I took the other side long 1.6362 sl 1.6345 TP 1.6605. small risk
Cable Update (GBPUSD)
- #149,303
- Jul 22, 2009 8:45am Jul 22, 2009 8:45am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
There are tons of resistance at 1.6450 area .. that's why it has traded back down. Daily is still bearish, most likely it would trade down again but could be slow or just ranging until London close .. maybe ..
Took a 2 lot at 6379, closed 1 at +15, other taken out BE+1...LOL
Slowly chipping away at it....
News time now...must wait.....
Ghost Rider - WWTBMD?
- #149,304
- Jul 22, 2009 8:51am Jul 22, 2009 8:51am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
Hi Albchr,
It was a 50/50 thing between Long & Short, so went Short @ 6388.
What do u think should be my probble SL and TP in case it tanks. I need to leave the PC for while.
Sorry..was busy trading. If you have to leave get yourself to at least BE and let it run.
Your SL can only be determined by you by your risk requirements. I have no idea what your lot size is, account size is or risk appetite is. But getting to BE means you can't loose.
Remember, in Forex, BE goes in the WIN column!...
Ghost Rider - WWTBMD?
- #149,305
- Jul 22, 2009 8:51am Jul 22, 2009 8:51am
- Joined Aug 2008 | Status: Trader | 3,976 Posts
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
- #149,306
- Jul 22, 2009 9:00am Jul 22, 2009 9:00am
Sorry..was busy trading. If you have to leave get yourself to at least BE and let it run.
Your SL can only be determined by you by your risk requirements. I have no idea what your lot size is, account size is or risk appetite is. But getting to BE means you can't loose.
Remember, in Forex, BE goes in the WIN column!...
+20 pips. Have another problem tho. I seem to always give back what I earn lmost immediately e.g went in short again and saw it going back to 639x. Why do i have itchy fingers?
In all your ways acknowledge Him and He will direct your path.
- #149,307
- Jul 22, 2009 9:04am Jul 22, 2009 9:04am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
Was a good trade. my Trde management EA closed the position @
+20 pips. Have another tho. I seem to always give back what I earn lmost immediately e.g went in short again and saw it going back to 638x. Why do i have itchy fingers?
Ghost Rider - WWTBMD?
- #149,308
- Jul 22, 2009 9:06am Jul 22, 2009 9:06am
- | Additional Username | Joined Sep 2009 | 8,623 Posts
- #149,309
- Jul 22, 2009 9:07am Jul 22, 2009 9:07am
- | Additional Username | Joined Sep 2009 | 8,623 Posts
- #149,310
- Jul 22, 2009 9:17am Jul 22, 2009 9:17am
- | Commercial User | Joined Mar 2009 | 2,480 Posts
I have closed all Shorts and taken some nice profit.
Dont like this PA ATM. Will take the rest of the week off and see how she behaves next week.
See you and happy trades bro's
Dont like this PA ATM. Will take the rest of the week off and see how she behaves next week.
See you and happy trades bro's
- #149,313
- Jul 22, 2009 9:24am Jul 22, 2009 9:24am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
Dont like this PA ATM.
Agreed D-T. PA is nuts right now and I need a break. Be back for London though.
Good trading all and bank those green ones...
Ghost Rider - WWTBMD?
- #149,315
- Jul 22, 2009 9:27am Jul 22, 2009 9:27am
- | Commercial User | Joined Oct 2008 | 5,712 Posts
anythings special..mm...1.6430 delicious...and now we are ready to tank ?....here u go...1.6410/20 come on..i'll cacth you on that area...
....here u go...1.6410/20 come on..i'll cacth you on that area...
- #149,316
- Jul 22, 2009 9:35am Jul 22, 2009 9:35am
- | Additional Username | Joined Sep 2009 | 8,623 Posts
- #149,317
- Jul 22, 2009 9:38am Jul 22, 2009 9:38am
- | Additional Username | Joined Sep 2009 | 8,623 Posts
- #149,318
- Jul 22, 2009 9:41am Jul 22, 2009 9:41am
- | Additional Username | Joined Sep 2009 | 8,623 Posts
- #149,319
- Jul 22, 2009 9:43am Jul 22, 2009 9:43am
- Joined Jul 2009 | Status: Trader | 4,859 Posts
Disclaimer: Check your 1m charts 
- #149,320
- Jul 22, 2009 9:43am Jul 22, 2009 9:43am
- Joined Jul 2009 | Status: Left Leg In, Right Leg Out! | 5,792 Posts
GU Long taken with 1.6428 target
A pip is only worth it if you know how much you risked to earn it