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Cable Update (GBPUSD)

  • #296,161
  • Dec 30, 2011 7:17am Dec 30, 2011 7:17am
by the way im not trying to turn 300k into 1mill in 2months, money should never come into play when your trading, trust me you think about the money first and see where it gets you. never focus on the money
  • #296,162
  • Dec 30, 2011 7:18am Dec 30, 2011 7:18am
Quoting PoundTrader
why not, i understand if i don't what will happen, sticking to the plan gives big rewards not sticking to the plan well you know how most traders end up in this business
We all believe you and believe in you but if anybody comes on this thread giving us bullshit and trying to impress newbies, instead of sharing, they'll get their melons mashed by my scything sarcasm
Gone to a better place
  • #296,163
  • Dec 30, 2011 7:18am Dec 30, 2011 7:18am
Quoting PoundTrader
why not, i understand if i don't what will happen, sticking to the plan gives big rewards not sticking to the plan well you know how most traders end up in this business

That's cool...I hope you get to that level soon...keep us up-to-date, how you fair along the way, if you will, it'd be interesting

All the best & Happy new year to you
Hear the music before the song is over ...
  • #296,164
  • Dec 30, 2011 7:20am Dec 30, 2011 7:20am
rise and rise... path of free movement god i love this

covered the higher buy let 2 lower run
Attached Image (click to enlarge)
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Have I got something on my face, SOLDIER?
  • #296,165
  • Dec 30, 2011 7:22am Dec 30, 2011 7:22am
Quoting A-speculator
yups, i agreed that ultimate target (to maintain the downtrend as main trend) for this upmove would be at about 5575 resistance. first confirmation on the target i think is swissy closed below 9400.

being a conservative trader, closed all my longs just 1 position shorting the swissy, i think swissy somehow will closed below 9400, if it's not, my position will be stopped out.. lol.
I'm now bullish on the Swissy because I have longs that have stops at .9350 Could be wrong... Also, cable's bullish monthly October bar is yet to play out, so who knows? Who Knows?? Who Knows???
Gone to a better place
  • #296,166
  • Dec 30, 2011 7:28am Dec 30, 2011 7:28am
Quoting smikester
We all believe you and believe in you but if anybody comes on this thread giving us bullshit and trying to impress newbies, instead of sharing, they'll get their melons mashed by my scything sarcasm
i understand how some can be offended, this is why i wont post about my trades anymore or talk about account size, i just thought every one here was doing good with there trading.
  • #296,167
  • Dec 30, 2011 7:28am Dec 30, 2011 7:28am
Quoting smikester
I'm now bullish on the Swissy because I have longs that have stops at .9350 Could be wrong... Also, cable's bullish monthly October bar is yet to play out, so who knows? Who Knows?? Who Knows???
perhaps, i was bullish before but i think swissy is at critical resistance right now and last two weekly bar showing first sign of weakness by forming a shooting star. i admit it's not confirmed yet until we get a closed below the low of the shooting star, nevertheless i think it is the first sign of weakness.
  • #296,168
  • Dec 30, 2011 7:31am Dec 30, 2011 7:31am
Quoting PoundTrader
i understand how some can be offended, this is why i wont post about my trades anymore or talk about account size, i just thought every one here was doing good with there trading.
You are skirting round the issue here.
Gone to a better place
  • #296,169
  • Dec 30, 2011 7:33am Dec 30, 2011 7:33am
Quoting GlobalMacro
That's cool...I hope you get to that level soon...keep us up-to-date, how you fair along the way, if you will, it'd be interesting

All the best & Happy new year to you
your a cool person, i wish you all the best, don't think i will be around much longer but if i every get the chance i will send you a PM, more pips to you
  • #296,170
  • Dec 30, 2011 7:34am Dec 30, 2011 7:34am
Quoting smikester
You are skirting round the issue here.
your the only issue can't you see that, i must be driving you crazy
  • #296,171
  • Dec 30, 2011 7:35am Dec 30, 2011 7:35am
any suggestions if and when price will drop below .5430 again ..?
  • #296,172
  • Dec 30, 2011 7:36am Dec 30, 2011 7:36am
Quoting A-speculator
perhaps, i was bullish before but i think swissy is at critical resistance right now and last two weekly bar showing first sign of weakness by forming a shooting star. i admit it's not confirmed yet until we get a closed below the low of the shooting star, nevertheless i think it is the first sign of weakness.
Could you post a chart on the USD/CHF thread, please? I don't see this on mine.
Gone to a better place
  • #296,173
  • Dec 30, 2011 7:39am Dec 30, 2011 7:39am
Quoting GlobalMacro
Alright I've reached a conclusion...the triangle breakdown looks very heavy and steady and bearish momentum strong.

I am selling here @ 1.5450
Price oscillating around my short entry, yesterday 88 pips below it, today 40 above it

This move is seen as acceptable retrace within wednesday's sharp selloff and there is also some broken support now resistance here in this area

I will continue to maintain the short position for now.
Attached Image (click to enlarge)
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Hear the music before the song is over ...
  • #296,174
  • Dec 30, 2011 7:40am Dec 30, 2011 7:40am
Quoting PoundTrader
your the only issue can't you see that, i must be driving you crazy
are you at peace with yourself smikester, theres no comming back from that, your done
  • #296,175
  • Dec 30, 2011 7:42am Dec 30, 2011 7:42am
Quoting smikester
Could you post a chart on the USD/CHF thread, please? I don't see this on mine.
here it is.. i deactivate all my indicators to get a clear view of the candles.
Attached Image (click to enlarge)
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  • #296,176
  • Dec 30, 2011 7:57am Dec 30, 2011 7:57am
there was someone holding a long here 1.5515
he now closed that position.....

who thinks is a good place to close longs and go for new year's eve?
or is this thing going to print a weekly closing into 56 area?
90% of traders use TA, indicators and prediction
  • #296,177
  • Dec 30, 2011 8:02am Dec 30, 2011 8:02am
here's a little tool i use as part of my trading http://www.forex-money-management.co...Calculator.xls
  • #296,178
  • Dec 30, 2011 8:06am Dec 30, 2011 8:06am
Though tp set were at highs but still closed all & now waiting when break down , scalping first to watch good break down .
good day after all today also .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #296,179
  • Dec 30, 2011 8:06am Dec 30, 2011 8:06am
Quoting _BBKing_
there was someone holding a long here 1.5515
he now closed that position.....

who thinks is a good place to close longs and go for new year's eve?
or is this thing going to print a weekly closing into 56 area?
i'm not sure 56 area yet mate.. perhaps better TP first and if it's seems right, i mean by how the candles formed & the retracement momentum.. perhaps can reenter long at about 5475 area, targeting about 5575 area.. imho.
  • #296,180
  • Dec 30, 2011 8:07am Dec 30, 2011 8:07am
Quoting smikester
We all believe you and believe in you but if anybody comes on this thread giving us bullshit and trying to impress newbies, instead of sharing, they'll get their melons mashed by my scything sarcasm
I think you are being quite harsh dude. He shares Entry, TP and SL for every trade at the time the trade is taken from what I see and not after the trade is an hour old and SL at breakeven just to save face in case it goes bad which we have all seen on forums. If he doesn't use charts or doesn't wish to share what is on them, that should be up to him shouldn't it? He has a big mouth, but no point in taking his comments and personality seriously because I don't think he does himself. just sounds like he is having lots of fun.
Come with me if you want to live....
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