Cable Update (GBPUSD)
- #174,822
- Oct 9, 2009 9:59am Oct 9, 2009 9:59am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
You may laugh, but all it takes is 200 pips a day, every day, and within one year anyone can turn $100 into $10million!
Trading is very simple! Buy when the price is at its lowest and sell when it touches its highest.
sorry boss. I don't have that kinda skills, all I have is a lot of luck & a lot of lines. That's how I keep myself profitable all this years. Look, I saved 10 pips from 6130 yesterday & held on to a full blown retrace today. Can you top that? Nobody will ever be as lucky as me
Btw can you teach me how to make 200 pips a day, everyday?
Thank You
- #174,823
- Oct 9, 2009 9:59am Oct 9, 2009 9:59am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
You may laugh, but all it takes is 200 pips a day, every day, and within one year anyone can turn $100 into $10million!
Trading is very simple! Buy when the price is at its lowest and sell when it touches its highest.
Hey everyone!
The last 24Hrs have turned my crappy week in forex around.
I was down -190pips before yesterday and currently I'm up +230pips, with 2 open trades.
I still find myself forcing trades, which usually ends up as a loss.
Patience is the key after planning your trades!
I have a question for the more experienced traders, so any advice will be useful. I still struggle a bit to manage my trades when I'm in one.
In the chart below, we are heading towards the marked trend line @ 1.5880.
I expect a bounce from it, but with the current momentum we can still move another 100 pips down, towards 1.5765 or even further down.
Is it a good idea to watch price action in this zone and exit if a reverse signal appear or is it better just to be conservative and place a TP at 1.5880?
It's probably best to have multilots and just exit half or part of it at 1.5880 and let the rest do whatever, but I want to know how you would treat one lot specifically?
The last 24Hrs have turned my crappy week in forex around.
I was down -190pips before yesterday and currently I'm up +230pips, with 2 open trades.
I still find myself forcing trades, which usually ends up as a loss.
Patience is the key after planning your trades!
I have a question for the more experienced traders, so any advice will be useful. I still struggle a bit to manage my trades when I'm in one.
In the chart below, we are heading towards the marked trend line @ 1.5880.
I expect a bounce from it, but with the current momentum we can still move another 100 pips down, towards 1.5765 or even further down.
Is it a good idea to watch price action in this zone and exit if a reverse signal appear or is it better just to be conservative and place a TP at 1.5880?
It's probably best to have multilots and just exit half or part of it at 1.5880 and let the rest do whatever, but I want to know how you would treat one lot specifically?
- #174,825
- Oct 9, 2009 10:02am Oct 9, 2009 10:02am
- Joined Jun 2008 | Status: Trader | 1,739 Posts
sorry boss. I don't have that kinda skills, all I have is a lot of luck. That's how I keep myself profitable all this years. Look, I saved 10 pips from 6130 yesterday & held on to a full blown retrace today. Can you top that? Nobody will ever be as luck as me
Btw can you teach me how to make 200 pips a day, everyday?
From the shape of the daily candle that is forming, further cable weakness looks very probable going into next week, mate.
- #174,826
- Oct 9, 2009 10:02am Oct 9, 2009 10:02am
- Joined Mar 2007 | Status: 'sleeping in a dumpster' | 2,151 Posts
Or not....
Light-hearted humor to wake
up to and clear the mind!
Good job.
Dr. D.
- #174,829
- Oct 9, 2009 10:06am Oct 9, 2009 10:06am
- | Commercial User | Joined Jul 2009 | 5,375 Posts
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
- #174,830
- Oct 9, 2009 10:09am Oct 9, 2009 10:09am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
Time to go, all shorts closed
Happy weekend all,Take care
u too brother enjoy..
- #174,831
- Oct 9, 2009 10:11am Oct 9, 2009 10:11am
- Joined Mar 2007 | Status: 'sleeping in a dumpster' | 2,151 Posts
- #174,832
- Oct 9, 2009 10:19am Oct 9, 2009 10:19am
- Joined Jul 2009 | Status: Trader | 4,859 Posts
Disclaimer: Check your 1m charts
- #174,833
- Oct 9, 2009 10:27am Oct 9, 2009 10:27am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
Wonder what Obama will do with the $1.4Million prize?
Ghost Rider - WWTBMD?
- #174,834
- Oct 9, 2009 10:34am Oct 9, 2009 10:34am
- Joined Jan 2009 | Status: Per Aspera Ad Astra | 6,262 Posts
- #174,835
- Oct 9, 2009 10:35am Oct 9, 2009 10:35am
- Joined Jul 2009 | Status: Trader | 4,859 Posts
He could throw it here to Ireland to help the mess we are in
Disclaimer: Check your 1m charts
- #174,836
- Oct 9, 2009 10:35am Oct 9, 2009 10:35am
- Joined Jul 2009 | Status: Trader | 4,859 Posts
Disclaimer: Check your 1m charts
- #174,837
- Oct 9, 2009 10:36am Oct 9, 2009 10:36am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
Probably not pay taxes on it...
wow that a lot prize..along with all the other benefits of being president, in a world of debt..he should donate it..but he wont even consider it..
then i say.."he the man"..
- #174,838
- Oct 9, 2009 10:47am Oct 9, 2009 10:47am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
Good day to you,
Ready?
yip ...oh happy days!!
round 12 ding ding!!
can of woop ass!!
- #174,839
- Oct 9, 2009 10:47am Oct 9, 2009 10:47am
- Joined Jan 2009 | Status: Per Aspera Ad Astra | 6,262 Posts
- #174,840
- Oct 9, 2009 10:52am Oct 9, 2009 10:52am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
along with all the other benefits of being president, in a world of debt..he should donate it..but he wont even consider it..
then i say.."he the man"..
Yeah, with the 800 billion he stole from us, if he gave it to us, it would be the most we'll ever see back.....
Ghost Rider - WWTBMD?