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Cable Update (GBPUSD)

  • #27,941
  • Aug 30, 2007 9:34am Aug 30, 2007 9:34am
160.60 strong resistance EUR/jpy...and this is a finish of the right shoulder pattern within triangle...oh my tech language is not good as cesars...
its just money
  • #27,942
  • Aug 30, 2007 9:37am Aug 30, 2007 9:37am
Quoting cesarnc
No Sun Trader!!!!

Geees, what a bunch of nonsense here.

See? Warren Buffet check his Oanda and THEN, only AFTER THAT he place his billion dollar trades...

Wow.. it's hard to stay here with all those newbies
  • #27,943
  • Aug 30, 2007 9:41am Aug 30, 2007 9:41am
Just now on Bloomberg a professional trader...

"hmm good GDP... no chance to cut rates" but... "global economy is good"

but... "maybe we are trading tomorrow possible news" but... "we may rally today but it will be much volatile"

"Yesterday rally overdone maybe we end up in the middle..."

Yeah middle is good!

I left my trades on profit and i'm happy that i don't care about it.

Danger vs Profit too high whatever anyone says!
  • #27,944
  • Aug 30, 2007 9:42am Aug 30, 2007 9:42am
Quoting bullrock
I have now an all or nothing suicidal position (I am on severe drugs) UP. So who start to sell I will kill him
I like that in a pilot (military not civilian)..

Dows is teasing - its off to 300 and taking cable with it...

is dipping a ginger biscuit in gin and tonic, drugs - if so then me too
  • #27,945
  • Aug 30, 2007 9:51am Aug 30, 2007 9:51am
Federal Reserve Chairman Ben Bernanke, under fire from some for being slow to stamp out a smoldering credit crisis, takes the stage before global policy-makers on Friday in a test of his leadership with financial market worry at a fever pitch.



Against a backdrop of rising foreclosures and fear of a financial domino effect from failing hedge funds, one of the most closely watched speeches of his chairmanship may be used
to signal a willingness to cut interest rates to shield the economy from financial turmoil.


I don't like this guy...
  • #27,946
  • Aug 30, 2007 9:58am Aug 30, 2007 9:58am
im calling it a day , close position at +86. Will se what friday will have in store tomorrow.
  • #27,947
  • Aug 30, 2007 9:58am Aug 30, 2007 9:58am
I placed 5 lots long @ 2.0121 SL @ BE
  • #27,948
  • Aug 30, 2007 10:03am Aug 30, 2007 10:03am
Quoting cesarnc
Federal Reserve Chairman Ben Bernanke, under fire from some for being slow to stamp out a smoldering credit crisis, takes the stage before global policy-makers on Friday in a test of his leadership with financial market worry at a fever pitch.



Against a backdrop of rising foreclosures and fear of a financial domino effect from failing hedge funds, one of the most closely watched speeches of his chairmanship may be used
to signal a willingness to cut interest rates to shield the economy from financial turmoil.


I don't like this guy...
If financial markets are in turmoil, why am I making money on Dow longs and the dollar is stronger than before the crisis and GDP is 4% 2nd qtr

If Beenjammin' Bernanke was trying to sell my house he would know what financial turmoil is...

mind you - they will be in turmoil... the Financial markets are like Freddy Mercury at his last concert - dying of AIDs and leaping around like nothing was wrong...

It was boring when it was all going up at 60 degree angle wasnt it....
  • #27,949
  • Aug 30, 2007 10:06am Aug 30, 2007 10:06am
This picture has just arrived, from an anonymous papparazzo. Stamp reads "Monaco" and the letter had it: "I think you may want to know"...

http://i2.photobucket.com/albums/y28/cesarnc/yatch.jpg


I found it pathetic, disgusting and I'm very envious right now.
  • #27,950
  • Aug 30, 2007 10:11am Aug 30, 2007 10:11am
Quote
Wow.. it's hard to stay here with all those newbies

Just by chance, I'm a noob too in the FX biz. I've been doing this full time for like an year now. Since you guys seem pretty much experienced, I wonder how much should I have made in the past one year ? of course I made blunders, lost huge initially when I hardly knew what hedging is OR even hardly new how to properly use SLs.

Thus, including all the losses I made initially, what should I have made from my capital at this stage ?

I just wish to know how much does a noob make in his first year ? NOT what usually traders make year after year !
Hello World!
  • #27,951
  • Aug 30, 2007 10:12am Aug 30, 2007 10:12am
Quoting ClockTrader
Just by chance, I'm a noob too in the FX biz. I've been doing this full time for like an year now. Since you guys seem pretty much experienced, I wonder how much should I have made in the past one year ? of course I made blunders, lost huge initially when I hardly knew what hedging is OR even hardly new how to properly use SLs.

Thus, including all the losses I made initially, what should I have made from my capital at this stage ?

