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Cable Update (GBPUSD)

  • #151,381
  • Jul 27, 2009 8:51am Jul 27, 2009 8:51am
What is up?
What happened to... "Senior" my man?-!
Wear it well my man. Trying to keep that humility
there i bet.
Looks like you're doing all good on the
encouragement level to all in here.
Hope all is well over in your neck of 'woods.
Is the home still "new"?

10 min's to news... i'll rap @you. Long GJ Let's see
if new home sales push dow and uj and gj and such.
-We'll see.
I will work to Objectively Identify my Edges
  • #151,382
  • Jul 27, 2009 8:51am Jul 27, 2009 8:51am
Quoting ubaidahsan
oops i just closed my Short from i took from high what is your TP?

Ub
TP.....1.4340
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #151,383
  • Jul 27, 2009 8:52am Jul 27, 2009 8:52am
Quoting Bull_Bear
Thats right bro.... long all the way. I just bought the EUR too @ 1.4250
..scalping or what...i should rather wait ~ 1.64 area and see what happen..just my poor view ..M15 is not convince me for long atm...
  • #151,384
  • Jul 27, 2009 8:54am Jul 27, 2009 8:54am
Quoting mktjong
Fine bro ..am waiting to press the button too
Hope you're doing fine too. Thanks ..
..ya just waiting for her...mm..what say we push together and see how GU going down ..just joking
  • #151,385
  • Jul 27, 2009 8:56am Jul 27, 2009 8:56am
Quoting TerpFan2
What is up?
What happened to... "Senior" my man?-!
Wear it well my man. Trying to keep that humility
there i bet.
Looks like you're doing all good on the
encouragement level to all in here.
Hope all is well over in your neck of 'woods.
Is the home still "new"?

10 min's to news... i'll rap @you. Long GJ Let's see
if new home sales push dow and uj and gj and such.
-We'll see.
im good bro!.. i have no idea what happened to the "senior bit" hows yur trading going buddy..hope u are flying with the pips
  • #151,386
  • Jul 27, 2009 8:56am Jul 27, 2009 8:56am
Quoting grashid
..scalping or what...i should rather wait ~ 1.64 area and see what happen..just my poor view ..M15 is not convince me for long atm...
Neither does the h4 or the daily.
Good luck g. aku pi berak dulu
Thank You
  • #151,387
  • Jul 27, 2009 8:59am Jul 27, 2009 8:59am
Quoting direct-trade
Here is a very good pdf: "Mental Fitness for traders" by Norman Hallett, at the bottom of the post.



This type of slow wandering market kills accounts. Trend following systems fail, range systems begin to work,,,until we enter a trend again...you get the picture.

I trade for a living, not for anyone else, but for myself and family. I am no expert and do not even know all of the correct terminology etc. BUT, I can read price action and understand market physcology. This took a few blown accounts when I first started to understand fully....
On FF there are some very good threads like James16, Phillip Nel, Bobokus Fibo, cornflower, DIBS and few others. There is so much one can learn from these threads and time spent studying them shall produce benifits.
Apart that the summer range demands different approach to trending markets, I find it difficult to post my trades with adequate explanation so that newbs can learn faster. I find that a lot of profitable traders do not wish to post that much, one reason being, they and I do not wish to be misunderstood, nor to put other trades in risk they might not be aware of.
For example I use Delta on daily/Wk TF, but I also use H4 and H1 with other filters. For scalping I use M5 to M15 to M30 to H1 gearring, but this is a different type of trading strat to the position trading using Delta.
As today PA is concerned I shall not short b4 the momentun has turned to the downside on H4.
Good pips to everyone,
2be
Make sure losses are small and profits are bigger!
  • #151,388
  • Jul 27, 2009 8:59am Jul 27, 2009 8:59am
Quoting grashid
..scalping or what...i should rather wait ~ 1.64 area and see what happen..just my poor view ..M15 is not convince me for long atm...
1.4250 is good resistance plus my signal is in buy, plus 200MA support. I have more than one reason to buy and willing to risk the news. This is the EUR trade...

Cable trade still holding long from 1.6475
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #151,389
  • Jul 27, 2009 8:59am Jul 27, 2009 8:59am
Quoting wormboy
Neither does the h4 or the daily.
Good luck g. aku pi berak dulu
wei siut ko...pegi la memerut...busuk punya olang......
  • #151,390
  • Jul 27, 2009 8:59am Jul 27, 2009 8:59am
mann .. I have UCAD short at 1.1624 ... but it's in demo acct ..
  • #151,391
  • Jul 27, 2009 9:00am Jul 27, 2009 9:00am
Quoting wormboy
Neither does the h4 or the daily.
Good luck g. aku pi berak dulu
Wormie where u hang'n today? I see you favour the short side bro.....
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #151,392
  • Jul 27, 2009 9:02am Jul 27, 2009 9:02am
Quoting Bull_Bear
1.4250 is good resistance plus my signal is in buy, plus 200MA support. I have more than one reason to buy and willing to risk the news. This is the EUR trade...

Cable trade still holding long from 1.6475
good luck..
  • #151,393
  • Jul 27, 2009 9:03am Jul 27, 2009 9:03am
this break to the upside could be huge.. or the other way..LOL
Attached Image (click to enlarge)
Click to Enlarge Name: trade3.gif Size: 23 KB
  • #151,394
  • Jul 27, 2009 9:03am Jul 27, 2009 9:03am
Quoting mktjong
Dude, your "kuntilanak" avatar looks weird, it surely won't give u any help as 'jimat' (If it's intended to be used)
yes she giving me $$$$

---------------

pattern

.
  • #151,395
  • Jul 27, 2009 9:04am Jul 27, 2009 9:04am
still holding long since 1.6503
anyone still on the same train

t.p @ 1.6530
THE CREATOR AND OWNER OF S.N.M "Serve no Master" Trading Stystem
  • #151,396
  • Jul 27, 2009 9:04am Jul 27, 2009 9:04am
New home sales pushing dow boys...
Yee ha! Let's see how she does
w/UJ GJ, GU...
I will work to Objectively Identify my Edges
  • #151,397
  • Jul 27, 2009 9:04am Jul 27, 2009 9:04am
Quoting nAVIN2007
this break to the upside could be huge..
yeah... if only it would just break already lol

if it does there's a great chance of seeing 1.66 =)
  • #151,398
  • Jul 27, 2009 9:04am Jul 27, 2009 9:04am
Quoting nAVIN2007
this break to the upside could be huge..
but not today, now fall
news New Home Sales positive
ROBOT FOREX
  • #151,399
  • Jul 27, 2009 9:05am Jul 27, 2009 9:05am
Quoting negro wolf
still holding long since 1.6503
anyone still on the same train

t.p @ 1.6530
still holding short
ROBOT FOREX
  • #151,400
  • Jul 27, 2009 9:06am Jul 27, 2009 9:06am
Quoting negro wolf
still holding long since 1.6503
anyone still on the same train

t.p @ 1.6530
LONG GJ my man, though this i know is GU room.
Still holding... 17 pips away @my nearest target,
from Sunday night's open!
I will work to Objectively Identify my Edges
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