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Cable Update (GBPUSD)

  • #169,021
  • Sep 24, 2009 12:41pm Sep 24, 2009 12:41pm
Dam will this madness ever end!
We done 353 pips today. Some retracement plz......
  • #169,022
  • Sep 24, 2009 12:43pm Sep 24, 2009 12:43pm
Demo account size should be $300 in my opinion.

You need to be mentally prepared for $3-$5 gains. If you are use to seeing thousands, then when you go live, you will feel as if you are not making enough money, abandon MM and bust your account.

All of this is my opinion. Take it for what its worth...

Que

Quoting zameer
i was looking that u guys are talking about how long should a person trade on demo,
tau trader global macro wormi que navin and all others what should be the account size $************ ???
Que
  • #169,023
  • Sep 24, 2009 12:46pm Sep 24, 2009 12:46pm
Quoting Inzider
Dam will this madness ever end!
We done 353 pips today. Some retracement plz......
I am with you... it will come. how deep is your pocket?

Regards
  • #169,024
  • Sep 24, 2009 12:48pm Sep 24, 2009 12:48pm
I experienced that when having a demo switched from standard to mini.
Exactly that!

On another note, glad I didn't long before. Looking to set up more shorts. Thought the retracement would have been greater.

"fibre" just set new low!
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #169,025
  • Sep 24, 2009 12:48pm Sep 24, 2009 12:48pm
Quoting Inzider
Dam will this madness ever end!
We done 353 pips today. Some retracement plz......
No doubt,
I was in this thing "Stupidly" for an 11-12 O'clock "Retrace",
"Sure You're Right"...

This is despictable.
The Pound and me i feel are being "Waterboarded"!
If this thing "Pop's" 82-83 ish she better cross "00's",
and to the 1/4's.

Waterboarded, but alive,

Jeff
I will work to Objectively Identify my Edges
  • #169,026
  • Sep 24, 2009 12:49pm Sep 24, 2009 12:49pm
Quoting TauTrader
I am with you... it will come. how deep is your pocket?

Regards
35 pips SL from 55

I took a hit today, enough is enough... about this move and my lost.
Damit!

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

Going like this Asian session will crash it around 1.5980... this is really boring shit for me!
  • #169,027
  • Sep 24, 2009 12:51pm Sep 24, 2009 12:51pm
Quoting Inzider
Dam will this madness ever end!
We done 353 pips today. Some retracement plz......
brother dont count on it....we are in free fall..look to sell
  • #169,028
  • Sep 24, 2009 12:52pm Sep 24, 2009 12:52pm
Quoting Inzider
Dam will this madness ever end!
We done 353 pips today. Some retracement plz......
Hi Inzider..looks like a Runaway Market bro , courtesy BoE's Mr. King earlier today freaking out the whole sterling fx market ....
Hear the music before the song is over ...
  • #169,029
  • Sep 24, 2009 12:54pm Sep 24, 2009 12:54pm
Newbie poster here

Well I'm gutted I got out of my short just before lunch

16000 is sooo close now I would be very surprised if it does not touch it before any retrace.

But put SL very close if you want to risk a long.......
  • #169,030
  • Sep 24, 2009 12:56pm Sep 24, 2009 12:56pm
WOW!

Why not just look for small retracements then set up shorts? I suppose we could turn around here.

The trend is down, I have gotten stuck 2 many times trying to scalp against the trend, then WHAM, breakout!
(I think bbmac spoke about this yesterday.)

SPOT GOLD DOWN 15.70
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #169,031
  • Sep 24, 2009 1:02pm Sep 24, 2009 1:02pm
there was 2 possiblilty....GM and myself favoured a small body on dailly

the other is big down sided movement to give a bearish close on monthly to say more down is happening to now u have to ask your...what is the monthly range for cable and is it met.....


we are moving south folks....seeing is believing, matt do not try and find a bottom especailly when it looks like this....becarefull brother!
  • #169,032
  • Sep 24, 2009 1:03pm Sep 24, 2009 1:03pm
Geezzz...I leave for a few hours and look at what you people have done...

