SL shifted 1.6239 I am still long 25lots @ 1.6350 and 11 lots long @ 1.6408 TP- 1.6520
If it falls below 1.6280 I am going to input 14lots more. So a total of 50 lots..
Reason being i anticipated it will fall to 1.6280 to input more 25 lots but instead it went up boosting my confidence but i put 11lots for total of 36lots.. but now its going down.. so i wish it goes lower than 1.6280 to input the remaining lots of my quota of 14lots.
Either way im happy... just if it goes down before it goes up.. ill be a more happy guy
Cable Update (GBPUSD)
- #276,082
- Apr 12, 2011 4:46am Apr 12, 2011 4:46am
- | Commercial User | Joined Feb 2010 | 2,739 Posts
in less than a week
for the time being 1.6180 will be my next TP on the shorts.1.614X is a bottom for me
we'll see how it goes.I have those 6 weeks allocated for this.
and the price will pass 1.65 and will go to 1.67 in fact and then will pull back some 590 pips as a minimum
if it works out I am a genius
if not I am just poor 
- #276,085
- Apr 12, 2011 4:58am Apr 12, 2011 4:58am
- Joined Sep 2010 | Status: Life Time Member | 6,685 Posts
Man how are you? I'm really worried about you ...
- #276,087
- Apr 12, 2011 5:06am Apr 12, 2011 5:06am
- | Joined Jun 2010 | Status: Trader | 1,429 Posts
I wouldn't say they were low, but I agree with your conclusion. As I have stated many times on this thread, the earliest the BoE will raise interest rates is in August with many reasons given... and I still stand by that!
Still looking for a good entry as my H4 has confirmed but not from D1 yet.
- #276,091
- Apr 12, 2011 5:24am Apr 12, 2011 5:24am
- Joined Sep 2006 | Status: Oh yeahhh :) | 1,409 Posts
- #276,092
- Apr 12, 2011 5:25am Apr 12, 2011 5:25am
- Joined Jan 2009 | Status: Per Aspera Ad Astra | 6,262 Posts
- #276,094
- Apr 12, 2011 5:26am Apr 12, 2011 5:26am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #276,096
- Apr 12, 2011 5:39am Apr 12, 2011 5:39am
- Joined Feb 2010 | Status: Inactive | 6,482 Posts
bakker whats the point?
Personally I think he over-leveraged himself from his posts but I do not know all his circumstances and therefore I am only making assumptions, hence the request for an update.
The point here is that over-leveraging will eventually lead to tears. There is a lesson somewhere in his posts... that's all.
- #276,098
- Apr 12, 2011 5:46am Apr 12, 2011 5:46am
Seeing people lose serious money is not in the slightest bit amusing, rather it pains me.
Personally I think he over-leveraged himself from his posts but I do not know all his circumstances and therefore I am only making assumptions, hence the request for an update.
The point here is that over-leveraging will eventually lead to tears. There is a lesson somewhere in his posts... that's all.
