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XTrade replied Sep 27, 2009THANK YOU! I am sorry to burden you with these questions. My latest post explains why. I am using the higher TF charts and as a result I have been more successful. As well as my hanging out here. I have chosen cable as my main pair to trade for ...
Cable Update (GBPUSD)
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XTrade replied Sep 27, 2009True, I get what you are saying. Let me rephrase. For someone who wants to build an account, lets say a mini starting with 2k just as a number. Trading 1 to 2 max 3 pairs. You can base your day trades on weekly, daily, H1, but using M5 & M15 for ...
Cable Update (GBPUSD)
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XTrade replied Sep 27, 2009Yes, agreed. I look at all the high tf charts before trading. However I prefer (as of yet) to close all or most of my positions when I am ready to stop trading. I base this around session open and closing. So, if one is making several trades per ...
Cable Update (GBPUSD)
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XTrade replied Sep 27, 2009Nor can I. This is a result of that NFA ruling correct? FIFO? That's GREAT that he is enjoying it! May I ask what charts you look at to set up the trades we are discussing? In J16 He suggests using a daily or weekly chart as a newbie. Any thought?
Cable Update (GBPUSD)
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XTrade replied Sep 27, 2009I am with you on that! She is indecisive as of yet. Are you going long on the way up? I am tempted. But it is against a rule I have set for myself. A bit more conformation then maybe an attempt. Hopefully slapping her with another short on exit. ...
Cable Update (GBPUSD)
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XTrade replied Sep 27, 2009Que, I did not take it that way, I know what you are saying.
I wanted to try to lock in as many pips as possible. then Short again on retrace. So far her last attempt on retrace has been beat down. I was thinking 5800 would be decent support ...Cable Update (GBPUSD)
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XTrade replied Sep 27, 2009Thanks Alpha, I agree! & appreciate it. On the last 2 pins - now 3 (looking m5 ) she retraced up. I am skeptical of longs. I try to trade in the direction of the trend. Trying to outsmart the trend has not resulted well for me.
Cable Update (GBPUSD)
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XTrade replied Sep 27, 2009I know it was silly of me. I exited too early. (I too am still learning) Here is why. First trade Entry @ .5955 Exit @ 5870 85 pips After seeing the open and range I set a goal to accomplish 100 pips tonight. Broke this on second trade. I exited ...
Cable Update (GBPUSD)
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XTrade replied Sep 27, 2009I Just got out. I think she is going further down. Second trade of the night. Entry was 1.5892 Exist was 1.5818
Cable Update (GBPUSD)
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XTrade replied Sep 27, 2009I agree with you guys. If I may add 2 cents, I found several really great points on here and babypips that have stuck with me, like the importance of demo trading FIRST. Money Management, Not to just take positions to be "in the market" etc. to name ...
Cable Update (GBPUSD)
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XTrade replied Sep 25, 2009Direct Trade, you are always helpful and I have learned a lot from hanging around here with guys like you Wormboy, nAV, Lion, etc, sure I am missing a lot more. This week alone in the last half my trading improved greatly! Hope you all had a ...
Cable Update (GBPUSD)
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XTrade replied Sep 25, 2009Wow that was nice! Shorted fibre again. with GU. Shorts are getting risky. edit: does anyone hedge with "cunnel" EUR/GBP?
Cable Update (GBPUSD)
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XTrade replied Sep 25, 2009Seems we may do it! Fibre not reacting yet. Unfortunately (rather fortunately) short closed 40+ pips. One day I will learn how to let them really Ride!
Cable Update (GBPUSD)
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XTrade replied Sep 25, 2009I won't trade dragon either. Do know nearly enough!! That's for guys like WB!!!
Cable Update (GBPUSD)
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XTrade replied Sep 25, 2009Morning all! 5919!!
Hope LDN treated you all well. Good stuff Tau trader!!Cable Update (GBPUSD)
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XTrade replied Sep 25, 2009Come check me in NY some time. Me too. Love FLA. Peace fellas Great trades today! Power with you in LDN. Great Trades everyone! Rest time.. Till NY.
Cable Update (GBPUSD)
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XTrade replied Sep 25, 2009Could one really trade stocks after the beast? FX?
Cable Update (GBPUSD)
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XTrade replied Sep 25, 2009No not at all! Hot chicks, Warm sun, Air conditioning. What's not to love!
Cable Update (GBPUSD)