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Cable Update (GBPUSD)

  • #36,821
  • Oct 22, 2007 12:33pm Oct 22, 2007 12:33pm
Quoting Moe
where entering the last 2 months of the year, so watch for some crazy moves.
Going from here to 2.05. That would be crazy.
.
  • #36,822
  • Oct 22, 2007 12:37pm Oct 22, 2007 12:37pm
I always expect the unexpected, it so often happens <G>
  • #36,823
  • Oct 22, 2007 12:39pm Oct 22, 2007 12:39pm
Very courageous candle, I can almost hear the voice from the movie "300" "Tonight, WE DIE!!!"
"Lunch ? Lunch Is For Wimps !"
  • #36,824
  • Oct 22, 2007 12:40pm Oct 22, 2007 12:40pm
2.0368

reason is here

http://www.forexfactory.com/showpost...ostcount=36818
  • #36,825
  • Oct 22, 2007 12:56pm Oct 22, 2007 12:56pm
Quoting notme32
Its start erection...........harder harderrrrrrr
it went limp
If I Go Broke Trying Then I Will die happy.
  • #36,826
  • Oct 22, 2007 12:58pm Oct 22, 2007 12:58pm
Guaranteed that on the 1hr chart the next candle will be red again.....
"Lunch ? Lunch Is For Wimps !"
  • #36,827
  • Oct 22, 2007 12:59pm Oct 22, 2007 12:59pm
there is still no strong sign were out of the 2.0300-500 range, thats why im not sure this downtrend will last.
If I Go Broke Trying Then I Will die happy.
  • #36,828
  • Oct 22, 2007 1:01pm Oct 22, 2007 1:01pm
Man I hate it when I do not follow my system...there is the little Devil sitting on my shoulder that with a smile says "trade, trade !!! waiting is boring, trading is exciting, TRADE!!!"

On DEMO accts I follow the rules perfectly, live I go into this weird split personality, and I trade even when I know it does not look that good.....
"Lunch ? Lunch Is For Wimps !"
  • #36,829
  • Oct 22, 2007 1:02pm Oct 22, 2007 1:02pm
watch the affect if turkey hit the kurds rebels in northen iraq.
If I Go Broke Trying Then I Will die happy.
  • #36,830
  • Oct 22, 2007 1:04pm Oct 22, 2007 1:04pm
Quoting MrFuture
Man I hate it when I do not follow my system...there is the little Devil sitting on my shoulder that with a smile says "trade, trade !!! waiting is boring, trading is exciting, TRADE!!!"

On DEMO accts I follow the rules perfectly, live I go into this weird split personality, and I trade even when I know it does not look that good.....

and therein lies most traders difficulties
  • #36,831
  • Oct 22, 2007 1:06pm Oct 22, 2007 1:06pm
Unfortunately a few good trades make you lose the grip of reality and you feel invincible....
"Lunch ? Lunch Is For Wimps !"
  • #36,832
  • Oct 22, 2007 1:09pm Oct 22, 2007 1:09pm
Quoting MrFuture
Man I hate it when I do not follow my system...there is the little Devil sitting on my shoulder that with a smile says "trade, trade !!! waiting is boring, trading is exciting, TRADE!!!"

On DEMO accts I follow the rules perfectly, live I go into this weird split personality, and I trade even when I know it does not look that good.....
thats because real money is on the line, i just went with my system put my orders in shut the computer down wait till i have to trade again then check on my trades, one thing is, it's hard to sit and watch your trades when your sitting at -50 pips, i had a set and forget system and i only needed to check my trades 2 times a day and i did good but i decided to check on those same trades more often and guess what when i was sitting at 75 pips profit i close my trade even tho it wasn't time just the fact me being up made me happy but if i follow my system i could of got 175 pips , think about it.
If I Go Broke Trying Then I Will die happy.
  • #36,833
  • Oct 22, 2007 1:10pm Oct 22, 2007 1:10pm
look cnn, 42 busd acuaried for further funding the ww3...
its just money
  • #36,834
  • Oct 22, 2007 1:12pm Oct 22, 2007 1:12pm
I know, same thing with me. With demo I exit when the signals are there, with real cash I fear a sudden reverse and I sell with smaller profit just ot be abel to say 'ehm, well, at least I did not lose.'

Now, I wish I did that with my losses. Instead I let them run hoping it will come back and I do not close them early enough to don't accept the loss.....what an idiot !
"Lunch ? Lunch Is For Wimps !"
  • #36,835
  • Oct 22, 2007 1:12pm Oct 22, 2007 1:12pm
Quoting bboyomega83
and therein lies most traders difficulties
true indeed, it's the hardest part to overcome in forex trading, problem is watching your trades all day, this alone will cause you to do something stupid.
If I Go Broke Trying Then I Will die happy.
  • #36,836
  • Oct 22, 2007 1:14pm Oct 22, 2007 1:14pm
not quite crazy. how about something close to 2.05, like 2.0480?

Quoting bullrock
Going from here to 2.05. That would be crazy.
Nihil Sine Deo.
  • #36,837
  • Oct 22, 2007 1:14pm Oct 22, 2007 1:14pm
Quoting MrFuture
I know, same thing with me. With demo I exit when the signals are there, with real cash I fear a sudden reverse and I sell with smaller profit just ot be abel to say 'ehm, well, at least I did not lose.'

Now, I wish I did that with my losses. Instead I let them run hoping it will come back and I do not close them early enough to don't accept the loss.....what an idiot !
your not an idiot ever trader goes thru this, it's just can you overcome this, that is what make you a great trader.
If I Go Broke Trying Then I Will die happy.
  • #36,838
  • Oct 22, 2007 1:17pm Oct 22, 2007 1:17pm
Quoting MrFuture
I know, same thing with me. With demo I exit when the signals are there, with real cash I fear a sudden reverse and I sell with smaller profit just ot be abel to say 'ehm, well, at least I did not lose.'

Now, I wish I did that with my losses. Instead I let them run hoping it will come back and I do not close them early enough to don't accept the loss.....what an idiot !
You can overcome that, it's all about your mindset. Nobody is an idiot except those using 50%+ of their account per trade, lol.
Trade what you see, not what you think.
  • #36,839
  • Oct 22, 2007 1:19pm Oct 22, 2007 1:19pm
Quoting karmostaji
You can overcome that, it's all about your mindset. Nobody is an idiot except those using 50%+ of their account per trade, lol.
even those we cant called stupid...but we can call bush stupid...
its just money
  • #36,840
  • Oct 22, 2007 1:21pm Oct 22, 2007 1:21pm
Quoting de123
even those we cant called stupid...but we can call bush stupid...
be careful otherwise we will have another round of drama in here
Trade what you see, not what you think.
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