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Cable Update (GBPUSD)

  • #149,861
  • Jul 23, 2009 5:52am Jul 23, 2009 5:52am
Quoting Pyramus
Yah la! waiting for the bounce before I decide to short again.
aiya how many times you want the bounce? hehe
one time short big lol
Thank You
  • #149,862
  • Jul 23, 2009 5:52am Jul 23, 2009 5:52am
I wouldn't mind seeing a higher high on the 4hour before sticking a short on.

If it fails to produce one we might have quite a good squeeze or breakout.

Only just getting on so I'm going to have to set up my charts.

Good reading your stuff 2be. How you doing buddy?
  • #149,863
  • Jul 23, 2009 5:52am Jul 23, 2009 5:52am
Quoting grashid
tu la pasal..macam budak kecik ja dia tu...aku dah amik kat 156.01 td...n aku nak p main boling jap...harap2...le lock 100pip mlm ni..nnt aku buzz hg mlm ni kalu sempat na...
roger that
Thank You
  • #149,864
  • Jul 23, 2009 5:56am Jul 23, 2009 5:56am
Quoting wormboy
roger that
  • #149,865
  • Jul 23, 2009 5:58am Jul 23, 2009 5:58am
Quoting KillPhil08
I wouldn't mind seeing a higher high on the 4hour before sticking a short on.

If it fails to produce one we might have quite a good squeeze or breakout.

Only just getting on so I'm going to have to set up my charts.

Good reading your stuff 2be. How you doing buddy?
Its good that your very carefull with the trades buddy but you almost missed the ride
  • #149,866
  • Jul 23, 2009 6:00am Jul 23, 2009 6:00am
stop trading tick charts guys, i used to be on this forum 3 years ago when i started trading and i cant remember anyones name now, looks like every1 that was trading back then went broke .

stick to your 4 hr charts and 1hr at the MINIMUM
  • #149,867
  • Jul 23, 2009 6:02am Jul 23, 2009 6:02am
EU finally hit my target. WOW, only 4 hours for that 25 pips...LOL
Ghost Rider - WWTBMD?
  • #149,868
  • Jul 23, 2009 6:02am Jul 23, 2009 6:02am
terkezut....rupanya ramai orang malaysia kat sini. aku orang baru. masih bertatih lagi. nasib aku pun serupa dengan chris tu gak. freedom that gone cakap omputih. kalau ada baik punya...syer-syer la...tq
  • #149,869
  • Jul 23, 2009 6:02am Jul 23, 2009 6:02am
Quoting UncleSam123
Its good that your very carefull with the trades buddy but you almost missed the ride
Yes, I'm trying to trade like a surfer. Wait all night for the perfect wave then get on it before it breaks. (Sniper analogy for the "perfect shot" will also suffice ).

Looks like it bounced off the old resistance from 1st of june and monday. Good trading guys.
  • #149,870
  • Jul 23, 2009 6:03am Jul 23, 2009 6:03am
Quoting eshrira
stop trading tick charts guys, i used to be on this forum 3 years ago when i started trading and i cant remember anyones name now, looks like every1 that was trading back then went broke .

stick to your 4 hr charts and 1hr at the MINIMUM
Don't tell us how to trade?
  • #149,871
  • Jul 23, 2009 6:03am Jul 23, 2009 6:03am
Re-entered a long @ 1.6480 SL @ 1.6430 TP @ 1.6550
  • #149,872
  • Jul 23, 2009 6:04am Jul 23, 2009 6:04am
Quoting KillPhil08
Don't tell us how to trade?

I wont :-) its your money you losing
  • #149,873
  • Jul 23, 2009 6:06am Jul 23, 2009 6:06am
Quoting roreki
Re-entered a long @ 1.6480 SL @ 1.6430 TP @ 1.6550
watch the h4 buddy
Thank You
  • #149,874
  • Jul 23, 2009 6:08am Jul 23, 2009 6:08am
Quoting eshrira
I wont :-) its your money you losing
Love how you assume we're loosing.....

I don't trade ticks and never drop below the 1H but I'll take a 10 pip move on a 3 lot standard several times a day ANYTIME....
Ghost Rider - WWTBMD?
  • #149,875
  • Jul 23, 2009 6:08am Jul 23, 2009 6:08am
Quoting wormboy
watch the h4 buddy
moved my SL to the BE .. thnx buddy
  • #149,876
  • Jul 23, 2009 6:09am Jul 23, 2009 6:09am
Quoting roreki
Re-entered a long @ 1.6480 SL @ 1.6430 TP @ 1.6550
Don't run for the trend. As I realized you were opening and closing positiong as the trend changes its direction. Its very unsafe and I really wonder if you still got any money left in your account lol
  • #149,877
  • Jul 23, 2009 6:10am Jul 23, 2009 6:10am
Quoting wormboy
watch the h4 buddy
Still holding 6504 short at BE +2 but it's getting close to taking it out now...LOL
Ghost Rider - WWTBMD?
  • #149,878
  • Jul 23, 2009 6:11am Jul 23, 2009 6:11am
Quoting wormboy
watch the h4 buddy
wormboy how much retrace we expect and then where is the final move of down?
  • #149,879
  • Jul 23, 2009 6:11am Jul 23, 2009 6:11am
maybe it is good to sell to @6421,
what your opinon?
  • #149,880
  • Jul 23, 2009 6:12am Jul 23, 2009 6:12am
Quoting eshrira
I wont :-) its your money you losing
Let's not get into this argument but to say you'll lose your money on low timeframes is nonsense.

If you don't know when to hold for short or long that's the only problem.

Also, there is a lot of multimillionaire scalpers out there (I don't know them but my friend does).

Higher timeframes = direction.
Lower timeframes = entry.

So i agree in parts.

Anyways, back on topic.

The uptrend which was made from 8am(BST) yesterday might be tested from the underside if you want to enter shorts. That's if it breaches 16500.
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