25

the 30m stoch is about to gather and close out below 23.6 and the ADX is below 25 showing a slight short signal, but flatening out...
Ahh I didnt realise you were scalping I miss understood sorry
  • #115,493
  • Edited 1:51pm Jan 27, 2009 1:48pm | Edited 1:51pm
juz forget about her now..it is really her problem right now..if she had 1year experince i believe such thing would never happed even if you become greedy..sorry to say this..but ur post now become become annoying..

eo,what is ur price for the next h1 candle to close??
  • #115,494
  • Jan 27, 2009 1:49pm Jan 27, 2009 1:49pm
Quoting eohater
Ok, I didn't mean to sound rude, just trying to understand your background. As to my ability to trade $500k, well, I won't even go there. I don't care if you are trading penny lots or $100Klots, it's all the same system. To hold a position as long as you have through the fall she's taken is amazing. We've all done it, and those of us who learned from it, will never do it again. We are in the midst of history atm, we have made a massive fall since July 15, 2008 and the bottom I believe is no where in sight. So, to answer your question, I believe...
Ok , this is a quality answer and i wanna said that until now ....with this trade i have learn so much ...wordless ...and i will never go this deep , even if i loss 1000 euro ...i will close my deal ....but i was hopping , you know .....GBP use to be so strong ...........................but not enymore ...!!!!!
  • #115,495
  • Jan 27, 2009 1:51pm Jan 27, 2009 1:51pm
Quoting eohater
I also have a trendline on the 15m which touches through there as well.
I am not taking the long off the m15 50 this time based on the thin volume and slow movements... I am still seeing possible shampoo on m15 and h1 so shorts look more favourable to me...Eu is also looking like a bearish pin atm but the daily closes will be important...
Patience + Discipline - Greed = Success
  • #115,496
  • Jan 27, 2009 1:53pm Jan 27, 2009 1:53pm
  •  Trader#2EF1
  • | Status: Unregistered Trader
Pip...

I trade quite a few scalps, but will have one or two long-term open, trying to close those by the close of market on the weekend.

I make a few,,, enuf to buy beans and cornbread...

happy pippin all...
==============================
May you live all the days of your life.
==============================
  • #115,497
  • Jan 27, 2009 1:53pm Jan 27, 2009 1:53pm
Could we be looking at a potential "head & shoulders" on 15 min ?
  • #115,498
  • Jan 27, 2009 1:55pm Jan 27, 2009 1:55pm
  •  Trader#2EF1
  • | Status: Unregistered Trader
what is a 'H & R"
  • #115,499
  • Jan 27, 2009 1:56pm Jan 27, 2009 1:56pm
Quoting ZuZuFx
Ok , this is a quality answer and i wanna said that until now ....with this trade i have learn so much ...wordless ...and i will never go this deep , even if i loss 1000 euro ...i will close my deal ....but i was hopping , you know .....GBP use to be so strong ...........................but not enymore ...!!!!!
GBP use to be very strong, but with the global turmoil we're in, the dollar has risen as the world's reserve currency. I do believe the dollar will get flushed as soon as the US declares we are out of the recession and back on high times.
Just digging in the trenches like everyone else!
  • #115,500
  • Jan 27, 2009 2:00pm Jan 27, 2009 2:00pm
Quoting joemiami
Could we be looking at a potential "head & shoulders" on 15 min ?
...
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