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Cable Update (GBPUSD)

  • #146,021
  • Jul 14, 2009 8:05am Jul 14, 2009 8:05am
Waiting for Malcomb with regard to VSA
Great Bodies are Engineered not Born
  • #146,022
  • Jul 14, 2009 8:05am Jul 14, 2009 8:05am
Quoting wormboy
Looking bearish.
more like a headless chicken
  • #146,023
  • Jul 14, 2009 8:07am Jul 14, 2009 8:07am
Quoting Aman
Please advise what to do from here. I am a new trader and hope to get some help. Thanks in advance.
1. Next time do not react to news spike

2. Money mngt - access your risk & place your stop

I'm holding long, however my trade plan is diff from yours.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #146,024
  • Jul 14, 2009 8:07am Jul 14, 2009 8:07am
Nice Long opportunity here! 1.6276 area. Market not closing below yesterday's high and double bottomed here at a 61.8% retrace. Lets see...1.6380, 1.6435...
Hero Traders Live to see their Accounts Die!
  • #146,025
  • Jul 14, 2009 8:07am Jul 14, 2009 8:07am
How the heck do you guys trade H1 charts or above, I'm looking at my M1 charts and 40pip swings and thinking I've not got enough information to play them.

Other than Blind faith in my system even then.


I want S20 charts, where and how much anyone ??
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #146,026
  • Jul 14, 2009 8:09am Jul 14, 2009 8:09am
Quoting Bull_Bear
1. Next time do not react to news spike

2. Money mngt - access your risk & place your stop

I'm holding long, however my trade plan is diff from yours.

Can you share your Trade plan with us?
  • #146,027
  • Jul 14, 2009 8:11am Jul 14, 2009 8:11am
Quoting wormboy
My h1 closed forming a dark cloud cover bro. Looking bearish. But I'll wait and see how the h4 closes.
Be back in a bit, my dragon's crashing .. not good!

Good luck!
Keep holding long bro.....

Nurse your Dragon mate...
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #146,028
  • Jul 14, 2009 8:13am Jul 14, 2009 8:13am
Quoting Turveyd
How the heck do you guys trade H1 charts or above, I'm looking at my M1 charts and 40pip swings and thinking I've not got enough information to play them.

Other than Blind faith in my system even then.


I want S20 charts, where and how much anyone ??

LOL...and I think just the opposite. In this current environment, how the heck could you play anything LESS than a 1H chart.....LOL

All these swings on a 1H are crazy enough. On a 1M...they'd drive me absolutely bonkers...LOL
Ghost Rider - WWTBMD?
  • #146,029
  • Jul 14, 2009 8:16am Jul 14, 2009 8:16am
Quoting albchr
LOL...and I think just the opposite. In this current environment, how the heck could play anything LESS than a 1H chart.....LOL

All these swings on a 1H are crazy enough. On a 1M...they'd drive me absolutely bonkers...LOL

But I'm trading the swings, thats why I need as much detail as possible.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #146,030
  • Jul 14, 2009 8:17am Jul 14, 2009 8:17am
Quoting anuarmu
Can you share your Trade plan with us?
I entered long @ 1.6090, SL adjusted to 1.6140 now, TP 1.6450

Access your own risk to what your comfortable.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #146,031
  • Jul 14, 2009 8:20am Jul 14, 2009 8:20am
Quoting wormboy
It's not wise bro. Sorry
A few pips bro with USD10@Lot. hehe
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #146,032
  • Jul 14, 2009 8:21am Jul 14, 2009 8:21am
Quoting Bull_Bear
I entered long @ 1.6090, SL adjusted to 1.6140 now, TP 1.6450

Access your own risk to what your comfortable.

Oh sure....keep rubbing it in..........

That 6320 still holding though......
Ghost Rider - WWTBMD?
  • #146,033
  • Jul 14, 2009 8:24am Jul 14, 2009 8:24am
Quoting albchr
Oh sure....keep rubbing it in..........
You were there when I made the call my friend, but you missed the boat brother
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #146,034
  • Jul 14, 2009 8:25am Jul 14, 2009 8:25am
Quoting albchr
Oh sure....keep rubbing it in..........

That 6320 still holding though......
Agreed! 6 hrs attempted!!
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #146,035
  • Jul 14, 2009 8:28am Jul 14, 2009 8:28am
Quoting Bull_Bear
You were there when I made the call my friend, but you missed the boat brother

Yep, I must have been bailing the water out of one my short boats at the time and had my back turned to ya......

It's all good, the next winner is just around the corner. Always is.....
Ghost Rider - WWTBMD?
  • #146,036
  • Jul 14, 2009 8:29am Jul 14, 2009 8:29am
Sure wouldn't want to be long from here. Eek.
There's always money in the banana stand.
  • #146,037
  • Jul 14, 2009 8:32am Jul 14, 2009 8:32am
Quoting albchr
Yep, I must have been bailing the water out of one my short boats at the time and had my back turned to ya......

It's all good, the next winner is just around the corner. Always is.....
Thats the attitude my friend
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #146,038
  • Jul 14, 2009 8:34am Jul 14, 2009 8:34am
ODL Server LAGGED, fuck*** broker
  • #146,039
  • Jul 14, 2009 8:38am Jul 14, 2009 8:38am
Quoting Bull_Bear
Thats the attitude my friend
It's funny BB. 7 or 8 hours ago my plan was to short this around the 6320 area. I've gone back and forth in my mind probably 5 or 6 times about that and now I'm full circle and thinking it again...LOL

It's been hammering that line all day and not able to close above it save a pip or two.
Ghost Rider - WWTBMD?
  • #146,040
  • Jul 14, 2009 8:40am Jul 14, 2009 8:40am
Quoting Bull_Bear
I entered long @ 1.6090, SL adjusted to 1.6140 now, TP 1.6450

Access your own risk to what your comfortable.
Thank bro..
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