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Cable Update (GBPUSD)

  • #161,101
  • Aug 26, 2009 6:45pm Aug 26, 2009 6:45pm
you could be right. you have me in doubt now. I may as well go long.

Quoting Pyramus
Hi BB I'm doing the opposite longs from 1.6230 SL 1.6150 TP 1.6330 will short once we reach there.
Its all in the mind.
  • #161,102
  • Aug 26, 2009 7:11pm Aug 26, 2009 7:11pm
Not much action closed long with small loss will better wait till London session.
  • #161,103
  • Aug 26, 2009 8:50pm Aug 26, 2009 8:50pm
Quoting DubaiFX
just bought
looking for 16475
if reached i will sell from there..this is ashort trade but long term i am bearish in gbp/usd
1.60000 coming

just ssaying what i am doing ..;
h
good luck pro's..
i am still a student..
as i sadi i am breaish and i am still..
1.60xx is my target we may se it this week or next week maximim ..
Don't compare your Trades with Others
  • #161,104
  • Aug 26, 2009 10:21pm Aug 26, 2009 10:21pm
Quoting grashid
1.5700-1.5250-1.4850

This week = bye2 1.66
Next Week = Bye2 1.65
Next other week = Bye2 1.64

End September = Bye2 1.60 ....

I like Wormy video clip...Brazialiannnnnnnnnn
  • #161,105
  • Aug 26, 2009 10:34pm Aug 26, 2009 10:34pm
IMHO says short is still prevailed ! Currently let us see how strong DP Today (1.6245) acts as a resistant !
Attached Image (click to enlarge)
Click to Enlarge Name: 270809.gif Size: 70 KB
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #161,106
  • Aug 26, 2009 10:37pm Aug 26, 2009 10:37pm
It seems like bulls not going to fight back going to wait further till London session.
  • #161,107
  • Aug 26, 2009 10:55pm Aug 26, 2009 10:55pm
[quote=vlady1974;2996014]Hey Neptune,

I started off my spreadbet account with £200. After I turned it to £375, trying to learn this stuff... I then just proceeded to sabotage myself... it's now £45 and I'm back to trading a small FX account where I've got $15 placing .01 lots. I've been trying to analyse what made me get from £200 to £375 compared to my losing streak.... it wasn't all down hill.... for example, I got to £135 once and got it back up to £350.


My story is similar. Started with 75 dollars. managed to add 25 dollars in three days but today its 60 dollars

My mistake was that I was holding position against the trend. It was long @ 1.6440...so suffered a huge loss when I stopped it...

Anyway no regrets coz I think these mistakes are helping me to evolve as better trader. Good luck to all of you.
Forex success = Patience + Leverage
  • #161,108
  • Aug 26, 2009 11:05pm Aug 26, 2009 11:05pm
@ashukla1980

Becarefull with MM ! More bigger more quickly got big profits and offcourse more quickly got big loss. On clearly strong trend ---> Use big MM ( I use 7% - 10%), on doubtfull trend ---> Use small MM ( I use 2%-3%) !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #161,109
  • Aug 26, 2009 11:14pm Aug 26, 2009 11:14pm
Quoting manize
@ashukla1980

Becarefull with MM ! More bigger more quickly got big profits and offcourse more quickly got big loss. On clearly strong trend ---> Use big MM ( I use 7% - 10%), on doubtfull trend ---> Use small MM ( I use 2%-3%) !
Thanks Manize..its a good suggestion...i may follow it in my coming trends.
Forex success = Patience + Leverage
  • #161,110
  • Aug 26, 2009 11:24pm Aug 26, 2009 11:24pm
Quoting DubaiFX
as i sadi i am breaish and i am still..
1.60xx is my target we may se it this week or next week maximim ..
hello you there bro?.
  • #161,111
  • Aug 26, 2009 11:31pm Aug 26, 2009 11:31pm
Quoting manize
@ashukla1980

Becarefull with MM ! More bigger more quickly got big profits and offcourse more quickly got big loss. On clearly strong trend ---> Use big MM ( I use 7% - 10%), on doubtfull trend ---> Use small MM ( I use 2%-3%) !

i always set my MM - 3% on my trade, and if i loss more than 9%, i stop trading for a month...2nd i always write down 3 reasons that why i entry a trade, so if i lost i can review where are my mistake.

Cheers!
  • #161,112
  • Aug 26, 2009 11:35pm Aug 26, 2009 11:35pm
still no signal from GBP .....
  • #161,113
  • Aug 26, 2009 11:37pm Aug 26, 2009 11:37pm
cable weekly chart very bearish.i have highlighted possible targets areas.

trade safe
Attached Image (click to enlarge)
Click to Enlarge Name: cableweek0827.gif Size: 18 KB
  • #161,114
  • Aug 26, 2009 11:37pm Aug 26, 2009 11:37pm
hi, is that the market now turn into bearish due to the september effect and now should long or short for 2 weeks?
thanks for help.
  • #161,115
  • Aug 27, 2009 12:07am Aug 27, 2009 12:07am
good morning. let's make lot's of pip's
  • #161,116
  • Aug 27, 2009 12:34am Aug 27, 2009 12:34am
asian markets red.. oil bounced off 70.. now 71
  • #161,117
  • Aug 27, 2009 12:48am Aug 27, 2009 12:48am
Im thinking the news here in 15 minutes or so and the news a little later could make things a bit dicey.
It's amazing how lucky you are when you make good decisions.
  • #161,118
  • Aug 27, 2009 12:50am Aug 27, 2009 12:50am
Morning all,

Had a bad week so far, one win versus two losses yesterday and Tuesday...any thoughts on the likely move today, my indicators are suggesting south...but not sure how far, finding nice support at 6.209 at the moment, but will not enter till after the news out at 7 local time...I only look to make between 20 and 30 pips in my trade, and only really do one a day, looking for a slow and steady approach...
  • #161,119
  • Aug 27, 2009 1:04am Aug 27, 2009 1:04am
i am waiting to [email protected] but it is still moving sideways after the positive economic news
seems it is really weak......
  • #161,120
  • Aug 27, 2009 1:07am Aug 27, 2009 1:07am
Quoting pso
i am waiting to [email protected] but it is still moving sideways after the positive economic news
seems it is really weak......
The bus is leaving now
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