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Cable Update (GBPUSD)

  • #258,721
  • Oct 5, 2010 10:56am Oct 5, 2010 10:56am
Diamond pattern breakouts are usually very big. This one has barely gotten started, imo. With that in mind, I would not be a shorter right now of the G/U.
Quoting Geppy
bears are busy praying.
  • #258,722
  • Oct 5, 2010 10:57am Oct 5, 2010 10:57am
Quoting Geppy
bears are busy praying.
LOl..How did you know?
  • #258,723
  • Oct 5, 2010 11:01am Oct 5, 2010 11:01am
Quoting Chillypiper
LOl..How did you know?
I was once a n00b
check out my blog: forexmademillionaire dot com
  • #258,724
  • Oct 5, 2010 11:04am Oct 5, 2010 11:04am
Quoting wormboy
okay, nice trading
I had closed all my id trades as well.
The remaining long trades I have left open are positioned for higher level tests & were bought at much lower prices. Cable is not done yet, we're climbing much higher
I agree that. But don't know why it is too slow today.

I guess less volume.
  • #258,725
  • Oct 5, 2010 11:05am Oct 5, 2010 11:05am
Quoting AdrianHNV
Buzzzzzzzzzzzzzzzz WB

Yo, grabbed some food.

Cashed in on most, grabbed 430 pips since 06:00 this morning.

That'll do donkey :-)

Shrek, still love that Ogre! :-)
Dan TheMan
  • #258,726
  • Oct 5, 2010 11:06am Oct 5, 2010 11:06am
welp, doesn't seem like I'm gonna get that 938. so, later folks. good luck!

Inserted Video
Thank You
  • #258,727
  • Oct 5, 2010 11:11am Oct 5, 2010 11:11am
Quoting wormboy
I can't complain either. Closed a little over 200 pips without a single short in sight.
What was it again? bulls make money, bears make money & pigs die is it?
We totally had different trading ideas today but with a bit of luck both ended making some.
Well done on your gains
I guess it goes to show doesn't matter what way you trade, as long as you have a sound plan and good money management skills...

Well done to both...

Wormboy are you from the UK? I think I gathered you was a LFC supporter (maybe incorrectly), how you dealing with the current pain, I'm on the verge of giving up..
  • #258,728
  • Oct 5, 2010 11:20am Oct 5, 2010 11:20am
Quoting WanderingDan
Yo, grabbed some food.

Cashed in on most, grabbed 430 pips since 06:00 this morning.

That'll do donkey :-)

Shrek, still love that Ogre! :-)

Good old Shrek, yup love watching with or even without the grand-kiddies

Yup seems like lots of us have had yet another good trading day. Got my daily target and will be having the usual brandy again to celebrate it.

May even pop back in later too see how things are fairing.

Buzzzzzz for now all bee good and have fun making the $$$$ grow
  • #258,729
  • Oct 5, 2010 11:21am Oct 5, 2010 11:21am
First close to my positions if any one interested.
http://www.forexfactory.com/showpost...7&postcount=61
  • #258,730
  • Oct 5, 2010 11:23am Oct 5, 2010 11:23am
Quoting AdrianHNV
Good old Shrek, yup love watching with or even without the grand-kiddies

Yup seems like lots of us have had yet another good trading day. Got my daily target and will be having the usual brandy again to celebrate it.

May even pop back in later too see how things are fairing.

Buzzzzzz for now all bee good and have fun making the $$$$ grow

Cheers Adrian, enjoy the brandy.

I shall be putting my feet up and cooing like baby :-)
Dan TheMan
  • #258,731
  • Oct 5, 2010 11:26am Oct 5, 2010 11:26am
Quoting Geppy
I was once a n00b
Noob..?Cool...lol, Then you know my SL just got hit too. Will there be another attempt to brake 5930 ? My gut says the bulls are gona take a rest, I'm gona wait for the 5870 to decide.

