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Cable Update (GBPUSD)

  • #33,061
  • Sep 27, 2007 2:53pm Sep 27, 2007 2:53pm
This whole page belongs in the B.S thread. tisk,tisk

Just Trade It
  • #33,062
  • Sep 27, 2007 3:00pm Sep 27, 2007 3:00pm
Down for the count

Sept. 27 (Bloomberg) -- Foxtons, a discount realtor that brokered home sales for a 3 percent commission, shut its U.S. operations and may file for bankruptcy amid the slowing housing market.
(...)
``The plain fact is that we have been battling against a real estate market that recently has turned into a sharp decline, and the company no longer has the liquidity to operate,'' John D. Blomquist, the company's senior vice president and general counsel, said in the statement.
  • #33,063
  • Sep 27, 2007 3:23pm Sep 27, 2007 3:23pm
Quoting cesarnc
Reversal formation in the hourly. Target 0200, SL 0290

Sounds interesting.....hey..it's only money! Drop Cable drop!
  • #33,064
  • Sep 27, 2007 3:29pm Sep 27, 2007 3:29pm
I am just keep thinging why everyone is eagerly watching the first signs to go short... Hell knows...
.
  • #33,065
  • Sep 27, 2007 3:30pm Sep 27, 2007 3:30pm
Quoting bullrock
I am just keep thinging why everyone is eagerly watching the first signs to go short... Hell knows...
Continuously and systematically... No one cares about long signals...
You know what... LONG CABLE LONG... I open new longs right away...
.
  • #33,066
  • Sep 27, 2007 3:33pm Sep 27, 2007 3:33pm
Quoting bullrock
Continuously and systematically... No one cares about long signals...
You know what... LONG CABLE LONG... I open new longs right away...

Like I said earlier..if you do opposite of me...you make money!
  • #33,067
  • Sep 27, 2007 3:33pm Sep 27, 2007 3:33pm
There is a strong reversal signal on the 10 sec chart
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  • #33,068
  • Sep 27, 2007 3:33pm Sep 27, 2007 3:33pm
Quoting firemed36
Sounds interesting.....hey..it's only money! Drop Cable drop!
LOL.. this SOB is likely to deny it...

damn pair...
  • #33,069
  • Sep 27, 2007 3:36pm Sep 27, 2007 3:36pm
Quoting bullrock
There is a strong reversal signal on the 10 sec chart


SHORT!!!!??
Just Trade It
  • #33,070
  • Sep 27, 2007 3:54pm Sep 27, 2007 3:54pm
Quoting Big Wave Rider
SHORT!!!!??

See...just do the opposite of me!
  • #33,071
  • Sep 27, 2007 3:59pm Sep 27, 2007 3:59pm
I went long... Target 2.05110...
No seriously ....
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  • #33,072
  • Sep 27, 2007 4:12pm Sep 27, 2007 4:12pm
Bullrock, i was looking at your monthly PL and i must ask one thing.

I don't know if you are aware but there is a big flow of opinion around that claim to be almost impossible to make 10% year in a consistent way. (Mostly members of the James Trading and the forum founder himself.)

I don't want to re ignite 1 more discussion to add to the thousand that happened in this forum, but i must ask, what do you think about that?

Just as a curiosity question...
  • #33,073
  • Sep 27, 2007 4:14pm Sep 27, 2007 4:14pm
Quoting Warper
Bullrock, i was looking at your monthly PL and i must ask one thing.

I don't know if you are aware but there is a big flow of opinion around that claim to be almost impossible to make 10% year in a consistent way. (Mostly members of the James Trading and the forum founder himself.)

I don't want to re ignite 1 more discussion to add to the thousand that happened in this forum, but i must ask, what do you think about that?

Just as a curiosity question...
I can send you my statement for proof....
.
  • #33,074
  • Sep 27, 2007 4:16pm Sep 27, 2007 4:16pm
Quoting Warper
Bullrock, i was looking at your monthly PL and i must ask one thing.

