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Cable Update (GBPUSD)

  • #411,821
  • Mar 19, 2015 3:28am Mar 19, 2015 3:28am
morning chf rates 2 mins ,, will they drop it ??
  • #411,822
  • Mar 19, 2015 3:29am Mar 19, 2015 3:29am
Reverse the path or the amount of pips that rose will drop everything today?
  • #411,823
  • Mar 19, 2015 3:30am Mar 19, 2015 3:30am
I am sad I didn't reopen shorts at 1.49. Today might finish the first leg at 1.4610 if it keeps like that. Not sure where it wants to go but seems bear trend resuming.
  • #411,824
  • Mar 19, 2015 3:35am Mar 19, 2015 3:35am
Quoting elbert3
morning chf rates 2 mins ,, will they drop it ??
About to lose heart with this ludicrous speed in changing price gbp / chf. I've been out of the game 13 pips
  • #411,825
  • Mar 19, 2015 3:37am Mar 19, 2015 3:37am
Quoting sakisf
I am sad I didn't reopen shorts at 1.49. Today might finish the first leg at 1.4610 if it keeps like that. Not sure where it wants to go but seems bear trend resuming.
me too, stopped to 4880 no buying yet not entering now see what 4800 if will bring, massive profit taking yesterday , should of known better , still got profit just 1/3 less
  • #411,826
  • Mar 19, 2015 3:39am Mar 19, 2015 3:39am
Scalping with shorts. Before Unempl and Phil data will get out again.
  • #411,827
  • Mar 19, 2015 3:41am Mar 19, 2015 3:41am
Quoting sakisf
I am sad I didn't reopen shorts at 1.49. Today might finish the first leg at 1.4610 if it keeps like that. Not sure where it wants to go but seems bear trend resuming.
I'm also brother both for not opening sales in 1:49, and by not being awake 1 hour after those news FOMC would be a purchase that would reset my losses was very tired, full head with everyday problems and decided to take a sleep. Just know that have to be very cold blood and patience to not open orders in the nerves of the heat
  • #411,828
  • Mar 19, 2015 3:42am Mar 19, 2015 3:42am
Quoting hetfield
{quote} About to lose heart with this ludicrous speed in changing price gbp / chf. I've been out of the game 13 pips
looks like a sell off , but i dont trade it so dont go there
  • #411,829
  • Mar 19, 2015 3:46am Mar 19, 2015 3:46am
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 65 KB
ok entry here back into that tl fail the short that low to 4700 , need to fill that spike ,
  • #411,830
  • Mar 19, 2015 3:47am Mar 19, 2015 3:47am
Quoting elbert3
{quote} looks like a sell off , but i dont trade it so dont go there
What would a "sell off" ?I joined scalping within 10 pips of profit and get out, it was a momentary madness, perhaps with sadness that I spent yesterday and told the sakisf up
  • #411,831
  • Mar 19, 2015 3:56am Mar 19, 2015 3:56am
Quoting elbert3
{image} ok entry here back into that tl fail the short that low to 4700 , need to fill that spike ,
Sell @1.4834 We'll see where this insurance
  • #411,832
  • Mar 19, 2015 4:13am Mar 19, 2015 4:13am
Stopped -20 pips
  • #411,833
  • Mar 19, 2015 4:13am Mar 19, 2015 4:13am
Quoting hetfield
{quote} Sell @1.4834 We'll see where this insurance
This is where fx trading gets psychological , fear has been instilled by that big move,was it profit taking on a big scale or is it a trend changing mood, ??so now we are fearful as to where its going, i wanted to build longs but i had a sl, below 4900 ??? fear, but fear also keeps us safe , i think 4855/ 4880 and 4920 will be the resistance higher up and break that then test 5500 ,
  • #411,834
  • Mar 19, 2015 4:22am Mar 19, 2015 4:22am
Quoting elbert3
{quote} This is where fx trading gets psychological , fear has been instilled by that big move,was it profit taking on a big scale or is it a trend changing mood, ??so now we are fearful as to where its going, i wanted to build longs but i had a sl, below 4900 ??? fear, but fear also keeps us safe , i think 4855/ 4880 and 4920 will be the resistance higher up and break that then test 5500 ,
I always have problems with SL. Before never use it. Now when i have bad order close it. But yesterday i close sell order after last bull move. Problem is if i wait today, that order now I would have won 120 pips. Yesterday lose 110 with that order for close it after movement...The head is a problem sometimes
Try don't lose pants never...
  • #411,835
  • Mar 19, 2015 4:24am Mar 19, 2015 4:24am
Attached Image (click to enlarge)
Click to Enlarge Name: 5.png Size: 59 KB
continuation from yesterdays chart , i went long off that 4 hour doji candle , can it continue to 61% , we can see the 4500 and 4300 at the bottom, so mid point and decision time i think .. watch 5 mins for any selling off resistance , thats me,, any body else please ,, regards E 4880 coming up
  • #411,836
  • Mar 19, 2015 4:25am Mar 19, 2015 4:25am
Quoting braintheboss
{quote} I always have problems with SL. Before never use it. Now when i have bad order close it. But yesterday i close sell order after last bull move. Problem is if i wait today, that order nowI would have won 120 pips. Yesterday lose 110 with that order for close it after movement...The head is a problem sometimes
in this game better to win little more often then lose lots in one go,, gl today,, E
  • #411,837
  • Mar 19, 2015 4:27am Mar 19, 2015 4:27am
Quoting elbert3
{quote} This is where fx trading gets psychological , fear has been instilled by that big move,was it profit taking on a big scale or is it a trend changing mood, ??so now we are fearful as to where its going, i wanted to build longs but i had a sl, below 4900 ??? fear, but fear also keeps us safe , i think 4855/ 4880 and 4920 will be the resistance higher up and break that then test 5500 ,
Is a very great fear regarding which direction to take, I launched another sale with the intention of scalping and well stop short of 7 pips and was thrown out again. Was the reversal peaks, but are not being respected. At the moment I only watch the movement, and think about which direction to take at the time of Unemployment Claims
  • #411,838
  • Mar 19, 2015 4:33am Mar 19, 2015 4:33am
Quoting elbert3
{quote} in this game better to win little more often then lose lots in one go,, gl today,, E
Yessiree,

Come with me if you want to live....
  • #411,839
  • Mar 19, 2015 4:33am Mar 19, 2015 4:33am
Quoting hetfield
{quote} Is a very great fear regarding which direction to take, I launched another sale with the intention of scalping and well stop short of 7 pips and was thrown out again. Was the reversal peaks, but are not being respected. At the moment I only watch the movement, and think about which direction to take at the time of Unemployment Claims
we all have our ways no one is 100 % now i tp wait to see a bounce back into resistance as some short with sl above the line ,fail below line ,or bounce off white 10 ema up, gl,,
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 64 KB
  • #411,840
  • Mar 19, 2015 4:34am Mar 19, 2015 4:34am
Quoting braintheboss
{quote} I always have problems with SL. Before never use it. Now when i have bad order close it. But yesterday i close sell order after last bull move. Problem is if i wait today, that order now I would have won 120 pips. Yesterday lose 110 with that order for close it after movement...The head is a problem sometimes
I also have problems with stop losses. I'll increase it to as the market goes against me, I am slowly stopping this the heavy losses, my historical account lets not lie. I am considering win more often little and get out soon if the market goes against my order
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