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Cable Update (GBPUSD)

  • #299,441
  • Jan 29, 2012 7:17pm Jan 29, 2012 7:17pm
Sell GU at 1.5719 > TP - 1.5707 > SL 1.5735

Confidence: HIGH
  • #299,442
  • Jan 29, 2012 7:29pm Jan 29, 2012 7:29pm
Quoting mintfx
Sell GU at 1.5719 > TP - 1.5707 > SL 1.5735

Confidence: HIGH
I don't trust any move - when you have profit...take it.
  • #299,443
  • Jan 29, 2012 7:35pm Jan 29, 2012 7:35pm
Quoting mintfx
Sell GU at 1.5719 > TP - 1.5707 > SL 1.5735

Confidence: HIGH

I would give your target a little more room then that.....we could get a goood wash out to the down side....once you have profit.....trail it....
I don't trust any move - when you have profit...take it.
  • #299,444
  • Jan 29, 2012 7:39pm Jan 29, 2012 7:39pm
Quoting Faller
I would give your target a little more room then that.....we could get a goood wash out to the down side....once you have profit.....trail it....
Entry point 719 missed, price will plummet to 705
  • #299,445
  • Jan 29, 2012 7:42pm Jan 29, 2012 7:42pm
Quoting mintfx
Entry point 719 missed, price will plummet to 705

huh? so you are not in a position then? thought you posted your entry? We are only 3 ticks away from your entry? WTF?
I don't trust any move - when you have profit...take it.
  • #299,446
  • Jan 29, 2012 7:48pm Jan 29, 2012 7:48pm
I placed a pending sell order, but it didnt go higher than 17.

my trades only lasts minutes, and if entry is not reached within my specified time, then it is removed.

It is price action trading,
e.g. I wouldnt leave the pending trade, if price went down 20 pips, then come back upto 19, the trade would be void as there is no preceding fibonacci action.
  • #299,447
  • Jan 29, 2012 7:50pm Jan 29, 2012 7:50pm
Quoting mintfx
I placed a pending sell order, but it didnt go higher than 17.

my trades only lasts minutes, and if entry is not reached within my specified time, then it is removed.

It is price action trading,
e.g. I wouldnt leave the pending trade, if price went down 20 pips, then come back upto 19, the trade would be void as there is no preceding fibonacci action.

I understand.
I don't trust any move - when you have profit...take it.
  • #299,448
  • Jan 29, 2012 7:54pm Jan 29, 2012 7:54pm
Might get a good entry short off a retest of the 15min 20ema if it bounces up off the 15min 50ema.
Come with me if you want to live....
  • #299,449
  • Jan 29, 2012 7:57pm Jan 29, 2012 7:57pm
Quoting Ill-b-back
Might get a good entry short off a retest of the 15min 20ema if it bounces up off the 15min 50ema.

are you still holding your longs?
I don't trust any move - when you have profit...take it.
  • #299,450
  • Jan 29, 2012 8:01pm Jan 29, 2012 8:01pm
Quoting Faller
are you still holding your longs?
No, out for 36 pips. I used to hold over weekends and if i traded longer term i still would but not for over 6 months now, i get too nervous and sometimes found the weekends more stressful than the working week, not good. Target for previous post would be 100SMA at 57.
Come with me if you want to live....
  • #299,451
  • Jan 29, 2012 8:07pm Jan 29, 2012 8:07pm
There we go....flush that fakking toilet......

does it really spin the other way in Australia?
I don't trust any move - when you have profit...take it.
  • #299,452
  • Jan 29, 2012 8:08pm Jan 29, 2012 8:08pm
I'm actually thinking of using these 3 MA's during Asia as my idea of scalping to score some extra pips. I would only do during Asia though as main market hours are beyond me for scalping. I have never scalped before as the R/R never made sense to me but people here who are good at it seem to make a killing some days.
Come with me if you want to live....
  • #299,453
  • Jan 29, 2012 8:13pm Jan 29, 2012 8:13pm
Quoting Faller
There we go....flush that fakking toilet......

does it really spin the other way in Australia?
?????? I guess so, never took much notice really when it doesn't, I think I'll cash in my chips cause the end is not far away
Come with me if you want to live....
  • #299,454
  • Jan 29, 2012 9:13pm Jan 29, 2012 9:13pm
Quoting Ill-b-back
Might get a good entry short off a retest of the 15min 20ema if it bounces up off the 15min 50ema.
Sell off 20ema, target 57 100SMA
Come with me if you want to live....
  • #299,455
  • Jan 29, 2012 10:53pm Jan 29, 2012 10:53pm
If we get a TL retest off the weekly 100sma, I will be looking to buy.
Attached Image (click to enlarge)
Click to Enlarge Name: christmas trade21.gif Size: 13 KB
Come with me if you want to live....
  • #299,456
  • Jan 29, 2012 10:58pm Jan 29, 2012 10:58pm
target 5660
Attached Image (click to enlarge)
Click to Enlarge Name: christmas trade21.gif Size: 15 KB
Come with me if you want to live....
  • #299,457
  • Jan 29, 2012 11:01pm Jan 29, 2012 11:01pm
Exited short trade.....going to bed....need sleep


Cheers,

Faller
Attached Image (click to enlarge)
Click to Enlarge Name: Trading Platform Short Cable Exit.png Size: 111 KB
I don't trust any move - when you have profit...take it.
  • #299,458
  • Jan 30, 2012 12:45am Jan 30, 2012 12:45am
hey faller
what is your platform?
please guide . thanks
  • #299,459
  • Jan 30, 2012 1:05am Jan 30, 2012 1:05am
lets see what happens
Attached Image (click to enlarge)
Click to Enlarge Name: GBP short.png Size: 65 KB
  • #299,460
  • Jan 30, 2012 1:11am Jan 30, 2012 1:11am
hai fellow traders, the EU are having their summit today...do you guys know any " online media " which reports it in " live "?

i need to get an immediate reports directly from brussel...anyone knows?
I trade to live
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