Long entered @5874 SL 5850 TP will manually adjust.
Same setup triggered by ema's nene template.
Holding short on UJ as well, seems they are in sync now.
And pls read my signature
Cable Update (GBPUSD)
- #268,842
- Jan 17, 2011 7:00am Jan 17, 2011 7:00am
- Joined Mar 2008 | Status: Taking Care Of Business | 5,587 Posts
happy new year mate..long time never seen...
yup...let take a rest for a few min
Hear the music before the song is over ...
Hi Yasi,
Welcome....take it easy don't rush things...she can be overly cruel sometimes(...alright alright MOST of the time) ) so let her show you her hand first...
All the best to you
GM
I appreciate your support dear Globalmacro but i have to find where my weaknesses are placed and i think this is about low level of educational info in Forex field.to tell u the truth there are not many good sources for me to learn from and i am just gathering info from the Internet and some times is hard to learn from them please if u have something that it can help me in this case let me know .i hope green pips for u
- #268,844
- Jan 17, 2011 7:08am Jan 17, 2011 7:08am
- | Joined Jun 2010 | Status: Trader | 1,429 Posts
Long entered @5874 SL 5850 TP will manually adjust..
0.6 vol closed for 20 pips. Remaining SL @BE..
Edit: Thanks Chaz, now I'm preparing to join you on sell
- #268,845
- Jan 17, 2011 7:08am Jan 17, 2011 7:08am
- | Commercial User | Joined Oct 2008 | 5,712 Posts
..overconfident....
i just start at 1.59455
- #268,846
- Jan 17, 2011 7:12am Jan 17, 2011 7:12am
i hope green pips for u
Rod
- #268,847
- Jan 17, 2011 7:21am Jan 17, 2011 7:21am
Hi Yasi,
try the forex education lessons at babypips.com
it's a great place to get a good foundation....keywords,concepts
they say it takes 10000 hours to get something really understood
my advice -> get a comfy chair...
and enjoy your journey...!
try the forex education lessons at babypips.com
it's a great place to get a good foundation....keywords,concepts
they say it takes 10000 hours to get something really understood
my advice -> get a comfy chair...
and enjoy your journey...!
- #268,848
- Jan 17, 2011 7:22am Jan 17, 2011 7:22am
- Joined Mar 2008 | Status: Taking Care Of Business | 5,587 Posts
i hope green pips for u
But the most important point you need to keep in mind is that when you have a method, work it through and resist the temptation to jump from method to method (believe me this will happen) that's the worst thing that can happen because that way there is no way one can learn from mistakes...
So just find a method you feel comfortable with then stop looking for other methods and try to learn that method inside out and learn how the market responds to it...how you respond to it...and so on....
Have fun & good luck to you
Hear the music before the song is over ...
- #268,849
- Jan 17, 2011 7:28am Jan 17, 2011 7:28am
- | Commercial User | Joined Oct 2008 | 5,712 Posts
happy new year to you too grashid...
- #268,851
- Jan 17, 2011 7:34am Jan 17, 2011 7:34am
- Joined Sep 2010 | Status: Trader | 11,327 Posts
The rest has closed for 58 pips
Edit: Thanks Chaz, now I'm preparing to join you on sell
- #268,853
- Jan 17, 2011 7:40am Jan 17, 2011 7:40am
- | Joined May 2008 | Status: Ad Astra Per Aspera | 1,741 Posts
i just start at 1.59455
Verily, in every difficulties there is relief
- #268,854
- Jan 17, 2011 7:44am Jan 17, 2011 7:44am
- | Membership Revoked | Joined Mar 2010 | 3,853 Posts
Hi Yasi,
I'm the newbiest newbie on this thread. My method of learning is to do as you have done today.lol. I have always zoomed in on the experienced traders that i can relate to and instinctively trust. I make notes on what they say and then google to further understand their trading vocabulary.
If you find babypips irritating ,as i do, there are plenty of other sites. Just google forex before the key word that you are looking up.
I find this thread the best method of learning not only about cable but trading all the dollar pairings. Also as a mirror for learning about myself, my trading personality and the edge that i am developing.
You are in very good hands on cable thread.
As GM and everyone has said...Good Luck and Have Fun..
I'm the newbiest newbie on this thread. My method of learning is to do as you have done today.lol. I have always zoomed in on the experienced traders that i can relate to and instinctively trust. I make notes on what they say and then google to further understand their trading vocabulary.
If you find babypips irritating ,as i do, there are plenty of other sites. Just google forex before the key word that you are looking up.
I find this thread the best method of learning not only about cable but trading all the dollar pairings. Also as a mirror for learning about myself, my trading personality and the edge that i am developing.
You are in very good hands on cable thread.
As GM and everyone has said...Good Luck and Have Fun..
All systems of divination, like music itself,work through patterns.
- #268,857
- Jan 17, 2011 8:06am Jan 17, 2011 8:06am
- | Joined Jun 2010 | Status: Trader | 1,429 Posts
Have adjusted my trade to my earlier view (C&H - stop run past DEC14 high,etc) BE at 15910 - I don't see bulls pushing this up further than 15940 tbh , makes me feel more confident you're looking to short
Maybe I'm too prudent lol..
- #268,859
- Jan 17, 2011 8:42am Jan 17, 2011 8:42am
- Joined Jan 2009 | Status: Per Aspera Ad Astra | 6,262 Posts
At last some Bearish signals - Evening star on the 1 hour and a Shooting star forming on 4 hour (off A2 = 618) and at a cent level. Think I'll have a little whirl at this for a short. SL = 1.5990 - TP 1 = 1.5815. TP 2 = 1.5728.
Your levels look great. I have TP currently @ 1.5649, but this will change every 4hrs. So the final safe TP level will depend on timing ( how long price will take to start coming down)
It looks like the bull trap is now nearing completion.
Just opinion..I have a feeling they will meet @ 1.5700 area... but this to be calculated later.
All the best to you.
- #268,860
- Jan 17, 2011 8:45am Jan 17, 2011 8:45am
- Joined May 2009 | Status: User of Geppy patience pills | 7,645 Posts
Long.
Don't be a hero. Don't have an ego. Always question yourself