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Cable Update (GBPUSD)

  • #235,041
  • Jul 1, 2010 8:37am Jul 1, 2010 8:37am
Quoting cloggie

And by the way I am one of the dumbest traders out there and proud of it.
Now I havent heard something more lame than that.. haha
  • #235,042
  • Jul 1, 2010 8:37am Jul 1, 2010 8:37am
Cloggie,

Let me show you what trading is about........10 lots here
Attached Image (click to enlarge)
Click to Enlarge Name: saisie_chart.jpg Size: 165 KB
Non licet omnibus adire Corinthum
  • #235,043
  • Jul 1, 2010 8:38am Jul 1, 2010 8:38am
Quoting javajames
Cloggie,

Let me show you what trading is about........10 lots here

Wow, that's all you could afford, give it a few years and you should be able to manage to put on a decent size lot.
  • #235,044
  • Jul 1, 2010 8:40am Jul 1, 2010 8:40am
News coming up shortly, will see how it affects current bullish trend...
Don't be emo... don't be emo....
  • #235,045
  • Jul 1, 2010 8:40am Jul 1, 2010 8:40am
one more chart befor i go weekly cam's keep an eye in WH3 enjoy
Attached Image (click to enlarge)
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  • #235,046
  • Jul 1, 2010 8:40am Jul 1, 2010 8:40am
Quoting cloggie
Wow, that's all you could afford, give it a few years and you should be able to manage to put on a decent size lot.
Show me your trades.......please my admired guru
Non licet omnibus adire Corinthum
  • #235,047
  • Jul 1, 2010 8:41am Jul 1, 2010 8:41am
It's damn difficult PA for me.
Analised what I was doing wrong and found:

1. Not looking enough at larger timeframes, eg desciding for direction on daily TF, timing on smaller ones, do not trade against larger TF's
2. Too much looking what others (even very respectfull traders) think....
3. Countertrend trading on smaller TF's works very well for me but only in direction of larger TF's

It does sound very simple but I fell into these traps more then once, maybe I remember better by telling http://cdn.forexfactory.com/images/s.../yim/happy.gif
Don't be a hero. Don't have an ego. Always question yourself
  • #235,048
  • Jul 1, 2010 8:41am Jul 1, 2010 8:41am
Quoting javajames
Show me your trades.......please my admired guru

Nah only trolls and muppets get off on showing of their demo accounts.
  • #235,049
  • Jul 1, 2010 8:41am Jul 1, 2010 8:41am
Quoting drakes
News coming up shortly, will see how it affects current bullish trend...
If it causes a dip, IMO it would be a nice buy opportunity for those who missed first leg of this trend..
  • #235,050
  • Jul 1, 2010 8:41am Jul 1, 2010 8:41am
hey guys, first post here

i am a beginner, been only trading on demos for a month or so, and been following this forum and specially this thread for the past week.

anyway on-topic i have missed the ride down yesterday, but this morning analysis showed me a ride up so i went long at 1.4996 i am keeping it so far.. more inclined now that it broke the .57 resistance.. not sure where to stop yet tho!
Attached Image (click to enlarge)
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  • #235,051
  • Edited 8:57am Jul 1, 2010 8:45am | Edited 8:57am
Quoting cloggie
Exactly and this PA today proves you were 100% wrong, we are still in the same H4 channel we were in 4 weeks ago. It also proves your attitude towards trading, everybody else's opinion based on charts is bullshit, because you will only see what you want to see.

And by the way I am one of the dumbest traders out there and proud of it.
YOU ARE A LIAR.....I was right about the retracement and gave the exact target....
and this morning said I was in favour of uptrend resume and proved it with my previous post....
Just took my profit.....1179 €

Wish you all the best my friend
Non licet omnibus adire Corinthum
  • #235,052
  • Jul 1, 2010 8:45am Jul 1, 2010 8:45am
Today is not the day to short the cable, she is roaring back to life. However, a new high is yet to be seen but likely, so this might be a sideways consolidation forming instead of resumption of the up trend. Wait and see.
The markets can remain irrational longer than you can stay solvent. -Keynes
  • #235,053
  • Jul 1, 2010 8:48am Jul 1, 2010 8:48am
Quoting USD-Bear
It's damn difficult PA for me.
Analised what I was doing wrong and found:

1. Not looking enough at larger timeframes, eg desciding for direction on daily TF, timing on smaller ones, do not trade against larger TF's
2. Too much looking what others (even very respectfull traders) think....
3. Countertrend trading on smaller TF's works very well for me but only in direction of larger TF's

It does sound very simple but I fell into these traps more then once, maybe I remember better by telling http://cdn.forexfactory.com/images/s.../yim/happy.gif...
Well done.....

Number 2 was my archilies heel.....now I don't come here until after I have made my plan, and once I've made it, I don't care what anyone says!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #235,054
  • Jul 1, 2010 8:49am Jul 1, 2010 8:49am
Quoting cloggie
Nah only trolls and muppets get off on showing of their demo accounts.
More and more STUPID.....more than 10 years trading behind me......of course on DEMO even options DEMO trading....

Can't believe you could be so low

BTW it's my last for you.....just waste of time

Bye my dear friend
Non licet omnibus adire Corinthum
  • #235,055
  • Jul 1, 2010 8:51am Jul 1, 2010 8:51am
Quoting USD-Bear
It's damn difficult PA for me.
Analised what I was doing wrong and found:

1. Not looking enough at larger timeframes, eg desciding for direction...
  • #235,056
  • Jul 1, 2010 8:57am Jul 1, 2010 8:57am
I can feel a door arse coming
  • #235,057
  • Jul 1, 2010 8:58am Jul 1, 2010 8:58am
1BB

wana say hi befor i leave how is the family hope all doing great

congrats on holand be safe bro
  • #235,058
  • Jul 1, 2010 8:59am Jul 1, 2010 8:59am
Quoting javajames
More and more STUPID.....more than 10 years trading behind me......of course on DEMO even options DEMO trading....

Can't believe you could be so low

BTW it's my last for you.....just waste of time

Bye my dear friend
No....

Dammit JJ.

You just got back, there's no leaving yet!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #235,059
  • Jul 1, 2010 9:02am Jul 1, 2010 9:02am
Quoting kill56
1BB

wana say hi befor i leave how is the family hope all doing great

congrats on holand be safe bro
Hey Kill! Doing swell. Got the job, but I am still thinking about it, although I am swayed to changing. I have been here over 7 years now and feel like I am stuck in a rut, but if I do change it will mean a slightly longer commute and no more day trading... swing only. Choices, choices...
  • #235,060
  • Jul 1, 2010 9:03am Jul 1, 2010 9:03am
Quoting Magix
No....

Dammit JJ.

You just got back, there's no leaving yet!
Hi Magix,

Sorry my last just for Cloggies guru .....always happy to share and discuss with real TRADERS and not self pretended 10vs gurus

GL with your trading
Non licet omnibus adire Corinthum
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