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Cable Update (GBPUSD)

  • #97,721
  • Nov 12, 2008 3:21pm Nov 12, 2008 3:21pm
Quoting micho
i dont want to repeat what happened with me....

had a system that literally creates money while i sleep... but god decided to take it away

It wasn't the almighty who went up her nighty
It was Roger the lodger the sod
  • #97,722
  • Nov 12, 2008 3:21pm Nov 12, 2008 3:21pm
Quoting Inzider
3 pips - lucky ya!
I haven't closed out yet for the loss! If she goes below the last 15m closed candle, my position will be closed for the loss. If the current 15m candle closes above the 10sma, I'll move my SL up. Unfortunatley, countertrend trades are risky to play with.
Just digging in the trenches like everyone else!
  • #97,723
  • Nov 12, 2008 3:22pm Nov 12, 2008 3:22pm
Quoting micho
i dont want to repeat what happened with me....

had a system that literally creates money while i sleep... but god decided to take it away
API's need constant modifications under different market conditions, I always laugh when I read up on peopel trying to sell their expert advisors for hundreds - at the same time, feeling sorry for those who buy into that BS.
  • #97,724
  • Nov 12, 2008 3:25pm Nov 12, 2008 3:25pm
i wonder what happens when the market gets back to normal
are we gonna keep making that much money or back to sideways and choppy action?
When life gives you lemons, make lemonade
  • #97,725
  • Nov 12, 2008 3:25pm Nov 12, 2008 3:25pm
Quoting eohater
I haven't closed out yet for the loss! If she goes below the last 15m closed candle, my position will be closed for the loss. If the current 15m candle closes above the 10sma, I'll move my SL up. Unfortunatley, countertrend trades are risky to play with.
im long at 4925
GELORE
  • #97,726
  • Nov 12, 2008 3:25pm Nov 12, 2008 3:25pm
Sound safe now!
Nice 56 pips move from 1.4900

I'm waiting for it to correct and then i'll maby take a long 1.4934.... we'll see.
  • #97,727
  • Nov 12, 2008 3:26pm Nov 12, 2008 3:26pm
Quoting eohater
I'll consider myself successful when I don't need to trade ever again and I have more than enough money for my life and my kids life time. That's my definition of success in this crazy industry.
yep..i dont ask for much but 15 lots definately would be great one day to trade...certainly would make a difference to my account

u know this may sound totally crazy but i trade because i love trading it actually isnt about the money for me..its just a bonus (when i make it ofcourse)

EO U SHOULD BE A STAR WARS...great instincts man!
  • #97,728
  • Nov 12, 2008 3:27pm Nov 12, 2008 3:27pm
Quoting Kyen
API's need constant modifications under different market conditions, I always laugh when I read up on peopel trying to sell their expert advisors for hundreds - at the same time, feeling sorry for those who buy into that BS.
yep i understand what u say but my story is different
i didnt buy a system, i coded one and back tested it for 10 years back...

etc etc etc... thats a dream that came true and disappeared, a real dream
When life gives you lemons, make lemonade
  • #97,729
  • Nov 12, 2008 3:28pm Nov 12, 2008 3:28pm
Quoting musani
im long at 4925
Good luck with your trade bro! I closed my long out for 25 pips and happy. I'm going to wait for the US Session to close before reentry. I might regret it, but we can't always make tons of pips.
Just digging in the trenches like everyone else!
  • #97,730
  • Nov 12, 2008 3:28pm Nov 12, 2008 3:28pm
Market change over years, then EA's whitout modifications are worthless... sad but true.
That's why manual trading still the only "sure" way to trade.
  • #97,731
  • Nov 12, 2008 3:29pm Nov 12, 2008 3:29pm
Quoting nAVIN2007
yep..i dont aslk for much but 15 lots definately would be great one day to trade...certainly would make a difference to my account

