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Cable Update (GBPUSD)

  • #39,561
  • Nov 14, 2007 1:34am Nov 14, 2007 1:34am
Quoting Masmp_FX
I just dont understand, Why 1KT members blow their accounts?
Lack of discipline maybe
May be.. as far as i know.. 1KT qualification is a trader who have trade more that 1k positions (trading). It doesnt mentioned that u have to be green (profitable) after u've done ur 1k trading. Second thing is that 1KT members are elected by other 1KT members here based on their "performance" or posting here in FF. But talking and trading are one hell different thing. Some can talk big and post charts and calls here but trade poorly.. or post lots of jokes but trade very profitable. 1KT is just a "filter" for those newbies here looking for advises or learnings so that they dont fall into other newbies who act like a big shots.
  • #39,562
  • Nov 14, 2007 1:41am Nov 14, 2007 1:41am
Nice trading alternative...

... if you're single

http://www.cnbc.com/id/21776280

  • #39,563
  • Nov 14, 2007 1:43am Nov 14, 2007 1:43am
Quoting dd33
May be.. as far as i know.. 1KT qualification is a trader who have trade more that 1k positions (trading). It doesnt mentioned that u have to be green (profitable) after u've done ur 1k trading. Second thing is that 1KT members are elected by other 1KT members here based on their "performance" or posting here in FF. But talking and trading are one hell different thing. Some can talk big and post charts and calls here but trade poorly.. or post lots of jokes but trade very profitable. 1KT is just a "filter" for those newbies here looking for advises or learnings so that they dont fall into other newbies who act like a big shots.
so that's what the 1kt stands for, more on like a badge you can show around while walking town, usually when you enter a bar, you can get free drinks with it..
  • #39,564
  • Nov 14, 2007 1:44am Nov 14, 2007 1:44am
Quoting cesarnc
Nice trading alternative...

... if you're single

http://www.cnbc.com/id/21776280

  • #39,565
  • Nov 14, 2007 1:51am Nov 14, 2007 1:51am
Quoting Moe
no, im sticking with my long.
Closed my short with +40pips.. now stay focus with the long..
"Invest With The Insiders, Not The Masses" George Muzea
  • #39,566
  • Nov 14, 2007 2:40am Nov 14, 2007 2:40am
BOE QUARTERLY INFLATION REPORT: CPI SEEN AT 2.0% ASSUMING AT LEAST ONE RATE CUT IN 2008 - Forecast Based On Cut In Bank Rate To 5.5% In Q1
  • #39,567
  • Nov 14, 2007 2:43am Nov 14, 2007 2:43am
Quoting Masmp_FX
I just dont understand, Why 1KT members blow their accounts?
Lack of discipline maybe
trying to get 1k trades so they can get there badge.
If I Go Broke Trying Then I Will die happy.
  • #39,568
  • Nov 14, 2007 2:54am Nov 14, 2007 2:54am
BOE: CPI To Fall To Target In 2009 As Capacity Eases
BOE: Forecast Based On Cut In Bank Rate To 5.5% In Q1
BOE: Forecast Based On Second Rate Cut Around 3Q
BOE: Energy Prices To Push CPI Above 2.0% Target In 2008
BOE: Weaker GBP Will Also Contribute To Rising CPI In '08
BOE: 2008 CPI Forecast "Somewhat Higher" Than In August

BOE: Previous Hikes, Tight Credit Mkts Prompt Slowdown
BOE: Lower Rates, Weaker GBP To Boost Growth In 2009
BOE: Uncertainties To Outlook Higher Than In August
BOE: Credit Mkts, World Growth, CPI Expectations Are Risks
BOE: Global Financial System Still Vulnerable To Shocks
BOE King: Inflation Expectations Haven't Fallen

BOE King Sees "Difficult Decisions" In Months Ahead
BOE King: In Short-Run, Bigger Risk Of Downturn
BOE King: Surveys Suggest Growth Has Started To Slow
  • #39,569
  • Nov 14, 2007 2:55am Nov 14, 2007 2:55am
hell yeah...
"Invest With The Insiders, Not The Masses" George Muzea
  • #39,570
  • Nov 14, 2007 2:55am Nov 14, 2007 2:55am
Quoting Moe
trying to get 1k trades so they can get there badge.
I’ve only blew demo accounts, and because I was stupid, no stop loss, trying to beat the market, overtrading, you name it, but I was learning, I never risk more than 1% of my account on each trade.
Logic will get you from A to B. Imagination will take you everywhere.
  • #39,571
  • Nov 14, 2007 2:59am Nov 14, 2007 2:59am
nearly 100 points in 15 mintues, wtf is going on
  • #39,572
  • Nov 14, 2007 2:59am Nov 14, 2007 2:59am
Phew... short at 2.0827 closed at 2.0724

100pips.
"Invest With The Insiders, Not The Masses" George Muzea
  • #39,573
  • Nov 14, 2007 3:01am Nov 14, 2007 3:01am
Quoting sooperthug
nearly 100 points in 15 mintues, wtf is going on
I think it's going to the nearest support at 2.0680 before going up long again.

I think so..
"Invest With The Insiders, Not The Masses" George Muzea
  • #39,574
  • Nov 14, 2007 3:17am Nov 14, 2007 3:17am
wow cable is going nuts
  • #39,575
  • Nov 14, 2007 3:18am Nov 14, 2007 3:18am
Quoting sooperthug
nearly 100 points in 15 mintues, wtf is going on

Make it 200 pips.
  • #39,576
  • Nov 14, 2007 3:18am Nov 14, 2007 3:18am
Quoting Qu|cksilver
Phew... short at 2.0827 closed at 2.0724

100pips.
how did you know to do this, i got screwed here!!! everything was going so well and this move caught me by surprise and i placed a larger number of lots than normal!!!!! 1 pip out for t/p turned into a loss :@

im confused and dont know what to do now!!!
  • #39,577
  • Nov 14, 2007 3:18am Nov 14, 2007 3:18am
I'm going long at 2.0656with tight stoploss today might be CRAZY for cable..
"Invest With The Insiders, Not The Masses" George Muzea
  • #39,578
  • Nov 14, 2007 3:20am Nov 14, 2007 3:20am
Quoting Qu|cksilver
I'm going long at 2.0656with tight stoploss today might be CRAZY for cable..
stoploss at BE now.. Long GU Long!! Common i know you can..
"Invest With The Insiders, Not The Masses" George Muzea
  • #39,579
  • Nov 14, 2007 3:22am Nov 14, 2007 3:22am
Quoting sooperthug
how did you know to do this, i got screwed here!!! everything was going so well and this move caught me by surprise and i placed a larger number of lots than normal!!!!! 1 pip out for t/p turned into a loss :@

im confused and dont know what to do now!!!
Nov. 14 (Bloomberg) -- The Bank of England signaled it needs to cut its benchmark interest rate at least once next year to reach its inflation target as economic growth slows.
The inflation rate will settle to the bank's 2 percent goal in 2009 after rising above it next year, the central bank said. Its forecasts are based on market assumptions the bank will cut the main rate by 25 basis points to 5.5 percent in the first quarter and that the rate will average 5.3 percent in the second half of 2008. Growth risks are ``on the downside'' and inflation risks are ``balanced,'' the bank said.
For he that would be deceived, let him.
  • #39,580
  • Nov 14, 2007 3:22am Nov 14, 2007 3:22am
BOE King: Have Many More Months Of Stress In Fincl Mkts
BOE King Sees Normalization Of Credit Mkts BY Mid-2008

King: Dollar Pegs Are Causing "Great Currency Tensions"
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