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Cable Update (GBPUSD)

  • #209,621
  • Mar 24, 2010 7:47am Mar 24, 2010 7:47am
Quoting wormboy
Kaboom!
and today I am the dead meat
You've ,made enough milk money already mate.

Keep it coming Wormie
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #209,622
  • Mar 24, 2010 7:48am Mar 24, 2010 7:48am
Quoting Faryad
close ur long ?
technically yes. but actually i got stopped out
Thank You
  • #209,623
  • Mar 24, 2010 7:48am Mar 24, 2010 7:48am
Quoting wormboy
Kaboom!
and today I am the dead meat

i am sorry bro i am sure u will make it up
  • #209,624
  • Mar 24, 2010 7:49am Mar 24, 2010 7:49am
Quoting Bull_Bear
You've ,made enough milk money already mate.

Keep it coming Wormie
True .. but i want some more!
How's it going q, you selling?
Thank You
  • #209,625
  • Mar 24, 2010 7:50am Mar 24, 2010 7:50am
Quoting cloggie
Trade your plan, look for a setup and enter a trade, don't jump in because you are tempted...

I am http://img28.imageshack.us/img28/135...uresofconc.jpg Cable, got out with good http://img535.imageshack.us/img535/6710/moneyd.jpg and there is no entry that meets my plan right now, even if http://img532.imageshack.us/img532/5307/pmo2003.jpg drops 50 pips I will not enter.

Am shorting http://img535.imageshack.us/img535/2404/opticfiber.jpg instead...
.
  • #209,626
  • Mar 24, 2010 7:51am Mar 24, 2010 7:51am
Quoting wormboy
lol yea .. preparing for bear party now.
That's the spirit!
  • #209,627
  • Mar 24, 2010 7:51am Mar 24, 2010 7:51am
Stamp duty treshold moved up to 250k, increase of 5% over 1MM. Exact copy of Tory policy.
  • #209,628
  • Mar 24, 2010 7:51am Mar 24, 2010 7:51am
The UK Budget 2010 has had mixed news which is why there isn't a definite market direction yet. It is possible that we will see a delayed reaction later.

I can see support 1.4930 - but the hourly candle must close below the level in order to confirm break of support. But Bears haven't got complete control of this by any means!
"The trend is your friend, until the end."
  • #209,629
  • Mar 24, 2010 7:51am Mar 24, 2010 7:51am
Quoting cloggie
Stamp duty treshold moved up to 250k, increase of 5% over 1MM. Exact copy of Tory policy.
Love the caucus uproar in the background, hah
Thank you Crucial Point, Bleek, Trizzle, Darkstar
  • #209,630
  • Mar 24, 2010 7:52am Mar 24, 2010 7:52am
Quoting chngster
Love the caucus uproar in the background, hah
Yeah, he nicked it from Cameron. British politics is fun, lots of heckling.
  • #209,631
  • Mar 24, 2010 7:54am Mar 24, 2010 7:54am
Quoting wormboy
True .. but i want some more!
How's it going q, you selling?
Yeah buddy, am looking for 1.4800 mate... Finally the biatch has continued its break.

Just closed my long on dragon too.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #209,632
  • Mar 24, 2010 7:55am Mar 24, 2010 7:55am
Sell trade closed for a profit because of the risk of 'stupid' price action due to the buget release comming out.


Pawpaw...
rule1 don't be stupid
rule2 learn to trade
rule3 don't use 'real' account money until you know how to trade

Expanding rule2.... this includes money management ie reducing risk of loss

Expanding rule3... it is ok to test you skills with minimum 'Play' money. If you cannot turn $250 into $500 in a professional trading manner, don't risk your main account.
  • #209,633
  • Mar 24, 2010 7:56am Mar 24, 2010 7:56am
Quoting Bull_Bear
Yeah buddy, am looking for 1.4800 mate... Finally the biatch has continued its break.

Just closed my long on dragon too.
nice bro
guess i'll wait for now, a bit muted tbh.
Thank You
  • #209,634
  • Mar 24, 2010 7:56am Mar 24, 2010 7:56am
Quoting Bull_Bear
Yeah buddy, am looking for 1.4800 mate... Finally the biatch has continued its break.

Just closed my long on dragon too.
hey can we trade skype ids ?

i am short from 4990 too expecting the same 4800 level

you trade a lot like me, i love it
  • #209,635
  • Mar 24, 2010 7:57am Mar 24, 2010 7:57am
Claimant count - a measure of unemployed that excludes many. But this is lower than in Euro zone and US.

Inflation is going up but his fuel duty rise will put inflation up more and business costs it should have been frozen.

Interest rates may not rise at all this year...

All courtesy of Darling!
"The trend is your friend, until the end."
  • #209,636
  • Mar 24, 2010 7:58am Mar 24, 2010 7:58am
Annual debt % of GDP will be reduced from the current 12% to 4% in 2014. Oh dear!
  • #209,637
  • Mar 24, 2010 8:05am Mar 24, 2010 8:05am
Quoting forexlion
hey can we trade skype ids ?

i am short from 4990 too expecting the same 4800 level

you trade a lot like me, i love it
No probs Lion, my skype ID is bull_bear94, send me an invite and I'll accept it. I use to get onto skype but I rarely log on nowadays, maybe catch around sometimes though.

We might trade similiar lion but mate we have different sense of humour
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #209,638
  • Mar 24, 2010 8:07am Mar 24, 2010 8:07am
Quoting Aspire
Sell trade closed for a profit because of the risk of 'stupid' price action due to the buget release comming out.


Pawpaw...
rule1 don't be stupid
rule2 learn to trade
rule3 don't use 'real' account money until you know how to trade

Expanding rule2.... this includes money management ie reducing risk of loss

Expanding rule3... it is ok to test you skills with minimum 'Play' money. If you cannot turn $250 into $500 in a professional trading manner, don't risk your main account.
well, I have managed to stay above my initial $400 investment, moving to 460 and now back down to 420...

so I dont risk more than 4% at a time and my trading is improving. Just my kneejerking thats costing me at the moment...

lost $20 today with kneejerks...

that said, it is a really difficult day with ups and downs and all abouts
@pawpaw1000 on Twitter
  • #209,639
  • Mar 24, 2010 8:12am Mar 24, 2010 8:12am
Paw... I lost alot more than you but I'm happy with what's left... Then again, my account is larger than yours so it's proportionate... good trading anyway.
  • #209,640
  • Mar 24, 2010 8:16am Mar 24, 2010 8:16am
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