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Cable Update (GBPUSD)

  • #99,261
  • Nov 18, 2008 1:35pm Nov 18, 2008 1:35pm
Quoting steelhead
I have been saying that for ages. Dont get yourself messed up in the forum when you are trading. It will mess with your focus.

to easy to get talked out of the right analysis by reading this forum
Very true! You and I have talked independently about this and we're on the same page!

What everyone needs to remember is we all trade on different time frames and different risk:reward appetites. My system might not work for the next because of personality types and the aforementioned items. Trade what works for you and keep it simple.
Just digging in the trenches like everyone else!
  • #99,262
  • Nov 18, 2008 1:35pm Nov 18, 2008 1:35pm
guys seriously now, if you really want to look at the forum and really cant resist that... just take a look at my posts...

i assure you i will make you broke in 1 day
When life gives you lemons, make lemonade
  • #99,263
  • Nov 18, 2008 1:36pm Nov 18, 2008 1:36pm
Quoting micho
i hear ya, and the 1 out of 10 trade when you look at the forum, you look at my post right? come on dont tell me you are not tempted by my posts looooooooooooooooooooooooooooool
There are some great traders on the forum and I do value their opinions, but I don't let them keep me from making my own decisions.
Just digging in the trenches like everyone else!
  • #99,264
  • Nov 18, 2008 1:37pm Nov 18, 2008 1:37pm
Quoting micho
guys seriously now, if you really want to look at the forum and really cant resist that... just take a look at my posts...

i assure you i will make you broke in 1 day


I don't believe that. You have good targets, I think your biggest challenge might be the entry. Everyone has a problem with the entry. Once you get the entry down, the rest will fall in place.
Just digging in the trenches like everyone else!
  • #99,265
  • Nov 18, 2008 1:37pm Nov 18, 2008 1:37pm
Quoting eohater
Very true! You and I have talked independently about this and we're on the same page!

What everyone needs to remember is we all trade on different time frames and different risk:reward appetites. My system might not work for the next because of personality types and the aforementioned items. Trade what works for you and keep it simple.
definately
  • #99,266
  • Nov 18, 2008 1:41pm Nov 18, 2008 1:41pm
Quoting eohater


I don't believe that. You have good targets, I think your biggest challenge might be the entry. Everyone has a problem with the entry. Once you get the entry down, the rest will fall in place.
da entry
da target
da mentality
da da da
i miss alot of trades because in the office i cant let people see that im trading forex... i dont want to hear stupid words from a manager. im just an engineer mr. CEO

well... ill get better, im sure..
When life gives you lemons, make lemonade
  • #99,267
  • Nov 18, 2008 1:44pm Nov 18, 2008 1:44pm
i told u eo, i've lost 80% of my profits after august crush so im trying to develop a new strategy based on fibos. unfortunately its so hard to be coded... and i really have no time or mood im always lazy or doing something else... so... im not really yet focused... im fucked up still but time will come

hope they dont cancel the forex market lol
When life gives you lemons, make lemonade
  • #99,268
  • Nov 18, 2008 1:44pm Nov 18, 2008 1:44pm
Quoting micho
da entry
da target
da mentality
da da da
i miss alot of trades because in the office i cant let people see that im trading forex... i dont want to hear stupid words from a manager. im just an engineer mr. CEO

well... ill get better, im sure..
I understand what you mean! It's hard when your doing another job besides trading. Just keep it simple and you'll get there. You've already made your initial deposit back, now your playing with house money. Your emotions should be under control at this point.
Just digging in the trenches like everyone else!
  • #99,269
  • Nov 18, 2008 1:44pm Nov 18, 2008 1:44pm
[quote=fx local;2358899]
Quoting eohater

"funny mentals" like that guy said in Market Wizards, if u know them early they become "surprise a mentals"

charts never lie 100% agree with u....

fundamentals cost me money for sure....
I agree with that.....been trading much better since I cut out the noise.

HOLLA
  • #99,270
  • Nov 18, 2008 1:44pm Nov 18, 2008 1:44pm
I was chatting w/ Michigan Mike this morning and i said ameritini thinks up and euroater thinks down. When it broke up out of the range i said it looks like a head fake to me and i am gonna sell this rally.....when she stalled at 5050 i shorted her at 37 with a tight stop. Boom...a 100 pip no risk trade.

