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Cable Update (GBPUSD)

  • #20,101
  • Jul 19, 2007 10:04am Jul 19, 2007 10:04am
Is Benenke still speaking? If so, for how much longer?

Im at work so I cant listen to radio.
  • #20,102
  • Jul 19, 2007 10:05am Jul 19, 2007 10:05am
Quoting supergoncas
I hope someone kicks Ben in the balls... Repeatedly!

I concurr, The fed should be murdered they are the batards doing the selling
"Millionaires don't use astrology, billionaires do"
  • #20,103
  • Jul 19, 2007 10:06am Jul 19, 2007 10:06am
Yes, and the Senate committee is throwing stones at Bernanke. Quite funny...
  • #20,104
  • Jul 19, 2007 10:11am Jul 19, 2007 10:11am
"Who are we working for" Rothchilds owned half the globe back in the late 1600's Hmmmmmmmm that would be quite a vast enterprize of business this day NOOOOOOOO
"Millionaires don't use astrology, billionaires do"
  • #20,105
  • Jul 19, 2007 10:12am Jul 19, 2007 10:12am
Quoting newjersey24
Is Benenke still speaking? If so, for how much longer?

Im at work so I cant listen to radio.
well he's still on TV but definetly not speaking......farting maybe !
  • #20,106
  • Jul 19, 2007 10:15am Jul 19, 2007 10:15am
Pooor China, being setup for diaster. Just wait till liquidity dries up when she crashes. Who buys our debt then?
"Millionaires don't use astrology, billionaires do"
  • #20,107
  • Jul 19, 2007 10:16am Jul 19, 2007 10:16am
Bernanke asked about housing sector.

http://www.xerratus.com/content/binary/head-up-ass.jpg
  • #20,108
  • Jul 19, 2007 10:17am Jul 19, 2007 10:17am
Quoting SeekingLight
It's still only +9 +15 pips closed. Or if you go by % then the same % you risked you closed for / less on the second trade possibly.

How much you put on each pip is up to your account size...

henrycarol also doesn't account for that in his pip count afaik. His signals are 3 lots total if it's true what he posted with 2 for the first TP and 1 for the second TP.

So losses are pip size x 3 for stops hit without a TP hit first. TP 1 is only pips x 2 and TP 2 is pips x 1.

So if stops are 30 and TP 1 is 30 and TP 2 is 30 that means:

Risk is 30x3 = 90.

Reward is 2x30 + 30 = 90.

So even if BOTH TP targets are hit, which is TWICE AS FAR AWAY AS THE STOP he only makes the same amount he loses when the stop which is only 30 pips away is hit. If the above assumptions are how it's used.

It also means that the pip count needs to be adjusted accordingly to reflect the "bottom line" outcome if one normalizes lots vs pips in order to gauge actual performance.

There are some serious dangers in risk / reward going on and in money management..
chill out dude. There's no need to write a long lengthy reply.
  • #20,109
  • Jul 19, 2007 10:18am Jul 19, 2007 10:18am
Quoting SeekingLight
It's still only +9 +15 pips closed. Or if you go by % then the same % you risked you closed for / less on the second trade possibly.

How much you put on each pip is up to your account size...

henrycarol also doesn't account for that in his pip count afaik. His signals are 3 lots total if it's true what he posted with 2 for the first TP and 1 for the second TP.

So losses are pip size x 3 for stops hit without a TP hit first. TP 1 is only pips x 2 and TP 2 is pips x 1.

So if stops are 30 and TP 1 is 30 and TP 2 is 30 that means:

Risk is 30x3 = 90.

Reward is 2x30 + 30 = 90.

So even if BOTH TP targets are hit, which is TWICE AS FAR AWAY AS THE STOP he only makes the same amount he loses when the stop which is only 30 pips away is hit. If the above assumptions are how it's used.

It also means that the pip count needs to be adjusted accordingly to reflect the "bottom line" outcome if one normalizes lots vs pips in order to gauge actual performance.

There are some serious dangers in risk / reward going on and in money management..

Why on earth you like me so much?

If I counted my signals which hit 2nd Target, my pip count would be much more.

However for now, I only count 1st Targets on 1 position. Losses on SL are based on 1 position.

Pls do your homework before firing people.

You don't seem that professional.

Maybe you think your post count is way higher than the others, you can have some larger authority or something.

What a loser.
  • #20,110
  • Jul 19, 2007 10:19am Jul 19, 2007 10:19am
lol chill guys
Trade what you see, not what you think.
  • #20,111
  • Jul 19, 2007 10:20am Jul 19, 2007 10:20am
YEAH, now we're talking here...

CīMON!!!

