news in 3m UK CPI
Cable Update (GBPUSD)
- #200,421
- Feb 18, 2010 4:59am Feb 18, 2010 4:59am
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts
- #200,422
- Feb 18, 2010 5:06am Feb 18, 2010 5:06am
- | Commercial User | Joined Jan 2010 | 3,733 Posts
[color=Blue]I told you i have my position in, when the time is right u would hear this same people is this room talking about LONG, just give it sometime, fx is all about time. I indicated this fall from 15770, some called it a joker, so while some are giving it a different name, why don't i just have a little rest and be back in Asian time. I trade purely technical, so that is my strength, follow all the news, leave me with the trends hahahahahaha. Anyway as you asked yes i have my position opened and as i said i am looking forward to the following...
I noticed that my biggest problem is in giving time to the trade to develop properly, which just leads to some premature exit with a bunch of few pips (usually some retracement hit my SL moved to BE) and couple of hours after i see that i would be in the money with about 50 pips. Plus (no offence for anybody) somebody tend to SCREAM their positions over and over again so if i have some trade in mind (or already goin on) which is otherwise, then i either stop my trade (maybe with some loss) or just don't take the trade. anyway, it's good to see somebody which stick to his position (either good or bad), and when i will be able to do it, probably that is the difference between a good trader or a bad one
I don't want a job, i want money!
- #200,424
- Feb 18, 2010 5:15am Feb 18, 2010 5:15am
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts
CPI was Tuesday...there is no UK on the forex calendar - are you sure??
bro go to fxstreet and u will find it just came out -36
- #200,425
- Feb 18, 2010 5:19am Feb 18, 2010 5:19am
- | Joined Aug 2009 | Status: Save our Children's Save our Future | 1,124 Posts
hope this cable going up....too soon take long just now....
)
I will be the number one Manager.
- #200,427
- Feb 18, 2010 5:23am Feb 18, 2010 5:23am
In fx you need to have a strategy. If you have back tested it for GOD knows how long and it works 75% well, it doesn't matter what anyone in any forum, chat room or even warren B himself would tell me that would make me change my position, you should have key area's possibly indicator's that work's and like i said u have back tested it. Don't be fooled by anyone's trading syle, what you looked at that gave yu an entry may differ from all others in this room, what you saw in 4hrs someone trading 5mins would not see it in over 4-8hrs. So have a trading syle, back test it, perfect some particular time frame, look for indicators that fit your style. I told someone i use macd yesterday and he was furious, i told him we would hit this low and he laughed, today his not online trading. You know why? cause alot lost money yesterday. You need more details ping me on ym pipssignal, i would be able to assist you with some of my basic trading idea's and some materials.
I noticed that my biggest problem is in giving time to the trade to develop properly, which just leads to some premature exit with a bunch of few pips (usually some retracement hit my SL moved to BE) and couple of hours after i see that i would be in the money with about 50 pips. Plus (no offence for anybody) somebody tend to SCREAM their positions over and over again so if i have some trade in mind (or already goin on) which is otherwise, then i either stop my trade (maybe with some loss) or just don't take the trade. anyway, it's good to see somebody...
- #200,429
- Feb 18, 2010 5:35am Feb 18, 2010 5:35am
are you bearish...
theres a +3 improvement since last month
UK MANUFACTURING PRODUCTION EXPECTED TO EDGE HIGHER - CBI
Export orders continue to improve, but total demand remains weak
http://www.cbi.org.uk/ndbs/press.nsf...3?OpenDocument
theres a +3 improvement since last month
UK MANUFACTURING PRODUCTION EXPECTED TO EDGE HIGHER - CBI
Export orders continue to improve, but total demand remains weak
http://www.cbi.org.uk/ndbs/press.nsf...3?OpenDocument
bro go to fxstreet and u will find it just came out -36
- #200,430
- Edited 5:49am Feb 18, 2010 5:39am | Edited 5:49am
- Joined Apr 2008 | Status: Trader | 9,414 Posts
Thanks Magix. Nice trading btw bro, good stuff
Yup, currently my new long position is underwater by roughly +-15 pips. 5603 is my line in the sand tho, if price can manage to close below, I will reverse my position and begin selling. Let's see what today brings.
Good luck
welcome back to both of u
This another reason to say this is good thread
My 1h chart we are in support area blue line 1.5590 , 15540 let's watch
- #200,431
- Feb 18, 2010 5:40am Feb 18, 2010 5:40am
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts
- #200,432
- Edited 5:56am Feb 18, 2010 5:43am | Edited 5:56am
- | Joined Aug 2009 | Status: Save our Children's Save our Future | 1,124 Posts
anybody knows??? 
if someone 'buy' - so must be someone else don't know who and where make 'sell' order, and the other hand....
for that, some times i wonder...,just said right now it is so bearish...,so who is so stupid 'buy' and make 10.00 GMT up for an hour ?? some one must make buy order so the 10.00 GMT going up right? or i wrong?
if someone 'buy' - so must be someone else don't know who and where make 'sell' order, and the other hand....
for that, some times i wonder...,just said right now it is so bearish...,so who is so stupid 'buy' and make 10.00 GMT up for an hour ?? some one must make buy order so the 10.00 GMT going up right? or i wrong?
I will be the number one Manager.
- #200,433
- Feb 18, 2010 5:48am Feb 18, 2010 5:48am
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts
You guys made me nerves
This another reason to say this is good thread
welcome back to both of u
My 1h chart we are in support area blue line 1.5590 , 15540 let's watch
hey bro how are u
this daily cable to me we r going deep south what u see bro
- #200,434
- Feb 18, 2010 5:55am Feb 18, 2010 5:55am
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts
- #200,435
- Feb 18, 2010 5:56am Feb 18, 2010 5:56am
- Joined Apr 2008 | Status: Trader | 9,414 Posts
hey bro how are u
this daily cable to me we r going deep south what u see bro
Ranging between 2 support level i mention In my chart blue lines
then retrace up
But when we look to 4h or daily we see every time we go in good resistant area we fall the question can we retrace much higher or we will keep going fall much
BTW in my chart and my broker Yearly PVT 1.57 |Watch 10 last days|
- #200,436
- Feb 18, 2010 5:58am Feb 18, 2010 5:58am
1.5623/30 !
Need to have systematic Exit Plan, Cut the Lost like helo when your strategy said so. It is not burshing yr account.
Face both Win and Lose bravelyroom plz get along and no more bullshittt plz who call long or short no matter we all are here to learn and make money be happy and have fun