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Cable Update (GBPUSD)

  • #325,261
  • Sep 27, 2012 5:23am Sep 27, 2012 5:23am
Quoting Freshpips
stupid, tried holding on for another 10 pips or so better level and by doing that missed the entry altogether....

stupid.

Hoping we get a retest of 1.6215-1.6219
Was that good enough?
Trading comes quickly, patience and discipline does not!
  • #325,262
  • Sep 27, 2012 5:27am Sep 27, 2012 5:27am
Quoting Daddypips
Was that good enough?

Unfortunately not - it took every ounce of will power not to enter... Im waiting for higher and im sticking to that.

If I dont get my level, then so be it, thats forex for you...

Need to stick to my plan.
  • #325,263
  • Sep 27, 2012 5:33am Sep 27, 2012 5:33am
- Cable M1:
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  • #325,264
  • Sep 27, 2012 5:33am Sep 27, 2012 5:33am
Quoting Freshpips
Unfortunately not - it took every ounce of will power not to enter... Im waiting for higher and im sticking to that.

If I dont get my level, then so be it, thats forex for you...

Need to stick to my plan.
Good plan, im waiting for those levels again, monitoring it on the 1 min, ive found that a level gets tested up to 3 times before making a move!
Trading comes quickly, patience and discipline does not!
  • #325,265
  • Sep 27, 2012 5:37am Sep 27, 2012 5:37am
Quoting Freshpips
Yes thats what im going to wait for, although it means breaking the UDTL from 21st September...

Ideally a bounce from there could set me up for a short...

Im battling with myself over my inherent need to want to trade, patience was never one of my virtues.... but im working on it
Well the last 30M was capped by the 200 so it should fall a bit before heading back up....if it does at all at this point. But again, with all the news today, price WILL be all over the map.

Now we'll see if the 30M low is capped by the other 200...LOL A perfect bounce off it.
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Ghost Rider - WWTBMD?
  • #325,266
  • Sep 27, 2012 5:38am Sep 27, 2012 5:38am
Quoting Ziko9o8
- Cable M1:
Ummmm...yeah..and?
Ghost Rider - WWTBMD?
  • #325,267
  • Sep 27, 2012 5:39am Sep 27, 2012 5:39am
Quoting Freshpips
Unfortunately not - it took every ounce of will power not to enter... Im waiting for higher and im sticking to that.

If I dont get my level, then so be it, thats forex for you...

Need to stick to my plan.
Just let you know that I am still on the side way same you...

As long as we do not trade, our money is still with us...

Wait & see 230 - 240, even price move away
  • #325,268
  • Sep 27, 2012 5:40am Sep 27, 2012 5:40am
Quoting Freshpips
Unfortunately not - it took every ounce of will power not to enter... Im waiting for higher and im sticking to that.

If I dont get my level, then so be it, thats forex for you...

Need to stick to my plan.
Good for you. Incredibly tough to wait until you get the entry that you want. One of the biggest issues in Forex is patience - and buckets of it, particularly when the trading range has narrowed so much over the last 6-9 months.

What a drag!!
  • #325,269
  • Sep 27, 2012 5:41am Sep 27, 2012 5:41am
Quoting Daddypips
Good plan, im waiting for those levels again, monitoring it on the 1 min, ive found that a level gets tested up to 3 times before making a move!
Ive created a new strat but to get genuine results based on the setup I need to make sure all parameters are correct, otherwise a) its not true reflection and b) its just gambling...

Ideally I would like to be in and out before the US news though...
  • #325,270
  • Sep 27, 2012 5:42am Sep 27, 2012 5:42am
Quoting albchr
Ummmm...yeah..and?
- SL: 10pips

- Target: 1.6185

- GL.
  • #325,271
  • Sep 27, 2012 5:48am Sep 27, 2012 5:48am
Quoting Freshpips
Ive created a new strat but to get genuine results based on the setup I need to make sure all parameters are correct, otherwise a) its not true reflection and b) its just gambling...

Ideally I would like to be in and out before the US news though...
.......or to have enough Pips banked by the stop loss so the news dont matter!!
Trading comes quickly, patience and discipline does not!
  • #325,272
  • Sep 27, 2012 5:48am Sep 27, 2012 5:48am
i like when i have only 1 simple rule to get out of a trade:
if price close 1 candle above my entry 6215 i will close my trade and leave till tomorrow
90% of traders use TA, indicators and prediction
  • #325,273
  • Sep 27, 2012 5:52am Sep 27, 2012 5:52am
Quoting Daddypips
.......or to have enough Pips banked by the stop loss so the news dont matter!!

Yes, or that.
  • #325,274
  • Sep 27, 2012 5:54am Sep 27, 2012 5:54am
new developments going on .6130 next limit before next up still hold, breaks next 6030 & last 5911.6163 breaks confirms for the correction starts though before but crazy up still possible keeping those down limits intact yet .
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #325,275
  • Sep 27, 2012 6:21am Sep 27, 2012 6:21am
This is gonna be a long day.
Ghost Rider - WWTBMD?
  • #325,276
  • Sep 27, 2012 6:26am Sep 27, 2012 6:26am
Ok...is it FF or my system? It used to be when I clicked on a picture in a post with more than one (like fontu's last one here) , it would open in front of my browser and I could scroll through them with a "next" or "previous" button.

Now they open in another tab and I have to click on each one which opens more tabs?

This started about a month ago. I can't find any settings in my browser to get back. It's a pain! LOL
Ghost Rider - WWTBMD?
  • #325,277
  • Sep 27, 2012 6:27am Sep 27, 2012 6:27am
Price out of the channel I think its time to close the sale, or not?
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  • #325,278
  • Sep 27, 2012 6:39am Sep 27, 2012 6:39am
Quoting MidasFG
Price out of the channel I think its time to close the sale, or not?
imo no, coz is not yet out of the channel and anyway i never decide based in a line.
NY will surely shake this thing so let's see what happens
90% of traders use TA, indicators and prediction
  • #325,279
  • Sep 27, 2012 6:41am Sep 27, 2012 6:41am
Quoting albchr
Ok...is it FF or my system? It used to be when I clicked on a picture in a post with more than one (like fontu's last one here) , it would open in front of my browser and I could scroll through them with a "next" or "previous" button.

Now they open in another tab and I have to click on each one which opens more tabs?

This started about a month ago. I can't find any settings in my browser to get back. It's a pain! LOL
ctrl and + on the browser and everything is ok.
to get back...
ctrl and -

90% of traders use TA, indicators and prediction
  • #325,280
  • Sep 27, 2012 6:41am Sep 27, 2012 6:41am
Quoting _BBKing_
imo no, coz is not yet out of the channel and anyway i never decide based in a line.
NY will surely shake this thing so let's see what happens
We look ... look ... yet
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