in h1 with a bit of fibo i notice 2things
1. actual day high is exactly 23% fibo fan from 6210.
2. upper channel line, is 'exactly' near 50% of same fibofan around 5900 +-
90% of traders use TA, indicators and prediction
Cable Update (GBPUSD)
- #288,601
- Sep 14, 2011 10:13am Sep 14, 2011 10:13am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
- #288,602
- Sep 14, 2011 10:14am Sep 14, 2011 10:14am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
lol... mate,
who cares about vouchers?
I sit here 10 hours a day on average.
As long as we can laugh and have fun while we're making money, that's the most important thing.
100% agree
90% of traders use TA, indicators and prediction
- #288,603
- Sep 14, 2011 10:20am Sep 14, 2011 10:20am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
lol...
mate, who cares about vouchers?
I sit here 10 hours a day on average. this is business.
As long as we can laugh and have fun while we're making money, that's the most important thing.
- #288,604
- Sep 14, 2011 10:38am Sep 14, 2011 10:38am
- Joined Apr 2009 | Status: Know Your Wave | 2,640 Posts
for sure
Right now we're in flux across a number of instruments, and there are some excellent trade opportunities shorter term while we sort this area out.
Locking down 35% of your account equity in a volatile market on a long term goal means you have less to commit on smaller profitable turn arounds.
Just a thought.
anyway, I'm done for the day.
Take care
- #288,605
- Sep 14, 2011 10:47am Sep 14, 2011 10:47am
- Joined May 2007 | Status: I Love EMAS! | 1,968 Posts
I know you seem attached to this idea that GU is going to break topside, and I understand you're wanting to build a long term position.
Right now we're in flux across a number of instruments, and there are some excellent trade opportunities shorter term while we sort this area out.
Locking down 35% of your account equity in a volatile market on a long term goal means you have less to commit on smaller profitable turn arounds.
Just a thought.
anyway, I'm done for the day.
Take care
- #288,606
- Sep 14, 2011 10:49am Sep 14, 2011 10:49am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
I know you seem attached to this idea that GU is going to break topside, and I understand you're wanting to build a long term position.
Right now we're in flux across a number of instruments, and there are some excellent trade opportunities shorter term while we sort this area out.
Locking down 35% of your account equity in a volatile market on a long term goal means you have less to commit on smaller profitable turn arounds.
Just a thought.
anyway, I'm done for the day.
Take care
if it breaks lower i will start to worry im sure
- #288,607
- Sep 14, 2011 10:53am Sep 14, 2011 10:53am
- Joined May 2007 | Status: I Love EMAS! | 1,968 Posts
- #288,608
- Sep 14, 2011 11:03am Sep 14, 2011 11:03am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #288,609
- Sep 14, 2011 11:08am Sep 14, 2011 11:08am
- Joined May 2007 | Status: I Love EMAS! | 1,968 Posts
- #288,610
- Sep 14, 2011 11:18am Sep 14, 2011 11:18am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
nice call
im 2 pips far from BEp
uhm...
90% of traders use TA, indicators and prediction
- #288,611
- Sep 14, 2011 11:20am Sep 14, 2011 11:20am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
tks
im 2 pips far from BEp
uhm...
out +5
will reload later
90% of traders use TA, indicators and prediction
- #288,612
- Sep 14, 2011 11:24am Sep 14, 2011 11:24am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
out +5
will reload later
90% of traders use TA, indicators and prediction
- #288,613
- Sep 14, 2011 11:25am Sep 14, 2011 11:25am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
man u have some nuts risking 2% on 10 pips
good trade..i actually thought u get a lot more
- #288,614
- Sep 14, 2011 11:29am Sep 14, 2011 11:29am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #288,615
- Sep 14, 2011 11:30am Sep 14, 2011 11:30am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
man u have some nuts risking 2% on 10 pips
good trade..i actually thought u get a lot more
90% of traders use TA, indicators and prediction
- #288,616
- Sep 14, 2011 11:36am Sep 14, 2011 11:36am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
gosh is it too much?
i cant do that..
- #288,617
- Sep 14, 2011 11:37am Sep 14, 2011 11:37am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
recalculated...
account is 2k
position is 1lot 1:500
sl 10pips=3.5% uhm....
i cut a 0,3
account is 2k
position is 1lot 1:500
sl 10pips=3.5% uhm....
i cut a 0,3
90% of traders use TA, indicators and prediction
- #288,618
- Sep 14, 2011 11:40am Sep 14, 2011 11:40am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
for 10 pips..damn u have precision..
i cant do that..
in chart below you see emas are near to cross
if they do, i could get an 'home run' of more than 40-50 pips
would mean to see price near 5800 again at least
sincerely i took a risk anticipating the move
but today i already got good new pips
90% of traders use TA, indicators and prediction
- #288,619
- Sep 14, 2011 11:42am Sep 14, 2011 11:42am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
uhm yes its bit risky but since some weeks i get this way...
in chart below you see emas are near to cross
if they do, i could get an 'home run' of more than 40-50 pips
would mean to see price near 5800 again at least
sincerely i took a risk anticipating the move
but today i already got good new pips
- #288,620
- Sep 14, 2011 11:47am Sep 14, 2011 11:47am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
market took back those 5pips 
90% of traders use TA, indicators and prediction