don't try short now except scalping
Dislikedjust add one more short, chart still the same as before. wish me luck.Ignored
Cable Update (GBPUSD)
- #228,862
- May 27, 2010 10:55am May 27, 2010 10:55am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Yea Wormie, I think she bounces short from this area.
Jim
Hi jim,
My 38.2% is higher up I'm afraid
Here's the chart.
Have a good one buddy
Thank You
- #228,865
- May 27, 2010 11:13am May 27, 2010 11:13am
- | Joined Aug 2006 | Status: Terrapin Pipper | 1,186 Posts
Ahh Bunk...
My T.P. hit!
!
-GreatTrade USD-Bear...
I trailed her up behind, for what 90 pips &-
Finally put a hard Stop/T.P. in!
Oh Well... 'got what 'got outta her! HA!!
i hope she pop's for more,
for whomever out there.
What a Memorial Wk'd "Gift"!
Java,
I got "jammed" myself, -out about 40 pip's on
a smaller trade, when she "popped" the H&S Neckline
South, when i missed Seeing the H&S, and just dove in.
Thankfully 'Made 5x More than 'lost, going back "North"!
-Great to See you in here Wormie,
Have a Great Wk'd,
'See what tomorrow brings, i see the Daily looking
Bullish- neeeding a retrace into the Bearish week's/Month.
Again, Best of Pipping Gang,
Jeff
My T.P. hit!
!-GreatTrade USD-Bear...
I trailed her up behind, for what 90 pips &-
Finally put a hard Stop/T.P. in!
Oh Well... 'got what 'got outta her! HA!
! i hope she pop's for more,
for whomever out there.
What a Memorial Wk'd "Gift"!
Java,
I got "jammed" myself, -out about 40 pip's on
a smaller trade, when she "popped" the H&S Neckline
South, when i missed Seeing the H&S, and just dove in.
Thankfully 'Made 5x More than 'lost, going back "North"!
-Great to See you in here Wormie,
Have a Great Wk'd,
'See what tomorrow brings, i see the Daily looking
Bullish- neeeding a retrace into the Bearish week's/Month.
Again, Best of Pipping Gang,
Jeff
38.2% on the D1 would be nice Jeff
I will work to Objectively Identify my Edges
- #228,867
- May 27, 2010 11:24am May 27, 2010 11:24am
- Joined Oct 2009 | Status: Trader | 1,342 Posts
My H4 trend line is different than yours.
- #228,869
- May 27, 2010 11:39am May 27, 2010 11:39am
- | Joined Aug 2009 | Status: Save our Children's Save our Future | 1,124 Posts
Ahh Bunk...
My T.P. hit!
-GreatTrade USD-Bear...
I trailed her up behind, for what 90 pips &-
Finally put a hard Stop/T.P. in!
Oh Well... 'got what 'got outta her! HA!
i hope she pop's for more,
for whomever out there.
What a Memorial Wk'd "Gift"!
Java,
I got "jammed" myself, -out about 40 pip's on
a smaller trade, when she "popped" the H&S Neckline
South, when i missed Seeing the H&S, and just dove in.
Thankfully 'Made 5x More than 'lost, going back "North"!
-Great to See you in here Wormie,
Have...
LOL....,what a crazy day,
who knows at london close she move like that...leave me only 20 pips, and 1 entry 
it almost been hit too cos i leave SL at entry..., my dollar gone 
I will be the number one Manager.
- #228,870
- May 27, 2010 11:57am May 27, 2010 11:57am
- | Additional Username | Joined May 2009 | 2,719 Posts
- #228,871
- May 27, 2010 12:13pm May 27, 2010 12:13pm
- | Joined Aug 2009 | Status: Save our Children's Save our Future | 1,124 Posts
it's already pass 12 night in my place, soooo, today is my Birthday 
HAPPY B'day to my Self
HAPPY B'day to my Self I will be the number one Manager.
- #228,872
- May 27, 2010 12:17pm May 27, 2010 12:17pm
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts
- #228,873
- May 27, 2010 12:26pm May 27, 2010 12:26pm
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts
it's already pass 12 night in my place, soooo, today is my Birthday
HAPPY B'day to your Self
- #228,876
- May 27, 2010 12:37pm May 27, 2010 12:37pm
- | Additional Username | Joined Sep 2009 | 8,623 Posts
it's already pass 12 night in my place, soooo, today is my Birthday
- #228,877
- May 27, 2010 12:38pm May 27, 2010 12:38pm
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts
Happy BirthDay to Youuuu ------
thank u
man mine was on the 20th of may its java's
Hey there kill, hope it's been a green day for you!
I've been spending the last few days trying to figure out where exactly I've gone wrong with my cable trading. Scalping euro has been good lately (take profit after every 2-pip move with a spread of 0.9, giving me a 1-pip profit.This done ALOT throughout the day.Only hard part is trying to figure out the proper sl.) Scalping Euro has covered my cable losses over the last 1.5 weeks and I'm now almost at breakeven. So far, today has been my only profit day with cable in the past 10 trading days. I've been trying to figure out what part of the cable trading day we are in as of now, using the great nugget of information given by cloggie in post #226036.
The way I see it, the first part of the cable day (the London Open) was a move up to R3 at 4566 on the H1 chart. The second part of the cable day (the retrace, which was either helped,triggered, or neither by the economic news of unemployment rates here in the states) saw the retrace go down past the H3 short to 4406. Am I wrong in thinking that we are now in the middle of the third part of the cable trading day, and at this minute trying to set the higher high during the NY session?
I apologize for being too long-winded, but I'm really frustated with my trading over the past few days. Thanks for your and anyone with some helpful insight's time and patience.
I've been spending the last few days trying to figure out where exactly I've gone wrong with my cable trading. Scalping euro has been good lately (take profit after every 2-pip move with a spread of 0.9, giving me a 1-pip profit.This done ALOT throughout the day.Only hard part is trying to figure out the proper sl.) Scalping Euro has covered my cable losses over the last 1.5 weeks and I'm now almost at breakeven. So far, today has been my only profit day with cable in the past 10 trading days. I've been trying to figure out what part of the cable trading day we are in as of now, using the great nugget of information given by cloggie in post #226036.
The way I see it, the first part of the cable day (the London Open) was a move up to R3 at 4566 on the H1 chart. The second part of the cable day (the retrace, which was either helped,triggered, or neither by the economic news of unemployment rates here in the states) saw the retrace go down past the H3 short to 4406. Am I wrong in thinking that we are now in the middle of the third part of the cable trading day, and at this minute trying to set the higher high during the NY session?
I apologize for being too long-winded, but I'm really frustated with my trading over the past few days. Thanks for your and anyone with some helpful insight's time and patience.
- #228,880
- May 27, 2010 12:50pm May 27, 2010 12:50pm
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Hey Wormie.
My H4 trend line is different than yours.
prolly it's because you didn't connect your utl2 from the cutoff of your utl1.
your utl2 isn't connected to the previous swing high, it's hanging in mid air.
If you are to plot the utl2 from the utl1 swing high you'll get the same descending utl as mine.
have a good one my friend
Thank You