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Cable Update (GBPUSD)

  • #187,081
  • Dec 10, 2009 6:42pm Dec 10, 2009 6:42pm
Quoting Magix
Now wouldn't that be an interesting survey....

How many trades per day/week do traders take?
Wow 300 trades in a week time the spread that is over 1 thousand pip give away to the broker they sure like you.

I do 1 to 3 trade a day and this is when I started making real pip. if you notice in one day you will have 1 or 2 real swing so i try to catch them.

Now Ranging for so many hour A breakout should happen soonner or later and wacht out when it will happen. I have more biais for an upside..
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  • #187,082
  • Dec 10, 2009 6:48pm Dec 10, 2009 6:48pm
Took a little ride here
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #187,083
  • Dec 10, 2009 6:51pm Dec 10, 2009 6:51pm
The breakout of this pattern may occur on the imminent release of the Chinese Trade Balance - any luck the break will be to the upside to run this baby back towards the 4H 100SMA. Only time will tell!
  • #187,084
  • Dec 10, 2009 6:55pm Dec 10, 2009 6:55pm
Quoting bucko
The breakout of this pattern may occur on the imminent release of the Chinese Trade Balance - any luck the break will be to the upside to run this baby back towards the 4H 100SMA. Only time will tell!
Where are you living Bucko?
I Live in Gatineau Québec near Ottawa
  • #187,085
  • Dec 10, 2009 6:56pm Dec 10, 2009 6:56pm
Quoting Lejumeau
Wow 300 trades in a week time the spread that is over 1 thousand pip give away to the broker they sure like you.
I know my broker loves me...

The thing is...I never trust a run, and I have held waaaaaay to many times watching green go to red.

So, when I see resistance on a trade, I am outa there, and will buy back in on pullbacks. On some pull backs, I will enter 2-3 more trades if price continues to draw back against me.

When I am in good runs, I will enter 2-3 more trades in favor of direction...

Some I hold, some I drop, trying to never let the trade against me.

I do have certain criteria I play under, so, I will play a trend until the trend is no more.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #187,086
  • Dec 10, 2009 6:57pm Dec 10, 2009 6:57pm
Hi - I'm over in Vancouver - waiting for the snow from the East lol
  • #187,087
  • Dec 10, 2009 6:59pm Dec 10, 2009 6:59pm
Exited here
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #187,088
  • Dec 10, 2009 7:00pm Dec 10, 2009 7:00pm
Yea we just been hit by a snowstorm 20cm just to make everything hard on us.
  • #187,089
  • Dec 10, 2009 7:02pm Dec 10, 2009 7:02pm
Quoting Lejumeau
Yea we just been hit by a snowstorm 20cm just to make everything hard on us.
First snow in mid December, can't complain.
  • #187,090
  • Dec 10, 2009 7:02pm Dec 10, 2009 7:02pm
Quoting bucko
Hi - I'm over in Vancouver - waiting for the snow from the East lol
I have friend that just left last week they are moving to Victoria island.
  • #187,091
  • Dec 10, 2009 7:09pm Dec 10, 2009 7:09pm
Ahh yes Victoria island is beautiful indeed!

Look like Cable is going to the stars after the news ... we'll see if it holds.

Cheers - good night all!
  • #187,092
  • Dec 10, 2009 7:10pm Dec 10, 2009 7:10pm
Buy and 1 lot closed here...Currently @ 4hr resistance...
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  • #187,093
  • Dec 10, 2009 7:11pm Dec 10, 2009 7:11pm
here we go to the upside first target the high of today 6344
42pip in profit stop at break even let see i it will subtain is momentum
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  • #187,094
  • Dec 10, 2009 7:18pm Dec 10, 2009 7:18pm
2nd lot [email protected]...
Added position here...

Closed 1 here...riding the other....
Closed 1 here...will wait for pullback and reload.



CHA CHING!
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #187,095
  • Dec 10, 2009 7:26pm Dec 10, 2009 7:26pm
Quoting Magix
2nd lot [email protected]...
Added position here...

Closed 1 here...riding the other....
just curious what is yours spread and what broker are you using?
  • #187,096
  • Dec 10, 2009 7:33pm Dec 10, 2009 7:33pm
Quoting Lejumeau
just curious what is yours spread and what broker are you using?
FXsolutions, spread 5 on cable.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #187,097
  • Dec 10, 2009 7:35pm Dec 10, 2009 7:35pm
Quoting Magix
FXsolutions, spread 5 on cable.
Thanks I'm using FXDD spread is 4 on cable and all of there currency spread are fixed no fluctuation.
  • #187,098
  • Dec 10, 2009 7:37pm Dec 10, 2009 7:37pm
Quoting Lejumeau
Thanks I'm using FXDD spread is 4 on cable and all of there currency spread are fixed no fluctuation.
I like the platform for fxsolutions...single click buys n sells, fer a guy like me...I need to be quick on the trigger...but nice on the 4 spread.

A lot of my trades are 2-6 lots, that'd make a huge difference in the bottom line.

Currently, +90 on the evening though, I guess I ought not bitch.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #187,099
  • Dec 10, 2009 7:42pm Dec 10, 2009 7:42pm
Quoting Magix
I like the platform for fxsolutions...single click buys n sells, fer a guy like me...I need to be quick on the trigger...but nice on the 4 spread.

A lot of my trades are 2-6 lots, that'd make a huge difference in the bottom line.

Currently, +90 on the evening though, I guess I ought not bitch.
200-600k?
lowest draw down possible please.
  • #187,100
  • Dec 10, 2009 7:43pm Dec 10, 2009 7:43pm
I took a ride on the monster just recently ;>

cable is boring me!
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lowest draw down possible please.
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