Good luck, too early to call for me, making this tea last, better get biscuits. This is the hardest time keeping out of the market.
We have really only had three down moves since mid March, see daily chart......
Cable Update (GBPUSD)
- #132,901
- May 19, 2009 3:51am May 19, 2009 3:51am
- #132,902
- May 19, 2009 3:51am May 19, 2009 3:51am
- | Joined Apr 2009 | Status: escape artist | 442 Posts
the italian news also red...
if the germany got red...
then usd will strengthen its position which mean gbp will down
just my simple newbie view...
if the germany got red...
then usd will strengthen its position which mean gbp will down
just my simple newbie view...
- Always pray on your trading -
God know the best for everyone
- #132,904
- May 19, 2009 3:55am May 19, 2009 3:55am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
Ive got my handcuffs on!
the italian news also red...
if the germany got red...
then usd will strengthen its position which mean gbp will down
just my simple newbie view...
even if the news is red, if banks and traders (big boys, not you) believe that its near the bottom or it can't be worse later, it can eventually go up. it happens many times.
When I buy it, it moves down.
When I sell it, it moves up.
- #132,908
- May 19, 2009 3:59am May 19, 2009 3:59am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
- #132,911
- May 19, 2009 4:03am May 19, 2009 4:03am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
- #132,913
- May 19, 2009 4:07am May 19, 2009 4:07am
- | Joined Aug 2006 | Status: Terrapin Pipper | 1,186 Posts
Here's the chance for the longs to now get out...
Just kidding...
Long for a winner for once, took the profit,
w/some blistering P.A. going on. -Nice battle for 1.55~!
Hey Navin Buddy...
Pip-Slappin some M.D. "Lingo" around there buddy?!
-Lovin every min. of it my friend,
I'm in the 3rd re-read, Chapter 3.
-As you, trying to learn 'lesson of fully accepting
the loss before the trade.
Anyway, Hope all is well bud,
Jeff
Just kidding...
Long for a winner for once, took the profit,
w/some blistering P.A. going on. -Nice battle for 1.55~!
Hey Navin Buddy...
Pip-Slappin some M.D. "Lingo" around there buddy?!
-Lovin every min. of it my friend,
I'm in the 3rd re-read, Chapter 3.
-As you, trying to learn 'lesson of fully accepting
the loss before the trade.
Anyway, Hope all is well bud,
Jeff
I will work to Objectively Identify my Edges
- #132,915
- May 19, 2009 4:13am May 19, 2009 4:13am
- | Joined Apr 2009 | Status: escape artist | 442 Posts
i think its just about the point of few
for me the short time trader will said down because of RSI
for other who's hoping for long time shoot (of course with better profit) will goes up with trend (with higher timeframe)
so goodluck for both.
for me the short time trader will said down because of RSI
for other who's hoping for long time shoot (of course with better profit) will goes up with trend (with higher timeframe)
so goodluck for both.
- Always pray on your trading -
God know the best for everyone
- #132,919
- May 19, 2009 4:23am May 19, 2009 4:23am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
Here's the chance for the longs to now get out...
Just kidding...
Long for a winner for once, took the profit,
w/some blistering P.A. going on. -Nice battle for 1.55~!
Hey Navin Buddy...
Pip-Slappin some M.D. "Lingo" around there buddy?!
-Lovin every min. of it my friend,
I'm in the 3rd re-read, Chapter 3.
-As you, trying to learn 'lesson of fully accepting
the loss before the trade.
Anyway, Hope all is well bud,
Jeff
-As you, trying to learn 'lesson of fully accepting
the loss before the trade.
hardest lesson me feels..we will get there thou
- #132,920
- May 19, 2009 4:27am May 19, 2009 4:27am
- | Joined Aug 2006 | Status: Terrapin Pipper | 1,186 Posts
Hey bud,
I wouldn't worry so much on "why", it just is...
-Look for some correlations -(if i spelled that right)!
'Dow was up yest. 230 pt's, Asia, continued the trend,
Now London is up -(Look at futures, up). -So G.U. is up.
Probably greater reasons you, i & 'fencepost could'nt
Esplain!!
Best of luck & insight,
Jeff!
I wouldn't worry so much on "why", it just is...
-Look for some correlations -(if i spelled that right)!
'Dow was up yest. 230 pt's, Asia, continued the trend,
Now London is up -(Look at futures, up). -So G.U. is up.
Probably greater reasons you, i & 'fencepost could'nt
Esplain!
!Best of luck & insight,
Jeff
!
I will work to Objectively Identify my Edges