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Cable Update (GBPUSD)

  • #227,061
  • May 17, 2010 2:23pm May 17, 2010 2:23pm
Quoting The Magician
short at 475. would be surprised if this had momentum to send it much higher today. Expecting S2 to act as resistance and send it lower. Might well be wrong, but hey, what the hell!

Yes u r right, I have done the same but at 1.4460. Maybe by the end of this week we can see a huge win
  • #227,062
  • May 17, 2010 2:26pm May 17, 2010 2:26pm
Quote
ARGH!!! Bloody IG index, what a waste of space! Tried to edit a position as it was approaching my stop and it mysteriously froze up, resulting in a whacking great loss that would have been avoidable but for another pip or two. Always happens with IG, crappy crap! moving elsewhere now.

Agree... I hate IG. I have been using them for a few months and it seems to be getting worse. I get repriced all the time and there charting software is terrible when trying to change orders. I'm currently shopping for new brokers to move to .
  • #227,063
  • May 17, 2010 2:45pm May 17, 2010 2:45pm
Quoting The Magician
ARGH!!! Bloody IG index, what a waste of space! Tried to edit a position as it was approaching my stop and it mysteriously froze up, resulting in a whacking great loss that would have been avoidable but for another pip or two. Always happens with IG, crappy crap! moving elsewhere now.
feel the same way ..... been having issues with them every now and then ... like getting kicked out when closing a position for a profit and coming back in and having to take a loss. when you find a good new home, let me know .. I may want to follow =)
  • #227,064
  • May 17, 2010 2:49pm May 17, 2010 2:49pm
Quoting kasper
feel the same way ..... been having issues with them every now and then ... like getting kicked out when closing a position for a profit and coming back in and having to take a loss. when you find a good new home, let me know .. I may want to follow =)
guys,,, they all do shit like that,, try moving s/l closer to the price when feeling trade's going against u,, perhaphsthey'll allow that,, methinks...
  • #227,065
  • May 17, 2010 2:49pm May 17, 2010 2:49pm
calling Dr. Jones

Quoting egkid
My mistake i was always use same low risk even at high set up that why my capital grow small so i raise my risk with high set up and now i got real money
http://www.youtube.com/watch?v=buXJlBd3Mf8
"The real genius is knowing when to stop." - Marc Faber
  • #227,066
  • May 17, 2010 2:50pm May 17, 2010 2:50pm
Quoting kasper
feel the same way ..... been having issues with them every now and then ... like getting kicked out when closing a position for a profit and coming back in and having to take a loss. when you find a good new home, let me know .. I may want to follow =)
exactly, that's happened to me one time too many! I hear trade fair is good, but I'll be moving to capital spreads first as I already have a demo with them, only 2 pips spreads and they'll give you a hundred quid when joining. Easy to work.
  • #227,067
  • May 17, 2010 3:13pm May 17, 2010 3:13pm
I think it will drop to .4390 one more time at Asian ...
  • #227,068
  • May 17, 2010 3:19pm May 17, 2010 3:19pm
Quoting allserene
You must believe everything you read on the internet otherwise you will never increase your understanding
Al, the problem is that people choose what to believe.

There are several trade systems and scads of traders that post here at the FF, some good, some, well, not so much. A lot of folk still try to pick bottoms and tops, sitting out good trades in order to take bad ones.

SCUBA TRADING.

That's probably the best way of describing it. Trades that spend longer underwater then do above, let's call that and them Scuba.

I have published a few ideas and ways for others to profit from market and of course still working through things myself always learning always gaining.

There was a bit of a possibility that Doc Voodoo aka fourxtrader posted a while back, along the lines of what is possible from just adding to an account at 10% per day. Really, the end of what is possible does boggle the mind, so much so that I really don't believe that others can see this as possible, but more of a pipe dream.

Just over a week ago, I posted a new template on my thread, 1sc.tpl, inviting others to try and offered for the Grand Old Price of FREE!

Starting Sunday of last week, I have dedicated a Micro account to trading just off this one system, not for bragging rights, but to show others what is actually possible under controlled and systematic regular gains. I will not share my main accounts with you, but as I am putting together a PDF for my trade system and had planned on using this account as an example, will include a screen shot.

Notice the dates circled, 05/09/2010 to 05/17/2010.

