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Cable Update (GBPUSD)

  • #191,901
  • Jan 10, 2010 5:46pm Jan 10, 2010 5:46pm
Quoting forexlion
yippee the trade plan is working superb

already up $600 on that trade @ $20 per pip and my expectation is to collect at least 500 pips on the minimum side
How is your $1700 account doing? You had a Live MT4 Stat link, but took it off.
lowest draw down possible please.
  • #191,902
  • Jan 10, 2010 5:49pm Jan 10, 2010 5:49pm
Quoting ehrek
How is your $1700 account doing? You had a Live MT4 Stat link, but took it off.
i blew it , currently running @ $8027.33

and growing

i took it off because i am planning to convert it into a PAMMaccoumt where my stats will be live anyways, to whoever who is a member of it. so why bother to add it to mt4stats.
  • #191,903
  • Jan 10, 2010 5:57pm Jan 10, 2010 5:57pm
feel sorry for shorts left over the weekend...

there were a lot
  • #191,904
  • Jan 10, 2010 5:59pm Jan 10, 2010 5:59pm
Quoting Artcritique
I expect this post to be deleted if it is even published?? So if you wish to record it please do so now.

To wit: I notice the markets rising, contrary to my expectations. That is quite feasable, The market in it's wisdom often does not agree with me.

However, I also notice surprisingly small weekend spreads. I keep a screen print record of the information, quotes and spreads for all my accounts, on a continual basis. I also maintain responsible margin levels to protect my accounts in case of market moving events.

Should my brokers use this...
It's commercial war
Scottrade disabled their virtual trading for options so I had to trade live.
Slight misunderstanding as to how they work it cost me $3,600 in 2.5 minutes on Friday - almost all their commission and spread

I am sick as a parrot but they wont get me again... We have to make these mistakes translate into experience otherwise it's a dead loss

Just assume the brokers of forex and stocks are bandidos and watch your parking meters....

Never have feelings of conscience about closing accounts and costing these people - they deserve it

They sent me a Christmas card too - pity it's shiny paper
  • #191,905
  • Jan 10, 2010 6:13pm Jan 10, 2010 6:13pm
SHORT @ 1.6101
  • #191,906
  • Jan 10, 2010 6:20pm Jan 10, 2010 6:20pm
I'm not sure going short is a good idea.
Market sentiment might have changed after friday's news. A month ago had a big impact for the entire month, why shouldn't be the same this time? I'm long from 607 SL @ BE and I hope I'm right...

Good luck guys!
Jacko's turtle
  • #191,907
  • Jan 10, 2010 6:26pm Jan 10, 2010 6:26pm
Quoting zumzum
I'm not sure going short is a good idea.
Market sentiment might have changed after friday's news. A month ago had a big impact for the entire month, why shouldn't be the same this time? I'm long from 607 SL @ BE and I hope I'm right...

Good luck guys!
I hope I am not spoiling your party, but we will be going above August 2009 high on daily charts on this current daily chart swing !!!
  • #191,908
  • Jan 10, 2010 7:02pm Jan 10, 2010 7:02pm
Short From 1.6093

Tp = 1.6013

* Never Trust To Any Indicator *
  • #191,909
  • Jan 10, 2010 7:11pm Jan 10, 2010 7:11pm
Quoting Shad
Short From 1.6093

Tp = 1.6013

Im in 1.6090 Tp=1.6014
  • #191,910
  • Jan 10, 2010 7:27pm Jan 10, 2010 7:27pm
Brave Bears

Stop @ BE 1.6057 and my LONG continues its journey

TP 1.6475
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  • #191,911
  • Jan 10, 2010 8:11pm Jan 10, 2010 8:11pm
Quoting allserene
feel sorry for shorts left over the weekend...

there were a lot
I'm sure most of them got out at BE lol. Nobody ever loses remember?
Thank You
  • #191,912
  • Jan 10, 2010 8:16pm Jan 10, 2010 8:16pm
Well,. my short over the weekend did not fare so well, but added a new short at 1.6100 to end up both with a small loss. It was a very small position though, more like an experience trade. How else will I learn

Anyway, it is usually good for a good short when the 200 SMA is near 20 pips away from the 100 SMA.

Here is my current 1M chart.

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"Keep your eyes on the helpers" - Mr. Rogers
  • #191,913
  • Jan 10, 2010 8:17pm Jan 10, 2010 8:17pm
Quoting wormboy
I'm sure most of them got out at BE lol. Nobody ever loses remember?
Hey..I took a loss.... I guess that means I am not Nobody
"Keep your eyes on the helpers" - Mr. Rogers
  • #191,914
  • Jan 10, 2010 8:19pm Jan 10, 2010 8:19pm
You know what i mean ?
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The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #191,915
  • Jan 10, 2010 8:29pm Jan 10, 2010 8:29pm
Quoting damonl
Hey..I took a loss.... I guess that means I am not Nobody
Very few come clean when they're wrong sir. Kudos to you for being genuinely honest

Back to the charts. I'd short here tho if it's not for fxcm's server problems.
Did you take it?
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Thank You
  • #191,916
  • Jan 10, 2010 8:33pm Jan 10, 2010 8:33pm
Quoting wormboy
Very few come clean when they're wrong sir. Kudos to you for being genuinely honest

Back to the charts. I'd short here tho if it's not for fxcm's server problems.
Did you take it?

Is that wat that is? I tried to put a trade in myself for short but it told me market was closed. I knew it was a JPY Bank holiday but I thought I could still trade. I have not looked into why I could not trade yet, I figured I would stop here first. I guess I can try my MBTrading acct.

C.
  • #191,917
  • Jan 10, 2010 8:34pm Jan 10, 2010 8:34pm
Quoting wormboy
Very few come clean when they're wrong sir. Kudos to you for being genuinely honest

Back to the charts. I'd short here tho if it's not for fxcm's server problems.
Did you take it?
Yes sir, but had I consulted your chart I might not have closed with a loss. Thanks for the chart
"Keep your eyes on the helpers" - Mr. Rogers
  • #191,918
  • Jan 10, 2010 8:38pm Jan 10, 2010 8:38pm
I am still on the short side of things...

Albeit I have closed a couple of my lots, I am still holding short.

If we go up again, I will short more...

Yeah, I know, we look like a long chart now, but still below the daily support and I gotta target around 1.6004...so, I gunna play em out.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #191,919
  • Jan 10, 2010 8:38pm Jan 10, 2010 8:38pm
Quoting Ctic
Is that wat that is? I tried to put a trade in myself for short but it told me market was closed. I knew it was a JPY Bank holiday but I thought I could still trade. I have not looked into why I could not trade yet, I figured I would stop here first. I guess I can try my MBTrading acct.

C.
Yes, that's what they told me when I called up.
Had them close my long position since they can't give a estimate duration for the downtime.
Thank You
  • #191,920
  • Jan 10, 2010 8:42pm Jan 10, 2010 8:42pm
Quoting wormboy
Yes, that's what they told me when I called up.
Had them close my long position since they can't give a estimate duration for the downtime.
I just got the same thing from them. Fortunately I had no positions open, but I do see a good short opportunity here for a little bit.
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