Cable Update (GBPUSD) | Page 16122 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #322,421
  • Aug 23, 2012 1:16am Aug 23, 2012 1:16am
where are you guys....
sheeeeez going downnnnnnnnn....

  • #322,422
  • Aug 23, 2012 1:23am Aug 23, 2012 1:23am
Yeah, Yeah , Yeah,

Said that one by many last night and look at today...................
Quoting MrThief
where are you guys....
sheeeeez going downnnnnnnnn....

XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #322,423
  • Aug 23, 2012 1:27am Aug 23, 2012 1:27am
If you are risking standards, HOPEFULLY NOT at 100:1 Leverage,
your trade plan should be set. and not asking people on a forum who may trade with NO STOPS ad margin call your account.

You should have your risk reward lined up potentially before each trade.CUT the LOSERS short and let the WINNERS RIDE,

Simple FX ground rules.

Cable is not a newbie friendly pair either.

Wish you luck,

for instance, risk 50 to make 100 or 1:2 RR.

Hope this helps.
X

Quoting aarash
I have 3 sells!
first @ 5600 (1 x standard)
second @ 5800 (1.5 x standard)
third @ 5900 (2 x standard)

with TP @ 5770!

Where I should place SL?
Do I need that??
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #322,424
  • Aug 23, 2012 1:29am Aug 23, 2012 1:29am
Quoting Davit
I just loaded my account so I can weather it out.I feel peaceful now.
.

This is also me tomorrow if we go up any further, need to be able to get enough to be able to handle 1.63 if she comes. Also enough to be able to place more short if she get there
Money never sleeps...
  • #322,425
  • Aug 23, 2012 1:31am Aug 23, 2012 1:31am
Quoting XTrade
Yeah, Yeah , Yeah,

Said that one by many last night and look at today...................
i lost 20% of my account today... as i had a sell from 1.5750
i closed that position today at 1.5890

im really very upset today
need to cover that
im a small trader used to copy u all... but unfortunately i made a wrong decision as my brother said.. now im upset

i need help guys...

  • #322,426
  • Aug 23, 2012 1:31am Aug 23, 2012 1:31am
45,000 USD risk. Hmm. probably at 200:1 leverage, you need a plan mate and fast, hope you make some dough on these scalps.

But, be kind to your account, unless you have about 100k in there AT LEAST I would consider lowering my leverage or trading less risky,

Just MY VERY HONEST OPINION. Take it or leave it.
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #322,427
  • Aug 23, 2012 1:34am Aug 23, 2012 1:34am
Quoting XTrade
If you are risking standards, HOPEFULLY NOT at 100:1 Leverage,
your trade plan should be set. and not asking people on a forum who may trade with NO STOPS ad margin call your account.

You should have your risk reward lined up potentially before each trade.CUT the LOSERS short and let the WINNERS RIDE,

Simple FX ground rules.

Cable is not a newbie friendly pair either.

Wish you luck,

for instance, risk 50 to make 100 or 1:2 RR.

Hope this helps.
X
yes this was my mistake... i should have set the stop loss...
  • #322,428
  • Aug 23, 2012 1:39am Aug 23, 2012 1:39am
should i go for a sell position here... .1 leverage... i have an account of 500$ only
  • #322,429
  • Aug 23, 2012 1:40am Aug 23, 2012 1:40am
Quoting bguguen
Im fine but Ben sure fucked things up... whats damaging me is the damn UJ....
i mean who the fuck is still buying the YEN?!?!
which currency pair i will post a chart for yah..on fb
  • #322,430
  • Aug 23, 2012 1:41am Aug 23, 2012 1:41am
OK ------

FIRST RULE OF TRADING AND SPEAKING ON A RETAIL FX AND COMMOD FORUM>

NEVER FOLLOW ANYONE BESIDES YOUR OWN - Analysis, Fundies, or GUT>

Next, USE proper risk reward, a standard as just mentioned is RISK 50 to make 100

Lower your leverage to 50:1

You will end up saving your account and thanking me.

START IDENTIFYING STRENGTH OR WEAKNESS and TRADE THAT WAY.


I swear people on this forum just SHORT because you can. Longer term trades short or long are more profitable.


But Go trade stocks and try to naked short or options rather..you will SOON FIND OUT IT IS NOT SO EASY and THERE should be a valid reason.

I really do think every new trader to FX should be forced to trade LONG ONLY for six months before considering a short.

