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Cable Update (GBPUSD)

  • #319,781
  • Jul 25, 2012 10:22pm Jul 25, 2012 10:22pm
Quoting Faller
-

So why don't you just trade forex full time if you are that successful - it is much more rewarding to be self sufficient then to work for someone. As for school - you can educate yourself your whole life long.....you do not need a university. If you are as successful as you say you are - GO FOR IT!!!!!! Go full time and live the life of freedom - wish I could have done that at your age! You have my vote of confidence - do you have your own?

Cheers Killer!

Faller.
Well i am trying my best to trade forex full time, problem is this i still want to experience working for a big bank and this you need to have atleast a degree here and there... and yes i make just about enough to cover Uni and my living expenses in UK, now adays to get almost any job we need a degree atleast in something...
Besides my ambition is to start a hedge fund company and for that i need a license, and to qualify for a license brings back not only my track record on trading forex, also my educational background is gona be questioned....
so yea after Uni, im actually gona study up for CFA
BTW got out of GU for 30 pips, gona wait for a bigger pull back hopefully to short at 1.56 but those bearish daily candles are just not making any sense right now...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #319,782
  • Jul 25, 2012 11:12pm Jul 25, 2012 11:12pm
Yesterday 2x4h stopping volume, daily close with high volume star...stoh-bull-div...

Long from 1.5473 --> @1.5700
  • #319,783
  • Jul 26, 2012 12:04am Jul 26, 2012 12:04am
ok guys im off to bed,

Have a Buy order from 1.5475 which has a TP at 1.5525 (SL @ 1.5445)

I have set up 3 pending sell orders which im hoping will trigger through the night.

1 @ 1.5525
1 @ 1.554
1 @ 1.555

all set with a TP @1.547

Im hoping to wake up tomorrow that little bit better off, or my stop will trigger and the whole thing will be a loss of a few pips.

good luck guys.....
Money never sleeps...
  • #319,784
  • Jul 26, 2012 12:24am Jul 26, 2012 12:24am
ppl here starting to buy contrarian sell with sl at 5550
  • #319,785
  • Jul 26, 2012 2:10am Jul 26, 2012 2:10am
im waiting see tomorrow 1.5650... am i crazy?
  • #319,786
  • Jul 26, 2012 2:36am Jul 26, 2012 2:36am
Quoting redbeben
well well...I bought I sold I bought again and again I sold....good.I know somebody else that did the same

but,I am still short as well and need to keep in sight 1.5519 as R.on H1 we have perfect sell signal that might drop it to 100 pips in the next 24 h

for now 1.5463 will just do on a last day sell @ 1.5509..I have a fascination with this number

sold EU as well for 1.2064 TP

now I'm going for a run.

have fun kids
morning guys

7 pips away from bloody target.closed half @ +30 pips rest @ BE

I also placed a pending 2 lots order on buy USDCAD @ 1.0125 TP1.0224 SL 1.0100

for today I have no clue what the market will do but I can point out sellers @ 1.5515-20,next @ 1.5550 and last @ 1.5600-30

[email protected],1.5410-00 and my pending buy @ 1.5374 (I'll cut it a few pips short due to the spread)which will unbalance the sellers and take it back up 90 pips

oh boy,it's so hard to wake up in the morning.
  • #319,787
  • Jul 26, 2012 2:41am Jul 26, 2012 2:41am
Quoting Itrade24h
im waiting see tomorrow 1.5650... am i crazy?
not that crazy...but there are some important levels to watch up there 1.5564(strong one),1.5586 and 1.5610
choose the entry wisely
  • #319,788
  • Jul 26, 2012 2:56am Jul 26, 2012 2:56am
one more thing.many traders wish as TP 1.5700

that's a long way from this level.

he who picks bottoms ends up with smelly fingers...what I mean is that look at the 4 H chart starting the 4th of july and tell me what you see.

