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Cable Update (GBPUSD)

  • #37,041
  • Oct 24, 2007 1:23am Oct 24, 2007 1:23am
What the hell short with 50 pips SL, no risk no gain, if i loose i enter again when the "real reversal" is forming.
Risk Less in the next transaction after a Win.
  • #37,042
  • Oct 24, 2007 2:19am Oct 24, 2007 2:19am
LOL told you guys when everybody is screaming long here, you've got to go the opposite :
Trade what you see, not what you think.
  • #37,043
  • Oct 24, 2007 2:24am Oct 24, 2007 2:24am
Quoting karmostaji
LOL told you guys when everybody is screaming long here, you've got to go the opposite :
  • #37,044
  • Oct 24, 2007 2:26am Oct 24, 2007 2:26am
everybody? i almost yelled short. oh well... i guess i don't count here.

Quoting karmostaji
LOL told you guys when everybody is screaming long here, you've got to go the opposite :
Nihil Sine Deo.
  • #37,045
  • Oct 24, 2007 2:27am Oct 24, 2007 2:27am
Go GU goo gooo, down GU, good GU, here's biscuit. Who loves u, aa a a who loves u?
Risk Less in the next transaction after a Win.
  • #37,046
  • Oct 24, 2007 2:33am Oct 24, 2007 2:33am
its going crazyy!! :surprised up, down, up down!! Comon DOWN cable DOWN!!
  • #37,047
  • Oct 24, 2007 2:34am Oct 24, 2007 2:34am
Quoting karmostaji
LOL told you guys when everybody is screaming long here, you've got to go the opposite :
what do that tell's you, more losers then winner's in this thread.
If I Go Broke Trying Then I Will die happy.
  • #37,048
  • Oct 24, 2007 2:34am Oct 24, 2007 2:34am
Quoting Scrat
everybody? i almost yelled short. oh well... i guess i don't count here.
except you and Plutonite
Trade what you see, not what you think.
  • #37,049
  • Oct 24, 2007 2:35am Oct 24, 2007 2:35am
Quoting Moe
what do that tell's you, more losers then winner's in this thread.
no wonder 95% of people in forex lose money
Trade what you see, not what you think.
  • #37,050
  • Oct 24, 2007 2:41am Oct 24, 2007 2:41am
I'm not trading this pair, but watch out for reversal to the upside.
Trade what you see, not what you think.
  • #37,051
  • Oct 24, 2007 2:43am Oct 24, 2007 2:43am
Quoting karmostaji
I'm not trading this pair, but watch out for reversal to the upside.
lol or you realy saying short g/u, lol
If I Go Broke Trying Then I Will die happy.
  • #37,052
  • Oct 24, 2007 2:44am Oct 24, 2007 2:44am
my new system- use Cable Update (GBPUSD) as contrarian indicator.

I actually am short eur/yen... does anyone else think this merrill lynch news could turn into a real nasty unwind? I talking sub 160 on the eur/yen.
  • #37,053
  • Oct 24, 2007 2:50am Oct 24, 2007 2:50am
Quoting Moe
lol or you realy saying short g/u, lol
Once you feel the sentiment of the thread is turning bearish, you go long lol
Trade what you see, not what you think.
  • #37,054
  • Oct 24, 2007 2:51am Oct 24, 2007 2:51am
Quoting danegg7
my new system- use Cable Update (GBPUSD) as contrarian indicator. LOL

I actually am short eur/yen... does anyone else think this merrill lynch news could turn into a real nasty unwind? I talking sub 160 on the eur/yen.
the question is not what do we think,..but ....if u ask then no....161.66 should hold for now,...but who knows,...lets ask ronald or igrok,..they got bilions not we...
its just money
  • #37,055
  • Oct 24, 2007 2:55am Oct 24, 2007 2:55am
breaking news, the last 2 days has whipe out some of the big names in this thread, i just got a p.m. from one of them saying they lost 90% of there account the last 2 days, im sorry to here that, lets all take a min to mourn.
If I Go Broke Trying Then I Will die happy.
  • #37,056
  • Oct 24, 2007 3:00am Oct 24, 2007 3:00am
...over leverage then margin call....whats worse market turned after that.

Very poor decision making imo.
  • #37,057
  • Oct 24, 2007 3:04am Oct 24, 2007 3:04am
Good Money Management will keep you in this business, otherwise you're toast.
Trade what you see, not what you think.
  • #37,058
  • Oct 24, 2007 3:07am Oct 24, 2007 3:07am
reasons why this thread has so many losers? People throw a chart with some fancy analysis...but its really basically just price thoughts...how many times can you throw a chart and have 2 different analysis on the same price chart? hahaha.

The problem with the masses here is they trade on the basic fact that the feel the chart should make this formation or that formation or what soever jest that the books say should happen. Woeful bunch of piss poor speculators, if there is any lessons the market had thought them, thats to burn ur charts and drink their ashes. U'd be better at TA after that..

Some stops that i see people here places are almost impossible and for crying out loud...the stops are practically at areas where the Broker would hunt you with....such idiocrisy.
  • #37,059
  • Oct 24, 2007 3:14am Oct 24, 2007 3:14am
Quoting Moe
breaking news, the last 2 days has whipe out some of the big names in this thread, i just got a p.m. from one of them saying they lost 90% of there account the last 2 days, im sorry to here that, lets all take a min to mourn.
my condolences..
  • #37,060
  • Oct 24, 2007 3:18am Oct 24, 2007 3:18am
Quoting jest1081
Some stops that i see people here places are almost impossible and for crying out loud...the stops are practically at areas where the Broker would hunt you with....such idiocrisy.
Small initial outlay and tight stops IMHO are what kills alot of fx newbies.

On the other hand Greed kills everyone, newbie or veteran.

I remeber getting wacked last month after the august reversal.. LOL.. had to suck it in and cut position, at least i'm still alive to trade another day.. :
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