Cable Update (GBPUSD) | Page 7012 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #140,221
  • Jun 25, 2009 8:28am Jun 25, 2009 8:28am
Quoting Dillinger
thanks Nardino,

I really need more patience on exiting trades. I'm ok waiting for the right set up, but I have this really bad habit of jumping out at my initial TP target, and then have to jump back in if the trend keeps going.

good luck with your trade!
You know why this happens? It's the human nature to be risk-averse when it comes to profits.

When you see the pips running away from you, you quickly get out in fear of losing more of it. Happened with me earlier when I closed my short way too early...
  • #140,222
  • Jun 25, 2009 8:28am Jun 25, 2009 8:28am
Volumes going down, this means big boys are not interested selling more (for now). They got fueled up and just relaxing, getting their beers and watching GBP to recover from this shit hole. Easy pips heh ?
  • #140,223
  • Jun 25, 2009 8:28am Jun 25, 2009 8:28am
for me its not logical to look about short when price is at S2. well im long @6236. but i could be wrong.

trailing stop 15, gj long too
  • #140,224
  • Jun 25, 2009 8:29am Jun 25, 2009 8:29am
Quoting john123x
not much activity with the cable. and i aint contend with so little pip profit....

may i know wat was ur trade?
  • #140,225
  • Jun 25, 2009 8:31am Jun 25, 2009 8:31am
Quoting Bull_Bear
Yup eye balling is nothing new to us day traders, funny how we don't get bored eye balling silly candle sticks move up and down for hour in and out.

I'll never get bored with this stuff. I LOVE it!! This is my J.O.B. now that I'm disabled and makes me wonder why I ever built houses...LOL (not really, I really loved that too...)

Edit: Just taken out at 6270. Time for breakfast.
Ghost Rider - WWTBMD?
  • #140,226
  • Jun 25, 2009 8:31am Jun 25, 2009 8:31am
Quoting Geppyg
I must be missing something...
Are you not supposed to add a position at support to go long....which support do you keep finding...to go long....

I have shorted in 6200 zone 5 times now..and it seems to easy to trade...sold the retracements every time....

All that are adding longs....

Point to add ...for scalps

200 220 ...no other place at all...( scalps only)
nice one geppygig. I was so focused on looking for the big move that I didn't see those scalps. signals for theretracements are quite clear too. Indeed, seems too easy to be true - but, as they say keeping things simple is best. Hope you enjoy your pips.
  • #140,227
  • Jun 25, 2009 8:31am Jun 25, 2009 8:31am
Quoting slykyn
for me its not logical to look about short when price is at S2. well im long @6236. but i could be wrong.
This is an excellent price to be long. I wish I were in your shoes..My long was executed too early..
  • #140,228
  • Jun 25, 2009 8:32am Jun 25, 2009 8:32am
Quoting slykyn
for me its not logical to look about short when price is at S2. well im long @6236. but i could be wrong.

trailing stop 15, gj long too
+80 so far


/gj out +40
gu out +40
  • #140,229
  • Jun 25, 2009 8:32am Jun 25, 2009 8:32am
bulls wake up finally
  • #140,230
  • Jun 25, 2009 8:33am Jun 25, 2009 8:33am
Quoting leimonx
may i know wat was ur trade?
6250
  • #140,231
  • Jun 25, 2009 8:34am Jun 25, 2009 8:34am
Quoting albchr
I'll never get bored with this stuff. I LOVE it!! This is my J.O.B. now that I'm disabled and makes me wonder why I ever built houses...LOL (not really, I really loved that too...)

Edit: Just taken out at 6270. Time for breakfast.
Yeah this forum is terrific !

Good luck buddy
  • #140,232
  • Jun 25, 2009 8:35am Jun 25, 2009 8:35am
Quoting roreki
bulls wake up finally
Hope you didn't panic and sold your long just now.
  • #140,233
  • Jun 25, 2009 8:35am Jun 25, 2009 8:35am
I still favor the 1.6200 level....

Good Luck guys..... bed time for me.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #140,234
  • Jun 25, 2009 8:37am Jun 25, 2009 8:37am
Quoting john123x
6250

dats very nice,

i'm stil waiting to go long at a nice price
  • #140,235
  • Jun 25, 2009 8:39am Jun 25, 2009 8:39am
albchr, I was looking at your profile earlier when you posted and it read disabled carpenter as your occupation.

I'm sorry to read about that mate, but I'm sure you'll do well trading as long as you follow your rules, exercise discipline, money management, risk management, etc,

Welcome to the forums!
  • #140,236
  • Jun 25, 2009 8:40am Jun 25, 2009 8:40am
Quoting Ipips
Hope you didn't panic and sold your long just now.
still holding my longs from 1.6300 and 1.6260
  • #140,237
  • Jun 25, 2009 8:42am Jun 25, 2009 8:42am
Quoting albchr
Thanks Benny and the name is Chris...

I'm still holding but I am beginning to wonder if it will reach my final TP of 6220. Moved my stop a bit closer from 6350 to 6270. Don't want to give back "too" much....
Thanks Chris. We set out for the 1.6333 and 1.6233 from 1.6434 entry on just before London open. We've seen both support levels reached today.

I guess it's greed I suppose that I am still hoping it might just cut thru the 1.6230 into the 6220s. If it makes it fine if it doesn't I happy with 150+ pips for today.

On the caution side, I think reversal beckons around the 1.6230.
  • #140,238
  • Jun 25, 2009 8:45am Jun 25, 2009 8:45am
Quoting roreki
still holding my longs from 1.6300 and 1.6260


Earlier I posted a picture of a train wreck for the bulls (including myself). I may have made a mistake. The bull train was merely delayed...
  • #140,239
  • Jun 25, 2009 8:46am Jun 25, 2009 8:46am
Quoting Ipips
albchr, I was looking at your profile earlier when you posted and it read disabled carpenter as your occupation.

I'm sorry to read about that mate, but I'm sure you'll do well trading as long as you follow your rules, exercise discipline, money management, risk management, etc,

Welcome to the forums!
Thanks Ipips and it's no biggy... Something I've known was coming for many years. I live to adapt....
Ghost Rider - WWTBMD?
  • #140,240
  • Jun 25, 2009 8:46am Jun 25, 2009 8:46am
Quoting Dillinger
thanks Nardino,

I really need more patience on exiting trades. I'm ok waiting for the right set up, but I have this really bad habit of jumping out at my initial TP target, and then have to jump back in if the trend keeps going.

good luck with your trade!
Thanks Dillinger. It happens to everyone. Have tried setting your chart on longer timeframe and possibly do other things? It works for me though. Well done for your 200+ pip collection today. LOL
588 traders viewing now, 3 are registered:
,
ricmaj
,