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Cable Update (GBPUSD)

  • #106,821
  • Dec 15, 2008 1:25pm Dec 15, 2008 1:25pm
Quoting PipLand
Im thinking about 1.5448
well im seeing if this doesnt retrace we might shoot very high
When life gives you lemons, make lemonade
  • #106,822
  • Dec 15, 2008 1:26pm Dec 15, 2008 1:26pm
Quoting eohater
I'm mostly and intraday trader myself and I only trade cable. For example, since the open of the London session, I've made 423 pips today with very little drawdown on all my trades. If you system is working for you though, best of luck. I like to see green pippage as soon as possible myself without having to wait days for my trade to come back green. I take a hands on approach to my trades and manage the moves as they happen.
Patience + Discipline - Greed = Success
  • #106,823
  • Dec 15, 2008 1:28pm Dec 15, 2008 1:28pm
Quoting Abuawad
let me give you a small advice from someone who have more lost than your lost today.
first off all don't enter a trading without any stop lost or target pips don't keep following the trend if you are a short term trader.
don't add more losing to the open losing trading.
if you close the trade in one day with a lost try to avoid the trading in the same day, trust me no one can cover the lost in the same day, instead you will have more loss...
top advice that...

a trader needs a cool, head and no thought of revenge

doubling up to trying and recover is very dangerous

However, I think that trading with the trend is statistically less dangerous than trading against it - but for scalping trades it doesn't make much difference...

nowadays its difficult to figure what the trend is ! Instead of plodding along for 2 years, it switches back every few weeks - I think ....
  • #106,824
  • Dec 15, 2008 1:32pm Dec 15, 2008 1:32pm
i closed went short again it got stuck lol
  • #106,825
  • Dec 15, 2008 1:40pm Dec 15, 2008 1:40pm
Quoting AmeriTrini
If it went against you 300 pips, why not make money both ways........not very good trading......imho.
Yea but i don't always have time to stare at the monitor. I trust my trading system. These were small candles that got in the way. No biggie. For me it's easier to trade this way instead of having to check every hour to see if the trade is going up or down. I ended up with my goal which was a good profit. GL
  • #106,826
  • Dec 15, 2008 1:40pm Dec 15, 2008 1:40pm
im out now had enough lol
  • #106,827
  • Dec 15, 2008 1:41pm Dec 15, 2008 1:41pm
Quoting nAVIN2007
on usd/chf where was yur Stop loss>?
SL at 1.1900
  • #106,828
  • Dec 15, 2008 1:42pm Dec 15, 2008 1:42pm
Quoting PipLand
i closed went short again it got stuck lol
Short ?
At what price bro ?
  • #106,829
  • Dec 15, 2008 1:45pm Dec 15, 2008 1:45pm
Quoting gagakrimba
Short ?
At what price bro ?
5305 i closed it for 10 pips didnt like the price action i dunno whether short or long at the moment i need some indication of direction
  • #106,830
  • Dec 15, 2008 1:45pm Dec 15, 2008 1:45pm
Quoting ferndog
SL at 1.1900
  • #106,831
  • Dec 15, 2008 1:45pm Dec 15, 2008 1:45pm
Quoting PipLand
I dont sleep to good with positions opening so I try to close them before sleeping for health reasons
Can't argue there. W/O health can't trade.
  • #106,832
  • Dec 15, 2008 1:50pm Dec 15, 2008 1:50pm
I dontate 5% of my winings in forex to Illinois Politicians cause i like they way the handle their buisness.
  • #106,833
  • Dec 15, 2008 1:50pm Dec 15, 2008 1:50pm
took a long a 5313
  • #106,834
  • Dec 15, 2008 1:51pm Dec 15, 2008 1:51pm
Quoting steelhead
I dontate 5% of my winings in forex to Illinois Politicians cause i like they way the handle their buisness.


HOLLA
  • #106,835
  • Dec 15, 2008 1:57pm Dec 15, 2008 1:57pm
Quoting PipLand
took a long a 5313
Hahahahahaha.....
Now you are really stuck bro
  • #106,836
  • Dec 15, 2008 1:58pm Dec 15, 2008 1:58pm
Quoting steelhead
I dontate 5% of my winings in forex to Illinois Politicians cause i like they way the handle their buisness.
I throw both my shoes and my wife's old slippers at Illinois politicians

They should be water boarded ever day for 30 years

Just for fun

and their creepy wives

My wife says they call it Illinois as it makes her ill and annoys her

That guy blaguwithmywitch looks like those Romanian gangsters who hustle and pickpocket tourists in Tenerife - he wears his character on his face

yes they are a case for a wardrobe full of shoes and socks too !
  • #106,837
  • Dec 15, 2008 1:59pm Dec 15, 2008 1:59pm
I'm outta here for a while everyone. Time for some family time. I'll be back on later tonight.

Trade well everyone!
EO
Just digging in the trenches like everyone else!
  • #106,838
  • Dec 15, 2008 1:59pm Dec 15, 2008 1:59pm
Quoting gagakrimba
Hahahahahaha
what a stupid trade i should be kicked for this, it might do ok but was a stupid price
  • #106,839
  • Dec 15, 2008 2:03pm Dec 15, 2008 2:03pm
Quoting eohater
I'm outta here for a while everyone. Time for some family time. I'll be back on later tonight.

Trade well everyone!
EO
have fun catch you later
  • #106,840
  • Dec 15, 2008 2:04pm Dec 15, 2008 2:04pm
Quoting PipLand
what a stupid trade i should be kicked for this, it might do ok but was a stupid price
i might get lucky with this one eh
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