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Cable Update (GBPUSD)

  • #426,161
  • Mar 16, 2016 1:03am Mar 16, 2016 1:03am
I decide to sell GU
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I'm new in forex. Bismillah. wish i can dive the wave
  • #426,162
  • Mar 16, 2016 1:32am Mar 16, 2016 1:32am
the daily view looks amazing
Attached Image (click to enlarge)
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1 simple mistake makes you become 1000x better.
  • #426,163
  • Mar 16, 2016 2:11am Mar 16, 2016 2:11am
Quoting SteeP7
{quote} You are a wild crazy man lol
i have a system short stop loss do every one and i make my pips - moved beyond the ethos of what is right i just seem to do and the profit trades always surpass the non profit and we all get non profit .. with the advent of these algos and programs in the market its made my way easier ..

20 pips a day x this pair and the euro is plenty for me thats an average of 800 pips monthly - target aim is 100 pips weekly which is always more than that ..

hope those pips are green in your world sure they are
  • #426,164
  • Mar 16, 2016 2:18am Mar 16, 2016 2:18am
Quoting oswell
the daily view looks amazing {image}
Yes it does,but sits on a strong support. I think short will be favoured if the news this morning is negative for the pounds then again there is the FOMC. Across board,though the pound is generally turning down. I'm currently short gbp/aud,waiting to go in cable short.
  • #426,165
  • Mar 16, 2016 3:10am Mar 16, 2016 3:10am
https://www.poundsterlinglive.com/us...cast-on-brexit
  • #426,166
  • Mar 16, 2016 3:13am Mar 16, 2016 3:13am
Bought 141, target 145
  • #426,167
  • Mar 16, 2016 3:14am Mar 16, 2016 3:14am
Quoting slk
Bought 141, target 145
likewsie
  • #426,168
  • Mar 16, 2016 3:17am Mar 16, 2016 3:17am
Quoting dean1star
{quote} likewsie

Nice, lets see how PA goes.
  • #426,169
  • Mar 16, 2016 3:28am Mar 16, 2016 3:28am
Quoting slk
Bought 141, target 145
  • #426,170
  • Mar 16, 2016 4:02am Mar 16, 2016 4:02am
Quoting Chibaya
{quote} I'm holding a short at least till the GBP news in 4hrs time. This piece of news has tended to come in below expectations for some time
Yep, was a good idea of yours it seems
Attached Image (click to enlarge)
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Come with me if you want to live....
  • #426,171
  • Mar 16, 2016 4:27am Mar 16, 2016 4:27am
Quoting slk
{quote} Nice, lets see how PA goes.
see if it re tests the low of today - budget day right - nothing new in it this year so dont think much is going to move on it maybe a cheer here and there the old british bravo bravo in the houses of u know where stuff lol ..
  • #426,172
  • Mar 16, 2016 4:28am Mar 16, 2016 4:28am
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Quoting Ill-b-back
{quote} Yep, was a good idea of yours it seems {image}
I have close my Short, and waiting for the news, hope it will be going up for recover my long position -.-
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I'm new in forex. Bismillah. wish i can dive the wave
  • #426,173
  • Mar 16, 2016 4:34am Mar 16, 2016 4:34am
green UK Data, price didn't go up so much though. Holding short for now
Letting losses run is the most serious mistake made by most investors.
  • #426,174
  • Mar 16, 2016 4:35am Mar 16, 2016 4:35am
news might be good but lets not forget how they like to set the range and sell back what they buy - 2 years ago this would of been a 100 pip move so be carefull
  • #426,175
  • Mar 16, 2016 4:41am Mar 16, 2016 4:41am
Quoting amonshi
green UK Data, price didn't go up so much though. Holding short for now
if it does not jump now then its more than likely a buy for fomc later and it will go lower and wait for ny to open - thats a scenario of course
  • #426,176
  • Mar 16, 2016 4:48am Mar 16, 2016 4:48am
+ve GBP data.
Long : 1.4135, TP : 1.4235
But GBP going down at the moment.....
  • #426,177
  • Mar 16, 2016 4:49am Mar 16, 2016 4:49am
Quoting dean1star
{quote} if it does not jump now then its more than likely a buy for fomc later and it will go lower and wait for ny to open - thats a scenario of course
how if I'll OPen short position when candle H1 close at 1.40800?? is it good choice , sensei ?
I'll try it
I'm new in forex. Bismillah. wish i can dive the wave
  • #426,178
  • Mar 16, 2016 4:51am Mar 16, 2016 4:51am
Quoting rhari139
+ve GBP data. Long : 1.4135, TP : 1.4235 But GBP going down at the moment.....
whish our luck.
I'll hold my decision for waiting the GU going up and recover my long position ...
I'm new in forex. Bismillah. wish i can dive the wave
  • #426,179
  • Mar 16, 2016 5:08am Mar 16, 2016 5:08am
Quoting danirachman
{quote} whish our luck. I'll hold my decision for waiting the GU going up and recover my long position ...
That's one of the most common reasons why traders lose... Keeping positions open to RECOVER trades in drawdown...
Losers Hope, Winners Believe
  • #426,180
  • Mar 16, 2016 5:31am Mar 16, 2016 5:31am
Quoting Shiv999
{quote} That's one of the most common reasons why traders lose... Keeping positions open to RECOVER trades in drawdown...
I identify that as wishfull thinking. Hope and luck have little to do with trading.
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