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Cable Update (GBPUSD)

  • #109,821
  • Jan 7, 2009 12:31pm Jan 7, 2009 12:31pm
Quoting Infinity
That's right bro we've all been there... I am sorry to hear of your loss but I know you will get it back plus some before the week is out...
Thanks bro! I'm charging heavy interest on the loan that I've outlayed into someone's account!!
Just digging in the trenches like everyone else!
  • #109,822
  • Jan 7, 2009 12:32pm Jan 7, 2009 12:32pm
  • #109,823
  • Jan 7, 2009 12:32pm Jan 7, 2009 12:32pm
Quoting Abuawad
easy i stop in 2008 after i lost more than 35K, i think at that time i lost my mind, i post analysis and some people her follow it and make profit. but for me i just keep modified it and change it till i lost that amount. so i punish myself by stop trading till i return my mind
know the feeling bro.
  • #109,824
  • Jan 7, 2009 12:33pm Jan 7, 2009 12:33pm
Quoting trader2160
LOl I nearly got shafted too.All hail infinity.
heck I was even asking you if I could go short again at 4925.sometimes its scary what a huge difference timing makes.
Infinity is one hell of a trader. As to your question you asked last night, sorry I didn't get back, I was too focused and high on my own position. As to if I would have added or entered at the 4925. Here's what I would have done if I wasn't in a trade. I would have waited for the candle that closed through the 15m 50ema and went short on the opening of the next candle. Secured +2 once that candle closed, but since the following candle didn't go back through the 15m 50ema, I would have closed out once that candle closed and waited for a new entry.
Just digging in the trenches like everyone else!
  • #109,825
  • Jan 7, 2009 12:33pm Jan 7, 2009 12:33pm
Quoting aekok
are you surprised by the amount you hearing here welcome to Forex Market
  • #109,826
  • Jan 7, 2009 12:34pm Jan 7, 2009 12:34pm
Quoting Diego
1h candle just closed below 61.8fib,

seems it's going down for a while..

what do you guys think?
I think she will go down hard after in about 30 min time
  • #109,827
  • Jan 7, 2009 12:35pm Jan 7, 2009 12:35pm
Quoting eohater
This is true as well!

We've all sold the bottom and bought the top at one point in our career. Hell, I started my short brigade yesterday and got stopped out this morning for a 22K loss. So, what the hell do I know. You can all laugh at me for that one for sure.
It makes us new lads not feel as bad when you put it like that. Its reasuring to know that not all my calls are bad, but puts my puny losses in perspective.

I have been following your thread EO and making better calls for it. Just laking the confidence to go with what I am seeing as my account is now very small. Saying that I feel I can pull it back from the brink given time. Keep up the good work. and thanks.
  • #109,828
  • Jan 7, 2009 12:35pm Jan 7, 2009 12:35pm
Quoting Abuawad
easy i stop in 2008 after i lost more than 35K, i think at that time i lost my mind, i post analysis and some people her follow it and make profit. but for me i just keep modified it and change it till i lost that amount. so i punish myself by stop trading till i return my mind
I'm not going to let it buck me off from trading. My system is sound. Just some crazy movements right now. I hate to start out the first week of the new year with such a loss though, but losses are a part of this.
Just digging in the trenches like everyone else!
  • #109,829
  • Jan 7, 2009 12:37pm Jan 7, 2009 12:37pm
Quoting eohater
This is true as well!

We've all sold the bottom and bought the top at one point in our career. Hell, I started my short brigade yesterday and got stopped out this morning for a 22K loss. So, what the hell do I know. You can all laugh at me for that one for sure.
that must have been a huge s/l gap or a huge position or both..in my terms anyway

but as you say - you win some and lose some and I dont believe any 'masters' who claim to just win and win - they have a personality disorder in claiming that and lose all cred with me

Most of em turn out to be on demo account, and living in an old trailer at the back of an industrial park in ohio - and connecting wirelessly to the internet using a stolen laptop via a coffee shop across the tracks

anyway - back in the saddle eh - onwards and upwards
  • #109,830
  • Jan 7, 2009 12:38pm Jan 7, 2009 12:38pm
Quoting Si Tr4d3r
It makes us new lads not feel as bad when you put it like that. Its reasuring to know that not all my calls are bad, but puts my puny losses in perspective.

