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Cable Update (GBPUSD)

  • #121,381
  • Feb 18, 2009 8:48am Feb 18, 2009 8:48am
Quoting wormboy
short @ 4247.
Me as well, and move SL to 1.4216, worry about pullback !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #121,382
  • Feb 18, 2009 8:48am Feb 18, 2009 8:48am
Quoting mohfaid
Dear Nezar

So,,,,do u think we will test 1.4040 today in US session ?
I Hope so, i toke the 1st short again...
  • #121,383
  • Feb 18, 2009 8:49am Feb 18, 2009 8:49am
Quoting sofia101
I can see it will go to 1.4250-60 and then down ,will see
  • #121,384
  • Feb 18, 2009 8:49am Feb 18, 2009 8:49am
Quoting nAVIN2007
yes i have to say its not a setup any1 can take without accepting a loss as its probable
One shouldn't enter any trade without accepting the possiblities of a loss. It happens. Our goal is to control the amount of loss we incur.
Just digging in the trenches like everyone else!
  • #121,385
  • Feb 18, 2009 8:52am Feb 18, 2009 8:52am
Quoting Magix
Next support range for bottom shows @ 1.4179 on a 5 min chart here.

If fails run @ 1.4217, going to enter short and hold for bottom....

Okay 1.4181 support...failed x and hold over 1.4207 is next possible bottom @ 1.4174 support for M15....MACD sloped, currently holding short @1.4205...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #121,386
  • Feb 18, 2009 8:53am Feb 18, 2009 8:53am
Quoting eohater
One shouldn't enter any trade without accepting the possiblities of a loss. It happens. Our goal is to control the amount of loss we incur.
for sure, but I cant accept a loss which has a 50% probability of happening..theres better opportunities around the corner..one would think
  • #121,387
  • Feb 18, 2009 8:54am Feb 18, 2009 8:54am
Quoting eohater
One shouldn't enter any trade without accepting the possiblities of a loss. It happens. Our goal is to control the amount of loss we incur.
very right, sometimes I do not coutrol the amount of loss, and the results is obverious...
  • #121,388
  • Feb 18, 2009 8:57am Feb 18, 2009 8:57am
Quoting nAVIN2007
for sure, but I cant accept a loss which has a 50% probability of happening..theres better opportunities around the corner..one would think
Exactly brother! There is always another trade setup around the corner with higher probabilities. Patience is a bitch to have sometimes, but we MUST have it.
Just digging in the trenches like everyone else!
  • #121,389
  • Feb 18, 2009 8:59am Feb 18, 2009 8:59am
Quoting Magix
Okay 1.4181 support...failed x and hold over 1.4207 is next possible bottom @ 1.4174 support for M15....MACD sloped, currently holding short @1.4205...
holding [email protected], and @1.4206
  • #121,390
  • Feb 18, 2009 9:00am Feb 18, 2009 9:00am
Quoting leu02cz
Thank you
  • #121,391
  • Feb 18, 2009 9:00am Feb 18, 2009 9:00am
Quoting manize
Me as well, and move SL to 1.4216, worry about pullback !
Good luck my friend
Not moving my sl by any means, like I've done so for 2 days. Those profit taking felt like scalps! Haha. No, gonna let this run methinks. I will move the sl when it closes below 4150
Thank You
  • #121,392
  • Feb 18, 2009 9:00am Feb 18, 2009 9:00am
FYI
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  • #121,393
  • Feb 18, 2009 9:03am Feb 18, 2009 9:03am
Quoting wormboy
Good luck my friend
Not moving my sl by any means, like I've done so for 2 days. Those profit taking felt like scalps! Haha. No, gonna let this run methinks. I will move the sl when it closes below 4150
What would you say if I said we're headed back to 4300?
Just digging in the trenches like everyone else!
  • #121,394
  • Feb 18, 2009 9:04am Feb 18, 2009 9:04am
A real Nail Biter here....

Dive You rascal, DIVE!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #121,395
  • Feb 18, 2009 9:05am Feb 18, 2009 9:05am
Quoting leu02cz
very right, sometimes I do not coutrol the amount of loss, and the results is obverious...
Know your risk/loss before entering the trade. Once you get in, get your stop and TP in place and remove yourself emotionally. Emotions are a bitch to control, their just as hard to control as patience.
Just digging in the trenches like everyone else!
  • #121,396
  • Feb 18, 2009 9:06am Feb 18, 2009 9:06am
Quoting eohater
What would you say if I said we're headed back to 4300?
It'a bad joke, man. Not now, right?
  • #121,397
  • Feb 18, 2009 9:08am Feb 18, 2009 9:08am
Quoting eohater
What would you say if I said we're headed back to 4300?
I would say it possible
  • #121,398
  • Feb 18, 2009 9:08am Feb 18, 2009 9:08am
Quoting eohater
Know your risk/loss before entering the trade. Once you get in, get your stop and TP in place and remove yourself emotionally. Emotions are a bitch to control, their just as hard to control as patience.
I am still trying to manage that.
  • #121,399
  • Feb 18, 2009 9:09am Feb 18, 2009 9:09am
Exited 1 lot @ 1.4187...stop loss @ 1.4200 on second.

Breach and hold below 1.4174 could make bottom around 1.4092....
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #121,400
  • Feb 18, 2009 9:11am Feb 18, 2009 9:11am
Quoting eohater
What would you say if I said we're headed back to 4300?
I'll say, works for me. My sl is placed higher.
Thank You
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