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Cable Update (GBPUSD)

  • #262,221
  • Oct 28, 2010 11:40am Oct 28, 2010 11:40am
Quoting trending


Don't really care if it goes up to 1.65 or 1.53. Just unhappy with those who are so sure about it and posting stupid pictures and videos.

Read my nick.
and im unhappy with "your ass" thingies

Quoting trending


The shorters needs to start learning how to read the news. 1.53 my ass.
Verily, in every difficulties there is relief
  • #262,222
  • Oct 28, 2010 11:44am Oct 28, 2010 11:44am
Quoting trending


Don't really care if it goes up to 1.65 or 1.53. Just unhappy with those who are so sure about it and posting stupid pictures and videos.

Read my nick.
I assume you are making reference to grashid.

Let me put it this way... If you were to work solely of the monthly charts, then those kind of numbers that are 100's of pips away will be your targets and you will be discussing them on a forum like here.

With regards to stupid pictures and videos... you know where the ignore button is and if they really offend you can always click on the cleanup report icon.

Remember... this is a public forum, free for all to post what they like (within reason of course!)
  • #262,223
  • Oct 28, 2010 11:44am Oct 28, 2010 11:44am
Quoting Erinieks
but what you can do, how can you help me?
bloody hell learn to take a loss. It's never nice to lose, but understand that it's completely unavoidable in this business mate.
Listen, the monthly resistance is @5994, now give it say an extra 10 pips room and set all your short stops there and walk away, or you can just close all those positions now and walk away. There's no guarantee that price will tank all the way back down to your weakest position & you can escape all these trade without a loss. Tho I honestly think if you insist on going out without a loss, your best bet is what this guy had suggested earlier.
Thank You
  • #262,224
  • Oct 28, 2010 11:46am Oct 28, 2010 11:46am
Quoting danielabas
it'll need days buddy to close all your position,may be weeks.i need to know your lot size of all your sell and buy order, may be i can help you min your lost
You are the best, I put my lot sizes....
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  • #262,225
  • Oct 28, 2010 11:46am Oct 28, 2010 11:46am
Quoting bbakker
5792 to be exact... lol.. IF she breaks 909 and the tl.

My 250 pip gain in EU has shrunk to 83 pips... lol. It is a freebie and if it goes any higher, I will just sell at a better price

I see Pip Stunner never took you up on your challenge... lol

Otherwise, you still taking plenty of dough from the markets, as always!
Get this ... I went short last week at 1.5975 for a long term trade keeping an eye on the daily and hoping to get to at least 1.53. Didn't bother to exit at 1.5650 thinking that it would make me strong minded like Nav and test my patience. Well from +325 to 0. Although I have been doing my normal 15 min scalping as well. No more swinging for me as I am simply crap at it.
You've got to be IN IT to WIN IT!
  • #262,226
  • Oct 28, 2010 11:46am Oct 28, 2010 11:46am
You have been chasing your loses thats a BIG NO NO

Quoting Erinieks
help me, there are my chart with my open positions, please help me go out without lose. What I need to do?
Enter Signature
  • #262,227
  • Oct 28, 2010 11:54am Oct 28, 2010 11:54am
Quoting bbakker
5792 to be exact... lol.. IF she breaks 909 and the tl.

My 250 pip gain in EU has shrunk to 83 pips... lol. It is a freebie and if it goes any higher, I will just sell at a better price

I see Pip Stunner never took you up on your challenge... lol

Otherwise, you still taking plenty of dough from the markets, as always!
yep.
yoorow had been paying nicely this week. made some good money there, cable had been a bit tougher to position tho with the massive whipsaws.
Careful with that yoorow short tho brian, it's back above the W1 pvp.

Pip stunner is a clown, think i'm gonna start to ignore his drivel.
Have a good one my friend, good luck!
Thank You
  • #262,228
  • Oct 28, 2010 11:56am Oct 28, 2010 11:56am
Quoting Erinieks
You are the best, I put my lot sizes....
damn the way you put it earlier sounded like you were down a few large lmao. No offense but you won't be needing that prayer mat.
Thank You
  • #262,229
  • Oct 28, 2010 11:58am Oct 28, 2010 11:58am
Quoting Beljevina
LOL, I needed that laugh!!!

We'll have to see where we close today. We're coming off the 1.598 top fairly quickly with some USD stability/strength returning, although we're into the NY/Chicago lunch-hour, so a retrace of the moves is fairly common.