  • #99,271
  • Nov 18, 2008 1:46pm Nov 18, 2008 1:46pm
Quoting micho
i told u eo, i've lost 80% of my profits after august crush so im trying to develop a new strategy based on fibos. unfortunately its so hard to be coded... and i really have no time or mood im always lazy or doing something else... so... im not really yet focused... im fucked up still but time will come

hope they dont cancel the forex market lol
Bro, they won't be canceling the forex market. The only way, ONLY WAY, would be one global currency. That will never happen. What's going on now about another reserve currency is nothing new in discussions. Whenever you have an opportunity and want something to do, google The Wizard of Oz and it's true meaning. The movie had Dorothy in ruby slippers on a yellow brick road. The book had Dorothy in Silver slippers on a yellow brick road. Silver vs. Gold.
Just digging in the trenches like everyone else!
  • #99,272
  • Nov 18, 2008 1:48pm Nov 18, 2008 1:48pm
Quoting Turtle

I agree with that.....been trading much better since I cut out the noise.

HOLLA

What's up bro? You feeling better yet? I'm headed out for a meeting for about 15m, but I'll be back.
Just digging in the trenches like everyone else!
  • #99,273
  • Nov 18, 2008 1:49pm Nov 18, 2008 1:49pm
Quoting Shilva
I was chatting w/ Michigan Mike this morning and i said ameritini thinks up and euroater thinks down. When it broke up out of the range i said it looks like a head fake to me and i am gonna sell this rally.....when she stalled at 5050 i shorted her at 37 with a tight stop. Boom...a 100 pip no risk trade.

It did go up, but just to build value before falling. Glad you made some money and I hope Ameritrini had his SL in the green.
Just digging in the trenches like everyone else!
  • #99,274
  • Nov 18, 2008 1:50pm Nov 18, 2008 1:50pm
Quoting eohater
I understand what you mean! It's hard when your doing another job besides trading. Just keep it simple and you'll get there. You've already made your initial deposit back, now your playing with house money. Your emotions should be under control at this point.
well to be honest, i played with initial 5.5k then the strategy was fantastic, i was getting 25% and more each month safely.. based on 10 years testing. i reached 14k which is 8.5k profit in 2 months then in august and October when the market crushed the ea was all fucked up for the first time in history... and still until now, the pattern have changed so i lost 7.5 k out of the 8.5k

then after that i started trading 10 pips a day big lots, i won around 4k in 1 month, then i withdrew 3.2k. and i played with 0.8k with 0.1 lot conservative strategies without stop loss and still am... last month i made about 1500 pips and withdrew 1200 out of them ... i still have around 1k in my account which doesnt allow me to have big stop losses... so i have to play the hourly trends... and i am missing most of them due to sleeping and working and driving...
When life gives you lemons, make lemonade
  • #99,275
  • Nov 18, 2008 1:50pm Nov 18, 2008 1:50pm
Quoting eohater
What's up bro? You feeling better yet? I'm headed out for a meeting for about 15m, but I'll be back.
Doing good bro.....

Missed the entries this morning running errands.

No worries, I'll wait for the next one.

I talk to you when you get back.

HOLLA
  • #99,276
  • Nov 18, 2008 1:51pm Nov 18, 2008 1:51pm
Quoting eohater
It did go up, but just to build value before falling. Glad you made some money and I hope Ameritrini had his SL in the green.

lol...im negative at the moment, I am still seeking the higher low. I will not marry the position though


  • #99,277
  • Nov 18, 2008 1:52pm Nov 18, 2008 1:52pm
Quoting Turtle
Doing good bro.....

Missed the entries this morning running errands.

No worries, I'll wait for the next one.

I talk to you when you get back.

HOLLA
Keep you eye on the possible test of the 1h 62ema price for a nice short entry.

I'll be back shortly.
Just digging in the trenches like everyone else!
  • #99,278
  • Nov 18, 2008 1:53pm Nov 18, 2008 1:53pm
Quoting eohater
Keep you eye on the possible test of the 1h 62ema price for a nice short entry.

I'll be back shortly.
Had that one planned after she broke it this afternoon. :nerd:

Catch ya soon.

HOLLA
  • #99,279
  • Nov 18, 2008 1:54pm Nov 18, 2008 1:54pm
Quoting micho
well to be honest, i played with initial 5.5k then the strategy was fantastic, i was getting 25% and more each month safely.. based on 10 years testing. i reached 14k which is 8.5k profit in 2 months then in august and October when the market crushed the ea was all fucked up for the first time in history... and still until now, the pattern have changed so i lost 7.5 k out of the 8.5k

then after that i started trading 10 pips a day big lots, i won around 4k in 1 month, then i withdrew 3.2k. and i played with 0.8k with 0.1 lot conservative strategies...

I could suggest FXTREK intellicharts, they have and alert feature that is UMATCHED!! and very user friendly. So you have more time to do things, you can have the alert sent to your cellphone.......

Its $100 a month but all worth it!!.
  • #99,280
  • Nov 18, 2008 1:56pm Nov 18, 2008 1:56pm
I hope you guys are ready for another round of Tanking
Trade what you see, not what you think.
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