Bingo, patience paid. Bout bloody time too, clearing position here for profit.
Cable Update (GBPUSD)
- #298,781
- Jan 20, 2012 12:46pm Jan 20, 2012 12:46pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
- #298,782
- Jan 20, 2012 12:47pm Jan 20, 2012 12:47pm
- Joined Apr 2009 | Status: Non-Member | 4,719 Posts
- #298,783
- Edited 1:16pm Jan 20, 2012 12:49pm | Edited 1:16pm
- Joined Apr 2009 | Status: Know Your Wave | 2,640 Posts
All the nut twisting makin' me move like Jagger.
Kthanksbye enjoy the weekend
http://www.youtube.com/watch?v=tyL9H5n_sxQ
congratulations! roflit's 6 AM here.... my alert just went off.
I didn't think we'd hit the MP until next week.
right under the wire for the weekend!
- #298,784
- Jan 20, 2012 12:53pm Jan 20, 2012 12:53pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
it also amazes me..when people look at the "if only" situation with great positivity..people assume trading dailly will make u profitable..u can lose as well folks
gotta love the mind
gotta love the mind
- #298,785
- Jan 20, 2012 12:54pm Jan 20, 2012 12:54pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
this trade was me..is the making of me in trading..everything relly on it..if it goes well..im looking to make at least 20k a year from trading and i will be able to do it!!! if i live through this
this trades will mean i ended april to april assuming it ends b4 that profitable and will really help make it happen..this is damn impt trade for me..goes wrong im not profitable..last piece of puzzle..just hope it fits..1.65 is conservative..
If my lines are right bro and I think they are, we have or are about to cross the point of no return. Bullish break of the weekly downtrend lines will invalidate what I thought was going to put an end to your trade. I totally agree, 65/66 will be conservative
I have one trade closed out at TP 5555, the other is running. With all the higher timeframe MA's sitting above us right now, I think there will be more "dips" than at a cocktail party so no need to rush in and start buying yet if not comfortable. Cheers dude Come with me if you want to live....
- #298,786
- Jan 20, 2012 12:59pm Jan 20, 2012 12:59pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
yes, I know what you mean I think, success with this one will give confidence in your capability and confirm your trading logic and validate your studies, a very exciting moment I suspect.
If my lines are right bro and I think they are, we have or are about to cross the point of no return. Bullish break of the weekly downtrend lines will invalidate what I thought was going to put an end to your trade. I totally agree, 65/66 will be conservative
if u look at monthly or quarterly..this move didnt surprise me at all..infact i suspected it..these things make me confident..adding leverage for me..was the aim of this..and knowing push come to shove..i can remain solid.
its all in the charts
I have got to a point in trading where i feel nothing..which is fantastic..i just need the analysis to do the talking..and i will grow im sure
- #298,787
- Jan 20, 2012 1:00pm Jan 20, 2012 1:00pm
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
it's 6 AM here.... my alert just went off.
my limit order got filled AND TPed while I was sleeping. I didn't think we'd hit the MP until next week, but set the order just in case.
crazy. this is the first time I completely traded in my sleep. I could get used to this....
The W1 candle looks brilliant. 5675 next week will be a no brainer.
Have a great weekend bruv!
and ... 1 for you ... 1 for moi! Me gusta!
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Thank You 
- #298,788
- Jan 20, 2012 1:01pm Jan 20, 2012 1:01pm
- Joined Mar 2011 | Status: Bullish Behavior | 3,182 Posts
5568 is my target.
Time for a Laphroaig.
- #298,789
- Jan 20, 2012 1:02pm Jan 20, 2012 1:02pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
Cheers bruv
Yea ... heard the tp bell, I usually hate bells in the morning
The W1 candle looks brilliant. 5675 next week will be a no brainer.
Have a great weekend bruv!
and ... 1 for you ... 1 for moi! Me gusta!
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- #298,790
- Jan 20, 2012 1:04pm Jan 20, 2012 1:04pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
it also amazes me..when people look at the "if only" situation with great positivity..people assume trading dailly will make u profitable..u can lose as well folks
gotta love the mind
.
Come with me if you want to live....
- #298,791
- Jan 20, 2012 1:04pm Jan 20, 2012 1:04pm
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
115+ pips today. Happy days.
Time for a Laphroaig.
Take the money, think you got about a minute to do so haha
Thank You
- #298,792
- Jan 20, 2012 1:05pm Jan 20, 2012 1:05pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
You have unusual patience nAV, I think we need to trade our personalities. With sound logic and study, we can all make a killing
- #298,793
- Jan 20, 2012 1:08pm Jan 20, 2012 1:08pm
- Joined Apr 2009 | Status: Know Your Wave | 2,640 Posts
Cheers bruv
Yea ... heard the tp bell, I usually hate bells in the morning
The W1 candle looks brilliant. 5675 next week will be a no brainer.
Have a great weekend bruv!
and ... 1 for you ... 1 for moi! Me gusta!
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I'm not big on bells in the morning either, but this one I don't mind a bit.
....except now everyone else is up here too.
have a great weekend mate!
- #298,795
- Jan 20, 2012 1:13pm Jan 20, 2012 1:13pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
i actually learn 70% easy from wormie..
Mean that way back when the market closed above this line that, was the time when the Govt, China, markets or who ever, decided the dollar was going to lose its appeal? I can comprehend a breaking of the lower timeframe trendlines as confirming a sentiment change (for the moment) etc, but this quarterly break smells of a longer term conspiracy because it has such "long term vision and projection", do you know what I mean?
Come with me if you want to live....
- #298,796
- Jan 20, 2012 1:15pm Jan 20, 2012 1:15pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
- #298,797
- Jan 20, 2012 1:16pm Jan 20, 2012 1:16pm
- Joined Mar 2011 | Status: Bullish Behavior | 3,182 Posts
- #298,798
- Jan 20, 2012 1:17pm Jan 20, 2012 1:17pm
- | Joined Jun 2008 | Status: Mixed Martial Chartist | 1,007 Posts
Well, that was craptastic end to what was going to be a good week for me, better luck next time, there is always a next time.
Good luck next week guys.
Good luck next week guys.
- #298,799
- Jan 20, 2012 1:24pm Jan 20, 2012 1:24pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
usd =looking primed to fall test bottom..then bullish perhaps
cable in a range testing bottom of it..confluence with 61.8..which is a dip to extend up
a break of 1.65-1.66 (top) ABCD formation..we may break way up..
be lucky folks..last time i post this
a friend today opened my eyes.
draw that lower TL on the closings, not on the pins.....
price printed h4 H&S rev against it!
if anything we go at least again near 1.61 to take profits.
then a sit and relax to take out n go up!
time will tell.
lets see if fundamentals and shitty euro helps.
look silver today in NY session
aud crashed everything up
etc
90% of traders use TA, indicators and prediction
- #298,800
- Jan 20, 2012 1:25pm Jan 20, 2012 1:25pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts