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Cable Update (GBPUSD)

  • #315,061
  • May 29, 2012 11:29am May 29, 2012 11:29am
Quoting Flynchenberg
Well done , even if it is demo.


Seb
is that a demo?
looks not a demo statement IMO..

anyway.... what was the trigger of this down move?!
since no big impact news and whole stock markets in green?
simply dollar buy and sell gold mania?!

uhm...
90% of traders use TA, indicators and prediction
  • #315,062
  • May 29, 2012 11:29am May 29, 2012 11:29am
hopefully..someday i could trade like you ...

congrats aniway...



***

is it yours ?
Quoting oathbreaker
hey Guys

Here are my trades....I know its not that great...i could have done better...

still learning....
Attached Image
not euphoria follower
  • #315,063
  • May 29, 2012 11:31am May 29, 2012 11:31am
Egan Jones >> spain
Quoting _BBKing_
is that a demo?
looks not a demo statement IMO..

anyway.... what was the trigger of this down move?!
since no big impact news and whole stock markets in green?
simply dollar buy and sell gold mania?!

uhm...
not euphoria follower
  • #315,064
  • May 29, 2012 11:36am May 29, 2012 11:36am
Quoting _BBKing_
is that a demo?
looks not a demo statement IMO..

anyway.... what was the trigger of this down move?!
since no big impact news and whole stock markets in green?
simply dollar buy and sell gold mania?!

uhm...
The move started right after Egan Jones downgraded Spain from B to BB-
http://www.forexlive.com/blog/2012/0...at-egan-jones/

Egan Jones is a pretty small rating agency, and Spain downgrade are hardly any news nowadays. But if this caused such move, that means market is looking for a reason to chop GU, not a good sign.
  • #315,065
  • May 29, 2012 11:39am May 29, 2012 11:39am
ok thanks guys.
still something not in calendars.
typical.

90% of traders use TA, indicators and prediction
  • #315,066
  • May 29, 2012 11:49am May 29, 2012 11:49am
as planned i opened my first long in 5618. missed the 5610 level.
will add if get 5580.
obviously small lot size since counter direction.

leaving.

good luck and goodbye
90% of traders use TA, indicators and prediction
  • #315,067
  • May 29, 2012 11:55am May 29, 2012 11:55am
Quoting _BBKing_
as planned i opened my first long in 5618. missed the 5610 level.
will add if get 5580.
obviously small lot size since counter direction.

leaving.

good luck and goodbye
hi BB
what is your tp & sl
  • #315,068
  • May 29, 2012 11:55am May 29, 2012 11:55am
Thanks BB





Quoting _BBKing_
well done with those profits guys!
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #315,069
  • May 29, 2012 11:56am May 29, 2012 11:56am
Well done brother


Quoting oathbreaker
hey Guys

Here are my trades....I know its not that great...i could have done better...

still learning....
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #315,070
  • May 29, 2012 11:59am May 29, 2012 11:59am
Its not like i just sailed in showed my statement ,on mon it went to £300 ,I also said that .Ive also been busy giving good info you should be glad im here frankly

more important than amount I know its possible ,plently people tell me there traders ,plenty I think are dreamers

Dreamers dont like me lol
nor
I think do PF type guys lol
nor
some seniors with ego lol






Quoting Roofx
Anyone fancy getting back on topic and talking about cable instead of watching Bones brag about his account balance (which is quite small, ironically) and gold?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #315,071
  • May 29, 2012 12:01pm May 29, 2012 12:01pm
you work out why
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #315,072
  • May 29, 2012 12:33pm May 29, 2012 12:33pm
Quoting Tiraje
hi BB
what is your tp & sl
sorry forgot to mention...
SL is 5400 but i can move lower since is very small size.
will be looking to add into 1.55 area, if price will show reasons.

actually interested in target into 1.57 area, somewhere near 1.58. by default it is 5790.

