Stopped out for a small loss on this one....

Cable Update (GBPUSD)

Happy belated birthday Mike. I wish for you more success and many more happy birthdays.

MW's trading journal

Hello Navin, Money management must work in tandem with risk management.. It is since this big cable move that I realise that a lot of people on this thread don't use stop losses, mental or otherwise. This is not wise. One must use stop loss, even if ...

Cable Update (GBPUSD)

You also must have a plan and apply good risk management, in other words stop loss (mental or automated).

Cable Update (GBPUSD)

[ I made 250 short pips since yesterday and now I want 300+ long pips.... I hope I don't sound greedy....

Cable Update (GBPUSD)

Well I see that my tp of 1.9000 from 9250 was hit for 250 green pips. I had a buy order for a stop and reverse at the same place which was also hit. So I am now long from 9000 and will add down to 8850 stop below 8836. I started this with small lots ...

Cable Update (GBPUSD)

New beasts??? — Trading range during the week of Aug 3 - 8 Pair ....Range............ Classification EU .....over 600 pips... .......Beast GU .....over 600 pips........... Beast GJ ......just over 300 pips.... Tamed Poodle Enjoy your ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Some people made a lot of pips this week and some lost a lot.....Have some fun this weekend and come back with a fresh open mind next week. Keep the faith guys and be like Trichet... have no bias... Have a great weekend people and don't forget to ...

Cable Update (GBPUSD)

......I like the sequel too....

Cable Update (GBPUSD)

Don't give up on forex my friend but there are times when you have to give up on trades.....never get married to a trade. I have seen many of your posts and you seem to have a good grasp of how the markets work, just work on your risk and money ...

Cable Update (GBPUSD)

Guys Guys.... we have to be prepared for moves like this. Good money management and risk management is the most powerful and essential aspect of forex trading. Before you enter a trade you should decide how much you are willing to risk or LOSE on ...

Cable Update (GBPUSD)

I hope everyone who was long had stops in place..... These are the moves that blows up accounts.....literally....both in a positive and negative way...if you know what I mean... Congrats again to all the shorties....... I missed this ...

Cable Update (GBPUSD)

You should do what your analysis tells you to... I am waiting to long gu but I don't see any signs yet to convince me. This looks as if it could even break below 9336.... I will wait for confirmation either way but lots of pips are ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Long??? I reckon not yet....

Cable Update (GBPUSD)

Understatement of the week...I'm glad I decided not to trade for the rest of the week...I would probably be in red right now....I have not done any chart analysis today and probably wont until the Sunday but this could get ugly....

Cable Update (GBPUSD)

After rate statement direction will be more clear... I am flat til then.......Price looks real cheap and good for a buy right now but it could go lower before rate statement.....Sentiment seems to be with dollar right now...

Cable Update (GBPUSD)

I got 50 pips from this inverted shampoo but it is a good thing I did'nt target higher because I wasn't watching this trade......Congrats to all the shorts... I will not enter another trade until the day closes but the pound looks weaker than ...

Cable Update (GBPUSD)

Sure.....The ones on that chart are 5 and 10 ema (red and blue) and 50ema (green).

Cable Update (GBPUSD)

It's not clearcut but as I said "possible".. It could be seen as one with a very small head...

Cable Update (GBPUSD)