u know this may sound totally crazy but i trade because i love trading it actually isnt about the money for me..its just a bonus (when i make it ofcourse)
Navin, you need to try other hobbies! don't get me wrong, I enjoy trading, but it's more the thrill of being successful, and like eohater, once I've made enough, I'm done with trading, and I'll probably spend some time on my yacht!
Starting to feel like a broken record here, and I don't want to start any arguments- but I just want to take the oportunity to remind everyone to be careful with longs.
  • #97,732
  • Nov 12, 2008 3:31pm Nov 12, 2008 3:31pm
Quoting Inzider
Market change over years, then EA's whitout modifications are worthless... sad but true.
That's why manual trading still the only "sure" way to trade.
markets change i agree but i only needed 1 year to make 200k... it only worked 2 months with me...
When life gives you lemons, make lemonade
  • #97,733
  • Nov 12, 2008 3:32pm Nov 12, 2008 3:32pm
Quoting nAVIN2007
yep..i dont ask for much but 15 lots definately would be great one day to trade...certainly would make a difference to my account

u know this may sound totally crazy but i trade because i love trading it actually isnt about the money for me..its just a bonus (when i make it ofcourse)

EO U SHOULD BE A STAR WARS...great instincts man!
I enjoy trading just for the fun of it too. But I do take is seriously and I expect high results out of myself. That's the thing about trading, there is noone but yourself to push, no phone calls, no faxes, no consumer. Just you, your computer and solitude.

I like Star Wars! I think Lucas made some great movies. I wasn't geeked about his rerelease of the original Star Wars with all the cgi shit they added. But it's all good! I need many more years training with yoda before I could ever qualify!
Just digging in the trenches like everyone else!
  • #97,734
  • Nov 12, 2008 3:33pm Nov 12, 2008 3:33pm
4Hour chart - usd/cad - technical target 1,1760 (MAE200)
Attached Image (click to enlarge)
Click to Enlarge Name: headshoulderusdcad.jpg Size: 106 KB
Twitter: Forexlivetrade - Buy: AFFI.CPH ISIN: DK0015966592 - target 12 DKK
  • #97,735
  • Nov 12, 2008 3:34pm Nov 12, 2008 3:34pm
Quoting jckm
4Hour chart - usd/cad - technical target 1,1660
USDCAD is in a strong up trend, wake up
When life gives you lemons, make lemonade
  • #97,736
  • Nov 12, 2008 3:35pm Nov 12, 2008 3:35pm
Quoting jckm
4Hour chart - usd/cad - technical target 1,1760 (MAE200)
QUIT POSTING YOUR SHIT ABOUT OTHER PAIRS ON THIS THREAD!
Just digging in the trenches like everyone else!
  • #97,737
  • Nov 12, 2008 3:35pm Nov 12, 2008 3:35pm
Quoting spintrader
Navin, you need to try other hobbies! don't get me wrong, I enjoy trading, but it's more the thrill of being successful, and like eohater, once I've made enough, I'm done with trading, and I'll probably spend some time on my yacht!
Starting to feel like a broken record here, and I don't want to start any arguments- but I just want to take the oportunity to remind everyone to be careful with longs.
]

i think i have the technical ability for trading but the things u cant buy that u need in trading i dont have.....i think.
I believe this is reason why i cant seem to make living from this, maybe i can adapt....time will tell
  • #97,738
  • Nov 12, 2008 3:37pm Nov 12, 2008 3:37pm
Quoting eohater
QUIT POSTING YOUR SHIT ABOUT OTHER PAIRS ON THIS THREAD!

Sounds clear.

LOL!

------

EO by the way, 7 lots is quiet something, you are going "all in" on any trade ?
And, you got any tricks or idea to let winner runs, i got a little account and find hard to let my winners lose some on correction.

Take care!
  • #97,739
  • Nov 12, 2008 3:38pm Nov 12, 2008 3:38pm
Quoting eohater
I'll consider myself successful when I don't need to trade ever again and I have more than enough money for my life and my kids life time. That's my definition of success in this crazy industry.
good stuff,
Trading is 80% Emotional, 20% Technical
  • #97,740
  • Nov 12, 2008 3:38pm Nov 12, 2008 3:38pm
Quoting nAVIN2007
]

i think i have the technical ability for trading but the things u cant buy that u need in trading i dont have.....i think.
I believe this is reason why i cant seem to make living from this, maybe i can adapt....time will tell
Bro, here's the hardest thing you need to get over. When you see price charging in one direction, you need to be willing to go the opposite direction. She's usually just building value. For example, if price is charging the 1h 62ema, I don't even think twice about it. I'm setting pending orders within 10pips of the price of the 62ema to send her ass back down to where she came. Sometimes she'll overshoot by 50 pips, I'll just add to her there and chase back to my original price.
Just digging in the trenches like everyone else!
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