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Cable Update (GBPUSD)

  • #323,401
  • Sep 4, 2012 4:50am Sep 4, 2012 4:50am
Quoting nAVIN2007
u the only one i know who can try blow an account and make money

unless the account blow meant account increase in size
i might be crazy but im not that damn crazy, altho i was short heavy because i thought i had a strong sell signal at the time when my buzz wore off it wasnt a strong sell signal it was a strong buy signal, after i came down from my buzz i had to manage the trade without blowing my account because i was short big time
  • #323,402
  • Sep 4, 2012 4:52am Sep 4, 2012 4:52am
Quoting nAVIN2007
u the only one i know who can try blow an account and make money

unless the account blow meant account increase in size
That's a good way of looking at it
Come with me if you want to live....
  • #323,403
  • Sep 4, 2012 4:54am Sep 4, 2012 4:54am
Quoting PoundTrader
i might be crazy but im not that damn crazy, altho i was short heavy because i thought i had a strong sell signal at the time when my buzz wore off it wasnt a strong sell signal it was a strong buy signal, after i came down from my buzz i had to manage the trade without blowing my account because i was short big time
i guess you can say i cover my ass, this shit wont happen again, word of advise never trade while high, i was damn near dead http://www.pic4ever.com/images/minzdr.gif, but im back now http://www.pic4ever.com/images/Ghelyon.gif
  • #323,404
  • Sep 4, 2012 5:03am Sep 4, 2012 5:03am
Quoting nAVIN2007
u the only one i know who can try blow an account and make money

unless the account blow meant account increase in size
all jokes aside navin, im realy bored trading forex there's other business venture i would like to get into i just havent made the leap yet, my forex trading is comming to an end navin, the money is good but i have other dreams i need to follow if i don't i will be old and regret i never follow thru with my dreams.
  • #323,405
  • Sep 4, 2012 5:05am Sep 4, 2012 5:05am
http://www.easyfreesmileys.com/smileys/sleep-029.gif
  • #323,406
  • Sep 4, 2012 5:12am Sep 4, 2012 5:12am
Quoting PoundTrader
jasm i been out of these trades last week at 1.5773
Good for you!
Believe what you see instead of what you think!
  • #323,407
  • Sep 4, 2012 5:17am Sep 4, 2012 5:17am
Quoting PoundTrader
all jokes aside navin, im realy bored trading forex there's other business venture i would like to get into i just havent made the leap yet, my forex trading is comming to an end navin, the money is good but i have other dreams i need to follow if i don't i will be old and regret i never follow thru with my dreams.
i hear ya buddy..
if u dont follow yur dream ..u never feel complete..
i totally get it..and forex is becoming quite boring..i certainly not doing this again

I never thought i could actualy die b4 this sum bitch materialize..hehe
i now know different
  • #323,408
  • Sep 4, 2012 5:20am Sep 4, 2012 5:20am
Quoting PoundTrader
i might be crazy but im not that damn crazy, altho i was short heavy because i thought i had a strong sell signal at the time when my buzz wore off it wasnt a strong sell signal it was a strong buy signal, after i came down from my buzz i had to manage the trade without blowing my account because i was short big time
Why dont withdrawal the money of your account and use the money to begin your new business?
Or if you really want lose your forex account, why dont send me the money? Im still a rookie i need cash hahhaahahahah (visa accepted)
  • #323,409
  • Sep 4, 2012 5:23am Sep 4, 2012 5:23am
Quoting nAVIN2007
i hear ya buddy..
if u dont follow yur dream ..u never feel complete..
i totally get it..and forex is becoming quite boring..i certainly not doing this again

I never thought i could actualy die b4 this sum bitch materialize..hehe
i now know different
For me Forex trading is like playing golf.
After a bad week I tell myself 'Never again... I'm outta here' but then I think about the good weeks and the thrill and excitement of watching a trade play out exactly as my charts said they would, and before I know it I'm back in the game

I guess deep down inside I'll always be a trader, whether I like it or not

Show Me Your Pips!!!
  • #323,410
  • Sep 4, 2012 5:31am Sep 4, 2012 5:31am
The 20 day atr is down to 78 at the moment - this is some 42 pips less than the 120 or so we were see-ing last year. Of course summer always see's less volume and tighter atr's and they generally widen out into the last 1/4 of the year.

