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Cable Update (GBPUSD)

  • #42,841
  • Dec 4, 2007 3:36am Dec 4, 2007 3:36am
Quoting tetis
dear friends i came back and see wow...
the news is near so i take along here on 2.0610 with 30 pips s/l for news ihope be lucky
I just love this thread.
How can you purposely throw away 30pips
this problem with scalpers they think they will
always be luck.

News is not good for GBP
current: 54.3http://www.forexfactory.com/images/m...ol_refresh.gif : forecast 57.1:

Today's trade has already be decided until
2.0550. You can plan for scalping from
there until New York closes.
  • #42,842
  • Dec 4, 2007 3:43am Dec 4, 2007 3:43am
Quoting tetis
dear friends i came back and see wow...
the news is near so i take along here on 2.0610 with 30 pips s/l for news ihope be lucky
becareful
  • #42,843
  • Dec 4, 2007 3:49am Dec 4, 2007 3:49am
Quoting fxbroker
I just love this thread.
How can you purposely throw away 30pips
this problem with scalpers they think they will
always be luck.

News is not good for GBP
current: 54.3http://www.forexfactory.com/images/m...ol_refresh.gif : forecast 57.1:

Today's trade has already be decided until
2.0550. You can plan for scalping from
there until New York closes.
dear friend profit and lose is both side of trading and i think without risking in forex the result is only some poor pips at the end or even losing ...
we must accept that losing is apart of trade so trading but with money managment , if you act with MM you will be winner , no body knows the market go to which side but we guess the potential of it and make a decision
and luck is no important i only say it for ending my post good luck every one
  • #42,844
  • Dec 4, 2007 3:53am Dec 4, 2007 3:53am
Quoting tetis
dear friend profit and lose is both side of trading and i think without risking in forex the result is only some poor pips at the end or even losing ...
we must accept that losing is apart of trade so trading but with money managment , if you act with MM you will be winner , no body knows the market go to which side but we guess the potential of it and make a decision
and luck is no important i only say it for ending my post good luck every one
I was thinking exactly like you before I blew up 3 accounts totallying $4000.
  • #42,845
  • Dec 4, 2007 3:54am Dec 4, 2007 3:54am
Hi guys, I think G/U moves in big sideways range waiting for BOE interst rate decision.
  • #42,846
  • Dec 4, 2007 3:58am Dec 4, 2007 3:58am
Anyone else thinking about entering a long here?
  • #42,847
  • Dec 4, 2007 3:58am Dec 4, 2007 3:58am
Quoting forexguru
I was thinking exactly like you before I blew up 3 accounts totallying $4000.
Dont worry i blew up 2 accounts totally over 21000$ but after over 2000 trade i found my way and found that holly grail of forex is only money managment nothing else good luck my friend
  • #42,848
  • Dec 4, 2007 3:59am Dec 4, 2007 3:59am
Quoting forexguru
I was thinking exactly like you before I blew up 3 accounts totallying $4000.
$4000 is nothing, others have lost much much more.
  • #42,849
  • Dec 4, 2007 4:01am Dec 4, 2007 4:01am
Quoting tetis
Dont worry i blew up 2 accounts totally over 21000$ but after over 2000 trade i found my way and found that holly grail of forex is only money managment nothing else good luck my friend
That was the best and most meaningful post I read today... good luck to you my friend!
  • #42,850
  • Dec 4, 2007 4:02am Dec 4, 2007 4:02am
Quoting tetis
dear friend profit and lose is both side of trading and i think without risking in forex the result is only some poor pips at the end or even losing ...
we must accept that losing is apart of trade so trading but with money managment , if you act with MM you will be winner , no body knows the market go to which side but we guess the potential of it and make a decision
and luck is no important i only say it for ending my post good luck every one
sorry, I was also referring to myself too as scalper
in the past, may be i should I have edited the statement.

nothing wrong with scalping only that we do it with so much
confident that sometimes it worked against us.

That is true everyone talks about money management
even the big hedge funds companies talk about the same
thing but we still have market melt down.
  • #42,851
  • Dec 4, 2007 4:03am Dec 4, 2007 4:03am
Quoting edward77
$4000 is nothing, others have lost much much more.
yes, but if you can grow lets say $2000 to $4000 then you can move on.. why risk more in the begining? What is the reason?

Greedy will kill you!
  • #42,852
  • Dec 4, 2007 4:10am Dec 4, 2007 4:10am
Quoting forexguru
yes, but if you can grow lets say $2000 to $4000 then you can move on.. why risk more in the begining? What is the reason?

Greedy will kill you!
hummmmmm
what about you if you can grow $1 micro or $100 into 100k
why waiting to blow away 4k

GREEDY GREEDY GREEEDY we are all
guilty of the same offense
  • #42,853
  • Dec 4, 2007 4:25am Dec 4, 2007 4:25am
Rather unclear picture on GBPUSD during the last two months worth of price action in my opinion. I see no defined bias in the mid-term scope.
Attached Image
  • #42,854
  • Dec 4, 2007 5:01am Dec 4, 2007 5:01am
Cable has topped....we now go to south 1.9xx
{Link Removed}]
  • #42,855
  • Dec 4, 2007 5:02am Dec 4, 2007 5:02am
very slow market & unpredictable but i have to trade & follow my system....short from 0616 for atleast 60 pips!
  • #42,856
  • Dec 4, 2007 5:05am Dec 4, 2007 5:05am
Quoting 30pips
very slow market & unpredictable but i have to trade & follow my system....short from 0616 for atleast 60 pips!
keep dreaming
  • #42,857
  • Dec 4, 2007 5:09am Dec 4, 2007 5:09am
Quoting forexguru
keep dreaming
do u place stop losses?
  • #42,858
  • Dec 4, 2007 5:11am Dec 4, 2007 5:11am
Quoting forexguru
keep dreaming
....at least i'm dreaming but ur loosing every pip in this market!
  • #42,859
  • Dec 4, 2007 5:12am Dec 4, 2007 5:12am
Quoting 30pips
....at least i'm dreaming but ur loosing every pip in this market!
who told u? I am long from 2.0615
  • #42,860
  • Dec 4, 2007 5:17am Dec 4, 2007 5:17am
Quoting forexguru
who told u? I am long from 2.0615
in fact I closed all my long positions already.. just have in mind that good trades take only a few seconds to finish.. do not be greedy in this market or you will blow up your account like 95% of the newbies.
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