Cable Update (GBPUSD)

Quoting scyang

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Where can I find accurately prices of the pairs over the weekend, to know if they are moving up or down?

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Quoting poweredbuyer

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Bro I feel your pain. I started Forex in 2004 Nov.

Started with $5000 USD with a useless broker questrade however I managed to run this up to $47K within 1 year. I thought I was invincible and gods gift to trading because I took the most basics of technical analysis course and started using Exp moving averages with basic indicators MACD,STOCH,RSI thinking I had found gold lol ...

As time went on I started over compllicating my trading strategy and began to get greedy trading multiple lots ... I was essentially gambling but refused to admit it. I was married to a SHORT Position on the USD/CAD and it cost me almost 70% of my account. Needless to say the rest was gone a few weeks after as I attempted desperatley to bring it back.

I only demo traded for the next 2 years tried everything possible. The most complicated strategies and the simple ones (trading the news).

This is the same path almost all begginers take I agree with others its tutition fees to get better and NOW you will be forced to further educate yourself and get better at this game (in reality it is a game).

Started again in Feb08 roughly and started with 1K in a mini account ran it up to 18K again by April 08. It was easy during this period because as long as you went against the dollar you were bound to do extremely well. I then became married to the fact that the USD dollar was headed to the pits. I up until 3 weeks ok had an ephiphany (no I didn't see Jesus Forexbroker ..lol) but I basically started to look at the bigger picture which is USD will get strong in the long term and Im not going to catch these reversals but rather follow the trend.

My Current state:

Use the most simple strategy (I don't waste to much of my time following charts but use simple Pivot,SR and a couple indicators to confirm what the news and fundamentals are telling me )

Total Deposits since I started: 16K

Max Equity during my trading tenure: $52,300

Current Account Balance: $3800 (lol)


My last 28 trades have all been winners ... why? I dunno maybe cause im following the trend or perhaps I refuse to take a position everyday like before because the market is 24/5 and always an opportunity to make money. I may only take a trade once or twice a week maybe a month but now days im sure higher probability of success.

(As for my inititiative of turning $220.00 into 3K in 2 months) thats just so I can feed the addiction I have of executing a trade daily since Im glued to the screen most of the time when I should be WORKING... lol)

thats my boring story.

Bottom line ... you will make it back and hopefully more ... take a break rethink things wait till the reversal of GBP/USD has been confirmed. Everyone wants it to happen NOW NOW NOW but reality it bottom is nowhere near insight yet.

Good Luck and sorry for a long post some of which people wouldnt care to read but.

All the best

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Quoting poweredbuyer

Disliked

Bro I feel your pain. I started Forex in 2004 Nov.

I up until 3 weeks ok had an ephiphany (no I didn't see Jesus Forexbroker ..lol) but I basically started to look at the bigger picture which is USD will get strong in the long term and Im not going to catch these reversals but rather follow the trend.

My Current state:

Use the most simple strategy (I don't waste to much of my time following charts but use simple Pivot,SR and a couple indicators to confirm what the news and fundamentals are telling me )

Total Deposits since I started: 16K

Max Equity during my trading tenure: $52,300

Current Account Balance: $3800 (lol)


My last 28 trades have all been winners ... why? I dunno maybe cause im following the trend or perhaps I refuse to take a position everyday like before because the market is 24/5 and always an opportunity to make money. I may only take a trade once or twice a week maybe a month but now days im sure higher probability of success.

(As for my inititiative of turning $220.00 into 3K in 2 months) thats just so I can feed the addiction I have of executing a trade daily since Im glued to the screen most of the time when I should be WORKING... lol)

thats my boring story.

Bottom line ... you will make it back and hopefully more ... take a break rethink things wait till the reversal of GBP/USD has been confirmed. Everyone wants it to happen NOW NOW NOW but reality it bottom is nowhere near insight yet.

Good Luck and sorry for a long post some of which people wouldnt care to read but.