Interesting though that S&P is coming undone, even with the POMO behind it - speaks to it being built in, or insufficient QE2 $$$'s. Regardless, we'll have to see where things head after 2pm EST. A close below 1.594 still remains bearish for cable, but tomorrow & that cable close will be telling....
I wholeheartedly agree. Today's news with Captain Bernanke having to ask his ship mates which way to turn certainly didn't do the $ any favours today. The central banks in this world have a lot to answer for! But hey ho... all we can do is take advantage of their stupidity.
  • #262,230
  • Oct 28, 2010 11:59am Oct 28, 2010 11:59am
Quoting wormboy
damn the way you put it earlier sounded like you were down a few large lmao. No offense but you won't be needing that prayer mat.
bla bla bla
  • #262,231
  • Oct 28, 2010 12:03pm Oct 28, 2010 12:03pm
Quoting Ifty
Get this ... I went short last week at 1.5975 for a long term trade keeping an eye on the daily and hoping to get to at least 1.53. Didn't bother to exit at 1.5650 thinking that it would make me strong minded like Nav and test my patience. Well from +325 to 0. Although I have been doing my normal 15 min scalping as well. No more swinging for me as I am simply crap at it.
Use the 3 runners technique for swing trades... it is the only way! Cash in at certain technical targets and the last one will be free. For long-term swing trades you should use monthly, weekly and daily charts only.

Yes, it is depressing seeing all your profit wiped out, but it could easily have continued on its way.... you just never know! If you get a nice runner that keeps running for miles, well... it could make your year!
  • #262,232
  • Oct 28, 2010 12:04pm Oct 28, 2010 12:04pm
nice evening star on the hourly. now where's my 909
Thank You
  • #262,233
  • Oct 28, 2010 12:06pm Oct 28, 2010 12:06pm
[quote=Erinieks;4130422]You are the best, I put my lot sizes....[/quote

if the price going south, do not liquid 7452 and 7669, set 6909 tp at be set 6846 sl at order no 6909 . set 7019 tp at order no 6909.

if the price going north better you liquid all your position at order no 7452

you have to watch the pa all day, do not leave your computer.if you can not do that, better like wormboy said, liquid all your position now.
yesterday was good, today is the best, tomorrow is amazing.....
  • #262,234
  • Oct 28, 2010 12:06pm Oct 28, 2010 12:06pm
Quoting wormboy
damn the way you put it earlier sounded like you were down a few large lmao. No offense but you won't be needing that prayer mat.
lol

Rather than looking at the $ and just use %, he is 40% down on his account and you simply cannot do that if you want to be in this long-term!
  • #262,235
  • Oct 28, 2010 12:10pm Oct 28, 2010 12:10pm
Quoting wormboy
nice evening star on the hourly. now where's my 909
on the way sir.... LOL
yesterday was good, today is the best, tomorrow is amazing.....
  • #262,236
  • Oct 28, 2010 12:14pm Oct 28, 2010 12:14pm
Quoting danielabas
on the way sir.... LOL
massive pin on the H4 close as well, this sucker best not be playing
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Thank You
  • #262,237
  • Oct 28, 2010 12:15pm Oct 28, 2010 12:15pm
[quote=danielabas;4130475]
Quoting Erinieks
You are the best, I put my lot sizes....[/quote

if the price going south, do not liquid 7452 and 7669, set 6909 tp at be set 6846 sl at order no 6909 . set 7019 tp at order no 6909.

if the price going north better you liquid all your position at order no 7452

you have to watch the pa all day, do not leave your computer.if you can not do that, better like wormboy said, liquid all your position now.
so hard
  • #262,238
  • Oct 28, 2010 12:15pm Oct 28, 2010 12:15pm
Quoting wormboy
yep.
yoorow had been paying nicely this week. made some good money there, cable had been a bit tougher to position tho with the massive whipsaws.
Careful with that yoorow short tho brian, it's back above the W1 pvp.

Pip stunner is a clown, think i'm gonna start to ignore his drivel.
Have a good one my friend, good luck!
I have learned to accept that my last runner might never make it to its destination, but hey it's a freebie. Sure I could have taken the profit yesterday, but my target for this one is 1.33 before I start contemplating moving the SL.
  • #262,239
  • Oct 28, 2010 12:25pm Oct 28, 2010 12:25pm
Nice Pin on 1h and one forming on 4h

Gone short @ 1.5926 TP @ 1.5900
Enter Signature
  • #262,240
  • Oct 28, 2010 12:29pm Oct 28, 2010 12:29pm
Quoting bbakker
I have learned to accept that my last runner might never make it to its destination, but hey it's a freebie. Sure I could have taken the profit yesterday, but my target for this one is 1.33 before I start contemplating moving the SL.
understood. I cleared all shorts yesterday @3733 bar one which was locked @bep+100. Got stopped out on that freebie as you'd have imagined.
Thank You
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