aw hit my sl glad i put tight sl -42 already.. not good.
Cable Update (GBPUSD)
- #133,828
- May 22, 2009 2:58am May 22, 2009 2:58am
I see a couple of people here trading, and some taking quite substantial risks.
Is it not maybe one of those times where one should just turn your back and go away? Is it worth it to risk capital in a market like this where price is up with a 100 only to turn and slap you in the face?
In my opinion the risk is just not worth it. I have worked hard to build-up my capital. In any case, if I was trading I would be watching the following points:
For shorts break of 573x & for longs a break of the highs. But I will not risk going long on a break of the highs, not on a Friday and not after the rally of this week.
Just my 2 cents.
Is it not maybe one of those times where one should just turn your back and go away? Is it worth it to risk capital in a market like this where price is up with a 100 only to turn and slap you in the face?
In my opinion the risk is just not worth it. I have worked hard to build-up my capital. In any case, if I was trading I would be watching the following points:
For shorts break of 573x & for longs a break of the highs. But I will not risk going long on a break of the highs, not on a Friday and not after the rally of this week.
Just my 2 cents.
I see a couple of people here trading, and some taking quite substantial risks.
Is it not maybe one of those times where one should just turn your back and go away? Is it worth it to risk capital in a market like this where price is up with a 100 only to turn and slap you in the face?
In my opinion the risk is just not worth it. I have worked hard to build-up my capital. In any case, if I was trading I would be watching the following points:
For shorts break of 573x & for longs a break of the highs. But I will not risk going long on a break of...
- #133,832
- May 22, 2009 3:02am May 22, 2009 3:02am
- | Joined Jun 2007 | Status: Still Learning :) | 1,203 Posts
- #133,833
- May 22, 2009 3:04am May 22, 2009 3:04am
- Joined Mar 2008 | Status: Taking Care Of Business | 5,587 Posts
exit 5803
Nice Work!
Hear the music before the song is over ...
- #133,834
- May 22, 2009 3:05am May 22, 2009 3:05am
Well done free, yes each trader onto his own. As they say, whatever works for you. I used to scalp a lot as well now it scares the hell out of me
Maybe I'm just getting to old for all this action.
Maybe I'm just getting to old for all this action.
Agreed, but I'm happy to just scalp this
- #133,839
- May 22, 2009 3:21am May 22, 2009 3:21am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
it will go down more till 5715 i m waiting for it and then i will go long from there what do you think about it?
Ub
Have a good one ub
Thank You 
- #133,840
- May 22, 2009 3:27am May 22, 2009 3:27am
- | Joined Jun 2007 | Status: Still Learning :) | 1,203 Posts
Ub