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Cable Update (GBPUSD)

  • #324,161
  • Sep 12, 2012 4:16am Sep 12, 2012 4:16am
Quoting nAVIN2007
is that free weight or on machine?
I only work free.

free wights,freefall,freedive,freetrades....

I live in an utopic world

even on a fix bar you would still have same weight it is just it's not gonna dangle from one side to the other(talking about the fix bar not the cable devices)
  • #324,162
  • Sep 12, 2012 4:17am Sep 12, 2012 4:17am
flag
buy on a break
Attached Image
  • #324,163
  • Sep 12, 2012 4:19am Sep 12, 2012 4:19am
Quoting Nachiket
150 pips in 2 days. thats too much.
ESM expectations

and techs to be touched.
  • #324,164
  • Sep 12, 2012 4:24am Sep 12, 2012 4:24am
Quoting redbeben
red is 99.99% right why doubt it for 0.01% ?

life is short mate,don't mess it with statistics

from 1.6130 to my ''15-20 min '' 1.6110 20 pips have passed.

we might see more on the way down or we might bounce back up now ..but if we go below 1.6100-6102 we go to that 1.6070-75 area.
now..the moment of truth is here

locked all now on shorts and closed half.
  • #324,165
  • Sep 12, 2012 4:24am Sep 12, 2012 4:24am
Quoting Caeser
Well said Albachr. The reason i think i should step aside is so that i can regain my sanity. In my experience placing trades shortly after a loss usually turns out bad
Well it's great that you've identified that about yourself.

For sure if the markets have you upset, then walking away (flat) is always the best choice. If you don't, that will usually (if not always) result in "revenge trading" which NEVER works! LOL

What I meant about accepting a "pre-planned" loss is, you set your stop knowing full well it could get hit so you "should have" already accepted the loss when the trade was placed. Thus, there should be no emotion to drive you insane. If there is, then the initial trade plan should be evaluated.

For me, staying focused on the market after a loss is important. It may not be for everyone and in fact, wasn't for me early in my trading either.

I guess it started changing for me as I grew more confidant in both my ability to read the charts, and my ability to accept a loss as simply part of the business and not get upset by it.
Ghost Rider - WWTBMD?
  • #324,166
  • Sep 12, 2012 4:30am Sep 12, 2012 4:30am
Another good day for me... heavy short now
Attached Image (click to enlarge)
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  • #324,167
  • Sep 12, 2012 4:31am Sep 12, 2012 4:31am
Quoting adzim.manan
Another good day for me... heavy short now
Attachment
nice cat
  • #324,168
  • Sep 12, 2012 4:34am Sep 12, 2012 4:34am
Quoting redbeben
nice cat
h4 must be closed in red.. hehe
  • #324,169
  • Sep 12, 2012 4:39am Sep 12, 2012 4:39am
Quoting adzim.manan
h4 must be closed in red.. hehe
watch 1.6060-70 area for buyers

they seem to be hiding there

ask the cat to scratch them and spit them so we can push the market lower
  • #324,170
  • Sep 12, 2012 4:44am Sep 12, 2012 4:44am
Quoting redbeben
ask the cat to scratch them and spit them so we can push the market lower
haha... i feel this cat will dead on that level
  • #324,171
  • Sep 12, 2012 4:52am Sep 12, 2012 4:52am
Quoting redbeben
and this could be the start of the fall of EU

1.2876 first stop I hope then 1.2788-90

that one will be tricky for a rebounce or a continuation to test the 1.2745-50 S

I'm tryin my luck here

2-1 first RR,but as always I'll scale out and move to BE and whatever

I'm tired.I'm going to sleep a bit now...or daydream


1 little 2 little 3 little indians 4 little 5 little 6 little indians

RED lil indian brave

closed half + 20 rest BE and moved TP to 1.2790
Attached Image (click to enlarge)
Click to Enlarge Name: soldeu121.gif Size: 55 KB
  • #324,172
  • Sep 12, 2012 4:56am Sep 12, 2012 4:56am
Quoting redbeben
we might see more on the way down or we might bounce back up now ..but if we go below 1.6100-6102 we go to that 1.6070-75 area.

anyway we might see as well a monster 100 pips drop on EU to 1.2770-90 area but we need to go below 2860 area
alonsi my lil petit you can go to the arabs @ 1.6060-70 at least.do not dissapoint me now

for some reason I feel there is a hoard of bankers going against my trades.am I paranoid ?

a retest of 1.6102 is now in play
oh boy kill me now
  • #324,173
  • Sep 12, 2012 5:01am Sep 12, 2012 5:01am
will rise again.
  • #324,174
  • Sep 12, 2012 5:05am Sep 12, 2012 5:05am
Quoting Nachiket
will rise again.
should I buy now ?
or wait for deeper retrace?
  • #324,175
  • Sep 12, 2012 5:22am Sep 12, 2012 5:22am
Quoting redbeben
should I buy now ?
or wait for deeper retrace?
i have a pending sell at 1.6130. no buying for me. another one at 1.6150
  • #324,176
  • Sep 12, 2012 5:24am Sep 12, 2012 5:24am
Quoting Nachiket
i have a pending sell at 1.6130. no buying for me. another one at 1.6150
same po
  • #324,177
  • Sep 12, 2012 5:25am Sep 12, 2012 5:25am
Quoting Nachiket
i have a pending sell at 1.6130. no buying for me. another one at 1.6150
I see 1.6102 and if above 1.6115 for now

but it might make a sudden drop dead move and go to 1.5550 ....and by tmr there will be only banks left in the market and no retailers
  • #324,178
  • Sep 12, 2012 5:26am Sep 12, 2012 5:26am
Chart Update, Redline and Trendline approaching.... i believe we may start seeing seller power around there... look for signals there.... spikes or reversal patter near there...
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd weekly.gif Size: 26 KB
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #324,179
  • Sep 12, 2012 5:32am Sep 12, 2012 5:32am
Quoting bguguen
Chart Update, Redline and Trendline approaching.... i believe we may start seeing seller power around there... look for signals there.... spikes or reversal patter near there...
Attachment
hi there

you missed one trend line

it was touched already.
  • #324,180
  • Sep 12, 2012 5:33am Sep 12, 2012 5:33am
perfect sell about to form on M1 GU
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