Cable Update (GBPUSD)
sorry seejou i cant do that
it doesnt work anymore that hope you dont get disappointedbut if i find a new one i will share the old one with everyone and you guys will be shocked on how simple, safe and profitable it was...
i must be a fruitcakeI think the problem i face with trading are different to some/ most of u guys...i struggle with the fact that i hate to place a trade with huge stops..its like i cant accept risk and forex is like the riskest thing one can do
i come to realise it either going up or down and we just need to increase the probability of getting the decision right im fedup personally over the last 2 week ive had 10 winners in a row but i know when i get the loss it gonna wipe me out.....cause this market seem impossible to have tight stops
hopefully this week i can extend the winner so i can try prevent these issues
10 winners in a row! Whats going on nAVIN. After my 4 losses in a row I thought it might be a good idea to ask you to go short with some large ones, then I would have been quite happy to go Long, but you just f****d my new system up with your 10 winners disclosure
by the skin of my teeth bro unless i get over loss BS
I see that some of you guys are discouraged about the inconsistence of indicators in the quest to become a successful trader.
All indicators are basically just lines on a chart. It is how you, as a trader, react to those indicators that is important.
For every up signal there is an equally strong down signal. What worked last month may not work tomorrow. I have a trade that worked consistently from the first of this year up until the end of May. It has not worked since. The market evolves and so must we as traders. Thats why systems based on indicators do not work. They need the human element.
The traders that fail make predictions and when the market does not do what they expect they feel cheated, confused and afraid to react. As soon as you realize this unpredictability you will be on the road to trusting you instincts and becoming a trader.
When you realize that you are your own system you will see how some make it seem so simple.
Trust your self first, don't let anybody call trades for you but you. Work at placing trades where the price doesn't go against you more then a few pips and cut your losses quickly with no more then you can stand to loose. It is easy to come back from an 10 to 15 pip loss on several trades in a row. If price goes against you any more then that then your timing or direction is wrong to start with and you need to call better trades. You can always get right back in or reverse when the timing is right. The worst thing that can happen is getting caught in a negative trade you cannot close without pain.
The only trading system you can depend on is yourself.
\"May the Force be with You\" hehehehe
]]....The traders that fail make predictions and when the market does not do what they expect they feel cheated, confused and afraid to react. As soon as you realize this unpredictability you will be on the road to trusting you instincts and becoming a trader.
When you realize that you are your own system you will see how some make it seem so simple...
indies only tell where the price has been, not where it's going.
The best indi is recognition of price action. The best way to get rich in FX is to keep your money by cutting losses quickly....i.e. the MOMENT you realize you're wrong.
indies only tell where the price has been, not where it's going.
The best indi is recognition of price action. The best way to get rich in FX is to keep your money by cutting losses quickly....i.e. the MOMENT you realize you're wrong.
