you give me a gooddon't get caught with your shorts down .. good one i will remenber this one
Thank You 
Cable Update (GBPUSD)
- #137,341
- Jun 15, 2009 10:17pm Jun 15, 2009 10:17pm
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
- #137,342
- Jun 15, 2009 10:17pm Jun 15, 2009 10:17pm
- Joined May 2009 | Status: step into liquid | 3,459 Posts
- #137,344
- Edited 10:36pm Jun 15, 2009 10:23pm | Edited 10:36pm
- | Additional Username | Joined Sep 2009 | 8,623 Posts
- #137,345
- Jun 15, 2009 10:27pm Jun 15, 2009 10:27pm
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
i switched sides at -15 to short for the second trade target
Welp, be back later. Lunchtime. Trade safe everyone.
Thank You
- #137,346
- Jun 15, 2009 10:47pm Jun 15, 2009 10:47pm
- | Additional Username | Joined Sep 2009 | 8,623 Posts
- #137,347
- Jun 15, 2009 10:49pm Jun 15, 2009 10:49pm
- | Joined May 2008 | Status: Ad Astra Per Aspera | 1,741 Posts
Verily, in every difficulties there is relief
- #137,349
- Jun 15, 2009 11:20pm Jun 15, 2009 11:20pm
My indicator writes this to a file automatically so it becomes easier to share
Pivot : 1.63150000;
;Resistance 1 : 1.63890000;
;Resistance 2 : 1.65050000;
;Resistance 3 : 1.65790000;
;Support 1 : 1.61990000;
;Support 2 : 1.61250000;
;Support 3 : 1.60090000;
Nice, my indicator is giving me the same numbers...plus or minus a pip or two. They've been working wonders for short term trades, which always leaves me torn on if I should take short term profits or kick back for a longer term trade. Knowing this must be where the true art of Forex is learned. I just hope that my account lives that long!
Avoiding poverty, one pip at a time.
- #137,350
- Jun 16, 2009 12:04am Jun 16, 2009 12:04am
Nice, my indicator is giving me the same numbers...plus or minus a pip or two. They've been working wonders for short term trades, which always leaves me torn on if I should take short term profits or kick back for a longer term trade. Knowing this must be where the true art of Forex is learned. I just hope that my account lives that long!
{Promotion Removed}
- #137,351
- Jun 16, 2009 12:13am Jun 16, 2009 12:13am
I started short-term and shifted to medium/long term. I enjoy catching a trend and riding a few days. Less stress, more free time with the family. I also think the $$ is better. But you need bigger.......
That's my mindset also. Living in Alaska means that London opens at 11pm which isn't to bad, but New York opens at 4 am which makes it very painful to be a short term trader.
I'm still trying to find my balance. Thankfully the family is fully behind me.
Avoiding poverty, one pip at a time.
- #137,352
- Jun 16, 2009 12:21am Jun 16, 2009 12:21am
That's my mindset also. Living in Alaska means that London opens at 11pm which isn't to bad, but New York opens at 4 am which makes it very painful to be a short term trader.
I'm still trying to find my balance. Thankfully the family is fully behind me.
That is great that your family supports you. My family is 100% behind me.
My only suggestion (and I wish someone would of told my at the very start) use a live account with just enough money that it will really bug you if it vanished. Be ready to lose it two more times.
The reason - You treat your account/self much different then when using a demo.
{Promotion Removed}
some news report out "hearing chatter that Russia's medevedev will raise reserve currency issue at BRIC summit---USD Falls.... We have just heard reports that Medevedev will raise the reserve currency (USD) issue at the BRIC summit currently underway. Recall that last week, the USD was crushed on reports that Medevedev had doubts that the USD would be the reserve currency of the future. The FX Market immediately reacted to this news, pushing USD/JPY lower, through critical support"
where did you find that out?
NICE!!