Today's cable

[MysticalTrader]

right, thats me out for today. A nice 90 pips in 3 lumps. Be nice to do that every day...

MT

 

[darrenf]

right, thats me out for today. A nice 90 pips in 3 lumps. Be nice to do that every day...

MT

Nice one. You must have been short at 3pm then?

 

[MysticalTrader]

yes. Bailed out at the correction at 18300. It was the 3rd leg so I jumped. Missed the next 40 points. Bit of a bugger but a profit's a profit and I could have lost some of what I did get.

Oh for a crystal ball...

Earlier on I got 16 pips and lost it again, plus another 5 when I got stopped out.. The stops did their job. I think (I hope) I am getting the hang of the psychology... I dont try to beat the market any more as I did when I first started.

Looks like my prediction of 18220 or so from last week may be about to happen. I think it will bottom out and then we can all catch the wave back up Wouldn't that be nice!

MT

Nice one. You must have been short at 3pm then?

 

[darrenf]

Extracting a steady profit on a consistent basis is what it's all about. Nobody can catch every last pip of every move, although if you ever find a chrystal ball it would be a very different story!