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Cable Update (GBPUSD)

  • #226,401
  • May 13, 2010 2:00pm May 13, 2010 2:00pm
looks as we going to attack the low.31
  • #226,402
  • May 13, 2010 2:10pm May 13, 2010 2:10pm
Quoting 4xStar
Well I would prefer the London open but I live in Texas so that does not really work out well .. the second best time seems to be from about 6-7 am to 12 east coast time. Lately I've been watching the Tokyo open and seeing some nice setups in the hour or two following that.
I hear ya. I'm in the boondocks known as North Carolina. I try to get up around 5am but it's too tough sometimes. Espically if I've been up trading the aussie breakouts.

You gotta be f*&k*ng me!!! PA just wen't down to where I could've pretty much broke even!!! Again, Lesson learned, but I am super pissed at myself!!!
  • #226,403
  • May 13, 2010 2:15pm May 13, 2010 2:15pm
usa market making lows of the day sending gu down
  • #226,404
  • May 13, 2010 2:15pm May 13, 2010 2:15pm
Quoting Ineedpips9
You gotta be f*&k*ng me!!! PA just wen't down to where I could've pretty much broke even!!! Again, Lesson learned, but I am super pissed at myself!!!
Man, that HAPPENED to me all the time. Few very bad trades where I've done the wrong things.

Best advice I can offer right now:
1. Dont try to jump on another trade to get back any losses
2. Dont follow blindly anyone elses trades, make sure you know why they are doing it and you agree
3. Read magix thread, try his system on DEMO and see how you do
4. Stop trading live for a while

Trust me, I've been there (as many on here probably have too), and being emotional about it will not help matters, you will just end up worse by doing another bad trade, or doing a lucky good one and getting over confident (again, been there myself).

Step back, calm down, read magix, bbakker, cloggie, bull_bear, diggers, kill56's stuff (there are others, too many to name, but you can pick up on the names of the guys who know what they are doing!).

GL!
Back to basics, it has to be for me!
  • #226,405
  • May 13, 2010 2:27pm May 13, 2010 2:27pm
Quoting BadTradingFi
Man, that HAPPENED to me all the time. Few very bad trades where I've done the wrong things.

Best advice I can offer right now:
1. Dont try to jump on another trade to get back any losses
2. Dont follow blindly anyone elses trades, make sure you know why they are doing it and you agree
3. Read magix thread, try his system on DEMO and see how you do
4. Stop trading live for a while

Trust me, I've been there (as many on here probably have too), and being emotional about it will not help matters, you will just end up worse by doing another bad...
Yea I've pretty much been doing that, it's just a small mental error (forgetting to put the stupid sl and tp on) that ended up causing a really big problem. Thanks to magix,kill,cloggie,bbaker,etc., I've learned more in the past two months than the previous six combined. Seriously, I can't thank them enough!!! It's just really frustrating to set up a plan, follow the plan, and because of my careless mistake see all those hour's work disappear in what seems like the blink of an eye.Then see I now could've actually made some greenies had i kept the mistake open.

Cable is one horse that's stubborn and doesn't wanna be controlled for newbies.Patience and persitance is the name of the game if you ask me, but what do I know.
  • #226,406
  • May 13, 2010 3:08pm May 13, 2010 3:08pm
I'm hoping & a praying...

Taking a Long up in here-

The drop was from what 1.4916 to now=
300 Big Pip's...

A tad bit of a retrace please, before Asia?
-w/@ least a "touch" of the 24 sma on m5,
or A 23.6 would be sweet.

-Not a suggestion in this harry world.
We'll See... !
Best of Pipping,

Jeff
I will work to Objectively Identify my Edges
  • #226,407
  • May 13, 2010 3:19pm May 13, 2010 3:19pm
Dear Malcolmb,

Hope you can read this post.
Please, if you can, Have a look at EU monthly chart and apply your EW counts on it and share your results with us.

