Cable Update (GBPUSD)

Quoting allserene

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You and me both buddy

I said that because it wasn't willing to go through 2.000 and stay there, it was just a matter of time before it went down - but we thought that in the meantime, there might be a re-visit and we could range trade

our only sin was putzing around range trading with slack stoplosses when there was no trend

lesson learned - at least I only gave back my winnings

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Quoting allserene

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So Big G sold cable ? I wondered who it was

No way - I know it's not god as she doesn't qualify for a bank account - no utility bills and she has no birth certificate

Hope she files a tax return - not to do so would be a sin

but - sitting on a cloud is the ultimate off-shore location ?

Is posing as a man for a trillion years seen as identity theft ?

I reckon it's George Soreass and his buddies who are running this show

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Quoting fxbroker

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Hey buddy, I just want to help you out here.
I think you are using dummies or dead tools!

You need to turn to a Living Tool and Master Craftman who knows when Sorros and the Warrens want to create havoc.

You totally got it wrong .............or will I say you are ignorant of how to trade.......you are just bragging about your money.

Read here:

It does not matter who push the cable to fall. It could be Soros or Warren
it is irrelevant. What is important is that you have the right techniques that tells you when and how far they will push the price.

But if you keep relying on dummy and dead technques and variables that only see after Soros or Warren have pushed the price, then you need to do something about your trading method or yourself.

If your systems can not spot them right on......you are using dead tools and techniques. Turn to the One that knows when Soros or the Warrens want to push price to fall or rise.

If you don't get it, you will never get it. Who cares who push the price or whether it will fall or rise.

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Quoting fxbroker

Disliked

Hey buddy, I just want to help you out here.
I think you are using dummies or dead tools!

You need to turn to a Living Tool and Master Craftman who knows when Sorros and the Warrens want to create havoc.

You totally got it wrong .............or will I say you are ignorant of how to trade.......you are just bragging about your money.

Read here:

It does not matter who push the cable to fall. It could be Soros or Warren
it is irrelevant. What is important is that you have the right techniques that tells you when and how far they will push the price.

But if you keep relying on dummy and dead technques and variables that only see after Soros or Warren have pushed the price, then you need to do something about your trading method or yourself.

If your systems can not spot them right on......you are using dead tools and techniques. Turn to the One that knows when Soros or the Warrens want to push price to fall or rise.

If you don't get it, you will never get it. Who cares who push the price or whether it will fall or rise.

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Quoting DJ4x

Disliked

Hello Guys..... Miss me?
I've been too scared to trade this week. Not sure of direction. Very low price to place shorts and not sure about longs....
Hmmm, sounds like every other week.
Hope you all making some pips out there
Happy trading

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Quoting nAVIN2007

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actually bro ....im feeling exactly like u...we in a new range (not sure range is the right word) and i dunno what the hell is going on..i sitting on bench till i see something..

notice how nobody mention position...i think every1 in the same boat for once

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Quoting fxbroker

Disliked

Hey buddy, I just want to help you out here.
I think you are using dummies or dead tools!

You need to turn to a Living Tool and Master Craftman who knows when Sorros and the Warrens want to create havoc.

You totally got it wrong .............or will I say you are ignorant of how to trade.......you are just bragging about your money.

Read here:

It does not matter who push the cable to fall. It could be Soros or Warren
it is irrelevant. What is important is that you have the right techniques that tells you when and how far they will push the price.

But if you keep relying on dummy and dead technques and variables that only see after Soros or Warren have pushed the price, then you need to do something about your trading method or yourself.

If your systems can not spot them right on......you are using dead tools and techniques. Turn to the One that knows when Soros or the Warrens want to push price to fall or rise.

If you don't get it, you will never get it. Who cares who push the price or whether it will fall or rise.

Ignored

Quoting DJ4x

Disliked

Hehe
Still have one long open at somewhere around 1.9250.
Haven't opened my charts yet this week. Don't want to see RED. Kind of like an ostrich with its head in the sand . What I don't see can't hurt me
Anyway leaving that until next week maybe. Last week was a killer for me. Feeling very cautious.

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Quoting nAVIN2007

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i know what u mean...but i also thinking u addicted to going long..hehe be carefull bru

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Quoting nAVIN2007

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i think yur post is very unfair towards allen...ok u could have predicted price falling but not the way it did...breaking all supports at one time, absolutely nobody has a system that can predict this ..and u yourself exit the short 300 pips higher last week ..so u also were in the dark..

