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Just how well do you deal with loss?
Started Feb 7, 2014|Trading Discussion|20 replies
I want to find out from others how they cope with loss, because I believe that it is loss, and ...
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cat replied Feb 6, 2014She's technically screwed now with no clear direction that I can see, Time to look elsewhere.
Geppy's Geppy Thread (GBP/JPY)
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cat replied Feb 6, 2014I've just closed this morning's short on this pair and am now looking to long.
Geppy's Geppy Thread (GBP/JPY)
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cat replied Feb 6, 2014Yes, determining where the price is about to change direction is the key to trading successfully. Whether you are watching a Daily chart or a 10 second chart, the principles are the same, the lines of support and resistance will be there regardless. ...
Geppy's Geppy Thread (GBP/JPY)
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cat replied Feb 6, 2014I'm not using fibs in isolation, nothing works in isolation. I use trendlines where appropriate, MACD, moving averages and pa to aid me with my trading decisions. When some or all of these combine, is where I make decisions to trade. So the point in ...
Geppy's Geppy Thread (GBP/JPY)
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cat replied Feb 6, 2014Getting back to today's set up, I'm hoping it'll continue falling to either the 61.8% or 76.4% fib levels anchored from yesterday's low, from where we may go up again. I don't think we will roll over to make new lows today, and the news out of the ...
Geppy's Geppy Thread (GBP/JPY)
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cat replied Feb 6, 2014Not really sure what you mean, but if you're talking about the technical parameters suddenly changing, I've never found that in five years of trading, what worked then still applies. The only thing that varies in the markets is volatility, but that ...
Geppy's Geppy Thread (GBP/JPY)
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cat replied Feb 5, 2014Nothing shows direction or we'd all be millionaires. TA is the only tangible tool that can be used to attempt to predict, by way of historical patterns that are clearly identifiable, where the price may be headed next. Everything else is pure ...
Geppy's Geppy Thread (GBP/JPY)
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cat replied Feb 5, 2014One good trade and those negative pips can quickly become green - just don't force it.
Cable Update (GBPUSD)
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cat replied Feb 5, 2014Oh I agree it couldn't be more bearish at present, I was really directing that post at anyone trying to jump in after the news, not at those already short. I believe we are going down to at least 16,100, though short term, as in this afternoon, it's ...
Geppy's Geppy Thread (GBP/JPY)
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cat replied Feb 5, 2014I've read some nonsense in my time, but I think that post tops the lot.
Cable Update (GBPUSD)
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cat replied Feb 5, 2014careful those shorting, 16,445 could hold it. We'll see.
Geppy's Geppy Thread (GBP/JPY)
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cat replied Feb 4, 2014From Cloggie's 'about section' on ff: " Vatican City State (map) Trading Style(s): Technical Analyst Biography: FF is not going to change. This is no longer an environment that I want to participate in. The mission of FF is diametrically opposed to ...
Does anyone know how cloggie traded?
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cat replied Feb 4, 2014I do actually remember one day on the euro thread I think it was, when it was a particularly crap day, with the pa chopping all over the place. Cloggie accused people of moaning and of not being able to adjust their strategy to suit the conditions, ...
Does anyone know how cloggie traded?
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cat commented Feb 4, 2014Just looking at the Weekly Dow chart to see where we may fall to, and with a wicked looking diversion on MACD a complete annihilation of 2013's gains is looking on the cards. Even if we go down no further than the weekly 100sma, that's still 2,320 ...
It’s all going wonky as markets go risk off
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cat replied Feb 3, 2014All I would say about this pair now is that if you're short, watch out for the 76.4% fib level because we are on it, as we were on Jan 16th anchored from Dec 17th and it held. However, the momentum to the downside is now greater than before, so it's ...
Cable Update (GBPUSD)
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cat replied Feb 3, 2014That's an easy one. For starters, I was sleeping so I wouldn't have worried about then anyway, but had I not been, then the rising blue MA which is the 100Time Series, would have kept me weel away from selling. The low extension just before 2am gave ...
The counter Trend Line - trade these every chance you get!