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Cable Update (GBPUSD)

  • #231,241
  • Jun 11, 2010 12:06pm Jun 11, 2010 12:06pm
Quoting trade price
thats how a forum should be.with nice people and some fun and learning.
we dont have to be a****** here.make it one of the best place.it can be like a family.
everyone should respect each other doesnot matter what level they are (in the trading world)
even me with my mini account!
"Pippin aint easy"
  • #231,242
  • Jun 11, 2010 12:07pm Jun 11, 2010 12:07pm
Quoting 4xStar
Jordanians are one of the most gorgeous people on the planet. Do you blame me?
the queen
  • #231,243
  • Jun 11, 2010 12:07pm Jun 11, 2010 12:07pm
I heard about that the other day .. so they are actually going to do it! What next? Little popups on your computer that say 'Warning, trading may be hazardous to your (financial) health?"

Can't wait to see what happens the first day these halt functions come into play!

Quoting cloggie
Well, this is one way of stopping any sudden move in stock prices, can't have the bears taking control now can we, they'll do anything to keep prices up:

http://www.sec.gov/news/press/2010/2010-98.htm
******************* I'd rather make money than be right.
  • #231,244
  • Jun 11, 2010 12:10pm Jun 11, 2010 12:10pm
Quoting 4xStar
I heard about that the other day .. so they are actually going to do it! What next? Little popups on your computer that say 'Warning, trading may be hazardous to your (financial) health?"

Can't wait to see what happens the first day these halt functions come into play!

The first day was today. So no more financial crisis, just halt the trading if a stock drops more then they want. Here you go, bears are controlled. Obamarama's communist tendencies floating to the top again.
  • #231,245
  • Jun 11, 2010 12:13pm Jun 11, 2010 12:13pm
Quoting trade price
thats how a forum should be.with nice people and some fun and learning.
we dont have to be a****** here.make it one of the best place.it can be like a family.
everyone should respect each other doesnot matter what level they are (in the trading world)
best post of the day
  • #231,246
  • Jun 11, 2010 12:15pm Jun 11, 2010 12:15pm
Quoting 4xStar
I just recognize the words 'zone' and 'corridor'. The rest is Greek to me.
It's not Greek - it's Russian
  • #231,247
  • Jun 11, 2010 12:21pm Jun 11, 2010 12:21pm
Great testimoney for perseverance!
Which part of Asia?

Quoting trade price
i did not had any money years back.saved and started.
now those small money have grown big and everyday paying for my bread and butter.
was an asian poor boy.
. stragled many years learned lots of thing, and it paid back.
now settled in london with mevelouse life .
i have done that, of course any one can do that!!!!!!!!!
******************* I'd rather make money than be right.
  • #231,248
  • Jun 11, 2010 12:33pm Jun 11, 2010 12:33pm
Quoting Honored
I am short 1.4533 TP 1.4000 SL 1.4800
see you friday
Getting rid of my short order after a week. Glad my SL did not hit. will be back to trade full time next week. account size still 1700%
  • #231,249
  • Jun 11, 2010 12:36pm Jun 11, 2010 12:36pm
Looks like she's trying to attack it again for the fourth time.Has been fun taking two 10 pip runs at it.Kinda feels more like scalping than trading,but the 10 pip runs do add up.
I've been looking at how the 200ema on fibre's 15m and 30m chart is beeing tested.
Freaky Friday is definitely living up to it's name (for me anyways). You have to really be paying attention to the 1m charts for signals that the pa is about to quickly change direction.I give it to the top of the hour,then I'll be a spectator. I personally don't think anyone should be looking for more than 10-15 pip runs for days like this.Maybe 20 pips.At least put a ts of 15 up there to lock in your profit.
Just my 2 cents.How's the markets been treating everyone?
Quoting kill56
no break no shack lets see if H5 holds or we break
  • #231,250
  • Jun 11, 2010 12:51pm Jun 11, 2010 12:51pm
Quoting Ineedpips9
...Freaky Friday is definitely living up to it's name (for me anyways). You have to really be paying attention to the 1m charts for signals that the pa is about to quickly change direction
....
Agree, I've been short, long, now short again on GU, fibre & EJ... just want one more break downward to collect my goal pips for the day. I enjoy Fridays but it is a different rhythm of trading, have to stay alert.
******************* I'd rather make money than be right.
  • #231,251
  • Edited 12:56pm Jun 11, 2010 12:54pm | Edited 12:56pm
Quoting Nectarios
I just shorted GBP/USD @1.47, TP 1.45, SL 1.4750

4-1 R/R

Regards
Nectarios

I just closed my short @1.4510 for 190 pips profit.

http://www.forexfactory.com/showpost...stcount=231128

I hope some of you have followed my call.

Have a good weekend everybody.

