Did not make any money past week. So taking a short here.. Shorting GBP USD 1.6322 is the entry.. Only 0.5 lots. Lets see
- #10,803
- Edited 3:27am Apr 11, 2011 3:25am | Edited 3:27am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Thank You
- #10,804
- Apr 11, 2011 3:27am Apr 11, 2011 3:27am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Hi!
whats your take for this week wormie?
Bias remains bullish for cable & eurusd.
But you know me, whichever way the wind blows, I'm there
Still flat atm.
Thank You
- #10,805
- Apr 11, 2011 3:29am Apr 11, 2011 3:29am
- | Commercial User | Joined Jan 2010 | 3,733 Posts
I don't want a job, i want money!
- #10,807
- Apr 11, 2011 3:56am Apr 11, 2011 3:56am
- | Joined May 2008 | Status: Ad Astra Per Aspera | 1,741 Posts
Hi saiful
Bias remains bullish for cable & eurusd.
But you know me, whichever way the wind blows, I'm there
Still flat atm.
coz i seen eu fall while gu continue bullish
Verily, in every difficulties there is relief
- #10,808
- Apr 11, 2011 3:57am Apr 11, 2011 3:57am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Thanks for comment Wormboy. The only reason I take any trade is the price action I see. At the time I took the trade it seems to be very bearish and sure enough I was wrong. Close the trade for -26 loss. Lost $100+... Bad start to the week..
Grrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
Why I questioned you was because you had initiated short without mentioning your trade detail or any chart to assist. Had you done so, even if you put you mentioned stops, we could've understood why you took it.
For example, if you mentioned that you had placed your short stop at previous week's hi @6430 I would've understood the short as the H1 is showing that the bearish divergence is now valid & in play. But saying that at the time you took the short pa was suggesting it does not add up imo as the ltf was showing strength.
But there is no right or wrong my friend, just that blind calls if posted here, will be questioned
Thank You
- #10,809
- Apr 11, 2011 4:03am Apr 11, 2011 4:03am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Thank You
Hi saiful
Bias remains bullish for cable & eurusd.
But you know me, whichever way the wind blows, I'm there
Still flat atm.
Waiting signal to board the ship!
To space or the deep ocean... time will reveal all.
- #10,812
- Apr 11, 2011 4:14am Apr 11, 2011 4:14am
- | Joined May 2008 | Status: Ad Astra Per Aspera | 1,741 Posts
Funny coz atm I see the opposite! lol
But what timeframe are we talking about anyway? I still am waiting for a better entry.
edit:wrong gbp chart
Verily, in every difficulties there is relief
- #10,813
- Apr 11, 2011 4:17am Apr 11, 2011 4:17am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Thanks a lot for the comment. I post my entries here to get comments from everybody. So please continue doing that. It did help me today and I am sure it will help in the future... I was impatient at that call i guess... Need to wait until I see a clear breakouts..
Next time when I post a trade I will give more details so you guys can comment and help me.
Thank you
We all post here to learn from each other, so don't worry about getting things wrong, hell I get things wrong half the time too
Have a good one!
Thank You
- #10,814
- Apr 11, 2011 4:18am Apr 11, 2011 4:18am
- | Commercial User | Joined Jan 2010 | 3,733 Posts
I don't want a job, i want money!
- #10,815
- Apr 11, 2011 4:19am Apr 11, 2011 4:19am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
weekly
edit:wrong gbp chart
That weekly close was mega bullish, why short it?
Thank You
- #10,816
- Apr 11, 2011 4:24am Apr 11, 2011 4:24am
- | Joined May 2008 | Status: Ad Astra Per Aspera | 1,741 Posts
Okay you lost me there lol.
That weekly close was mega bullish, why short it?
btw gu also breaking weekly resistance isnt it?
Verily, in every difficulties there is relief
- #10,817
- Apr 11, 2011 4:30am Apr 11, 2011 4:30am
- | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Closed my short the other day from 640 and 6420 @ 63300 . Should have scalped instead, waited too long.
Anyways, bullish on cable now but bearish on euro, look at EG weekly closes from 2 weeks, you'll know what I mean!!
In the event of dollar buying, cable will be protected.
ta
ams
Anyways, bullish on cable now but bearish on euro, look at EG weekly closes from 2 weeks, you'll know what I mean!!
In the event of dollar buying, cable will be protected.
ta
ams
Hi saiful
Bias remains bullish for cable & eurusd.
But you know me, whichever way the wind blows, I'm there
Still flat atm.
- #10,818
- Apr 11, 2011 4:30am Apr 11, 2011 4:30am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
i want to see it testing at least 31 oct high... otherwise, you know where my stop is
btw gu also breaking weekly resistance isnt it?
erm, not sure what resistance you're talking about, the next big one I have is @1.6515
Thank You
- #10,819
- Apr 11, 2011 4:32am Apr 11, 2011 4:32am
- | Joined May 2008 | Status: Ad Astra Per Aspera | 1,741 Posts
you want to "see it test", heck I wanna see it tank all the way to 1.3 to get my hollywood trade, doesn't mean I'm gonna get it
erm, not sure what resistance you're talking about, the next big one I have is @1.6515
didnt i say at least
ps: im talking about eu not gu
Verily, in every difficulties there is relief
- #10,820
- Apr 11, 2011 4:34am Apr 11, 2011 4:34am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Closed my short the other day from 640 and 6420 @ 63300 . Should have scalped instead, waited too long.
Anyways, bullish on cable now but bearish on euro, look at EG weekly, you'll know what I mean!!
ta
ams
well looks like pa's got everyone in a twist atm. Good thing I'm still flat lol
Thank You