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Cable Update (GBPUSD)

  • #252,841
  • Sep 14, 2010 8:05am Sep 14, 2010 8:05am
Quoting pawpaw1000
don't beat yourself up mate... Pretty shitty day to trade...

Look what I did there. I looked for a trigger (range) and when It went I took it but protected myself with a good s/l (1.5%) and when it went against me, no worries as i know if it had worked I would've scored 15%...

All in the MM, removes all the emotions
oops, just posted and then deleted... short 2851 and s/l at 64... looking for 30 pips...

EDIT: just moved s/l to 2858... Might get to bottom of my previous range...
@pawpaw1000 on Twitter
  • #252,842
  • Sep 14, 2010 8:06am Sep 14, 2010 8:06am
Cable H4

Until we break out of this range, trading can be risky and unpredictable. Its probably best to set alarms and go enjoy life until then.
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  • #252,843
  • Sep 14, 2010 8:07am Sep 14, 2010 8:07am
Quoting Dayboy001
Are these buyers going to give in any time soon and let this thing drop??

Edit:

I guess not.
In time methinks.
The dx sure is looking to go back up. The w1 broken support had been tested heavily and once it closes above & head up for the pvp retest it's safe to assume cable & fibre will give up some ground and tank.

I'd recommend karmo's patience pill
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Thank You
  • #252,844
  • Sep 14, 2010 8:10am Sep 14, 2010 8:10am
Quoting pawpaw1000
oops, just posted and then deleted... short 2851 and s/l at 64... looking for 30 pips...
Now that's a good call that would more likely print money for you. I entered at 1.2858. Let's fly southward airline.
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Mystery Is The Final Product Of Ignorance. Hey! What's ma chart doin'
  • #252,845
  • Sep 14, 2010 8:14am Sep 14, 2010 8:14am
Quoting pawpaw1000
oops, just posted and then deleted... short 2851 and s/l at 64... looking for 30 pips...
Sorry about all these EU trades, my SH beside me just reminded me this is GU thread. She's learning to trade and make her own Million$$$
Mystery Is The Final Product Of Ignorance. Hey! What's ma chart doin'
  • #252,846
  • Sep 14, 2010 8:18am Sep 14, 2010 8:18am
if this candle gonna close like this im gonna buy again
  • #252,847
  • Sep 14, 2010 8:20am Sep 14, 2010 8:20am
Quoting Precap2
Now that's a good call that would more likely print money for you. I entered at 1.2858. Let's fly southward airline.
well, if I get stopped, I'm done for a while as I would've reached my -3% limit for the day...

Overtrading is the most dangerous thing for your account and I think I'm busy doing it now

Crappy day with crappy PA. Like wormy said, better to go away, and like pipchick said: ENJOY LIFE

Seems like Fibre wants to drop but got buyers coming in at 50 level holding her up...

Oh, yeah, sorry for the fibre chat
@pawpaw1000 on Twitter
  • #252,848
  • Sep 14, 2010 8:22am Sep 14, 2010 8:22am
Please, no apologies for fibre chat (or any other pair). Its a quiet day.
  • #252,849
  • Sep 14, 2010 8:22am Sep 14, 2010 8:22am
Quoting dil
if this candle gonna close like this im gonna buy again
watch the 5430 area, see some sellers there...
@pawpaw1000 on Twitter
  • #252,850
  • Sep 14, 2010 8:22am Sep 14, 2010 8:22am
Quoting dil
if this candle gonna close like this im gonna buy again
We could follow your analysis better if you would state TF or post chart.
Mystery Is The Final Product Of Ignorance. Hey! What's ma chart doin'
  • #252,851
  • Sep 14, 2010 8:23am Sep 14, 2010 8:23am
Quoting pawpaw1000
well, if I get stopped, I'm done for a while as I would've reached my -3% limit for the day...

Overtrading is the most dangerous thing for your account and I think I'm busy doing it now

Crappy day with crappy PA. Like wormy said, better to go away, and like pipchick said: ENJOY LIFE

Seems like Fibre wants to drop but got buyers coming in at 50 level holding her up...

