Cable Update (GBPUSD)
4 misses should never wipe out your account. Your money management needs to improve (or you should wait until you have larger balance to trade). I recommend moving up to the bigger timeframes and trading smaller lot sizes. May take more time, but also safer.
don't believe? prove it.
IF after the weeks it took to get there, stopped and reversed magically, I might have been able to issue a golf clap. Thing is...It didn't, it kept right on falling. 900 or so lower, well, before moving back up to the 1.6'...
Again, it's moot.
Meaningless. Random guess.
IF we eventually get there...are we going to have to sit through that "I told you so"?
How many days/weeks/months/cycles will we go through before we see that, and a big "IF" we ever see there?
I'm going to make a call... I say GU will go to 1.25.
My next post will say GU goes to 1.60.
(when one is right, delete the wrong one)
if don't mind)
And if you are right about it being a guess are you going to say : "i told you so!!!!!"
????????
I am not interested talking about thousand of pips, hedge Long and Short at WP 1.4863 for +20 each ! No SL ---> will loss it if forced !
What a bunch of sh!t out of US equities, 5/6 damn days later and
"we don't know how this happened" -
SIMPLE- People who move money got scared and HIT SELL with BIG orders!
.
I heard one "talking head" on bloomberg say it was because the Usd/Jpy tanked and panic set in LOL
