DislikedHAven't we double topped on 4h and broken thru neck line? Targeting .6050Ignored
Cable Update (GBPUSD)
- #272,963
- Feb 25, 2011 4:47am Feb 25, 2011 4:47am
- Joined Dec 2009 | Status: The New Legend™ | 4,846 Posts
Will it bounce ?
She try Broke Support Price @ 1.6061
Let we see...
Always looking the GREAT, never left GOOD Point...
- #272,971
- Feb 25, 2011 5:30am Feb 25, 2011 5:30am
It has been a scary month for me, but today is a good day.
Ive been covering a short at 15875 for quite a while now buying the dips for several weeks.
At one point my equity was down almost 80%. At the start of this week I was still down about 60% when it was at its high.
As of this moment, I am in another covering long that has frozen my equity at ... +2%!!!. My balance is up 58% since the start of the year, but for me to get that back I still need to see GU down to the 15900 level again. I suspect that I will enter a few more longs along the way, but I can breath a bit easier now.
Ive been covering a short at 15875 for quite a while now buying the dips for several weeks.
At one point my equity was down almost 80%. At the start of this week I was still down about 60% when it was at its high.
As of this moment, I am in another covering long that has frozen my equity at ... +2%!!!. My balance is up 58% since the start of the year, but for me to get that back I still need to see GU down to the 15900 level again. I suspect that I will enter a few more longs along the way, but I can breath a bit easier now.
- #272,972
- Feb 25, 2011 5:52am Feb 25, 2011 5:52am
- Joined Dec 2009 | Status: The New Legend™ | 4,846 Posts
Tsar, I do have question whether Elemental Trader v2 provides good Gartley Pattern with high accuracy or simply just flipping a coin.
I saw many similarities with ZUP v8.6
Best Regards,
Tsar
Always looking the GREAT, never left GOOD Point...
- #272,974
- Feb 25, 2011 6:03am Feb 25, 2011 6:03am
I can tell you that if you keep trading this way, you will go bust sooner or later. This post shows all the hallmarks of bad trading. I won't go in the details... you can figure it out for yourself, if you ever do!!!
Im not a complete moron, cant have survived this long if i was
- #272,977
- Feb 25, 2011 6:25am Feb 25, 2011 6:25am
- Joined Feb 2010 | Status: Inactive | 6,482 Posts
Yeah, I know... Ive been trading for 3 years now. This is the first time Ive found myself in this position. Got tired of my SL being hit then the price going the direction I expected it to in the first place... so when the trade was approaching my SL I removed it, and have been paying for that since.
Im not a complete moron, cant have survived this long if i was
- #272,979
- Feb 25, 2011 6:30am Feb 25, 2011 6:30am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
Ok it seems this might actially reach a target, yesterday a was just playing the break even game the whole time hehe, then i had to go to the shop and i missed the drop.
i bought 2 or 3 pips above you.
closed half in 6100
dont like it a lot
you think will get 6120?
90% of traders use TA, indicators and prediction
- #272,980
- Feb 25, 2011 6:41am Feb 25, 2011 6:41am
- | Joined Apr 2010 | Status: AFRIKANER :D | 449 Posts
i bought 2 or 3 pips above you.
closed half in 6100
dont like it a lot
you think will get 6120?
No i was reasoning we might see return to moving avg there, as its in line with the 6116 high so i would of closed my whole position at very near the moving avg there, so im not so sure we will have to wait and see hey.
But as for biase going to the market, it would be lovly if it goes to 6120
.Sorry my post helpd absolutly nothing.