I see a range from 4th to 10th of july.was it a reversal? nope it was consolidation then crashed 100 pips.

is this one from 20th july a consolidation or a reversal sign? all this range ? a better buy would be on the break of 1.5550 level or a sell @ 1.5456

you're only gonna loose 50 pips of total profit on both moves if they continue so what's the rush ?

anyway..I scalp so I opened 2 more shorts @ 1.5502 and 1.5500

TP1.5459 just above the low and SL just above 1.5520 even if 1.5505-10 would do
  • #319,789
  • Jul 26, 2012 3:01am Jul 26, 2012 3:01am
and now with the chart
Attached Image (click to enlarge)
Click to Enlarge Name: soldgu27.gif Size: 48 KB
  • #319,790
  • Jul 26, 2012 3:06am Jul 26, 2012 3:06am
I think, down the road we go

http://4.bp.blogspot.com/-2kH2bSZnSK...angry_bear.jpg
  • #319,791
  • Jul 26, 2012 3:14am Jul 26, 2012 3:14am
Quoting redbeben
one more thing.many traders wish as TP 1.5700

that's a long way from this level.

he who picks bottoms ends up with smelly fingers...what I mean is that look at the 4 H chart starting the 4th of july and tell me what you see.

I see a range from 4th to 10th of july.was it a reversal? nope it was consolidation then crashed 100 pips.

is this one from 20th july a consolidation or a reversal sign? all this range ? a better buy would be on the break of 1.5550 level or a sell @ 1.5456

you're only gonna loose 50 pips of total profit on both...
SL @ BE now

closed 1.5 lots of 3
  • #319,792
  • Jul 26, 2012 3:14am Jul 26, 2012 3:14am
Bear. dvg. on M15 / H1.
Shorted from round number... filled at 5498(4)
scaled out partially for 21 pips.
Attached Image (click to enlarge)
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  • #319,793
  • Jul 26, 2012 3:24am Jul 26, 2012 3:24am
waiting 1.5460 to be broken than my targets are 1.5404 and 1.5388
ofc if we go under 1.2130 at eurusd
  • #319,794
  • Jul 26, 2012 3:38am Jul 26, 2012 3:38am
Banked all for +20 in average. Didnt like PA on smaller TF.
5470 must break in order to move down to continue, IMHO.
Posible retest of 5500, and Mr. Mario in less than 1 hour, took 20.
Attached Image (click to enlarge)
Click to Enlarge Name: cable-20pips.gif Size: 24 KB
  • #319,795
  • Jul 26, 2012 3:42am Jul 26, 2012 3:42am
went long @ 1.5483 TP 1.5496 TP2 1.5504 there sell
  • #319,796
  • Jul 26, 2012 3:47am Jul 26, 2012 3:47am
Quoting redbeben
went long @ 1.5483 TP 1.5496 TP2 1.5504 there sell
out -1
perfect sell on M1 now we continue under 5470 towards the other sell TP
  • #319,797
  • Jul 26, 2012 3:56am Jul 26, 2012 3:56am
short G/U 1.5498 t.p 1.5445 s.l 1.5535
  • #319,798
  • Jul 26, 2012 4:07am Jul 26, 2012 4:07am
Quoting redbeben
went long @ 1.5483 TP 1.5496 TP2 1.5504 there sell



isn't it Ironic,don't ou think,It's like raaaiiiinnnnnn on your wedding day
a free ride when you already paid


rule number one do not cross your rules.mine is not to trade while sleeping

TP2 1.5504 and from there sell would do for some 8-10 pips
  • #319,799
  • Jul 26, 2012 4:20am Jul 26, 2012 4:20am
Super Mario in 10 min.

Due to participate in a panel discussion, along with Bank of England Governor Mervyn King, at the Global Investment Conference, in London;
  • #319,800
  • Edited 5:00am Jul 26, 2012 4:21am | Edited 5:00am
Quoting bguguen
Thank you fontu, and i thought i was mad when everyone here is trying to Long and already broken psych 5500 support....
ok, still another turmoil can take place to test 5558/84/92 before the bear takes its path more smooth, test 5393 or down other limit levels. so go try for the psych 5500/50 .
Thanks, fontu
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: eu1.gif Size: 10 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
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