Regards
Nectarios
  • #231,252
  • Jun 11, 2010 12:58pm Jun 11, 2010 12:58pm
Quoting Ineedpips9
Looks like she's trying to attack it again for the fourth time.Has been fun taking two 10 pip runs at it.Kinda feels more like scalping than trading,but the 10 pip runs do add up.
I've been looking at how the 200ema on fibre's 15m and 30m chart is beeing tested.
Freaky Friday is definitely living up to it's name (for me anyways). You have to really be paying attention to the 1m charts for signals that the pa is about to quickly change direction.I give it to the top of the hour,then I'll be a spectator. I personally don't think anyone should be...

that is nice love green pips but now its risky rather be safe than sorry best of luck
lets see the last hour will do if they dump the es and dow then we will have a break if not next week will be fun
  • #231,253
  • Jun 11, 2010 1:01pm Jun 11, 2010 1:01pm
hello friend...

I had position SELL in GU @ 1.4398.
Should I CUTLOSS / HOLD until monday ??

thanks for ur advice...

:cheers:
  • #231,254
  • Jun 11, 2010 1:11pm Jun 11, 2010 1:11pm
Yea I try not to go against the overall trend for the day (from my interpretation it's short for today),but it seems you can cautiously do this on Freaky Fridays for a good 5-10 pip run.Sometimes you could get more,but we all know what happens to pigs.About an hour ago my 40 pip sl was close to being hit because I didn't wanna go against the trend. Thankfully the pa came back and my ts locked me in when it was hit for 15.

I see that the indicating arrow for long just called an up move for a few pips,but to me it's not worth it for this time in the market.So far it's good for a 5 pip run.It probably will go higher,but my cable spread is 4 so I don't think it's a good risk/reward ratio on Fridays.
How have you done today 4xstar? I've never really traded ej, so I'll probably look at it this weekend.

Quoting 4xStar
Agree, I've been short, long, now short again on GU, fibre & EJ... just want one more break downward to collect my goal pips for the day. I enjoy Fridays but it is a different rhythm of trading, have to stay alert.
  • #231,255
  • Jun 11, 2010 1:11pm Jun 11, 2010 1:11pm
Quoting trade price
i did not had any money years back.saved and started.
now those small money have grown big and everyday paying for my bread and butter.
was an asian poor boy.
. stragled many years learned lots of thing, and it paid back.
now settled in london with mevelouse life .
i have done that, of course any one can do that!!!!!!!!!
That is very cool. I'm very happy for you.
The market is always right.
  • #231,256
  • Jun 11, 2010 1:12pm Jun 11, 2010 1:12pm
Quoting feversam
hello friend...

I had position SELL in GU @ 1.4398.
Should I CUTLOSS / HOLD until monday ??

thanks for ur advice...

:cheers:
no body will tell u what to do

me i will not leave any open poistion in the weekend

and when u took the sell darn
  • #231,257
  • Jun 11, 2010 1:13pm Jun 11, 2010 1:13pm
My Chart.

I drew these lines yesterday and that's how it played out.

I took GY today ( short and 50+ on that)
No trades on cable
Attached Image (click to enlarge)
Click to Enlarge Name: EU.jpg Size: 177 KB



Just sharing my chart
  • #231,258
  • Jun 11, 2010 1:37pm Jun 11, 2010 1:37pm
I new how 10-pip runs throughout the trading day could add up rather quickly,but now I'm starting to see more and more how fast the profits can add up when you start to realize how the correlation between certain pairs work. I mainly trade just the fibre and cable (sometimes the aud/usd),but I'm now looking into the other major pairs and a couple of cross pairs. I'm not gonna trade them live just yet.I'll probably start demo trading them in a week or two,after I've gotten more familiar.
My opinion: five 10-pip trades is alot easier and less nerve-racking to come across than sitting at your pc trying to monitor one 50-pip trade.
Quoting kill56
that is nice love green pips but now its risky rather be safe than sorry best of luck
lets see the last hour will do if they dump the es and dow then we will have a break if not next week will be fun
  • #231,259
  • Jun 11, 2010 1:48pm Jun 11, 2010 1:48pm
Quoting Ineedpips9
I new how 10-pip runs throughout the trading day could add up rather quickly,but now I'm starting to see more and more how fast the profits can add up when you start to realize how the correlation between certain pairs work. I mainly trade just the fibre and cable (sometimes the aud/usd),but I'm now looking into the other major pairs and a couple of cross pairs. I'm not gonna trade them live just yet.I'll probably start demo trading them in a week or two,after I've gotten more familiar.
My opinion: five 10-pip trades is alot easier and less nerve-racking...
very true and it dos add up with ranging market its the perfect tool
find u range and hit a nd run
  • #231,260
  • Jun 11, 2010 2:11pm Jun 11, 2010 2:11pm
Quoting kill56
very true and it dos add up with ranging market its the perfect tool
find u range and hit a nd run
The only hurdle to get over (at least one of the main ones) is timing your entry point for the trade after you get all your indicator's signals.I've been following the good insight/advice from cloggie and magix.The pa alot of times gives a fake at first before retesting,espicially when it's in a tight range.You have to look out for these.This is where a good sl comes into play.I usually wait for at least one candle to fully complete to where the signal indicates before entering.

Maybe a newb making another mistake,but this week it overall has served me well.
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