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albchr replied Jul 10, 2009Morning everyone...
Anybody catch the move back down? Set this up before bed last night in hopes it would bounce off 6380. Got lucky. Same on EU as well but it had a nice 4H pin. Might just make back those yesterday losses...LOLCable Update (GBPUSD)
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albchr replied Jul 9, 2009My apologies about the 300 pips. My mistake in who posted that. I'll edit that part out. But I stand behind the rest.....
However, It would be good to see some charts and position stats as to those losses. That's a dam shame bro. 60k? You ...Cable Update (GBPUSD)
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albchr replied Jul 9, 2009LOL...I wear glasses and my hindsight is 20/20 too....
Dam shame we can't make these charts run left to right sometimes huh?Cable Update (GBPUSD)
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albchr replied Jul 9, 2009Yeah, I'd love to hear his "pre" views as well....

Not that I'd listen though......
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albchr replied Jul 9, 2009Understand, I'm not saying it's anyones fault but my own. My choice entirely to "allow" myself the distraction. I really love FF and have learned...well...about everything I know to date here.
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albchr replied Jul 9, 2009I have to admit Jack. The past 4 weeks I made a killing and did almost no posting or thread watching. This week I've been doing a lot and BAM! Big losses....LOL So you're not alone in being distracted.
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albchr replied Jul 9, 2009Would appear the same thing is happen there...no? Anyway, still 9 p spread. I just don't like that much. Baaaaaadddd day though bro. The wife just walked up, gave me a kiss and said that's OK honey, then smacked me in the back of the head as she ...
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albchr replied Jul 9, 2009I think you may be right. Time to clean my crystal ball it would seem.....or trade the damm thing in.....

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albchr replied Jul 9, 2009[quote=altair;2862945] If your SL was 90 (pips?), you should have been out at 6145...no?
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albchr replied Jul 9, 2009Taking the plunge Jack. Short @ 6303 3 lots. Not advice folks!! I Been getting my butt kicked all day on shorts....LOL EDIT: Well that lasted a long time...LOL...out again...jeezzzzzz
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albchr replied Jul 9, 2009Sorry to hear that but man, do I understand. First rule of thumb... Professional traders LIMIT their RISK and CUT their LOSSES FAST. Novice traders look to see how much money they can make. Protecting your account is the ONLY way to stay in this and ...
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albchr replied Jul 9, 2009Well first off, keep in mind that it's a range and not an exact "to the pip" S/R. I use the weekly and daily charts to find the strong PPZ's. The 4H & 1H to find weaker but still respected ones. 6330 comes from my daily chart. Been there for months ...
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albchr replied Jul 9, 2009
....I think this day just isn't working out. That short order I had at 6270 didn't hit by a pip or two. I changed it to 6265 and it did. Then fearing the continuation of what I've had all morning, I set BE+2 as soon as I could. Taken out of ...Cable Update (GBPUSD)
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albchr replied Jul 9, 2009That's about what I'm seeing. If this hour closes above 6220, I "might" just go long. WTH, been loosing on shorts all morning...LOL
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albchr replied Jul 9, 2009Thank you and Absolutely! Gotta pay them bills...LOL This is my only income now being disabled. That's why I turned to it. Still, I need to prove myself over the long haul. Days like this remind me of just how important it is not to forget that.
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albchr replied Jul 9, 2009Well, as of shortly before 2:00AM...LOL, I was at just over 23k. I figure I have 2 months worth of bills now and the account has grown a touch. IF, I don't screw up any more trades that is.....

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albchr replied Jul 9, 2009LOL....Brother, if you can't check your emotions at the door, don't enter the trading room. (not aimed at you, just in general) I've been self employed for 30 years. Any business requires investment. I just paid mine...LOL And having started with a ...
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