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Cable Update (GBPUSD)

  • #275,461
  • Apr 5, 2011 5:24am Apr 5, 2011 5:24am
Quoting bonus76
i exited 2 early
good for you

don't follow anybody here on this forum as people have different MM and balances.

I can afford to take a long trade for this short and I don't have to many positions on it anyway.As I mentioned some time ago my main goal is the long trade closing first at 1.64 then 1.67,1.70 and so on

the moment you have your profit either move the SL to BE and later to lock some profit or just close in profit and wait for the next entry.

Never ever feel sorry for the pips you left in the market as long as your trades are on + ...specially in this kind of market
  • #275,462
  • Apr 5, 2011 5:25am Apr 5, 2011 5:25am
Buy a dip friend !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #275,463
  • Apr 5, 2011 5:25am Apr 5, 2011 5:25am
Put your short when it can't break the yellow circle
Attached Image (click to enlarge)
Click to Enlarge Name: Gbpusd.png Size: 42 KB
  • #275,464
  • Apr 5, 2011 5:31am Apr 5, 2011 5:31am
Quoting manize
Buy a dip friend !
good advice - looking for 270
  • #275,465
  • Apr 5, 2011 5:34am Apr 5, 2011 5:34am
Quoting J.Giordano
Put your short when it can't break the yellow circle
morning to you too

could you please post the chart again with the value bar on the right side so we can see the price in that yellow circle
  • #275,466
  • Apr 5, 2011 5:34am Apr 5, 2011 5:34am
Quoting J.Giordano
Put your short when it can't break the yellow circle
I believe that I have seen new signal that determine GU is already gone to short trend at the moment , right ?
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  • #275,467
  • Apr 5, 2011 5:34am Apr 5, 2011 5:34am
Quoting J.Giordano
Put your short when it can't break the yellow circle
You can short upmoves and be successful but you can't take any old crap entry - have to be disciplined and wait for it - look at daily , is it uptrend or downtrend? Best to buy dips in an uptrend and sell rallies in a downtrend -
  • #275,468
  • Apr 5, 2011 5:37am Apr 5, 2011 5:37am
Quoting Mrleeforex
I believe that I have seen new signal that determine GU is already gone to short trend at the moment , right ?
Would that be the 160 pip move up since this morning in an uptrend?

Seriously , please tell us/show us your signal
  • #275,469
  • Apr 5, 2011 5:41am Apr 5, 2011 5:41am
Quoting chazzle
You can short upmoves and be successful but you can't take any old crap entry - have to be disciplined and wait for it - look at daily , is it uptrend or downtrend? Best to buy dips in an uptrend and sell rallies in a downtrend -
Thanks for the advice,Maybe I am wrong,I am still learning and got no experience
  • #275,470
  • Apr 5, 2011 5:47am Apr 5, 2011 5:47am
Quoting J.Giordano
Thanks for the advice,Maybe I am wrong,I am still learning and got no experience
It is difficult to try to guess the top or bottom and consistently make money out of it - I'm not saying it's impossible because there are all different ways to make money from the market and there are probably people out there who do it.But if you are a beginner with less than a few years experience it is a lot easier to just go with the trend
  • #275,471
  • Apr 5, 2011 5:48am Apr 5, 2011 5:48am
Quoting chazzle
Would that be the 160 pip move up since this morning in an uptrend?

Seriously , please tell us/show us your signal
Yes, You are correct it's an uptrend but I assume GU has already reached the safety zone based from what I see in Daily Chart. There might be a reversal trend from there.
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  • #275,472
  • Apr 5, 2011 5:55am Apr 5, 2011 5:55am
Quoting chazzle
It is difficult to try to guess the top or bottom and consistently make money out of it - I'm not saying it's impossible because there are all different ways to make money from the market and there are probably people out there who do it.But if you are a beginner with less than a few years experience it is a lot easier to just go with the trend
Yeap,Thank you so much sir
I am not only the beginner but also a very poor and stupid trader...
  • #275,473
  • Apr 5, 2011 5:59am Apr 5, 2011 5:59am
here it is my view
but if nothing happens by 4 PM i'm out of here
Attached Image (click to enlarge)
Click to Enlarge Name: sell GU.JPG Size: 223 KB
  • #275,474
  • Apr 5, 2011 6:01am Apr 5, 2011 6:01am
juz closed my gbp/aud for +265pips....
Attached Image (click to enlarge)
Click to Enlarge Name: ga.JPG Size: 6 KB
  • #275,475
  • Apr 5, 2011 6:07am Apr 5, 2011 6:07am
Quoting ndsouz
It is for real !
So are the Easter Bunny, Tooth Fairy, and Santa.

No need to try to impress. If you've got to feel like you need a pat on the back, just post your trades as you make them.

They'll tell the truth.
No way I'll wreck this... It's a beer truck!
  • #275,476
  • Apr 5, 2011 6:25am Apr 5, 2011 6:25am
I can see the up trend coming but for now I am taking small pips to play it save, as still don't know how much down trend is there.
  • #275,477
  • Apr 5, 2011 6:42am Apr 5, 2011 6:42am
I'm looking at the GU chart, especially the stochs & EMA200 and it seems that except for the M15 all of them say it could go down soon. Though I read here in this topic there have been some targets set for 6300 hmm
  • #275,478
  • Apr 5, 2011 6:48am Apr 5, 2011 6:48am
This is what I've see now...
Attached Image
  • #275,479
  • Apr 5, 2011 6:57am Apr 5, 2011 6:57am
sorry..
Attached Image
  • #275,480
  • Apr 5, 2011 7:07am Apr 5, 2011 7:07am
Quoting Johnny Depp
sorry..
On 5 Min CHart GU goes to sideway Trend, hopefully GU will show us signal sooner
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