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Cable Update (GBPUSD)

  • #47,261
  • Dec 28, 2007 2:23am Dec 28, 2007 2:23am
Quoting nobleolagoke
thanks for the piece of advice i really appreciate it...

will try and do that...when i demo traded i made it big ...i just guess i'm a bit of nervous...anyway I will still demo again..thanks and keep me posted on any sure trade i can go into
there are no sure trades, you just calculate how much you lose if you lose, and how much you win if you win, and if you 50% lose and 50% win you are a winner as you cut short your losses and let your wins expand. There is no traders who do not lose, have this in mind, just follow the above rule.
  • #47,262
  • Dec 28, 2007 2:23am Dec 28, 2007 2:23am
Quoting nobleolagoke
thanks for the piece of advice i really appreciate it...

will try and do that...when i demo traded i made it big ...i just guess i'm a bit of nervous...anyway I will still demo again..thanks and keep me posted on any sure trade i can go into
I Hate "demo" trading -- it's forms BAD/LAZY HABITS. Use a dime if you have to, to keep your interest, and stay real.
  • #47,263
  • Dec 28, 2007 2:35am Dec 28, 2007 2:35am
I Enjoy my SHORTS Positions and getting ready shoot 1.98 area ....
  • #47,264
  • Dec 28, 2007 2:37am Dec 28, 2007 2:37am
Quoting fx-SOS
I Hate "demo" trading -- it's forms BAD/LAZY HABITS. Use a dime if you have to, to keep your interest, and stay real.
OK...pls just keep me posted incase of anything..at the moment i'm afraid to take a position...I trust u just give me the signal and i will place trade
thanks
  • #47,265
  • Dec 28, 2007 2:44am Dec 28, 2007 2:44am
Quoting nobleolagoke
OK...pls just keep me posted incase of anything..at the moment i'm afraid to take a position...I trust u just give me the signal and i will place trade
thanks
Hi Noble,

If you are waiting for a signal from somebody...it may be a bit late before you get it as you cannot be on your system 24/7.

Why not develop a system that suits you. Simple one that you can follow and then build up from there. You can start again with mini account...like 0.01 lot to rebuild your confidence. You need to be experience to follow the calls from this thread as you may end up loosing more if you dont have a system of your own.

To start with, I can advice you to start with a simple Moving Average crossing system (eg. 18 & 45 EMA). You also need to determine if you want to be a day or swing trader.

I wish you all the best.
  • #47,266
  • Dec 28, 2007 2:57am Dec 28, 2007 2:57am
Quoting Ibuks
Hi Noble,

If you are waiting for a signal from somebody...it may be a bit late before you get it as you cannot be on your system 24/7.

Why not develop a system that suits you. Simple one that you can follow and then build up from there. You can start again with mini account...like 0.01 lot to rebuild your confidence. You need to be experience to follow the calls from this thread as you may end up loosing more if you dont have a system of your own.

To start with, I can advice you to start with a simple Moving Average crossing system (eg. 18 & 45 EMA). You also need to determine if you want to be a day or swing trader.

I wish you all the best.
How do I use these MAs thanks
  • #47,267
  • Dec 28, 2007 3:01am Dec 28, 2007 3:01am
Quoting Ibuks
Hi Noble,

If you are waiting for a signal from somebody...it may be a bit late before you get it as you cannot be on your system 24/7.

Why not develop a system that suits you. Simple one that you can follow and then build up from there. You can start again with mini account...like 0.01 lot to rebuild your confidence. You need to be experience to follow the calls from this thread as you may end up loosing more if you dont have a system of your own.

To start with, I can advice you to start with a simple Moving Average crossing system (eg. 18 & 45 EMA). You also need to determine if you want to be a day or swing trader.

I wish you all the best.

Hi Ibuks.. I'm a newbie.
Just wanna say: U give good motivation.... I'm sure this mean a lot for those who just start to trade...
Never Give Up.....
  • #47,268
  • Dec 28, 2007 3:12am Dec 28, 2007 3:12am
Quoting nobleolagoke
How do I use these MAs thanks
Hi Noble,

I guess that you are new to forex and trading as a whole.

Your first start should be to read simple stuff from websites that explains dynamics of trading. You can try reading some of the forums here on FF for newbies and www.investopia.com will also be a good place to start.

