15630 might not be cracked today ... I'm looking for long scalps
- euro rallying ... cable can't even make it above 15670 again
Cable Update (GBPUSD)
- #266,581
- Dec 15, 2010 4:38am Dec 15, 2010 4:38am
- Joined Sep 2010 | Status: Trader | 11,327 Posts
- euro rallying ... cable can't even make it above 15670 again
- #266,582
- Dec 15, 2010 4:40am Dec 15, 2010 4:40am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
Agree with nAVIN2007 on this one!
Here is my outlook on GU and I am bearish. Possible H&S pattern forming on d1
Attachment
Anyway, I have stopped trading and will not open any new positions until Sunday 23rd Jan for various reasons. I still have a couple positions out there that I will manage during this period, although I closed my GBPCHF short from November for 825 pips yesterday. (Link to original post is http://www.forexfactory.com/showthre...58#post4186058)
Take a break from trading people... you deserve...
dont need the stress of a trading position to distract u
but u do know there gonna be a few in here trading the holidays..when there no volume...(i know i have) haha
was painfull to say the least!!
- #266,584
- Dec 15, 2010 4:45am Dec 15, 2010 4:45am
- Joined Feb 2010 | Status: Inactive | 6,482 Posts
season greeting to u bro..i agree this is a festive time..if u have loved ones, u couldnt find a better time
but u do know there gonna be a few in here trading the holidays..when there no volume...(i know i have) haha
P.S. I just checked GBPCHF and I might have closed it too early. Oh well... still got a 25:1 Reward to Risk ratio on my last runner!
- #266,585
- Dec 15, 2010 4:47am Dec 15, 2010 4:47am
- | Joined May 2009 | Status: Trader | 1,124 Posts
closing 3 for 10 total
You've got to be IN IT to WIN IT!
- #266,586
- Dec 15, 2010 4:48am Dec 15, 2010 4:48am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
and back on the short side of cable as euro hits a bit of resistance after 90 pip rally
- #266,587
- Dec 15, 2010 4:50am Dec 15, 2010 4:50am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
Happy Birthday on the 24th to you bro! You have 3 months on me. Big 40 next year for the both of us
P.S. I just checked GBPCHF and I might have closed it too early. Oh well... still got a 25:1 Reward to Risk ratio on my last runner!
thanks man!! enjoy..
(25:1) ..thats amazing..can never complain..just improve but no improvement needed with that return!!
- #266,589
- Dec 15, 2010 5:00am Dec 15, 2010 5:00am
- Joined Sep 2010 | Status: Trader | 11,327 Posts
i bet yur thinking wtf
- #266,591
- Dec 15, 2010 5:08am Dec 15, 2010 5:08am
I'm short from 715.
For the past hour price has been indecisive but my bias would be slightly to the short side, 675 being the wall for a break long - even so there's congestion right up to my entry short at ~715.
I'm keeping my short open for now, time to pop out for a coffee.
For the past hour price has been indecisive but my bias would be slightly to the short side, 675 being the wall for a break long - even so there's congestion right up to my entry short at ~715.
I'm keeping my short open for now, time to pop out for a coffee.
"I made all my money by selling too soon"
- #266,592
- Dec 15, 2010 5:11am Dec 15, 2010 5:11am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
well I close for -4 ... but 80+ for the day so will only take really obvious ones now ..
What do you mean? I'm always thinking WTF http://cdn.forexfactory.com/images/s.../yim/silly.gif
- #266,593
- Dec 15, 2010 5:12am Dec 15, 2010 5:12am
- | Joined May 2009 | Status: Trader | 1,124 Posts
well I close for -4 ... but 80+ for the day so will only take really obvious ones now ..
well done. Great pips from scalping mate, nice one.
You've got to be IN IT to WIN IT!
- #266,594
- Dec 15, 2010 5:17am Dec 15, 2010 5:17am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
something has to trigger the huge bullish diverence on swissy (take a look at the monthly chart on swissy..)
- #266,595
- Dec 15, 2010 5:18am Dec 15, 2010 5:18am
- Joined Sep 2010 | Status: Trader | 11,327 Posts
thanks guys - hey Ifty I got 59 pips from one of those trades - probably a scalp to Navin but for me thats quite an achievement
- #266,596
- Dec 15, 2010 5:20am Dec 15, 2010 5:20am
- | Joined May 2009 | Status: Trader | 1,124 Posts
You've got to be IN IT to WIN IT!
- #266,597
- Dec 15, 2010 5:23am Dec 15, 2010 5:23am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
thanks guys - hey Ifty I got 59 pips from one of those trades - probably a scalp to Navin but for me thats quite an achievement
there was a stage, u can see in my journal where, i couldnt get more than 20 pips..59 pips is an achievement buddy..especially at 1 lot
tom in here..scalps 5-10 pips and goes on for months without losing, making a crazy return..its whatever floats the boat
- #266,598
- Dec 15, 2010 5:24am Dec 15, 2010 5:24am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
I've never traded swissy. Do you mean USD/CHF?
- #266,599
- Dec 15, 2010 5:31am Dec 15, 2010 5:31am
- Joined Aug 2009 | Status: Technical fundamentalist | 2,202 Posts
Yes, been watching this for a while:
http://www.forexfactory.com/showpost...&postcount=775
I keep watching for a kiss of the descending magenta TL... of course, I have two running on the chart.
...something is brewing for the new year, I can feel it in my bones, I just don't know what, yet.
http://www.forexfactory.com/showpost...&postcount=775
I keep watching for a kiss of the descending magenta TL... of course, I have two running on the chart.
...something is brewing for the new year, I can feel it in my bones, I just don't know what, yet.
Author of: For Pip's Sake! (Available at Amazon... :-) )
- #266,600
- Dec 15, 2010 5:33am Dec 15, 2010 5:33am
- | Joined May 2009 | Status: Trader | 1,124 Posts
yup its supposed to have a inverse correlation to cable..if that goes up cable gonna sink..and its got massive bullish diverence..i posted a chart previous page
Wife's driving me crazy with chores bro so not concentrating enough today. I will keep any eye on the swissy for corrolation and see if I can make use of it. Thanks.
You've got to be IN IT to WIN IT!