Oh, yeah, sorry for the fibre chat

Dude control your emotions , 2 agoyears emotions was with me i burned 8 ~ accounts now im making alot of money , last month 60% ~ , this month for 14 days aleardy 43% ~ , REMEMBER REMOVE EMOTIONS
  • #252,852
  • Sep 14, 2010 8:26am Sep 14, 2010 8:26am
Quoting dil
Dude control your emotions , 2 agoyears emotions was with me i burned 8 ~ accounts now im making alot of money , last month 60% ~ , this month for 14 days aleardy 43% ~ , REMEMBER REMOVE EMOTIONS
Thanks Bro...

guess it's the crappy PA but i have removed alot of emotions... Up 20% for 3 weeks...

But you are right, I'm letting this PA control me instead of me control it
@pawpaw1000 on Twitter
  • #252,853
  • Sep 14, 2010 8:27am Sep 14, 2010 8:27am
Quoting Precap2
We could follow your analysis better if you would state TF or post chart.
i'm gonna post with details if this candle gonna close like this
  • #252,854
  • Sep 14, 2010 8:28am Sep 14, 2010 8:28am
Quoting pawpaw1000
well, if I get stopped, I'm done for a while as I would've reached my -3% limit for the day...

Overtrading is the most dangerous thing for your account and I think I'm busy doing it now

Crappy day with crappy PA. Like wormy said, better to go away, and like pipchick said: ENJOY LIFE

Seems like Fibre wants to drop but got buyers coming in at 50 level holding her up...

Oh, yeah, sorry for the fibre chat
I love your trading discipline, but your stops are way too tight for me. At 2864 I think a little sweep hunt would not be favorable. My monthly PP is at 2866. But it's your MM not mine buddy.
Mystery Is The Final Product Of Ignorance. Hey! What's ma chart doin'
  • #252,855
  • Sep 14, 2010 8:28am Sep 14, 2010 8:28am
Quoting pawpaw1000
Thanks Bro...

guess it's the crappy PA but i have removed alot of emotions... Up 20% for 3 weeks...

But you are right, I'm letting this PA control me instead of me control it
You think you could control PA?

DAMN!

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #252,856
  • Sep 14, 2010 8:29am Sep 14, 2010 8:29am
Quoting pawpaw1000
Thanks Bro...

guess it's the crappy PA but i have removed alot of emotions... Up 20% for 3 weeks...

But you are right, I'm letting this PA control me instead of me control it

Yeah but remove emotions like this you open trade market goes against you 30 pips ~ you start thinking what if is going down 500 pips more ? what if we are in downtrend and anything like this.. then you close position and market goes up 100+ and there u have 3%- for a day lol
  • #252,857
  • Sep 14, 2010 8:29am Sep 14, 2010 8:29am
pawpaw i'm a newbie - how long have you been trading for?
  • #252,858
  • Sep 14, 2010 8:30am Sep 14, 2010 8:30am
Quoting Precap2
I love your trading discipline, but your stops are way too tight for me. At 2864 I think a little sweep hunt would not be favorable. My monthly PP is at 2866. But it's your MM not mine buddy.
If I lose the reason for entering, I don't want to be in the trade anymore...

Anyways, i might only get 1/4 trades but the 3 losers are - 30 pips in total while the winner gets 50 - 70.... (depending on whether scalping or trading)...

Yeah, stops are tight but don't want to be in a losing trade...
@pawpaw1000 on Twitter
  • #252,859
  • Sep 14, 2010 8:31am Sep 14, 2010 8:31am
Quoting Sammie
pawpaw i'm a newbie - how long have you been trading for?
properly? about 7 months... Started buggering around about 13 months ago...

Well, I'm off with the sound of a BLOEP (STOP)...

check ya all maybe tonight or 2moro LO...
@pawpaw1000 on Twitter
  • #252,860
  • Sep 14, 2010 8:33am Sep 14, 2010 8:33am
Quoting Magix
You think you could control PA?

DAMN!

Aah, magix, you know what I mean! letting the crappy PA influence my emotions instead of letting it tell me DONT BLOODY TRADE!
@pawpaw1000 on Twitter
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