You've got to be IN IT to WIN IT!
Cable Update (GBPUSD)
- #173,943
- Oct 7, 2009 2:21pm Oct 7, 2009 2:21pm
- | Joined May 2009 | Status: Trader | 1,124 Posts
hey you too .. when an opportunity presents, yes .. i'm waiting to long around 1.03 based on its weekly .. untill then flat
. I am concentrating on GU and having fun simply scalping the ranges. Keeps me going nice and steady.
You've got to be IN IT to WIN IT!
- #173,944
- Oct 7, 2009 2:34pm Oct 7, 2009 2:34pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
I was not always bro. Took time really to get to the point.
I think the key to psychological strength in trading is to have a trade system which you can really trust on ( technical & risk management put together ), something that you've work with for so long that it becomes second nature. From there on not many things can distract you really. Well at least that's how I got to the point.
Most people never get off the blocks because they tend to spend too much time tweaking with different technical indicators, which is a complete waste of time if...
yes very true, myself as u know have been playing with the trendlines and i get the problems due to changes, your right if it aint broke, dont try to tweak, u lose your form
Oh no u r leaving..well
Cya soon bro
- #173,945
- Oct 7, 2009 2:46pm Oct 7, 2009 2:46pm
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
yes very true, myself as u know have been playing with the trendlines and i get the problems due to changes, your right if it aint broke, dont try to tweak, u lose your form
I meant those who keep on adding or changing technical indicators one after another. Most of the stuff are the same really if you know how to read it right.
Ever seen those screenshots that has tons of indies? lol
You're doing fine bro, just need to keep it simple
Thank You 
- #173,946
- Oct 7, 2009 2:52pm Oct 7, 2009 2:52pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
I didn't mean you bro.
I meant those who keep on adding or changing technical indicators one after another. Most of the stuff are the same really if you know how to read it right.
Ever seen those screenshots that has tons of indies? lol
You're doing fine bro, just need to keep it simple
there was a guy in here 2 day back having 4 indicator doing the same thing..i so know what u mean..whats your view on cable right now bro?
im long..i just hope 1.60 can go as well..
- #173,947
- Oct 7, 2009 2:58pm Oct 7, 2009 2:58pm
- Joined Apr 2008 | Status: Trader | 9,414 Posts
i thought it was u that was leaving....
- #173,949
- Oct 7, 2009 3:05pm Oct 7, 2009 3:05pm
yeah i know bro!
there was a guy in here 2 day back having 4 indicator doing the same thing..i so know what u mean..whats your view on cable right now bro?
im long..i just hope 1.60 can go as well..
1.60 will easily be reachd prop tonight before rate decisions, but i think that will bethe last visit of 1.6x for a while. Down it shall go from there
The Sky is the Limit!
- #173,950
- Oct 7, 2009 3:06pm Oct 7, 2009 3:06pm
- Joined Apr 2008 | Status: Trader | 9,414 Posts
this sucker isnt moving until the rate annoucment .. after the RBA raising rates, all other rate annoucements will be heavily weighted .. take care in taking fresh positions now guys
aud/usd looks toppy on the weekly .. check it out
I keey an eye on it
- #173,951
- Oct 7, 2009 3:15pm Oct 7, 2009 3:15pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
1.60 will easily be reachd prop tonight before rate decisions, but i think that will bethe last visit of 1.6x for a while. Down it shall go from there
so just slightly up for the week..
- #173,952
- Oct 7, 2009 3:16pm Oct 7, 2009 3:16pm
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Yes true as my self spent first 1y year do that and i guess that part of learning till you find system you goes with it and feel comfortable doing the trade.
Most people would be off to the races in less than a month to lose their money.
Thank You
- #173,953
- Oct 7, 2009 3:19pm Oct 7, 2009 3:19pm
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
yeah i know bro!
there was a guy in here 2 day back having 4 indicator doing the same thing..i so know what u mean..whats your view on cable right now bro?
im long..i just hope 1.60 can go as well..
okay I'm still bearish cable. There is no way it's bullish, not yet anyway. I have no plans for any new positions.
Here is my current take on cable bro: http://www.forexfactory.com/showpost...postcount=3293
Thank You
- #173,954
- Oct 7, 2009 3:24pm Oct 7, 2009 3:24pm
- Joined Dec 2008 | Status: Conservative | 2,112 Posts
okay I'm still bearish cable. There is no way it's bullish, not yet anyway. I have no plans for any new positions.
Here is my current take on cable bro: http://www.forexfactory.com/showpost...postcount=3293
hey guys .. interesting close on todays djia .. check it out .. made a lower swing low, retraced 61.8% and made a doji .. time for dollar strength????
- #173,955
- Oct 7, 2009 3:27pm Oct 7, 2009 3:27pm
- Joined Apr 2008 | Status: Trader | 9,414 Posts
yeah i know bro!
there was a guy in here 2 day back having 4 indicator doing the same thing..i so know what u mean..whats your view on cable right now bro?
im long..i just hope 1.60 can go as well..
Daiy down trend but for many days u seen what's happenning
I wil be watching 1.5850 - 1.5950 -"1.6040" - "1.6170" then I will Short again
- #173,956
- Oct 7, 2009 3:28pm Oct 7, 2009 3:28pm
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
whats up bro!
hey guys .. interesting close on todays djia .. check it out .. made a lower swing low, retraced 61.8% and made a doji .. time for dollar strength????
been a while. how's trading coming?
Thank You
- #173,957
- Oct 7, 2009 3:29pm Oct 7, 2009 3:29pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
okay I'm still bearish cable. There is no way it's bullish, not yet anyway. I have no plans for any new positions.
Here is my current take on cable bro: http://www.forexfactory.com/showpost...postcount=3293
yes i wasnt too comfortable closed for +69i noticed it went up and stalled exactly around the 61.8 fib, thats a bit to dodgeball for me
- #173,958
- Oct 7, 2009 3:36pm Oct 7, 2009 3:36pm
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Thank You
- #173,959
- Oct 7, 2009 3:42pm Oct 7, 2009 3:42pm
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
i noticed it went up and stalled exactly around the 61.8 fib, thats a bit to dodgeball for me
welp you got paid at least I'm off bro, need to zzzzzzzz. Catch you london session tomorrow. Trade safe!
Thank You
