so sleepy while waiting PA like this 
gmt time?!
not euphoria follower
Cable Update (GBPUSD)
- #287,021
- Aug 22, 2011 5:30am Aug 22, 2011 5:30am
- Joined Jul 2010 | Status: Always manage your risk & leverage | 7,339 Posts
so sleepy while waiting PA like this - #287,022
- Aug 22, 2011 5:33am Aug 22, 2011 5:33am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #287,023
- Aug 22, 2011 5:39am Aug 22, 2011 5:39am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
algos are playin with us.
i leave, i go for lunch, i go for something else. outside is a sunny day here...
'no loss' is 1st n best profit!
good luck guys
i leave, i go for lunch, i go for something else. outside is a sunny day here...
'no loss' is 1st n best profit!
good luck guys
90% of traders use TA, indicators and prediction
- #287,024
- Aug 22, 2011 5:41am Aug 22, 2011 5:41am
- Joined Jul 2010 | Status: Always manage your risk & leverage | 7,339 Posts
not euphoria follower
once or the other your account will be killed by this!
always put your stop loss!!!!
there is no reason not to put it!
what if market goes crazy and moves 2000 pips in few minutes? did you ever think about that?!
I know it's unconventional but my personal view is lots of these swings are algo traders, a stoploss is not effective when dealing with a market full of algos. You just get stopped out all the time,.
- #287,028
- Aug 22, 2011 6:13am Aug 22, 2011 6:13am
- Joined Jul 2010 | Status: Always manage your risk & leverage | 7,339 Posts
not euphoria follower
- #287,029
- Aug 22, 2011 6:50am Aug 22, 2011 6:50am
- Joined Jul 2010 | Status: Always manage your risk & leverage | 7,339 Posts
not euphoria follower
- #287,031
- Aug 22, 2011 9:09am Aug 22, 2011 9:09am
- Joined Mar 2007 | Status: Trader | 8,618 Posts
I see this thread has been keeping up to its recent high standard and people have been managing perfectly well without my posts. 
Anyway here it is: 1.6470 The July high is what we are sitting on now. Also the high of the 3 weeks before last week (which only managed a close below 1.6470). And now it's winding up pretty tight for a break out trade, in my opinion. Hopefully, the second half of the New York session should do it. If not we may have to wait until London tomorrow. In my opinion it will go long, because of inflation figures and the bullish July candle.
I'm still bearish on the dollar. No reason to change my mind there, is there?
Anyway here it is: 1.6470 The July high is what we are sitting on now. Also the high of the 3 weeks before last week (which only managed a close below 1.6470). And now it's winding up pretty tight for a break out trade, in my opinion. Hopefully, the second half of the New York session should do it. If not we may have to wait until London tomorrow. In my opinion it will go long, because of inflation figures and the bullish July candle.
I'm still bearish on the dollar. No reason to change my mind there, is there?
Gone to a better place
- #287,032
- Aug 22, 2011 9:15am Aug 22, 2011 9:15am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
The question is, what is the cumulative loss of your rate of getting stopped out ? You could get "stopped out" several times for every one "take profit" and still end up with a net profit.
based on my trading strategy, get a position without a stop is same thing than go down from an hill with a car, without brakes, hoping on a safe landing!
then... max respect to every one's trading strategy!
maybe bluebulluk's one is 10 times better than mine... who knows?!
90% of traders use TA, indicators and prediction
- #287,033
- Aug 22, 2011 9:18am Aug 22, 2011 9:18am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
I see this thread has been keeping up to its recent high standard and people have been managing perfectly well without my posts.
Anyway here it is: 1.6470 The July high is what we are sitting on now. Also the high of the 3 weeks before last week (which only managed a close below 1.6470). And now it's winding up pretty tight for a break out trade, in my opinion. Hopefully, the second half of the New York session should do it. If not we may have to wait until London tomorrow. In my opinion it will go long, because of inflation figures and the...
long time no see you here.
me too im still bullish on GU but sincerely i expect a move down near some main support area to find new power for highs.
let's see if breakes out this ranging today but looks like you are right: nothing until late NY/london closing
90% of traders use TA, indicators and prediction
- #287,034
- Aug 22, 2011 9:25am Aug 22, 2011 9:25am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #287,035
- Aug 22, 2011 9:34am Aug 22, 2011 9:34am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #287,036
- Aug 22, 2011 9:37am Aug 22, 2011 9:37am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #287,037
- Aug 22, 2011 9:39am Aug 22, 2011 9:39am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
knocking on bottom now
90% of traders use TA, indicators and prediction
- #287,039
- Aug 22, 2011 11:20am Aug 22, 2011 11:20am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
- #287,040
- Aug 22, 2011 11:36am Aug 22, 2011 11:36am
- | Joined Jul 2009 | Status: yo | 3,577 Posts
6440 for a chance lower..