20% is a bigggg loss, don't revenge trade. Now it is time to take things slow and make SMARTER more planned out trades. What were you gambling>???>??? This is the casino that will wipe your a$$ out faster than 1k hands in Vegas on the black jack table.

I lost last week, slowed down and within today, just on currencies, regained my loss and am in about 100 pips profit. From patience and smarter trading,just my two cents since you DID ask for help.GL
XT

Quoting MrThief
i lost 20% of my account today... as i had a sell from 1.5750
i closed that position today at 1.5890

im really very upset today
need to cover that
im a small trader used to copy u all... but unfortunately i made a wrong decision as my brother said.. now im upset

i need help guys...

XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #322,431
  • Aug 23, 2012 1:46am Aug 23, 2012 1:46am
Quoting MrThief
i lost 20% of my account today... as i had a sell from 1.5750
i closed that position today at 1.5890

im really very upset today
need to cover that
im a small trader used to copy u all... but unfortunately i made a wrong decision as my brother said.. now im upset

i need help guys...

I made the same mistakes before as well.You closed your position early.Lots of News on Euro today and chances are they are not good.
I think by Fri this will go down 5780 level.
Here is a cool indicator showing trend strength to help you out.Remember check longer TF as well as Shorter if scalping.
Pay attention to News
Attached File(s)
File Type: ex4 Trend Strength.ex4   12 KB | 423 downloads
In trading, you have to be defensive and aggressive at the same time
  • #322,432
  • Aug 23, 2012 1:47am Aug 23, 2012 1:47am
Quote
BoE Weale says GBP strength is a concern according to a report

if he really worry he have to give some bearish comment not this
Mohan
  • #322,433
  • Aug 23, 2012 1:48am Aug 23, 2012 1:48am
No, unless you are a pro scalper at cable you should not be risking 45,000 USD on it.. fuck the damn stop loss;.


Just because a PAIR GOES UP does NOT MEAN IT IS GUARANTEED TO FALL - no matter what fibonacci says.

Have a look at swissy, these two usually move quite inverse,

I give her a potential and I use the term lightly - rise to the 50 daY SMA, THEN SMACK DOWN.

Quoting MrThief
yes this was my mistake... i should have set the stop loss...
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #322,434
  • Aug 23, 2012 1:54am Aug 23, 2012 1:54am
BoE Weale says GBP strength is a concern according to a report

a concern. break 6000 then be concerned. only a tad bit, my real long term area for this pair is 1.8
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #322,435
  • Aug 23, 2012 1:55am Aug 23, 2012 1:55am
Quoting Makavelli7
!!!!!!!!! Ohhh PT please stay!!!!

90% of traders use TA, indicators and prediction
  • #322,436
  • Aug 23, 2012 1:59am Aug 23, 2012 1:59am
hello people,
was wondering what happened in the thread with last moves

i RALLY hope everybody will be fine since is STRONGly possible to go TILL 1.6060.

just an opinion!

good luck
90% of traders use TA, indicators and prediction
  • #322,437
  • Aug 23, 2012 2:04am Aug 23, 2012 2:04am
Why, why short, if the pair is trending up??????????? to catch a few small pips on a measly retrace>>>

C'mON on a great day cable can blast 250 pips north.

Impatient is right.

Jeese.

Quoting inpatient
This is also me tomorrow if we go up any further, need to be able to get enough to be able to handle 1.63 if she comes. Also enough to be able to place more short if she get there
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #322,438
  • Aug 23, 2012 2:06am Aug 23, 2012 2:06am
Quoting _BBKing_
hello people,
was wondering what happened in the thread with last moves

i RALLY hope everybody will be fine since is STRONGly possible to go TILL 1.6060.

just an opinion!

good luck
i have similar view but this not the place to take long i am waiting and waiting due pullback to load some long but it's not happening
Mohan
  • #322,439
  • Aug 23, 2012 2:12am Aug 23, 2012 2:12am
Well when it doesn't happen that might mean we have broken resistance and made new support.

We are ten minutes into london tokyo x session. see if you get a chance here.
Quoting mohan76
i have similar view but this not the place to take long i am waiting and waiting due pullback to load some long but it's not happening
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #322,440
  • Aug 23, 2012 2:14am Aug 23, 2012 2:14am
thank you guys .. i was just writing down the tips and tricks given by u guy on sticky notes... the rules to follow...

yes its going up...
2 events gone good for EUR just now... other 2 are in progress.. and next 7 hours are crucial for gbpusd and eurusd

im in gbpusd

thank you again brothers
414 traders viewing now, 2 are registered:
Jomotron
,
JKaiyoo