{quote} As I predicted, it is going down
Come with me if you want to live....
Cable Update (GBPUSD)
- #342,581
- Jun 12, 2013 1:25pm Jun 12, 2013 1:25pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
- #342,583
- Jun 12, 2013 1:53pm Jun 12, 2013 1:53pm
- | Membership Revoked | Joined Aug 2011 | 7,263 Posts
If there was easy money lying around,no one would be forcing it into your
- #342,585
- Jun 12, 2013 2:41pm Jun 12, 2013 2:41pm
- Joined Mar 2009 | Status: Trader | 25,480 Posts
Ghost Rider - WWTBMD?
- #342,586
- Jun 12, 2013 5:04pm Jun 12, 2013 5:04pm
- Joined Mar 2007 | Status: Trader | 8,618 Posts
Slight problem with last week's high:
Gone to a better place
- #342,587
- Jun 12, 2013 5:19pm Jun 12, 2013 5:19pm
- Joined Mar 2007 | Status: Trader | 8,618 Posts
Gone to a better place
- #342,588
- Jun 12, 2013 5:25pm Jun 12, 2013 5:25pm
- Joined Jun 2011 | Status: the risk is the unknown | 2,182 Posts
- #342,589
- Jun 12, 2013 5:27pm Jun 12, 2013 5:27pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Come with me if you want to live....
- #342,590
- Jun 12, 2013 5:32pm Jun 12, 2013 5:32pm
- Joined Mar 2007 | Status: Trader | 8,618 Posts
I'd like to get a pullback so I can jump in again upon 1hr trend resumption
Sorry I can't stay I'll-be-back, but I would be interested in reading your target when I get up in the morning...
Gone to a better place
- #342,591
- Jun 12, 2013 5:39pm Jun 12, 2013 5:39pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
{quote}
But I don't see why 5780 area is out of the question now that we have a daily close above the retested broken weekly TL.
Come with me if you want to live....
- #342,592
- Jun 12, 2013 8:19pm Jun 12, 2013 8:19pm
- | Membership Revoked | Joined Aug 2011 | 7,263 Posts
If there was easy money lying around,no one would be forcing it into your
- #342,596
- Jun 12, 2013 9:18pm Jun 12, 2013 9:18pm
{quote} As I predicted, it is going down
10 pips?
I really like you, you are so funny and enthusiastic. I almost miss you when you are not around. Most of your predictions were wrong and your wishes didn't fullfil, but you seem not to care and still happy with that, as if nothing happened. That's adorable.
Btw, why don't you bet against your own prediction? It will make you money. Don't get me wrong. I have tried it myself long time ago. And it worked
.. Back then I knew of an analyst who got wrong most of the time. Combined with my own prediction, I made more profit than ever before by going the opposite. But he quit 
Make it simple, but not simpler - Einstein
- #342,597
- Jun 12, 2013 9:24pm Jun 12, 2013 9:24pm
It didn't make a rally yesterday, but crawled upstairs. It was around 500 pips away from Monthly Lo (1.519). 100 pips to go for my average monthly strike, and we already see the exhaustion. Ideally, after reaching the top at 1.574/6 it will go down 320-400 pips to 1.538-1.542. Thereafter it will resume its uptrend in another 600 pips strike to 1.60 .. simple math
But it appears to test daily S1 (1.564) first if daily pivot (1.567) doesn't hold.
But it appears to test daily S1 (1.564) first if daily pivot (1.567) doesn't hold.
Make it simple, but not simpler - Einstein
- #342,598
- Jun 12, 2013 9:26pm Jun 12, 2013 9:26pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
{quote} 10 pips? I really like you, you are so funny and enthusiastic. I almost miss you when you are not around. Most of your predictions were wrong and your wishes didn't fullfil, but you seem not to care and still happy with that, as if nothing happened. That's adorable. Btw, why don't you bet against your own prediction? It will make you money. Don't get me wrong. I have tried it myself long time ago. And it worked
We can revive this contraindicating money machine of yours, I'm sure of it
Come with me if you want to live....
- #342,599
- Jun 12, 2013 9:28pm Jun 12, 2013 9:28pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
It didn't make a rally yesterday, but crawled upstairs. It was around 500 pips away from Monthly Lo (1.519). 100 pips to go for my average monthly strike, and we already see the exhaustion. Ideally, after reaching the top at 1.574/6 it will go down 320-400 pips to 1.538-1.542. Thereafter it will resume its uptrend in another 600 pips strike to 1.60 .. simple math
Come with me if you want to live....
- #342,600
- Jun 12, 2013 10:46pm Jun 12, 2013 10:46pm
Hey all,
Just closed my long trade @ 15681.9. So I have luckily netted 140 points since Friday night, not bad for myself and keeps me in the game for the next trade.
The only reason I closed to be honest, was just i was simply a bit lost on the direction of the market!! was indifferent to whether it was going up or down, just thought it had gone a bit stale/stalling. Plus i was so close to my target of 150-200 points, i am trying to learn from past mistakes and took what was there rather than keep risking it all for 10 more points
lol.
I need to learn how to close my trades confidently, cause at the moment i have got my little indicators that tell me when to open my trade so that's relatively straight forward, however i don't use any indicators to close my trade, just trying to look at the chart to try and get a feel for when its had its run and when to get out.
If anyone does the same or something different to close their trades, any tips would be appreciated. I use the 1 day and 1 hour charts to enter my trades.
Many thanks and good luck all with their trades
Just closed my long trade @ 15681.9. So I have luckily netted 140 points since Friday night, not bad for myself and keeps me in the game for the next trade.
The only reason I closed to be honest, was just i was simply a bit lost on the direction of the market!! was indifferent to whether it was going up or down, just thought it had gone a bit stale/stalling. Plus i was so close to my target of 150-200 points, i am trying to learn from past mistakes and took what was there rather than keep risking it all for 10 more points
lol.I need to learn how to close my trades confidently, cause at the moment i have got my little indicators that tell me when to open my trade so that's relatively straight forward, however i don't use any indicators to close my trade, just trying to look at the chart to try and get a feel for when its had its run and when to get out.
If anyone does the same or something different to close their trades, any tips would be appreciated. I use the 1 day and 1 hour charts to enter my trades.
Many thanks and good luck all with their trades
Safety First