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- Turveyd replied Mar 3, 2008
If you ignore todays fake run which smells of distrubition, ( ie ran up so they can sell / short at our expense ) you can draw a trend line through all the tops. If you want more false hope to the short side
The fake run is the main bearish sign ...Cable Update (GBPUSD)
- Turveyd replied Mar 3, 2008
Gubster, glad someone made some money outta that
I was waiting for the GF to get ready to go out, which never happened, Arrrgghhhhhhhhh.Cable Update (GBPUSD)
- Turveyd replied Mar 3, 2008
My money would be downward bias, but it depends entirely on tomorrows news, so 55% down, 45% up, not enough to base a trade on.
Cable Update (GBPUSD)
- Turveyd replied Mar 3, 2008
Makey RE Stacking: Place $1 bet, double or nothing, if you lose, bet $2, then $4 so on and so forth, as long as you can take the worst case you will eventually win your original stake ie $1. But thats a different subject. Very slow way requiring ...
Cable Update (GBPUSD)
- Turveyd replied Mar 3, 2008
Gubster, did you got above, did you get out, I expected it'd bounce back back to 103.60 area was 1 sweet move.
Cable Update (GBPUSD)
- Turveyd replied Mar 3, 2008
I've got a excel spread sheet, with my profits / losses with 2 charts 1 account value another a view of profits/losses with bars. I also have 2 columns i put a 1 into if it's a win or the other for a lose, so no my total wins and losses. I'm 50/50 ...
Cable Update (GBPUSD)
- Turveyd replied Mar 3, 2008
We talking $1 per pip or 10cents per pip here ?? The problem is though, when you throw real money into the equation, fear and greed and pride take over ( well does for most including myself ), I've seen 1 lad blow 150K, 50K he borrowed on credit ...
Cable Update (GBPUSD)
- Turveyd replied Mar 3, 2008
My system favours chop, well I've got a trend system aswell which is where I've been failing, but think I've cracked the trend side. So if GBP chops more like it was last week, I'll be very happy!! Its when Chop turns into trend with strength where ...
Cable Update (GBPUSD)
- Turveyd replied Mar 3, 2008
Gubster NO USDJPY
Good luck!!! Navin, $6000, seriously man, seen too many start with everything they've got, lose $500, then keep upping the lots trying to get it back and blow the entire pot in no time. Put $2000, thats enough margin to trade $1 ...Cable Update (GBPUSD)
- Turveyd replied Mar 3, 2008
USDJPY is abit more lively, good short odds here!!
Cable Update (GBPUSD)
- Turveyd replied Mar 3, 2008
Got to start small somewhere, just start small and don't put much money into the account so you've not got the option to get gambly and take a big hit. If you put 5K in, you'll be flipping trades at $10 per pip like mad man and likely lose it all!!! ...
Cable Update (GBPUSD)
- Turveyd replied Mar 3, 2008
Fed speaking in 25mins ( Not rate cut though ), so I guess we'll get some movement after that. Lessy, still sell side so high odds we'll test the lows of the day again. * staying awake is the real challenge when it's like this LOL *
Cable Update (GBPUSD)
- Turveyd replied Mar 3, 2008
small live account Navin I trust ??? although $10 per pip would be fun for abit.
What was your score pips wise last week ?? I should have more money in the account, week after next, still $1 per pip, but can trade GBPUSD and EURUSD same time if ...Cable Update (GBPUSD)
- Turveyd replied Mar 3, 2008
Remember you could flip a coin as to direction to enter and with good Money Management still make a profit. On the positive side I have a totally 100% unique system, entirely self created

Cable Update (GBPUSD)
- Turveyd replied Mar 3, 2008
1 thing I learned is, if your not 100% alert and awake don't trade cause I will blow the account, better not to trade than lose. Mondays, go for a swim soon see if that'll wake me up.
Cable Update (GBPUSD)
- Turveyd replied Mar 3, 2008
dunno how anyone can trade off 4H charts, no where near enough information for me.
Cable Update (GBPUSD)
- Turveyd replied Mar 3, 2008
Booktimes, agree on inflation, electronic none essential items are coming down in price which people rarely buy ( TV's etc ), but there included in the inflation calculation, milk, bread and general food items and fuel / energy of all kinda is up ...
Cable Update (GBPUSD)
- Turveyd replied Mar 3, 2008
Navin, Random to me so far, sitting on the fence until my brain starts to see some logic to it's pattern. * hopes I've not gone back to too afraid to trade *
Cable Update (GBPUSD)
- Turveyd replied Mar 3, 2008
Nice, thats normally the sort of trade I go long on, then get stopped out 15seconds later

Cable Update (GBPUSD)