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Cable Update (GBPUSD)

  • #78,041
  • Jul 28, 2008 1:34am Jul 28, 2008 1:34am
hehe, I've been in that "phase" for at least 5 years!
TRADE FOR SWAP
  • #78,042
  • Jul 28, 2008 1:34am Jul 28, 2008 1:34am
Quoting Seaward22
I open a trade and put in a target 50% of the time. I sit and stare at the graphs so I can afford to close manually. But when you are trading most pairs short term for 20-50 pips, targets are a must.
..... it all depends on the risk you use and the time of entry... i never ever ever play without stop loss
When life gives you lemons, make lemonade
  • #78,043
  • Jul 28, 2008 1:36am Jul 28, 2008 1:36am
Quoting cgldsmth
well, I have consistently lost money in forex, principally through indiscipline and impatience. I'm learning from my mistakes and that's worth every £ I've lost so far.
play with demo then... hehehehehe
When life gives you lemons, make lemonade
  • #78,044
  • Jul 28, 2008 1:37am Jul 28, 2008 1:37am
Quoting cgldsmth
hehe, I've been in that "phase" for at least 5 years!
Damn, thats a long time, but if it pays off now its damn worth ah ?
  • #78,045
  • Jul 28, 2008 1:39am Jul 28, 2008 1:39am
Quoting cgldsmth
well, I have consistently lost money in forex, principally through indiscipline and impatience. I'm learning from my mistakes and that's worth every £ I've lost so far.
I have been there many a time myself. At one point, I lost 2/3 of my account, and was at the brink of margin call to wipe out the whole thing. And I am not one of those who have a small account with a couple of thousand of dollars. The loss was devastating and caused me to think that forex was not for me and I should quit. But patience and attentativeness turned things around, and now I have more than doubled my account.

Hang in there and be patient. Don't let the market intimidate you. It's a crazy market for sure. But you can still make money in it.
Expected the unexpected
  • #78,046
  • Jul 28, 2008 1:42am Jul 28, 2008 1:42am
I have not convinced by this upmove i will short near 199 if seen with tight SL
Momentum is completely flat, RSI at 50, stochs move too fast.
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  • #78,047
  • Jul 28, 2008 1:46am Jul 28, 2008 1:46am
hey guys we r on the bottom , will test the 60 area then go up as we failed to break the daily up trend
good luck
  • #78,048
  • Jul 28, 2008 1:47am Jul 28, 2008 1:47am
Quoting scyang
I have been there many a time myself. At one point, I lost 2/3 of my account, and was at the brink of margin call to wipe out the whole thing. And I am not one of those who have a small account with a couple of thousand of dollars. The loss was devastating and caused me to think that forex was not for me and I should quit. But patience and attentativeness turned things around, and now I have more than doubled my account.

Hang in there and be patient. Don't let the market intimidate you. It's a crazy market for sure. But you can still make money in it.
every month i get 25% profit off my account. it means if x was my account total

after 1 month: x + 25% * x
after 2 months: x + 25% * x + (x + 25% * x) * 25%
after 3 months: x + 25% * x + (x + 25% * x) * 25% + [ x + 25% * x + (x + 25% * x) * 25%] * 25%

and so on
When life gives you lemons, make lemonade
  • #78,049
  • Jul 28, 2008 1:49am Jul 28, 2008 1:49am
Quoting micho
every month i get 25% profit off my account. it means if x was my account total

after 1 month: x + 25% * x
after 2 months: x + 25% * x + (x + 25% * x) * 25%
after 3 months: x + 25% * x + (x + 25% * x) * 25% + [ x + 25% * x + (x + 25% * x) * 25%] * 25%

and so on

saba7o rayis
  • #78,050
  • Jul 28, 2008 1:50am Jul 28, 2008 1:50am
Quoting warta
saba7o rayis
sabahooooooooooooo m3allim ( in english : good morning master)

LOOOOOL
When life gives you lemons, make lemonade
  • #78,051
  • Jul 28, 2008 1:51am Jul 28, 2008 1:51am
Quoting micho
sabahooooooooooooo m3allim ( in english : good morning master)

LOOOOOL

hehe hows u micho ? man where is salah ? have u his number ? sarli zamen ma chefto hon
  • #78,052
  • Jul 28, 2008 1:53am Jul 28, 2008 1:53am
Quoting micho
every month i get 25% profit off my account. it means if x was my account total

after 1 month: x + 25% * x
after 2 months: x + 25% * x + (x + 25% * x) * 25%
after 3 months: x + 25% * x + (x + 25% * x) * 25% + [ x + 25% * x + (x + 25% * x) * 25%] * 25%

and so on
So Micho
After 2 years u should be a billionaire
  • #78,053
  • Jul 28, 2008 1:54am Jul 28, 2008 1:54am
Quoting DJ4x
So Micho
After 2 years u should be a billionaire
yep i think so
When life gives you lemons, make lemonade
  • #78,054
  • Jul 28, 2008 1:55am Jul 28, 2008 1:55am
Quoting warta
hehe hows u micho ? man where is salah ? have u his number ? sarli zamen ma chefto hon
oh i dunno man i didnt see him either

i dont have his number maybe he is asleep
When life gives you lemons, make lemonade
  • #78,055
  • Jul 28, 2008 1:56am Jul 28, 2008 1:56am
Quoting micho
yep i think so
Don't forget your poor buddies here when you are a billionnaire.
Expected the unexpected
  • #78,056
  • Jul 28, 2008 1:56am Jul 28, 2008 1:56am
Is anyone else seeing an inverted H&S forming on the 15 and 30 min chart? :nerd:
Don't Get Bitter, Get Better
  • #78,057
  • Jul 28, 2008 1:57am Jul 28, 2008 1:57am
Quoting micho
oh i dunno man i didnt see him either

i dont have his number maybe he is asleep
damn what a sleep for more than 1 week lol
hehe
hope he is well anyway we should share our numbers man incase one asleep looooool to dont miss the market
  • #78,058
  • Jul 28, 2008 2:00am Jul 28, 2008 2:00am
Quoting NuB
Is anyone else seeing an inverted H&S forming on the 15 and 30 min chart? :nerd:
usualy when i look for an action price or pattern formation i only follow it on the big time frame 4 h and up and if it come on a R or S and TL otherwize its not a valid signal to trade so if u can share ur chart bro
cheers
  • #78,059
  • Jul 28, 2008 2:01am Jul 28, 2008 2:01am
belekas hows u bro hope u r doing well
  • #78,060
  • Jul 28, 2008 2:04am Jul 28, 2008 2:04am
Quoting scyang
Don't forget your poor buddies here when you are a billionnaire.
loool ill give you some tips dont worry

come on... lets just wait 1 year and see how it goes i live day by day, i dont look too far
When life gives you lemons, make lemonade
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