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Cable Update (GBPUSD)

  • #98,201
  • Nov 13, 2008 3:02pm Nov 13, 2008 3:02pm
Quoting Infinity
I hope you closed out bro...
not yet..im only in 0.01 that 10p a pip
  • #98,202
  • Nov 13, 2008 3:03pm Nov 13, 2008 3:03pm
Quoting nAVIN2007
not yet..im only in 0.01 that 10p a pip
I doesn't matter what your cost per pip is. You need to control your losses in pips not money. Once you focus on the pips and not the money, the emotion of trading larger lots becomes easier.
Just digging in the trenches like everyone else!
  • #98,203
  • Nov 13, 2008 3:04pm Nov 13, 2008 3:04pm
wow I go up in the hills for a few hours and caranage what did you guys do.

Dont short yet this rally aint done yet.
  • #98,204
  • Nov 13, 2008 3:05pm Nov 13, 2008 3:05pm
Bugger I deleted these resistance levels from my chart as I thought they were bye bye, Hello sweet Northlands!
Ride the Bulls bearback!
  • #98,205
  • Nov 13, 2008 3:05pm Nov 13, 2008 3:05pm
Quoting micho
where u will buy now? at which price
I've stop entering long now.
Just riding on the longs entered earlier from 1.4650.
  • #98,206
  • Nov 13, 2008 3:05pm Nov 13, 2008 3:05pm
Just closed my long from 4575 at 4875. Now I will wait for it to pull back to show me a new entry. Since I missed the major move down today, I figured I would start building longs at 4575 down to 4475. It worked out. I would have to say thank you to FX Local for sharing his video this morning.
Just digging in the trenches like everyone else!
  • #98,207
  • Nov 13, 2008 3:06pm Nov 13, 2008 3:06pm
Quoting nAVIN2007
not yet..im only in 0.01 that 10p a pip
Patience + Discipline - Greed = Success
  • #98,208
  • Nov 13, 2008 3:06pm Nov 13, 2008 3:06pm
Quoting eohater
I doesn't matter what your cost per pip is. You need to control your losses in pips not money. Once you focus on the pips and not the money, the emotion of trading larger lots becomes easier.
i hear yah ...
this is unbelieveble
  • #98,209
  • Nov 13, 2008 3:09pm Nov 13, 2008 3:09pm
Quoting gagakrimba
I've stop entering long now.
Just riding on the longs entered earlier from 1.4650.
great trade
When life gives you lemons, make lemonade
  • #98,210
  • Nov 13, 2008 3:10pm Nov 13, 2008 3:10pm
Quoting Infinity
look at the euro go...
I closed out some good shorts on both cable and euro today.. If I had held on to them 'til now, I'd be pissed...
seriously pissed!! hope fear and greed very apparant in these markets, the way the dow bottomed and reversed, wow, all makes sense, if the dow rallies sign of risk taking and the high yielders like geppy, cable, euro, aussy rally
Trading is 80% Emotional, 20% Technical
  • #98,211
  • Nov 13, 2008 3:10pm Nov 13, 2008 3:10pm
Quoting nAVIN2007
i hear yah ...
this is unbelieveble
I don't intend to annoy you! I just want to see you successful. Losses happen bro! Trust me. I've had some losses these past two days from stupid freaking moves, but they were all controlled losses and my days finished positive. Risk to Reward bro!
Just digging in the trenches like everyone else!
  • #98,212
  • Nov 13, 2008 3:13pm Nov 13, 2008 3:13pm
Quoting eohater
Just closed my long from 4575 at 4875. Now I will wait for it to pull back to show me a new entry. Since I missed the major move down today, I figured I would start building longs at 4575 down to 4475. It worked out. I would have to say thank you to FX Local for sharing his video this morning.
well done mate, that was hell of a trade A1 stuff.....
Trading is 80% Emotional, 20% Technical
  • #98,213
  • Nov 13, 2008 3:13pm Nov 13, 2008 3:13pm
LOL i guess steelehead was right the whole time... LOL why was everyone hatin on him and talkin trash. Steelhead i gotta admitt good call man
  • #98,214
  • Nov 13, 2008 3:14pm Nov 13, 2008 3:14pm
Quoting eohater
I don't intend to annoy you! I just want to see you successful. Losses happen bro! Trust me. I've had some losses these past two days from stupid freaking moves, but they were all controlled losses and my days finished positive. Risk to Reward bro!
like infin said cut losses cut losses cut losses,

if u do that u stand a chance....
Trading is 80% Emotional, 20% Technical
  • #98,215
  • Nov 13, 2008 3:15pm Nov 13, 2008 3:15pm
Quoting eohater
I doesn't matter what your cost per pip is. You need to control your losses in pips not money. Once you focus on the pips and not the money, the emotion of trading larger lots becomes easier.
Exactly!!

Navin, Please don't feel as if we are getting on your back about this, but we are just trying to help you. I want to see you succeed and I know you can do it but you have to correct your mistakes or you will have the same problem over and over. You have to manage your risk.... Limit your drawdown. Decide how much you are willing to lose before you enter a trade..

You can do it Navin!!
Patience + Discipline - Greed = Success
  • #98,216
  • Nov 13, 2008 3:15pm Nov 13, 2008 3:15pm
Quoting eohater
I don't intend to annoy you! I just want to see you successful. Losses happen bro! Trust me. I've had some losses these past two days from stupid freaking moves, but they were all controlled losses and my days finished positive. Risk to Reward bro!


Is Navin having problems again?


I can't believe I go up in the mountains and this thing does this.
  • #98,217
  • Nov 13, 2008 3:16pm Nov 13, 2008 3:16pm
Quoting onsfx
LOL i guess steelehead was right the whole time... LOL why was everyone hatin on him and talkin trash. Steelhead i gotta admitt good call man
Really??
Patience + Discipline - Greed = Success
  • #98,218
  • Nov 13, 2008 3:16pm Nov 13, 2008 3:16pm
Quoting fx local
well done mate, that was hell of a trade A1 stuff.....
Could I possibly get a look at the video or is it private
Please ask questions and share your experiences with us all!
  • #98,219
  • Nov 13, 2008 3:17pm Nov 13, 2008 3:17pm
Quoting steelhead
Is Navin having problems again?


I can't believe I go up in the mountains and this thing does this.
I hope you closed your shorts at the lows...
Patience + Discipline - Greed = Success
  • #98,220
  • Nov 13, 2008 3:17pm Nov 13, 2008 3:17pm
Quoting onsfx
LOL i guess steelehead was right the whole time... LOL why was everyone hatin on him and talkin trash. Steelhead i gotta admitt good call man
more important than any trading idea is timing, if your timing is right u will make a lot of money, u can be intelluctually right and still lose money in this market with bad timing.....
Trading is 80% Emotional, 20% Technical
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