Cable Update (GBPUSD)
{quote} in any case BOE has some upper limit of exchange rate. assuming we are at the upper edge they should interfere. or not. they do not carei do not understand who is buying this cable. i am staying in short. i am afraid to buy, it is too high. so have to wait.
{quote} What you learn when you get the rules for this game 1. never over trade your acc more than you can afford to lose,, 2. always use sl,, forget my 6725,,lol 3. the trend is your friend,, but on this one ,,when looking for a turn in trend,you have to have tight sl,, you can have 10 goes at shorting with 5 pip sl,you get 1 go with 50 pip sl,,statistics tell you 10 to 1 is a great bet? i have been entrepreneurial in my life, my philosophy,,is if you have 10 ideas for making money and only 1 works then you're on to that winner . good luck all...
{quote} Rule 1) Check! I have never blown an account. Rule 2) Check! I do and the "fixed" SL is always the max I'm willing to loose. I will almost always cut it myself long before then. Rule 3) We were all (well a lot of us) looking to see if the friend was at an end...
Go train, f....g train.
