EUR/GBP to trade or not to trade

Discussion in 'Forex' started by usdoutlaw, Oct 21, 2009.

AM I CRAZY???

Poll closed Oct 23, 2009.
  1. There is a place for people like you!

    3 vote(s)
    60.0%
  2. Here is the number of my psychatrist.

    1 vote(s)
    20.0%
  3. Nah, just the same as the next guy.

    1 vote(s)
    20.0%
  4. Oh no, you are the epitomy of mental health!

    0 vote(s)
    0.0%
  1. Man, you have a BIIIIIIG Line!! :D
     
    #91     Oct 28, 2009
  2. the bigger the better :D

    but its a double edge sword .. I have to make up a lot of pips today :confused:
     
    #92     Oct 28, 2009
  3. Geez, just Buy it, it's only money! :p
     
    #93     Oct 28, 2009
  4. wow they are really nailing gold today

    go USD??!!
    :p :p
     
    #94     Oct 28, 2009
  5. yeah only money *sigh*

    I should have just stepped out today to the homeless shelter and given them all 20 spots

    :D

    crushing the EURO .. I guess it wont be the new reserve currency hehe :)
     
    #95     Oct 28, 2009
  6. Yep, and they all laughed at me when I was the only one buying bucks last week above 1.50!

    Buy the dips, sell the rallies.....dunno it seems to work.
     
    #96     Oct 28, 2009
  7. Thank goodness for cables wild moves ... now I don't have to go back to the home less shelter and get all my 20 spots back that I gave away earlier
     
    #97     Oct 28, 2009
  8. FXSnipe

    FXSnipe

    Got triggered in my second short position that I left from last week, 1st position is just above 180 pips in the money. My fisrt target to take profit is 8860. I'll have to monitor it carefully tomorrow
     
    #98     Oct 28, 2009
  9. Nice trade, what time frame are you trading off usually?

    Why Eur/Gbp, don't you find it a bit slow compared to say Cable or Eur/Usd?
     
    #99     Oct 28, 2009
  10. FXSnipe

    FXSnipe

    I decided to settle on this pair than cable or euro as I tend to look at weekly charts , daily and 4hr and wanted something that is not as volatile as cable and euro. I made a lot of pips on cable but then when I continued trading I ended up losing it all. I first look at patterns on the weekly chart and zoom in to daily , but I execute trades on 4 hr charts

    I take 1 or 2 trades per week book 100+ pips and wait until the following week, I don't have to deal withthe ups and downs of trading cable anymore though I have to fight the urge to trade it as it really moves
     
    #100     Oct 28, 2009