I have been following your thread EO and making better calls for it. Just laking the confidence to go with what I am seeing as my account is now very small. Saying that I feel I can pull it back from the brink given time. Keep up the good work. and thanks.
I'm glad my thread is providing value to your trading. We all have losses, just remember to keep your losses in proportion to your account. IE. I've made 22K in one trade, just as I've lost it in one.

Keep your focus and patience!
EO
Just digging in the trenches like everyone else!
  • #109,831
  • Jan 7, 2009 12:38pm Jan 7, 2009 12:38pm
Quoting eohater
This is true as well!

We've all sold the bottom and bought the top at one point in our career. Hell, I started my short brigade yesterday and got stopped out this morning for a 22K loss. So, what the hell do I know. You can all laugh at me for that one for sure.
you did call the fall perfectly.just stopped at 810 instead of 770.

But youre right better put it behind you and focus ahead.Heck I had a bunch of shorts going and couldnt sleep a wink and if it hadnt been for you I wouldve cut and run at 4990ish yesterday.
  • #109,832
  • Jan 7, 2009 12:39pm Jan 7, 2009 12:39pm
Quoting eohater
Thanks bro! I'm charging heavy interest on the loan that I've outlayed into someone's account!!
Are you some kind of loan shark or what ?
  • #109,833
  • Jan 7, 2009 12:39pm Jan 7, 2009 12:39pm
Quoting eohater
Infinity is one hell of a trader. As to your question you asked last night, sorry I didn't get back, I was too focused and high on my own position. As to if I would have added or entered at the 4925. Here's what I would have done if I wasn't in a trade. I would have waited for the candle that closed through the 15m 50ema and went short on the opening of the next candle. Secured +2 once that candle closed, but since the following candle didn't go back through the 15m 50ema, I would have closed out once that candle closed and waited for a new entry....

Keep trading to the shortside buddy you will get it all back
  • #109,834
  • Jan 7, 2009 12:40pm Jan 7, 2009 12:40pm
Quoting allserene
that must have been a huge s/l gap or a huge position or both..in my terms anyway

but as you say - you win some and lose some and I dont believe any 'masters' who claim to just win and win - they have a personality disorder in claiming that and lose all cred with me

Most of em turn out to be on demo account, and living in an old trailer at the back of an industrial park in ohio - and connecting wirelessly to the internet using a stolen laptop via a coffee shop across the tracks

anyway - back...
Attached Image
  • #109,835
  • Jan 7, 2009 12:40pm Jan 7, 2009 12:40pm
Quoting allserene
that must have been a huge s/l gap or a huge position or both..in my terms anyway

but as you say - you win some and lose some and I dont believe any 'masters' who claim to just win and win - they have a personality disorder in claiming that and lose all cred with me

Most of em turn out to be on demo account, and living in an old trailer at the back of an industrial park in ohio - and connecting wirelessly to the internet using a stolen laptop via a coffee shop across the tracks

anyway - back in the saddle eh - onwards and upwards
I was too heavy on my position. I started my short brigade at 4725 and added all the way til I had 10 Lots on the trade. I don't like to go that high. 8 is fine, 10 and I start getting edgy.
Just digging in the trenches like everyone else!
  • #109,836
  • Jan 7, 2009 12:42pm Jan 7, 2009 12:42pm
Thanks. the encouragement and advice you get on this thread helps loads. I think it will take me a little longer to recoup my losses and start turning a profit even tho the amounts are a fraction of what your trading but I will get there..
  • #109,837
  • Jan 7, 2009 12:43pm Jan 7, 2009 12:43pm
Quoting eohater
I was too heavy on my position. I started my short brigade at 4725 and added all the way til I had 10 Lots on the trade. I don't like to go that high. 8 is fine, 10 and I start getting edgy.
what about more than 10K
Attached Image
  • #109,838
  • Jan 7, 2009 12:44pm Jan 7, 2009 12:44pm
Quoting steelhead
Keep trading to the shortside buddy you will get it all back
Exactly my friend!
Just digging in the trenches like everyone else!
  • #109,839
  • Jan 7, 2009 12:45pm Jan 7, 2009 12:45pm
Quoting Abuawad
what about more than 10K


I take it you have 17 standard lots open.
Just digging in the trenches like everyone else!
  • #109,840
  • Jan 7, 2009 12:45pm Jan 7, 2009 12:45pm
There she goes again...damned
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