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Cable Update (GBPUSD)

  • #179,901
  • Oct 29, 2009 3:44pm Oct 29, 2009 3:44pm
Quoting nAVIN2007
alex how did u mange yur trade..are u stoppped out or still in?

Lol, funny you ask that!

I'm not gonna lie, but I'm still holding that short.

I know, I'm messed up!!

Broke all my rules of my strategy, plan and money management.

I was doing well for two months following my plan and using strict mm.

I'm down 300 dollars, mini lots.


Ive kinda turned this trade into a position trade (LOL) and I think i have enough on my margin to cover my stop.

I know what I'm doing wrong and I'm the first to self analyze my dumb trades.


No pain no gain right.

I didn't follow my plan, plain and simple.
  • #179,902
  • Oct 29, 2009 3:50pm Oct 29, 2009 3:50pm
Quoting Bull_Bear
Sell this GM...

2 x 142 = + 284pips

Happy to go toe to toe with you mate. Are you still FLAT with no trade

Remember no FLAT BEER ya MUG.

I have a policy Spring/Summer dedicate a bit more time to life and enjoying the fruits of life, that's why I not around as often compared to Autume / Winter. Offcourse my fall back is Auto Mode....

Seeya at 1.5300 ya MUG.

OMG! Is it true???? Can it really be???? You are able to press the *BUY* button too?

That spring season in the southern hemisphere must have softened your bearish resolve...

I say only one thing....... is in the air...in Aussie Land....LOL

1.5300???? Damn.....bro....will you knock it off already....???

Kiss 1.5300 Bye-Bye....You Mug.....
Hear the music before the song is over ...
  • #179,903
  • Oct 29, 2009 3:51pm Oct 29, 2009 3:51pm
Quoting nAVIN2007
alex how did u mange yur trade..are u stoppped out or still in?

hey bro how are u

u still in
  • #179,904
  • Oct 29, 2009 3:52pm Oct 29, 2009 3:52pm
Quoting alex1976
Lol, funny you ask that!

I'm not gonna lie, but I'm still holding that short.

I know, I'm messed up!!

Broke all my rules of my strategy, plan and money management.

I was doing well for two months following my plan and using strict mm.

I'm down 300 dollars, mini lots.


Ive kinda turned this trade into a position trade (LOL) and I think i have enough on my margin to cover my stop.

I know what I'm doing wrong and I'm the first to self analyze my dumb trades.


No pain no gain right.

I didn't follow my plan, plain and simple.
well at least u have a weekly pin as a guide for yur stop...the upmove is quite incredible. where u place the stop bro?

just learn from it..
u know im in this trade and i said from the beginning, the minute i set it..once im in it, that it..no changing mind...u gotta learn to stick to the plan u set otherwise u gonna kill yourself trying..

i hope we both lucky..

Quoting kill
hey bro how are u

u still in
yes unfortunately
  • #179,905
  • Oct 29, 2009 4:03pm Oct 29, 2009 4:03pm
Quoting nAVIN2007
well at least u have a weekly pin as a guide for yur stop...the upmove is quite incredible. where u place the stop bro?

just learn from it..
u know im in this trade and i said from the beginning, the minute i set it..once im in it, that it..no changing mind...u gotta learn to stick to the plan u set otherwise u gonna kill yourself trying..

i hope we both lucky..



yes unfortunately
bro me too i hope we will see her going down where it belong

what ever go's up wil come down
  • #179,906
  • Oct 29, 2009 4:07pm Oct 29, 2009 4:07pm
Quoting kill
bro me too i hope we will see her going down where it belong

what ever go's up wil come down
Where did u enter bro?
  • #179,907
  • Oct 29, 2009 4:12pm Oct 29, 2009 4:12pm
Quoting nAVIN2007
well at least u have a weekly pin as a guide for yur stop...the upmove is quite incredible. where u place the stop bro?

just learn from it..
u know im in this trade and i said from the beginning, the minute i set it..once im in it, that it..no changing mind...u gotta learn to stick to the plan u set otherwise u gonna kill yourself trying..

i hope we both lucky..



yes unfortunately
Nav, above 7040
  • #179,908
  • Oct 29, 2009 4:14pm Oct 29, 2009 4:14pm
Quoting nAVIN2007
Where did u enter bro?


