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Cable Update (GBPUSD)

  • #96,761
  • Nov 10, 2008 11:11am Nov 10, 2008 11:11am
short from 10sma
please DON'T copy my trades I am still learning
  • #96,762
  • Nov 10, 2008 11:14am Nov 10, 2008 11:14am
Quoting ezmystic
short from 10sma
on 5min?
Jesus Christ is my only Lord !
  • #96,763
  • Nov 10, 2008 11:14am Nov 10, 2008 11:14am
Quoting ezmystic
it hit 5589, maybe it was close enough. i'm goig tp wait for another entry.
maybe that was the effect of that long ugly 1 hour candle on 6/11 at 12 when we had the news... it fucked the exact trend swing top
When life gives you lemons, make lemonade
  • #96,764
  • Nov 10, 2008 11:16am Nov 10, 2008 11:16am
Quoting hipcio
on 5min?
15 min sorry 10 ema
please DON'T copy my trades I am still learning
  • #96,765
  • Nov 10, 2008 11:17am Nov 10, 2008 11:17am
Quoting micho
maybe that was the effect of that long ugly 1 hour candle on 6/11 at 12 when we had the news... it fucked the exact trend swing top
could be, slow typing with 1 hand
please DON'T copy my trades I am still learning
  • #96,766
  • Nov 10, 2008 11:18am Nov 10, 2008 11:18am
Quoting ezmystic
15 min sorry 10 ema
any way it looks down
Attached Image (click to enlarge)
Click to Enlarge Name: corridor.gif Size: 17 KB
Jesus Christ is my only Lord !
  • #96,767
  • Nov 10, 2008 11:26am Nov 10, 2008 11:26am
right my my account is funded and now i ready to rip man i hope this account gives me more luck
  • #96,768
  • Nov 10, 2008 11:29am Nov 10, 2008 11:29am
Quoting nAVIN2007
right my my account is funded and now i ready to rip man i hope this account gives me more luck
hope so!!
When life gives you lemons, make lemonade
  • #96,769
  • Nov 10, 2008 11:31am Nov 10, 2008 11:31am
careful Navin - this market is psychotic

I cant make a buck right now - given all the huge moves in everything, anything can happen

Trouble is that successes are magnified right now - so the tendency to get cocky and then have big losses is very real
  • #96,770
  • Nov 10, 2008 11:37am Nov 10, 2008 11:37am
Quoting allserene
careful Navin - this market is psychotic

I cant make a buck right now - given all the huge moves in everything, anything can happen

Trouble is that successes are magnified right now - so the tendency to get cocky and then have big losses is very real
thats why i went 10p a pip...and still gonna trade with caution..i aint taking no risks but now when a setup arise at least i can manage the risk aspect of trade..i hope
  • #96,771
  • Nov 10, 2008 11:38am Nov 10, 2008 11:38am
I go short at 5643
GELORE
  • #96,772
  • Nov 10, 2008 11:42am Nov 10, 2008 11:42am
Quoting nAVIN2007
right my my account is funded and now i ready to rip man i hope this account gives me more luck
good luck nav buddy, and remember don't be nervous just be like a terminator, no emotion
please DON'T copy my trades I am still learning
  • #96,773
  • Nov 10, 2008 11:44am Nov 10, 2008 11:44am
Quoting ezmystic
good luck nav buddy, and remember don't be nervous just be like a terminator, no emotion
GELORE
  • #96,774
  • Nov 10, 2008 11:44am Nov 10, 2008 11:44am
UJ is falling like a coin from airplane...
  • #96,775
  • Nov 10, 2008 11:46am Nov 10, 2008 11:46am
Quoting nAVIN2007
right my my account is funded and now i ready to rip man i hope this account gives me more luck
Great job man, you'll do fine, just always have a plan, and if the market turns in an unexpected way be prepared to adapt your plan.
If I can make a suggestion, also maybe consider trading with longer timeframes, it's been working wonders for me the past couple of months!
  • #96,776
  • Nov 10, 2008 11:47am Nov 10, 2008 11:47am
Quoting nAVIN2007
thats why i went 10p a pip...and still gonna trade with caution..i aint taking no risks but now when a setup arise at least i can manage the risk aspect of trade..i hope
good thinking - sometimes a situation is a great setup and its just a question of waiting for it and then getting that s/l on - if we get stopped out after 20 seconds and then it does the huge move we were expecting, we just have to shrug - thats the trick and i reckon avoiding losses is number 1 - and then getting profits can be almost accidental and we have to take that nice profit without being greedy.

Seems to me its more about our own psychology than the technical skill - especially in these panicky times
  • #96,777
  • Nov 10, 2008 11:47am Nov 10, 2008 11:47am
Quoting nAVIN2007
right my my account is funded and now i ready to rip man i hope this account gives me more luck

I wish you the same good power as i desire for me!!... (i refund my account last friday.)

LUCK!!!!
  • #96,778
  • Nov 10, 2008 11:50am Nov 10, 2008 11:50am
Quoting micho
hey
we are forming a great gang really especially with eohater, mike, expert, kyen, infinity... and all the new comers!!!
Thanks again, a ton buddy...
I will work to Objectively Identify my Edges
  • #96,779
  • Nov 10, 2008 11:51am Nov 10, 2008 11:51am
Quoting allserene
good thinking - sometimes a situation is a great setup and its just a question of waiting for it and then getting that s/l on - if we get stopped out after 20 seconds and then it does the huge move we were expecting, we just have to shrug - thats the trick and i reckon avoiding losses is number 1 - and then getting profits can be almost accidental and we have to take that nice profit without being greedy.

Seems to me its more about our own psychology than the technical skill - especially in these panicky times
please DON'T copy my trades I am still learning
  • #96,780
  • Nov 10, 2008 11:54am Nov 10, 2008 11:54am
Quoting eohater
Good Job! I won't even think of trading GY.
Thanks EO... Word brother...
The more i play G.U. again, as I've been taught and the consistency
comes back in the less i could care about how big a win, (greed),
i could get that i have given back to G.J. time, and time again!

Navin, great to see your posts, trying to build back up as well!
Thx Again Eo...
Terrapin Pipper,

Jeff !
I will work to Objectively Identify my Edges
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