  • #20,112
  • Jul 19, 2007 10:21am Jul 19, 2007 10:21am
Pound getting ready to go down like a 2 cent whore, how do I know this?
I farted and it smelled funny.
Not really but a retracement is in the air, can you smell it?
Just Trade It
  • #20,113
  • Jul 19, 2007 10:27am Jul 19, 2007 10:27am
Quoting henrycarol
Why on earth you like me so much?

If I counted my signals which hit 2nd Target, my pip count would be much more.

However for now, I only count 1st Targets on 1 position. Losses on SL are based on 1 position.

Pls do your homework before firing people.

You don't seem that professional.

Maybe you think your post count is way higher than the others, you can have some larger authority or something.

What a loser.
Yeah, maybe his girlfriend just dumped him?
  • #20,114
  • Jul 19, 2007 10:29am Jul 19, 2007 10:29am
Quoting Big Wave Rider
Pound getting ready to go down like a 2 cent whore, how do I know this?
I farted and it smelled funny.
Not really but a retracement is in the air, can you smell it?
If its the real deal, then I'm ready. But it will have to be in the low 2.03's before its real. We still would have a long way to go down after that.

But I still think 2.10 is plausible in the next month. Isn't July usually a slow trading month anyway?
Disregard all prognostications.
  • #20,115
  • Jul 19, 2007 10:29am Jul 19, 2007 10:29am
Quoting zamans98
Yeah, maybe his girlfriend just dumped him?
I been reading his comments in FF for a few days.

He has this thing against me or something.

Enough is enough.
  • #20,116
  • Jul 19, 2007 10:29am Jul 19, 2007 10:29am
I was pointing out that zamans was putting a very big risk in the market for a scalp effectively. Just seems a risky way of trading to me long term, esp. if r/r is barely 1.0.

As for henrycarol, I can't make math be any more clear and logic than what I tried to point out. I don't have "a thing" with anyone. But if one declares himself a signal provider there should be some sort of transparency and responsibility involved. People who aren't that experienced might and most likely WILL take anything they find.

I just don't like the idea of people losing money unecessarily.


I know my attempts to help are very much
http://www.bible.ca/ef/expository-matthew-7-6.htm

So I just say
http://scripturetext.com/matthew/11-15.htm

And
http://bible.cc/psalms/115-6.htm


And if anyone asks, I am without religion, I think it's a bunch of shmooze.

And yea, I got all my posts from kidding around in threads like these, not by posting charts, helping people and keeping a journal

...unless one were to actually look first =)
Trust price. Know yourself.
  • #20,117
  • Jul 19, 2007 10:30am Jul 19, 2007 10:30am
You hear that Fed will be producing liquidity to USD. LONG USD LONG USD
"Millionaires don't use astrology, billionaires do"
  • #20,118
  • Jul 19, 2007 10:31am Jul 19, 2007 10:31am
Quoting cesarnc
Bernanke asked about housing sector.
  • #20,119
  • Jul 19, 2007 10:34am Jul 19, 2007 10:34am
Quoting SeekingLight
I was pointing out that zamans was putting a very big risk in the market for a scalp effectively. Just seems a risky way of trading to me long term, esp. if r/r is barely 1.0.

As for henrycarol, I can't make math be any more clear and logic than what I tried to point out. I don't have "a thing" with anyone. But if one declares himself a signal provider there should be some sort of transparency and responsibility involved. People who aren't that experienced might and most likely WILL take anything they find.

I just don't like the idea of people losing money unecessarily.


I know my attempts to help are very much
http://www.bible.ca/ef/expository-matthew-7-6.htm

So I just say
http://scripturetext.com/matthew/11-15.htm

And
http://bible.cc/psalms/115-6.htm


And if anyone asks, I am without religion, I think it's a bunch of shmooze.

And yea, I got all my posts from kidding around in threads like these, not by posting charts, helping people and keeping a journal

...unless one were to actually look first =)
First thing, the signals are my own private trades.

Whether anyone wanna follow them or not, it is up to them.

It is FREE.

I never mention the signals will guarantee you how many pips a day or month.


And I dont think so, my signals couldn't give any profits?

If you just assume my signals aren't making the pips.

Then I can't say much.

However, enjoy ur G/U long.
  • #20,120
  • Jul 19, 2007 10:38am Jul 19, 2007 10:38am
Quoting SeekingLight
I was pointing out that zamans was putting a very big risk in the market for a scalp effectively. Just seems a risky way of trading to me long term, esp. if r/r is barely 1.0.
Please, wheter I want to scalp, swing its purely my decision.
I have my risk calculated with tight SL.

So, stop right here. Enough is enough.
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