[quote=Tiger Hunter;2217133]hi guys missed posting here :
i hope you guys try not trade against the trend
and put in your mind the fundamental aspect too.
here is my chart describe trend direction as everyone know the trend are up big time..
between you and me i ask myself sometimes why most of you guys trade against the trend , i hope you are not enjoy losess...( just kidding with you respectful traders).
i posted here the 4 hr chart and we all know how the 4hr chart is powerful to detect the trend continuation & anticipate the trend direction (quote)
No offence but you have to remember why this trend is up .
The Lehman bail out news over the last two days has sent the gbpjpy up off a double bottom . This could also be some form of channel forming.
and now this
As U.S. Treasury officials made it clear the government will not bail out Lehman Bros., the Federal Reserve Bank of New York met Friday night with Wall Street executives in an effort to forestall the collapse of the investment firm and shore up rapidly weakening financial markets.
and this
http://forex.tradingcharts.com/quote...&Submit=Submit
.. currently price 191.8
the market is being totally manipulated right now. I just pray not to many held over the weekend and not if they did they did not over leverage their accounts
we are in the same situation as last week ..... but maybe in reverse.
I have mentioned time and time again about over leveraging accounts. It is the thing that destroys accounts. If you only traded with 1.5% of your account even if you had a 400 pips gap you only lose 6%... not the entire account
If you play a dangerous game then you must manage the risk and holding gj over the weekend is not trading ...it is GAMBLING
i hope you guys try not trade against the trend
and put in your mind the fundamental aspect too.
here is my chart describe trend direction as everyone know the trend are up big time..
between you and me i ask myself sometimes why most of you guys trade against the trend , i hope you are not enjoy losess...( just kidding with you respectful traders).
i posted here the 4 hr chart and we all know how the 4hr chart is powerful to detect the trend continuation & anticipate the trend direction (quote)
No offence but you have to remember why this trend is up .
The Lehman bail out news over the last two days has sent the gbpjpy up off a double bottom . This could also be some form of channel forming.
and now this
As U.S. Treasury officials made it clear the government will not bail out Lehman Bros., the Federal Reserve Bank of New York met Friday night with Wall Street executives in an effort to forestall the collapse of the investment firm and shore up rapidly weakening financial markets.
and this
http://forex.tradingcharts.com/quote...&Submit=Submit
.. currently price 191.8
the market is being totally manipulated right now. I just pray not to many held over the weekend and not if they did they did not over leverage their accounts
we are in the same situation as last week ..... but maybe in reverse.
I have mentioned time and time again about over leveraging accounts. It is the thing that destroys accounts. If you only traded with 1.5% of your account even if you had a 400 pips gap you only lose 6%... not the entire account
If you play a dangerous game then you must manage the risk and holding gj over the weekend is not trading ...it is GAMBLING
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