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Cable Update (GBPUSD)

  • #276,521
  • Apr 15, 2011 4:22am Apr 15, 2011 4:22am
Good day to you,

How neutral do you want it to be? Goodness!

Regards
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  • #276,522
  • Apr 15, 2011 4:24am Apr 15, 2011 4:24am
Quoting sphinx8
ugly meaning for the pound?
Ugly for us I mean, suppose that USD news are varied some up down non predictable move might be on. I still keep my SHORT from before with a few loss. I don't think that I will wait till US news or session. I got slammed hard 150 pips on 1 April because of that sudden bulls without any resistance and I may be too cautious but sure small pips is better than unpredictable large pips on Friday I think.
  • #276,523
  • Apr 15, 2011 4:26am Apr 15, 2011 4:26am
Quoting 0rPhioZ
Ugly for us I mean, suppose that USD news are varied some up down non predictable move might be on. I still keep my SHORT from before with a few loss. I don't think that I will wait till US news or session. I got slammed hard 150 pips on 1 April because of that sudden bulls without any resistance and I may be too cautious but sure small pips is better than unpredictable large pips on Friday I think.
yeah tell me about April 1st...... same here
  • #276,524
  • Apr 15, 2011 4:53am Apr 15, 2011 4:53am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
I am posting my thoughts on 2 charts posted below....

One 4hr shows we are ranging with imp points. the other daily one shows the true nature of this beast....
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  • #276,525
  • Apr 15, 2011 5:03am Apr 15, 2011 5:03am
Quoting ams
I am posting my thoughts on 2 charts posted below....

One 4hr shows we are ranging with imp points. the other daily one shows the true nature of this beast....
That looks bulls beast to me urgh, my SHORT position...
  • #276,526
  • Apr 15, 2011 5:09am Apr 15, 2011 5:09am
Good day,

Whilst we wait.... Let me ask you this.

What would be the 1 single most important rule you want to apply to your trading? You can only pick 1.

I also would like to invite the newer members to post the single most important rule they apply/would apply.

For me:

PATIENCE - let price come to you.

This is my most important rule.

What's yours?

Regards

PS - If you don't follow any rules - you do not need to answer
  • #276,527
  • Apr 15, 2011 5:10am Apr 15, 2011 5:10am
Quoting TauTrader
Good day,

Whilst we wait.... Let me ask you this.

What would be the 1 single most important rule you want to apply to your trading? You can only pick 1.

I also would like to invite the newer members to post the single most important rule they apply/would apply.

For me:

PATIENCE - let price come to you.

This is my most important rule.

What's yours?

Regards

PS - If you don't follow any rules - you do not need to answer

Patience and awerness to me
  • #276,528
  • Apr 15, 2011 5:15am Apr 15, 2011 5:15am
well patienece in hand with "over-trading" is my biggest weak point )
  • #276,529
  • Apr 15, 2011 5:18am Apr 15, 2011 5:18am
Cant say I have evry solid rules however. I buy when 1min RSI (14) and Stochastic Slow (15,5,5) is at the bottom, and sell when they are at the top.
  • #276,530
  • Apr 15, 2011 5:18am Apr 15, 2011 5:18am
Quoting TauTrader
Good day,

Whilst we wait.... Let me ask you this.

What would be the 1 single most important rule you want to apply to your trading? You can only pick 1.

I also would like to invite the newer members to post the single most important rule they apply/would apply.

For me:

PATIENCE - let price come to you.

This is my most important rule.

What's yours?

Regards

PS - If you don't follow any rules - you do not need to answer
Hello, Do you categorize TIME as PATIENCE ? I feel that my rule is a bit similar with your PATIENCE thing. FYI, now I use no indicators and I base my trade only from the current condition. My TIME rule is I will wait for pullback and then testing it till some time. Suppose that it's profitable I'll extend the time but when it reachs the time limit and all I can see is loss I'll just shut it.
  • #276,531
  • Apr 15, 2011 5:20am Apr 15, 2011 5:20am
Quoting TauTrader
Good day,

Whilst we wait.... Let me ask you this.

