Cable Update (GBPUSD) | Page 26942 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #538,821
  • Jul 28, 2020 12:38pm Jul 28, 2020 12:38pm
Quoting elbert3
{quote} I would like for 2 reasons for George to be right .1. Just to see if he is right and stops getting a hard time frond anybody who followed his trade and never had enough money in his account to keep up with the loss .2...well to see if ????? Lol regards E
In all honesty if I do not see 1.26xx latest August 14, 2020, I will accept my loss and have reevaluation of my model of analysis and trading pattern.
Data + Stat + Risk/Emotions Management
  • #538,822
  • Jul 28, 2020 12:39pm Jul 28, 2020 12:39pm
Quoting Georginson
{quote} I still stick to my sell and even here at 1.2940 I still say it. Yeah it's really gone high but money management saved the equity... Average sell level at 1.2680 which I believe uptrend can't last till 1.31 without retracing at least 350 pips from high. I know I will get a lot of sticks for this but I say it anyways. I will wait for retracement and not panic close transactions. Worst case scenario I will close all at 1.2600 level which is 340 pips away at the moment. Peace
Uhmm, do you normally experience this kind of large DD? Or is this the largest
  • #538,823
  • Jul 28, 2020 12:40pm Jul 28, 2020 12:40pm
Price extention is rounding out. Should have a nice little pullback either today or tomorrow for final push to happen
"Anger clouds the mind. Turned inward, it is an unconquerable enemy."
  • #538,824
  • Jul 28, 2020 12:40pm Jul 28, 2020 12:40pm
Quoting OBsayMkMoney
{quote} WHY? Why does one need to be ready for CRITICISM? Are you saying that we can not be adults, and amicably disagree? Example. "I see something different... THIS is what I see. What are your thoughts on my opinions" VS. "Hahaha.... You are an idiot.... anyone doing so n so is stupid..." Is THAT not the premise behind a forum?

to each his own but i consider the forum a place to learn trading.
if someone is spewing nonsense and misleading newbie traders, they should be called out.
Unless you are scared of criticism and want to live in a fantasy world where everyone is always right and its all just fun and games.
in wondering about yourself, you forgot what you came here to be part of
  • #538,825
  • Jul 28, 2020 12:42pm Jul 28, 2020 12:42pm
i am bullish GBPUSD but i see a drop 100 to 200pips in GBPJPY so i shorted it. who is gonna lead GJ ? is it GU or UJ ?

if GU will lead then we will have a retracement to 1.2770 before resuming up trend again to 1.31 or beyond if possible
  • #538,826
  • Jul 28, 2020 12:43pm Jul 28, 2020 12:43pm
Quoting navk
{quote} criticism is different from abusive words.

I AMICABLY disagree lol
Key words "in a disapproving way"
Attached Image (click to enlarge)
Click to Enlarge Name: Diction.PNG Size: 32 KB
Don't compare your trades to others. Most often the masses are the asses
  • #538,827
  • Jul 28, 2020 12:47pm Jul 28, 2020 12:47pm
Beautiful bull run so far..

Now back in levels..
Price above 1.29429 should not be sold..

Why? It’s spike friendly..

SS
  • #538,828
  • Jul 28, 2020 12:48pm Jul 28, 2020 12:48pm
Quoting godlike
{quote} Uhmm, do you normally experience this kind of large DD? Or is this the largest
I did experience similar draw down in June 2020 and December 2019 and eventually recovered due to money management and the spacing method I applied. This time is not different from those time too. I did expect price to return to 1.22xx this July hence did small and segmented stake on sell at 1.2555, 1.2620, 1.2701 and last sell at 1.2848. my current draw down is 39% but will break even at 1.2680 level and accept no profit for July but will get my capital intact when this happens.
Data + Stat + Risk/Emotions Management
  • #538,829
  • Jul 28, 2020 12:50pm Jul 28, 2020 12:50pm
its the perfect area for GU to retrace from now up to 1.3010 i guess the range
Attached Image (click to enlarge)
Click to Enlarge Name: perfff.jpg Size: 140 KB
  • #538,830
  • Jul 28, 2020 12:50pm Jul 28, 2020 12:50pm
Quoting knkie
{quote} to each his own but i consider the forum a place to learn trading. if someone is spewing nonsense and misleading newbie traders, they should be called out. Unless you are scared of criticism and want to live in a fantasy world where everyone is always right and its all just fun and games.

