Change Target 1,9215
and StopLoss 1,9485
and StopLoss 1,9485
Cable Update (GBPUSD)
- #52,683
- Feb 7, 2008 4:34pm Feb 7, 2008 4:34pm
- Joined Apr 2007 | Status: USF Statistics | 2,248 Posts
...calm down,hope ur not goin to wipe out your demo account!
- #52,684
- Feb 7, 2008 4:35pm Feb 7, 2008 4:35pm
We can say goodbye to cable, he returned to his downtrend channel. Short, short and one more time short. Unless you can reverse your chart like Cesarnc's did it
Darkness lies one inch ahead..
- #52,687
- Feb 7, 2008 4:48pm Feb 7, 2008 4:48pm
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
Trade what you see, not what you think.
Tanked out my real account so have nothing really to loose, went long at 1.9514 not expecting the world to implode on the GBP/USD with no reason as the US news and ecomomy is in the bucket... I am now going with FXdaily as I did with jacobtrader on the short... If my entire accounts tanks out I will just have to start over and go from there... I hope that after breaking these eggs my next cake is huge, lol...
May the pips be with us all...
- #52,693
- Feb 7, 2008 5:40pm Feb 7, 2008 5:40pm
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
Trade what you see, not what you think.
- #52,694
- Feb 7, 2008 5:54pm Feb 7, 2008 5:54pm
- Joined Jul 2007 | Status: Senior Member | 1,553 Posts
some people like to learn the hard way I guess lol
I agree that a pull back is possible and even a full trend reversal up... I am a new trader and don't have the skills to do my own technical analysis so I am listening to all the experienced traders here to help with my trading decisions... If I had listened fully to jacobtrader I would be relaxing now feeling the "Bliss" but as it is I am again trying to make back my losses... It did not help that my broker raised the SL and TP to 51 P so I was basically locked into my trade... I am short at 1.9431 and hoping for the best, if my SL is hit then I will wait for a "Confirmed" reversal before entering again... I agree it is a bold move but considering how the market tanked so hard it is not out fo the question for it to continue down after a small pull back...
Never mind closed it with profit, now waiting to see what the market will do before getting in.... You are all the best thank you... I would like to learn how to do technical analysis is there a course or book anyone could recommend??? I will wait and see what jacobtrader thinks is going to happen and an overall consensus by the traders here... I lost 75% of my trading account so taking baby steps now...
I don't want to learn the hard way any more, thank you all for your much appreciated help and advice...
Thanks sDRs, jocobtrader, TraderJR and Karmostaji I am reading your trading strat now...
May the pips be with us all...
Never mind closed it with profit, now waiting to see what the market will do before getting in.... You are all the best thank you... I would like to learn how to do technical analysis is there a course or book anyone could recommend??? I will wait and see what jacobtrader thinks is going to happen and an overall consensus by the traders here... I lost 75% of my trading account so taking baby steps now...
I don't want to learn the hard way any more, thank you all for your much appreciated help and advice...
Thanks sDRs, jocobtrader, TraderJR and Karmostaji I am reading your trading strat now...
May the pips be with us all...
I agree that a pull back is possible and even a full trend reversal up... I am a new trader and don't have the skills to do my own technical analysis so I am listening to all the experienced traders here to help with my trading decisions... If I had listened fully to jacobtrader I would be relaxing now feeling the "Bliss" but as it is I am again trying to make back my losses... It did not help that my broker raised the SL and TP to 51 P so I was basically locked into my trade... I am short at 1.9431 and hoping for the best, if my SL is hit then I will wait for a "Confirmed" reversal before entering again... I agree it is a bold move but considering how the market tanked so hard it is not out fo the question for it to continue down after a small pull back...
Never mind closed it with profit, now waiting to see what the market will do before getting in.... You are all the best thank you... I would like to learn how to do technical analysis is there a course or book anyone could recommend??? I will wait and see what jacobtrader thinks is going to happen and an overall consensus by the traders here... I lost 75% of my trading account so taking baby steps now...
I don't want to learn the hard way any more, thank you all for your much appreciated help and advice...
Thanks sDRs, jocobtrader, TraderJR and Karmostaji I am reading your trading strat now...
May the pips be with us all...
- #52,700
- Feb 7, 2008 6:20pm Feb 7, 2008 6:20pm
- Joined Jul 2007 | Status: Senior Member | 1,553 Posts
Thank you,
Abuawad, FXdaily and everyone....