it's very early to say and it's completely counter direction, so... nobody follow please, i know what i do and sometimes i'm wrong! (like everybody...)
90% of traders use TA, indicators and prediction
  • #315,073
  • May 29, 2012 12:35pm May 29, 2012 12:35pm
Quoting Bones
Its not like i just sailed in showed my statement ,on mon it went to £300 ,I also said that .Ive also been busy giving good info you should be glad im here frankly

more important than amount I know its possible ,plently people tell me there traders ,plenty I think are dreamers

Dreamers dont like me lol
nor
I think do PF type guys lol
nor
some seniors with ego lol
yes you did a great work in the thread!
you deserve to celebrate your profits all the time you like!


leaving.
byebye all
90% of traders use TA, indicators and prediction
  • #315,074
  • May 29, 2012 12:38pm May 29, 2012 12:38pm
Quoting _BBKing_
sorry forgot to mention...
SL is 5400 but i can move lower since is very small size.
will be looking to add into 1.55 area, if price will show reasons.

actually interested in target into 1.57 area, somewhere near 1.58. by default it is 5790.

it's very early to say and it's completely counter direction, so... nobody follow please, i know what i do and sometimes i'm wrong! (like everybody...)
thanks anyway,1.5715 would be appropriate target for the 1st step
  • #315,075
  • May 29, 2012 12:49pm May 29, 2012 12:49pm
Closing gap.

Strong downward trend.
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #315,076
  • May 29, 2012 12:52pm May 29, 2012 12:52pm
  •  eggs
  • | Joined Nov 2011 | Status: Everybodys A Central Banker Here... | 819 Posts
Quoting Bones
Its not like i just sailed in showed my statement ,on mon it went to £300 ,I also said that .Ive also been busy giving good info you should be glad im here frankly

more important than amount I know its possible ,plently people tell me there traders ,plenty I think are dreamers

Dreamers dont like me lol
nor
I think do PF type guys lol
nor
some seniors with ego lol
Hey man. Congratulations cuz. You can't make em all happy. Never will. I for one AM glad you've been around the past couple of weeks posting in the forum.

& not to dumb down your trading style by any means but really if there IS anyone here that is truly here to learn from others. The most they could take away from you & OATHBREAKER the past two weeks is ALWAYS trade with the trend.

We can become experts at fundamentals, technicals, entry's, exits or whatever but if you cant remember the simplest rule of all....chances are you'll never make it.

Great job fellas.
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  • #315,077
  • May 29, 2012 12:55pm May 29, 2012 12:55pm
I have taken profit BB ,really I'm just trying to build proper account so I can be real ,
a real trader

Thanks buddy

Quoting _BBKing_
yes you did a great work in the thread!
you deserve to celebrate your profits all the time you like!


leaving.
byebye all
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #315,078
  • May 29, 2012 12:57pm May 29, 2012 12:57pm
No your right eggs ,trading doesn't have to be difficult not at all ,just bit of practice,knowledge




Quoting eggs
Hey man. Congratulations cuz. You can't make em all happy. Never will. I for one AM glad you've been around the past couple of weeks posting in the forum.

& not to dumb down your trading style by any means but really if there IS anyone here that is truly here to learn from others. The most they could take away from you & OATHBREAKER the past two weeks is ALWAYS trade with the trend.

We can become experts at fundamentals, technicals, entry's, exits or whatever but if you cant remember the simplest...
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #315,079
  • May 29, 2012 1:51pm May 29, 2012 1:51pm
Quoting Bones
Its not like i just sailed in showed my statement ,on mon it went to £300 ,I also said that .Ive also been busy giving good info you should be glad im here frankly

more important than amount I know its possible ,plently people tell me there traders ,plenty I think are dreamers

Dreamers dont like me lol
nor
I think do PF type guys lol
nor
some seniors with ego lol
Once again, well done Bones and thanks for sharing your charts and thoughts.

I closed my GU short today at 5627 (+120 pips) and GY at 124.18 (+60 pips).

Kind regards,
  • #315,080
  • May 29, 2012 2:08pm May 29, 2012 2:08pm
If it cracks below 1.56, 1.529 is my target.
http://i46.tinypic.com/vxltg0.gif
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