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Cable Update (GBPUSD)

  • #317,381
  • Jun 26, 2012 7:42am Jun 26, 2012 7:42am
Quoting redbeben
my oh my ..I might move SL to BE to be sure...or be lazy and leave it as it is to 1.2560 as a min and trail it from that on

I'll go for the second one

and my lazyness cost me almost 20 pips profit

still hanging there....and the moderate long triggered @ 1.2465.

first TP 1.2560-65 then 1.2600-09

will trail from first TP
  • #317,382
  • Jun 26, 2012 7:42am Jun 26, 2012 7:42am
Quoting PoundTrader
I MEAN NOW
Hi PT, are you OK...????........
  • #317,383
  • Jun 26, 2012 7:43am Jun 26, 2012 7:43am
Quoting Forex-Joe
Thank you!
I have been trading for six years...
And yes, I make profit every month.
liar
Gravity always wins
  • #317,384
  • Jun 26, 2012 7:44am Jun 26, 2012 7:44am
Quoting Forex-Joe
Thank you!
I have been trading for six years...
And yes, I make profit every month.



sorry I thought you just popped up and just follow ''signals''
It was ment for the newbies.
  • #317,385
  • Jun 26, 2012 7:49am Jun 26, 2012 7:49am
long on gold TP 1585...maybe trail it later to 1595?
Attached Image (click to enlarge)
Click to Enlarge Name: buygold.gif Size: 39 KB
  • #317,386
  • Jun 26, 2012 7:52am Jun 26, 2012 7:52am
Quoting PoundTrader
I SAID NOW
This is exactly what I have been saying...
  • #317,387
  • Jun 26, 2012 7:53am Jun 26, 2012 7:53am
Hi all,
For those who went long at 1.563++ and expected will reach 1.57++ pls do stop loss now. Sell till 1.4860 with big lot size to cover back your loss.
  • #317,388
  • Jun 26, 2012 8:12am Jun 26, 2012 8:12am
I just download butterfly/gartley pattern and it helping me to make green pips today. But i would like remind you to compare with other indicator.
Look at the pattern in the picture below...

This why pattern sometime tricky...should be supported by your other analysis, i combined with other indicator Fibo, various MA and also BB or other.

i've closed all long at 15640 for about +60 pips (various lot size), just small size..i learn to manage my account to not get burn again.


i made long again above at 100% fib 1.5584 area, .......targetting for small pips. we will see...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: butterfly.png Size: 42 KB
Click to Enlarge Name: cable2.png Size: 41 KB
  • #317,389
  • Jun 26, 2012 8:32am Jun 26, 2012 8:32am
Quoting Jack_Island
Hi all,
For those who went long at 1.563++ and expected will reach 1.57++ pls do stop loss now. Sell till 1.4860 with big lot size to cover back your loss.
yes sir

closed all longs opened short with 20 lots to cover all looses.

can I scale out positions on the way ?

bleah.

newbies should understand that such strawheads only pop up to mess around,normally are around puberty and have nothing to do during summer holiday.

use your head,and even if you fail with your trade setup that's why you have a MM and a SL in place right ?

do not close anything or open anything coz one tells you so.just stick to your plan and even if it fails you are protected by SL.

a good trader does not mean to win 100% of trades but to use a gooooooooooodddddddd MM

have faith in yourself.once you read other oppinions against yours just close the damn computer and walk away.don't be influenced.

I repeat,once you pulled the trigger stick to the plan and either be stopped out @ SL either at TP .
  • #317,390
  • Jun 26, 2012 8:36am Jun 26, 2012 8:36am
Thx Redbeben...
very wise suggest for beginner like me...

Quoting redbeben
yes sir

closed all longs opened short with 20 lots to cover all looses.

can I scale out positions on the way ?

bleah.

newbies should understand that such strawheads only pop up to mess around,normally are around puberty and has nothing to do during summer holiday.

use your head,and even if you fail with your trade setup that's why you have a MM and a SL in place right ?

do not close anything or open anything coz one tells you so.just stick to your plan and even if it fails you are protected by SL.

a good trader does not mean to win...
  • #317,391
  • Jun 26, 2012 8:41am Jun 26, 2012 8:41am
well well well

30 pips on EU and 43 on GU so far

the only bad one is the gold bloody hell...bbkiiinnngggggggg...told you gold is not reliable

will load gold lower @ 1576.15-20
Attached Image(s) (click to enlarge)
Click to Enlarge Name: buy eu.gif Size: 45 KB
Click to Enlarge Name: buy gu2.gif Size: 41 KB
  • #317,392
  • Jun 26, 2012 8:44am Jun 26, 2012 8:44am
Quoting PoundTrader
never mind, im stupid this mourning,
you smokin' again PT?
Anyway, made some dough off the short at 40 and off to bed.
Cheers dude..
Come with me if you want to live....
  • #317,393
  • Jun 26, 2012 8:49am Jun 26, 2012 8:49am
Quoting redbeben
well well well

30 pips on EU and 43 on GU so far

the only bad one is the gold bloody hell...bbkiiinnngggggggg...told you gold is not reliable

will load gold lower @ 1576.15-20
closed half EU from 1.2465 @ 1.2493 rest @ BE

on GU did not touch anything yet ..I still feel the presence of a dark force dipping the EURGBP cross towards 0.7950-0.7900....so 1.5660-70 should be in play

1.5700-5710 will be my second short

first short still pending @ 1.5652
  • #317,394
  • Jun 26, 2012 8:49am Jun 26, 2012 8:49am
typical killer move!


what a massacre!
up-down-up 100 pips in few hours.

at least a great price action move. purely technical but hell..... this is way too much for nerves!
90% of traders use TA, indicators and prediction
  • #317,395
  • Jun 26, 2012 8:53am Jun 26, 2012 8:53am
Closed my 1.5620 short and still have a long from 5700 If it will ever touches 5700 today will short from there.
  • #317,396
  • Jun 26, 2012 8:57am Jun 26, 2012 8:57am
Quoting redbeben
well well well

30 pips on EU and 43 on GU so far

the only bad one is the gold bloody hell...bbkiiinnngggggggg...told you gold is not reliable

will load gold lower @ 1576.15-20
I will close the GU long from 1.5600 @ 1.5640 in full

the one from 1.5580 I will trail @ + 40 pips meaning when price will be 1.5640 I will have SL @ 1.5620

have to run now

see ya later.
  • #317,397
  • Edited 11:03am Jun 26, 2012 10:10am | Edited 11:03am
Quoting Hardstart
Closed my 1.5620 short and still have a long from 5700 If it will ever touches 5700 today will short from there.
this takes my prize for the CHAOS FUCK ME UPSIDEDOWN TECH STRATEGY! congrats!!!
The only way not to think about money is to have a great deal of it
  • #317,398
  • Jun 26, 2012 10:33am Jun 26, 2012 10:33am
http://www.forexfactory.com/attachme...1&d=1340691336

Quoting iqyu5an
.
Attached Image (click to enlarge)
Click to Enlarge Name: pvj524.gif Size: 16 KB
not euphoria follower
  • #317,399
  • Jun 26, 2012 11:13am Jun 26, 2012 11:13am
total insanity on markets.
markets were not like this in last euro crisis.

fuck off!

EU n GU are going up.
leaving a lucky long in gu to run free till end of the week.

good luck you all!
see you next week
90% of traders use TA, indicators and prediction
  • #317,400
  • Jun 26, 2012 11:22am Jun 26, 2012 11:22am
Hit my t/p at 5587. Resell @ 5634 t/p @ same place with s/l @ 5672 @ BE
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