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Cable Update (GBPUSD)

  • #152,041
  • Jul 28, 2009 12:42pm Jul 28, 2009 12:42pm
Quoting Turveyd
Wasn't suggesting you should get back in, just suggesting stick to EJ rather than GJ personally.

You've got 2 time areas per day ( UK Open, USA Open ) where the trends form and change, stick to trading what they give you then save your strength for the next day.

Yeah, I don't trade the dragon bro. Never traded the EJ live either. Did in demo but not that much. Still being a newbie, I find it difficult to try and track too many pairs. Probably sounds silly but it's true. The only time I look at anything other than GU & EU is when there just isn't much going on with them.

I imagine it will probably take a couple years to loose some of the beginner's fears I still have.

Thank you for the advice.
Ghost Rider - WWTBMD?
  • #152,042
  • Jul 28, 2009 12:52pm Jul 28, 2009 12:52pm
Quoting albchr
Yeah, I don't trade the dragon bro. Never traded the EJ live either. Did in demo but not that much. Still being a newbie, I find it difficult to try and track too many pairs. Probably sounds silly but it's true. The only time I look at anything other than GU & EU is when there just isn't much going on with them.

I imagine it will probably take a couple years to loose some of the beginner's fears I still have.

Thank you for the advice.
Hi

In Forex Trading you are always a BEGINNER no matter how long you been in forex its same bro. In live trading One always get his emotions and fears into Picture. Thats what Forex is all about. But its not impossible yes you can make money money money if you can handle the live trading STRESS.

Good Luck n Happy Trading
  • #152,043
  • Jul 28, 2009 12:52pm Jul 28, 2009 12:52pm
Quoting albchr
Yeah, I don't trade the dragon bro. Never traded the EJ live either. Did in demo but not that much. Still being a newbie, I find it difficult to try and track too many pairs. Probably sounds silly but it's true. The only time I look at anything other than GU & EU is when there just isn't much going on with them.

I imagine it will probably take a couple years to loose some of the beginner's fears I still have.

Thank you for the advice.

I track and trade GU and EJ sometimes I get a better setup on 1 than the other, or I miss the 1 and get the other 1 bla bla bla.

2 Stops me getting quite so bored to then doing silly things No screen estate for more than 2 though, tried 3 and spend too much time flicking around the charts LOL

Nearing 5 years of Forex Trading, 10 years of total trading time and still got my newbie fears also, why I barely trade at the moment, but did today so tis good

Too much fear of it going wrong, despite my system and the low probability of it actually going wrong, strange really.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #152,044
  • Jul 28, 2009 12:52pm Jul 28, 2009 12:52pm
Quoting DavaniWapeka
Hey,

I got an email ...

More junk mail...
Ghost Rider - WWTBMD?
  • #152,045
  • Jul 28, 2009 12:54pm Jul 28, 2009 12:54pm
Quoting grashid
do not suprise if she going to test @ 1.6180 and continue lower than that next week...
Agree with this, even better if it takes out 1.58 made on the 8th June. My Delta count points to it, but with the summer spread who knows?
Anyway I am seriously shorting this pair for the time being.
Make sure losses are small and profits are bigger!
  • #152,046
  • Jul 28, 2009 1:02pm Jul 28, 2009 1:02pm
Just having some fun now. Shorted at 6425 with a 20 pip SL on my demo account. Just curious if it will last.

Demo is stress relief now...LOL
Ghost Rider - WWTBMD?
  • #152,047
  • Jul 28, 2009 1:05pm Jul 28, 2009 1:05pm
Quoting albchr
Just having some fun now. Shorted at 6425 with a 20 pip SL on my demo account. Just curious if it will last.

Demo is stress relief now...LOL

Use as many Lots as possible on your demo account, getting your Margin to @80% and doing that, try to double your account during busy times, tis fun you'll learn alot of short term momentum!!!


