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Cable Update (GBPUSD)

  • #314,941
  • May 28, 2012 7:27pm May 28, 2012 7:27pm
Hello 10 k


Quoting Bones
right im not being rude

I wait for buy signal

let me know when the times right

Bones
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #314,942
  • May 28, 2012 7:28pm May 28, 2012 7:28pm
how about 60k
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #314,943
  • May 28, 2012 7:30pm May 28, 2012 7:30pm
cool F ,I only trade for 300 pips so we different thats all


Quoting Faller
A chart for you Bones...

60 min

green line is important

so are the candle sticks around the area

so are some basic indicators

I am an intra day trader - so 30 pips is a nice move for me........
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #314,944
  • May 28, 2012 7:31pm May 28, 2012 7:31pm
Quoting Bones
also
Just so you know that my line on the 60 min chart at the level of 1.5633 was not just drawn in on May 25th.....here is a daily chart that shows some levels.....you will see that my 1.5633 level is actually from February 15th 2012.

trade well.

Faller.
Attached Image (click to enlarge)
Click to Enlarge Name: For Bones 2.jpg Size: 146 KB
I don't trust any move - when you have profit...take it.
  • #314,945
  • May 28, 2012 7:32pm May 28, 2012 7:32pm
Quoting Bones
cool F ,I only trade for 300 pips so we different thats all

We are totally different traders....I trade futures.....you trade spot forex.....you have unlimited time in your trade if it is wrong.....my contracts have an expirey.
I don't trust any move - when you have profit...take it.
  • #314,946
  • May 28, 2012 7:39pm May 28, 2012 7:39pm
Quoting PoundTrader
im in a weird trade ATM, im short at 1.5689, s/l 1.5707, t/p 1.5657, this is the trade my system put me in.
look like it wasn't a bad trade after all. t/p at breakeven now, im done for today
  • #314,947
  • May 28, 2012 7:42pm May 28, 2012 7:42pm
lol didn't you tell your pal

btw when support goes

I'm going to add

Quoting PoundTrader
look like it wasn't a bad trade after all. t/p at breakeven now, im done for today
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #314,948
  • May 28, 2012 7:44pm May 28, 2012 7:44pm
also eu
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #314,949
  • May 28, 2012 7:47pm May 28, 2012 7:47pm
under pressure
Attached Image (click to enlarge)
Click to Enlarge Name: eur trade h4 tl.gif Size: 18 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #314,950
  • May 28, 2012 8:03pm May 28, 2012 8:03pm
Quoting Bones
lol didn't you tell your pal

btw when support goes

I'm going to add
i tried http://www.pic4ever.com/images/vahidrk1.gif
  • #314,951
  • May 28, 2012 8:06pm May 28, 2012 8:06pm
just curious Faller but why would you think it is an advantage to trade currency futures vs spot? (for the record so the question is not taken out of context i started trading futures first before spot...miniNYMEX OIL and NG then equity and currency futures - order of the learning curve in my case)

Quoting Faller
We are totally different traders....I trade futures.....you trade spot forex.....you have unlimited time in your trade if it is wrong.....my contracts have an expirey.
  • #314,952
  • May 28, 2012 8:07pm May 28, 2012 8:07pm
gbp usd h4 BB ,close under

Now ?

The low if taken im looking 1.5 for this pair next month
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd h4 29-5-12 1.gif Size: 26 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #314,953
  • May 28, 2012 8:11pm May 28, 2012 8:11pm
it wont surprise me if it goes up. good luck to all
  • #314,954
  • May 28, 2012 8:19pm May 28, 2012 8:19pm
Quoting roro53
just curious Faller but why would you think it is an advantage to trade currency futures vs spot? (for the record so the question is not taken out of context i started trading futures first before spot...miniNYMEX OIL and NG then equity and currency futures - order of the learning curve in my case)

I do not believe that I said that it was more advantageous to trade futures instead of spot - but like you I had my order of learning as well it well - I enjoy trading futures including crudes, Nat Gas, emini and NQ etc....I like the fills that I get trading futures - spreads are like .0001 with my broker when trading the pound.....sometimes .0002 - not sure how else to answer you - futures fit my personality.

Faller.
I don't trust any move - when you have profit...take it.
  • #314,955
  • May 28, 2012 9:23pm May 28, 2012 9:23pm
Quoting Bones
gbp usd h4 BB ,close under

Now ?

The low if taken im looking 1.5 for this pair next month
Hey Bones...

Just one questions..don't you think there are too many postions opened by you on GBP/USD.

If you are managing your risk then no problem.I think your are too heavy on this pair..

I have 10 positions but last three are oscillating but today price is moving down....but still you can diversify your postions on other pair...

Just i want to discuss abot this topic.
I am a hunter...i kill both bulls and bears...
  • #314,956
  • May 28, 2012 9:59pm May 28, 2012 9:59pm
Quoting Bones
gbp usd h4 BB ,close under

Now ?

The low if taken im looking 1.5 for this pair next month
Would you mind to share your take on the required circumstances for closing the position ? Nice ride so far
  • #314,957
  • May 28, 2012 10:25pm May 28, 2012 10:25pm
let me answer on behalf of bones,he believe what his see.lol
patient is my attitude, rushing is a dog
  • #314,958
  • May 28, 2012 10:46pm May 28, 2012 10:46pm
Quoting Faller
I do not believe that I said that it was more advantageous to trade futures instead of spot - but like you I had my order of learning as well it well - I enjoy trading futures including crudes, Nat Gas, emini and NQ etc....I like the fills that I get trading futures - spreads are like .0001 with my broker when trading the pound.....sometimes .0002 - not sure how else to answer you - futures fit my personality.

Faller.
Welcome back brother, I hope you got some nice pips on the way down this month
Come with me if you want to live....
  • #314,959
  • May 28, 2012 10:48pm May 28, 2012 10:48pm
Quoting Ill-b-back
Welcome back brother, I hope you got some nice pips on the way down this month

Good evening my friend -

Keeping it real at my end.....I enjoyed the pic you posted the other night about your daughter wanting to fly! Those moments are the best moments.....my daughter is 7 now and my son is 3 - enjoy the moments!

Cheers!

Faller
I don't trust any move - when you have profit...take it.
  • #314,960
  • May 28, 2012 11:19pm May 28, 2012 11:19pm
Quoting Faller
Good evening my friend -

Keeping it real at my end.....I enjoyed the pic you posted the other night about your daughter wanting to fly! Those moments are the best moments.....my daughter is 7 now and my son is 3 - enjoy the moments!

Cheers!

Faller
Good to hear dude. She's very cute and seems to really push herself with the skydiving pose. Even does it in the bath, she can't stop.
Come with me if you want to live....
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