- Search Metals Mine
- trader2160 replied Dec 18, 2008
hehe a few months back I was short GBPJPY on their advice. it kept going higher.the guy kept inventing new trendlines to prove himself right.Glad I got out early.only 120 pips .It went up 750
.Cable Update (GBPUSD)
- trader2160 replied Dec 18, 2008
Best advice is to flee forex.com.senior members please feel free to chime in.Newbie plus choppy market plus FRX.com= account liquidation.
EURUSD
- trader2160 replied Dec 18, 2008
Your pain is felt by us all.Stops are essential even if not too tight.Plus this chop is no place to be cutting your teeth in forex.maybe wait until january.
EURUSD
- trader2160 replied Dec 18, 2008
Dude like EO and ALLsrne said youve got to make your own calls.Theyre right on the obvious ones,but youll get burnt if you follow them blindly.It taKES the caution out of the equation.Gives a false sense of security.Plus theyve made some pretty big ...
Cable Update (GBPUSD)
- trader2160 replied Dec 18, 2008
Man!!!1 Talk about a missed opportunity

Thought about going long eurgbr just as cable came off violently,but was afraid euro might fall big too.Look where it is now!!Cable Update (GBPUSD)
- trader2160 replied Dec 18, 2008
You sure they posted that before the drop
.Just covered a short on UJ
.measely 20 pips but was sweating like crazy on the way down.Scary moves.Too much to stomach for me.But cant help going for these well set scalps.Cable Update (GBPUSD)
- trader2160 replied Dec 18, 2008
Thats just too much responsibility to take.One thing I can say is you need to get rid of that software.At least youll be deciding for yourself.Youll know what to do with a little experience.

Cable Update (GBPUSD)
- trader2160 replied Dec 18, 2008
Also need to be carefull about scaling up.Classic newbie mistake.
Cable Update (GBPUSD)
- trader2160 replied Dec 18, 2008
Great advice from both EOhater and Allserene.That about covers it all.
Cable Update (GBPUSD)
- trader2160 replied Dec 18, 2008
wow.would be surpised to see that on a daily.Was it all just one big bulltrap?
Cable Update (GBPUSD)
- trader2160 replied Dec 18, 2008
Its lack of fear in the beginning actually.We dont want to think we can lose.Markets are also exceptionally wild these days.Experienced traders are getting chopped too.but they dont lose as much as newbies.Many factors...will explain if you want.
Cable Update (GBPUSD)
- trader2160 replied Dec 18, 2008
Those big Prime broker Aholes were waiting for this.They sold the dollar relentlessly and then snap they the floor the pedal buying dollars.Just check out the move in dollar yen.Man Im glad I only made a couple of scalps today.
Cable Update (GBPUSD)
- trader2160 replied Dec 18, 2008
It sucks dude
.December is a tough month to start forex trading.Pipland makes some great points. THe worst thing you could do now is to try to make it all back in a few trades.Trust me you will only lose more money that way. Unfortunately this is ...Cable Update (GBPUSD)