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Cable Update (GBPUSD)

  • #131,141
  • May 5, 2009 2:53am May 5, 2009 2:53am
Quoting Richalok
you doing overtrade again n again selling.....
hahaa
  • #131,142
  • May 5, 2009 2:54am May 5, 2009 2:54am
still want to going up?? i'm floating long now..my entry 1.5056...
  • #131,143
  • May 5, 2009 2:56am May 5, 2009 2:56am
Last night's H1 rejection of the shooting star proved to be short-lived. Market's putting up a real fight around 1.5000 (psychologically driven).
If the struggle continues that means 1.5000 is a too strong of a resistance and the price will start to falter down thru the 1.49's.
Hear the music before the song is over ...
  • #131,144
  • May 5, 2009 2:56am May 5, 2009 2:56am
Quoting yanzsukechi
1.4785
1.4828
1.4880
1.4931

lot size 2

huhu, what should i do
days ago i have 200 below target..but i can help it because im using micro...
i lock it and i can escape from trouble (putting sell and buy in same currency)
i tried about 3 days to escape. i play on the middle of lock

i know this is bad strategy for pro and good player
- Always pray on your trading - God know the best for everyone
  • #131,145
  • May 5, 2009 2:56am May 5, 2009 2:56am
cant say bear and bull
  • #131,146
  • May 5, 2009 2:57am May 5, 2009 2:57am
Yanz, stop loss is there for a reason...don't try to over leverage your account. If u trade 10% u will never pull your account to zero.

How long have u been trading?
  • #131,147
  • May 5, 2009 3:01am May 5, 2009 3:01am
First supports emerge around 1.4850-1.4900 lower price channel from may 1st and may 4th.
Hear the music before the song is over ...
  • #131,148
  • May 5, 2009 3:02am May 5, 2009 3:02am
Quoting akumelayu
still want to going up?? i'm floating long now..my entry 1.5056...
Support and resistence levels can help reduce risk ..... 1.5060 is strong resistence for bulls.....

Shorted at 1.5055.... SL 1.5075.... TP ... 1.4850
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #131,149
  • May 5, 2009 3:04am May 5, 2009 3:04am
Quoting Bull_Bear
Support and resistence levels can help reduce risk ..... 1.5060 is strong resistence for bulls.....

Shorted at 1.5055.... SL 1.5075.... TP ... 1.4850
thanks friendss
  • #131,150
  • May 5, 2009 3:06am May 5, 2009 3:06am
imo...if it breaks 4hr trend line and candle closes, its going to 5185, but this is a strong resistance becuz its hitting 23% on daily and if u guys didnt notice our first run to 1.50675 was exactly 23% on the daily chart
  • #131,151
  • May 5, 2009 3:21am May 5, 2009 3:21am
Quoting 4xHero
imo...if it breaks 4hr trend line and candle closes, its going to 5185, but this is a strong resistance becuz its hitting 23% on daily and if u guys didnt notice our first run to 1.50675 was exactly 23% on the daily chart
What are you saying?it will go up anytime soon today??
  • #131,152
  • May 5, 2009 3:30am May 5, 2009 3:30am
Quoting Endrju
I see big picture that there should be a retrace lower to really brake 5060, this wasn't best entry, but i still favor retrace, i won't buy at the top and won't trust god
As a progressive I will ignore this sarcasm. My only answer is that I do my best to do the math well, but I still trust God. Please discuss charts here not beliefs.
  • #131,153
  • May 5, 2009 3:31am May 5, 2009 3:31am
pending orders :

long at 5070
short at 4980
  • #131,154
  • May 5, 2009 3:38am May 5, 2009 3:38am
Quoting yanzsukechi
help me please, im almost out of balance, equity remaining 50, and all orders are sell, what should i do? should i close and open a sell again when it starts to fall or when does the free fall starts?
What makes us is not the successes we have achieved but the failures we took out to achieve those successes. Sometimes the best thing to do is to accept our loss and plan for the next trade. Its really a pity YOUR ACCOUNT is suffering this but we all make this mistake. Find a way to protect what you have left. There will be better trades
  • #131,155
  • May 5, 2009 3:43am May 5, 2009 3:43am
Quoting Gainmoney
What are you saying?it will go up anytime soon today??
The price will give u the answer, when 4h candle closes. That will be a strong indication where it is going.
  • #131,156
  • May 5, 2009 3:43am May 5, 2009 3:43am
1.5077 and still moving up.. How is the news going on guys??Any idea?
  • #131,157
  • May 5, 2009 3:50am May 5, 2009 3:50am
Quoting sERDAr
Check last data ...construction PMI .. fascinating...

I had given this info 10 min ago .. you are not reading ..
All i know its a better number than the expected forecast. Does it means it will continue its bullish momentum for the next few hours after the news break?
  • #131,158
  • May 5, 2009 3:55am May 5, 2009 3:55am
any short from now?
- Always pray on your trading - God know the best for everyone
  • #131,159
  • May 5, 2009 3:55am May 5, 2009 3:55am
Touch down to 1.51!! Cheers to those long takers. Im out for 105 pips. Still looking out for the trend closely.
  • #131,160
  • May 5, 2009 4:08am May 5, 2009 4:08am
Quoting kingindian
any short from now?
Would not recommend that course of action right now.
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