DislikedI took another short at 4230... remember it's TIW... we should be falling soon I think..although we could go up to the m15 50 first...Ignored
Just digging in the trenches like everyone else!
Cable Update (GBPUSD)
- #123,521
- Feb 25, 2009 4:20pm Feb 25, 2009 4:20pm
- Joined May 2008 | Status: "One for all, and all for one" | 11,228 Posts
Just digging in the trenches like everyone else!
- #123,522
- Feb 25, 2009 4:20pm Feb 25, 2009 4:20pm
- Joined May 2008 | Status: "One for all, and all for one" | 11,228 Posts
yes yes, so i've been told it's a two way market. It's just that the idea of flipping my monitor every 15 minutes when a candle closes isn't so appealing.
Just digging in the trenches like everyone else!
- #123,523
- Feb 25, 2009 4:23pm Feb 25, 2009 4:23pm
- Joined Jun 2008 | Status: Trader | 1,739 Posts
yes yes, so i've been told it's a two way market. It's just that the idea of flipping my monitor every 15 minutes when a candle closes isn't so appealing.
I have suffered this way once in the past when I let my absolute fundamental view obscure the reality of what was actually happening in the market.
Good luck, friend.
- #123,524
- Feb 25, 2009 4:24pm Feb 25, 2009 4:24pm
- Joined Feb 2008 | Status: Trader | 5,732 Posts
Patience + Discipline - Greed = Success
- #123,525
- Feb 25, 2009 4:24pm Feb 25, 2009 4:24pm
- Joined Feb 2008 | Status: Trader | 5,732 Posts
Maybe a pivot on the back of your monitor would make it easier, you could spin it like a roulette wheel....
Patience + Discipline - Greed = Success
- #123,526
- Feb 25, 2009 4:26pm Feb 25, 2009 4:26pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
He's been banging it on the shorts as of late. When we do finally get to a bull market, he's going to need to turn his monitor upside down and change his buy/sell buttons.
- #123,528
- Feb 25, 2009 4:31pm Feb 25, 2009 4:31pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
Means 'knowt' !!! Navin I will make you an honorary Yorkshireman with the freedom to march through Barnsley with a fixed bayonet if you can maintain this level of sophistication !
I reckon it will dither around while the DOW sorts itself out - some are predicting up to a 25% bounce on shares very soon now...then they wither again
Goodness knows how cable would react, but I am going contra whichever way it goes once the 20% mark is reached
hows the trading going buddy? and the shares
- #123,529
- Feb 25, 2009 4:34pm Feb 25, 2009 4:34pm
- Joined Jun 2007 | Status: As you say Ingles - rich and free | 2,751 Posts
Maybe a pivot on the back of your monitor would make it easier, you could spin it like a roulette wheel....
http://www.electronichealing.co.uk/p...-wfeatures.gif
- #123,530
- Feb 25, 2009 4:35pm Feb 25, 2009 4:35pm
- Joined May 2008 | Status: "One for all, and all for one" | 11,228 Posts
Just digging in the trenches like everyone else!
- #123,531
- Feb 25, 2009 4:36pm Feb 25, 2009 4:36pm
- Joined May 2008 | Status: "One for all, and all for one" | 11,228 Posts
Or get one of these and leave the screen in place
http://www.electronichealing.co.uk/p...-wfeatures.gif
Just digging in the trenches like everyone else!
- #123,532
- Feb 25, 2009 4:36pm Feb 25, 2009 4:36pm
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Be careful that your biased view doesn't badly burn you upon any turn in the market.
I have suffered this way once in the past when I let my absolute fundamental view obscure the reality of what was actually happening in the market.
Good luck, friend.
But I have lost 15 thousand dollars trading small tfs a year ago buying/selling every other hour. Now I know some of you guys here who are good trading that way, but that's just not me. I simply don't have the bottle for it.
This is why I trade larger tfs & I rarely go against the trend unless I am absolutely sure. Now someone here was smart enough saying everyone has their own way of trading when being questioned on their method. I just hope I don't get slated by not sharing the same view on other's method
Cheers & good luck to you too mate.
Thank You 
- #123,533
- Feb 25, 2009 4:39pm Feb 25, 2009 4:39pm
- Joined May 2008 | Status: "One for all, and all for one" | 11,228 Posts
Just digging in the trenches like everyone else!
- #123,534
- Feb 25, 2009 4:42pm Feb 25, 2009 4:42pm
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Hey bro! It's all good! I don't think anyone is going to stone you for your method. You're banging the pips and that's what matters. Trade the way that fits you best. From everything I've seen, all your SL have been for +100 or more. That's good shit if you ask me!
Banters thrown around in good times does no harm if you ask me, just needed to be sure it's all banters
Thank You
- #123,536
- Feb 25, 2009 4:44pm Feb 25, 2009 4:44pm
- Joined Jun 2007 | Status: As you say Ingles - rich and free | 2,751 Posts
When the DOW got near 7000, a trader said 'oh well, only 7000 to go'
That made me realise that we are near the bottom - US companies (apart from financials) are not worth 'nothing' - I might see 6500 on the DOW but then comes the reckoning ('jetz kommt die abrechnung' as they say in 'das boot' after they fire their torpedos)
So I am am fully invested and ready to rumble - no hurry - xmas 2009 will do to get some revenge
I will never pay capital gains tax again the rest of my life and neither will any other long only share monster either - too many b/f losses
with forex i am back to my ungreedy opportunism which is paying off - I will never get a 400 pip run as I am a too scardy cat and dive out on the dither after 100 pips - but as long as the account is creeping upward every day, that will do
- #123,537
- Feb 25, 2009 4:45pm Feb 25, 2009 4:45pm
- Joined Jun 2008 | Status: Trader | 1,739 Posts
Yes, thanks for the heads up. I appreciate it.
But I have lost 15 thousand dollars trading small tfs a year ago buying/selling every other hour. Now I know some of you guys here who are good trading that way, but that's just not me. I simply don't have the bottle for it.
This is why I trade larger tfs & I rarely go against the trend unless I am absolutely sure. Now someone here was smart enough saying everyone has their own way of trading when being questioned on their method. I just hope I don't get slated by not sharing the same view on other's...
Many different approaches to the market, so whatever works best for you and your P&L...
- #123,538
- Feb 25, 2009 4:50pm Feb 25, 2009 4:50pm
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
ok guys, I'm off. Catch you guys later. Green pips all round. I'm buying. 
Thank You
- #123,539
- Feb 25, 2009 4:52pm Feb 25, 2009 4:52pm
- Joined Jun 2007 | Status: As you say Ingles - rich and free | 2,751 Posts
- #123,540
- Feb 25, 2009 4:53pm Feb 25, 2009 4:53pm
- Joined Jul 2007 | Status: Senior Member | 1,553 Posts