5980/50 next stops?
Ghost Rider - WWTBMD?
  • #169,033
  • Sep 24, 2009 1:05pm Sep 24, 2009 1:05pm
Good day to you all,

I will hang onto this farking cable till the cows go home. She does not scare me....

I am long since 1.6066. Yip, in drawdown at the moment...but my super duper one-of-a-kind holy gr indicator will save me...

Luda, meet chris.....

Warm regards
  • #169,034
  • Sep 24, 2009 1:07pm Sep 24, 2009 1:07pm
Well I'm out.

Trade still open, SL saved by 4 pips...
TP 1.6135..... sounds soooo far...
---------------------------

This been an expensive day.
Hope you guys have done better then me....

Take care all!
  • #169,035
  • Sep 24, 2009 1:08pm Sep 24, 2009 1:08pm
Quoting TauTrader
Good day to you all,

I will hang onto this farking cable till the cows go home. She does not scare me....

I am long since 1.6066. Yip, in drawdown at the moment...but my super duper one-of-a-kind holy gr indicator will save me...

Luda, meet chris.....

Warm regards
Got a spare? ....LOL
Ghost Rider - WWTBMD?
  • #169,036
  • Sep 24, 2009 1:08pm Sep 24, 2009 1:08pm
Quoting XTrade
nAVIN, how long did you demo for before going live?
THANX!

the first time was 1 month i think.......then live for 1 year, was disguisted, then i went back to demo for 1 year, now i have had this as my first full month, live again..my trading experience is around 2 years

the interesting thing is: i only achieved on demo consistantly 3 months success over the past 3 months, so it has taken a while, confidence was lacking, always calling never doing.....LMAO
  • #169,037
  • Sep 24, 2009 1:12pm Sep 24, 2009 1:12pm
Quoting albchr
Got a spare? ....LOL

Hehe,

Come out of the closet and tell me your long....

No spares. Blanket on the floor to protect the bleeding knees.... that's it.

No more, no less

GU, look me in the eyes and tell me that you do not love me.....

Warm regards
  • #169,038
  • Sep 24, 2009 1:13pm Sep 24, 2009 1:13pm
Quoting nAVIN2007
there was 2 possiblilty....GM and myself favoured a small body on dailly

the other is big down sided movement to give a bearish close on monthly to say more down is happening to now u have to ask your...what is the monthly range for cable and is it met.....


we are moving south folks....seeing is believing, matt do not try and find a bottom especailly when it looks like this....becarefull brother!

In another time and other circumstance, I would have bought her right here, Nav....

BUT

I was always on the look out for whacky king saying something naughty like this and putting her on the way to the abyss....so I could have shorted at 1.6370 but I didn't (just took long profits there) and was planning to stay out and buy it back here 'cause I really didn't think he would say something that out-of-whack....but
when I read him say "lower sterling favors rebalancing and exports" and at the same time saw market dropping 60-70 pips within one minute....boy...I knew it's open season....slapped a short albeit it small at 1.6233
look at what he's done to his own currency....
Hear the music before the song is over ...
  • #169,039
  • Sep 24, 2009 1:15pm Sep 24, 2009 1:15pm
Cosed my longs for a small loss at 1.6045.

I may regret it, but I regret making a stupid counter trend trade to begin with. Waiting for short entry.

Que
Que
  • #169,040
  • Sep 24, 2009 1:20pm Sep 24, 2009 1:20pm
Quoting GlobalMacro
In another time and other circumstance, I would have bought her right here, Nav....

BUT

I was always on the look out for whacky king saying something naughtly like this and putting her on the way to the abyss....so I could have shorted at 1.6370 but I didn't (just took long profits there) and was planning to stay out and buy it back here 'cause I really didn't think he would say something that out-of-whack....but
when I read him say "lower sterling favors rebalancing and exports" and at the same time saw market dropping 60-70 pips within one...
YEP edit:I meant to say small body on monthly, but u obviously know what i meant ......same here bro......id look to buy here myself if this wasnt so strong.....good monthly support....if this gets taken out damnit man! 1.53 might become 1.3
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