Trade what you see, Not what you think.
Cable Update (GBPUSD)
- #274,222
- Mar 16, 2011 10:31am Mar 16, 2011 10:31am
- Joined Jun 2010 | Status: Hello,Mr.Market | 1,806 Posts
A chart helps those who can read it.
- #274,223
- Mar 16, 2011 10:33am Mar 16, 2011 10:33am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #274,226
- Mar 16, 2011 10:42am Mar 16, 2011 10:42am
- Joined Feb 2010 | Status: Inactive | 6,482 Posts
2 positions open on a overleveraged micro account and it drops. Need to stop reading outlook sites etc and stick to my gut! grrr!
5973 SL for me going to break me when it touchesOh well
- #274,227
- Mar 16, 2011 10:47am Mar 16, 2011 10:47am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
I dunno... too late in the day if you ask me, but stranger things have happened!
can sleep here 5990-6005 for a while then crash.
euro did same thing (happy for my shorts since 4000
)
90% of traders use TA, indicators and prediction
- #274,228
- Mar 16, 2011 10:48am Mar 16, 2011 10:48am
Yes... stop reading them. I did when I first started out, but they are just a load of bollox! If you are not sure of what the market is doing, they are like a comfort blanket, but I can assure you that they can be just as wrong. Best to stick to your own ideas!
- #274,229
- Mar 16, 2011 10:49am Mar 16, 2011 10:49am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
2 positions open on a overleveraged micro account and it drops. Need to stop reading outlook sites etc and stick to my gut! grrr!
5973 SL for me going to break me when it touches
dont read at outlook sites
a lot of time they only confuse
90% of traders use TA, indicators and prediction
- #274,230
- Mar 16, 2011 10:53am Mar 16, 2011 10:53am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
Was originally looking at short when a big bear candle formed below the pivot point but the news changed me to long now I'm basically waiting to see if I get stopped out. Can only trade 1k lots (not nano) on FXCM (did not realize this until i put cash in) so each trade I win lose is 3-10% account +/-...wonder how long it will last
omg let me understand...
you can only put 1000$ each trade?
90% of traders use TA, indicators and prediction
- #274,231
- Mar 16, 2011 11:15am Mar 16, 2011 11:15am
- | Commercial User | Joined Feb 2010 | 2,739 Posts
- #274,232
- Mar 16, 2011 11:42am Mar 16, 2011 11:42am
- | Commercial User | Joined Feb 2010 | 2,739 Posts
I think I will long again TP 1.6050 as a minimum
long as well on GJ TP 128.20
GU is still on and going higher
I was lucky this time with the timing
GU is long since 1.6087 ....I think I will close a bit of it at 1.6020 and leave the rest to 1.6050 and above
pull back now as the % min cross on ichi must be formed
- #274,234
- Mar 16, 2011 11:53am Mar 16, 2011 11:53am
- | Commercial User | Joined Feb 2010 | 2,739 Posts
aaaa,there is a butterfly on M15 and M30 if anyone belives they can fly to the sky
the formation is pointing up but I frankly don't know how to read those animals and insects
p.s. I am not mocking the people that use it but I am just ingnorant as ignorance is blessing
it was just a head's up for the ones looking at those formations
the formation is pointing up but I frankly don't know how to read those animals and insects
p.s. I am not mocking the people that use it but I am just ingnorant as ignorance is blessing
it was just a head's up for the ones looking at those formations
- #274,235
- Mar 16, 2011 12:56pm Mar 16, 2011 12:56pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
hey hey watch out bro!
look at euro breakin
i expect also gbp usd will do!
you were right!
90% of traders use TA, indicators and prediction
- #274,237
- Mar 16, 2011 2:19pm Mar 16, 2011 2:19pm
- Joined Sep 2010 | Status: Trader | 11,327 Posts
what was that spike all about??
- #274,238
- Mar 16, 2011 2:21pm Mar 16, 2011 2:21pm
- | Joined Apr 2009 | Status: temporarily correct | 1,757 Posts