16412 16533 16555 not bad
  • #179,909
  • Oct 29, 2009 4:17pm Oct 29, 2009 4:17pm
Quoting kill
16412 16533 16555 not bad
might sink 500 pip move is possible and send this mofo to 1.60

Quoting alex1976
Nav, above 7040
that should be the max..if it passes that..it wont come down, it will form a new range where 1.670 will be solid
  • #179,910
  • Oct 29, 2009 4:17pm Oct 29, 2009 4:17pm
Quoting alex1976
Nav, above 7040

and what percentage of ur acc are u risking if i may ask
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #179,911
  • Oct 29, 2009 4:22pm Oct 29, 2009 4:22pm
Agreed, so dollar "was" up, cable down. Dollar down, dow, gold, cable,
Up.

Quoting kill
what ever go's up wil come down
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #179,912
  • Oct 29, 2009 4:24pm Oct 29, 2009 4:24pm
this is what we have to hope for..
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  • #179,913
  • Oct 29, 2009 4:32pm Oct 29, 2009 4:32pm
Quoting nAVIN2007
might sink 500 pip move is possible and send this mofo to 1.60



that should be the max..if it passes that..it wont come down, it will form a new range where 1.670 will be solid

i know it will bro sink tody's move not justifd but we have to take some heat from the b;;;h for 5 years the b;;;h allwys come back to me 16600 was too tough for her
  • #179,914
  • Oct 29, 2009 4:33pm Oct 29, 2009 4:33pm
Quoting kill
i know it will bro sink tody's move not justifd but we have to take some heat from the b;;;h for 5 years the b;;;h allwys come back to me 16600 was too tough for her
she punish us every week
  • #179,915
  • Oct 29, 2009 4:39pm Oct 29, 2009 4:39pm
Quoting djambazov84
and what percentage of ur acc are u risking if i may ask

I already know its way to much of a percentage. I established that awareness in my last reply to Nav.


I broke my rules and now Im paying for it!

Lesson learned.

Good luck to you
  • #179,916
  • Oct 29, 2009 4:40pm Oct 29, 2009 4:40pm
Quoting nAVIN2007
she punish us every week


man one week she is on the top the next we will cick her azzzz bad she will in the bottom
  • #179,917
  • Oct 29, 2009 5:09pm Oct 29, 2009 5:09pm
Quoting alex1976
I already know its way to much of a percentage. I established that awareness in my last reply to Nav.


I broke my rules and now Im paying for it!

Lesson learned.

Good luck to you
i tell u something alex..im in this trade i have 3k account, i entered a 7p a pip..im down 200 pips so right now im at a loss of £12

i wont dare place this trade at 1 mini lot cause i need a stop above the weekly high to play such a big target like 1.60.

if it goes wrong, likely i lose £20

the point of me sharing this with u is i know if i did what u doing..id be in the same situation, when the loss is huge, we become imbolised and cannot accept it..the trick is simply not go down that path of over leverage..it always ends up with bust and boom cycle..u cannot make money in trading short term unless u have something very special

be lucky my friend
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  • #179,918
  • Oct 29, 2009 5:18pm Oct 29, 2009 5:18pm
Quoting nAVIN2007
i tell u something alex..im in this trade i have 3k account, i entered a 7p a pip..im down 200 pips so right now im at a loss of £12

i wont dare place this trade at 1 mini lot cause i need a stop above the weekly high to play such a big target like 1.60.

if it goes wrong, likely i lose £20

the point of me sharing this with u is i know if i did what u doing..id be in the same situation, when the loss is huge, we become imbolised and cannot accept it..the trick is simply not go down that path of over leverage..it always ends up with bust...
Oh.. OKay, i'm really glad to hear that.. 20 is a good number.. LOL.. nothing to worry then..

I'm Selling this thing now. Reacting the 1.6600 area. short @ 1.6559 sl just slightly above 1.6600..
  • #179,919
  • Oct 29, 2009 5:21pm Oct 29, 2009 5:21pm
Quoting mloistianto
Oh.. OKay, i'm really glad to hear that.. 20 is a good number.. LOL.. nothing to worry then..
i cannot have such huge stop with big lot...
  • #179,920
  • Oct 29, 2009 5:24pm Oct 29, 2009 5:24pm
Quoting nAVIN2007
i tell u something alex..im in this trade i have 3k account, i entered a 7p a pip..im down 200 pips so right now im at a loss of £12

i wont dare place this trade at 1 mini lot cause i need a stop above the weekly high to play such a big target like 1.60.

if it goes wrong, likely i lose £20

the point of me sharing this with u is i know if i did what u doing..id be in the same situation, when the loss is huge, we become imbolised and cannot accept it..the trick is simply not go down that path of over leverage..it always ends up with bust and boom...
Hey Nav, which broker do you use bro? If you don't mind me asking.
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