GBP/USD trading

Quote from dazed101:

it better be a bullish pattern, I'm down 100 pips on this trade.:mad:
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GL to you pal...seems you are lucky man and you'll close the trade by the end of the week!
 
Quote from nik1033:

GL to you pal...seems you are lucky man and you'll close the trade by the end of the week!
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Yes, but one day your luck runs out, and your out of business - sooner or later bad money management (not taking your losses) will kill you.
 
I usually use stops, but for some reason decided not to on this one, and with all the negative news about the US economy , I decided to leave it alone.
 
Quote from dazed101:

I usually use stops, but for some reason decided not to on this one, and with all the negative news about the US economy , I decided to leave it alone.
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Once you relay on news-you see big loss.
Do not change money Management rules, if not, they will change your balance!!!
 
Quote from Spectre2007:

1.9555 stops being eyed...
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What happened with GBP/USD in this Christmas trading? On my chart it went from 1.9750 to 1.9582 in a few seconds :eek:
 
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