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Quoting nAVIN2007

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i know what u mean...but i also thinking u addicted to going long..hehe be carefull bru

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Quoting fxbroker

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You'd mean I am only being honest to his unfair bashing of my posts, each time I post. For every post he is there to attack unfairly.
[FONT='Verdana','sans-serif'] Including yourself - read [/font]
http://www.forexfactory.com/showpost.php?p=2150367&postcount=80353
http://www.forexfactory.com/showpost.php?p=2150381&postcount=80355
[FONT='Calibri','sans-serif']http://www.forexfactory.com/showpost...ostcount=80924[/font]

I only post what I think Cable will do. Whether it favours his or your losing outlook is not the question. It is whether cable is going up or not. It you think your views is right hold on to it. Stop bashing other people.

It is very unfair each time I post for Allen and his cohorts to come on and bash me. You'd mean I should stop posting here because they will always attack me? Meanwhile they do not have any better scientific clue than what I said.

There are people who will follow him blindly that is there own choice,
but there other people too who can pick one or two things from what is different from his views as well. That is what the thread is about. Not his foolishiness in bashing other people because of lack of knowledge of what other people are using to trade.

You derived joy when he says bad things like creative betting to me, but you feel offended now that I tell him honestly about his wrong way to trade. Trading is not for one person. It is for everyone, if you think you right go in. The same thing with this forum. So stop confusing methods with other things.

Who cares whether I existed 300pips earlier or not. And who cares whether you stay on losing trade with allen or not. It is my choice and method, and it is your choice too to be holding to losing trades, even when some of the best traders here will tell you to cut your losses, you decided to keep to your views.

Do you want me to give up posting because someone with wrong ideas about where cable is going will attack my views. NO!

Back to the thread Where is Cable Going Up or Down?

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Quoting AmeriTrini

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If there is a countertrend advance as suggested by my broker to about 1.9250, should we go long?

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Quoting asyed4

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Hey Navin and DJ4X I am out of the market early morning in London Sesson and i trimmed my losses but I have more losses than Navin (actually what I have earned especially in June and July all went to toilet) but I feel very happy now when I closed all my positions and did scalping few pips there and few pips here in US stock session in my practice account and my FXCM accounts 10 cents per pip and 5 cents per pip and 2 cents per pip. I think I have the best platform to fight this very unvolatile market by using very little budget (FXCM accounts) at least this week.

I have decided to away from London Session this week and focus on the day for Stock Exchange pairs like USD/JPY or Euro/USD because it is far less chalenge to do those pairs within US Session because the up and down of those pairs are strictly depend up on move of DJIA. For example, DJIA move for tomorrow will all depend upon us retail sales news. Atleast I like DJIA market because at least DJIA is following fundamentals and oil performance.

I strictly away from GBP/USD because it is not following anything; no technicals what so ever and no fundamentals what so ever;

I can tell you guys what this pair is following; it is following GBP/JPY and its own issues-increased inflation and chances to cut the interest in the nearest future.

I have read in FXCM that if GBP/JPY crosses below 108 then it will easily go down until 107 or below that means GBP/USD can go down until 1.8620 I also read fxcm was saying that their broader target is 1.8620 and if G/U crosses below than 1.8960 then it will faciliate the route to go to 1.8620....

So my dear friend DJ4X please be careful about your long position @ 1.9250 I don't want to scare you. OK now I want to encourage by saying that I also read in FXCM that increase of yield in UK because of inflation rises could rebound GBP/USD and GBP/JPY to atleast 1.94 and 212 but after this news they also say that both pairs are under pressure heavily....

OK gentlemen happy trading and have a nice trading this week; I will be trading but in US session strictly at leat this week and I will sit 2 hours in the pre-uk trading for observation instead of trading...........

Have a nice week!!!!!!

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Quoting asyed4

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I would say if it reached to 1.9250 then we should go shorts as my fxbroker (FXCM) target is 1.8620......

I think I like cable only when I have to do short and now 8 gram of my brain completely understand that I should do short and following the trend of the market not fighting with the trend because we do not know what would be the real bottom so we can not decide to do long when it gets there to 1.9250 especially this week. Because if this week cable could go to 1.9250 then I think that is the best position to do short. Short Short Short guys until the US election or atleast before US non farm on September 5th......

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Quoting nAVIN2007

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im sorry to hear your loss..u will earn every penny back with interest..we all will ...

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