i just went long on the cable... think we have seen a bottom for awhile... support 4803 on Jan 7th on the H4. if it blows thru that... another long around 4750

Cable Update (GBPUSD)

i learned it from you; thanx ! note: i used to see your post and think "why would you long/short here - is he crazy?" now i realized i was the crazy one... buy on the dips and sell on the rallies (have to used your brain when entering... wait till ...

Cable Update (GBPUSD)

i was too chicken to short at the high seeing i was already short around 5300... though it could go up some more... too many bulls today! but i am positive and looks like i will have a good day and you will have a better one.... great job pulling ...

Cable Update (GBPUSD)

yes dont do this if you are scalping! have to look at the D1, H4, H1 - try to get the highs and lows for the day and week

Cable Update (GBPUSD)

if it break 5721 on 12.17.2008 and goes above 5800; then i might think the trend has changed (and even then i would be looking for a retracement... and buy on a dip)... until then, i am selling on rallies. reasons i am looking to short: 1) cable ...

Cable Update (GBPUSD)

good for you.... i am waiting till the close of the 10am est H4 for my next entry... want to give the cable time to get tired

Cable Update (GBPUSD)

i short one lot at 5296 after a little retracement; i entry wasnt correct; but i think the direction is. if the H1 closes strong bullish - the next candle has a good chance of being bearish - good place to short. dont used all your trading money on ...

Cable Update (GBPUSD)

please evaluate a trading plan — please evaluate this trading plan (also please when replying state if you are a "professional" trader (i.e. someone who trades a standard account and makes profit over the year(s) ) ----- what: ----- when you ...

Cable Update (GBPUSD)

been there done that... sometime it works sometime it doesnt... i had to take my profit... hope it works out for you too :-)

Cable Update (GBPUSD)

example of when you would want to hedge... if you were short the cable from 6000 and you thought it was going down to 3600... at 4500 when you saw the retrace - go long and pick up 800 pips and then short again today. another example... i went short ...

Cable Update (GBPUSD)

i cashed in on all my short except one + 10% today :-) i think it may spike tonight and early morning... i hope it will so i can get back in again... would like to see 5200 if not 5300 (probably wont happen) its your call; cash in now, or wait to ...

Cable Update (GBPUSD)

do they allow you to hedge? can you close part of your trade and keep the rest on?

Cable Update (GBPUSD)

i dont know about your broker; however mine (IBFX) steal from me also... the only way to beat them is to use large stop, targets and limit and stop entries.... otherwise: 1) when entering a trade they let it slip 2) when getting stopped out; they ...

Cable Update (GBPUSD)

yes i just have practice account with a few buck in it... when i start making 100-300 pips every week; then i will add more money and trade mini lots.... and then standard lots... i look for mini trend and try to sell high and buy low... sometime i ...

Cable Update (GBPUSD)

put a stop loss now and go in short! if it move halfway down you break even! very little risk now: maybe even short twice as many lot as you are @ 4500... then you only have to go less to break even :-) make sure you used stops! maybe stop at 5300 ...

Cable Update (GBPUSD)

i have 4.5K short i am trading micros you think i should quit my day job and go full time trader

Cable Update (GBPUSD)

dont have one....will use trailing stop ( 1) the cable is overbought 2) interest cuts tomorrow 3) everyone is buying 4) cable has hit resistance it may only go down 200 pips or it could go back to 4500??? it will go back up... dont know when... ...

Cable Update (GBPUSD)

short!

Cable Update (GBPUSD)

time to short :-)

Cable Update (GBPUSD)

yep... 5200 please :-) i really want to short heavy!

Cable Update (GBPUSD)