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Cable Update (GBPUSD)

  • #374,021
  • Apr 29, 2014 10:38am Apr 29, 2014 10:38am
Quoting HDA
{quote} @elbert3: You're being unkind That's a huge draw down. No one would hold a trade like that for so long, NO ONE. HDA OUT
lol all tongue in cheek,, lol it brings flavour and humour to our little thread as we wait to win and lose..lol regards E
  • #374,022
  • Apr 29, 2014 10:39am Apr 29, 2014 10:39am
Quoting albchr
Could you all please hold your thoughts for a minute or two? I have a new batch of popcorn cooking and don't want to miss the second half of the show.
  • #374,023
  • Apr 29, 2014 10:41am Apr 29, 2014 10:41am
Quoting elbert3
{quote} lol all tongue in cheek,, lol it brings flavour and humour to our little thread as we wait to win and lose..lol regards E
he will only post when we go back
just kidding
  • #374,024
  • Apr 29, 2014 10:41am Apr 29, 2014 10:41am
Quoting albchr
Could you all please hold your thoughts for a minute or two? I have a new batch of popcorn cooking and don't want to miss the second half of the show.
yes the curtain is about to go up, all the longs are going to be like tommy cooper??? and we will all be laughing as we think it is a part of the show as they die their death trying to get to 1700,,, i will get crucified now ??? lol
  • #374,025
  • Apr 29, 2014 10:41am Apr 29, 2014 10:41am
Quoting jonnypants
{quote} Not so sure, it doesn't encourage folk to save .......anyway the Fed only thinks the value of stock markets are important, nothing else seems to matter...
It doesnt.. But from a purely selfish perspective most of my wealth is in dollars and most of my debt is in sterling so zero interest rates here and some hikes in the US would be lovely for me lol Although I accept that a rate hike in the UK is likely to come sooner than the US.


Also I should add that I think the fact UK will raise before US is well well priced into sterling already and any deviation from this view is likely to be bearish cable
  • #374,026
  • Apr 29, 2014 10:42am Apr 29, 2014 10:42am
Quoting nAVIN2007
{quote}
I even put my browser on auto refresh for this bro
Ghost Rider - WWTBMD?
  • #374,027
  • Apr 29, 2014 10:43am Apr 29, 2014 10:43am
eur broke lower ?? pips away me hearties ooww arrre
  • #374,028
  • Apr 29, 2014 10:44am Apr 29, 2014 10:44am
Quoting ffleo
{quote} I am doing good. Benefited a lot from your motto "patience", holding positions longer than I used to. My thought about nAVIN is that if he can hold 1000 pips drawdown, he still have a lot margin to hold more. At least wait for a big retrace to close part of the loss, and load it back later if it goes up again. If it continues dropping, hold the rest.
@ffleo:

I happy to hear your trading is going well. I remember you quite well from the EUR/USD thread. Once you find the direction of the trend, trade it and hold and don't forget the positive swaps while holding. You are making profit and also positive interest, depending on wether you are buying or selling etc etc etc.

Your suggestion a valid option, there has been many retraces. If margin allows, he could always wait. My question is however, what is the bad habit that is being reinforced here?

HDA OUT
  • #374,029
  • Apr 29, 2014 10:46am Apr 29, 2014 10:46am
Quoting elbert3
{quote} lol HDA yes that was a good day i enjoyed that i will see what i can do as i know you read all the posts ,, talking of wives i need to go get mine from the station, gl thanks, i like your colour,, we should all have colour in our lives , wheres my mate dell boy i miss his jokes even thou they are rubbish ,, Regards HDA,,, Elbert out lol
@elbert3:

