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Cable Update (GBPUSD)

  • #193,441
  • Jan 15, 2010 5:05am Jan 15, 2010 5:05am
Quoting manize
Ha... ha.. ha... yesterday this trouble maker just only gave me 10 pips seating more than 6 hours !!
Now re-tested 250 pips all trades opened this morning!
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy.jpg Size: 39 KB
"Hate the sin, love the sinner." - Gandhi
  • #193,442
  • Jan 15, 2010 5:10am Jan 15, 2010 5:10am
Hi there BB

Hope you are well.Been a while since I have posted on here, on the ride south...missed the 350 perfect entry level...but Im up about 40 pips at the moment, just wondering, looking at the daily charts, she has hit the 50 fib beautifully, now my question is what have you set as a target?

Cheers!
  • #193,443
  • Jan 15, 2010 5:10am Jan 15, 2010 5:10am
Quoting Bull_Bear
Does this remind you of what you do here?

http://www.youtube.com/watch_popup?v=hjuMlolaKo4#t=275
ahh now i understand how the markets work 4 years of studing reading books winning and losing money and al it took was two cronies sing a half rap song dressed like porn stars to understand it
  • #193,444
  • Jan 15, 2010 5:15am Jan 15, 2010 5:15am
Quoting antic81
Hi there BB

Hope you are well.Been a while since I have posted on here, on the ride south...missed the 350 perfect entry level...but Im up about 40 pips at the moment, just wondering, looking at the daily charts, she has hit the 50 fib beautifully, now my question is what have you set as a target?

Cheers!


Quoting Bull_Bear
TP did not hit but closed manually at 1.6335 instead +61.

Sell 1.6335.. SL.. 1.6490.. TP 1.6190

Catch you in the London session
I have another trade at the top 1.6350.... TP is 1.6190 for 1 trade other trade, I've yet to look into for a TP.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #193,445
  • Jan 15, 2010 5:16am Jan 15, 2010 5:16am
Quoting bags1
ahh now i understand how the markets work 4 years of studing reading books winning and losing money and al it took was two cronies sing a half rap song dressed like porn stars to understand it
LOL... but they make alot of sense if you listen closely to their lyrics.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #193,446
  • Jan 15, 2010 5:16am Jan 15, 2010 5:16am
Quoting TheGabriel
Now re-tested 250 pips all trades opened this morning!
Wouw ....
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #193,447
  • Jan 15, 2010 5:17am Jan 15, 2010 5:17am
Closed all my trades and GBPUSD too, I'll re-enter at the top of the small up correction but better see how develops now.
"Hate the sin, love the sinner." - Gandhi
  • #193,448
  • Jan 15, 2010 5:19am Jan 15, 2010 5:19am
Quoting Bull_Bear
LOL... but they make alot of sense if you listen closely to their lyrics.
Makes lots of sense for sure.

Quoting bags1
ahh now i understand how the markets work 4 years of studing reading books winning and losing money and al it took was two cronies sing a half rap song dressed like porn stars to understand it
By the way 90% of the books are crap anyway...theories and things... If I had an old trader (with some old school experience) that wasn't trading all the indicators crap to teach me how to trade only by using price on naked charts I'm sure i wouldn't have hit margins like I did.
"Hate the sin, love the sinner." - Gandhi
  • #193,449
  • Jan 15, 2010 5:23am Jan 15, 2010 5:23am
Quoting TheGabriel
Cable will soon come down, i will tell you tomorrow for sure what will happen
Man I really admire your confidence!! Very usefull posts!! G/L!
  • #193,450
  • Jan 15, 2010 5:24am Jan 15, 2010 5:24am
Quoting TheGabriel
Closed all my trades and GBPUSD too, I'll re-enter at the top of the small up correction but better see how develops now.
Congratz, stuck at R1, I close too !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #193,451
  • Jan 15, 2010 5:24am Jan 15, 2010 5:24am
so far so good trades according to yesterday's lines. at this very moment the upper line is moved a little bit up (last night's high). details for everybody on my blog, as always and thanks for e-mails. i am trying to answer to all of them.
Attached Image (click to enlarge)
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  • #193,452
  • Jan 15, 2010 5:25am Jan 15, 2010 5:25am
Quoting Bull_Bear
I have another trade at the top 1.6350.... TP is 1.6190 for 1 trade other trade, I've yet to look into for a TP.

Many thanks buddy!
  • #193,453
  • Jan 15, 2010 5:26am Jan 15, 2010 5:26am
Quoting Bull_Bear
LOL... but they make alot of sense if you listen closely to their lyrics.
the thing we always forget

BASICS
  • #193,454
  • Jan 15, 2010 5:29am Jan 15, 2010 5:29am
Quoting TheGabriel
Makes lots of sense for sure.


By the way 90% of the books are crap anyway...theories and things... If I had an old trader (with some old school experience) that wasn't trading all the indicators crap to teach me how to trade only by using price on naked charts I'm sure i wouldn't have hit margins like I did.
i agree
same story as most paid for useless courses spent hours lokking for the perfect system
now same naked Pa and fibs that is all
  • #193,455
  • Jan 15, 2010 5:29am Jan 15, 2010 5:29am
Quoting maurofx
Man I really admire your confidence!! Very usefull posts!! G/L!
Ty bro...a quote from Warren Buffet (that he read in a book) is that "the market is here to serve us"....so we should not be afraid of the market but instead we should keep using it for our own interest. It's so simple but we forget it with our losses....
"Hate the sin, love the sinner." - Gandhi
  • #193,456
  • Jan 15, 2010 5:30am Jan 15, 2010 5:30am
Latest PA need to breach 16240 lvl for price to retrace.... AND even if this level is breached.... it will not be a direct freefall down BUT need to PB mabbe to 16320 lvl before continuing its retracement southward. Not much chance of that happening today being a Friday....

GL and cheers.......dont forget your road signs....
  • #193,457
  • Jan 15, 2010 5:30am Jan 15, 2010 5:30am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Hi BB,

Me as well..Can't afford that now. Almost got bankrupt when played with 10 lots last year

Played my first trade of the year matey holding short from 162700, 163500.
Always watch this thread for fun but contribution is mainly on DT's thread.

I reckon you are having a good start of the year?


ta
ams




Quoting Bull_Bear
Too rich for me AMS... lol

Whats kicking dude?
  • #193,458
  • Jan 15, 2010 5:32am Jan 15, 2010 5:32am
Quoting bags1
the thing we always forget

BASICS
Thats exactly right KIS.... Keep it Simple

Your charts, your analysis, your trading plan.

Use a few rules that works and follow it.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #193,459
  • Jan 15, 2010 5:33am Jan 15, 2010 5:33am
Quoting bags1
i agree
same story as most paid for useless courses spent hours lokking for the perfect system
now same naked Pa and fibs that is all
100 agree.... they make more money selling courses than most of the traders that actually trade (not like them). Look unless you have big experience trading with results you can show, if you just sell books 1 each year and do courses i don't think you're a trader.

I don't think Buffet and Soros will do courses & sell books as job anytime soon.
"Hate the sin, love the sinner." - Gandhi
  • #193,460
  • Jan 15, 2010 5:33am Jan 15, 2010 5:33am
Quoting ams
Hi BB,

Me as well..Can't afford that now. Almost got bankrupt when played with 10 lots last year

Played my first trade of the year matey holding short from 162700, 163500.
Always watch this thread for fun but contribution is mainly on DT's thread.

I reckon you are having a good start of the year?


ta
ams
Can you post link to DT's thread
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