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Cable Update (GBPUSD)

  • #187,041
  • Dec 10, 2009 1:35pm Dec 10, 2009 1:35pm
You in T.Dot Magix?
lowest draw down possible please.
  • #187,042
  • Dec 10, 2009 1:37pm Dec 10, 2009 1:37pm
Quoting extraneo
you entry @ 16327
compliments
why do not you have pointed to a higher resistance?
I play multiple time frames support and resistance.

I am not a full time trader, so play on shorter time frames as time allows.

We are still stuck in channel, and until we break that channel, I will take as many short term trades as I need to, or as time allows.

It's just my style...but thanks for the kudos!

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #187,043
  • Dec 10, 2009 1:38pm Dec 10, 2009 1:38pm
Quoting ehrek
You in T.Dot Magix?

Don't even know what that is Ehrek.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #187,044
  • Dec 10, 2009 1:43pm Dec 10, 2009 1:43pm
If it manages to break that traingle down i think it will bounce at LTL maybe @ (1.6130 to 1.6160) area to 1.6270 first & then extend to 1.6425.

If it breaks up we will see 1.65 in the near time. of course not today.

Just want to share my thoughts.

I have a pending Buy @1.6170 with SL @1.6120

GL everyone
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  • #187,045
  • Dec 10, 2009 1:43pm Dec 10, 2009 1:43pm
Quoting Magix
Don't even know what that is Ehrek.
Toronto
lowest draw down possible please.
  • #187,046
  • Dec 10, 2009 1:44pm Dec 10, 2009 1:44pm
I'm loving it!!!!!!!!!!!!!!!!!!!!!!!
Holding my candle high up, my mentor lit it up once!!
  • #187,047
  • Dec 10, 2009 1:46pm Dec 10, 2009 1:46pm
Quoting ehrek
Toronto
Flames country here Ehrek...

Calgary.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #187,048
  • Dec 10, 2009 1:46pm Dec 10, 2009 1:46pm
Listen to this:

You can't control the Market, but you can control yourself.
  • #187,049
  • Dec 10, 2009 1:51pm Dec 10, 2009 1:51pm
Let's make a servey.

Are you profiting from trading since you opened your account?

I'm Still learning the trading secrets.
I opened a 7000$ account 5 months ago.
now it is 4500
but in somtime I reached to 8500$
  • #187,050
  • Dec 10, 2009 1:53pm Dec 10, 2009 1:53pm
Quoting extraneo
Long 16262 tp 16317
tp 6300 better
  • #187,051
  • Dec 10, 2009 1:54pm Dec 10, 2009 1:54pm
It's been a rough week for me with cable which resulted in me trading for nearly 24 hrs - went from 6am through to 3 am the following morning - why? trying to recover some big big losses but it didnt work.........

The more i tried the more i lost - trying to make it all back in one session was a BIG mistake but im still here!

Learnt some very expensive lessons during the last 12 months

Just thought i would share my experience this week
  • #187,052
  • Dec 10, 2009 2:07pm Dec 10, 2009 2:07pm
Quoting extraneo
Long 16262 tp 16317
too soon ... at least for me
  • #187,053
  • Dec 10, 2009 2:11pm Dec 10, 2009 2:11pm
Quoting Baby-Trader
Let's make a servey.

Are you profiting from trading since you opened your account?

I'm Still learning the trading secrets.
I opened a 7000$ account 5 months ago.
now it is 4500
but in somtime I reached to 8500$
Currently (-£15,000) give or take a few quid and out of the hundreds of trades i've made i lost it all in 3 silly sessions 2 of which were on USA non-farm payroll days.

I see my losses as lessons though...........very philosophical eh
  • #187,054
  • Dec 10, 2009 2:11pm Dec 10, 2009 2:11pm
Please. Anyone trade natural gas ? Who cought the big move today after the news?
  • #187,055
  • Dec 10, 2009 2:24pm Dec 10, 2009 2:24pm
Anybody wondering why I didn't hold my trade now?

Never confirmed the hour...

In like a lamb, out like a lion.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #187,056
  • Dec 10, 2009 2:26pm Dec 10, 2009 2:26pm
Quoting Baby-Trader
Listen to this:

You can't control the Market, but you can control yourself.
Yeah Concentration and calm the key.
I think all depends on psychology
  • #187,057
  • Dec 10, 2009 2:38pm Dec 10, 2009 2:38pm
Quoting egkid
Yeah Concentration and calm the key.
I think all depends on psychology
I hadda Freudian slip just reading this...

To me it read

Contraception and Clam is the key.

I think I might need a nap.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #187,058
  • Dec 10, 2009 2:42pm Dec 10, 2009 2:42pm
so whose currently into long trades... apart from me ???
  • #187,059
  • Dec 10, 2009 2:47pm Dec 10, 2009 2:47pm
Quoting qaisf
so whose currently into long trades... apart from me ???
I took a small bite @ 1.6267, s/l placed @ 1.6254
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #187,060
  • Dec 10, 2009 3:01pm Dec 10, 2009 3:01pm
i took one at 6244 thinkin if i should hold on longer or just exit with 25 odd pips...
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