One can sense that even here in GU thread.
SS
1
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
Why is GBPUSD called cable? 66 replies
cable short for gbpusd? 6 replies
DislikedTHE UNKNOWNS OF FOREX TRADING ( A PERSPECTIVE OF GBPUSD) The alarming rate of losses in forex trading is worrisome, studies have shown that 75-85% of retail forex traders lose money. We are all provided with arrays of analysis to evaluate in order to make our trading decisions. These analysis are TECHNICAL, FUNDAMENTAL and SENTIMENT analysis, which must all align to make good trading decisions. We are still confronted with our own INTERNAL ANALYSIS which has to do with RISK AND EMOTIONS MANAGEMENT. In all we have 5 major Analysis to contend with...Ignored
DislikedTHE UNKNOWNS OF FOREX TRADING ( A PERSPECTIVE OF GBPUSD) The alarming rate of losses in forex trading is worrisome, studies have shown that 75-85% of retail forex traders lose money. We are all provided with arrays of analysis to evaluate in order to make our trading decisions. These analysis are TECHNICAL, FUNDAMENTAL and SENTIMENT analysis, which must all align to make good trading decisions. We are still confronted with our own INTERNAL ANALYSIS which has to do with RISK AND EMOTIONS MANAGEMENT. In all we have 5 major Analysis to contend with...Ignored
DislikedTrading is like working out...if you do too much of it, the effect will be the opposite of what you want. I used to think that if I do not open trades for a day or two, I am losing money. Eventually I learned that thats how I make the most money...because being in a trade makes you biased in that direction and sometimes you can't see the forest for the trees.Ignored
DislikedTrading is like working out...if you do too much of it, the effect will be the opposite of what you want. I used to think that if I do not open trades for a day or two, I am losing money. Eventually I learned that thats how I make the most money...because being in a trade makes you biased in that direction and sometimes you can't see the forest for the trees.Ignored
Dislikedbecause being in a trade makes you biased in that direction and sometimes you can't see the forest for the trees.Ignored
DislikedI see here various posts, with medium term to long term perspectives. To be more useful to this thread, if they write kind of objectives of their analysis while they post. The retailers here, most are with small capital and try to trade with kind of accuracy, as most are day traders/scalpers. There is bounce from 2462 now to 2500 almost. This is to be watched.Ignored
Disliked{quote} Now, this makes all the sense.. Sometimes, trading only on a FRIDAY will make one all the cash they need SSIgnored
Disliked{quote} Agree, as price is moving up, we need to look for exhaustion at key levels from which we can sell from. Last trade Sell 1.2495 for 7 pips. Waiting for a new chance to sell. No pressure trading this way.Ignored
Disliked{quote} I'd like to think most retail are long.. One can sense that even here in GU thread. SSIgnored
Disliked{quote} Good, what makes you not to take long at 2462, which is support ? You could have gained some 30 pips? Because you want to sell only? Just a question. A retail trader with wrong MM ( uSUALLY ) would have burnt their capital in the move from 2438( friday ) to 2520 ( today ) if he was holding short if he is addicted to short. What do you think ?Ignored