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Cable Update (GBPUSD)

  • #412,021
  • Mar 20, 2015 8:00am Mar 20, 2015 8:00am
Quoting elbert3
{quote} try 1 more buy and stay in until 10/20 emas cross on the 5 min as we are over the 200 on the 5 min , or see what 4907 looks like a target 10 ema on the day, break that then fast up to 5000/20 please,,Mr S, look left ..regards as ever ,, happy Friday {image}
Happy Friday B, well done. Looking right today. Been on the GC and GJ, think GU maybe next week. Think I had some GU yesterday, thought I posted around somewhere Sorry, think I might killed some good brain cells along with the bad ones.

Regards
The world you desire can be won. It exists.. it is real.. it is possible..
  • #412,022
  • Mar 20, 2015 8:02am Mar 20, 2015 8:02am
pull back soon
Attached Image (click to enlarge)
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  • #412,023
  • Mar 20, 2015 8:05am Mar 20, 2015 8:05am
Quoting _BBKing_
meanwhile in Australia... {image} i have no my platform here, but i remember this area 1.92 is notable also in quarterly and 6months charts! worth the time to check it


http://www.forexfactory.com/showthre...22#post8152222

Well done Billy

Enjoy folks
Ghost Rider - WWTBMD?
  • #412,024
  • Mar 20, 2015 8:11am Mar 20, 2015 8:11am
Quoting albchr
{quote} http://www.forexfactory.com/showthre...22#post8152222 Well done Billy Enjoy folks
thanks Chris hope you were on it,,gl ,, B
  • #412,025
  • Mar 20, 2015 8:13am Mar 20, 2015 8:13am
Quoting albchr
{quote} http://www.forexfactory.com/showthre...22#post8152222 Well done Billy Enjoy folks

tks

hey... what a volatility !! what's moving mkt looks like when i open a trade price bounces in my favour straight 100-150 pips. damn. have to check the leverage with my broker (joking of course)
90% of traders use TA, indicators and prediction
  • #412,026
  • Mar 20, 2015 8:16am Mar 20, 2015 8:16am
Plan gone to hell again today. Will wait for some more pumping on Monday to add shorts from 1.49 to 1.4940.
  • #412,027
  • Mar 20, 2015 8:16am Mar 20, 2015 8:16am
Quoting elbert3
{quote} should have the bottle to of loaded it ,, ..i knew it would bo up in my mind but as we know its not that easy ,,gl lets milk it i take off the profit and re enter lower ,,
come on it bounced out 850 ,, holding now 4907 come on,, 4865 TOOK THE PROFIT 200 EMA ON THE HOUR , TRADE STILL ON WATCH 4850 AGAIN
  • #412,028
  • Mar 20, 2015 8:17am Mar 20, 2015 8:17am
wait wait wait pull bac soon in readiness
Attached Image (click to enlarge)
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  • #412,029
  • Mar 20, 2015 8:21am Mar 20, 2015 8:21am
Quoting elbert3
{quote} come on it bounced out 850 ,, holding now 4907 come on,,


Attached Image
90% of traders use TA, indicators and prediction
  • #412,030
  • Mar 20, 2015 8:26am Mar 20, 2015 8:26am
Quoting _BBKing_
{quote} {image}
REGARDS ,,
Attached Image (click to enlarge)
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10 EMA WHITE , THEN 20 IN RED IF IT PASSERS
  • #412,031
  • Mar 20, 2015 8:30am Mar 20, 2015 8:30am
I'm in hell. I threw my chips in bad risk handling. The appetite of wanting to get rich blinded me. If it returns 50% it is, me writing retreat and I will study more
  • #412,032
  • Mar 20, 2015 8:57am Mar 20, 2015 8:57am
Quoting hetfield
I'm in hell. I threw my chips in bad risk handling. The appetite of wanting to get rich blinded me. If it returns 50% it is, me writing retreat and I will study more
losing is part of trading.
nevermind!

maybe you should care about money management?

there is a golden rule i've been taught: there is not a "one trade for a life!" which simply means... "keep trading a small size, enough small that a loss won't kill you (let's say on a 1000$ account a safe stop loss is about 30$ for 100pips). then, once you get some months of profitable trading you can slightly increase to 50$. then to 70$... and so on.
90% of traders use TA, indicators and prediction
  • #412,033
  • Mar 20, 2015 8:57am Mar 20, 2015 8:57am
Bad week.....got burned twice by having my s/l too close as a result of 1% risk rule on my trade size.

It really kicks you in the confidence !

Back to the drawing board !

Painful lesson :-(
  • #412,034
  • Mar 20, 2015 8:58am Mar 20, 2015 8:58am
see ya Next week.

SL BE, TP OPen.

Attached Image (click to enlarge)
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GGH!
  • #412,035
  • Mar 20, 2015 8:58am Mar 20, 2015 8:58am
Quoting _BBKing_
{quote} losing is part of trading. nevermind! maybe you should care about money management? there is a golden rule i've been taught: there is not a "one trade for a life!" which simply means... "keep trading a small size, enough small that a loss won't kill you (let's say on a 1000$ account a safe stop loss is about 30$ for 100pips). then, once you get some months of profitable trading you can slightly increase to 50$. then to 70$... and so on.
Wise words......and from Monday part of my rules !!
  • #412,036
  • Mar 20, 2015 9:02am Mar 20, 2015 9:02am
As a new trader I'm very grateful for all the constructive comments that get made by the more experienced posters on here. I don't yet think I've seen any disparaging or unpleasant contributions.

Genuine thanks to you all.
  • #412,037
  • Mar 20, 2015 9:04am Mar 20, 2015 9:04am
Quoting MarkyB
{quote} Wise words......and from Monday part of my rules !!

it's good for myself

-->
Attached File(s)
File Type: xls Money Management.xls   28 KB | 1,097 downloads


but im not use SL.
  • #412,038
  • Mar 20, 2015 9:06am Mar 20, 2015 9:06am
Quoting elbert3
{quote} come on it bounced out 850 ,, holding now 4907 come on,, 4865 took the profit 200 ema on the hour , trade still on watch 4850 again
on the nose watch here for a sell off
  • #412,039
  • Mar 20, 2015 9:09am Mar 20, 2015 9:09am
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  • #412,040
  • Mar 20, 2015 9:14am Mar 20, 2015 9:14am
so pull back go to 4 or b news impuls 1 h
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