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Cable Update (GBPUSD)

  • #376,961
  • May 9, 2014 5:32am May 9, 2014 5:32am
Quoting albchr
{quote} That tells me pretty much nothing bro. Forget account size, (I can certainly understand that) how about an SL "Number" in pips?

Exactly, no matter what time frame you trade it all comes down to R:R. The only difference is that higher timeframes may give stronger, higher quality indications but they will be few and far between. Shorter timeframes will give more indications but the quality is not so strong. Now, if you have a trading account of $1,000,000 one trade a month at a good R:R is enough. But if your account is $10,000 you'll probably need more than one signal a month (or week). Shorter timeframes also make you more susceptible to impulse trading which is to be avoided. Striking the balance between your ideal timeframe, your account balance, and your temperament is the real holy grail.
  • #376,962
  • May 9, 2014 5:36am May 9, 2014 5:36am
really I don't want to go there ,your figure yourself your always chase your tail ,also ,whist you possibly make a living the chance of making huge amount of money passes by ,

Quoting albchr
{quote} Another very vauge statement. Please explain "in detail" why it is "all wrong".
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #376,963
  • May 9, 2014 5:39am May 9, 2014 5:39am
Quoting elbert3
6915 is now resistance it has broken the 900 i look to short 9609 sl manage
TP AND LONG 6893
  • #376,964
  • May 9, 2014 5:41am May 9, 2014 5:41am
my exposure is over £30 pp ,yet I don't think I can lose a penny if I'm wrong

Quoting Bones
very tight ,high margin {quote}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #376,965
  • May 9, 2014 5:44am May 9, 2014 5:44am
Quoting Bones
really I don't want to go there ,your figure yourself your always chase your tail ,also ,whist you possibly make a living the chance of making huge amount of money passes by , {quote}
The perhaps you should refrain from simply telling folks they are wrong in how they trade. I'm not ashamed to admit my place in life. I'm disabled, I have NO income and I'll likely be homeless in a couple months. I have $193.57 in a standard account. Your "acceptable" stop loss would probably wipe it out if hit. But we'll never know because you won't say.

So thanks for the vague criticism, it's duly noted. But I can't help wonder how YOU'D proceed in my shoes.

Wish you the best always Tony.

As HDA would say.... Chris Out
Ghost Rider - WWTBMD?
  • #376,966
  • May 9, 2014 5:45am May 9, 2014 5:45am
but if I'm right 30 x 1000
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #376,967
  • May 9, 2014 5:46am May 9, 2014 5:46am
I hope this is my ace

Quoting Bones
guys do you see any sellers of usdx today a gift has occurred ,understand pretty ,reasonable size in great location {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #376,968
  • May 9, 2014 5:46am May 9, 2014 5:46am
Quoting elbert3
{quote} TP AND LONG 6893
You have position??
My limit sell at 6950 not hit

But i short manually
Attached Image
  • #376,969
  • May 9, 2014 5:48am May 9, 2014 5:48am
Quoting bones
i hope this is my ace {quote}
sorry bones where are you going regards
  • #376,970
  • May 9, 2014 5:58am May 9, 2014 5:58am
Quoting Bones
my exposure is over £30 pp ,yet I don't think I can lose a penny if I'm wrong {quote}

You have not said anything specific. I don't mean this rudely but is English your first language? It's just many sentences don't make much sense .


I win if I don't lose, you see much money my way, that's whyyou no make money, sell now can't see you trend etc etc etc
  • #376,971
  • May 9, 2014 5:58am May 9, 2014 5:58am
I'm going to Hawaii ,haha

Quoting elbert3
{quote} sorry bones where are you going regards
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #376,972
  • May 9, 2014 6:00am May 9, 2014 6:00am
also im gonna add ,I've done this before ,if we move good

Quoting Bones
but if I'm right 30 x 1000
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #376,973
  • May 9, 2014 6:05am May 9, 2014 6:05am
well I expect this reaction anyway you'd be supprised the effect of compound on your account ,if you can pick up


Quoting albchr
{quote} The perhaps you should refrain from simply telling folks they are wrong in how they trade. I'm not ashamed to admit my place in life. I'm disabled, I have NO income and I'll likely be homeless in a couple months. I have $193.57 in a standard account. Your "acceptable" stop loss would probably wipe it out if hit. But we'll never know because you won't say. So thanks for the vague criticism, it's duly noted. But I can't help wonder how YOU'D proceed in my shoes. Wish you the best always Tony. As HDA would say.... Chris Out
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #376,974
  • May 9, 2014 6:07am May 9, 2014 6:07am
Hit my TP at 1.691 for a $900 gain, but hot damn if I had only lowered it even more I could have been in excess of $1500 profits right now.

But then again Greed kills when you get too trend happy
  • #376,975
  • May 9, 2014 6:10am May 9, 2014 6:10am
Quoting elbert3
{quote} tp and long 6893
missed the entry short new entry 68500 long
  • #376,976
  • May 9, 2014 6:15am May 9, 2014 6:15am
Quoting elbert3
{quote} missed the entry short new entry 68500 long
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exceed expectations look to buy at the levels marked price needs to get back to the emas and now far away, so long entry asap
  • #376,977
  • May 9, 2014 6:15am May 9, 2014 6:15am
Quoting whitescalper
{quote} adding here one more 1.6957 short 1.6874 & 1.6957
closed both positions at 1.6874 + 84 Pips
  • #376,978
  • May 9, 2014 6:16am May 9, 2014 6:16am
de-leveraging time!!
  • #376,979
  • May 9, 2014 6:18am May 9, 2014 6:18am
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  • #376,980
  • May 9, 2014 6:18am May 9, 2014 6:18am
I dont think it will hit 6850 now.. maybe on US news will hit that..
1st will bounce up..

Here my view
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