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Cable Update (GBPUSD)

  • #58,101
  • Mar 13, 2008 6:30am Mar 13, 2008 6:30am
5mins LOL, no 1 minute, but I've got a pretty good SMA / Bollinger band / Envelope system which gives me a good range and trend indication.

Yes it took me awhile to get my head around it, which I've only just cracked!
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Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #58,102
  • Mar 13, 2008 6:33am Mar 13, 2008 6:33am
Quoting nAVIN2007
so u think we going down ...i lossing money like crazy at the moment 3 bad trades in a row....ll to go in same direction too ...long
dont know dude but it seems to me like u are entering the market all the time

y man?

u know theres no obligation to do that plus it will get u paranoid and stressfull and make u lose money.
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #58,103
  • Mar 13, 2008 6:34am Mar 13, 2008 6:34am
So Navin, are you trying to day trade off a 4hour chart ??

Swing trades only off that, with 50 - 100pip stops and likely some averaging down/up strategy.

Come to the dark side M1 is where it's at!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #58,104
  • Mar 13, 2008 6:39am Mar 13, 2008 6:39am
Like Salah says, think like a sniper, lie in wait waiting for that perfect shot, take the shot.

Any other way is just feeding your addiction to trade ( been there done that cost me dear ), it's always going to create a 1 step forwards 2 steps back cashing sucking out of your account bad mental attitude bla bla bla.

Still demo today yes ?
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #58,105
  • Mar 13, 2008 6:40am Mar 13, 2008 6:40am
Quoting salah k.
dont know dude but it seems to me like u are entering the market all the time

y man?

u know theres no obligation to do that plus it will get u paranoid and stressfull and make u lose money.
I know it seems this way but i was thinking for sure its going up..I just trying different thinks...but trade always the big picture but im just trying to fine tune entries b4 monday ...
If i was live i really wont have entered twice already...im just playing getting a feel for the market and such
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  • #58,106
  • Mar 13, 2008 6:45am Mar 13, 2008 6:45am
Quoting Turveyd
Like Salah says, think like a sniper, lie in wait waiting for that perfect shot, take the shot.

Any other way is just feeding your addiction to trade ( been there done that cost me dear ), it's always going to create a 1 step forwards 2 steps back cashing sucking out of your account bad mental attitude bla bla bla.

Still demo today yes ?

yeah ...still demo ..
i like yur analogy
  • #58,107
  • Mar 13, 2008 6:45am Mar 13, 2008 6:45am
In demo mode, hammer the trades as much as you like best way to gain experience.

Remember when your live to still use the demo account either along side or to work on specific issues.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #58,108
  • Mar 13, 2008 6:49am Mar 13, 2008 6:49am
Quoting Turveyd
In demo mode, hammer the trades as much as you like best way to gain experience.

Remember when your live to still use the demo account either along side or to work on specific issues.
sice yesterday i made more than 300 pips ...good shit huh!
  • #58,109
  • Mar 13, 2008 6:53am Mar 13, 2008 6:53am
Keep up 300pips and retired and multi millionaire for the end of the decade easy.

Sadly I only had 30mins spare to trade yesterday, missed a good and predictable day
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #58,110
  • Mar 13, 2008 7:18am Mar 13, 2008 7:18am
Could have a issue with my credit card which was going to fund this, paid 10K off it last wednesday with a cheque and today its saying your balance is £6 you have reached your limit.

Has it just not proccessed fully yet ?? or have they reduced my credit limit to £6 LOL


£6 limit, not alot of use hey!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #58,111
  • Mar 13, 2008 7:20am Mar 13, 2008 7:20am
News and LOTS off in 10mins people!!!


* role on UK clocks changing to bring us back to 1:30pm for news *
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #58,112
  • Mar 13, 2008 7:21am Mar 13, 2008 7:21am
Quoting Turveyd
Could have a issue with my credit card which was going to fund this, paid 10K off it last wednesday with a cheque and today its saying your balance is £6 you have reached your limit.

Has it just not proccessed fully yet ?? or have they reduced my credit limit to £6 LOL


£6 limit, not alot of use hey!!
sounds like credit crunch in UK
lol just kidding
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #58,113
  • Mar 13, 2008 7:27am Mar 13, 2008 7:27am
BIG TIME, wouldn't of bother to pay it off if they where going to stop me using it.

Hopefully all sorted for tommorow, but I'm naturally paranoid LOL
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #58,114
  • Mar 13, 2008 7:35am Mar 13, 2008 7:35am
wow dollar just keeps witnessing bad number after number.
i wonder what the americans are thinking at the moment?????????
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #58,115
  • Mar 13, 2008 7:37am Mar 13, 2008 7:37am
Stay frosty Salah, don't react to the initial randomness wait for a plan / pattern to form.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #58,116
  • Mar 13, 2008 7:50am Mar 13, 2008 7:50am
Quoting salah k.
wow dollar just keeps witnessing bad number after number.
i wonder what the americans are thinking at the moment?????????

That this is the biggest and most profound collection of nincompoops, fops, idiots, and assclowns in one administration that we've experienced in several decades.

There's even the hope that our next president will be fluent in at least one language.
"I know how hard it is for you to put food on your family." George W. Bush
  • #58,117
  • Mar 13, 2008 7:52am Mar 13, 2008 7:52am
Who say up and who say down
  • #58,118
  • Mar 13, 2008 7:54am Mar 13, 2008 7:54am
heads
  • #58,119
  • Mar 13, 2008 7:55am Mar 13, 2008 7:55am
Quoting MarcoW
That this is the biggest and most profound collection of nincompoops, fops, idiots, and assclowns in one administration that we've experienced in several decades.

There's even the hope that our next president will be fluent in at least one language.
I have a new bumper sticker which has g w's picture on it and it says:
' Tailgaterists should be punishized'

so far nobody has vandalized my car which shows that people agree that he is a window licker (apologies to other window lickers)

Things can only get better... I am slowly picking up some beaten down US shares for 1 or 2 years time

I see 2.11 on the far horizon but not more and i will be dumping my GBP bank accounts at 2.07
  • #58,120
  • Mar 13, 2008 7:55am Mar 13, 2008 7:55am
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