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Cable Update (GBPUSD)

  • #238,921
  • Jul 16, 2010 11:16am Jul 16, 2010 11:16am
Quoting baruch
i dont know how to make multiple quotes, so my answers:

about the 200 pips, yes, i was 200 pips red, with a small lot, and i got a lot more green pips, with a higher lot...

about OldRegaitin... i agree with you... here is not a comunity of ''pro traders only'', but I see some good traders trolling others... and I see also a lot of people here only to see some '' pro tips'' because if this forum goes offline, these traders blow up their accounts...

what im trying to do, is trade by myself, using some tips i took here and in other places... and...
good luck ..can i come/go to Brazil?
All systems of divination, like music itself,work through patterns.
  • #238,922
  • Jul 16, 2010 11:17am Jul 16, 2010 11:17am
Quoting nAVIN2007
i exited my positions around +950 pips..i will look to buy lower..i think this is going to 1.50..this kind of rejection is a bit much especially after yesterdays up move..

basically giving a reversal indication
That's great, Navin ! And just before Weekend too ! What you planning ?

Have a Great weekend !
  • #238,923
  • Jul 16, 2010 11:18am Jul 16, 2010 11:18am
Quoting baruch
i dont know how to make multiple quotes, so my answers:

about the 200 pips, yes, i was 200 pips red, with a small lot, and i got a lot more green pips, with a higher lot...

about OldRegaitin... i agree with you... here is not a comunity of ''pro traders only'', but I see some good traders trolling others... and I see also a lot of people here only to see some '' pro tips'' because if this forum goes offline, these traders blow up their accounts...

what im trying to do, is trade by myself, using some tips i took here and in other places... and...
take care man have a great weekend
  • #238,924
  • Jul 16, 2010 11:19am Jul 16, 2010 11:19am
will have to reconsider position based on sunday open..madness oh well back to finding a solid position again

Quoting vilas
That's great, Navin ! And just before Weekend too ! What you planning ?

Have a Great weekend !
nothing bro..just gonna enjoy time with family..shame 1.55 break of high wasnt even attemped that is not a good sign but still may just be testing the breakout area..

how has yur week been?
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  • #238,925
  • Jul 16, 2010 11:25am Jul 16, 2010 11:25am
Quoting pawpaw1000
hehe, Come cloggs, let's keep it cool ;-)

Hows everyone doing? good to see the thread is still flourishing... I've just had 4 weeks holiday and got 1 left but will trade the mornings next week.

Good to be back and hope I haven't forgotten all I've learnt! I'm gonna keep going until I make a success of it...


Nice to see you are back. I was beginning to wonder whether you and Bbaker had disappeared from Forex.

Both of you know how to bring out the best in Cloggie.

Hope you a swell vacation. Did you get to watch the Bafana Bafana?
Just a little lift and they will be bouncing
  • #238,926
  • Jul 16, 2010 11:27am Jul 16, 2010 11:27am
Wow! Chill. Is everyone done slamming their attitude on the table yet?

If you were right, OK. If you were wrong, OK too. It’s all a LEARING lesson. If you don’t learn something new each day you’re way to smart and possibly wasting your time typing in this thread. Learn something new and pass it on.

It all comes down to MAKING MONEY and protecting (keeping) the money so you don’t lose it all.

Trade to trade well, no excuses!
JD
It's Easy To Get In;.. It's Hard To Get Out
  • #238,927
  • Jul 16, 2010 11:27am Jul 16, 2010 11:27am
Trade closed at 1.5293. Waiting for next opportunity next week.

Cloogy,

Time is problem for me because i'm not a full time trader. That's it.

I'll not come back to put here my right trades. You have time to do it. Enjoy with.

Just an other thing. I'm not open to criticism. No one here is open to criticism, because every one has his own strategy. We are open to discuss. There is a difference.

My strategy is simple: No guess. Trading against picks, tops, bottoms, Important FIB level (monthly, weekly, daily), retrace and using patterns (wedges, triangles, flags ..etc) Using timing as a help. No need to go into every trade. I prefer waiting and taking opportunity with tight SL. If my calculation is wrong, up to me to check why and decide what will be next trade and when. The most important thing is the next target of the amount of my money. If i loose 35 pips in 4 trades with one lot each and win 200 pips in one trade with 2 lots each, it's good for me. The most important thing for me is making money. Tradingis not a gam for me.

This why i enter short:

Quoting No Stress
Went short against 25% monthly level 1.5413 to expect retrace down to 50% daily 1.5265. Average old level at 1.5442. Was testing market with 35 pips SL only. Retrace is very near. Up to every one to wait or entering to not loose position.

Good trading for all.

And this is the result:
GBP/USD 1 S 1,54452 1,52939 151,3 15/07/2010 15:59 16/07/2010 12:21
GBP/USD 1 S 1,54477 1,52939 153,8 15/07/2010 15:59 16/07/2010 12:21
Total 2 305,1


I made a good job with 300 pips. I'm happy with it. We all are trading to make money. Between you and me, who is the muppet, only results to answer to this. My results is shown.


Good week-end for all.
No Signal, No Trade. No fundamenals, No headache.
  • #238,928
  • Edited 11:52am Jul 16, 2010 11:34am | Edited 11:52am
there is no room for sensitivity on this thread, sometimes harsh words are required to make you think more clearly about your own trading.

