DislikedI am currently holding two shorts one at 1.6423 and 1.6472 stop at 1.6520. But I am really looking for 73.80 to hold on the dollar index. While above that I'll hold shorts for 1.63 if the 73.8 breaks I'll close my positions. If stopped will re enter two positions around 1.6570 depending on PA. Will update later how it went.Ignored
Cable Update (GBPUSD)
- #286,462
- Aug 17, 2011 3:42am Aug 17, 2011 3:42am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #286,466
- Aug 17, 2011 4:15am Aug 17, 2011 4:15am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #286,467
- Aug 17, 2011 4:20am Aug 17, 2011 4:20am
what the....
in 2 minutes I got 60 points... also lost 60....
what the.....
its going crazy again....
in 2 minutes I got 60 points... also lost 60....
what the.....
its going crazy again....
Golden Goose Return This Month:
na
- #286,470
- Aug 17, 2011 4:30am Aug 17, 2011 4:30am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
what a scam...
anyway take note of the potential range..not sure what the hell is going on..but i aint quiting the long
- #286,472
- Edited 4:36am Aug 17, 2011 4:33am | Edited 4:36am
what a scam...
I don't know what to think. Did you notice how the news were known by some before even the release? Banks sold at 1.6450 and bought back at 1.6350. Now 1.6425 as I write.
I should probably stick with EUR/USD, this pair is more difficult to manipulate.
- #286,474
- Aug 17, 2011 4:49am Aug 17, 2011 4:49am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
gulp
i took heavy long @6408 because i was thinkin that line was a good place to short
targeted in less than 5minutes @64418 my broker (fxpro) didnt allow me to change the target.
market is in a scam.
i got profits in such a shitty day.
im very sorry for those who lost!!!!
i feel very bad, my stomach is heavy like a stone.
i leave markets for whole day.
on chart below we see why reaction. i deleted tonight that line
was too much focused on another plan.
big question "why such a buy power with such a bad data"
my answer: market is a live thing... and need money. huge mountains of money to survive.
big lesson today 4me.
very big!
good luck guys
i will come back later later
i took heavy long @6408 because i was thinkin that line was a good place to short
targeted in less than 5minutes @64418 my broker (fxpro) didnt allow me to change the target.
market is in a scam.
i got profits in such a shitty day.
im very sorry for those who lost!!!!
i feel very bad, my stomach is heavy like a stone.
i leave markets for whole day.
on chart below we see why reaction. i deleted tonight that line
was too much focused on another plan.
big question "why such a buy power with such a bad data"
my answer: market is a live thing... and need money. huge mountains of money to survive.
big lesson today 4me.
very big!
good luck guys
i will come back later later
90% of traders use TA, indicators and prediction
what the....
in 2 minutes I got 60 points... also lost 60....
what the.....
its going crazy again....
You need to get a live benchmark equities index chart up. Cable is mirroring it quite well at the moment.
- #286,476
- Aug 17, 2011 4:52am Aug 17, 2011 4:52am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
True....the UK figures were really bad and despite that this pair has gone more or less where it was before the news.
I don't know what to think. Did you notice how the news were known by some before even the release? Banks sold at 1.6450 and bought back at 1.6350. Now 1.6425 as I write.
I should probably stick with EUR/USD, this pair is more difficult to manipulate.
thats the reason why i closed half long @6450 n then closed whole @6420
but i didnt short it.....
EU is the same thing. look today's moves.
maybe we could have expected this shit, EU gave earlier advice...
90% of traders use TA, indicators and prediction
- #286,477
- Aug 17, 2011 4:53am Aug 17, 2011 4:53am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
You need to get a live benchmark equities index chart up. Cable is mirroring it quite well at the moment.
could you please post something about? a chart or a link..
90% of traders use TA, indicators and prediction
- #286,478
- Aug 17, 2011 4:58am Aug 17, 2011 4:58am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
thanks god i took the opportunity to let the short go at trendline
anyway take note of the potential range..not sure what the hell is going on..but i aint quiting the long
as i said on previous post, i leave markets today.
will check later what is going on if charts say something more.
90% of traders use TA, indicators and prediction
interesting!
could you please post something about? a chart or a link..
- #286,480
- Aug 17, 2011 5:00am Aug 17, 2011 5:00am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
True....the UK figures were really bad and despite that this pair has gone more or less where it was before the news.
I don't know what to think. Did you notice how the news were known by some before even the release? Banks sold at 1.6450 and bought back at 1.6350. Now 1.6425 as I write.
I should probably stick with EUR/USD, this pair is more difficult to manipulate.
trading isnt as easy as good news price goes higher it is about trend..and it aint down i can tell u
the bad news provided an opportunity to form a dip which had conflunce with 50% of yesterday low to high and a trendline..the possibility of a bounce was good..which is why i let the short go there..
need to improve on the chart reading
and following the trend otherwise yur trading emotions, which is harder to gaugedont be a person watching it go up and looking for a sell..or opposite
good luck with yur trades