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Cable Update (GBPUSD)

  • #294,821
  • Dec 15, 2011 4:57am Dec 15, 2011 4:57am
Quoting abdul_halim
GU update...Bulls??
update...
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  • #294,822
  • Dec 15, 2011 5:33am Dec 15, 2011 5:33am
sell...M1
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  • #294,823
  • Dec 15, 2011 6:00am Dec 15, 2011 6:00am
usually a time like this london boys taking a profit. apparently disturbed by Draghi's speech.
  • #294,824
  • Dec 15, 2011 7:03am Dec 15, 2011 7:03am
oh god another 40pips my account will be busted

well now i understand money management and stop loss are important

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  • #294,825
  • Dec 15, 2011 7:14am Dec 15, 2011 7:14am
Quoting zarach
oh god another 40pips my account will be busted

well now i understand money management and stop loss are important

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Hi mate..
  • #294,826
  • Dec 15, 2011 7:17am Dec 15, 2011 7:17am
The way I see things.
12.15am here, up in 6 hours so off to bed.

Good luck guys.
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Come with me if you want to live....
  • #294,827
  • Dec 15, 2011 7:22am Dec 15, 2011 7:22am
Quoting Ill-b-back
The way I see things.
12.15am here, up in 6 hours so off to bed.

Good luck guys.
hello all...
who can predict the market more confidently..
  • #294,828
  • Dec 15, 2011 7:29am Dec 15, 2011 7:29am
Not so risky. Once confident about the trend, I reduce my lot size, use a wide visual stop, stay in the trade.
Come with me if you want to live....
  • #294,829
  • Dec 15, 2011 7:36am Dec 15, 2011 7:36am
Quoting Ill-b-back
Not so risky. Once confident about the trend, I reduce my lot size, use a wide visual stop, stay in the trade.
cable will drop..SELL...........................
  • #294,830
  • Dec 15, 2011 7:37am Dec 15, 2011 7:37am
Quoting abdul_halim
Hi mate..
hi there another kang gun indi user i see
it seem you stick to the rule
meanwhile i'm tempted to short cause of yesterday bear big time
  • #294,831
  • Dec 15, 2011 7:42am Dec 15, 2011 7:42am
Quoting mimanof
cable will drop..SELL...........................
Hope so , the snb heavy damaged the market today & perhaps continue play , lets see if start now or soon yet .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #294,832
  • Dec 15, 2011 7:52am Dec 15, 2011 7:52am
Quoting zarach
hi there another kang gun indi user i see
it seem you stick to the rule
meanwhile i'm tempted to short cause of yesterday bear big time
FLAT virus...
  • #294,833
  • Dec 15, 2011 8:17am Dec 15, 2011 8:17am
Wicks showing sellers willing to enter, and momentum starting to fall. Am short but won't let trade go far against me
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  • #294,834
  • Dec 15, 2011 8:18am Dec 15, 2011 8:18am
Quoting zarach
oh god another 40pips my account will be busted

well now i understand money management and stop loss are important

Attachment
It is wrong adding to loss positions. Learn to add to winning positions instead.
We trade to live not live to trade................
  • #294,835
  • Dec 15, 2011 8:22am Dec 15, 2011 8:22am
wtf

sold thousands times near 5520.
every time closed for few pips.

bad PA.

i let it go for a while.
90% of traders use TA, indicators and prediction
  • #294,836
  • Dec 15, 2011 8:26am Dec 15, 2011 8:26am
Quoting zarach
oh god another 40pips my account will be busted

well now i understand money management and stop loss are important

Attachment
hello
most important thing is to recognize price action into or near demand and supply areas.
selling 5450 till 5500 is dangerous since is demand area.
actually price trying to trigger above 5540.
be careful!
90% of traders use TA, indicators and prediction
  • #294,837
  • Dec 15, 2011 8:30am Dec 15, 2011 8:30am

actually a strong battle going on between 'bulls' & 'bears'
picking a position here 5510-20 looks like a gambling: 50% goes up 50% goes down.
just my advice.....
90% of traders use TA, indicators and prediction
  • #294,838
  • Dec 15, 2011 8:45am Dec 15, 2011 8:45am
Quoting _BBKing_

actually a strong battle going on between 'bulls' & 'bears'
picking a position here 5510-20 looks like a gambling: 50% goes up 50% goes down.
just my advice.....
Yup ... Still Wait and See...
  • #294,839
  • Dec 15, 2011 9:48am Dec 15, 2011 9:48am
best indicator in situations like this...
lol
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90% of traders use TA, indicators and prediction
  • #294,840
  • Dec 15, 2011 10:01am Dec 15, 2011 10:01am
Odd didn't see my short as risky, since I had some technicals backing it up. Closed it now for a reasonable few pips. Will wait for a bit more jiggle before getting back in.
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