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Cable Update (GBPUSD)

  • #179,741
  • Oct 29, 2009 8:32am Oct 29, 2009 8:32am
Quoting mloistianto
Ow, Of course, I Never bear a 300 SL, just could not help it. LOL, Good luck Bro, lets hope this candle continues south, even though my sentiment is Bullish at least until 1.66 or 1.67.. But i'm shorting now, so a run back to 1.6 is favorable..

my mind is in a place where..im just playing my edge if i get stopped out..so be it...acepting losses is major step forward for me and also sticking to a plan untill proven wrong

be lucky my friend
  • #179,742
  • Oct 29, 2009 8:39am Oct 29, 2009 8:39am
Wow, buy stop triggered and closed. 6520 tp 6550. big numbers.

Didn't think it would happen that quick.
  • #179,743
  • Oct 29, 2009 8:40am Oct 29, 2009 8:40am
Very Warm Bullish Greetings To The Chiefs Of Permanent Bears

WB

&

BB

Are You Still Selling Guys.....?.......

Hear the music before the song is over ...
  • #179,744
  • Oct 29, 2009 8:41am Oct 29, 2009 8:41am
Quoting nAVIN2007
im in very light bro..risk is less than 1% of account..
Good day to you, Navin

Crazy... looking at my charts, GBP/JPY is only now starting to gear itself bullish... My cycle indicator on this pair is only lifting it's head now. (OK - I started typing this with price at 150.12)- took a phonecall, came back to finish and now we are 90 pips higher....

So - no purpose in this post.

Well, well, well
  • #179,745
  • Oct 29, 2009 8:41am Oct 29, 2009 8:41am
Just got raped there real quick....

Went short at 6474 just a minute ago. Sl was at 6554 BAM!
Ghost Rider - WWTBMD?
  • #179,746
  • Oct 29, 2009 8:42am Oct 29, 2009 8:42am
Quoting egkid
I know it's might be dangerous but i buy 1.6396
Quoting egkid
I promise if it goes against me this time i will do that in future
Now i will hold it
Yeassss
Close last half 1.6550 150 pip++
  • #179,747
  • Oct 29, 2009 8:42am Oct 29, 2009 8:42am
Hi

I cant understand why people are going short? If you are scalping with tight SL good luck to you. If you trade weekly with monthly, I have never traded above weekly TF so cant say anything.

Other than that no chart atleast to my eye looks bearish. Fundamental analysis is not something I do so again no idea.

But if your a technical analyst then why would you short(tight SL may be, but still a gamble).

Neo
  • #179,748
  • Oct 29, 2009 8:43am Oct 29, 2009 8:43am
Quoting albchr
Just got raped there real quick....

Went short at 6474 just a minute ago. Sl was at 6554 BAM!
Well, Cheer up mate..
  • #179,749
  • Oct 29, 2009 8:44am Oct 29, 2009 8:44am
Quoting Stocky Monk
Another thing to be aware of is a big stem of single prints that were generated on the 23/10 after the UK GDP prelim figures. These lie just above the 50% fib area. If the area does not hold and we enter above we could find ourselves at 1.6607 area very quickly.

[color=black][font=Verdana]'Single Prints': this is basically where PA has only trade once. The market does not like areas where price has only traded once and will usually in the course of the day fill in these prints so price has traded there...

single prints from 23rd have just been filled....rocket fuel for the bulls
  • #179,750
  • Oct 29, 2009 8:45am Oct 29, 2009 8:45am
Quoting albchr
Just got raped there real quick....

Went short at 6474 just a minute ago. Sl was at 6554 BAM!
So am I, but my SL was 6580
Addicted to FX
  • #179,751
  • Oct 29, 2009 8:45am Oct 29, 2009 8:45am
chart for the above
Attached Image (click to enlarge)
Click to Enlarge Name: mt12.jpg Size: 198 KB
  • #179,752
  • Oct 29, 2009 8:46am Oct 29, 2009 8:46am
Quoting albchr
Just got raped there real quick....

Went short at 6474 just a minute ago. Sl was at 6554 BAM!
unlucky mate, iwas in luckily cut and reversed, when saw the bids come in....

big order behind it, could see test of 16665, would sell there on failure...

uk clearer behind it divided related demand for sterling
Trading is 80% Emotional, 20% Technical
  • #179,753
  • Oct 29, 2009 8:48am Oct 29, 2009 8:48am
Quoting TauTrader
Good day to you, Navin

Crazy... looking at my charts, GBP/JPY is only now starting to gear itself bullish... My cycle indicator on this pair is only lifting it's head now. (OK - I started typing this with price at 150.12)- took a phonecall, came back to finish and now we are 90 pips higher....

So - no purpose in this post.

Well, well, well
its great to see u do so well..
if u can trade in this crazyness and make money, yur on yur way!!!!

keep up the good work..

looks like im gonna get it on this one..
  • #179,754
  • Oct 29, 2009 8:50am Oct 29, 2009 8:50am
i am really shocked now

my trades were considered bad from most of u

and i saw a professional old traders here who went short

assuming me too stupid as usuall

and i won the trade as i always used too

am i too good or you are too wrong ??
THE CREATOR AND OWNER OF S.N.M "Serve no Master" Trading Stystem
  • #179,755
  • Oct 29, 2009 8:51am Oct 29, 2009 8:51am
Gone long with 3 6495, 6520, 6543, looks bit choppy, but hope of getting to 6630. SL +10. Quite strange reaction to news. I'm waiting what's gonna happen when DOW opens, it should shoot up in the sky.??
  • #179,756
  • Oct 29, 2009 8:52am Oct 29, 2009 8:52am
Quoting Stocky Monk
chart for the above
wow havent seen market profile since days on scalping bunds,

read Mind over markets, good market profile book,

could you be kind enough to share the indicator for metatrader?

thanks
Trading is 80% Emotional, 20% Technical
  • #179,757
  • Oct 29, 2009 8:53am Oct 29, 2009 8:53am
Quoting Endrju
Gone long with 3 6495, 6520, 6543, looks bit choppy, but hope of getting to 6630. SL +10. Quite strange reaction to news. I'm waiting what's gonna happen when DOW opens, it should shoot up in the sky.??
NYSE is open b4 23 min
  • #179,758
  • Oct 29, 2009 8:53am Oct 29, 2009 8:53am
Quoting negro wolf
i am really shocked now

my trades were considered bad from most of u

and i saw a professional old traders here who went short

assuming me too stupid as usuall

and i won the trade as i always used too

am i too good or you are too wrong ??
minor, losses and being wrong apart of the game.....

just move on to the next trade......simple
Trading is 80% Emotional, 20% Technical
  • #179,759
  • Oct 29, 2009 8:54am Oct 29, 2009 8:54am
Quoting grashid
Shid,
Can i say that your vote datas attracting "them" to make use of its
Pride of opinion is a characteristic of losing traders
  • #179,760
  • Oct 29, 2009 8:55am Oct 29, 2009 8:55am
another leg lower in EURGBP worth noting, notable support near 8600 weekly trendline.....
Trading is 80% Emotional, 20% Technical
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