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Cable Update (GBPUSD)

  • #233,041
  • Jun 22, 2010 3:54pm Jun 22, 2010 3:54pm
Quoting bbakker
Hey Bro! Doing good I am... busy, busy, busy!

On Sunday I had a great Father's Day, played golf (as I normally do) and holed out from 85yds on my 3rd shot on a par 5 for an Eagle. It has been a couple of years since I last got an Eagle and boy did I enjoy that one. Then went to my parents with family for dinner and even more drinking after a few jars at the 19th hole.

Only having a trade or two a day at the moment and waiting for the quality ones to show up. Less is more as they say!

Work is busy now with a new version of our software recently...
happy for u bro at last u did hit the hole
man all the big company's they do make a huge amount of money and they dont share at least some of it thats why they do lose most of there best staff,
holand i think they will be in the finals love the way they play

best of luck on u interview and i hope they will give u a huge raise ,

little kill he is working on EA's now he is great full of life and doodoo ,

trading going really good we miss in the room a lot of new comers are here now and sure they need help

wish all the best job wise and trading a year full of green pips and dont forget the pipe still here
  • #233,042
  • Jun 22, 2010 3:56pm Jun 22, 2010 3:56pm
This last move up was a textbook
response to a clean 1h inside bar.
Looking thru the charts, it was the
only one in sight.

I was preparing this chart to post
before and immediately as the move
jumped up and outside the bar.

Later I caught some of the move down
after it stalled at cam WH1 (1.4854).

Dr. D.
Attached Images
  • #233,043
  • Jun 22, 2010 4:10pm Jun 22, 2010 4:10pm
Quoting cloggie
I just realised he has buggered off. Starts complaining that he doesn't understand it and when someone tries to talk him through it he buggers off. Why do I even try, why oh why.
bro a lot of ppl read u posts and u are not doning it for him many are shy to ask u are doing great never regret so many needs u
  • #233,044
  • Jun 22, 2010 4:12pm Jun 22, 2010 4:12pm
hey here i am battling with my live account.
from -213 now in -77.
i went short 6 hrs ago.
hoping it will dig down more.
pray for me traders hahaha...
  • #233,045
  • Jun 22, 2010 4:14pm Jun 22, 2010 4:14pm
Quoting fourxtrader
This last move up was a textbook
response to a clean 1h inside bar.
Looking thru the charts, it was the
[i][color=blue]only one in sight....
we are on the same boat best of luck Doc
  • #233,046
  • Jun 22, 2010 4:18pm Jun 22, 2010 4:18pm
Quoting kill56
bro a lot of ppl read u posts and u are not doning it for him many are shy to ask u are doing great never regret so many needs u
Amen, keep up the good work, appreciation is harder to see.......
Don't be a hero. Don't have an ego. Always question yourself
  • #233,047
  • Jun 22, 2010 4:19pm Jun 22, 2010 4:19pm
Quoting mcmartins
hey here i am battling with my live account.
from -213 now in -77.
i went short 6 hrs ago.
hoping it will dig down more.
pray for me traders hahaha...
im praying for you my nigerian brother
  • #233,048
  • Jun 22, 2010 4:30pm Jun 22, 2010 4:30pm
Quoting mcmartins
hey here i am battling with my live account.
from -213 now in -77.
i went short 6 hrs ago.
hoping it will dig down more.
pray for me traders hahaha...
MM risk should be only %2 of u acc. not more a stop loss is a must its easy to recover 30-40 pips it not when 100 pips best of luck with u trade
  • #233,049
  • Jun 22, 2010 4:56pm Jun 22, 2010 4:56pm
Quoting mcmartins
hey here i am battling with my live account.
from -213 now in -77.
i went short 6 hrs ago.
hoping it will dig down more.
pray for me traders hahaha...
I wish you well with your trade.Please take this advice and learn to use a stop loss, you will never be successful until you learn that and I know because I have lost lots in the past. Trading will have its losses for all of us. If you had put a 30 pip stop on your trade, yeah you would have lost -30 but you could have caught it at the bottom again and instead of now being down -77 you would be up around 120 to 140.Not preaching but just trying to offer some advice.Trade well!!
Please ask questions and share your experiences with us all!
  • #233,050
  • Jun 22, 2010 5:00pm Jun 22, 2010 5:00pm
Quoting kill56
MM risk should be only %2 of u acc. not more a stop loss is a must its easy to recover 30-40 pips it not when 100 pips best of luck with u trade
hit us with the 10 commandments again kill... it can never be repeated too much... I will read with you
  • #233,051
  • Jun 22, 2010 5:01pm Jun 22, 2010 5:01pm
Quoting bkg102665
I wish you well with your trade.Please take this advice and learn to use a stop loss, you will never be successful until you learn that and I know because I have lost lots in the past. Trading will have its losses for all of us. If you had put a 30 pip stop on your trade, yeah you would have lost -30 but you could have caught it at the bottom again and instead of now being down -77 you would be up around 120 to 140.Not preaching but just trying to offer some advice.Trade well!!
great advice thanks
  • #233,052
  • Jun 22, 2010 5:08pm Jun 22, 2010 5:08pm
Quoting kill56
great advice thanks
Ah, just to throw a spanner in the works, I hardly ever use a SL, at least until a trade is sufficiently in profit.
  • #233,053
  • Jun 22, 2010 5:10pm Jun 22, 2010 5:10pm
Quoting kill56
bro a lot of ppl read u posts and u are not doning it for him many are shy to ask u are doing great never regret so many needs u