Read some of the fundamentals of trading (Basic foundation of trading) and then start to practice on demo. When you start to do this, reading threads like this will then begin to help you.

As an example, Moving Averages (MA) are very powerful tools learnts as part of the foundation of trading. When lower MA crosses Longer MA up, its a sign that price may go up and if it crosses it down, it is a sign that price may go down.

There is a lot to do to get the proper gist of the foundation which is available on this site. I will therefore advice that you go through some of them, practise and ask question. Get a buddy if you can, attend trainings if you can afford it... before getting into it.

I hope this help. God bless you.
  • #47,269
  • Dec 28, 2007 3:13am Dec 28, 2007 3:13am
i guess 9978 is a good area to sell..
just my opinion.
"Invest With The Insiders, Not The Masses" George Muzea
  • #47,270
  • Dec 28, 2007 3:13am Dec 28, 2007 3:13am
I"m a newbie...
i've been watching this thread for few months...

would like to say hello for QS, Debooo, Forexguru, Fxdaily and all of U who's using this thread.

I think that U all are good... even there's different opinion & the way of trade

Hope I could learn from U.... and be like U..
Never Give Up.....
  • #47,271
  • Dec 28, 2007 3:23am Dec 28, 2007 3:23am
change your mind again, or it's still 2007, not next year?

Quoting forexguru
at last you get the point, cable will never see 2.000 for the next years
  • #47,272
  • Dec 28, 2007 3:27am Dec 28, 2007 3:27am
My charts tell me that today it is
UP CABLE UP
in trend.
Just my opinion...
  • #47,273
  • Dec 28, 2007 3:29am Dec 28, 2007 3:29am
Quoting lessy
I"m a newbie...
i've been watching this thread for few months...

would like to say hello for QS, Debooo, Forexguru, Fxdaily and all of U who's using this thread.

I think that U all are good... even there's different opinion & the way of trade

Hope I could learn from U.... and be like U..
Lessy you re welcome here !
  • #47,274
  • Dec 28, 2007 3:31am Dec 28, 2007 3:31am
Quoting Ibuks
Hi Noble,

If you are waiting for a signal from somebody...it may be a bit late before you get it as you cannot be on your system 24/7.

Why not develop a system that suits you. Simple one that you can follow and then build up from there. You can start again with mini account...like 0.01 lot to rebuild your confidence. You need to be experience to follow the calls from this thread as you may end up loosing more if you dont have a system of your own.

To start with, I can advice you to start with a simple Moving Average crossing system (eg. 18 & 45 EMA). You also need to determine if you want to be a day or swing trader.

I wish you all the best.
Who told you about the 18 & 45, and what's the significance of that? I use the standard 6 and 12 EMA.
  • #47,275
  • Dec 28, 2007 3:41am Dec 28, 2007 3:41am
Quoting dogberry
change your mind again, or it's still 2007, not next year?
maybe next year but as I see euro is very bullish and this might take pound with it, longer term is bullish for today.
  • #47,276
  • Dec 28, 2007 3:44am Dec 28, 2007 3:44am
down..down..

I'm still out.. see you all next week.
"Invest With The Insiders, Not The Masses" George Muzea
  • #47,277
  • Dec 28, 2007 3:46am Dec 28, 2007 3:46am
Quoting dogberry
change your mind again, or it's still 2007, not next year?
I would never changed my mind if forex trading was not also changing it's own mind as well, we have to adjust of what prices and analysis are telling us at the moment.
  • #47,278
  • Dec 28, 2007 3:49am Dec 28, 2007 3:49am
Quoting Qu|cksilver
down..down..

I'm still out.. see you all next week.
Happy New Year to you and see you next year.

still:

up..up..
  • #47,279
  • Dec 28, 2007 3:52am Dec 28, 2007 3:52am
hi, Fxdaily, do you think caple will break 1.9984 before it comes down, considering so bullish euro?

Quoting FXdaily
Lessy you re welcome here !
  • #47,280
  • Dec 28, 2007 3:53am Dec 28, 2007 3:53am
Quoting FXdaily
I Enjoy my SHORTS Positions and getting ready shoot 1.98 area ....
...still enjoying your short since 9908?
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