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Cable Update (GBPUSD)

  • #204,301
  • Mar 8, 2010 1:42pm Mar 8, 2010 1:42pm
Quoting JRoyal
Definitely trade what you see but alot of us are looking at different time frames....
bro i do look at all time and i do trade acording to what i see the trend was down for me the last 2weeks and i did sell the rallies
i will not take any long uless i see a break of the trend and this is my view to me nothing change but i dont hold my trade for long i hit and run with green i dont let the red eat me alive

http://www.forexfactory.com/showpost...stcount=203470
  • #204,302
  • Mar 8, 2010 1:44pm Mar 8, 2010 1:44pm
Quoting kill56
bro i do look at all time and i do trade acording to what i see the trend was down for me the last 2weeks and i did sell the rallies
i will not take any long uless i see a break of the trend and this is my view to me nothing change but i dont hold my trade for long i hit and run with green i dont let the red eat me alive

http://www.forexfactory.com/showpost...stcount=203470
Very well put Kill..Hit and run. Like I say got em green, no reason to give em back.
  • #204,303
  • Mar 8, 2010 1:48pm Mar 8, 2010 1:48pm
Personally I day trade but at times I have open positions based on longer term targets. I think Magix and Nav have different goals and definitions of acceptable risk which is ok as long as both of you are making money.

Let's compare, I've had 17 trades this month. 8 long and 9 short. If anyone wants to know I'll break down the wins and loses but my point is to not compare wins and loses but actual trades to show how different we all are in our trading. Anyone else want to share the # of trades taken in March. Again, you can list winners and losers if you want but the amount is what I'm asking.
  • #204,304
  • Mar 8, 2010 1:49pm Mar 8, 2010 1:49pm
Quoting kill56
bro i do look at all time and i do trade acording to what i see the trend was down for me the last 2weeks and i did sell the rallies
i will not take any long uless i see a break of the trend and this is my view to me nothing change but i dont hold my trade for long i hit and run with green i dont let the red eat me alive

http://www.forexfactory.com/showpost...stcount=203470
I hear you.
  • #204,305
  • Mar 8, 2010 1:49pm Mar 8, 2010 1:49pm
Since 1530 GMT today, Cable has stalemated everybody.

In contrast, during the Asian session both GU and EU puffed and huffed and closed at 5193 and 3685 respectively.

Looks to me there is a hint here as to the short term direction of both pairs especially as today is a news-less day
  • #204,306
  • Mar 8, 2010 1:49pm Mar 8, 2010 1:49pm
Quoting Ctic
Very well put Kill..Hit and run. Like I say got em green, no reason to give em back.
if this 4 hour plays out, goodbye longs
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  • #204,307
  • Mar 8, 2010 1:51pm Mar 8, 2010 1:51pm
Quoting Magix
Really Nav...

Haven't we been down this road?
It is because you chased and lost, and traded with scared money that you were unable to take your demo days and turn them into real money profit...

All the while spewing bullshit.

Ask others, shit even ask DT how he feels about taking his long at 1.5840...following that adding to the shame and loss by adding more positions.

Really, anybody new to market should say, this isn't the way to trade....
trading is about evolving..i have evolved and actually to be honest i only trade certain setups.. i lost money in the past because of trying to be precise...cant be precise in a zero sum game..i learned that the hard way..big players have the money to move the market and anything which is obvious is about gunning the stop

i have only placed 6 trades for the months this year and have no loses and have made over 1k pips..elimate emotion from trading and the game becomes different..i was rude to u and u actually responded in a manner which made me feel bad..so im appolizing

i wish u well
  • #204,308
  • Mar 8, 2010 1:54pm Mar 8, 2010 1:54pm
Quoting nAVIN2007
trading is about evolving..i have evolved and actually to be honest i only trade certain setups.. i lost money in the past because of trying to be precise...cant be precise in a zero sum game..i learned that the hard way..big players have the money to move the market and anything which is obvious is about gunning the stop

i have only placed 6 trades for the months this year and have no loses and have made over 1k pips..elimate emotion from trading and the game becomes different..i was rude to u and u actually responded in a manner which made...
Good job I've placed 17 trades just this month and you've only place 6 all year. No rights or wrongs just different. Cool.
  • #204,309
  • Mar 8, 2010 2:01pm Mar 8, 2010 2:01pm
Quoting JRoyal
Good job I've placed 17 trades just this month and you've only place 6 all year. No rights or wrongs just different. Cool.
thanks buddy..its been an achievement hopefully i shall continue to move forward
  • #204,310
  • Mar 8, 2010 2:08pm Mar 8, 2010 2:08pm
Quoting forexlion
if this 4 hour plays out, goodbye longs

lion i have 130pip from here to 14940 the first line
  • #204,311
  • Edited 2:33pm Mar 8, 2010 2:11pm | Edited 2:33pm
Quoting Ctic

History of longs for the week (past week). Did well overall.
you did well Ctic, you did I keep long since last wednesday , bought @ .5025 , SL @ 4985 and still hoping for upward move, i just cant belive it will go straight down. Not a big loss otherwise. I'm a freshman, and it was like a sightseeing tour to me worth that 40p SL lol.

ok i moved my sl to 5050 with bbands i see it like is going to blow in a moment
  • #204,312
  • Mar 8, 2010 2:13pm Mar 8, 2010 2:13pm
Quoting nAVIN2007
thanks buddy..its been an achievement hopefully i shall continue to move forward

all the luck bro green all the way
  • #204,313
  • Mar 8, 2010 2:15pm Mar 8, 2010 2:15pm
h4 looks sexy
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  • #204,314
  • Mar 8, 2010 2:31pm Mar 8, 2010 2:31pm
Quoting forexlion
if this 4 hour plays out, goodbye longs
Could very well be. As I am flat atm I don't really care what direction it goes. Once I have confirmations, I will hop back in either way, long or short.
  • #204,315
  • Mar 8, 2010 2:31pm Mar 8, 2010 2:31pm
Quoting nAVIN2007
trading is about evolving..i have evolved and actually to be honest i only trade certain setups..
i have only placed 6 trades for the months this year and have no loses and have made over 1k pips..elimate emotion from trading and the game becomes different..
Hi Nav,

Totally agree.

Way to go.
  • #204,316
  • Mar 8, 2010 2:36pm Mar 8, 2010 2:36pm
here we go again nothing to do but ???????
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  • #204,317
  • Mar 8, 2010 2:40pm Mar 8, 2010 2:40pm
Quoting direct-trade
Hi Nav,

Totally agree.

Way to go.

thanks bro
  • #204,318
  • Mar 8, 2010 2:40pm Mar 8, 2010 2:40pm
Quoting kill56
h4 looks sexy
I'm looking at your chart. Could you explain to me what your seeing? I don't know what your colored lines mean so I'm just trying to get an idea of how your thinking.
  • #204,319
  • Mar 8, 2010 2:54pm Mar 8, 2010 2:54pm
Quoting JRoyal
I'm looking at your chart. Could you explain to me what your seeing? I don't know what your colored lines mean so I'm just trying to get an idea of how your thinking.

bro the green lines show me the trend down

the blue line is the top of the trend it was 15200 which is line no 1 red no 2 is where i see it going 14940 no. 3 red is the target if we break no 2 which is the bottom of the square i might be wrong
  • #204,320
  • Mar 8, 2010 3:07pm Mar 8, 2010 3:07pm
JR tell what u see on daily chart
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