IT IS TERRIBLE
  • #226,408
  • Edited 3:37pm May 13, 2010 3:24pm | Edited 3:37pm
Quoting TerpFan2
I'm hoping & a praying...

Taking a Long up in here-

The drop was from what 1.4916 to now=
300 Big Pip's...

A tad bit of a retrace please, before Asia?
-w/@ least a "touch" of the 24 sma on m5,
or A 23.6 would be sweet.

-Not a suggestion in this harry world.
We'll See... !
Best of Pipping,

Jeff
Hoping and praying has never made anyone any money, especially jumping on the tracks in front of a speeding train, hoping and praying the points miraculously switch tracks before you get splattered on the front of said train.

But then again, the PA has reached the bottom of my screen on the hourly so it is running out of room.

Any other volunteers for the smelly finger brigade?


Coat, hat, door.
  • #226,409
  • May 13, 2010 3:37pm May 13, 2010 3:37pm
Quoting Magix
You are the Master Nutter.

Keep crushing them Hitman!


learn from the best
  • #226,410
  • May 13, 2010 3:43pm May 13, 2010 3:43pm
hi all

i hope there is no damage and greeny for all do we have any more cam's left
  • #226,411
  • May 13, 2010 3:44pm May 13, 2010 3:44pm
Quoting cloggie
Hoping and praying has never made anyone any money, especially jumping on the tracks in front of a speeding train, hoping and praying the points miraculously switch tracks before you get splattered on the front of said train.

But then again, the PA has reached the bottom of my screen on the hourly so it is running out of room.

Any other volunteers for the smelly finger brigade?


Coat, hat, door.
u target is soo close 14400
  • #226,412
  • May 13, 2010 3:46pm May 13, 2010 3:46pm
Quoting cloggie
Hoping and praying has never made anyone any money, especially jumping on the tracks in front of a speeding train, hoping and praying the points miraculously switch tracks before you get splattered on the front of said train.

But then again, the PA has reached the bottom of my screen on the hourly so it is running out of room.

Any other volunteers for the smelly finger brigade?

Coat, hat, door.
-Right you are Cloggie...
Right you are
I will work to Objectively Identify my Edges
  • #226,413
  • May 13, 2010 3:51pm May 13, 2010 3:51pm
this was too sexy fun nice and greeny honey too
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 5m cable n.gif Size: 17 KB
Click to Enlarge Name: h1 cable.gif Size: 24 KB
  • #226,414
  • May 13, 2010 3:53pm May 13, 2010 3:53pm
Quoting kill56
this was too sexy fun nice and greeny honey too
Yeah, I closed some, still running a bit to the end
  • #226,415
  • May 13, 2010 3:53pm May 13, 2010 3:53pm
hello master..
i buy gu at 4681 and 4634...
but dont know where to put SL..
master plz help me...
my MM is under control..
but geting hard time to put SL..
Revesal Trader
  • #226,416
  • May 13, 2010 4:06pm May 13, 2010 4:06pm
Quoting mygoldenpips
hello master..
i buy gu at 4681 and 4634...
but dont know where to put SL..
master plz help me...
my MM is under control..
but geting hard time to put SL..
my stop's are at ~4580
  • #226,417
  • May 13, 2010 4:06pm May 13, 2010 4:06pm
Quoting mygoldenpips
hello master..
i buy gu at 4681 and 4634...
but dont know where to put SL..
master plz help me...
my MM is under control..
but geting hard time to put SL..


try 12587
  • #226,418
  • May 13, 2010 4:08pm May 13, 2010 4:08pm
Quoting primasoldi
my stop's are at ~4580
That shouldn't take too long
  • #226,419
  • May 13, 2010 4:08pm May 13, 2010 4:08pm
Quoting kill56
try 12587

Salam Ya kill
  • #226,420
  • May 13, 2010 4:13pm May 13, 2010 4:13pm
Quoting Baby-Trader

Salam Ya kill

salam 3al za3eeem


how are bro

eu is going to 12000 sooner than we thought
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