For a long while now the action has been on the 1hr and below and like any other business you have to adjust your approach when these conditions are upon us. I have always operated on the sub 1hr t/f's (70% of my entries on 1min) and in this way I can be productive in these conditions and others.

As for the point about forex trading being boring - yes it is and it should be - but I guess that post refers more to these conditions decsribed above. My response to these conditions is again to operate on the shorter t/f's so that in a 4-5hr period I will see as many potential set-ups as one might over say 1 week on the 1hr t/f - on one pairing.

I agree about following your dreams - good luck to you PoundTrader

G/L
ex member
  • #323,411
  • Sep 4, 2012 5:33am Sep 4, 2012 5:33am
http://reddragonleo.com/wp-content/u...h-chainsaw.jpg
not euphoria follower
  • #323,412
  • Sep 4, 2012 5:37am Sep 4, 2012 5:37am
Quoting redbeben
if I was biased now I would be short term short like now @ 1.5890

SL @ 1.5930 and TP1 1.583X
TP2 @ 1.5797-99 and TP3 @ 1.5761-65

I'll take my chance here
hmmmm

I might get out

I might stay a while
  • #323,413
  • Sep 4, 2012 5:37am Sep 4, 2012 5:37am
Quoting Itrade24h
Why dont withdrawal the money of your account and use the money to begin your new business?
Or if you really want lose your forex account, why dont send me the money? Im still a rookie i need cash hahhaahahahah (visa accepted)
i withdrew more then enough to start my business, since you only take visa and not my american express black card i can't send you money
  • #323,414
  • Sep 4, 2012 5:39am Sep 4, 2012 5:39am
Quoting nAVIN2007
i hear ya buddy..
if u dont follow yur dream ..u never feel complete..
i totally get it..and forex is becoming quite boring..i certainly not doing this again

I never thought i could actualy die b4 this sum bitch materialize..hehe
i now know different
soon you will enjoy the fruits of your labor
  • #323,415
  • Sep 4, 2012 5:40am Sep 4, 2012 5:40am
gotta go, gonna go check on my plants http://www.easyfreesmileys.com/smile...ijuana-027.gif
  • #323,416
  • Sep 4, 2012 5:46am Sep 4, 2012 5:46am
Quoting bbmac
For a long while now the action has been on the 1hr and below and like any other business you have to adjust your approach when these conditions are upon us. I have always operated on the sub 1hr t/f's (70% of my entries on 1min) and in this way I can be productive in these conditions and others.

My response to these conditions is again to operate on the shorter t/f's so that in a 4-5hr...
Ghost Rider - WWTBMD?
  • #323,417
  • Sep 4, 2012 5:47am Sep 4, 2012 5:47am
pa
Attached Image (click to enlarge)
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  • #323,418
  • Sep 4, 2012 6:09am Sep 4, 2012 6:09am
US ISM Manufacturing to be released today 14.00 gmt , if it is better then forecast we could see 1.56300 region, good data this week could pave way to no QE3 which means good for shorts, personally i think US ISM data will be better then forecast and we should go south
  • #323,419
  • Sep 4, 2012 6:45am Sep 4, 2012 6:45am
Quoting nAVIN2007
can i ask why u would be surprised and better than this can u back it up with a chart?..i bet u cant..why?

because its what u think! ..that never matters, it needs to be in the charts to materialise
as you can see now without proof it has retraced, it has happened to me may times, i hope you too can learn from it
The fragrance remains in the hands of those that gves the rose
  • #323,420
  • Sep 4, 2012 6:48am Sep 4, 2012 6:48am
Quoting okosodo
as you can see now without proof it has retraced, it has happened to me may times, i hope you too can learn from it

...
Ghost Rider - WWTBMD?
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