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Cable Update (GBPUSD)

  • #137,941
  • Jun 17, 2009 9:58pm Jun 17, 2009 9:58pm
Quoting forexlion
concentrate more on entry not on stops

a good entry is what you need, not S/R levels

try to enter on strong trends and leave it when the trend weakens

enter a moving bus and leave it when it stops
when i trade i concentrate on keeping my low at -2 or -5 max and collect +20 to +90 pips and get out
  • #137,942
  • Jun 17, 2009 10:04pm Jun 17, 2009 10:04pm
Quoting jack.canadia
How can i sleep when im making pips!
if you do not sleep today then you will make double mistakes the next day

now off to bed before i fry your a$$ with hot coals taken from a rotting ship
  • #137,943
  • Jun 17, 2009 10:07pm Jun 17, 2009 10:07pm
Quoting forexlion
if you do not sleep today then you will make double mistakes the next day
lol im young and on summer vacation ... i can afford to stay up later and still be able to function in the morning

i dont obsess over this thing .. if you havent noticed, unemployment is the word of today and being a recent university graduate, i am unemployed! hence alot of time for fx
  • #137,944
  • Jun 17, 2009 10:10pm Jun 17, 2009 10:10pm
Quoting forexlion
when i trade i concentrate on keeping my low at -2 or -5 max and collect +20 to +90 pips and get out
Forexlion, thanks for your insight!

I agree, finding strong trends is the key and when its not then back away and wait.

My problem is that i have a itchy trigger finger, and want to always take a trade.

I beleive today is one of those days to wait and see what happens when prices breaks out of this triangle consolidation.

Discipline and patience is key!
  • #137,945
  • Jun 17, 2009 10:12pm Jun 17, 2009 10:12pm
Quoting jack.canadia
lol im young and on summer vacation ... i can afford to stay up later and still be able to function in the morning

i dont obsess over this thing .. if you havent noticed, unemployment is the word of today and being a recent university graduate, i am unemployed! hence alot of time for fx
a person who cannot generate employment for himself is unemployed

a smart person knows how to force the bosses to employ him, my first job was taken in this manner, i got employed as a network security expert after i blew the banks security systems to bits, and made it known in newspapers the next day i got hired by the same bank
  • #137,946
  • Jun 17, 2009 10:13pm Jun 17, 2009 10:13pm
Quoting forexlion
a person who cannot generate employment for himself is unemployed

a smart person knows how to force the bosses to employ him, my first job was taken in this manner, i got employed as a network security expert after i blew the banks security systems to bits, and made it known in newspapers the next day i got hired by the same bank
lol well i am starting medical school in the fall .. as ive been told 'i have the rest of my life to work'
  • #137,947
  • Jun 17, 2009 10:14pm Jun 17, 2009 10:14pm
still keep my short @ 164.20 and waiting for tp @ 162.90 will it reach ?
need opinion and guide here
Just Newbie Need Guidance From The Expert
  • #137,948
  • Jun 17, 2009 10:15pm Jun 17, 2009 10:15pm
Quoting NoviceInd
still keep my short @ 164.20 and waiting for tp @ 162.90 will it reach ?
need opinion and guide here
good entry .. wheres the stop?
  • #137,949
  • Jun 17, 2009 10:15pm Jun 17, 2009 10:15pm
Forexlion, how many years have you been trading for?
  • #137,950
  • Jun 17, 2009 10:16pm Jun 17, 2009 10:16pm
Quoting jack.canadia
lol well i am starting medical school in the fall .. as ive been told 'i have the rest of my life to work'
find the smartest chick whose dad is a doc and join him, not only will it help you get a job, but also help you in the long run in the medic field experience
  • #137,951
  • Jun 17, 2009 10:17pm Jun 17, 2009 10:17pm
Quoting alex1976
Forexlion, how many years have you been trading for?
since 2006 and i never keep stops, never need to if you have a good entry

i joined forexfactory in sept 2006 , but twee changed my registration date because i used to suspend too many spammers on forums,
  • #137,952
  • Jun 17, 2009 10:20pm Jun 17, 2009 10:20pm
I am in short, scalped the GU quite nicely during the Asian session, I have my 4th position held.


http://img268.imageshack.us/img268/4654/jun17.th.jpg
  • #137,953
  • Jun 17, 2009 10:27pm Jun 17, 2009 10:27pm
Quoting forexlion
find the smartest chick whose dad is a doc and join him, not only will it help you get a job, but also help you in the long run in the medic field experience
hem, I'm in right way, i have GF as doctor and I'm just unemployer. but fx make me stress than my GF
  • #137,954
  • Jun 17, 2009 10:32pm Jun 17, 2009 10:32pm
Quoting jack.canadia
good entry .. wheres the stop?
my stop @ 164 .70 if it break i run
Just Newbie Need Guidance From The Expert
  • #137,955
  • Jun 17, 2009 10:41pm Jun 17, 2009 10:41pm
Quoting NoviceInd
my stop @ 164 .70 if it break i run
move your stop to at least break-even .. maybe even lock in some profit!! why risk now
  • #137,956
  • Jun 17, 2009 10:55pm Jun 17, 2009 10:55pm
Quoting forexlion
since 2006 and i never keep stops, never need to if you have a good entry

i joined forexfactory in sept 2006 , but twee changed my registration date because i used to suspend too many spammers on forums,

You never keep stops?

I understand what your saying but how far will you let a trade go against you if you are in the red?
  • #137,957
  • Jun 17, 2009 11:07pm Jun 17, 2009 11:07pm
[email protected], now +ve 10 pips. Any advice?
Great Bodies are Engineered not Born
  • #137,958
  • Jun 17, 2009 11:09pm Jun 17, 2009 11:09pm
Quoting RichLadyFX
[email protected], now +ve 10 pips. Any advice?
It did not even get there cant be +ve for 10 pips................If it did trust me I would be singing song by now.......do people just make things up on here or what.............
Let Price determine your future!
  • #137,959
  • Jun 17, 2009 11:18pm Jun 17, 2009 11:18pm
Quoting Geppyg
It did not even get there cant be +ve for 10 pips................If it did trust me I would be singing song by now.......do people just make things up on here or what.............
Sorry, my mistake. Thats my SL. [email protected], already TP for 40 [email protected]. You know, not much sleep...
Great Bodies are Engineered not Born
  • #137,960
  • Jun 17, 2009 11:19pm Jun 17, 2009 11:19pm
Quoting RichLadyFX
[email protected], now +ve 10 pips. Any advice?
I'm with you. my target is 6430. BE+5 right now.
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