So what you are saying is that in a forum where people come to LEARN.. when they make a MISTAKE... we should embarrass them so that others understand not add their input? Interesting premise. So how enthused would said novice be to have to say something if he is risking ridicule? One doesn't have to be afraid of something to simply not appreciate it. If a dog licks your face.. you aren't scared. However you are (most people). A little uncomfortable.
Small Egos need to criticize the person. Big ones address the thoughts and words only. Every forum I have been in.. IF the person posting seems sure people attack him. With that said though.. G is also somewhat guilty of this. So I am more addressing the practice, than defending him. I am done though. Psychology session over, get the fuck off my couch.
Don't compare your trades to others. Most often the masses are the asses
  • #538,831
  • Jul 28, 2020 12:51pm Jul 28, 2020 12:51pm
Quoting OBsayMkMoney
{quote} I AMICABLY disagree lol Key words "in a disapproving way" {image}
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20200728-185059.png Size: 126 KB
  • #538,832
  • Jul 28, 2020 12:53pm Jul 28, 2020 12:53pm
Quoting godlike
{quote} {image}
BOOM.... Exactly. Thanks man.
Don't compare your trades to others. Most often the masses are the asses
  • #538,833
  • Jul 28, 2020 12:53pm Jul 28, 2020 12:53pm
Quoting OBsayMkMoney
{quote} So what you are saying is that in a forum where people come to LEARN.. when they make a MISTAKE... we should embarrass them so that others understand not add their input? Interesting premise. So how enthused would said novice have to say something if he is risking ridicule? One doesn't have to be afraid of something to simply not appreciate it. If a dog licks your face.. you aren't scared. However you are (most people). A little uncomfortable. Small Egos need to criticize the person. Big ones address the thoughts and words only. Every forum...
Well said mate. I'm human with imperfections but have not for once quoted anybody's call except the person did so on my quote earlier or directly confronts me. If I did this in time past and can't remember, then this is my sorry.
Data + Stat + Risk/Emotions Management
  • #538,834
  • Jul 28, 2020 12:53pm Jul 28, 2020 12:53pm
Quoting Georginson
{quote} I did experience similar draw down in June 2020 and December 2019 and eventually recovered due to money management and the spacing method I applied. This time is not different from those time too. I did expect price to return to 1.22xx this July hence did small and segmented stake on sell at 1.2555, 1.2620, 1.2701 and last sell at 1.2848. my current draw down is 39% but will break even at 1.2680 level and accept no profit for July but will get my capital intact when this happens.
Okay, But do you still consider your analysis correct?
  • #538,835
  • Jul 28, 2020 12:54pm Jul 28, 2020 12:54pm
I think I may have just painted a target on all my upcoming posts.. but fuggit.
Don't compare your trades to others. Most often the masses are the asses
  • #538,836
  • Jul 28, 2020 12:57pm Jul 28, 2020 12:57pm
Quoting godlike
{quote} Okay, But do you still consider your analysis correct?
To be honest my bearish bias has gone awfully wrong but my entry levels can break even with modest retracement to 1.26xx and I will get to save capital with patience to fight another day. To me capital protection is King.
Data + Stat + Risk/Emotions Management
  • #538,837
  • Jul 28, 2020 12:57pm Jul 28, 2020 12:57pm
Quoting OBsayMkMoney
{quote} So what you are saying is that in a forum where people come to LEARN.. when they make a MISTAKE... we should embarrass them so that others understand not add their input? Interesting premise. So how enthused would said novice be to have to say something if he is risking ridicule? One doesn't have to be afraid of something to simply not appreciate it. If a dog licks your face.. you aren't scared. However you are (most people). A little uncomfortable. Small Egos need to criticize the person. Big ones address the thoughts and words only. Every...
I wouldn't call it embarrass, but while everyone is entitled to their own opinions, good criticism in a thread isn't bad either, I mean how would one grow if you're not shown your faults/mistake.... Just saying
  • #538,838
  • Jul 28, 2020 12:59pm Jul 28, 2020 12:59pm
Worth taking a short here
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 33 KB
  • #538,839
  • Jul 28, 2020 1:00pm Jul 28, 2020 1:00pm
Damn ima run out of popcorn this way
  • #538,840
  • Jul 28, 2020 1:02pm Jul 28, 2020 1:02pm
Quoting HBN08
Damn ima run out of popcorn this way
hope you don’t add too much sugar on to your popcorn..

if you ever run out, kindly reach out to Akim.. I think he owns a popcorn store

SS
246 traders viewing now