[quote author=Stalion link=topic=24.msg147943#msg147943 date=1222040241]
Sell stop on GBPUSD @ 1.8321...1st target @ 1.8275,2nd target @ 1.8245, 3rd target @ 1.8207
[/quote]

Chris Taylor (9/22/2008 10:25:28 AM): I got stopped out on te cable trade during the nite.

Stallion (9/22/2008 10:29:35 AM): how come you got stopped out,cap?

Stallion (9/22/2008 10:30:36 AM): didnt u get to 1st target b4 putting sl to entry?

Chris Taylor (9/22/2008 10:32:08 AM): I set the trade up at 12:35pm GMT and got stopped out at 04:35am. It never

got lower than 1.8262, that was after I got stopped out.

Stallion (9/22/2008 10:32:30 AM): Sell stop on GBPUSD @ 1.8321...1st target @ 1.8275,2nd target @ 1.8245, 3rd

target @ 1.8207

Stallion (9/22/2008 10:33:06 AM): it got lower dan 1.8275 to 1st target....how come you got stopped out?



Stallion (9/22/2008 10:33:28 AM): dat was around 2a.m this morning

Chris Taylor (9/22/2008 10:34:45 AM): the time I entered the trade it went up. Got stopped out, then it went back

down. I was in bed asleep so couldn't re-enter.

Stallion (9/22/2008 10:35:28 AM): awwwww!!

Stallion (9/22/2008 10:35:39 AM): u took the signals late

Chris Taylor (9/22/2008 10:37:07 AM): i didn't check my emails till half 12. I see where it hit past 1st target, but I was

asleep then so wasn't able to take any pips.

Stallion (9/22/2008 10:37:57 AM): no probs...we are looking at a long gu trade right now...

Chris Taylor (9/22/2008 10:38:24 AM): OK. Any ideas on entries yet?

Stallion (9/22/2008 10:39:44 AM): yea....entries asre the most delicate part in trading...u might be right in going bullish or

bearish...but if ur entry is too late or too early, d stops are out..

Stallion (9/22/2008 10:54:09 AM): Buy Stop on the gbpusd @1.8480, 1st target @ 1.8530, 2nd target @ 1.8565, 40

pip sl..

Chris Taylor (9/22/2008 10:55:11 AM): brb need to re-boot pc.

Chris Taylor (9/22/2008 11:15:31 AM): I've still got 2 pending sell stops on cable Stal. Should I be deleting them?

Stallion (9/22/2008 11:16:08 AM): yea....delete d pending sell stop for now....

Stallion (9/22/2008 11:16:21 AM): we r going for the buy stop

Chris Taylor (9/22/2008 11:16:35 AM): ok

Chris Taylor (9/22/2008 11:23:34 AM): do you use the MACD indicator on your charts?

Stallion (9/22/2008 11:25:12 AM): I rarely do, cap....I prefer taking signals straight from the charts...

Chris Taylor (9/22/2008 11:26:09 AM): ok

Chris Taylor (9/22/2008 5:05:41 PM): I've staerted adding the spread and on the longs, and rounding to the nearest

whole number. My entry was then 1.8485. then I put my 40 pip stop from there.

Chris Taylor (9/22/2008 5:06:20 PM): I also made another 110pips on a 123 patttern I saw on the EURJPY this

morning.

Stallion (9/22/2008 5:06:33 PM):

Stallion (9/22/2008 5:06:38 PM): way to go, man

Chris Taylor (9/22/2008 5:07:20 PM): Dont expect that every time. Just been fortunate I guess with the last 2 I found.

I'm not complaining though

Stallion (9/22/2008 5:12:42 PM): yea..

Chris Taylor (9/22/2008 5:47:41 PM): you there dude?

Chris Taylor (9/22/2008 6:18:14 PM): we're almost at 2nd target for the long cable Stal

Stallion (9/22/2008 6:20:53 PM): yea...



Stallion (9/22/2008 6:21:23 PM): remember ur trailing stops,man

Chris Taylor (9/22/2008 6:21:31 PM): I moved my stop to +20 from entry and added a 20 point trailing stop.

Stallion (9/22/2008 6:21:55 PM): yea...forget about targets for now....jus ride with it..

Chris Taylor (9/22/2008 6:22:29 PM): I have a target price of 1.8600, but I'l have to keep adjusting that as it goes on.

Chris Taylor (9/22/2008 6:24:26 PM): do you think a 20 point trailing stop is enough?

Stallion (9/22/2008 6:25:14 PM): a 25 point might be better...

Stallion (9/22/2008 6:25:31 PM): price is at 1.8579 right now..

Chris Taylor (9/22/2008 6:25:52 PM): yeah and still climbing as well.

Chris Taylor (9/22/2008 6:26:05 PM): changed trailing stop to 25 points now then.

Stallion (9/22/2008 6:27:46 PM): cool

Chris Taylor (9/22/2008 6:28:45 PM): has there ben some news, because the EURUSD is fling as well.

Stallion (9/22/2008 6:31:23 PM): jus technical analysis, man...am 105 pips in profits as we speak on the gbpusd buy

order..

Chris Taylor (9/22/2008 6:32:25 PM): I think the price of oil has risen again today, maybe thats why the dollar is doing

what its doing.

Stallion (9/22/2008 6:33:58 PM): lol...oil and dollars don mix like 2 d**ks, else dey find demselves in serious sh**t

Chris Taylor (9/22/2008 6:34:28 PM): 2 d**ks certainly dont mix! lol

Stallion (9/22/2008 6:35:12 PM): 106 pips, $106 minilot,$1060 standard lot on gbpusd, less 40 pips.

Chris Taylor (9/22/2008 6:36:15 PM): I'm at 101 pips. Just seen the 123 bottom pattern on the cable 15M chart as well

for today. lol

Stallion (9/22/2008 6:41:10 PM): cool..