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Cable Update (GBPUSD)

  • #150,121
  • Jul 23, 2009 9:45am Jul 23, 2009 9:45am
Quoting Turveyd
This isn't Sideways,
Are you kidding me...LOL To me, that range between 6200 and 6600 for 4 weeks last month was sideways....LOL
Ghost Rider - WWTBMD?
  • #150,122
  • Jul 23, 2009 9:51am Jul 23, 2009 9:51am
Quoting roreki
shorted from 537 and that's my last trade for this strange day , hopt it will go downnnnnnnnnnnnnnnnnn
Gold and crude are slowly turning down, cable negative, wander if I shall take 30 pips profit, this day has been somehow challenging, I have put SL at 6520 and shal trail it
Make sure losses are small and profits are bigger!
  • #150,123
  • Jul 23, 2009 9:51am Jul 23, 2009 9:51am
Quoting 2be
Gone short @ 6540 SL 6562
Totally contrarian, with a hard SL in place PT 6470
good call buddy i missed it but i am short in EU from 4262 ...but i think there is still selling oppurtunity in GJ but waiting for Wormy to confirm it

Ub
  • #150,124
  • Jul 23, 2009 9:51am Jul 23, 2009 9:51am
Quoting wormboy
dow is still at resistance.
Not only it at resistance , but as i remember this number was the top of the last rise , we ended in the 64xx figure few week later. And If you read for example Yahoo finance , you will see that only home sales boosted , all companies felts by 8%+
  • #150,125
  • Jul 23, 2009 9:53am Jul 23, 2009 9:53am
Quoting roreki
shorted from 537 and that's my last trade for this strange day , hopt it will go downnnnnnnnnnnnnnnnnn
closed @ 505

that's a day for me .. thanks for all the help u made it here today guyz

wish u luck really
  • #150,126
  • Jul 23, 2009 9:56am Jul 23, 2009 9:56am
next week to be like this also..come 1.6480...seem 23.6% back ..damm GU...close -10pips..boring....
  • #150,127
  • Jul 23, 2009 9:56am Jul 23, 2009 9:56am
Quoting roreki
closed @ 505

that's a day for me .. thanks for all the help u made it here today guyz

wish u luck really
That is great, my SL has been triggerred, so 20 pips only
Make sure losses are small and profits are bigger!
  • #150,128
  • Jul 23, 2009 9:56am Jul 23, 2009 9:56am
Quoting 2be
Gold and crude are slowly turning down, cable negative, wander if I shall take 30 pips profit, this day has been somehow challenging, I have put SL at 6520 and shal trail it
man .. 30 pips a day consistently can fund your life as well as your seven future generations
I would be content
  • #150,129
  • Jul 23, 2009 9:56am Jul 23, 2009 9:56am
Quoting 2be
Gold and crude are slowly turning down, cable negative, wander if I shall take 30 pips profit, this day has been somehow challenging, I have put SL at 6520 and shal trail it
hope u cashed them buddy

wish u luck really and that's a really starnge day
  • #150,130
  • Jul 23, 2009 10:02am Jul 23, 2009 10:02am
and now , does anyone know where is thing going ?
  • #150,131
  • Jul 23, 2009 10:03am Jul 23, 2009 10:03am
Quoting mktjong
man .. 30 pips a day consistently can fund your life as well as your seven future generations
I would be content
You are right, this is my minimum daily, not too difficult to achieve, but with larger moves much, much more is usually achieved. Today I had several reasonable scalps, but not one of them surpassed 100 pips.
Shall establish short on pulback again though.
Make sure losses are small and profits are bigger!
  • #150,132
  • Jul 23, 2009 10:05am Jul 23, 2009 10:05am
We have a Shooting star in Yen pairs in 1h Timeframes. I think it time for the yen to ride the market.
  • #150,133
  • Jul 23, 2009 10:06am Jul 23, 2009 10:06am
I'm Short, near resistence SHORT @ 1.6532 SL : 1.6541
  • #150,134
  • Jul 23, 2009 10:09am Jul 23, 2009 10:09am
Quoting Andre88
I'm Short, near resistence SHORT @ 1.6532 SL : 1.6541
Good one buddy , wt's ur TP anyway
  • #150,135
  • Jul 23, 2009 10:10am Jul 23, 2009 10:10am
OK, here's a newbie question for you scalpers. When you scalp, do you use your normal position size or cut down on it?

I can see where if I was good at it, I could have made a decent amount over the last 10 or so hours.
Ghost Rider - WWTBMD?
  • #150,136
  • Jul 23, 2009 10:10am Jul 23, 2009 10:10am
Quoting Turveyd
This isn't Sideways, some nice action today, last week was sideways, it's just on a H1 the actions over already by the time it closes.

Trading M1 and my system you'd have a +50 +30 this afternoon alone.

If you look at EJ hmmmmmmmm EJ 100pip move there, ohhhh baby.


Anyways Client, then 1 tommorow then I'm Free to trade full time

So what is your system anywhey,care to explain .
thnx
  • #150,137
  • Jul 23, 2009 10:11am Jul 23, 2009 10:11am
Quoting Terminale
We have a Shooting star in Yen pairs in 1h Timeframes. I think it time for the yen to ride the market.
They are pretty rubbish candles. They didn't even form near anything.
  • #150,138
  • Jul 23, 2009 10:15am Jul 23, 2009 10:15am
Quoting KillPhil08
They are pretty rubbish candles. They didn't even form near anything.
see
  • #150,139
  • Jul 23, 2009 10:17am Jul 23, 2009 10:17am
Quoting albchr
OK, here's a newbie question for you scalpers. When you scalp, do you use your normal position size or cut down on it?

I can see where if I was good at it, I could have made a decent amount over the last 10 or so hours.
I am long, reversed sentiment, as the 1.6556 has been taken, I scalp with reasonable amount to make it worthwhile, but not as much as a position trade with multiple entires
Make sure losses are small and profits are bigger!
  • #150,140
  • Jul 23, 2009 10:18am Jul 23, 2009 10:18am
Can we believe this uptrend when it break the highest resistace for today?
Pride of opinion is a characteristic of losing traders
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