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Cable Update (GBPUSD)

  • #164,321
  • Sep 9, 2009 4:45am Sep 9, 2009 4:45am
Quoting wormboy
hi, yup holding.

No tp. Just trail.
As long as 6600 level holds, targets are:

1. 6420
2. 6380
3. 6270
4. 6165
5. 5950

ultimately 5300 lol
do you think cable will make new high today before down to your trail?
  • #164,322
  • Sep 9, 2009 4:49am Sep 9, 2009 4:49am
Quoting onios32
thanks alot bro.. now its so clear after cloudy day..so trend still uncertain or ur goin for long after retracement yesterday..?
I am on a 1min (sometimes 5min max) trigger so my trades sometimes do not last very long...I look for band deviation/oscillator divergence or extremes repeating indicator patterns on the trigger t/f with a price action trigger and these set-ups can be with or against the 5min intermediate t/f and 30min trend t/f trend or otherwise market conditions on those t/f's, so I have no long term biais. I did indeed short off the 2 fibs circled but am flat now...

Tech picture is indeed unclear now 5min-1hr

G/L
ex member
  • #164,323
  • Sep 9, 2009 4:52am Sep 9, 2009 4:52am
Heh, interbank must love me. I did 4 trades today and just +20 pips...it means they got 16 pips in spread
-- There's no winner without lose --
  • #164,324
  • Sep 9, 2009 4:54am Sep 9, 2009 4:54am
Quoting JamesCZ
Heh, interbank must love me. I did 4 trades today and just +20 pips...it means they got 16 pips in spread
whats yur risk per trade...?
  • #164,325
  • Sep 9, 2009 4:55am Sep 9, 2009 4:55am
Quoting Bull_Bear
Wormie this morning's post.... yes long cable and dragon
Okay.

Here's my reason for holding cable & dragon short:
1. http://www.forexfactory.com/showpost...postcount=2853
2. http://www.forexfactory.com/showpost...postcount=2857
Thank You
  • #164,326
  • Sep 9, 2009 4:56am Sep 9, 2009 4:56am
Quoting forexter
do you think cable will make new high today before down to your trail?
No idea my friend
Thank You
  • #164,327
  • Sep 9, 2009 4:58am Sep 9, 2009 4:58am
Quoting bbmac
I am on a 1min (sometimes 5min max) trigger so my trades sometimes do not last very long...I look for band deviation/oscillator divergence or extremes repeating indicator patterns on the trigger t/f with a price action trigger and these set-ups can be with or against the 5min intermediate t/f and 30min trend t/f trend or otherwise market conditions on those t/f's, so I have no long term biais. I did indeed short off the 2 fibs circled but am flat now...

Tech picture is indeed unclear now 5min-1hr

G/L
indeed ur scalper i guess base on ur explanation..hmm thanks for the enlightment bro,,, good luck with our fair lady..
Play it HarD*
  • #164,328
  • Sep 9, 2009 5:00am Sep 9, 2009 5:00am
Quoting nAVIN2007
whats yur risk per trade...?
I'm trading with 1 mini lot. And my acc has $320 atm. So it means I'm risking 17% per trade? I'm not using SL's, goi away when I feel it's not doing well. But most time I close my position before it does many pips my side...so I have to learn patience, that's my biggest problem.
-- There's no winner without lose --
  • #164,329
  • Sep 9, 2009 5:00am Sep 9, 2009 5:00am
Still holding my short 6550 from yesterday.
London bright is falling down...falling down
GELORE
  • #164,330
  • Sep 9, 2009 5:01am Sep 9, 2009 5:01am
Quoting wormboy
No idea my friend
if not today tomorrow....if it breaks the top it will explode north....the mofo is building...
Attached Image (click to enlarge)
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  • #164,331
  • Sep 9, 2009 5:02am Sep 9, 2009 5:02am
Quoting wormboy
No idea my friend
Wave your magic wond or pull out your crystal ball.... lol
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #164,332
  • Sep 9, 2009 5:04am Sep 9, 2009 5:04am
Quoting nAVIN2007
if not today tomorrow....if it breaks the top it will explode north....the mofo is building...
Bring on, the hard on! ....lol
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #164,333
  • Sep 9, 2009 5:05am Sep 9, 2009 5:05am
Quoting JamesCZ
I'm trading with 1 mini lot. And my acc has $320 atm. So it means I'm risking 17% per trade? I'm not using SL's, goi away when I feel it's not doing well. But most time I close my position before it does many pips my side...so I have to learn patience, that's my biggest problem.

damn ...thats a lot of risk..i hope u know what yur doing , no SL in this market is deadly..but u have been trading in consolidation so that suits u as price will ping pong

good stradegy if u mean it!
  • #164,334
  • Sep 9, 2009 5:05am Sep 9, 2009 5:05am
Quoting JamesCZ
I'm trading with 1 mini lot. And my acc has $320 atm. So it means I'm risking 17% per trade? I'm not using SL's, goi away when I feel it's not doing well. But most time I close my position before it does many pips my side...so I have to learn patience, that's my biggest problem.
you are undercapitalized & abusing your leverage. Your days are numbered, unless you exercise proper risk management.
Thank You
  • #164,335
  • Sep 9, 2009 5:06am Sep 9, 2009 5:06am
Quoting Bull_Bear
Bring on, the hard on! ....lol
u know it bro.... bring it!!!!!!
  • #164,336
  • Sep 9, 2009 5:07am Sep 9, 2009 5:07am
Quoting wormboy
you are undercapitalized & abusing your leverage. Your days are numbered, unless you exercise proper risk management.
i just didnt want to say that... it true thou...

his account can blow in 5 minutes
  • #164,337
  • Sep 9, 2009 5:09am Sep 9, 2009 5:09am
Quoting nAVIN2007
u know it bro.... bring it!!!!!!
Wormie is looking for the flop, us men we prefer the hard on, as it satisfies... lol

sorry bro, had to dig, wide open....
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #164,338
  • Sep 9, 2009 5:13am Sep 9, 2009 5:13am
Quoting Bull_Bear
Wormie is looking for the flop, us men we prefer the hard on, as it satisfies... lol

sorry bro, had to dig, wide open....

azim playing the big ass drop maybe last year he missed it and this year he is waiting...me things it was a one off! ....it happened cause i was live
  • #164,339
  • Sep 9, 2009 5:13am Sep 9, 2009 5:13am
Quoting musani
Still holding my short 6550 from yesterday.
London bright is falling down...falling down
nice hold musani
  • #164,340
  • Sep 9, 2009 5:15am Sep 9, 2009 5:15am
Ummmm...could somebody put the plug back in? This puppy doesn't seem to be running anymore.....
Ghost Rider - WWTBMD?
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