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Cable Update (GBPUSD)

  • #41,761
  • Nov 28, 2007 6:43pm Nov 28, 2007 6:43pm
Quoting FatCat
Yes please give us better calls. We also like to see who is the great trader here. Moe or quicksilver???
Have to consider the Money Management (MM) as well. Don't just follow people blindly. Do some homework yourselves. If they give up the wrong call... don't blame them. Blame yourself of following blindly. Their MM surely different than yours. They might have the holding power to put SL at many pips than yours. "THINK"

p/s: Qs did got around 1000 pips last week... when most of you against him. Remember?
  • #41,762
  • Nov 28, 2007 6:48pm Nov 28, 2007 6:48pm
Quoting Moe
oh that would be funny if that guy who said he follow trade calls in demo and all he saw was up cable or down cable and went long or short base on that, thats some funny shit.
Profitable on demo? LOL... I turned $1K into $40 K in 3 months at Pokerstars.net - play money

Cake walk.

The funny today was "long cable long" all the way DOWN to mid 0500, and then short cable short all the way UP to mid 0800.

That's GOOD CALL only in two situations:
1- you live in the bizarro world
2- you trade on dope.

Whatta hell, it all makes me lmao every day.
  • #41,763
  • Nov 28, 2007 6:53pm Nov 28, 2007 6:53pm
Quoting Moe
i hear you, whats funny is that traders come here looking for trade call, i realy can't beleive these people don't have a trading system and come on a forum to trade forex, ive seen it all.

I agree with some of what you say.. just be careful you don't become too worried about what other traders are doing
  • #41,764
  • Nov 28, 2007 7:08pm Nov 28, 2007 7:08pm
Quoting Malaysia
Have to consider the Money Management (MM) as well. Don't just follow people blindly. Do some homework yourselves. If they give up the wrong call... don't blame them. Blame yourself of following blindly. Their MM surely different than yours. They might have the holding power to put SL at many pips than yours. "THINK"

p/s: Qs did got around 1000 pips last week... when most of you against him. Remember?
Open up your eyes and do some serious "THINKING". If you just follow people call.... you'll end up no where.

In reality... in any kind of business... Those who are at the TOP and wealthy are those who create a system or have a system... like ROBERT KIYOSAKI for instant. If you are the follower... you are just as good as the EMPLOYEE... never be the BOSS.

I don't know how they come out with this figure... when I think of it... by interacting with people around me... I can see that this kinda true in some way:

80% of the world population DON'T THINK... just follower.
15% of the world population THINK that they are THINKING.
ONLY 5% do some SERIOUS THINKING.
  • #41,765
  • Nov 28, 2007 7:10pm Nov 28, 2007 7:10pm
Quoting Moe
oh that would be funny if that guy who said he follow trade calls in demo and all he saw was up cable or down cable and went long or short base on that, thats some funny shit.
I think most people are tired of your grumblings here.

This thread is about: do you think cable is going up or down?

I started posting here cos I really wanted to compare
other people's views with my own plan for cable.

Cable was Down and Up today!

Down for 110 pips ......if QS and down group collected
that,maybe they are ok for the day. better than someone
hoping to recover 300 pips because of his long positions

And it went up +200 pips....you were looking or waiting
for 150 pips yesterday, show us how much you made today
and proof.

So what is your own game plan? You are neither
up or down.

This guy has his own strategy and people are following
him and they are not complaining what is your own problem.
  • #41,766
  • Nov 28, 2007 7:17pm Nov 28, 2007 7:17pm
Quoting Moe
i hear you, whats funny is that traders come here looking for trade call, i realy can't beleive these people don't have a trading system and come on a forum to trade forex, ive seen it all.
Hey I've been down that path before and got a margin call...

Did I learn my lesson....HELL YA....I learned to not follow some other people's calls and hope to get rich quick.....

Now I trade based on what my charts say and nothing else, use good MM and know when to cut my losses. It's a long journey but I'm in for the duration.

HOLLA
  • #41,767
  • Nov 28, 2007 7:22pm Nov 28, 2007 7:22pm
Quoting fxbroker
I think most people are tired of your grumblings here.