I just wish to know how much does a noob make in his first year ? NOT what usually traders make year after year !
Gees, clock.. I was messing with SunTrader... eassssyyy...
  • #27,952
  • Aug 30, 2007 10:14am Aug 30, 2007 10:14am
Quoting allserene
I like that in a pilot (military not civilian)..

Dows is teasing - its off to 300 and taking cable with it...

is dipping a ginger biscuit in gin and tonic, drugs - if so then me too
See even an amateur can call it sometimes !

would I be dicksqualified under olympic pip pickin' rules for doing this with blood in my gin stream ?
  • #27,953
  • Aug 30, 2007 10:16am Aug 30, 2007 10:16am
Dow went positive on the day for like 2 seconds.
  • #27,954
  • Aug 30, 2007 10:16am Aug 30, 2007 10:16am
Very impressive run by the pound....those bulls were really pissed.....
  • #27,955
  • Aug 30, 2007 10:19am Aug 30, 2007 10:19am
Quoting ClockTrader
Just by chance, I'm a noob too in the FX biz. I've been doing this full time for like an year now. Since you guys seem pretty much experienced, I wonder how much should I have made in the past one year ? of course I made blunders, lost huge initially when I hardly knew what hedging is OR even hardly new how to properly use SLs.

Thus, including all the losses I made initially, what should I have made from my capital at this stage ?

I just wish to know how much does a noob make in his first year ? NOT what usually traders make year after year !

In my first year and a half i blew 2 accounts, it wasnt much but still. So for me it was -200% Hope this helps
  • #27,956
  • Aug 30, 2007 10:20am Aug 30, 2007 10:20am
seems to be a lot of resistance around the 2.0180/90 area, I get the feeling a breakout might be coming at some point.
  • #27,957
  • Aug 30, 2007 10:21am Aug 30, 2007 10:21am
Quoting Turtle
Very impressive run by the pound....those bulls were really pissed.....
Dow above the water... LOL...

On cable, it has to crack 0200 today, otherwise, here we go for some more of pino's zig-zags
  • #27,958
  • Aug 30, 2007 10:25am Aug 30, 2007 10:25am
Quoting cesarnc
Dow above the water... LOL...

On cable, it has to crack 0200 today, otherwise, here we go for some more of pino's zig-zags
EXACTLY that is my feeling also.....if it doesn't hit 0200(4th try) it sets it up for a fall tomorrow especially if Bernanke doesn't give clues to a rate cut. Market would be disappointed for the weekend....

Then that article Moe sent would really start to makes us wonder....
  • #27,959
  • Aug 30, 2007 10:32am Aug 30, 2007 10:32am
Quoting ClockTrader
Just by chance, I'm a noob too in the FX biz. I've been doing this full time for like an year now. Since you guys seem pretty much experienced, I wonder how much should I have made in the past one year ? of course I made blunders, lost huge initially when I hardly knew what hedging is OR even hardly new how to properly use SLs.

Thus, including all the losses I made initially, what should I have made from my capital at this stage ?

I just wish to know how much does a noob make in his first year ? NOT what usually traders make year after year !
I started in 2004 and lost GBP 7k in the first month..

made 1,300 next month by mistake - by leaving an order on by mistake while I had my computer off for 2 weeks...it triggered and vavoom

I had never blushed for 20 years before that.

I had to improve or play bowls in the park with the other dull old gits...

Still here swinging ! I graph my net worth in cash terms daily so I know exactly what is happening...

Still not good at it, but small gains almost every day and break even on some and a few small losses too and sooper dooper ones now and then are great for the soul... it's not the amount, it's the winning but I would like a really big YES YES YES soon....

I like cesar's style recently , just try and break even most days and wait for the big one(s)...
  • #27,960
  • Aug 30, 2007 10:42am Aug 30, 2007 10:42am
Quote
In my first year and a half i blew 2 accounts, it wasnt much but still. So for me it was -200% Hope this helps

right in my first 40 days, I blew my first account, it had equity which many good traders here dream of. I had no idea what the heck hedge was, never used SL, so now you know

Quote
I started in 2004 and lost GBP 7k in the first month..

made 1,300 next month by mistake - by leaving an order on by mistake while I had my computer off for 2 weeks...it triggered and vavoom

I had never blushed for 20 years before that.

I don't how I developed some skill sets, but I recovered my initial losses within few months by following someone's calls in a forum, lolz

thats prolly how I started learning, I still do not understand a single bit of any news, Being Indian and very little interest in what guys like bernanke say, its all blah blah and yada yada for me, lolz, nvm

so far so good, I'll keep ya guys posted on how I do in future !

Good Luck to all the Noobs, I have special space in my heart for noobs, the fact is that every single person is noob at some stage, so we should be kool n easy with such people.

I respect noobs !

Hello World!
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