What would be the 1 single most important rule you want to apply to your trading? You can only pick 1.

I also would like to invite the newer members to post the single most important rule they apply/would apply.

For me:

PATIENCE - let price come to you.

This is my most important rule.

What's yours?

Regards

PS - If you don't follow any rules - you do not need to answer
mine is: DON'T THINK, DON'T HOPE, DON'T PRAY. REACT AND TRADE WHAT MARKET IS SAYIN.
90% of traders use TA, indicators and prediction
  • #276,532
  • Apr 15, 2011 5:24am Apr 15, 2011 5:24am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Some pairs to trade with (giving freebies) NZD very strong, and have a market overview...seems USD is turning tide...have a look at pairs marked in green!!!
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  • #276,533
  • Apr 15, 2011 5:24am Apr 15, 2011 5:24am
Couldn't agree more with BBKing here. I just don't think the market will give us some smooth sailing on the price these coming days. It is something that really hard in getting the last trade into one actually.
  • #276,534
  • Apr 15, 2011 5:30am Apr 15, 2011 5:30am
Quoting ams
Some pairs to trade with (giving freebies) NZD very strong, and have a market overview...seems USD is turning tide...have a look at pairs marked in green!!!
Good day to you,

Take this rubbish off the forum, please!
(I'm still waiting for your PM and the EA - please send it to me!)

I want nothing to do with this!
(please,please,please - I'll wash your car!)

ENOUGH OF THIS!
( The comment above is just to con the others not to ask you too)

Regards
  • #276,535
  • Apr 15, 2011 5:30am Apr 15, 2011 5:30am
Quoting _BBKing_
mine is: DON'T THINK, DON'T HOPE, DON'T PRAY. REACT AND TRADE WHAT MARKET IS SAYIN.
good one, but still there is a little room for the "hope/guess" down the line
  • #276,536
  • Apr 15, 2011 5:47am Apr 15, 2011 5:47am
The bulls are still very persistent, any idea what might cause this? I don't think it's EUR news anymore.
  • #276,537
  • Apr 15, 2011 6:03am Apr 15, 2011 6:03am
Quoting TauTrader
Good day,

Whilst we wait.... Let me ask you this.

What would be the 1 single most important rule you want to apply to your trading? You can only pick 1.
Equanimity: no greed, no fear.

Good trading to you!
  • #276,538
  • Apr 15, 2011 6:12am Apr 15, 2011 6:12am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
I ain't no new trader but I still like to respond....

My rule: Greed is Good!!!




Quoting TauTrader
Good day,

Whilst we wait.... Let me ask you this.

What would be the 1 single most important rule you want to apply to your trading? You can only pick 1.

I also would like to invite the newer members to post the single most important rule they apply/would apply.

For me:

PATIENCE - let price come to you.

This is my most important rule.

What's yours?

Regards

PS - If you don't follow any rules - you do not need to answer
  • #276,539
  • Apr 15, 2011 6:18am Apr 15, 2011 6:18am
Quoting TauTrader
Good day,

Whilst we wait.... Let me ask you this.

What would be the 1 single most important rule you want to apply to your trading? You can only pick 1.

I also would like to invite the newer members to post the single most important rule they apply/would apply.

For me:

PATIENCE - let price come to you.

This is my most important rule.

What's yours?

Regards

PS - If you don't follow any rules - you do not need to answer

Don't follow others. Learn the best you can and trade what "you" see.
Ghost Rider - WWTBMD?
  • #276,540
  • Apr 15, 2011 6:19am Apr 15, 2011 6:19am
Quoting ams
I ain't no new trader but I still like to respond....

My rule: Greed is Good!!!
I like that, sir (only during profitable trades)
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