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Cable Update (GBPUSD)

  • #373,261
  • Apr 24, 2014 8:40am Apr 24, 2014 8:40am
Quoting deeZG
{quote} by the book trading! really nice to see
thanks sometimes most simple techs are most logical.Why complicate things.
Regards
In trading, you have to be defensive and aggressive at the same time
  • #373,262
  • Apr 24, 2014 8:41am Apr 24, 2014 8:41am
slapped GBP @1.6786. lets see if 6760 holds this time or it breaks 6810
  • #373,263
  • Apr 24, 2014 8:46am Apr 24, 2014 8:46am
Good day,

Seems I'm turning into a scalper..

Did a few more trades. wins still above 80% for the day. Losers lower than winners. 21 trades completed.

Results below:
Attached Image (click to enlarge)
Click to Enlarge Name: Image 5.png Size: 25 KB
  • #373,264
  • Apr 24, 2014 8:48am Apr 24, 2014 8:48am
Quoting giveachance
slapped GBP @1.6786. lets see if 6760 holds this time or it breaks 6810
so you are short or long
Attached Image (click to enlarge)
Click to Enlarge Name: slapping-sally-bartimaeus-i-love-this-man-s-posters-demotivational-poster-1275361907.jpg Size: 64 KB
In trading, you have to be defensive and aggressive at the same time
  • #373,265
  • Apr 24, 2014 8:48am Apr 24, 2014 8:48am
Quoting whitescalper
sold GBPUSD @ 1.6780 sl 1.6800 Tp @ 1.6745
moving my stop 1.6807 max on this trade
  • #373,266
  • Apr 24, 2014 8:49am Apr 24, 2014 8:49am
I know this isn't the thread but, anyone watching EJ and UJ?
Ghost Rider - WWTBMD?
  • #373,267
  • Apr 24, 2014 8:50am Apr 24, 2014 8:50am
Quoting TauTrader
Good day, Seems I'm turning into a scalper.. Did a few more trades. wins still above 80% for the day. Losers lower than winners. 21 trades completed. Results below: {image}
Hi TT
Are you trading same trades on live account as well or just demo.
Thanks
In trading, you have to be defensive and aggressive at the same time
  • #373,268
  • Apr 24, 2014 8:53am Apr 24, 2014 8:53am
wohooo.. yens.. cleared my position on yen..

it seems like on majors people are dumping the usd...
  • #373,269
  • Apr 24, 2014 8:58am Apr 24, 2014 8:58am
Quoting A-speculator
wohooo.. yens.. cleared my position on yen.. it seems like on majors people are dumping the usd...
What else is new? lol The dollar just can't get no love. Bumped 80.00 again, rejected again.

Might be looking those yen now.
Ghost Rider - WWTBMD?
  • #373,270
  • Apr 24, 2014 8:59am Apr 24, 2014 8:59am
still swing on my position on major.. will like to add to fibre and cable but waiting till price calm down a bit..
  • #373,271
  • Apr 24, 2014 9:00am Apr 24, 2014 9:00am
GBP/USD one more time this week. Sold the pair @ 1,6788. SL @ 1,6828.
Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
  • #373,272
  • Apr 24, 2014 9:00am Apr 24, 2014 9:00am
Quoting Davit
{quote} Hi TT Are you trading same trades on live account as well or just demo. Thanks
Good day, Sir Davit

No.

Live account a lot smaller and a lot more conservative. As stated a while ago. Demo account is a conditioning process for me. Getting used to seeing the numbers either positive or negative with larger "funds" involved. This is in preparation to trade full time.

Some may say that a demo is useless. I agree - but also disagree.

Clicking an entry on either demo or live is quite similar in terms of plan and price. Yes - one has the extra issues on lot size limit and fill - but the trade idea remains the same. Period. So - for me personally, a demo account has value in that sense.

Regards
  • #373,273
  • Apr 24, 2014 9:03am Apr 24, 2014 9:03am
movement like this will close daily as a doji... lol.

what a day.. many trap has been placed for us in this market...
  • #373,274
  • Apr 24, 2014 9:04am Apr 24, 2014 9:04am
Good day,

entered short again on the daily. GU.

Build it from here.

regards
  • #373,275
  • Apr 24, 2014 9:13am Apr 24, 2014 9:13am
It remains a struggle north.

Period.

Some pips to be made south

regards
  • #373,276
  • Apr 24, 2014 9:14am Apr 24, 2014 9:14am
Quoting TauTrader
{quote} Good day, Sir Davit No. Live account a lot smaller and a lot more conservative. As stated a while ago. Demo account is a conditioning process for me. Getting used to seeing the numbers either positive or negative with larger "funds" involved. This is in preparation to trade full time. Some may say that a demo is useless. I agree - but also disagree. Clicking an entry on either demo or live is quite similar in terms of plan and price. Yes - one has the extra issues on lot size limit and fill - but the trade idea remains the same. Period....
Good Morning TT
If you find it in value then it has value.As a suggestion if you are conditioning yourself then trade same with small mico lots.When you have real money at risk your thinking changes so you could be brilliant on demo but not be able to apply same trades on live account.
This is where demo falls short but its good as you say conditioning as long as you know results may be dramatically different once psychology gets involve..
Regards
In trading, you have to be defensive and aggressive at the same time
  • #373,277
  • Apr 24, 2014 9:15am Apr 24, 2014 9:15am
Quoting Davit
{quote} Good Morning TT If you find it in value then it has value.As a suggestion if you are conditioning yourself then trade same with small mico lots.When you have real money at risk your thinking changes so you could be brilliant on demo but not be able to apply same trades on live account. This is where demo falls short but its good as you say conditioning as long as you know results may be dramatically different once psychology gets involve.. Regards
second on this... this is very very true..
  • #373,278
  • Apr 24, 2014 9:17am Apr 24, 2014 9:17am
So - i'll do it on demo. You do it on live..

Enter now.

Then add a short every 15 pips. But double the initial entry.

DO IT
  • #373,279
  • Apr 24, 2014 9:25am Apr 24, 2014 9:25am
divergence on the hourly favors a move north, caution with the shorts...
  • #373,280
  • Apr 24, 2014 9:25am Apr 24, 2014 9:25am
Quoting A-speculator
{quote} second on this... this is very very true..
trird tha t some years ago 3 months on demo went live 6 grand lose in 2 weeks stopped trading for 2 years to learn more ,, ,, whos on the train still or did you jump at 25 pips
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