Cable Update (GBPUSD)

Hi.
This will be my last post to this thread for another 3-6+ months, if at all.
As I pointed out in between, the pattern is the same each time. You try to point out the thinking patterns that lead to loss and misery and offer alternative solutions and approaches that you've found to work and get assaulted, insulted and scorned.
It comes as no surprise, as the emotions suffered on losses and maltrading simply get redirected, so I put no real blame.

I am reachable via PM if anyone has any questions, but preferably if you're a well mannered guy or gal just drop by the James 16 chart thread if you're willing to learn, read through that (every post by James is literally worth Gold) and then feel free to ask away.
http://forexfactory.com/showthread.php?t=2331
Everyone there is always helpful and willing to support you if you show you put in some will and work of your own, reading and learning, too =)

To address a post made lately, since it's just plain wrong:

http://forexfactory.com/showpost.php...ostcount=20287
I'm sorry, but that is complete and utter BS. Not knowing (knowing how to use) TA and TA not working aren't the same thing.
There are very functional ways of trading with price and TA and if you are convinced otherwise yourself that does not mean that others should be discouraged and made to think the market is a random walk, because it very clearly is not. I have around 2000 charts saved to that effect. Many many many of them are posted on the public side of this forum, and even more in my journal and in the discussion threads in the private forum.
TA is very much real, not fantasy. Please don't misinform.


Same goes for
http://forexfactory.com/showpost.php...ostcount=20298
I already had this discussion over at
http://forexfactory.com/showthread.php?t=35982
and explained that it isn't TA failing, it is the people / traders.
Elaboration and reasons in that thread and really all over this forum if anyone reads what the people with experience are saying.
Just because it can be simple(ways to make money) doesn't mean it is also easy (to be able to do so).


This isn't directed against you as a person, but against your statement(hence me only quoting the statement, not the person).
I don't like it when people are made to be spooked or scared into believing this market isn't observable or tradeable.
Scared and/or emotional trading is the worst.
And if you REALLY believe it is pure speculation(i.e. without a known, tested and PROVEN edge), then that's just another word to me for gambling and not something I would ever put real money on in hopes of making more.

Listen to gene22
taken from http://forexfactory.com/showpost.php...ostcount=20317

I'm not at all surprised FXexpat is also leaving the thread behind
http://forexfactory.com/showpost.php...ostcount=20320

As he was SPOT ON with
http://forexfactory.com/showpost.php...ostcount=20306


As for henrycarol and our "feud"...

--------

The trend is my friend
it does it's best to defend
and protect me

Anyone who tries to fight us
is our sworn enemy

Many mock us and say:
There is no way that you are here to stay

We smile, and chuckle
Silently

We both know
it is them who will blow away

----

I <3 you, trend

(Putting aside for a second that I had posted to this thread that I had closed out all of my longs before his post)
Enjoying my GBPUSD long in forms of GBPCHF (+115) and GBPJPY (+61) very much so far(for anyone new to forex, GBPCHF is Long GBPUSD x Long USDCHF and GBPJPY is Long GBPUSD x Long USDJPY).
I'm sure that after GBPUSD's cousins have visited new highs they will invite GBPUSD to join them soon.


Take care everyone here and don't listen to people trying to persuade you that there is no orderly way to view the market, that encourage you to gamble and toss your money out the window.
You don't need to gamble at all in order to succeed.

See you all on "the other side",

SeekingLight

Blah blah blah.

I said enjoy your GBP/USD LONG.

NOT GBP/CHF and GBP/JPY LONG

Can't even read?

SeekingLight, you are the very few that actually shows knowledge and understanding, great post, see you, btw if you have any questions pm and I'll try to help out

Please, give him a break, he's is trying to help... I would like to take this opportunity to say to our GURU SeekingLight

I find it very difficult to understand u SeekingLight..

I respect u a lot on ur ability / knowledge / experience / view in Forex..
but it seems that u have difficulties in understanding other people's post.. may be its because english is not ur main language??

you forget to add, money is power too. If you have knowledge but no $, it just won't match!

SeekingLight is a good trader.

Just his attitude of knowing it all is disturbing.

He doesn't know how to acknowledge other people when they are right and admit his own mistakes.

This attitude will not earn my respect.

That is his biggest probelm / weakness.

Other than that he is a good trader.

Recommended for feeling tainted - a bath with 2 tablespoons of bleach mixed in and then a salt water mouth wash - throw away the clothes you were wearing when you got tainted, and buy new ones .. Walk to the mountain top and gulp in cool fresh air.

Thats what I did after the red head with the green teeth and 5 cats - and I felt totally untainted afterward.

Seeking,

Thanks. I think ur a great guy and trader. I love your insights but ur style, yeah ur right sometimes u get too caught up in ur beliefs that you tend to discard the rest (thats good, i like your unwavering faith), which makes u sound a little snooty or brash and probably a little close minded. Hope to hear from you soon.

many bla bla bla here...
Did we actualy see the "psychology" of traders ? lOl...
Come on guys, come back to the market.
News come in 5 mins.

Now that's amusing.

P.S. sorry about going back on my word - re. posts.

Trust me...The pound will go down on the News.

My first small trade on Cable, was in at .493... just met my TP at .525
It happened so fast!

wow, nice spike up...

Son of a bitch didn.t hit my sell at 25, 1 pip difference ohh well lets stay on the sidelines and wait

another news that sealed the long term fate of usd...can we say..500 support now? lol

This is precisely why we all 'trust' what other people say.
Nice try though, you had a 50% chance someone would congratulate you for a good call.
However, if you keep doing it, you'll probably just get beaten up.

Were did you get a 25 quote?

u din get slipped at 525? amazing! i wonder whose money you took! NICE ONE