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Cable Update (GBPUSD)

  • #174,441
  • Oct 8, 2009 2:13pm Oct 8, 2009 2:13pm
Quoting mkashifk
Hi guys,

This is the first time that I am writing on this thread. I joined you guys about a month ago, invested $700 and with the knowledge gained from jacko and j16 and following this thread, I turned that into $3600. I only immitated what you guys showed on your charts, picking your points and looking those on my charts and if I was convinced I traded. The most important thing I learned from this thread are three main points;


Hats up to you guys.
Fantastic for taking such a logical approach and great going on your gains so far...

Wishing you long continued success!
Ghost Rider - WWTBMD?
  • #174,442
  • Oct 8, 2009 2:16pm Oct 8, 2009 2:16pm
Quoting mkashifk
Hi guys,

This is the first time that I am writing on this thread. I joined you guys about a month ago, invested $700 and with the knowledge gained from jacko and j16 and following this thread, I turned that into $3600. I only immitated what you guys showed on your charts, picking your points and looking those on my charts and if I was convinced I traded. The most important thing I learned from this thread are three main points;

- you should have nerves of steel and your money management should be calculated before you decide to invest the amount
-...
thats great news bro! ...powerfull combination of trechnique u have there. the difference between a wining and losing trade is exit.

I agree..need nerves of steel

I alway say to myself if i had a friend who took my trades and played them to where i say .....he would make more money..i might actually try that!
  • #174,443
  • Oct 8, 2009 2:22pm Oct 8, 2009 2:22pm
Quoting bkg102665
I do not know if you guys have ever tried or would be interested but I have just set up a live chat room for traders and wondering if anyone here would be interested in joining.It is simple to set up and it is FREE !!Send me a private message if you are and I will help you get started.
Actually, i wouldn t call it chatroom but has any of you tried StockTwits? they have a great stocktwits Desktop app, and works for forex as well, it s interesting. Also smart people exchanging ideas just like here. But anyway i am on both, unless everyone from FF uses stocktwits, i will be here. I appreciate and have great respect for all the contributors here for sharing their opinions and giving great input!
The Sky is the Limit!
  • #174,444
  • Oct 8, 2009 2:23pm Oct 8, 2009 2:23pm
Quoting egkid
Well Done mate
How much u risk per 1 trade?
Infact I started with 2-3% but when I saw that my reasons were valid, I just added more and moving my SL to BE asap and letting it run, and to be honest alot of times ended up investing about 40-50% of my account. But by doing this I also had a loss of about $300, but that was profits and my initial investment was intact and the reason was, I was chasing the price instead of letting it come to me.

Kind regards
  • #174,445
  • Oct 8, 2009 2:24pm Oct 8, 2009 2:24pm
We need accuracy like this
Inserted Video
  • #174,446
  • Oct 8, 2009 2:25pm Oct 8, 2009 2:25pm
Quoting nAVIN2007
thats great news bro! ...powerfull combination of trechnique u have there. the difference between a wining and losing trade is exit.

I agree..need nerves of steel

I alway say to myself if i had a friend who took my trades and played them to where i say .....he would make more money..i might actually try that!
there are some MQL scripts running on MT4.. when placing an order (even market execution) sets up your SL and TP at the same time..

http://codebase.mql4.com/scripts

maybe not a bad idea!
  • #174,447
  • Oct 8, 2009 2:26pm Oct 8, 2009 2:26pm
Quoting pakitrader
We need accuracy like this
where r u from bro, me from karachi.
  • #174,448
  • Oct 8, 2009 2:27pm Oct 8, 2009 2:27pm
Quoting Piters
there are some MQL scripts running on MT4.. when placing an order (even market execution) sets up your SL and TP at the same time..

http://codebase.mql4.com/scripts

maybe not a bad idea!
i might try thanks buddy..
  • #174,449
  • Oct 8, 2009 2:28pm Oct 8, 2009 2:28pm
Quoting mkashifk
where r u from bro, me from karachi.

Yep am from karachi and you
  • #174,450
  • Oct 8, 2009 2:29pm Oct 8, 2009 2:29pm
Quoting Piters
there are some MQL scripts running on MT4.. when placing an order (even market execution) sets up your SL and TP at the same time..

http://codebase.mql4.com/scripts

maybe not a bad idea!
I did it manually, may not a bad idea using scripts but I am learning for that prefer manual work. Thanks for the tip buddy.
  • #174,451
  • Oct 8, 2009 2:30pm Oct 8, 2009 2:30pm
Nav, there's strong resistance here, although so far the daily candle looks bullish.

5800 to 6123 is the range for now.

bullish on a break of 6123.
  • #174,452
  • Oct 8, 2009 2:30pm Oct 8, 2009 2:30pm
Quoting pakitrader
Yep am from karachi and you
me too, born there, studied there but now living in italy....
  • #174,453
  • Oct 8, 2009 2:32pm Oct 8, 2009 2:32pm
Quoting alex1976
Nav, there's strong resistance here, although so far the daily candle looks bullish.

5800 to 6123 is the range for now.

bullish on a break of 6123.
we would be going down now if it wasnt for this dollar collapsing in front of us.....its a friggin joke..yesterday i was long and exist cause i didnt think it had strength

can u believe that..
  • #174,454
  • Oct 8, 2009 2:32pm Oct 8, 2009 2:32pm
Quoting nAVIN2007
i might try thanks buddy..
actually im going to do the same.. helps with scalping too!!

the idea is.. to redefine your F1 to F10 buttons. like

F2 = GU sell (predefined SL and TL)
F2 = GU buy
F3 =GY sell
F4 = GY buy..
...
...
...
F10= close all (or known as PANIC BUTTON)


will try some over the weekend.. and if good.. will post it here ..
  • #174,455
  • Oct 8, 2009 2:33pm Oct 8, 2009 2:33pm
Quoting mkashifk
me too, born there, studied there but now living in italy....

great buddy
  • #174,456
  • Oct 8, 2009 2:37pm Oct 8, 2009 2:37pm
the major IDEA is to avoid or STOP our subconscious mind to act as an asshole trying to be an smartass, hoping for market to return back to your position, and with that actually directly supplying all your pips to your broker.. (correct my English spelling if wrong..)

  • #174,457
  • Oct 8, 2009 2:41pm Oct 8, 2009 2:41pm
Quoting Piters
the major IDEA is to avoid or STOP our subconscious mind to act as an asshole trying to be an smartass, hoping for market to return back to your position, and with that actually directly supplying all your pips to your broker.. (correct my English spelling if wrong..)

yes absolutely..

cable looks like its starting to retrace maybe...i wish i played the breakout of the wedge..LOL
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  • #174,458
  • Oct 8, 2009 2:43pm Oct 8, 2009 2:43pm
My hand keep itching me i wanna click SELL SELL
I'm not convince with that move UP AT ALL
  • #174,459
  • Oct 8, 2009 2:44pm Oct 8, 2009 2:44pm
add me kashif
[email protected]
  • #174,460
  • Oct 8, 2009 2:46pm Oct 8, 2009 2:46pm
Quoting pakitrader
add me kashif
[email protected]
[email protected]
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