This thread is about: do you think cable is going up or down?

I started posting here cos I really wanted to compare
other people's views with my own plan for cable.

Cable was Down and Up today!

Down for 110 pips ......if QS and down group collected
that,maybe they are ok for the day. better than someone
hoping to recover 300 pips because of his long positions

And it went up +200 pips....you were looking or waiting
for 150 pips yesterday, show us how much you made today
and proof.

So what is your own game plan? You are neither
up or down.

This guy has his own strategy and people are following
him and they are not complaining what is your own problem.
there is nothing for me to prove, you don't make money in this business following someone else strategy, trust me on that, what happen if say his trade call was good then he goes away, where will that leave you, ass out, because you thought you can enter this business by taking the easy way out, ive seen to many newbie's go this route, and or still searching.
If I Go Broke Trying Then I Will die happy.
  • #41,768
  • Nov 28, 2007 7:27pm Nov 28, 2007 7:27pm
You can think what you like about moe.... but I am sure he's making a living off forex... counts for a lot in my book...

Quoting fxbroker
I think most people are tired of your grumblings here.

This thread is about: do you think cable is going up or down?

I started posting here cos I really wanted to compare
other people's views with my own plan for cable.

Cable was Down and Up today!

Down for 110 pips ......if QS and down group collected
that,maybe they are ok for the day. better than someone
hoping to recover 300 pips because of his long positions

And it went up +200 pips....you were looking or waiting
for 150 pips yesterday, show us how much you made today
and proof.

So what is your own game plan? You are neither
up or down.

This guy has his own strategy and people are following
him and they are not complaining what is your own problem.
  • #41,769
  • Nov 28, 2007 7:28pm Nov 28, 2007 7:28pm
if your looking for idea's and idea's to help you become a better trader thats one thing, but to don't even have a system and just looking for trade call's that another thing, all im saying don't think this is how you make money in forex.
If I Go Broke Trying Then I Will die happy.
  • #41,770
  • Nov 28, 2007 7:37pm Nov 28, 2007 7:37pm
there or to many people enter this business thinking this is the way to go, i been there, thinking i can get free signal or pay for it, and guest what i thought wrong, it was untill i put my blood sweat in tears and hard work into this and treated it like a business instead of a get rich quick gimmick, you don't trust me, lets see how long you stay around this business without your own system or just looking for trade signal's, and don't think you can buy one, you have to get a feel of your own system, what you can and can not do, and what we call in this business ( the homerun trade), say what you like, i been there and done that, come talk to me 3 years from now.
If I Go Broke Trying Then I Will die happy.
  • #41,771
  • Nov 28, 2007 7:41pm Nov 28, 2007 7:41pm
Quoting Moe
there or to many people enter this business thinking this is the way to go, i been there, thinking i can get free signal or pay for it, and guest what i thought wrong, it was untill i put my blood sweat in tears and hard work into this and treated it like a business instead of a get rich quick gimmick, you don't trust me, lets see how long you stay around this business without your own system or just looking for trade signal's, and don't think you can buy one, you have to get a feel of your own system, what you can and can not do, and what we call in this business ( the homerun trade), say what you like, i been there and done that, come talk to me 3 years from now.
Nothing else to say. Just have a look at my signature down there.
  • #41,772
  • Nov 28, 2007 7:53pm Nov 28, 2007 7:53pm
wild sideways until after the market works in rate cuts in US and GBR in early 2008
  • #41,773
  • Nov 28, 2007 7:57pm Nov 28, 2007 7:57pm
Quoting Moe
there or to many people enter this business thinking this is the way to go, i been there, thinking i can get free signal or pay for it, and guest what i thought wrong, it was untill i put my blood sweat in tears and hard work into this and treated it like a business instead of a get rich quick gimmick, you don't trust me, lets see how long you stay around this business without your own system or just looking for trade signal's, and don't think you can buy one, you have to get a feel of your own system, what you can and can not do, and what we call in this business ( the homerun trade), say what you like, i been there and done that, come talk to me 3 years from now.
I agree with you 100% all the way...
  • #41,774
  • Nov 28, 2007 7:57pm Nov 28, 2007 7:57pm
Quoting Moe
if your looking for idea's and idea's to help you become a better trader thats one thing, but to don't even have a system and just looking for trade call's that another thing, all im saying don't think this is how you make money in forex.
Well said Moe.
I think its alright to start off by being a follower, but bare in mind that you must develop your own system to really be a forex trader.
  • #41,775
  • Nov 28, 2007 7:57pm Nov 28, 2007 7:57pm
I did some scalping earlier on... Did the wrong entry by Buy From Dip at 20 wma on M30 chart. Now that I can see the spinning top CS and the price nicely bounce back after touching the middle BB... will I at least get BE on this entry? I will take the loss if broke that RED 50% Median.

