"what doesn't bankrupt me, makes me stronger" modern nietzche
Cable Update (GBPUSD)
- #70,903
- Jun 13, 2008 4:14pm Jun 13, 2008 4:14pm
- Joined Apr 2007 | Status: Trader | 2,387 Posts
"what doesn't bankrupt me, makes me stronger" modern nietzche
- #70,904
- Jun 13, 2008 4:50pm Jun 13, 2008 4:50pm
- Joined Jan 2008 | Status: Only God Can Judge Me | 2,467 Posts
- #70,905
- Jun 13, 2008 5:27pm Jun 13, 2008 5:27pm
- Joined Apr 2007 | Status: Trader | 2,387 Posts
"what doesn't bankrupt me, makes me stronger" modern nietzche
- #70,906
- Jun 13, 2008 6:38pm Jun 13, 2008 6:38pm
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
I hope everyone has had a good weeks trading.
Its been a real good week on cable for me .
We have got a bullish pin today which signals the end to the current run down. There is a bearish Outside bar on the weekly coming off very close to that major falling TL which would suggest more set backs overall. I suppose that major weekly falling TL needs to be touched and tested at some point to prove its worth as its only a 2 point touch right now.
In fact the Dollar has gained strength across the board as the Fed signal an end to rate cuts and homes in on inflation which must be ripping away right now way more than the numbers suggest. Whether they mean it or not is another story...but Oil certainly looks stopped in in its tracks.
When you look at the daily chart on price action this year it has been distinctly flat range bound but in general working down.
The thorn in the side right now is the Daily USD-CAD Pin I took which given the material I have been learning should not be the case. I have not played it well as I noticed a 4hr TBLHC right off were you would expect price to stop on breaking the Pin.
Its been a real good week on cable for me .
We have got a bullish pin today which signals the end to the current run down. There is a bearish Outside bar on the weekly coming off very close to that major falling TL which would suggest more set backs overall. I suppose that major weekly falling TL needs to be touched and tested at some point to prove its worth as its only a 2 point touch right now.
In fact the Dollar has gained strength across the board as the Fed signal an end to rate cuts and homes in on inflation which must be ripping away right now way more than the numbers suggest. Whether they mean it or not is another story...but Oil certainly looks stopped in in its tracks.
When you look at the daily chart on price action this year it has been distinctly flat range bound but in general working down.
The thorn in the side right now is the Daily USD-CAD Pin I took which given the material I have been learning should not be the case. I have not played it well as I noticed a 4hr TBLHC right off were you would expect price to stop on breaking the Pin.
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #70,907
- Jun 13, 2008 7:48pm Jun 13, 2008 7:48pm
- | Membership Revoked | Joined Aug 2006 | 11,977 Posts
I hope everyone has had a good weeks trading.
Its been a real good week on cable for me .
We have got a bullish pin today which signals the end to the current run down. There is a bearish Outside bar on the weekly coming off very close to that major falling TL which would suggest more set backs overall. I suppose that major weekly falling TL needs to be touched and tested at some point to prove its worth as its only a 2 point touch right now.
In fact the Dollar has gained strength across the board as the Fed signal an end to rate cuts and homes in on inflation which must be ripping away right now way more than the numbers suggest. Whether they mean it or not is another story...but Oil certainly looks stopped in in its tracks.
When you look at the daily chart on price action this year it has been distinctly flat range bound but in general working down.
The thorn in the side right now is the Daily USD-CAD Pin I took which given the material I have been learning should not be the case. I have not played it well as I noticed a 4hr TBLHC right off were you would expect price to stop on breaking the Pin.
3 wins for 3 trades here bones, only chump change sadly, but the brain is able to think logically about trades with zero emotion / fear attached, ohhh do XXXX and hey presto instant cash in my account
Sadly, it's only had this moment of clarity 3 times all week, but in time I hope for 4 or 5 trades per week
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
- #70,909
- Jun 13, 2008 8:18pm Jun 13, 2008 8:18pm
- Joined Aug 2007 | Status: I'm a Lemurians | 1,432 Posts
- #70,910
- Jun 14, 2008 12:22am Jun 14, 2008 12:22am
- | Joined Dec 2007 | Status: Trader | 3,220 Posts
Im still longing..
while watching Italy match.
p/s:I vote for france as euro cup champ.
I only trade XAU/USD. Based on USD news & Fib SR & BB20
- #70,911
- Jun 14, 2008 4:04am Jun 14, 2008 4:04am
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
I totally agree Turv you really only need a few trades a week to make decent money.I know I way over trade,lol
The interesting thing about emotion is , I have been demo trading USDX the last few weeks starting balance 5k .I have never had a demo account and opened it to watch $ Strength as it is not a chart I have as standard.
So while watchting it I chuck a trade on here and there when I see a set up and there absolutely no stress whatsoever and now the balance is now over 8.5K!!!
My conclusion is the same as yours ditch emotion and find success.
The interesting thing about emotion is , I have been demo trading USDX the last few weeks starting balance 5k .I have never had a demo account and opened it to watch $ Strength as it is not a chart I have as standard.
So while watchting it I chuck a trade on here and there when I see a set up and there absolutely no stress whatsoever and now the balance is now over 8.5K!!!
My conclusion is the same as yours ditch emotion and find success.
3 wins for 3 trades here bones, only chump change sadly, but the brain is able to think logically about trades with zero emotion / fear attached, ohhh do XXXX and hey presto instant cash in my account
Sadly, it's only had this moment of clarity 3 times all week, but in time I hope for 4 or 5 trades per week
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #70,912
- Jun 14, 2008 4:44am Jun 14, 2008 4:44am
- Joined Jan 2008 | Status: Only God Can Judge Me | 2,467 Posts
- #70,913
- Jun 14, 2008 4:52am Jun 14, 2008 4:52am
- Joined Apr 2007 | Status: Trader | 2,387 Posts
"what doesn't bankrupt me, makes me stronger" modern nietzche
- #70,914
- Jun 14, 2008 5:27am Jun 14, 2008 5:27am
- Joined Jan 2008 | Status: Only God Can Judge Me | 2,467 Posts
- #70,915
- Jun 14, 2008 1:56pm Jun 14, 2008 1:56pm
- Joined Apr 2007 | Status: Trader | 2,387 Posts
"what doesn't bankrupt me, makes me stronger" modern nietzche
- #70,916
- Jun 14, 2008 4:12pm Jun 14, 2008 4:12pm
- Joined Jan 2008 | Status: Only God Can Judge Me | 2,467 Posts
- #70,919
- Jun 15, 2008 12:29pm Jun 15, 2008 12:29pm
- Joined Jul 2007 | Status: Senior Member | 1,553 Posts
- #70,920
- Jun 15, 2008 5:57pm Jun 15, 2008 5:57pm
- | Joined Aug 2006 | Status: Trader | 1,151 Posts
yes bro they were just wat i needed to study about
thnx
im checking out the link for the 2nd book now
thnx again bro
off to eat mankoushe be back in 30min
bjiblak shi ma3e?
3moul ma3rouf khali ykatir el khodra fiya.
Salem hal dayet