I don't know if you are aware but there is a big flow of opinion around that claim to be almost impossible to make 10% year in a consistent way. (Mostly members of the James Trading and the forum founder himself.)

I don't want to re ignite 1 more discussion to add to the thousand that happened in this forum, but i must ask, what do you think about that?

Just as a curiosity question...
The thing is I have a statistical/quantitative trading approach that is completely different from what most of the people trade... I've noted in a couple of posts that that I do not care about inidcators, fibo levels and so on.
.
  • #33,075
  • Sep 27, 2007 4:16pm Sep 27, 2007 4:16pm
See??? I went long GU. at 60
.
  • #33,076
  • Sep 27, 2007 4:26pm Sep 27, 2007 4:26pm
Quoting bullrock
See??? I went long GU. at 60
See what?
  • #33,077
  • Sep 27, 2007 4:29pm Sep 27, 2007 4:29pm
Quoting Warper
Bullrock, i was looking at your monthly PL and i must ask one thing.

I don't know if you are aware but there is a big flow of opinion around that claim to be almost impossible to make 10% year in a consistent way. (Mostly members of the James Trading and the forum founder himself.)

I don't want to re ignite 1 more discussion to add to the thousand that happened in this forum, but i must ask, what do you think about that?

Just as a curiosity question...
I do not agree with this... That is totally trading style, system, risk aversion, etc etc dependent.. ie what can you and what do you want to achieve... Why do I hav eto conform to stereotypes... Say I accept that is not possible to make consistently more that 20% a year and I accept that and my psycho (not me) but my internal psycho will act like that. My 2 cents. That is toatlly personality dependent. How about those who make 100% a year consistently?
.
  • #33,078
  • Sep 27, 2007 4:30pm Sep 27, 2007 4:30pm
Quoting chaoz
See what?
.
  • #33,079
  • Sep 27, 2007 4:37pm Sep 27, 2007 4:37pm
Don't get me wrong... i believe you completly because i've done it before.

Not every month is a paradise of course, August was an eye opening month, to keep my focus , but when sometimes i complete the goal of 1 month in 2 or 3 quality trades with moderated leverage, i can't help myself to think, when i correct all of my errors i don't know where is the limit...

Regarding your approach, don't worry, i understand perfectly where is the potential...

Just like i said, the "10% year impossible" thing is a flow of opinion around, not mine. I wouldn't be here for sure if i had that scary thought in my mind.. lol
  • #33,080
  • Sep 27, 2007 4:50pm Sep 27, 2007 4:50pm
Quoting Warper
Don't get me wrong... i believe you completly because i've done it before.

Not every month is a paradise of course, August was an eye opening, but when sometimes i complete the goal of 1 month in 2 or 3 quality trades with moderated leverage, i can't help myself to think, when i correct all of my errors i don't know where is the limit...

Regarding your approach, don't worry, i understand perfectly where is the potential...

Just like i said, the "10% year impossible" thing is a flow of opinion around, not mine. I wouldn't be here for sure if i had that scary thought in my mind.. lol
Here are the other things that flows around... 90%-95% traders do loose, money management/exit is the most important... psycho is the most important. discipline, etc, etc, etc... blah blah... then the classic stuff... wait for the signal, moving average crossovers, breakouts, oscillators, support/resistance, blah blah... You name it... These things all flow around... Do you want to know what I think.?? WHEN YOU REALLY TRADE IN THE WAY YOUR PERSONALITY AND PSYCHO IS HAPPY so in symbiosis, in an effortless manner like when you do something so smootly that you dont even notice it THEN AND ONLY THEN you will turn profitable.. The extent of that is not imprtant... Whether it is 10% or 500%. It can be whatever. I disclose my pl because of a competition but what do you think? The person who makes 20% consistently a month is going to disclose it? NOPE!!! And wont even discuss it whether it is possible or not. That is the 1%
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