In truth, I have only traded this account for 4 days, I do have a few other irons in the fire and still work full time, but lets go under the assumption that this is full market week trading. Take the math, $.10/pip, starting balance of 253.79, realized gains 152.47 giving a total of $406.25. Yes, I realize that gaining $150 on an account is really not altogether that impressive, really only 15 pips on standard, but this is micro, keeping in mind that all of the same trade rules and money management ideals are kept in mind, this is still a net gain of 1500 pips on just over a weeks worth of trading.

OF course people that fail to gain weekly have a hard time conceptually believing what is possible, and when I am finished with my target on this account, I will publish the full results, hopefully this will open some eyes to trading the trend instead of swimming with the fish.

The gains on this account, are not and were not included in my previous post of 1339, this total was on my main trade account, was spread over 4 of the major pairs, GU, EU, EJ, GJ, and again, traded under the same 1sc.tpl template.

Attached Image (click to enlarge)
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #227,069
  • May 17, 2010 3:40pm May 17, 2010 3:40pm
I actually made the same amount last week, but lost half of it today
  • #227,070
  • May 17, 2010 3:56pm May 17, 2010 3:56pm
Quoting Magix
Al, the problem is that people choose what to believe.

There are several trade systems and scads of traders that post here at the FF, some good, some, well, not so much....
wise man the 1sc tamp. is good for a few cans of milk u dont have to prof to any body if its working or not a few here know how it works and they do make money of it
my advice to any body who wanna learn how to use it put it on a demo acc. till u master it then move to the real crackforex
  • #227,071
  • May 17, 2010 3:57pm May 17, 2010 3:57pm
Quoting reaperunique
I actually made the same amount last week, but lost half of it today
can u plz tell us why did u lose half
  • #227,072
  • May 17, 2010 4:03pm May 17, 2010 4:03pm
voodoo boodoo is the sh&t. period.

Quoting Magix
Al, the problem is that people choose what to believe.

There are several trade systems and scads of traders that post here at the FF, some good, some, well, not so much. A lot of folk still try to pick bottoms and tops, sitting out good trades in order to take bad ones.

SCUBA TRADING.

That's probably the best way of describing it. Trades that spend longer underwater then do above, let's call that and them Scuba.

I have published a few ideas and ways for others to profit from market and of course still working through things myself always...
"The real genius is knowing when to stop." - Marc Faber
  • #227,073
  • May 17, 2010 4:04pm May 17, 2010 4:04pm
room

i have a suggestion why not share with the room what went wrong with u why did u lose in this way we all might banfit from it
  • #227,074
  • May 17, 2010 4:09pm May 17, 2010 4:09pm
Quoting hhitch
voodoo boodoo is the sh&t. period.

how are u bro

its voodoo boodoo not doodoo
  • #227,075
  • May 17, 2010 4:12pm May 17, 2010 4:12pm
I'm good man! milk & honey you know the deal, best to you bro

Quoting kill56
how are u bro

its voodoo boodoo not doodoo
"The real genius is knowing when to stop." - Marc Faber
  • #227,076
  • May 17, 2010 4:15pm May 17, 2010 4:15pm
room on the attachment next to the page no. u will find all the files indis

that ppl upload te see the files click on hide images




http://www.forexfactory.com/misc.php...0378&hideimg=1
  • #227,077
  • May 17, 2010 4:19pm May 17, 2010 4:19pm
Quoting kill56
can u plz tell us why did u lose half
I was hung up with selling that I didn't notice we were in an upward movement until it was too late. I kept selling but Price kept going up. And I was getting angry because I didn't understand why it went up. Ofcourse now that I look back I know I should have seen it. I really don't know why I did what I did ... >_>

This is also my main problem, I tend to forget my own rulez.
  • #227,078
  • May 17, 2010 4:28pm May 17, 2010 4:28pm
Quoting reaperunique
I was hung up with selling that I didn't notice we were in an upward movement until it was too late. I kept selling but Price kept going up. I really don't know why I did what I did ... >_> This is also my main problem, but at least I still have my money. That is something I learned at last. How to survive (longer)

And I need to stick with ma plan, eventhough I have a sticky note on my desktop, I tend to forget that from time to time.

will i think to average u position on cable not less than 70-100pips if u wanna stay with it i like to put SL on S/R lines dont like to see too much red pips
  • #227,079
  • May 17, 2010 5:51pm May 17, 2010 5:51pm
quiet in her lads...........

greeenie too lal......
  • #227,080
  • May 17, 2010 6:10pm May 17, 2010 6:10pm
any survivors in the gave yard or all someking the darn pipe
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