Drive safely, we need you here on friday

HDA OUT
  • #374,030
  • Apr 29, 2014 10:46am Apr 29, 2014 10:46am
Quoting HDA
{quote} @ffleo: I happy to hear your trading is going well. I remember you quite well from the EUR/USD thread. Once you find the direction of the trend, trade it and hold and don't forget the positive swaps while holding. You are making profit and also positive interest, depending on wether you are buying or selling etc etc etc. Your suggestion a valid option, there has been many retraces. If margin allows, he could always wait. My question is however, what is the bad habit that is being reinforced here? HDA OUT
yo bro..put this in yur notebook/notepad 1.58 at least in 6 months
  • #374,031
  • Apr 29, 2014 10:48am Apr 29, 2014 10:48am
Quoting nAVIN2007
{quote} yo bro..put this in yur notebook/notepad 1.58 at least in 6 months
I will take a months holiday if it does bro
  • #374,032
  • Apr 29, 2014 10:50am Apr 29, 2014 10:50am
Quoting nAVIN2007
{quote} yo bro..put this in yur notebook/notepad 1.58 at least in 6 months
did you add some positions at higher price to bring the average cost up?
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #374,033
  • Apr 29, 2014 10:50am Apr 29, 2014 10:50am
Quoting HDA
{quote} @elbert3: Drive safely, we need you here on friday HDA OUT
she might have to get a cab, things getting hot now nearly time to take my 50 pips and scalp eurusd back to the 20 ema with the usual big lot,,over sold on the 1 hour depends where it stops the further the better to be safe coming back long ,, lets see gl regards E
  • #374,034
  • Apr 29, 2014 10:50am Apr 29, 2014 10:50am
Quoting elbert3
eur broke lower ?? pips away me hearties ooww arrre
Did you mean pips ahoy? I love those with milk.
Ghost Rider - WWTBMD?
  • #374,035
  • Apr 29, 2014 10:51am Apr 29, 2014 10:51am
If anything is showing topping behaviour

EU Daily
Attached Image (click to enlarge)
Click to Enlarge Name: EU Daily.png Size: 20 KB
  • #374,036
  • Apr 29, 2014 10:52am Apr 29, 2014 10:52am
Quoting elbert3
{quote} she might have to get a cab, things getting hot now nearly time to take my 50 pips and scalp eurusd back to the 20 ema with the usual big lot,,over sold on the 1 hour depends where it stops the further the better to be safe coming back long ,, lets see gl regards E
Attached Image (click to enlarge)
Click to Enlarge Name: eur.png Size: 130 KB
if it hits that target buy it big
  • #374,037
  • Apr 29, 2014 10:52am Apr 29, 2014 10:52am
Quoting PipLand
{quote} I will take a months holiday if it does bro
it is on for sure bro if what im seeing is indeed there haha
10 months = 1.52

im almost positive cable in in a monthly diamond formation and the right hand side is now being developed
  • #374,038
  • Apr 29, 2014 10:52am Apr 29, 2014 10:52am
Quoting ffleo
{quote} did you add some positions at higher price to bring the average cost up?

yes but im not adding more
incase i am wrong
  • #374,039
  • Apr 29, 2014 10:53am Apr 29, 2014 10:53am
Quoting nAVIN2007
{quote} words can be cheap..infact if u are indeed trading for an institution and u cant see this is a major resistance level thats quite a concern.. also with regard to Stop loss it meets my reward so there is nothing wrong, one must simply not be attached to his trade..life goes on, I can quite easily hold for an indefinite length of time because i dont actually feel anything. I AM NOT WORN OUT or feel like i have been in the trade for any length of time. This i think is the difference i can also quite easily hold a trade for 1k pips as well..it...
@nAVIN2007:

I mean you no harm. I have blown up accounts and learnt my lessons too and had to start all over again. And I learnt. We all will learn. You also are learning and will continue to learn. I have only the best intentions toward you. While you are holding your short, you could have been busy trading other pairs making more money and enjoying the fruits of your labour.

You choose to hold, then hold my friend.

Let us know how it works out

A friend is someone who tells you the truth, wether you want to hear it or not.



HDA OUT
  • #374,040
  • Apr 29, 2014 10:55am Apr 29, 2014 10:55am
Quoting albchr
{quote} Did you mean pips ahoy? I love those with milk.
no i was trying to say or write it as a pirate my god it gets worse you would not think i was 55 lol
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