The quality of your life is brought about by the quality of your thinking.
Cable Update (GBPUSD)
- #62,542
- Apr 23, 2008 9:36am Apr 23, 2008 9:36am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
- #62,543
- Apr 23, 2008 9:38am Apr 23, 2008 9:38am
- Joined Mar 2007 | Status: Trader | 1,086 Posts
The quality of your life is brought about by the quality of your thinking.
- #62,544
- Apr 23, 2008 9:43am Apr 23, 2008 9:43am
- | Membership Revoked | Joined Aug 2006 | 11,977 Posts
but my entery was perfect as u can see ....pin point ..and confluence of factors ...pity i exit thou ......lol but im still learning and i value his knowledge and experience so am happy to take that chance, but it was excellent entery
Wouldn't you off been better jumping in the down channel @1.9890 when it formed for 100+ pips rather than trying to pick a risky bottom on a bearish day.
Either way congrat's on your profit
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
- #62,545
- Apr 23, 2008 9:51am Apr 23, 2008 9:51am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
Or maybe you just got lucky for once.
Wouldn't you off been better jumping in the down channel @1.9890 when it formed for 100+ pips rather than trying to pick a risky bottom on a bearish day.
Either way congrat's on your profit
one other thing there is no trend right now , we simply bouncing from 2 extremes ....
- #62,546
- Apr 23, 2008 9:56am Apr 23, 2008 9:56am
- | Membership Revoked | Joined Aug 2006 | 11,977 Posts
There is no day to day trend sadly, but I'm more than happy with intraday moves like this one today and yesterday, like you say if your at work ( or asleep like I used to be ) then your going to miss them.
I did short it, but fxcm let me down, shoulda got back in doh!!! So no trades as yet
But watching and building confidence is good.
I did short it, but fxcm let me down, shoulda got back in doh!!! So no trades as yet
But watching and building confidence is good.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
- #62,548
- Apr 23, 2008 10:39am Apr 23, 2008 10:39am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
There is no day to day trend sadly, but I'm more than happy with intraday moves like this one today and yesterday, like you say if your at work ( or asleep like I used to be ) then your going to miss them.
I did short it, but fxcm let me down, shoulda got back in doh!!! So no trades as yet
But watching and building confidence is good.
what yah waiting for.....no good signal yet?
- #62,550
- Apr 23, 2008 11:14am Apr 23, 2008 11:14am
hi guys.. for the following reasons i think we may see a test of 1.9620s before we head up:
1. Daily chart outside bearish candle on monday confirmed by the daily candle on tuesday
2. Monthly chart: bearish pin bar
let see tho
- #62,552
- Apr 23, 2008 11:52am Apr 23, 2008 11:52am
- | Joined Dec 2007 | Status: Senior Member | 1,461 Posts
Trading is 80% Emotional, 20% Technical
- #62,553
- Apr 23, 2008 11:54am Apr 23, 2008 11:54am
- Joined Mar 2007 | Status: Trader | 1,086 Posts
Trying to save my day.....
Short at 1.9815.
15 pips SL
The quality of your life is brought about by the quality of your thinking.
- #62,556
- Apr 23, 2008 12:39pm Apr 23, 2008 12:39pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
We are in "no mans land" and all hoping for opposite direction. Good Luck
i was long but i canceled the trade ...this might be like a falling wedge or flag or whatever, i think the market is relieving itself to make another move down cause by now, nothing to indicate bulls are even fighting.....
what yah guys think? maybe even some diverence showing there...
- #62,557
- Apr 23, 2008 12:47pm Apr 23, 2008 12:47pm
i was long but i canceled the trade ...
- #62,558
- Apr 23, 2008 12:52pm Apr 23, 2008 12:52pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
Well I'm still long... lets see. I do think that it might go down a bit because there is no indication at all of buying interest. Have market order for long at 1.9750. I must also stress that I trade interday, so do not feel any pressure for the market to move in my direction immediately
good for u ...i wish i was just like u, i seem to buckle everytime i place a trade, i seem to find myself exiting without no need at times...i really need to overcome this..feeling of fear in a trade
I have been watching your posts and your trade calls. You generally quite good at it, but you tend to let everyone on the forum question your judgement (sometimes to your own detriment).... Trust yourself. I think you are doing great.
- #62,560
- Edited 1:41pm Apr 23, 2008 1:21pm | Edited 1:41pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
The fear is always there.... The difference for me now is that i trade with such a low leverage. 100 pips is the equivalent of 1% of my account so i can let it run negative for quite a lot before i start feeling stressed. I also take my profits early on. I do not like to see it turn negative when it has been positive.... (this is against the general rule
I have been watching your posts and your trade calls. You generally quite good at it, but you tend to let everyone on the forum question your judgement (sometimes to your own detriment).... Trust yourself. I think you are doing great.