Please comment on this.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd477a.PNG Size: 38 KB
  • #41,776
  • Nov 28, 2007 7:59pm Nov 28, 2007 7:59pm
For those still defending this UP/DOWN shout loud lifestyle, here is the inconvenient truth.

I'm around this very thread for a year already. And every once and while there is this wave of desperate people looking for clues. This wave last for 2 months when the old farts like Moe, de123, me and others take the thread back.

Just like I predicted right before, I say this: 80% of the names you see in the last 100 pages won't be in the 3,000 pages celebration party

Mark my words.
  • #41,777
  • Nov 28, 2007 8:00pm Nov 28, 2007 8:00pm
Quoting fxcritic
Well said Moe.
I think its alright to start off by being a follower, but bare in mind that you must develop your own system to really be a forex trader.
oh so true.
If I Go Broke Trying Then I Will die happy.
  • #41,778
  • Nov 28, 2007 8:03pm Nov 28, 2007 8:03pm
Quoting cesarnc
For those still defending this UP/DOWN shout loud lifestyle, here is the inconvenient truth.

I'm around this very thread for a year already. And every once and while there is this wave of desperate people looking for clues. This wave last for 2 months when the old farts like Moe, de123, me and others take the thread back.

Just like I predicted right before, I say this: 80% of the names you see in the last 100 pages won't be in the 3,000 pages celebration party

Mark my words.
If I Go Broke Trying Then I Will die happy.
  • #41,779
  • Nov 28, 2007 8:08pm Nov 28, 2007 8:08pm
Quoting cesarnc
For those still defending this UP/DOWN shout loud lifestyle, here is the inconvenient truth.

I'm around this very thread for a year already. And every once and while there is this wave of desperate people looking for clues. This wave last for 2 months when the old farts like Moe, de123, me and others take the thread back.

Just like I predicted right before, I say this: 80% of the names you see in the last 100 pages won't be in the 3,000 pages celebration party

Mark my words.
Now that's one person who knows what he is talking about.....
  • #41,780
  • Nov 28, 2007 8:10pm Nov 28, 2007 8:10pm
Quoting Moe
if your looking for idea's and idea's to help you
become a better trader thats one thing, but to don't even have a system
and just looking for trade call's that another thing, all im saying don't
think this is how you make money in forex.
How does tht become your problem?
Whose money and pain is it anyway?


Quoting Moe
there is nothing for me to prove, you don't make money in this
business following someone else strategy, trust me on that, what happen if say his
trade call was good then he goes away, where will that leave you, ass out, because
you thought you can enter this business by taking the easy way out, ive seen to
many newbie's go this route, and or still searching.
But you are not a newbie leave that to those following
calls. Look, in the final analysis it all bores down to
profit and your equity......whether you follow calls or you have
long term strategies or not.



Quoting Tiki Trader
You can think what you like about moe.... but I am sure
he's making a living off forex... counts for a lot in my book...
What I think about Moe is purely base on his posts on this thread nothing
more or less.



Quoting Moe
( the homerun trade), say what you like, i been
there and done that, come talk to me 3 years from now.
Exactly! if that is the path everyone must take to make it
what makes you think newbies will not follow your footsteps?

Stop grumbling about the learning process of others.

If they are shouting down because you are long, find another
thread where people are long. If they are shouting up because
you are down, do same.
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