XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
Cable Update (GBPUSD)
- #170,601
- Sep 29, 2009 10:59am Sep 29, 2009 10:59am
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
- #170,602
- Sep 29, 2009 11:01am Sep 29, 2009 11:01am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
H1 & H4 are my Tf's bro. I'm learning the 15m for entries. Once locked in profit, I'm watching the higher ones again but will keep my eye on the 15m for turns to get out.
So I'm not disagreeing with you really. I just need to find entries requiring less stop loss is all. Like the last trade I took short at 5980. 5980 is good S/R to me so my SL was only 20 pips above it. At $2/pip, I risked 40 bucks and got out for +60 pips.
Now for your account that ain't squat. But 120 bucks does mine a lot of good...LOL...
Thank You
- #170,604
- Sep 29, 2009 11:04am Sep 29, 2009 11:04am
- Joined Mar 2008 | Status: Taking Care Of Business | 5,587 Posts
GM
Hows it going bro
I'm doing good, keeping short in cable...how about yourself?
btw, I found the ultimate dragon....it was down 700 pips earlier and now 150 pips up....if you love dragon I'm sure you go crazy about this....you never guess which one that is.....
Hear the music before the song is over ...
- #170,605
- Sep 29, 2009 11:06am Sep 29, 2009 11:06am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
2 bucks/ pip is usually what I trade bro. I've never gone higher than 10 bucks/ pip. My account is not big enough to go the whole nine yards, so to say for my account that amount doesn't mean squat is wrong hehe.
Ghost Rider - WWTBMD?
- #170,606
- Sep 29, 2009 11:10am Sep 29, 2009 11:10am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
wassup bro...
I think she's ranging with a bearish tendency atm....check out the dollar higher highs from 76.626 to 77.334 since yesterday....
theres slightly higher chance going up cause of daillythe whole day i have entered based on dollar gaining strength..it is being manipualted left right and center
its confused big time.....which way it breaks is not possible right...which ever direction it moves...i will work out the zones to target to get out of the hedge..i rather have up as we have target for head n shoulder neckline
- #170,607
- Sep 29, 2009 11:10am Sep 29, 2009 11:10am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Not going too badly, thanks Azim.
Although I am feeling a bit off the pace today. I made some money on USDJPY, but managed lost a bit more than that gain in equity trading. I have also found myself questioning why I didn't attempt a trade based on yesterday's daily close on EURGBP. Ah well, such is tradnig, such is life....
How are you doing?
I'm doing okay brother, looking to close a nice 11% - 12% for the month hopefully. I'm getting closer to trade primetime with you paul! Save me a seat will ya
Thank You
- #170,608
- Sep 29, 2009 11:13am Sep 29, 2009 11:13am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
wassup brother ...
I'm doing good, keeping short in cable...how about yourself?
btw, I found the ultimate dragon....it was down 700 pips earlier and now 150 pips up....if you love dragon I'm sure you go crazy about this....you never guess which one that is.....
Which pair be that? Nothing tops my beloved dragon ... I think
Thank You
- #170,609
- Sep 29, 2009 11:14am Sep 29, 2009 11:14am
- Joined Apr 2008 | Status: Trader | 9,414 Posts
i havent got a clue whats going on here....
it looks to me like its trying to go up..
might be in a diamond on 1hr (broadening traingle which converges) means it can breakout on either side
im off to bed....GOODLUCK u will need it!
Yeah as u said, Since i closed my [email protected] befor 2 days still waiting short chance, I think we might go higher 1.6035
- #170,610
- Sep 29, 2009 11:14am Sep 29, 2009 11:14am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Come on Azim, you know what I mean. Your account is more than 20 times the size of mine and you know it. You can afford FAR more draw down and larger stops than I can for that same 2 bucks a pip...lol
Thank You
- #170,611
- Sep 29, 2009 11:15am Sep 29, 2009 11:15am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
Not too bad bro. Still buying atm
Which pair be that? Nothing tops my beloved dragon ... I think
Ghost Rider - WWTBMD?
- #170,614
- Sep 29, 2009 11:18am Sep 29, 2009 11:18am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
lol okay bro my bad. But 2bucks/pip still means something to me
You lucky dog you.....
Ghost Rider - WWTBMD?
- #170,615
- Sep 29, 2009 11:19am Sep 29, 2009 11:19am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
How is ur trade going today my friend?
Yeah as u said, Since i closed my [email protected] befor 2 days still waiting short chance, I think we might go higher 1.6035
this morning i lost around 130 pips, i made it back taking around 8 quick scalps..
was lucky..so now i in the hedge waiting
how are u bro...?
- #170,616
- Sep 29, 2009 11:21am Sep 29, 2009 11:21am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
Well that's lunch and the end of any definitive entry for me ATM. Be back after lunch.
Good luck everyone...
Good luck everyone...
Ghost Rider - WWTBMD?
- #170,617
- Sep 29, 2009 11:23am Sep 29, 2009 11:23am
- Joined Mar 2008 | Status: Taking Care Of Business | 5,587 Posts
to be honest brother!! thats why i have a buy and sell
the whole day i have entered based on dollar gaining strength..it is being manipualted left right and center
its confused big time.....which way it breaks is not possible right...which ever direction it moves...i will work out the zones to target to get out of the hedge..i rather have up as we have target for head n shoulder neckline
BoE is making contradictory statements which is confusing the heck out of cable...
I'm watching the daily too for clues bro.....
Hear the music before the song is over ...
- #170,618
- Sep 29, 2009 11:24am Sep 29, 2009 11:24am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
lol...
BoE is making contradictory statements which is confusing the heck out of cable...
I'm watching the daily too for clues bro.....
- #170,619
- Sep 29, 2009 11:24am Sep 29, 2009 11:24am
- | Commercial User | Joined Oct 2008 | 5,712 Posts
- #170,620
- Sep 29, 2009 11:26am Sep 29, 2009 11:26am
- Joined Mar 2008 | Status: Taking Care Of Business | 5,587 Posts
Not too bad bro. Still buying atm
Which pair be that? Nothing tops my beloved dragon ... I think
Check it out bro...and tell me what you think of it...
Hear the music before the song is over ...