Cable Update (GBPUSD) | Page 16602 | 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)

  • #332,021
  • Dec 7, 2012 6:31am Dec 7, 2012 6:31am
Quoting Ill-b-back
Yes I agree, she moves alright. In fact I witnessed a 950 odd pip trading range in 1 day recently, about the range this slug has covered all year.

Not for me brother.

I put all my eggs in the GU basket. There is no need for me to trade more than 1 pair (other than dabbling with the EU).

GU works by far the best for me so I leverage my self fully with GU rather than splitting my risk with 2 or more pairs.

The way I see it, If I am prepared for example to risk say 5% of my account on any given trading day, rather than splitting that...
Mine mistake too..The other day i genuinely thot i was gona margin call having 6 standard lot on an 8k demo that is shorting the yen crosses... Only to realise account suffered at max 30% drawdown with all that trade before its turning in my favour so technically i didnt even need to do that quantitative easing act i did on my demo account pumping it with more balance so i can keep my strategy test alive
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #332,022
  • Dec 7, 2012 6:42am Dec 7, 2012 6:42am
Quoting fxtyrant
Mine mistake too..The other day i genuinely thot i was gona margin call having 6 standard lot on an 8k demo that is shorting the yen crosses... Only to realise account suffered at max 30% drawdown with all that trade before its turning in my favour so technically i didnt even need to do that quantitative easing act i did on my demo account pumping it with more balance so i can keep my strategy test alive
6 lots on 8K

Lucky was demo, 120 pips or so the wrong way and you would have been toast
Come with me if you want to live....
  • #332,023
  • Dec 7, 2012 6:48am Dec 7, 2012 6:48am
Quoting fxtyrant
Mine mistake too..The other day i genuinely thot i was gona margin call having 6 standard lot on an 8k demo that is shorting the yen crosses... Only to realise account suffered at max 30% drawdown with all that trade before its turning in my favour so technically i didnt even need to do that quantitative easing act i did on my demo account pumping it with more balance so i can keep my strategy test alive
quick poll -

UP or DOWN after US News

No pressure. I want to get a sample guess of at least 20 members... just for fun. Help me out?

I start - UP

Regards
  • #332,024
  • Dec 7, 2012 6:50am Dec 7, 2012 6:50am
Quoting fxtyrant
Mine mistake too..The other day i genuinely thot i was gona margin call having 6 standard lot on an 8k demo that is shorting the yen crosses... Only to realise account suffered at max 30% drawdown with all that trade before its turning in my favour so technically i didnt even need to do that quantitative easing act i did on my demo account pumping it with more balance so i can keep my strategy test alive

I going to tell u something hopefully u listen:-:rolling_on_the_floor_laughing:

U should never trade like this..there is only one reason i have survived in this..it money management..nothing works completely so mm has to be there...u will never cut the trade and if it was live..u would be risking account blow..this is not effective demo trading..u have to keep it as realistic as possible otherwise it a question of time..

no matter how well u trade on demo, live will be different..
  • #332,025
  • Dec 7, 2012 6:53am Dec 7, 2012 6:53am
Quoting TauTrader
quick poll -

UP or DOWN after US News

No pressure. I want to get a sample guess of at least 20 members... just for fun. Help me out?

I start - UP

Regards
I will nibble at this,

Up also
Come with me if you want to live....
  • #332,026
  • Dec 7, 2012 6:54am Dec 7, 2012 6:54am
Quoting Ill-b-back
I will nibble at this,

Up also
Hehe,

thank you.

come on members - no brownie points - just a simple guess.
  • #332,027
  • Dec 7, 2012 6:55am Dec 7, 2012 6:55am
Quoting Ill-b-back
I will nibble at this,

Up also
But if my timing analysis is right, I see down just a little bit first, then up.
Come with me if you want to live....
  • #332,028
  • Dec 7, 2012 6:57am Dec 7, 2012 6:57am
Quoting Ill-b-back
But if my timing analysis is right, I see down just a little bit first, then up.


Sir,

No one will be held to this - it's just a fun guess. Nothing more - nothing less. I want to understand how traders "think"..

Thank you for taking the step

Regards
  • #332,029
  • Dec 7, 2012 6:57am Dec 7, 2012 6:57am
Me : right ...
Quoting TauTrader
quick poll -

UP or DOWN after US News

No pressure. I want to get a sample guess of at least 20 members... just for fun. Help me out?

I start - UP

Regards
not euphoria follower
  • #332,030
  • Dec 7, 2012 6:58am Dec 7, 2012 6:58am
Quoting Ill-b-back
But if my timing analysis is right, I see down just a little bit first, then up.

see u at 1.55
  • #332,031
  • Dec 7, 2012 6:59am Dec 7, 2012 6:59am
Quoting TauTrader


Sir,

No one will be held to this - it's just a fun guess. Nothing more - nothing less. I want to understand how traders "think"..

Thank you for taking the step

Regards
It's a pleasure TT, I am having fun
Come with me if you want to live....
  • #332,032
  • Dec 7, 2012 7:00am Dec 7, 2012 7:00am
Quoting iqyu5an
Me : right ...
come on, iqyu5an..

Take you pick - UP or DOWN

Regards
  • #332,033
  • Dec 7, 2012 7:01am Dec 7, 2012 7:01am
Quoting nAVIN2007
see u at 1.55
Thanks, Bro NAV

I take it as a DOWN

Regard
  • #332,034
  • Dec 7, 2012 7:01am Dec 7, 2012 7:01am
Quoting nAVIN2007
see u at 1.55
I will see you at 2.11 in about 4 years
Come with me if you want to live....
  • #332,035
  • Dec 7, 2012 7:04am Dec 7, 2012 7:04am
28 minutes - come on members - I need a bigger sample..

We have 51 traders viewing. does not matter if you are an "old" trader or Junior.

Post your guess
  • #332,036
  • Dec 7, 2012 7:06am Dec 7, 2012 7:06am
Nav, wish I had added to my short yesterday.

Anyhow woulda, shoulda, coulda ehh, lol

looks like 1.55 is on its way, like you said.
  • #332,037
  • Dec 7, 2012 7:08am Dec 7, 2012 7:08am
UP....... but then down to 1.59! by close



Quoting TauTrader
28 minutes - come on members - I need a bigger sample..

We have 51 traders viewing. does not matter if you are an "old" trader or Junior.

Post your guess
  • #332,038
  • Dec 7, 2012 7:09am Dec 7, 2012 7:09am
Quoting TauTrader
Thanks, Bro NAV

I take it as a DOWN

Regard

Mr T look at the dailly chart candle 12:11:01 (dailly pin)
this is think is a classic breakout and retest scenero..if simple have moved up to retest the breakout area to resume trend

it is also having confluence at 61.8 fib from the extreme high 1.63 to the low 1.5823..so if it breaks the low..it should be a good move..sorry cannot post a chart because i dont want every1 trading it!!..

but u different
not every1 reads so this can work..
  • #332,039
  • Dec 7, 2012 7:11am Dec 7, 2012 7:11am
Quoting alex1976
Nav, wish I had added to my short yesterday.

Anyhow woulda, shoulda, coulda ehh, lol

looks like 1.55 is on its way, like you said.
A DOWN for Alex
  • #332,040
  • Dec 7, 2012 7:12am Dec 7, 2012 7:12am
Heheheeh....personally... She already stay below of my concerned level ... And closing price 2011 seems to be the magnet. Another reason....i already saw second top for future bullish shark. Well... I choose : down.could be wrong.....
Quoting TauTrader
come on, iqyu5an..

Take you pick - UP or DOWN

Regards
not euphoria follower
1,826 traders viewing now