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Cable Update (GBPUSD)

  • #31,541
  • Sep 19, 2007 5:16am Sep 19, 2007 5:16am
Quote
My Sep losses are now down to 1%

hope these don't shooooot from here but go negative

God Bless us All

Its so easy to lose money to FX, BUT SO DIFFICULT to make it back.

People, this game is really very very tough !
Hello World!
  • #31,542
  • Sep 19, 2007 5:17am Sep 19, 2007 5:17am
Quoting ClockTrader
Its so easy to lose money to FX, BUT SO DIFFICULT to make it back.

People, this game is really very very tough !
You're right on about that!!!
  • #31,543
  • Sep 19, 2007 5:22am Sep 19, 2007 5:22am
look at the charts - this should say something - these are 1 hour charts - the EUR and AUD - had good run ups after yesterday's announcement and their down movements stay capped - signaling profit taking or small correction.

Cable just had 1 big pin bar UP and then struggled to break it - the downside is looking vurnerable
Attached Image (click to enlarge)
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  • #31,544
  • Sep 19, 2007 5:25am Sep 19, 2007 5:25am
Quoting ClockTrader
Its so easy to lose money to FX, BUT SO DIFFICULT to make it back.

People, this game is really very very tough !
Discipline, courage, consistency
.
  • #31,545
  • Sep 19, 2007 5:27am Sep 19, 2007 5:27am
BOE A-holes' Trying to Catch up Strategy under way...

Sept. 19 (Bloomberg) -- The Bank of England said it will lend 10 billion pounds ($20 billion) to commercial banks in an emergency three-month auction and widen the range of securities it accepts as collateral. ``This measure is being taken to alleviate the strains in longer-maturity money markets,'' the bank said in a statement today. The Bank of England, which will accept ``mortgage collateral'' in the auction, said the minimum rate it will lend at is 6.75 percent.
  • #31,546
  • Sep 19, 2007 5:28am Sep 19, 2007 5:28am
Quoting ClockTrader
Its so easy to lose money to FX, BUT SO DIFFICULT to make it back.

People, this game is really very very tough !

I wouldnt agree 100% on that - its easy to lose money if you are indisciplined (or a scalper - my opinion) and difficult to make it back ONLY if you DONT Plan the Trade and Trade the Plan

If you do both the above - FX can be a challenging and rewarding thing to do
  • #31,547
  • Sep 19, 2007 5:29am Sep 19, 2007 5:29am
WTF man?
everything has gone wrong
very wrong, hu hu
the triangle, divergence, rsi, stotch,
damn it
  • #31,548
  • Sep 19, 2007 5:35am Sep 19, 2007 5:35am
Quoting rizal1976
WTF man?
everything has gone wrong
very wrong, hu hu
the triangle, divergence, rsi, stotch,
damn it
It is you on the picture?
.
  • #31,549
  • Sep 19, 2007 5:36am Sep 19, 2007 5:36am
Quoting bullrock
It is you on the picture?
Nope I do not think so.
.
  • #31,550
  • Sep 19, 2007 5:37am Sep 19, 2007 5:37am
Quoting gmohata
I wouldnt agree 100% on that - its easy to lose money if you are indisciplined (or a scalper - my opinion) and difficult to make it back ONLY if you DONT Plan the Trade and Trade the Plan

If you do both the above - FX can be a challenging and rewarding thing to do
And if you bet the farm...
.
  • #31,551
  • Sep 19, 2007 5:42am Sep 19, 2007 5:42am
Quoting bullrock
It is you on the picture?
Nope
that is claire forlani
i'm male, hu hu
  • #31,552
  • Sep 19, 2007 5:44am Sep 19, 2007 5:44am
Quoting rizal1976
Nope
that is claire forlani
i'm male, hu hu
Yeaahhow... That was disappointing... Even cable is going further down on THAT bad news

  • #31,553
  • Sep 19, 2007 5:47am Sep 19, 2007 5:47am
elementary watson

CHA CHING - and keep it on
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  • #31,554
  • Sep 19, 2007 5:47am Sep 19, 2007 5:47am
Quote
Discipline, courage, consistency
+ patience

one is rich from inside by default if you have these qualities, finally rich in every way.


Quote
Nope
that is claire forlani
i'm male, hu hu

hope BR had not started feeling horny, lolz
Quote
I wouldnt agree 100% on that - its easy to lose money if you are indisciplined (or a scalper - my opinion) and difficult to make it back ONLY if you DONT Plan the Trade and Trade the Plan

Easily said than done !

period.
Hello World!
  • #31,555
  • Sep 19, 2007 5:48am Sep 19, 2007 5:48am
Quoting rizal1976
Nope
that is claire forlani
i'm male, hu hu

WTF MAN!!!!! Change your damm avitar, and I thought there was a beautiful women to flirt with in here. The future was looking good, and then the chick has dick? WTF?
Just Trade It
  • #31,556
  • Sep 19, 2007 5:48am Sep 19, 2007 5:48am
Right back to where we were yesterday before the rate news. 200 pips already today. Is there anymore left?
  • #31,557
  • Sep 19, 2007 5:50am Sep 19, 2007 5:50am
Quoting ClockTrader
hope BR had not started feeling horny, lolz


Quoting ClockTrader
one is rich from inside by default if you have these qualities, finally rich in every way.
+ patience
Easily said than done !
period.
.
  • #31,558
  • Sep 19, 2007 5:50am Sep 19, 2007 5:50am
Quoting rizal1976
Nope
that is claire forlani
i'm male, hu hu
Worra woofer man ! My red haired irish cherokee is better than that...and she works and brings money home to ME
  • #31,559
  • Sep 19, 2007 5:51am Sep 19, 2007 5:51am
Quoting Big Wave Rider
WTF MAN!!!!! Change your damm avitar, and I thought there was a beautiful women to flirt with in here. The future was looking good, and then the chick has dick, WTF.
Just like forex, looks like goldmine, but ......
by the way i'm not gay ha ha ha...
  • #31,560
  • Sep 19, 2007 5:55am Sep 19, 2007 5:55am
Quoting pacman962
Luffy,
Why don't you post here anymore? I'm deeply regard your opinions are very highly respected as only a handful of posters here, but i wish you the best of luck at whatever you'll do as i think you can. Thank you.
Thank you for your kind words, I just feel bad about my trades when I start posting here cos of "the need to be right" as my trades are mostly in the opposite direction of most. I'll just stay away from public forums and only post in James16's private forums for now. Arguing over trades plays into people's physchology. I dont want to find myself holding onto a trade I know is wrong but only for the "need to be right" mentality which is a devastating thing for a trader.

Good luck to you all
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