Thanks kill, appreciate it buddy.
  • #233,054
  • Jun 22, 2010 5:21pm Jun 22, 2010 5:21pm
Quoting cloggie
Ah, just to throw a spanner in the works, I hardly ever use a SL, at least until a trade is sufficiently in profit.
I should say a new trader probably should or at least I think so, you are experienced and know what you are doing. Did you ever use a s/l and even if you did not would you ever let a trade go 200 pips against you?
Please ask questions and share your experiences with us all!
  • #233,055
  • Jun 22, 2010 5:25pm Jun 22, 2010 5:25pm
Quoting cloggie
Ah, just to throw a spanner in the works, I hardly ever use a SL, at least until a trade is sufficiently in profit.

i am sure u dont u dont enter a trade unless u are sure of it thats a fact but also we are willing to lose our $50 acc.
  • #233,056
  • Jun 22, 2010 5:26pm Jun 22, 2010 5:26pm
Quoting bkg102665
I should say a new trader probably should or at least I think so, you are experienced and know what you are doing. Did you ever use a s/l and even if you did not would you ever let a trade go 200 pips against you?

Like I said, just wanted to throw a spanner in the works, I keep an eye on SR's if they hold I am happy if they go the trade gets closed and the entry reassessed. 200 pips, never. I close trades at times at a mere 5 pips because I know my entry was wrong and get back in 10 pips higher. I deplore giving my money to the market. The same on exits, I have a mental TP but if there are tresholds on the way and new SR's get formed that I did not anticipate, the money gets taken of the table and the PA is watched, if the PA is still valid I get right back in for a further move to my original mental TP. Once a mental TP is hit, I close it immediately, at most times irrespective of the PA. I'd rather take my pips and if it does continue I see it a seperate trade. Each trade entered has no perceived outcome as each trade is always different.
  • #233,057
  • Jun 22, 2010 6:37pm Jun 22, 2010 6:37pm
Quoting cloggie
Like I said, just wanted to throw a spanner in the works, I keep an eye on SR's if they hold I am happy if they go the trade gets closed and the entry reassessed. 200 pips, never. I close trades at times at a mere 5 pips because I know my entry was wrong and get back in 10 pips higher. I deplore giving my money to the market. The same on exits, I have a mental TP but if there are tresholds on the way and new SR's get formed that I did not anticipate, the money gets taken of the table and the PA is watched, if the PA is still valid I get right back...
EXACTLEY!! I agree 100%
Please ask questions and share your experiences with us all!
  • #233,058
  • Jun 22, 2010 6:40pm Jun 22, 2010 6:40pm
Quoting cloggie
Like I said, just wanted to throw a spanner in the works, I keep an eye on SR's if they hold I am happy if they go the trade gets closed and the entry reassessed. 200 pips, never. I close trades at times at a mere 5 pips because I know my entry was wrong and get back in 10 pips higher. I deplore giving my money to the market. The same on exits, I have a mental TP but if there are tresholds on the way and new SR's get formed that I did not anticipate, the money gets taken of the table and the PA is watched, if the PA is still valid I get right back...
I love these posts from Cloggie! This post is bookmarked for posterity!
  • #233,059
  • Jun 22, 2010 6:45pm Jun 22, 2010 6:45pm
how is high frequency trading possible in forex?
  • #233,060
  • Edited 9:19pm Jun 22, 2010 8:54pm | Edited 9:19pm
here u go

this is an EA
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File Type: ex4 high frequency trader.ex4   1 KB | 375 downloads
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