Hi all,
Market seems ranging for many hours now. Cable did drop from yesterday High... but not muchRight now... I just stay aside. Let see... will London Open give us some surprise? Seems like everyone are waiting for THURSDAY.
True.. even if enter, i will stick with tight SL.
savant,
Just to share with you another part of story about Jesse Livermore. From what i read (and now experiencing), a key factor for Jesse Livermore is his timing approach, to be correct in the trade right from the beginning. we should have waited patiently until all the factors were in place before pulling the trading trigger...so that the stock/whatever should move in the direction of our trade almost simultaneously with entering the trade . . . that is act correctly and patient.
my hero Jesse Livermore once said:
Don’t try and anticipate what the market will do next—simply
go with the evidence of what the market is telling you—presenting
to you.
and
Markets are never wrong—opinions often are. Timing in the stock market is the key to success. A trader may deduce that a stock is going to go up or down in a big way and eventually he may be correct. In fact, if you have any experience in the market this will ring true. I knew that stock was going to go up ten points—I was just too darn early on the trade. I lost my money but I was ultimately right on the stock. I just moved too soon, the market went against me and I sold out my position for a loss. I even made a second attempt to buy it and it dropped three points, I got nervous,
so I sold it.
regards.
G33maroon
savant,
Just to share with you another part of story about Jesse Livermore. From what i read (and now experiencing), a key factor for Jesse Livermore is his timing approach, to be correct in the trade right from the beginning. we should have waited patiently until all the factors were in place before pulling the trading trigger...so that the stock/whatever should move in the direction of our trade almost simultaneously with entering the trade . . . that is act correctly and patient.
my hero Jesse Livermore once said:
Don’t try and anticipate what the market will do next—simply
go with the evidence of what the market is telling you—presenting
to you.
and
Markets are never wrong—opinions often are. Timing in the stock market is the key to success. A trader may deduce that a stock is going to go up or down in a big way and eventually he may be correct. In fact, if you have any experience in the market this will ring true. I knew that stock was going to go up ten points—I was just too darn early on the trade. I lost my money but I was ultimately right on the stock. I just moved too soon, the market went against me and I sold out my position for a loss. I even made a second attempt to buy it and it dropped three points, I got nervous,
so I sold it.
regards.
G33maroon
In my chart..gj will show to bull market..but not clear..a set my pending order at price 210.86...and my first TP 211.18.... Stoploss 210.39..trade on ur risk..gud luck guy..
. but being nimble is the key!So true.. TQ for reminding me bro. Tq again.
. got to go, off to settle something domestic hehehe tough job.good choice. in term of bigger picture, gbpjpy doesnt move much actually. still stuck in the 25 Jan & 28 Jan high and low range. gbpjpy when range around few hundred pips sometimes can be considered as pot of gold
based on calculation on the previous day average range, for me, hehe my perception of cheap price to buy and expensive price to sell.. the best buy may come at area somewhere around 209.4 and the sell may be around 211.8. depending to what will happen later of the day. this is G33maroon's personal view on the market not a commentary or advise.
regards.
.hope open london can give a strong support...for GBP... My hero Jesse Livermore once said:
Don’t try and anticipate what the market will do next.
Simply go with the evidence of what the market is telling you—presenting to you.
regards.
G33maroon
I have been trying to master this discipline for ages... still having problem with it since I can't strain myself from impromptu ANTICIPATION. That's the way to trade safely: 
Just got to wait for the market to present the clue then. Patience..... QQE signal pointing UP. That's in H4 Chart... good for medium term. 
gj looking for a good bull...start london open...but beware guy...gj can reverse any time right now..gud luck
Not looking good. News release in about 10 mins time. I'll close my SHORT at BE. Seems like the BULL in power. Waiting for the news for STRADLE PO.
LUCKY!!! Huhuhu... DROP DOWN... I was planning to close my SHORT at BE but end up 7 green PIPS
