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Cable Update (GBPUSD)

  • #85,601
  • Sep 3, 2008 1:54am Sep 3, 2008 1:54am
Quoting micho
not yet bro

im winning 200 pips on small lots and losing on big lots cause im scared of my untested system but hope for the best
lek micho fik ya zalame
at retracements sell normal amounts
ya3ne if u cant trade with the obvious trend
badak kafein
  • #85,602
  • Sep 3, 2008 1:56am Sep 3, 2008 1:56am
Quoting micho
its still early to go short but nice price though
my thoughts exactly
  • #85,603
  • Sep 3, 2008 2:00am Sep 3, 2008 2:00am
Quoting boxingislife
lek micho fik ya zalame
at retracements sell normal amounts
ya3ne if u cant trade with the obvious trend
badak kafein

well they recommend trading maximum 4% means if u have 10 000$ , u play with 0.4 but im playing with 1 full lot and getting scared out. yesterday i played with 1 lot, price went 1 pip below my stop loss then went at BE then went 150 pips down...

the day before i played 0.2 lot price went below my stop loss and i got 200 pips cause i wasnt scared
When life gives you lemons, make lemonade
  • #85,604
  • Sep 3, 2008 2:03am Sep 3, 2008 2:03am
Quoting salah k.
yalla baseeeta
i dont mean to be all philosophical and shit
but can't u test on a demo first and then move it to the real account
i will test it soon, its very effective with trending markets but hard to be coded. i made a visual test on 2008, i need to do more
When life gives you lemons, make lemonade
  • #85,605
  • Sep 3, 2008 2:04am Sep 3, 2008 2:04am
Quoting mr.leahy
my thoughts exactly
if u like take profit now and resell at 50 it will go up again i think
When life gives you lemons, make lemonade
  • #85,606
  • Sep 3, 2008 2:29am Sep 3, 2008 2:29am
I gusse price will go up just for waiting result of NEWS

and then action will happen

Just gusse
Never sell @ lower upward channel unless breacked and vise versa .
  • #85,607
  • Sep 3, 2008 2:40am Sep 3, 2008 2:40am
Quoting WedWed
I gusse price will go up just for waiting result of NEWS

and then action will happen

Just gusse
maybe baby
When life gives you lemons, make lemonade
  • #85,608
  • Sep 3, 2008 2:57am Sep 3, 2008 2:57am
I started forex live account 3 Sept 2008 with 1167usd banked in to IBFX.

Total Trades: 113

Short Positions (won %): 66 (78.79%)
Long Positions (won %): 47 (51.06%)
Profit Trades (% of total): 76 (67.26%)
Loss trades (% of total): 37 (32.74%)

Gross Profit: 637.93 Gross Loss: 855.49

Total Net Profit: -217.56

What i found is when i trade 1 pip 1 usd, i can win easily but when i trade 1 pip 5 usd, all lost.

Can anyone tell me what should i do?
  • #85,609
  • Sep 3, 2008 2:58am Sep 3, 2008 2:58am
I think we're close to a point where a few heavys will want to cover @ 17666 and 17640.

Certainly not an end to a trend, but a point of reflection.
  • #85,610
  • Sep 3, 2008 2:58am Sep 3, 2008 2:58am
If I overpost - please let me know !

Nice trading ! (PIPPING)
Jesus Christ is my only Lord !
  • #85,611
  • Sep 3, 2008 3:06am Sep 3, 2008 3:06am
Quoting spathi
I started forex live account 3 Sept 2008 with 1167usd banked in to IBFX.



What i found is when i trade 1 pip 1 usd, i can win easily but when i trade 1 pip 5 usd, all lost.

Can anyone tell me what should i do?
Did you start to get scared with the higher amounts and stop your trades in a loss position rather than waiting for a retutrn to profit?

