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Cable Update (GBPUSD)

  • #362,141
  • Feb 5, 2014 3:59am Feb 5, 2014 3:59am
Quoting Davit
my most stupidest decision ever Getting out of my 10 shorts from 66 65 closed at 6447 unbearable to see my TP hit without me.... Did not expect this kind of reaction.I would of doubled my account
baffles me how you regretting a good decision, how about if it went the other way. Then instead of doubling account you will be without an account. yeah im exaggerating but you get the point
  • #362,142
  • Feb 5, 2014 4:00am Feb 5, 2014 4:00am
Quoting Davit
my most stupidest decision ever Getting out of my 10 shorts from 66 65 closed at 6447 unbearable to see my TP 63 hit without me.... Did not expect this kind of reaction.I would of doubled my account I know its over but it really does hurt me mentally.I am still not over it
Really feel for you Davit - but you're proving your metal by not revenge trading.
  • #362,143
  • Feb 5, 2014 4:01am Feb 5, 2014 4:01am
Quoting htsang
GBPUSD Forecast and Trade Setup at Support and Pivots - 5th Feb, 2014 Daily Chart {image} Hourly Chart {image} We have important BOE Rate decision on Thursday, So its not a trade for the faint hearted. So if its good news, then its good for our long trade. Never the less, i have jump the gun as technically its at a major support area although we are performing lower lows on a daily. At least we could get some sort of retrace if it were to break this support. Trade safe guys! Outlook Trade opportunity See Hourly chart Risk Level LOW Tips - Always...
htsang pls delete your ID and blog
  • #362,144
  • Feb 5, 2014 4:02am Feb 5, 2014 4:02am
Quoting Davit
my most stupidest decision ever Getting out of my 10 shorts from 66 65 closed at 6447 unbearable to see my TP 63 hit without me.... Did not expect this kind of reaction.I would of doubled my account I know its over but it really does hurt me mentally.I am still not over it

this happens to us all..i sold at 1.66 and let it go..
let it go bro..we are going a lot deeper
  • #362,145
  • Feb 5, 2014 4:02am Feb 5, 2014 4:02am
Quoting IveGotQuads
{quote} baffles me how you regretting a good decision, how about if it went the other way. Then instead of doubling account you will be without an account. yeah im exaggerating but you get the point
Sometimes I think cutting the right trade short (for whatever reason) is harder to handle than getting the trade wrong in the first place.
  • #362,146
  • Feb 5, 2014 4:03am Feb 5, 2014 4:03am
Attachment

GBP CAD
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  • #362,147
  • Feb 5, 2014 4:04am Feb 5, 2014 4:04am
Quoting IveGotQuads
{quote} baffles me how you regretting a good decision, how about if it went the other way. Then instead of doubling account you will be without an account. yeah im exaggerating but you get the point
No I had moved stops to protect profits and just got greedy and wanted to lack in lowest price for Friday which it was 6447 but come Monday all hell broke lose.
Its like being on money train and throwing yourself out.
Anyway hope I can learn a lesson from it.
In trading, you have to be defensive and aggressive at the same time
  • #362,148
  • Feb 5, 2014 4:04am Feb 5, 2014 4:04am
Quoting Davit
my most stupidest decision ever Getting out of my 10 shorts from 66 65 closed at 6447 unbearable to see my TP 63 hit without me.... Did not expect this kind of reaction.I would of doubled my account I know its over but it really does hurt me mentally.I am still not over it
Need a CHANGE Plan... use Plan C Now :nerd:

Watch PA & don't Hurry before Clearly.
Need more Patient and Patient... can be a few Hours

