i believe she has found a confort zone, an not ready to go nort or south
Cable Update (GBPUSD)
- #161,162
- Aug 27, 2009 1:17am Aug 27, 2009 1:17am
- Joined Mar 2009 | Status: FX | 3,789 Posts
Veni, Vidi, Vici (We came, we saw, we conquered)
- #161,163
- Aug 27, 2009 1:19am Aug 27, 2009 1:19am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
What's going on here.....;
Thank You 
- #161,165
- Aug 27, 2009 1:25am Aug 27, 2009 1:25am
- Joined Mar 2009 | Status: FX | 3,789 Posts
lol, how's it going bro
I'm good mate, taking a small long for the heck of it. You still have your shorts on?
Veni, Vidi, Vici (We came, we saw, we conquered)
- #161,166
- Aug 27, 2009 1:29am Aug 27, 2009 1:29am
Many people are afraid of wide stops. All that is needed is some adjustment to the position sizing. Like you said, lower the amount of pip per trade. Comes down to the same thing really. The difference is you'd be able to trade off larger moves with minimal screen time. Less trading, less mistakes.
Good luck
Cheers WB I think you may be right on that, I have had a pretty good success rate this last month trading one a day, between three and four times a week, going for low pips, staying away over news releases (got burned and learned my lesson on that one). My plan is relatively simple, 20 pip stop, target of 30 - 35 pips, with a 75% strike rate, I was pretty close to it as well, so, in theory, it would take two losses to take out one profitable trade, I made a mistake on monday and let my nerves get the better on me and pulled out early with only 20 pips, which broke my own rules and moments after taking my money off the table, she moved massively in my favour and I would have easily taken my 35 pips, but thats the market and why I have rules...which I am learning to abide by!
I take onboard new things everyday, and often just watch the market with no intention of making a trade, just trying to learn a little something each day.
Find the posts on here really helpful, obviously there is a lot of noise on here from a few people that may or may not know a lot, but its quite easy to ignore that and look out for you chaps that seem to get it right more often than not, its definately food for thought!
Many thanks!
Ant
- #161,167
- Aug 27, 2009 1:30am Aug 27, 2009 1:30am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Thank You
- #161,168
- Aug 27, 2009 1:34am Aug 27, 2009 1:34am
- Joined Mar 2009 | Status: FX | 3,789 Posts
Nothing big, just flirting.
Veni, Vidi, Vici (We came, we saw, we conquered)
- #161,171
- Aug 27, 2009 1:52am Aug 27, 2009 1:52am
First leg order cancelled..... 2nd leg is still open.
I'm buying @ 1.6216... SL... 1.6175... TP 1.6330
I'm Also having Long Position at 1.6224 TP Same 1.6330 ... Right Now No Stop Loss... But Dear I think Itz Totally Bearish....
Positive HPI Data is Not helping her to gain some Points
- #161,172
- Aug 27, 2009 1:55am Aug 27, 2009 1:55am
- Joined Mar 2009 | Status: FX | 3,789 Posts
Latest Helpful Chart 4 Those Who Care ,
Sorry Hasnaa, just filliing in the time, but please take it as a compliment.
Veni, Vidi, Vici (We came, we saw, we conquered)
- #161,174
- Aug 27, 2009 1:57am Aug 27, 2009 1:57am
- Joined Mar 2009 | Status: FX | 3,789 Posts
I'm Also having Long Position at 1.6224 TP Same 1.6330 ... Right Now No Stop Loss... But Dear I think Itz Totally Bearish....
Positive HPI Data is Not helping her to gain some Points
Veni, Vidi, Vici (We came, we saw, we conquered)
- #161,175
- Aug 27, 2009 1:58am Aug 27, 2009 1:58am
- | Joined Dec 2007 | Status: Trader | 3,220 Posts
I only trade XAU/USD. Based on USD news & Fib SR & BB20
- #161,176
- Aug 27, 2009 2:06am Aug 27, 2009 2:06am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
Good MAE Everyone...
Well I see I haven't missed much by sleeping in late huh?
Well I see I haven't missed much by sleeping in late huh?
Ghost Rider - WWTBMD?
- #161,177
- Aug 27, 2009 2:10am Aug 27, 2009 2:10am
Keep your stops tight.... mine is at 1.6175, be careful trading against the trend with no SL.
Prelim Business Investment q/q
-10.4%
-3.6%-7.6%http://www.forexfactory.com/images/m...us_revised.gif
Bearish News....
I think i have to Reverse My Position... What you say?
- #161,178
- Aug 27, 2009 2:10am Aug 27, 2009 2:10am
- Joined Mar 2009 | Status: FX | 3,789 Posts
Good MAE Everyone...
Well I see I haven't missed much by sleeping in late huh?
Hey buddy, slow, slow, slow..... getting bored and uneventful.
Still holing your short?
Veni, Vidi, Vici (We came, we saw, we conquered)
- #161,179
- Aug 27, 2009 2:12am Aug 27, 2009 2:12am
- Joined Mar 2009 | Status: FX | 3,789 Posts
Prelim Business Investment q/q
-10.4%
-3.6%-7.6%http://www.forexfactory.com/images/m...us_revised.gif
Bearish News....
I think i have to Reverse My Position... What you say?
Veni, Vidi, Vici (We came, we saw, we conquered)
- #161,180
- Aug 27, 2009 2:12am Aug 27, 2009 2:12am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
.
Hey buddy, slow, slow, slow..... getting bored and uneventful.
Still holing your short?
Yeah You can always tell when the market is dead by the number of music videos in the threads...lol
Ghost Rider - WWTBMD?