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Cable Update (GBPUSD)

  • #122,801
  • Feb 23, 2009 10:33am Feb 23, 2009 10:33am
Nice drop, 1.4530. PipLand is your TL broken, yet?
  • #122,802
  • Feb 23, 2009 10:34am Feb 23, 2009 10:34am
Quoting eohater
You've got a nice short entry. I was short earlier from 4635, I'll be pissed if I should have left it open.
Nice bro!! I was short from the daily 50ema 4650.... I had an order there waiting from last night ... I had tp set at 4550.... should have left some open.... Not complaining though... been a good day...
Patience + Discipline - Greed = Success
  • #122,803
  • Feb 23, 2009 10:36am Feb 23, 2009 10:36am
Quoting eohater
Yup! I'm pissed. Long was closed out for +2. YEAH!! Now I can go eat lunch.
At least got +2, was def worth a shot, could have gone either way there for a min, looks like there was a few stops under the trendline it seemed
  • #122,804
  • Feb 23, 2009 10:38am Feb 23, 2009 10:38am
Quoting meromar
Summary: Deposit/Withdrawal: 50 000.00 Credit Facility: 0.00 Closed Trade P/L: 623.90 Floating P/L: 0.00 Margin: 0.00 Balance: 50 623.90 Equity: 50 623.90 Free Margin: 50 623.90 Details:

TRADING gu FOR THE INVESTOR FOR 3 DAYS:What is the just monthly payment/sum+bonus/ for the trader
Any analysis to offer bro? Showing your account in the thread is ok but maybe a journal or something would be more suited for that IMVHO...
Patience + Discipline - Greed = Success
  • #122,805
  • Feb 23, 2009 10:38am Feb 23, 2009 10:38am
Quoting Infinity
Nice bro!! I was short from the daily 50ema 4650.... I had an order there waiting from last night ... I had tp set at 4550.... should have left some open.... Not complaining though... been a good day...
Good job bro! I rode the long bus last night from 4375 to 4500. I put the order on, gave the kids a bath and came back to nice pippage. Unfortunate I couldn't have managed the trade to the top. Oh well! Pippage has been good. I'm on the sides now, I'll look for another position once I get back from lunch.

Glad to see your internet is holding up today!
Just digging in the trenches like everyone else!
  • #122,806
  • Feb 23, 2009 10:38am Feb 23, 2009 10:38am
Quoting trader8686
Nice drop, 1.4530. PipLand is your TL broken, yet?
It is well broken at the moment but personally i dont consider any S/R & trendlines broken until the last 15min candle close above or below them.

My trendline is curently at 1.4546 so as long as 15min candle closes below that
  • #122,807
  • Feb 23, 2009 10:42am Feb 23, 2009 10:42am
Quoting PipLand
It is well broken at the moment but personally i dont consider any S/R & trendlines broken until the last 15min candle close above or below them.

My trendline is curently at 1.4546 so as long as 15min candle closes below that
PipLand, mind to post your chart again?
  • #122,808
  • Feb 23, 2009 10:43am Feb 23, 2009 10:43am
Its a happy Monday so far - the small short I left on over the weekend was good and I added to it this morning and that was good.

I got out as soon as I had a reasonable profit even though I felt that the downtrend will continue - this un-greedy scalping style seems to suit me

The style is threatened when I actually make a loss - as the temptation to take more risk and to double up the position invariably means more losses.

Therefore, staying in profit and keeping the risk down is the way to go for me...

The psychological aspect of trading is very important
  • #122,809
  • Feb 23, 2009 10:43am Feb 23, 2009 10:43am
Quoting eohater
Good job bro! I rode the long bus last night from 4375 to 4500. I put the order on, gave the kids a bath and came back to nice pippage. Unfortunate I couldn't have managed the trade to the top. Oh well! Pippage has been good. I'm on the sides now, I'll look for another position once I get back from lunch.

Glad to see your internet is holding up today!
Great trading bro!! I got the exact same trade last night bro!! I got in off the m15 50ema..... I closed at 4475 though...

Yes... internet holding up so far!.......Enjoy your lunch !!
Patience + Discipline - Greed = Success
  • #122,810
  • Feb 23, 2009 10:44am Feb 23, 2009 10:44am
us session is worse one to trade
Trade less make more!
  • #122,811
  • Feb 23, 2009 10:49am Feb 23, 2009 10:49am
Quoting trader8686
PipLand, mind to post your chart again?
Here you go
Attached Image (click to enlarge)
Click to Enlarge Name: ccc4.gif Size: 48 KB
  • #122,812
  • Feb 23, 2009 10:51am Feb 23, 2009 10:51am
Quoting PipLand
Here you go
MY 4hr too
Attached Image (click to enlarge)
Click to Enlarge Name: 4h.gif Size: 40 KB
  • #122,813
  • Feb 23, 2009 11:03am Feb 23, 2009 11:03am
Ok, PipLand, looks like your TL didn't break, so far. Am I right?
  • #122,814
  • Feb 23, 2009 11:09am Feb 23, 2009 11:09am
Quoting trader8686
Ok, PipLand, looks like your TL didn't break, so far. Am I right?
It did break on the 15min but cable climbed up back in. The trendline plotted on the 1hr chart remains just about unbroken at the moment
  • #122,815
  • Feb 23, 2009 11:17am Feb 23, 2009 11:17am
pip, I have it below the trendline now
Thank You
  • #122,816
  • Feb 23, 2009 11:28am Feb 23, 2009 11:28am
Whew...was a little concerned about that short for a few minutes...

Short off the last spike, 1.4567...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #122,817
  • Feb 23, 2009 11:31am Feb 23, 2009 11:31am
Quoting PipLand
It did break on the 15min but cable climbed up back in. The trendline plotted on the 1hr chart remains just about unbroken at the moment
Looks like we are trying again to break the TL, now at 1.4542.
  • #122,818
  • Feb 23, 2009 11:32am Feb 23, 2009 11:32am
Quoting wormboy
pip, I have it below the trendline now
Its def below the line now thats for sure !! on the 15min that is
  • #122,819
  • Feb 23, 2009 11:33am Feb 23, 2009 11:33am
Took +25, will wait for next spike.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #122,820
  • Feb 23, 2009 11:39am Feb 23, 2009 11:39am
Hope thats the spike I'm looking for...long @ 1.4518
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
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