Or Plan D - Trade another GBP/USD Pair.
And the Last Plan Z - Close your Computer. Take a Rest...
Always looking the GREAT, never left GOOD Point...
  • #362,149
  • Feb 5, 2014 4:05am Feb 5, 2014 4:05am
buy order 1.6275 Sl 1.6253
  • #362,150
  • Feb 5, 2014 4:07am Feb 5, 2014 4:07am
Quoting nAVIN2007
{quote} this happens to us all..i sold at 1.66 and let it go.. let it go bro..we are going a lot deeper
Nav I seriously thought these fkers will push price up again to test 1.67 but was flat wrong.
Anyway I can't short now since its on demand levels.
In trading, you have to be defensive and aggressive at the same time
  • #362,151
  • Feb 5, 2014 4:08am Feb 5, 2014 4:08am
Quoting Davit
{quote} No I had moved stops to protect profits and just got greedy and wanted to lack in lowest price for Friday which it was 6447 but come Monday all hell broke lose. Its like being on money train and throwing yourself out. Anyway hope I can learn a lesson from it.

main thing is bro..u came out a winner bottom line, there are no rules..u just gotta come out a winner!!!..

always cracks me up when traders say u shouldnt do this..do that!!
they are no rules as long as u can maintain a balance
  • #362,152
  • Feb 5, 2014 4:08am Feb 5, 2014 4:08am
Quoting trexy123
{quote} htsang pls delete your ID and blog
Hes cool , no need to air him out. Its not easy to analyze the markets you know.
  • #362,153
  • Feb 5, 2014 4:10am Feb 5, 2014 4:10am
Quoting IveGotQuads
{quote} baffles me how you regretting a good decision, how about if it went the other way. Then instead of doubling account you will be without an account. yeah im exaggerating but you get the point
here here i would say he has a positive there, better than filling your account up, there is always another trade we can all say ,, i should of done this or that.?/
  • #362,154
  • Feb 5, 2014 4:12am Feb 5, 2014 4:12am
Quoting Davit
{quote} Nav I seriously thought these fkers will push price up again to test 1.67 but was flat wrong. Anyway I can't short now since its on demand levels.
if im right this f*cker is going to sink and take longs with it!!!..
keep doing wat yur doing cause it is working
  • #362,155
  • Feb 5, 2014 4:15am Feb 5, 2014 4:15am
Quoting nAVIN2007
{quote} main thing is bro..u came out a winner bottom line, there are no rules..u just gotta come out a winner!!!.. always cracks me up when traders say u shouldnt do this..do that!! they are no rules as long as u can maintain a balance
We will agree to disagree, rules are meant to keep you in the game. This is a job or occupation with 90% fail rate and you say there are no rules. goodluck
  • #362,156
  • Feb 5, 2014 4:17am Feb 5, 2014 4:17am
Quoting Davit
{quote} No I had moved stops to protect profits and just got greedy and wanted to lack in lowest price for Friday which it was 6447 but come Monday all hell broke lose. Its like being on money train and throwing yourself out. Anyway hope I can learn a lesson from it.
you made the right decision , never second doubt yourself. Confidence is half the game
  • #362,157
  • Feb 5, 2014 4:17am Feb 5, 2014 4:17am
Quoting nAVIN2007
{quote} if im right this f*cker is going to sink and take longs with it!!!.. keep doing wat yur doing cause it is working
price is inside my buy zone.I don't like buying at these levels or sell but will sell once price goes 64 or higher.
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In trading, you have to be defensive and aggressive at the same time
  • #362,158
  • Feb 5, 2014 4:19am Feb 5, 2014 4:19am
i am already short and not selling them think you could still jump in now and catch the break below 6252 with that rejection candle i dont think it will go to higher uo maybe 6300 then add or go short this is not going long still target today for me is 6150
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  • #362,159
  • Feb 5, 2014 4:19am Feb 5, 2014 4:19am
Hello guys, just want to get a view on where cable might reach as regards to bear. i have forcasts of 1.600 levels? need you input
  • #362,160
  • Feb 5, 2014 4:20am Feb 5, 2014 4:20am
Quoting IveGotQuads
{quote} you made the right decision , never second doubt yourself. Confidence is half the game
Thanks IGQ feel little better.
another opportunity hopefully soon.Markets are in stagnate levels.It seems whales pulled in their money from markets.
In trading, you have to be defensive and aggressive at the same time
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