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Cable Update (GBPUSD)

  • #45,541
  • Dec 18, 2007 2:30am Dec 18, 2007 2:30am
Quoting forexguru
wonder how many newbies will blow up their accounts today.. life is a lesson though.. you only learn from your mistakes
I lost $45 today. That is a lot for me I only trade 1 mini lot while still learning. Why did I loose? Not trading my system and antisipating next move,stupid! Now I am staing out till my system gives me a real signal. Greed will kill you!!
  • #45,542
  • Dec 18, 2007 2:34am Dec 18, 2007 2:34am
Quoting Runway Trade
I lost $45 today. That is a lot for me I only trade 1 mini lot while still learning. Why did I loose? Not trading my system and antisipating next move,stupid! Now I am staing out till my system gives me a real signal. Greed will kill you!!
how can you own that plane trading 1 mini lot?
  • #45,543
  • Dec 18, 2007 2:40am Dec 18, 2007 2:40am
cable is trying to drop further but something keeps pulling it back!!!!
  • #45,544
  • Dec 18, 2007 2:40am Dec 18, 2007 2:40am
Quoting AmeriTrini
how can you own that plane trading 1 mini lot?
  • #45,545
  • Dec 18, 2007 2:42am Dec 18, 2007 2:42am
Quoting AmeriTrini
how can you own that plane trading 1 mini lot?
Trading is not my main income yet! Own 2 Pizza shops for 5 year bored with that, I have a financial background before pizza shops.
  • #45,546
  • Dec 18, 2007 2:43am Dec 18, 2007 2:43am
i lost usd750 to date...sigh...
  • #45,547
  • Dec 18, 2007 2:44am Dec 18, 2007 2:44am
closed my short @2.0168 seems ... today low not break till now ... looking to short again from the top
  • #45,548
  • Dec 18, 2007 2:48am Dec 18, 2007 2:48am
I have doubled my small forex account every two months, not doing to bad still learning markets testing various systems. I found I dont learn anything trading with demo accounts, no risk involved that why I use mini lot makes it more exciting!. BUT presumption is the mother of all f_ckups!
  • #45,549
  • Dec 18, 2007 2:49am Dec 18, 2007 2:49am
im out till the news
Fay All Time Return: -98.7%
  • #45,550
  • Dec 18, 2007 2:51am Dec 18, 2007 2:51am
Quoting deboooo2005
closed my short @2.0168 seems ... today low not break till now ... looking to short again from the top
  • #45,551
  • Dec 18, 2007 2:52am Dec 18, 2007 2:52am
Good Morning
  • #45,552
  • Dec 18, 2007 2:54am Dec 18, 2007 2:54am
Quoting deboooo2005
closed my short @2.0168 seems ... today low not break till now ... looking to short again from the top
What R U saying there Deboo? You don't think it's going down more? Gawd, I'd love it if someone told me it was gonna go up.
  • #45,553
  • Dec 18, 2007 2:58am Dec 18, 2007 2:58am
Quoting fx-SOS
What R U saying there Deboo? You don't think it's going down more? Gawd, I'd love it if someone told me it was gonna go up.
maybe after cpi just for a bit,a bounce if you will!!
  • #45,554
  • Dec 18, 2007 3:02am Dec 18, 2007 3:02am
Im Weiting NEWs too ,that NEWs im not before NEWs in
  • #45,555
  • Dec 18, 2007 3:04am Dec 18, 2007 3:04am
Quoting fx-SOS
What R U saying there Deboo? You don't think it's going down more? Gawd, I'd love it if someone told me it was gonna go up.

Cable news seems good ... so let watch if cable can go up to the resistance @ 2.0255 ... if cable couldnt break it sell
  • #45,556
  • Dec 18, 2007 3:10am Dec 18, 2007 3:10am
pound trading range is getting tighter and tighter. therefore a break out is imminent. lets hope cpi is in line and cable falls.

uk inflation should be conservative as the pound has been strong even though oil prices high the dollar has been weak.
  • #45,557
  • Dec 18, 2007 3:12am Dec 18, 2007 3:12am
Quoting Runway Trade
I have doubled my small forex account every two months, not doing to bad still learning markets testing various systems. I found I dont learn anything trading with demo accounts, no risk involved that why I use mini lot makes it more exciting!. BUT presumption is the mother of all f_ckups!
traders must make the maximum money in trending market conditions and be ready to lose in range conditions.. market is unpredictable and has both
  • #45,558
  • Dec 18, 2007 3:18am Dec 18, 2007 3:18am
This GBP seems pretty mysterious to me. I don't think there is confidence anymore that it will go up -- I'm feeling that in my stomach. Yet, it continually hangs on. Maybe it's waiting for news before it "blows"?
  • #45,559
  • Dec 18, 2007 3:21am Dec 18, 2007 3:21am
We see today 2.03 area
  • #45,560
  • Dec 18, 2007 3:26am Dec 18, 2007 3:26am
Quoting FXdaily
We see today 2.03 area

if 2.0256 break it will go to test weekly pivot 2.0298
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