And as it's a challenge it adds abit of real life stress to a demo account, any other way is meaningless to me.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #152,048
  • Jul 28, 2009 1:09pm Jul 28, 2009 1:09pm
Quoting Turveyd
Use as many Lots as possible on your demo account, getting your Margin to @80% and doing that, try to double your account during busy times, tis fun you'll learn alot of short term momentum!!!


And as it's a challenge it adds abit of real life stress to a demo account, any other way is meaningless to me.

I never thought of that. I only went with 2 lots...LOL

But it would be fun to smack a whole bunch in there now. Knowing what was ahead of me, I always did my best to treat the demo like the real thing. I've learned no matter how hard you try or close you get, it's not.
Ghost Rider - WWTBMD?
  • #152,049
  • Jul 28, 2009 1:17pm Jul 28, 2009 1:17pm
Does anyone like a short at around 450-470?
  • #152,050
  • Jul 28, 2009 1:24pm Jul 28, 2009 1:24pm
Quoting alex1976
Does anyone like a short at around 450-470?

although possible, but IF it gets there odds are the trend will be up for the time being.

Abit early, but my trend is already turning up here, EJ's already in a up trend.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #152,051
  • Jul 28, 2009 1:27pm Jul 28, 2009 1:27pm
Chart #1, the Daily main trading timeframe. Chart #2 the route we are taking to get there, including the bearish flag on the 30. Man is this system put together well.

Ne
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu1.gif Size: 52 KB
Click to Enlarge Name: gu.gif Size: 50 KB
  • #152,052
  • Jul 28, 2009 1:34pm Jul 28, 2009 1:34pm
Quoting albchr
I never thought of that. I only went with 2 lots...LOL

But it would be fun to smack a whole bunch in there now. Knowing what was ahead of me, I always did my best to treat the demo like the real thing. I've learned no matter how hard you try or close you get, it's not.

Yep you can average down infinitely, when I came up with the Max Lot's, stops you from doing that, account blown or doubled, good day trading practice.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #152,053
  • Jul 28, 2009 1:35pm Jul 28, 2009 1:35pm
These are actual trades I have taken. Just follow the white line after the signal arrows. And I gaurantee these are NOT repaints.

Ne
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.gif Size: 58 KB
  • #152,054
  • Jul 28, 2009 1:37pm Jul 28, 2009 1:37pm
This is the way trading was meant to be. Place the trades at 5 EST and check them the next day...LOL Love it.

Ne

Quoting Nene
These are actual trades I have taken. Just follow the white line after the signal arrows. And I gaurantee these are NOT repaints.

Ne
  • #152,055
  • Jul 28, 2009 1:40pm Jul 28, 2009 1:40pm
Quoting Nene
These are actual trades I have taken. Just follow the white line after the signal arrows. And I gaurantee these are NOT repaints.

Ne
which indicator is that bro???Can i have that>>>>
  • #152,056
  • Jul 28, 2009 1:47pm Jul 28, 2009 1:47pm
Quoting Nene
These are actual trades I have taken. Just follow the white line after the signal arrows. And I gaurantee these are NOT repaints.

Ne
Can you also share that Indicator with me? Thanks
  • #152,057
  • Jul 28, 2009 1:48pm Jul 28, 2009 1:48pm
Quoting Nene
These are actual trades I have taken. Just follow the white line after the signal arrows. And I gaurantee these are NOT repaints.

Ne

Nene, when is your next entry then?

and what is the system rules?
  • #152,058
  • Jul 28, 2009 1:48pm Jul 28, 2009 1:48pm
Cant do it, I need to respect the rules in this forum. But I will keep posting for you to see.

Ne

Quoting amis0405
which indicator is that bro???Can i have that>>>>
  • #152,059
  • Jul 28, 2009 1:50pm Jul 28, 2009 1:50pm
what rules?
Disclaimer: Check your 1m charts
  • #152,060
  • Jul 28, 2009 1:50pm Jul 28, 2009 1:50pm
Quoting Nene
Cant do it, I need to respect the rules in this forum. But I will keep posting for you to see.

Ne
You can send it throught e-mail and it is legal to share Indicators here. So many people did it before and no one got banned.
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