Short 1.6100, SL + 8 pips, target 1.6006, turn off computer and go bed ! See you all tomorrow ! 
I only trade XAU/USD. Based on USD news & Fib SR & BB20
Cable Update (GBPUSD)
- #174,422
- Oct 8, 2009 1:18pm Oct 8, 2009 1:18pm
- Joined Jun 2007 | Status: As you say Ingles - rich and free | 2,751 Posts
- #174,423
- Oct 8, 2009 1:18pm Oct 8, 2009 1:18pm
Tau,
I think we should all just start doing the exact opposite of what we think we should do. When you want to buy, sell instead and vice versa. This pair has driven me nuts this week. The range, the slow motion and all the non sense movment. Arghh!!
I think we should all just start doing the exact opposite of what we think we should do. When you want to buy, sell instead and vice versa. This pair has driven me nuts this week. The range, the slow motion and all the non sense movment. Arghh!!
The Sky is the Limit!
- #174,425
- Oct 8, 2009 1:22pm Oct 8, 2009 1:22pm
- Joined Apr 2008 | Status: Trader | 9,414 Posts
oh crap that bring back memories
all them green candles and what do i do sell.....its unbelieveable isnt it
holly shit we are retracing.....woot!!!!!!!!!!
1-Most pairs go up against us$ nice we ARE IN REcovery
2-DownJ - SP And stock market ALL UP, Yeah things go to be better recovery
2- US can export much and jobs will be available
Are we really in recovery?
Still waiting to go short ,Will be watching G/u @1.6050
- #174,426
- Oct 8, 2009 1:28pm Oct 8, 2009 1:28pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
Tau,
I think we should all just start doing the exact opposite of what we think we should do. When you want to buy, sell instead and vice versa. This pair has driven me nuts this week. The range, the slow motion and all the non sense movment. Arghh!!
- #174,428
- Oct 8, 2009 1:34pm Oct 8, 2009 1:34pm
- Joined Jan 2009 | Status: Per Aspera Ad Astra | 6,262 Posts
Tau,
I think we should all just start doing the exact opposite of what we think we should do. When you want to buy, sell instead and vice versa. This pair has driven me nuts this week. The range, the slow motion and all the non sense movment. Arghh!!
Yip, but the actual problem is this: We tend to quickly cut our winners, but hold onto our wrong trades. Giving the impression that we continuously lose. By turning this around, we will have the same result...as it is a mental issue.
We just need to get better at taking positions. I have seen this week, that your initial entry is of utmost importance.... like BBmac said: do not enter in the middle of nowhere. Pick the entries and manage them from thereon...
I had an "off" week - out of sinc, as it were...
But I am more determined than ever.
I wish you awesome results and only the best
My highest regards
Good day to you,
Yip, but the actual problem is this: We tend to quickly cut our winners, but hold onto our wrong trades. Giving the impression that we continuously lose. By turning this around, we will have the same result...as it is a mental issue.
We just need to get better at taking positions. I have seen this week, that your initial entry is of utmost importance.... like BBmac said: do not enter in the middle of nowhere. Pick the entries and manage them from thereon...
I had an "off" week - out of sinc, as it were...
But I am more...
Get Up There or Die Trying.
- #174,430
- Oct 8, 2009 1:45pm Oct 8, 2009 1:45pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
Hello ALL, nAVIN Bro hw r u doing today?I came from my work to see UPP move.
1-Most pairs go up against us$ nice we ARE IN REcovery
2-DownJ - SP And stock market ALL UP, Yeah things go to be better recovery
2- US can export much and jobs will be available
Are we really in recovery?
Still waiting to go short ,Will be watching G/u @1.6050
im ok brother just got a few blows from cable i went short instead of long...hehe
- #174,432
- Oct 8, 2009 1:47pm Oct 8, 2009 1:47pm
- Joined Mar 2009 | Status: Trader | 25,480 Posts
Cool, just turned the charts back on and still alive. Don't know for how long but hopefully that test of 6120ish was it and she'll fall like a good cable now....
Ghost Rider - WWTBMD?
- #174,433
- Oct 8, 2009 1:53pm Oct 8, 2009 1:53pm
- | Joined Jul 2008 | Status: Clear Cut System Trader | 1,111 Posts
- #174,434
- Oct 8, 2009 1:56pm Oct 8, 2009 1:56pm
- Joined Jan 2009 | Status: Per Aspera Ad Astra | 6,262 Posts
Cool, just turned the charts back on and still alive. Don't know for how long but hopefully that test of 6120ish was it and she'll fall like a good cable now....
Told the okes that the next two 1hr bars would tell direction and/or bring relief. (those are just about over) I got out a while ago. Survived, but not pleasant....
PA, for me, was a martherfarger this week. You must remember I come from a 1000 indicator per chart background....Soo.. difficult to say the least.
Wish you profits
Regards
- #174,435
- Oct 8, 2009 1:57pm Oct 8, 2009 1:57pm
- | Joined Jul 2008 | Status: Clear Cut System Trader | 1,111 Posts
- #174,436
- Oct 8, 2009 1:59pm Oct 8, 2009 1:59pm
- Joined Jun 2008 | Status: Trader | 1,318 Posts
Please ask questions and share your experiences with us all!
- #174,438
- Oct 8, 2009 2:08pm Oct 8, 2009 2:08pm
- Joined Apr 2008 | Status: Trader | 9,414 Posts
im ok brother just got a few blows from cable i went short instead of long...hehe
Now if we close here today that wil looks somehow bullshit
I will short but i will take another look after cup of english Tea
- #174,439
- Oct 8, 2009 2:08pm Oct 8, 2009 2:08pm
- | Joined May 2009 | Status: Trader | 1,124 Posts
You've got to be IN IT to WIN IT!
- #174,440
- Oct 8, 2009 2:13pm Oct 8, 2009 2:13pm
- Joined Apr 2008 | Status: Trader | 9,414 Posts
Hi guys,
This is the first time that I am writing on this thread. I joined you guys about a month ago, invested $700 and with the knowledge gained from jacko and j16 and following this thread, I turned that into $3600. I only immitated what you guys showed on your charts, picking your points and looking those on my charts and if I was convinced I traded. The most important thing I learned from this thread are three main points;
Hats up to you guys.
How much u risk per 1 trade?