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- Niranj replied Jul 16, 2012
well you are one of the experts here, what sentiments you hold about this pair? i know most traders are long on but i am still holding short because of trendline and also it sort of retraced short of 38.2% of 1.63-1.5268 on GU
Cable Update (GBPUSD)
- Niranj replied Jul 16, 2012
sorry navin, regarding ''loosing is certain'' , what i was trying to say was if a novice trader enters a trade after a good analysis, rather than getting confident in his/her trade and adding more position , its more important remember that there is ...
Cable Update (GBPUSD)
- Niranj replied Jul 16, 2012
navin thanks lot for motivating me. yeh i am tryin my best with analysis and going to make sure i stick to it with good money management for each trade
Cable Update (GBPUSD)
- Niranj replied Jul 16, 2012
Thanks BB . Lets see if it works out if not i will be disappointed again. Retail sales news killed my earlier trades today
(( I think this rallied because of weakness in US dollar. However i think US dollar should hold for the time as it reached ...Cable Update (GBPUSD)
- Niranj replied Jul 16, 2012
Entered Short on GU 1.5638, SL 1.5660. Risky trade , if it breaches the trend line above,i will close the position
Cable Update (GBPUSD)
- Niranj replied Jul 16, 2012
well there was opportunity to scalp short at 1.0236 however i was stuck in some other trade. i am not in aud/usd but i am still bearish about this pair.
AUD/USD
- Niranj replied Jul 16, 2012
Thanks a lot for the vouch and helping me all the time. i was trading sensibly until i messed up my last trade loading more positions for no reasons. need to learn from it . going away for few hours to refresh my mind again, hope fully GU will ...
Cable Update (GBPUSD)
- Niranj replied Jul 16, 2012
novice traders like me need to realize, every time you place a first look at how much you are going to loose on a trade before thinking of any uncertain gains. loosing is certain winning is not
Cable Update (GBPUSD)
- Niranj replied Jul 16, 2012
hi how confident are you it will go long? as it is retracing or you think it is temp retrace before it bounce back higher
Cable Update (GBPUSD)
- Niranj replied Jul 16, 2012
retail sales — i think GU is going to hoover around this area until Retail Sales data comes out
Cable Update (GBPUSD)
- Niranj replied Jul 16, 2012
Bro! did you enjoy the ride? are you still in? i just woke up, it hasnt it any of my sl or tp. going to check it out now before the news comes for retail sales.
AUD/USD
- Niranj replied Jul 15, 2012
getting tempted to short as it looks like a good level for it 50% fib 1.5778-1.5392 retracement.
Cable Update (GBPUSD)
- Niranj replied Jul 15, 2012
I am sorry for that, thanks a lot for correcting me, will edit my post. sorry again
AUD/USD
- Niranj replied Jul 15, 2012
AUD/USD — Yep bro,will find out soon. but this is market and anything could happen here,all we cud do is try to trade wot we see with good money management skills to survive the market tides
AUD/USD
- Niranj replied Jul 15, 2012
AUD/USD — I may get proved wrong but last week there was a major sell off on AUD/USD bringing the pair down from 1.0282 to 1.0099 due poor employment data as Australian economy shed 27000 jobs in June,12. However the pair bounced back to ...
AUD/USD
- Niranj replied Jul 13, 2012
this hit my profit target as suggested in the post above using charts
AUD/USD