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Cable Update (GBPUSD)

  • #219,681
  • Edited 5:24am Apr 20, 2010 5:04am | Edited 5:24am
Hit my SL on my short and I am out. I got it wrong on this occasion, but hey we all do!

I now have a direct DSL connection @work and my MT4 feeds work! It has 8 FWs and 12 AVs

Forexlion - come and find my PC at work if you think you can break into our corporate network. Just a load of BS! I will give you a clue. It has the same f**king name! Come and say hello. buwhahahahahahahaha!

Now work out which company I work for. Give me a name and I will tell you if you are right.
  • #219,682
  • Apr 20, 2010 5:05am Apr 20, 2010 5:05am
Quoting special0nefx
Love letter
@pawpaw1000 on Twitter
  • #219,683
  • Apr 20, 2010 5:06am Apr 20, 2010 5:06am
We may see some pullback but I am looking for a takeout and hold of 5400.

Oil moving Up - Gold moving up= Looking for gold to hold 1145.
AUD in repair as well. Goldman Suchs really f-d the markets up. Not as much the foreign currencies, more equities. Commods were due for a dip. Yet got waaay oversold. IMO
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #219,684
  • Apr 20, 2010 5:08am Apr 20, 2010 5:08am
Hey BB. Are you live trading @ worK? If you don't mind my asking... If I am out of place no need to answer. Maybe you can?
Quoting bbakker
Hit my SL on my short and I am out. I got it wrong on this occasion, but hey we all do!

I now have a direct DSL connection @work and my MT4 feeds work! It has a 8 FWs and 12 AVs

Forexlion - come and find my PC at work if you think you can break into our corporate network. Just a load of BS! I will give you a clue. It has the same f**king name! Come and say hello. buwhahahahahahahaha!

Now work out which company I work for. Give me a name and I will tell you if you are right.
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #219,685
  • Apr 20, 2010 5:10am Apr 20, 2010 5:10am
Quoting lexazver
the question you should be asking is - If i ask for advice on my trades on forums should i trade with real account?....

sorry just the way it is, sharing ideas here is fine but if you find yourself looking for advise it means you are not ready yet this comes from personal experience..

before you entered that trade you should;ve asked youself how much you weere willing to lose then you just set your stop and watch how it plays out.
i have taken short position to the best of my technical knowledge with SL at 5420

with this chart i feel .... the up ward move could get exhausted anytime
now wht do u feel
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd 15min.jpg Size: 131 KB
  • #219,686
  • Apr 20, 2010 5:11am Apr 20, 2010 5:11am
Quoting pawpaw1000
well, been thinking that after that gap there were ALOT of people who went short and would have placed Stops above 5380... Could have just been a move to shake out all the shorts, get the boys long and drop it like its hot?

Or it could've just been that we are still in a bull mode longer term...

Just putting some conspiracy theories out there... Got both s/l's at 5420...

EDIT: BOUNCED REALLY HARD FROM THE 5413 LEVEL!!!

bro ..
you moved your stop from 380 to 390 yesterday. now to 420.
I do mean this in a good way, you have to stop doing that. If you're wrong, you're wrong. Stick to the plan. .
Thank You
  • #219,687
  • Apr 20, 2010 5:12am Apr 20, 2010 5:12am
pawpaw, pls read my latest pm...
  • #219,688
  • Apr 20, 2010 5:14am Apr 20, 2010 5:14am
Quoting free4440273
short 5395
You can be in big trouble, friend. My project's accuracy is improving everyday.
Face both Win and Lose bravely
  • #219,689
  • Apr 20, 2010 5:15am Apr 20, 2010 5:15am
Quoting wormboy
bro ..
you moved your stop from 380 to 390 yesterday. now to 420.
I do mean this in a good way, you have to stop doing that. If you're wrong, you're wrong. Stick to the plan. .
jip, I know... and am gonna pay for it, literally...
@pawpaw1000 on Twitter
  • #219,690
  • Apr 20, 2010 5:15am Apr 20, 2010 5:15am
5445 next ?
  • #219,691
  • Apr 20, 2010 5:16am Apr 20, 2010 5:16am
Righto, but we have moved from the 52s into the 54s in one night. Not bad for the long side. Can you hedge?...
Quoting pawpaw1000
Nah brother, shorted at 5267 already and added at 5360...

So I'm already in for a LOOONG time and am now near my s/l's...
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #219,692
  • Apr 20, 2010 5:17am Apr 20, 2010 5:17am
38.2% of the intrady rise containing the pullback off post data highs @ 6414,...the 1hr screenshot below showing the poteantial upside obstacles top price on this t/f...the red shaded areas are co-existant as obvious near-term previous swing highs on 4hr also and thetop one is co-existant on daily t/f.

Anyone surprised at the rise today after yesterday's daily hammer candle close/4hr bulish engulfing at the lows?

http://i42.tinypic.com/2hekdtw.jpg

The Daily t/f is here

http://i43.tinypic.com/okoe9t.jpg

G/L
ex member
  • #219,693
  • Apr 20, 2010 5:21am Apr 20, 2010 5:21am
I feel for the shorties....

Real painful..
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #219,694
  • Apr 20, 2010 5:21am Apr 20, 2010 5:21am
I'm now short on 1.5418 let's see how this turns out.
  • #219,695
  • Edited 5:40am Apr 20, 2010 5:22am | Edited 5:40am
Quoting free4440273
5350? or 5450

It seems p.a is targetting 5450.Whether it will be sustained is the issue but if it retraces back towards 5390,i think short still in focus.
  • #219,696
  • Apr 20, 2010 5:22am Apr 20, 2010 5:22am
I know it doesnt sound very believable but my stop was not hit by 0.4 pips of course price is still very close to it but my trade is still alive...
  • #219,697
  • Apr 20, 2010 5:23am Apr 20, 2010 5:23am
Quoting bbmac

Anyone surprised at the rise today after yesterday's daily hammer candle close/4hr bulish engulfing at the lows?
No.

10 hrs ago:
1. http://www.forexfactory.com/showpost...stcount=219465

lol
Thank You
  • #219,698
  • Apr 20, 2010 5:23am Apr 20, 2010 5:23am
Quoting wormboy
bro ..
you moved your stop from 380 to 390 yesterday. now to 420.
I do mean this in a good way, you have to stop doing that. If you're wrong, you're wrong. Stick to the plan. .
I was wrong, but I stuck to my plan and it hit my SL! Now looking for the next trade setup!
  • #219,699
  • Apr 20, 2010 5:25am Apr 20, 2010 5:25am
Quoting A-speculator
If you have the luxury to monitor the price, watch how price reacts towards that level. It might be 10pips above or 10 pips below.. Just to be sure that you will get the best price..
Seems like the train has left without me. Should i now be looking to sell say at 5470 considering day range? And cut at 5520?
I have no enemy; I make Incautiousness my Enemy.
  • #219,700
  • Apr 20, 2010 5:26am Apr 20, 2010 5:26am
Quoting wormboy
bro ..
you moved your stop from 380 to 390 yesterday. now to 420.
I do mean this in a good way, you have to stop doing that. If you're wrong, you're wrong. Stick to the plan. .
Bro, i think this thread is lucky to have you onboard bro.. You seem very good at guiding new comers to the right direction (jalan yang lurus ). I'll be happy to help in any way that I can.. every now and then.

Nice to have you here & keep up the good work bro..

Right now I'm waiting for a pullback to either 5380 or 5350.. so right now boring waiting..
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