Cable Update (GBPUSD)
{quote}i remember that day well. i was on the right side of it and kept trying to take profits but market was moving so damn quick it took me about 10 attempts to close position. made some heavy profits but couldnt get out near bottom. was a crazy move and like you say the spread was huuuge
{quote} You always wish people well. You are very kind. It was a plentiful day for me. For years to come. But a lot didn't implement SL. I can only wish them the same. There were talks back then that even gravity works for prices. IMHO, it's okay not to put SL on shorts. But SL always on longs.... gravity
Bounces off 1.1025 is that the bottom?
{quote} UK government dishes out extensive tax cuts as country braces for recession {image} Same same as printer going Brrrrrrr but not DIFFERENT......
{quote} Net long at the moment. Happy weekend to all.
{quote} I'm happy that you didn't get hurt. It's never nice to see people get hurt when it is not their fault. We all know the risks of trading, and we accept them. But if crazy things like you saw happen, it's outside our wildest thoughts. I always use SL, but is ok if you don't. As long as we all accept the risks, then it's good
{quote} in a market like that your stop loss is no good
{quote} Well I think the next week there will be a little bit retracement (as it is over extended this week) but I am ready if this goes against me as I have pending sell orders ready at the bottom of today's lowest low. Let's see how it rolls out.
{quote} I am out. Turned it into a scalp. Can't ruin my weekend by holding it
{quote} "Tails" SHORT ...good luck