Cheers
  • #258,732
  • Oct 5, 2010 11:31am Oct 5, 2010 11:31am
Quoting Chillypiper
Noob..?Cool...lol, Then you know my SL just got hit too. Will there be another attempt to brake 5930 ? My gut says the bulls are gona take a rest, I'm gona wait for the 5870 to decide.

Cheers
Attempt, yes. Break, yes. When, I dunno.

I've been in "buy the dips" mode for a good while and glancing at the charts, I can't find reason to sell let alone close out my longs. So I'll wait patiently and see how we react below 1.6000. If things go the way they have been, we'll pop slightly above 1.6000 or fail a bit below it. Build steam for a few days, testing it a few times, have the bears come out and start screaming that the sky is falling (best indication to load the boat for longs by the way) and then we'll crack it and head for higher ground.

Just my opinion though
check out my blog: forexmademillionaire dot com
  • #258,733
  • Oct 5, 2010 11:34am Oct 5, 2010 11:34am
Quoting Geppy
I was once a n00b
lol good answer
  • #258,734
  • Oct 5, 2010 11:35am Oct 5, 2010 11:35am
Quoting egkid
First close to my positions if any one interested.
http://www.forexfactory.com/showpost...7&postcount=61
That was a good call eg ... I actually wrote it down when you first posted it and just looked at it earlier and wondered if you were still in or not. I traded my own plan and now flat but I'm in the green!

  • #258,735
  • Oct 5, 2010 11:37am Oct 5, 2010 11:37am
Quoting Geppy
Attempt, yes. Break, yes. When, I dunno.

I've been in "buy the dips" mode for a good while and glancing at the charts, I can't find reason to sell let alone close out my longs. So I'll wait patiently and see how we react below 1.6000. If things go the way they have been, we'll pop slightly above 1.6000 or fail a bit below it. Build steam for a few days, testing it a few times, have the bears come out and start screaming that the sky is falling (best indication to load the boat for longs by the way) and then we'll crack it and head for higher...
Thanks for your advice! Good luck to you sir!
  • #258,736
  • Oct 5, 2010 11:49am Oct 5, 2010 11:49am
Quoting AllyB
That was a good call eg ... I actually wrote it down when you first posted it and just looked at it earlier and wondered if you were still in or not. I traded my own plan and now flat but I'm in the green!

Thanks bro we all learning , Knowledge has no end
Wish u much green ++
  • #258,737
  • Oct 5, 2010 11:57am Oct 5, 2010 11:57am
hı guys I m from Turkey and new in fx and also in this forum.. so much to learn in this trade..!by the way maybe here is not place sorry,but waiting for r advices and tips..good lucks..
  • #258,738
  • Oct 5, 2010 12:00pm Oct 5, 2010 12:00pm
Quoting egkid
Thanks bro we all learning , Knowledge has no end
Wish u much green ++
1- losing >> because insist to reach ur TP no matter what
2- make profit and then lose it>> Insist to dance to only one rhythm with ur self not listening to market rhythm
3- make profit and keep it >> first step to success u listen , dance, flexible
4- professional Dancer as i call it >> Creator and have a vision

I am working hard on #3
  • #258,739
  • Oct 5, 2010 12:06pm Oct 5, 2010 12:06pm
long for 1.6003 ? 3 month high
Hero calls followed by margin calls...
  • #258,740
  • Oct 5, 2010 12:16pm Oct 5, 2010 12:16pm
Quoting AllyB
1- losing >> because insist to reach ur TP no matter what
2- make profit and then lose it>> Insist to dance to only one rhythm with ur self not listening to market rhythm
3- make profit and keep it >> first step to success u listen , dance, flexible
4- professional Dancer as i call it >> Creator and have a vision

I am working hard on #3
Good i thought no one read it but u catch it
Forex Not that hard as they say it's like any other thing in life
"If you love your work u will b successful"
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