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The Magician replied Apr 23, 2010what was the news? I'm away from my tv. 0.5 decline?
Cable Update (GBPUSD)
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The Magician replied Apr 23, 2010Hope you had a TIGHT stop loss on that, bro I sat out, looking for a short entry
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The Magician replied Apr 23, 2010Bet you've made that back nicely!!
I lost a fair bit of cash when i first started, then stopped and went onto demo for months. Still trade a lot on demo when learning new techniques.Cable Update (GBPUSD)
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The Magician replied Apr 23, 2010Nene, congrats on the good pipping! Would love to have that tally! Pawpaw, break-even is an achievement. considering 95% of people LOSE, to be break even shows you have succeeded in the most important rule. Preservation of capital. I still think 30 ...
Cable Update (GBPUSD)
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The Magician replied Apr 22, 2010Evening traders! Damn I wish I'd left my short on this morning, would have made considerably more than I ended up with! Leaders debate should be interesting tonight. I think Clegg's popularity was a result of shock that he could actually speak in ...
Cable Update (GBPUSD)
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The Magician replied Apr 22, 2010Usually the market factors in the expectation before a news release, so if the market has factored in fantastic news, and the news is only good, there will probably be a drop in price to account for this. So trading news isn't as black and white as ...
Cable Update (GBPUSD)
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The Magician replied Apr 22, 2010Ever heard the saying "Buy on the rumour, sell on the news"? Also, the market moves to expectation, not reality - so good news can still be negative if not quite as good as the market anticipated.
Cable Update (GBPUSD)
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The Magician replied Apr 22, 2010Long at 3403. trying hard to get past resistance at 4310, healthy MACD on H1. TP 450
EURUSD
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The Magician replied Apr 21, 2010Bouncing between the 5ma and 50ma on the 5min chart. Looks like the Bulls are gonna win with a nice push upwards. Hopefully!! *does a little dance* Either that or we'll end up witha dirty head and shoulders on the M15 and that will really upset my ...
Cable Update (GBPUSD)
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The Magician replied Apr 21, 2010bought at 5391. Will buy more if it dips back again.
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The Magician replied Apr 20, 2010Price bounced right off the 200 SMA. Not sure of direction here. Could close the 5500 retrace, but I'm feeling beeeearrrish so I'm staying out until confirmation. breaky time

Cable Update (GBPUSD)
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The Magician replied Apr 20, 2010Out of short for 8 pips. That's 32 pips for the morning. Going to wait for this to settle down before entering again. GL all

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The Magician replied Apr 20, 2010Caught 24 pips on the ride up. Now Short at 5250 with HALF position. Fingers crossed peeeeeeps. Ooooh greeeeeeenies

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The Magician replied Apr 20, 2010OOOOSH! What a jump. Out for 17 pips. Will sit back and watch for next move.
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The Magician replied Apr 19, 2010Just closed my long, but only because I'm tired and going to ZZZZ. looks like this gap will close up, looking forward to the morrow. green pips all, have a good night

Cable Update (GBPUSD)
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The Magician replied Apr 19, 2010Good advice, thank you. I seem to do pretty well from scalping, but very keen to get some longer positions running too. I see people posting 100+ pip gains and it makes me crazzzzy! lol
Cable Update (GBPUSD)
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The Magician replied Apr 19, 2010Hmm, yeah you're right, and that's where I sometimes fall down. Just hate seeing a gain disappear. Waiting for a little bounce above 270 now to re-enter
Cable Update (GBPUSD)