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Cable Update (GBPUSD)

  • #180,961
  • Nov 5, 2009 6:15am Nov 5, 2009 6:15am
Quoting fx local
well that was free money trading.....
in what way bro? ...whats yur thinking behind it..
  • #180,962
  • Nov 5, 2009 6:16am Nov 5, 2009 6:16am
Quoting DubaiFX
Added more shorts at 1.6595
lets see if i am wrong
..
perhaps u r right.....

Perhaps you would consider my blank weekly chart
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  • #180,963
  • Nov 5, 2009 6:17am Nov 5, 2009 6:17am
Quoting nAVIN2007
in what way bro? ...whats yur thinking behind it..
2 ways
  • #180,964
  • Nov 5, 2009 6:18am Nov 5, 2009 6:18am
I m a newbie here and nearly scared the hell out of me when the M15 bar went up by near 100 pips in a single candle!

I m in a long position and I had limit order of 30 pips gain. This is the fastest money earned I ever encountered. Is it normal?
  • #180,965
  • Nov 5, 2009 6:19am Nov 5, 2009 6:19am
Is the news good enough to get the GBP abouve the 1.6600 mark?
  • #180,966
  • Edited 6:22am Nov 5, 2009 6:19am | Edited 6:22am
Quoting poortrader
The worst business ever. money leaves from your pocket like a water. Only big boys can earn because then know already where to move market.

5th and final account blown today.

Best wishes for you all guys. Now start looking newspaper for a job

Big boys will give you sometime but ultimately they will take everything and they keep making you stupid I have taken a decision now feeling very much tension free nothing left to give. In this business there is no double top there is no gartley there is no trendline these all make to make you fool. THey...
"I really wish i can say what many have not said."
I was out too....but back and better!
www.70yrsforexfocus.blog.com
  • #180,967
  • Nov 5, 2009 6:19am Nov 5, 2009 6:19am
Hello Kanji,
There was just one tip I wanted to give you since i am in the same situation as you are. i had taken too many shorts yesterday at around1.64. I have a very tiny account myself. It surely would have blown up after the release of fomc report. So what I did was take a few longs every now and then just for a few pips to increase my margin. And voila, I still have my account.
Quoting kanji
what is the highest had price see in this spike, the fxsol had blowed my account on 6612? metatrder shows 6601
  • #180,968
  • Nov 5, 2009 6:20am Nov 5, 2009 6:20am
continuation pattern trying to form
anyone?
  • #180,969
  • Nov 5, 2009 6:21am Nov 5, 2009 6:21am
Quoting Sunnyjain
Hey Guys,

After very long time, Playing with GBP..
I am short at 1.6592, Is it good?
What do u say?
anyone will suggest me about Stop/Loss?


Thanks
Sunny
stop above 1.6630 but 15 min chart should close above 1.6630

and target can be 16510



Just telling you my second short position target ans stops

take care
Don't compare your Trades with Others
  • #180,970
  • Nov 5, 2009 6:25am Nov 5, 2009 6:25am
Quoting DubaiFX
stop above 1.6630 but 15 min chart should close above 1.6630

and target can be 16510



Just telling you my second short position target ans stops

take care
and my monthly as well

Good luck

Reference : http://www.forexfactory.com/showthread.php?t=203842
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  • #180,971
  • Nov 5, 2009 6:25am Nov 5, 2009 6:25am
what a bad candele . My tp was 6464 But did not hit.......
  • #180,972
  • Nov 5, 2009 6:30am Nov 5, 2009 6:30am
Quoting nAVIN2007
in what way bro? ...whats yur thinking behind it..
went long after inital spike, it set up for further ground, may well test 16665/16700 if not then we back in range,

25 billion + hawkish talk on inflation

big stops touted above 16630 therefore could see fast move
Trading is 80% Emotional, 20% Technical
  • #180,973
  • Nov 5, 2009 6:33am Nov 5, 2009 6:33am
Quoting grashid
perhaps u r right.....

Perhaps you would consider my blank weekly chart
nice bro but as i said before im macd Trader
and i trade with wide stops
second position opened with tight stops
and old shorts stop above 17000
target 1.6000

i am trading weekly chart also but mine is different bro
looks like we have missed "Glass is half empty"
Don't compare your Trades with Others
  • #180,974
  • Nov 5, 2009 6:35am Nov 5, 2009 6:35am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
I wasn't mad after all.

Going short now with wide stop loss!


ams





Quoting ams
TT,

Don't know why but I see 66200 before the fall.
May be I am going mental :-)



Ta
  • #180,975
  • Nov 5, 2009 6:35am Nov 5, 2009 6:35am
6705 my target
  • #180,976
  • Nov 5, 2009 6:36am Nov 5, 2009 6:36am
Quoting grashid
and my monthly as well

Good luck

Reference : http://www.forexfactory.com/showthread.php?t=203842
Right bro
Monthly also
but my strategy is when iam trading weekly i only check weekly chart and for helping or hedging i see Daily close
Don't compare your Trades with Others
  • #180,977
  • Nov 5, 2009 6:36am Nov 5, 2009 6:36am
Hedge went very well, +75 overall.

Hope the news traders made some pips!
  • #180,978
  • Nov 5, 2009 6:39am Nov 5, 2009 6:39am
hedging?

there are still people doing "hedging" on the same pair?

lol.
  • #180,979
  • Nov 5, 2009 6:39am Nov 5, 2009 6:39am
Quoting goodwings
"I really wish i can say what many have not said."
I was out too....but back and better!
www.70yrsforexfocus.blog.com
So sorry for u..
  • #180,980
  • Nov 5, 2009 6:41am Nov 5, 2009 6:41am
HEY EVERY ONE..

can any one USE .. BROCO live Station Mt4??????


thanks
__________________

cheer vib
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