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Cable Update (GBPUSD)

  • #125,001
  • Mar 5, 2009 7:51am Mar 5, 2009 7:51am
Quoting cesarg
i like to trade gu, but today i prefer to trade GJ. so i shorted at 140.77... i start to see usd fall for a while, plus the gu fall... that's a nice confluence... for gj

stop at be+10 currently 120 pips.. let's see what happen...
Might want to lock in a bit more there mate. Dragon's still trapped in that daily wedge. I am waiting for a breakout to ride that beast.
Thank You
  • #125,002
  • Mar 5, 2009 7:51am Mar 5, 2009 7:51am
Quoting yahzeex
am a bloddy greedy man ....
made 112pips
lost it to the news

made 600usd
lost 800usd

trading without management ,
market revenge
pls need advice

should i quit......................

keep going smaller lots you will make it some day
  • #125,003
  • Mar 5, 2009 7:57am Mar 5, 2009 7:57am
Quoting mcfx
keep going smaller lots you will make it some day
Yes good advice If your at the stage of wondering if you can make it or not the anwser is Yes you can but as MCFZ said, much much smaller lots start of slow! Then increase lot size very gradually as your account grows! good luck
  • #125,004
  • Mar 5, 2009 7:59am Mar 5, 2009 7:59am
Quoting PipLand
Yes good advice If your at the stage of wondering if you can make it or not the anwser is Yes you can but as MCFZ said, much much smaller lots start of slow! Then increase lot size very gradually as your account grows! good luck
your my favert onehttp://www.forexfactory.com/images/icons/icon10.gif
  • #125,005
  • Mar 5, 2009 7:59am Mar 5, 2009 7:59am
Quoting wormboy
Might want to lock in a bit more there mate. Dragon's still trapped in that daily wedge. I am waiting for a breakout to ride that beast.

yeah, is exactly what i've done in +47.
  • #125,006
  • Mar 5, 2009 7:59am Mar 5, 2009 7:59am
Wow the Euro is getting its arse kicked I guess no one beleived they would really cut rates?
  • #125,007
  • Mar 5, 2009 8:01am Mar 5, 2009 8:01am
cesarg :

Pip : our shortgun loaded yet mate?
Thank You
  • #125,008
  • Mar 5, 2009 8:01am Mar 5, 2009 8:01am
Morning Worm, Cesarg, Pipsland, and alll!!!!


-----------------
To yahzeex

i would suggest you to focus on a clear entry and exit method + Stop loss maximum 5% of your account and Risk reward ratio minimum 2/1, like 20 pips gain for 10 pips lost - MINIMUM!

If not... its not trading, its gambling.

Also as it been said, protect profit at around 15/20 pips profit.

2 cents....
  • #125,009
  • Mar 5, 2009 8:02am Mar 5, 2009 8:02am
family guy that is
  • #125,010
  • Mar 5, 2009 8:04am Mar 5, 2009 8:04am
Morning Inz! well, gnite where I am anyway lol.
Thank You
  • #125,011
  • Mar 5, 2009 8:04am Mar 5, 2009 8:04am
Quoting mcfx
your my favert onehttp://www.forexfactory.com/images/icons/icon10.gif
Thnx lol
  • #125,012
  • Mar 5, 2009 8:05am Mar 5, 2009 8:05am
trying to make it back fast doesnt work.. you will just lost it all again and again till you find the way, your way
  • #125,013
  • Mar 5, 2009 8:06am Mar 5, 2009 8:06am
Anyone short the gbp/usd at this price? I'm currently short gbp/usd at 1.4108 and eur/usd at .89208

Hey on the sidenote, I'm tryign to adjust my sleeping patterns, I'm in the east coast states, and was trying to figure best times to get both USA and UK tradign times.
  • #125,014
  • Mar 5, 2009 8:11am Mar 5, 2009 8:11am
Hi everyone,
Just my advice for you yahzeex,

Don't trade for now until you feel calm. I just lose 400usd but total profit for today is 800usd. Very big amount for me as Malaysian. Isn't it Wormboy. Please remember ; Is not end of the world when you lose. Keep some of the money. tell yourself : I'm going to have good day tomorrow.
  • #125,015
  • Mar 5, 2009 8:13am Mar 5, 2009 8:13am
Night!? Really, i don't understand, we ONLY got 11hrs of difference , in between me and you.... Hehe!

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

Pips yeah, Eu is getting nailed hard time. GU still over 1.4050... corrolation between those last days been weaker and weaker from what i saw.

I'm starting to doubt about next down rally and looking for it to get around 1.4418 in next trading days... witch fall at middle pitchfork median of daily TF.... If we don't break 1.3957 today...

Let's see!
  • #125,016
  • Mar 5, 2009 8:16am Mar 5, 2009 8:16am
Quoting J e M y
And USD/JPY it's go down to 95.00 if it not reach 99.80
where ar u bro?
i closed all position with profits.+500 pips for today.
  • #125,017
  • Mar 5, 2009 8:16am Mar 5, 2009 8:16am
I am still in short GBP/USD from 1.4160, position made double at 1.4090 with tp 1.4020 for both. Sl at 1.4210 and and 1.4150. I was very likely to close trade at 1.4040 but this would mean that I am not follow 100% of my strategy. Not made pips (to early closing position) = lost pips.
  • #125,018
  • Mar 5, 2009 8:18am Mar 5, 2009 8:18am
Quoting Inzider
Night!? Really, i don't understand, we ONLY got 11hrs of difference , in between me and you.... Hehe!


Let's see!
10 pm here my friend
Thank You
  • #125,019
  • Mar 5, 2009 8:18am Mar 5, 2009 8:18am
Quoting jimo
where ar u bro?
i closed all position with profits.+500 pips for today.
show me a 500pip trade take a 0 off of that lol
  • #125,020
  • Mar 5, 2009 8:20am Mar 5, 2009 8:20am
just playing
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