All the best

Ignored

Quoting fxbroker

Disliked

So will you say you are profitable with a balance of 3.8k from 52k.
Really I do not understand the point you are putting forward.........simply with your gambling method since 2004.

Coming back to the main point I wanted to reply you, your last 28 trades are winners yet you do not know meaning it is share gambling and not science. As you do not know why you are winning so it will happen like in 2004, when you will not know when your account is tumbling.

I so I have consider to seriously reply this post to dispel some negative thinking about my method for everyone to know what I am talking.

Why doing that I also understand that I also know that people will be saying
My application of Jesus Christ to chaos trading is not something that came out of no where as you try to glorify yourself here. It is based on long term research and seeking for the science in the name and the teachings of Jesus Christ. But it is a pity that people are always too quick to misinterpret my postings without even finding out what is it I am talking about. By so doing they scared others way and making them believe that anyone that uses the name of Jesus Christ is not scientific or academic.
By so doing they succeed in the doing one thing – keeping people in perpetual bondage and in losses.
For example if any one follows your gambling freak since 2004, it is obvious they will always end up wiping out their accounts. For your information I only started trading in 2005 by mid 2006, I have succeeded in wiping out few mini accounts. This was when I abandoned all traditional methods of trading and started researching into chaos theory.
I came to this forum first in November 2007, to contribute to the discussion of chaos theory and show people that they are using same old statistical method as chaos theory. But my views were not welcomed so I started my thread just to post results and analysis.
No, my analyses are not based on day dreaming.
For your information my secular educational background is in the Geographical Science discipline where much of attentions are focused on era, epoch, cycles, order, hierarchies, tree-like patterns, waves, etc that manifest themselves on the surface of the earth. Modern storing of information using geographical information systems is based on chaos theory and fractal pattern. This is the same ways your trading chart stores past data.
One weakiness of trading charts like its counterpart (e.g, maps) is that they can store information of what has happened, they cannot tell what will happen next or in the future. This is the demise of statistical and mathematical tools because these tool rely on past data. These tools are merely applied to historical data, that is why they cannot predict the future.
The future does not solely depend on past historical data. Similarly, patterns of things in nature may also look similar but are not alike, each is unique. This is the demise of Fibnonancci and Elliot Wave analysts, and other mathematical tools for example.
Because of this, I on my part started looking at Chaos Theory but not as used by mathematicians because that will mean repeating the same mistakes. If you have a look at the original theory
[FONT='Arial','sans-serif']“If we knew exactly the laws of nature and the situation of the universe at the initial moment we could predict exactly the situation of that same universe at a succeeding moment.” Henri Poincaré in a 1903 essay “Science and Method.”[/font]
means that we should go back and ask the Creator of the universe about these laws of nature that existed at the initial moment before creation - economic activities – market activities. These laws are in the spoken Word of God which is the same thing as Jesus Christ. Only people who want to sturbonly disregard this do so at their foolishness.
