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Brave Heart of GBP/JPY

  • #301
  • Aug 31, 2007 6:03am Aug 31, 2007 6:03am
Quoting venci
my problem is that i risk more than i afford to loose... and i don't know why is that .. i know everything about money management .. but when i trade ... somehow i forget about it .. and risk more and more ... and ... this is the result .. a huge loss ...
I think you should read this, some physcholgical stuff in here............
Even though we may know about MM, we still make the mistakes. There are questions that you can ask yourself in the link below, maybe print it & ask yourself the questions before you make the trade, at least until your head is sorted out from making silly mistakes.

http://www.forexfactory.com/showthread.php?t=44084

Most people have done the same, me included.

Good luck.

Scott
Le singe est dans l'arbre
  • #302
  • Aug 31, 2007 6:07am Aug 31, 2007 6:07am
Any body can tell is GJ already break the resistance at Fibo 61.8 % retracement ? How far shall we wait from the resistance point, before we enter long ?
  • #303
  • Aug 31, 2007 6:21am Aug 31, 2007 6:21am
Thank you all ... I think everybody will pass trough this to become a trader
  • #304
  • Aug 31, 2007 6:43am Aug 31, 2007 6:43am
venci, you still better than me. yesterday i enter short... wrong choice. then, i look at the chart, candlestick pattern, trying to scalp... the result is worse. yes it sucks. i consider to resign, lol. now i just smile, waiting for general pips commando
  • #305
  • Aug 31, 2007 7:21am Aug 31, 2007 7:21am
He come very late in evening ........ I cant stand it anymore and go long already 235.26......... hehehe...... now it go down on me
  • #306
  • Aug 31, 2007 8:26am Aug 31, 2007 8:26am
yeah, -80 pips . impatience is the worst enemy.
  • #307
  • Aug 31, 2007 8:38am Aug 31, 2007 8:38am
Quoting canaxis
yeah, -80 pips . impatience is the worst enemy.
  • #308
  • Aug 31, 2007 8:49am Aug 31, 2007 8:49am
we see now how much 61.8% is strong resistance level on 4h frametime...
the price pass it with 90 pips and the retreated....the present candle on 4h is still open...
on 1h frame the the price broke the rising trend line but the present candle is still open also...
enter short on 1h frametime after closing the last candle...
this is deal 11th
do not forget TP 100
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  • #309
  • Aug 31, 2007 9:00am Aug 31, 2007 9:00am
this chart shows us two trend one of them 1/2h & the other 1h ..
1/2 will give us the confimation of fall when the new candle after the last break the 1/2 trend
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  • #310
  • Aug 31, 2007 9:04am Aug 31, 2007 9:04am
my meta is not doing... am making re installing
somebody give me a chart of the rascal
  • #311
  • Aug 31, 2007 9:12am Aug 31, 2007 9:12am
Meta trader from MIG is dead, get one from other place. tadawul is good
  • #312
  • Aug 31, 2007 9:15am Aug 31, 2007 9:15am
Quoting Syafi
Meta trader from MIG is dead, get one from other place. tadawul is good
never mind...
thanks syafi.... but deal 11th is doing good... the profit until now is 100 pips
  • #313
  • Aug 31, 2007 9:29am Aug 31, 2007 9:29am
do you see men....
it didn't break 61.8%
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  • #314
  • Aug 31, 2007 9:31am Aug 31, 2007 9:31am
I was down 180 pips :surprised ....... then i compound it double at the 234.62 strong support...
once it came back again I cash the pips ........ so dangerous what I did...

that what happen when you don't stick to your own rule......
My rule today was "Wait for pipskidnapper before trade"
  • #315
  • Aug 31, 2007 9:33am Aug 31, 2007 9:33am
Quoting Syafi
I was down 180 pips :surprised ....... then i compound it double at the strong support once it came back again I cash the pips ........ so dangerous what I did...
GIVE ME YOUR PRICE OPEN OF YOUR POSITION AND YOUR STOP LOSE
  • #316
  • Aug 31, 2007 9:35am Aug 31, 2007 9:35am
Quoting pipskidnapper
never mind...
thanks syafi.... but deal 11th is doing good... the profit until now is 100 pips
Where was your entry? 1hr not closed yet
Regards
  • #317
  • Aug 31, 2007 9:36am Aug 31, 2007 9:36am
rebounce again... oh my... all of i did is making more minus pips. hurt my stomach
  • #318
  • Aug 31, 2007 9:40am Aug 31, 2007 9:40am
Quoting howard
Where was your entry? 1hr not closed yet
@ 234.44
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  • #319
  • Aug 31, 2007 9:42am Aug 31, 2007 9:42am
Anybody Who Enterd Short Just Hold
  • #320
  • Aug 31, 2007 9:43am Aug 31, 2007 9:43am
Quoting pipskidnapper
GIVE ME YOUR PRICE OPEN OF YOUR POSITION AND YOUR STOP LOSE
Stop lose is 1000 entry is 235.26.....
(yes i have enough to cover -2000 pip)

i enter after the third time it try to break 235.50.........
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