The problem with SL .. I am working on strategies that do not require SL (just maybe a catastrophic one - 500 pips or more).... Try to minimise your exposure say 2% 500 pips loss. I know that is not the style of many because they want to ...

Cable Update (GBPUSD)

A weekly bar can be 300-800 pips so a 100-200 pips drop will not tremble me...

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Well yes maybe.. But this is not how I am trading... I mean weeklies/dailies yes but base my decision differently. Too me it looks like bullish (higher high, higher low, and the mid is higher than the median of the previous bar) and so I am long. If ...

Cable Update (GBPUSD)

And you have to make a decision while they are ***** your **** and you are about to ***** in a car that goes @ 110 miles an hour , you are the driver and you are connected wirelessly.... NOW THAT IS RISK!!!!

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What do you mean. I've just described what I would do if I could?? I am not making fun of other people. :

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LOL 2 bottles of vodka + 12 red bull + a bit of drugs + rock & roll + 2 chicks + 1:400 leverage and shoot no matter what direction for 0.2 pips scalp...

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"No risk, no gain".

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It depends on your taste IMHO.. (I would vote for the one on the left by the way)...

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I can give you other 2672682862 analysis. That doesn't mean that I am the best trader in the world... Price action??? Maybe???? Whatever I am off... See ya later....

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The most dangerous thing to do??? PREDICT THE DIRECTION OF GU!!!! Like a damn roulette...

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Something is not right... Or just what I always say... If something is too obvious ain't gonna happen...

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i'd rather be trapped by beers than by bears :

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Well it has weakness now as it stands....

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Guess BWR... I have performed 1000s of calculations during the week-end. The result... 1. I am lon term player. 2. Not using SLs just catastrophic SLs. (over 500-800 pips) I know where I am going out thing anyway...

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How r y BWR? You wil know it by the end of the week...

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Have fun all... I think by the end of the week we will all know what we would have done now...

Cable Update (GBPUSD)

After burning myself a couple of times and performing 1000s of calculations... I am not using SL. There are 2 problems with the trend. 1. You do not know when will it end. 2. You do not know what is the size/extent of the trend will be. Large trends ...

To Trailing Stop or Not To Trailing Stop....