First by decrees and timing, God organises His creative activities in sequence of 6 days works, rest on the 7th, and a new creation or cycle will start on the 8th day. This is the jinx to patterns of things in nature. God could not have created us in His own image and allowed us to go on carrying out our economic activities differently from what He is doing. Man’s economic cycles or any other cycles on earth for that matter cannot operate differently outside the laws that created them. Henri was right in his general theory but it now depends on how you apply it.
This is why Jesus Christ was sent to us in human flesh to explain these laws and cycles to us.
”but seek (aim at and strive after) first of all His kingdom and His righteousness (His way of doing and being right), and then all these things taken together will be given you besides.”
You see that Henri was merely rephrasing the same law or teachings of Jesus Christ. The problem with people is that they do not have faith in the teachings of Jesus Christ, but prefer their own understanding. This is the same old arguments between Jesus Christ and the Pharisees during His reign on earth.
The Bible has actually explained the science of nature and even cycles of markets. For example contrary to popular science believe, market cycles do not repeat itself because each day is unique and once it happened it is gone for ever. Secondly, things we need to meet tomorrow’s market sentiments has already be met by God almost +13 000 years back when He first handed man power and authority over everything He created on earth. There is really no need to start back testing future demand and supply. This is also why Jesus Christ told us not to worry for tomorrow and that tomorrow will take care of itself. So why worry or forecasting for days, weeks and months ahead. This is contrary to God’s patterns.
In a nutshell what you see from your chart as a signal or reversal today has long started even days or months back, so that before you know it, the cycle has completed. This is because God’s cycle is literally one step (one day) ahead of us. You got to believe in the teachings of Jesus Christ – may I say the science of Jesus Christ to spot market cycles on time.
So it was not by coincidence that I know market was going to fractal or start new cycle the 08-08-2008, which was marked day of our Lord rose from the dead after three day. That brought new hope and life. These cycles pemeates in all what we do. The fact that people are blind to them does not mean that the observation is not scientific if I may use the worldly term.
Also, it is also not coincidence or by luck that I know market reversal is going to set in by yesterday by Friday for the weekly cycle of the new cycle.
To sum up this long article, it is not much of recognising market cycles based on God’s cycles which Fibonancci and Elliot, and all other people talked about, and which I am talking about now using chaos theory, the most important thing is to know and believe in the One who designed these cycles. If you do not believe, you cannot have faith in the deep science of Jesus Christ. And if you do not have faith in Him and His power and authority you will always be running in opposed directions – market cycles.
I shared this with all of you that have suffered major losses this past week. It is easy for people give you advice and counter that my talk is cheap about applying Jesus Christ. It is another thing for them to offer alternate and lasting solution.
This is where I challenged them to come up with alternative solution to trading. Even more so, I challenged you to seek for solution to your trading problems yourself, you do not need to rely on my own views, verify what I said about the laws of nature, pick your Bible and start digging deep from where science has stopped, you will surely find ways to forecast market cycles yourself.
Remember if you are ashamed to seek HIM, because you are afraid of what other people are going to say, only yourself suffered losses. This is not about religion; it is about science of market cycles that is deeper than what carnal science knows or can teach you.
Happy trading.