I traded poorly this week and have been calling myself a f'kin prick and would expect others to aswell, if you saw what I did ha ha

we are men and should take it on the chin and move on.

here is my trade for today..

london opening hour bar breached, yesterdays london high retested on underside, sell at 1.54 exit at 1.53. If only it was this easy every day.

well, i'm beginning to believe what i see now

cheers slim
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  • #238,929
  • Jul 16, 2010 11:34am Jul 16, 2010 11:34am
Quoting cloggie
Wow, one year of part-time trading and you call yourself succesful, great you are now appointed Chief Idiot of the Cable thread. The top pickers will love you, because you will never disagree with them, leading them all into oblivion.

I am done here, you guys just muddle on.
Cloggie dont go i am finding your noobie rants very educational.

a fan
  • #238,930
  • Jul 16, 2010 11:38am Jul 16, 2010 11:38am
Inserted Video
  • #238,931
  • Jul 16, 2010 11:54am Jul 16, 2010 11:54am
that's amazing, like a real life cartoon, brought a tear to ma eye when momma bear saved the little 'un....sweeeeet!
  • #238,932
  • Jul 16, 2010 11:55am Jul 16, 2010 11:55am
Quoting kill56
1BB how are u dont run away bro i got ya
I am being a lurker!

@cloggie... Niet zo snel weg gaan alsje. Ik stuur je een emailtje over the volgende dagen. Prettige weekend.

They cut my DSL line @work, so I cannot day trade anymore, so my only option is to swing trade.

I got the job and I was about to discuss finer details of enumeration when my ex-boss told me that things were up in the air because of a possible acquisition, which might take a while. He did say that the position won't go away, but it was best to wait to clear the air.

My current boss called me in today and gave me a 5% pay rise for my hard work this year. He told me to keep quiet as only a few select got a pay rise.

I have hardly been trading these last few weeks as I want to ensure that I get my trading plan finalised before I do. I have hardly looked at my charts and when I do, I have been working of the higher TFs, d1/w1 and saw an opportunity to short this morning. It showed me 1.547-1.552 was a good resistance area in April, but I waited for signs of reversal before entering @1.545.

Where will GU go from here. I wish I could do a chart, but MT4 is not updating now when I am in the office. Well, it has been in a strong uptrend since after the coalition government was formed in the UK and this last week we have seen a 500 pip rise. We popped out of the uptrend channel finally hit the 200ma on d1, but we are now back in this channel. Lack of volume also means more volatility.

The question for me now is how best to manage this position now and I haven't really thought of this much. It is also a big missing piece in my trading plan. I have most components now and hopefully I will finish it off when I am in Ibiza at the end of this month.

Hope you getting those greenies and baby Kill is doing well and getting stronger with each new day. Take it easy bro and see you all soon.
  • #238,933
  • Jul 16, 2010 12:01pm Jul 16, 2010 12:01pm
this is my ew count for 1h
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  • #238,934
  • Jul 16, 2010 12:04pm Jul 16, 2010 12:04pm
Quoting kill56
1BB how are u dont run away bro i got ya
Hi kill,

Can you CATCH Him ??
Always looking the GREAT, never left GOOD Point...
  • #238,935
  • Jul 16, 2010 12:07pm Jul 16, 2010 12:07pm
Quoting slimcat
there is no room for sensitivity on this thread, sometimes harsh words are required to make you think more clearly about your own trading.

...

we are men and should take it on the chin and move on.
That's the right attitude! Like this thread! Everybody have a groovy weekend!
  • #238,936
  • Jul 16, 2010 12:08pm Jul 16, 2010 12:08pm
Quoting Tsar
Hi kill,

Can you CATCH Him ??
Chase me, chase me
  • #238,937
  • Jul 16, 2010 12:10pm Jul 16, 2010 12:10pm
Quoting slimcat
that's amazing, like a real life cartoon, brought a tear to ma eye when momma bear saved the little 'un....sweeeeet!
Thanks
  • #238,938
  • Jul 16, 2010 12:12pm Jul 16, 2010 12:12pm
Quoting bbakker
I am being a lurker!
Hi bbakker,

Nice to see you again, Bro.

Long time... I can Not made Post in Room.
Like you, I'm BUSY too
Always looking the GREAT, never left GOOD Point...
  • #238,939
  • Jul 16, 2010 12:14pm Jul 16, 2010 12:14pm
Quoting bbakker
I am being a lurker!

@cloggie... Niet zo snel weg gaan alsje. Ik stuur je een emailtje over the volgende dagen. Prettige weekend.

They cut my DSL line @work, so I cannot day trade anymore, so my only option is to swing trade.

I got the job and I was about to discuss finer details of enumeration when my ex-boss told me that things were up in the air because of a possible acquisition, which might take a while. He did say that the position won't go away, but it was best to wait to clear the air.

My current boss called me in today and gave...
hang in there bro %5 is not bad at all i had been trading the ma200 for this week it was not bed now a close below today will takes lower es is doing bad even with some good earnings ,
little is doing great bro he is drowing my TL's now, hope u and the rest of the family doing great ,
have a great greeny week end and do hit the darn whole
  • #238,940
  • Jul 16, 2010 12:17pm Jul 16, 2010 12:17pm
Quoting Tsar
Hi kill,

Can you CATCH Him ??
hey bro how are u

i did catch him he was killen the cable
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