"Invest With The Insiders, Not The Masses"
George Muzea
Cable Update (GBPUSD)
- #47,642
- Jan 2, 2008 3:13am Jan 2, 2008 3:13am
- Joined Sep 2006 | Status: Trader | 2,163 Posts
Haha my bad. Short term bearish movement wasnt as deep as I expected.
I went long @ 1.9847, up 5 pips. =)
"Invest With The Insiders, Not The Masses"
George Muzea
- #47,644
- Jan 2, 2008 3:14am Jan 2, 2008 3:14am
Maybe... i already lock my profit incase market turn other way..
or not.Alan Greenspan called it market turbulence and others will call it market failures
But they are all wrong.
You see when you fail to protect your profit/leave market or see what trouble lies ahead of you and allow to get caught up in turbulent wave we call it turbulence........this is common in a chaos.
With hope and greed sometime we stay in a wave and lost what we gain
and even enter loss.........then they will say it is a market failure.
Market cannot fail, because it is always there. It is like one of your doors is closed another one is open. You must have means to watch when one will close and the other opens, at different time frames.
Market failure for bull is a success for bear. We must have means
to look both ways and trade or change directions at the right moment.
- #47,646
- Jan 2, 2008 3:17am Jan 2, 2008 3:17am
- Joined Apr 2007 | Status: USF Statistics | 2,248 Posts
- #47,648
- Jan 2, 2008 3:18am Jan 2, 2008 3:18am
- Joined Apr 2007 | Status: USF Statistics | 2,248 Posts
- #47,649
- Jan 2, 2008 3:19am Jan 2, 2008 3:19am
- Joined Sep 2006 | Status: Trader | 2,163 Posts
[quote=fxbroker;1780239]Hey brother, how are you doing. Mrket cannot turn against you , because it does not even know whether you are trading or not.
quote]
I said "INCASE"
Always prepare for the UNEXPECTED.
or not.quote]
I said "INCASE"
Always prepare for the UNEXPECTED.
"Invest With The Insiders, Not The Masses"
George Muzea
" THE BRAIN IS LIKE A PARACHUTE ... WORKS BEST WHEN OPEN "
- #47,653
- Jan 2, 2008 3:34am Jan 2, 2008 3:34am
- Joined Apr 2007 | Status: USF Statistics | 2,248 Posts
that's it, market did not really respond to negative pound news.. price may drop a little and then all the way up
!!
- #47,656
- Jan 2, 2008 3:41am Jan 2, 2008 3:41am
- Joined Apr 2007 | Status: USF Statistics | 2,248 Posts
u mean the market will sell cable after 1 hour?
- #47,659
- Jan 2, 2008 3:44am Jan 2, 2008 3:44am
- Joined Apr 2007 | Status: USF Statistics | 2,248 Posts
- #47,660
- Jan 2, 2008 3:45am Jan 2, 2008 3:45am
- Joined Sep 2006 | Status: Trader | 2,163 Posts
"Invest With The Insiders, Not The Masses"
George Muzea