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Cable Update (GBPUSD)

  • #210,701
  • Mar 26, 2010 9:00am Mar 26, 2010 9:00am
Quoting solrac
Stopped out.... All blxxdy day wainting to enter short and it only lasted me 7 mins,,,,,,
It sounds you go in with a very tight SL. You need to give your position some more breathing space. You should only use a tight SL if scalping.
  • #210,702
  • Mar 26, 2010 9:00am Mar 26, 2010 9:00am
Quoting Jemmy
Hi java..

any trades open?
been scalping today so can't see thread frequently...,
not bad 2 time entry each about 40 pips...now this is my last trade for this week, 1 open @1.4845, i will let it go or zero...,


hope green pips for you jem...,
I will be the number one Manager.
  • #210,703
  • Mar 26, 2010 9:00am Mar 26, 2010 9:00am
its friday hit the darn b;;;;;;;;;;;;;;;;;;;;;h and run
  • #210,704
  • Mar 26, 2010 9:01am Mar 26, 2010 9:01am
Quoting cloggie
That was what I said to the Mrs last night before the bed broke, will be quick and easy honey, just like a needle sting.

  • #210,705
  • Mar 26, 2010 9:01am Mar 26, 2010 9:01am
Quoting cloggie
Did you put your SL below the DP? There was every chance she was going to get tested again. Also be careful whose trade calls you follow here, if any. Some of us can handle large pip retracement with no ill effect.
My SL was 30 pips above my short . so thought might give me enough room as it was 30 mins after NY opening,,,clearly not!!!!!! 30 pips wasted in 7 mins man ,,,,,, depressing really
  • #210,706
  • Mar 26, 2010 9:01am Mar 26, 2010 9:01am
Quoting wormboy
not for you. with you.
dont worry
its called the denial phase.

2 hours from now will be the shock phase

I SEE YOU !!
  • #210,707
  • Mar 26, 2010 9:03am Mar 26, 2010 9:03am
Quoting cloggie
Wormy, turn the gas down a bit, we need to simmer him, not burn him.
roger that
Thank You
  • #210,708
  • Mar 26, 2010 9:03am Mar 26, 2010 9:03am
Quoting solrac
My SL was 30 pips above my short . so thought might give me enough room as it was 30 mins after NY opening,,,clearly not!!!!!! 30 pips wasted in 7 mins man ,,,,,, depressing really

Don't try to use fixed stops, find the next support or pivot or trendline and put your stops above it that way you only get stopped out if the PA reverses, any fluctuations between S/R's, TL's and pivots is just normal.
  • #210,709
  • Mar 26, 2010 9:05am Mar 26, 2010 9:05am
Quoting cloggie
Don't try to use fixed stops, find the next support or pivot or trendline and put your stops above it that way you only get stopped out if the PA reverses, any fluctuations between S/R's, TL's and pivots is just normal.
This one of the worst pair to trade.
  • #210,710
  • Mar 26, 2010 9:05am Mar 26, 2010 9:05am
Quoting dbfusion
dont worry
its called the denial phase.

2 hours from now will be the shock phase

I'll bring the taser
Thank You
  • #210,711
  • Mar 26, 2010 9:06am Mar 26, 2010 9:06am
don't ever underestimate a person who comes in a bear camp telling them they are all gonna be stoped out !

you should't know that he has balls of steel to do that .
I SEE YOU !!
  • #210,712
  • Mar 26, 2010 9:06am Mar 26, 2010 9:06am
Got stopped at BE, just above the DP, looking for next entry to short.
  • #210,713
  • Mar 26, 2010 9:06am Mar 26, 2010 9:06am
Quoting cloggie
Don't try to use fixed stops, find the next support or pivot or trendline and put your stops above it that way you only get stopped out if the PA reverses, any fluctuations between S/R's, TL's and pivots is just normal.
well I'm in with a short at 84 and s/l at 1.4935 and t/p 4350

hows that for R:R!!!
@pawpaw1000 on Twitter
  • #210,714
  • Mar 26, 2010 9:07am Mar 26, 2010 9:07am
so the shock phase started now

I wonder how much time it will take you to realize it

loooooooooooooooooool
I SEE YOU !!
  • #210,715
  • Mar 26, 2010 9:07am Mar 26, 2010 9:07am
Quoting stunna29
This one of the worst pair to trade.

Cable is a pussycat, she does swing more violently at times then for example fibre or swissy pairs, but that is the attraction. Just don't step on her tail.
  • #210,716
  • Mar 26, 2010 9:08am Mar 26, 2010 9:08am
Quoting stunna29
This one of the worst pair to trade.
LOL..the GU is the new GJ. GU trades like the GJ use to. Fixed stops provoke the broker.LOL . Use emergency stops and have finger on trigger to exit where you want.
  • #210,717
  • Mar 26, 2010 9:09am Mar 26, 2010 9:09am
Quoting dbfusion
so the shock phase started now

I wonder how much time it will take you to realize it

loooooooooooooooooool
were just throwing out some of the trash before we go DOWN!

by trash I mean us small time players
@pawpaw1000 on Twitter
  • #210,718
  • Mar 26, 2010 9:09am Mar 26, 2010 9:09am
Quoting pawpaw1000
well I'm in with a short at 84 and s/l at 1.4935 and t/p 4350

hows that for R:R!!!

Don't go catching falling knives as an impulse entry, let her settle down first and tell you where she is going.
  • #210,719
  • Mar 26, 2010 9:09am Mar 26, 2010 9:09am
A bull on a wonderful bear party. Hope he will go home before 1,4912.
  • #210,720
  • Mar 26, 2010 9:10am Mar 26, 2010 9:10am
Quoting cloggie
Got stopped at BE, just above the DP, looking for next entry to short.
I think it is best if i went to have a walk ,,,,,, been looking at this screen for too long today,,,, need some fresh air to clear my brain !!!!!!!!!!!!!!!!!
thanks guys for your advise
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