I know I have had that problem when I start increasing my lot amount and will panic when it starts to go bad instead of waiting for it to follow the trend.
Take what you can... Give nothin back.
  • #85,612
  • Sep 3, 2008 3:08am Sep 3, 2008 3:08am
Quoting forexlion
GBPUSD New Target 1.7049
Im hoping to enter a longterm Short position in GBPUSD after today's SERVICES PMI . For that matter i want to position Longterm Sell against all USD pair like USDCHF(buy), EUR, GBP, AUD, NZD.

or perhaps wait for this week and check how NFP goes to install the longterm Sells, Maybe bad NFP could change the entire Monthly candles to Uptrend.
  • #85,613
  • Sep 3, 2008 3:09am Sep 3, 2008 3:09am
Quoting spathi
I started forex live account 3 Sept 2008 with 1167usd banked in to IBFX.

Total Trades: 113

Short Positions (won %): 66 (78.79%)
Long Positions (won %): 47 (51.06%)
Profit Trades (% of total): 76 (67.26%)
Loss trades (% of total): 37 (32.74%)

Gross Profit: 637.93 Gross Loss: 855.49

Total Net Profit: -217.56

What i found is when i trade 1 pip 1 usd, i can win easily but when i trade 1 pip 5 usd, all lost.

Can anyone tell me what should i do?
um if your info is accurate then you have taken 113 trades today lol perhaps fewer trades? other than that your question is too big, research trading systems and find one that works for u also it takes at least a year imo to learn to trade successfully, year of live trading. I thought I knew how after a few months live but there is no substitute for experience
  • #85,614
  • Sep 3, 2008 3:11am Sep 3, 2008 3:11am
Quoting spathi

What i found is when i trade 1 pip 1 usd, i can win easily but when i trade 1 pip 5 usd, all lost.

Can anyone tell me what should i do?

I would go back to 1usd =1 pip for longer time

to double the account
Jesus Christ is my only Lord !
  • #85,615
  • Sep 3, 2008 3:14am Sep 3, 2008 3:14am
Quoting mr.leahy
um if your info is accurate then you have taken 113 trades today lol perhaps fewer trades? other than that your question is too big, research trading systems and find one that works for u also it takes at least a year imo to learn to trade successfully, year of live trading. I thought I knew how after a few months live but there is no substitute for experience
opsss, its 13 August 2008 i started.

113 trades in 3 weeks is it too much trades?
  • #85,616
  • Sep 3, 2008 3:14am Sep 3, 2008 3:14am
at least this time i didnt miss the boat...
When life gives you lemons, make lemonade
  • #85,617
  • Sep 3, 2008 3:17am Sep 3, 2008 3:17am
Quoting spathi
I started forex live account 3 Sept 2008 with 1167usd banked in to IBFX.

Total Trades: 113

Short Positions (won %): 66 (78.79%)
Long Positions (won %): 47 (51.06%)
Profit Trades (% of total): 76 (67.26%)
Loss trades (% of total): 37 (32.74%)

Gross Profit: 637.93 Gross Loss: 855.49

Total Net Profit: -217.56

What i found is when i trade 1 pip 1 usd, i can win easily but when i trade 1 pip 5 usd, all lost.

Can anyone tell me what should i do?
What should u do? hehe, stick with some kind of money management, or say like trade 10% you balance per trade, and when it truly comes to a level where you can trade 5$/10$/100$ per pip by way of 10% ... then maybe the sweat on the forehead will be less and the extra hard work to put up big money stake trades will pay off...

Ask me, ive made 200% and evene 2000% trading cents, but even my most carefull executed 5lot trades on 1:500 leverage had failed and im back to trading on a 250$ balance again
  • #85,618
  • Sep 3, 2008 3:18am Sep 3, 2008 3:18am
what is your next target peoples?
When life gives you lemons, make lemonade
  • #85,619
  • Sep 3, 2008 3:22am Sep 3, 2008 3:22am
Quoting micho
what is your next target peoples?
1st 1,7635, then 1,7585
  • #85,620
  • Sep 3, 2008 3:24am Sep 3, 2008 3:24am
Quoting mr.leahy
I thought I knew how after a few months live but there is no substitute for experience
Your extremely right.
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