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Cable Update (GBPUSD)

  • #143,021
  • Jul 6, 2009 7:52am Jul 6, 2009 7:52am
Quoting Salsettefx
the cable has started to move up a bit...does anyone think theres still scope for a fall again today? im up like 150pip on breakeven, i dont know if to take profit now or wait for some more pips
i dont see why you should'nt take profit. .. it feels good too
  • #143,022
  • Jul 6, 2009 7:55am Jul 6, 2009 7:55am
Quoting jack.canadia
I woke up earlier this morning and decided to see what was up around here.. I saw price sitting right on daily S3 which was also the psychological 6100 level after a 230 pip downmove .. i checked the 5 minute MACD, one of the tools i look at to see if the pivot might be respected. I noticed bullish divergence and closed my shorts, entered long at 6115 for a re-test of the range bottom between 6200/6220.

bulbear outlined his plan to short there also.
good going jack.canadia i might b safe my tp is just under 200
  • #143,023
  • Jul 6, 2009 7:56am Jul 6, 2009 7:56am
Quoting paulw6182
good going jack.canadia i might b safe my tp is just under 200
6190
  • #143,024
  • Jul 6, 2009 7:57am Jul 6, 2009 7:57am
Thanks to all the sifus here: wormboy, bull bear, jack canadia, malcom, to name a few. We certainly benefit from your presence here.
Great Bodies are Engineered not Born
  • #143,025
  • Jul 6, 2009 8:01am Jul 6, 2009 8:01am
Quoting jack.canadia
6190
you long TP is 6190 and Short PO also at same level right Nick?


Ub
  • #143,026
  • Jul 6, 2009 8:03am Jul 6, 2009 8:03am
Quoting ubaidahsan
you long TP is 6190 and Short PO also at same level right Nick?


Ub
That my TP for my longs yes ... my first short is going to be @ 6195, and i have a few scattered orders up to 6230 .. break above the daily pivot (6338) and ill consider closing.
  • #143,027
  • Jul 6, 2009 8:04am Jul 6, 2009 8:04am
i need a nap.. woke up too early lol .. be back in like 40 min
  • #143,028
  • Jul 6, 2009 8:07am Jul 6, 2009 8:07am
Quoting RichLadyFX
Thanks to all the ...
I'm not a sifu. But thanks anyway!
Thank You
  • #143,029
  • Jul 6, 2009 8:10am Jul 6, 2009 8:10am
Quoting roreki
i made 8000 $ from 2500 $ just on shorting the cable for 3 days .. i love u guyz
in the days back most people would tear your head off for risking more then .0001 per trade uuh uuh thats risky now days everybody want to get rich real fast and dont notice these things so any way i should b asking ar you insane would you have posted if you lost it ?
  • #143,030
  • Jul 6, 2009 8:11am Jul 6, 2009 8:11am
Alright guys love to battle through the trenches but its bed time for buy.

Later All

Good Trading
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #143,031
  • Jul 6, 2009 8:14am Jul 6, 2009 8:14am
Quoting jack.canadia
That my TP for my longs yes ... my first short is going to be @ 6195, and i have a few scattered orders up to 6230 .. break above the daily pivot (6338) and ill consider closing.
Jack, (or anyone else) do you mind explaining what you are going to use to determine you SL for your short @ 6195?

do you have a hard and fast 30/50 pips or another way to work it out?

I'm still learning and would like to try understand how you's all do it

thanks

YB
  • #143,032
  • Jul 6, 2009 8:17am Jul 6, 2009 8:17am
Quoting paulw6182
in the days back most people would tear your head off for risking more then .0001 per trade uuh uuh thats risky now days everybody want to get rich real fast and dont notice these things so any way i should b asking ar you insane would you have posted if you lost it ?
lol , thnx first for your worry about my money

this account i made it just for and only for RISK , it's not my real account it's just one risking with it , i shall take that 5500 $ to my pocket and try to risk again with the 2500 $ , that's my game .. my real account am trading with it only 3 % ,,
  • #143,033
  • Jul 6, 2009 8:23am Jul 6, 2009 8:23am
Quoting roreki
lol , thnx first for your worry about my money

this account i made it just for and only for RISK , it's not my real account it's just one risking with it , i shall take that 5500 $ to my pocket and try to risk again with the 2500 $ , that's my game .. my real account am trading with it only 3 % ,,
Hmm.. money is money but once your confortable with your risk good for you. thats not small amount so well done.
  • #143,034
  • Jul 6, 2009 8:24am Jul 6, 2009 8:24am
Entry @ 1.6158
TP: 1.6040 zone (From daily & 21EMA on Daily) / 1.5980 zone (secondary)
Sl: 1.6315

I will post a video reviewing this trade when its over.

Please support my youtube channel by rating / commenting on the the video's:

Cheers WG
  • #143,035
  • Jul 6, 2009 8:27am Jul 6, 2009 8:27am
hey, how mch $$ u hav in ur real account then?
  • #143,036
  • Jul 6, 2009 8:29am Jul 6, 2009 8:29am
Good Morning All! Good trading to all who caught the 1.6320 short! Nice drop may be buying time up to 1.6270-1.6300 or so.
Hero Traders Live to see their Accounts Die!
  • #143,037
  • Jul 6, 2009 8:35am Jul 6, 2009 8:35am
Quoting paulw6182
Hmm.. money is money but once your confortable with your risk good for you. thats not small amount so well done.
thnx man , and wish u better profits
  • #143,038
  • Jul 6, 2009 8:35am Jul 6, 2009 8:35am
Quoting welshguy2000
Entry @ 1.6158
TP: 1.6040 zone (From daily & 21EMA on Daily) / 1.5980 zone (secondary)
Sl: 1.6315

I will post a video reviewing this trade when its over.

Please support my youtube channel by rating / commenting on the the video's:

Cheers WG
Man your confidence makes me happy.. im waiting for it to dive. if whatever u say happens, i will rate u 5/5 cool?
  • #143,039
  • Jul 6, 2009 8:43am Jul 6, 2009 8:43am
Quoting paulw6182
in the days back most people would tear your head off for risking more then .0001 per trade uuh uuh thats risky now days everybody want to get rich real fast and dont notice these things so any way i should b asking ar you insane would you have posted if you lost it ?
I would say thats a big 10/4 in the no department. If my years of trading have taught me anything its that people like to show there winners, seldom share there losses. The bigger the win, the bigger the grin. You dont hear about the bigger losses, it just doesnt feed the same way.

$8000 from $2500, you might want to call Larry Williams, his record might be in jeopardy

Razor
  • #143,040
  • Jul 6, 2009 8:43am Jul 6, 2009 8:43am
GU on the way for retracement?I will think of short if she going to 1.6250 area...any comment...
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