Ignored

Quoting fxbroker

Disliked

So will you say you are profitable with a balance of 3.8k from 52k.
Really I do not understand the point you are putting forward.........simply with your gambling method since 2004.

Coming back to the main point I wanted to reply you, your last 28 trades are winners yet you do not know meaning it is share gambling and not science. As you do not know why you are winning so it will happen like in 2004, when you will not know when your account is tumbling.

I so I have consider to seriously reply this post to dispel some negative thinking about my method for everyone to know what I am talking.

Why doing that I also understand that I also know that people will be saying
My application of Jesus Christ to chaos trading is not something that came out of no where as you try to glorify yourself here. It is based on long term research and seeking for the science in the name and the teachings of Jesus Christ. But it is a pity that people are always too quick to misinterpret my postings without even finding out what is it I am talking about. By so doing they scared others way and making them believe that anyone that uses the name of Jesus Christ is not scientific or academic.
By so doing they succeed in the doing one thing – keeping people in perpetual bondage and in losses.
For example if any one follows your gambling freak since 2004, it is obvious they will always end up wiping out their accounts. For your information I only started trading in 2005 by mid 2006, I have succeeded in wiping out few mini accounts. This was when I abandoned all traditional methods of trading and started researching into chaos theory.
I came to this forum first in November 2007, to contribute to the discussion of chaos theory and show people that they are using same old statistical method as chaos theory. But my views were not welcomed so I started my thread just to post results and analysis.
No, my analyses are not based on day dreaming.
For your information my secular educational background is in the Geographical Science discipline where much of attentions are focused on era, epoch, cycles, order, hierarchies, tree-like patterns, waves, etc that manifest themselves on the surface of the earth. Modern storing of information using geographical information systems is based on chaos theory and fractal pattern. This is the same ways your trading chart stores past data.
One weakiness of trading charts like its counterpart (e.g, maps) is that they can store information of what has happened, they cannot tell what will happen next or in the future. This is the demise of statistical and mathematical tools because these tool rely on past data. These tools are merely applied to historical data, that is why they cannot predict the future.
The future does not solely depend on past historical data. Similarly, patterns of things in nature may also look similar but are not alike, each is unique. This is the demise of Fibnonancci and Elliot Wave analysts, and other mathematical tools for example.
Because of this, I on my part started looking at Chaos Theory but not as used by mathematicians because that will mean repeating the same mistakes. If you have a look at the original theory
[FONT='Arial','sans-serif']“If we knew exactly the laws of nature and the situation of the universe at the initial moment we could predict exactly the situation of that same universe at a succeeding moment.” Henri Poincaré in a 1903 essay “Science and Method.”[/font]
means that we should go back and ask the Creator of the universe about these laws of nature that existed at the initial moment before creation - economic activities – market activities. These laws are in the spoken Word of God which is the same thing as Jesus Christ. Only people who want to sturbonly disregard this do so at their foolishness.
First by decrees and timing, God organises His creative activities in sequence of 6 days works, rest on the 7th, and a new creation or cycle will start on the 8th day. This is the jinx to patterns of things in nature. God could not have created us in His own image and allowed us to go on carrying out our economic activities differently from what He is doing. Man’s economic cycles or any other cycles on earth for that matter cannot operate differently outside the laws that created them. Henri was right in his general theory but it now depends on how you apply it.
This is why Jesus Christ was sent to us in human flesh to explain these laws and cycles to us.
”but seek (aim at and strive after) first of all His kingdom and His righteousness (His way of doing and being right), and then all these things taken together will be given you besides.”
You see that Henri was merely rephrasing the same law or teachings of Jesus Christ. The problem with people is that they do not have faith in the teachings of Jesus Christ, but prefer their own understanding. This is the same old arguments between Jesus Christ and the Pharisees during His reign on earth.
The Bible has actually explained the science of nature and even cycles of markets. For example contrary to popular science believe, market cycles do not repeat itself because each day is unique and once it happened it is gone for ever. Secondly, things we need to meet tomorrow’s market sentiments has already be met by God almost +13 000 years back when He first handed man power and authority over everything He created on earth. There is really no need to start back testing future demand and supply. This is also why Jesus Christ told us not to worry for tomorrow and that tomorrow will take care of itself. So why worry or forecasting for days, weeks and months ahead. This is contrary to God’s patterns.
In a nutshell what you see from your chart as a signal or reversal today has long started even days or months back, so that before you know it, the cycle has completed. This is because God’s cycle is literally one step (one day) ahead of us. You got to believe in the teachings of Jesus Christ – may I say the science of Jesus Christ to spot market cycles on time.
So it was not by coincidence that I know market was going to fractal or start new cycle the 08-08-2008, which was marked day of our Lord rose from the dead after three day. That brought new hope and life. These cycles pemeates in all what we do. The fact that people are blind to them does not mean that the observation is not scientific if I may use the worldly term.
Also, it is also not coincidence or by luck that I know market reversal is going to set in by yesterday by Friday for the weekly cycle of the new cycle.
To sum up this long article, it is not much of recognising market cycles based on God’s cycles which Fibonancci and Elliot, and all other people talked about, and which I am talking about now using chaos theory, the most important thing is to know and believe in the One who designed these cycles. If you do not believe, you cannot have faith in the deep science of Jesus Christ. And if you do not have faith in Him and His power and authority you will always be running in opposed directions – market cycles.
I shared this with all of you that have suffered major losses this past week. It is easy for people give you advice and counter that my talk is cheap about applying Jesus Christ. It is another thing for them to offer alternate and lasting solution.
This is where I challenged them to come up with alternative solution to trading. Even more so, I challenged you to seek for solution to your trading problems yourself, you do not need to rely on my own views, verify what I said about the laws of nature, pick your Bible and start digging deep from where science has stopped, you will surely find ways to forecast market cycles yourself.
Remember if you are ashamed to seek HIM, because you are afraid of what other people are going to say, only yourself suffered losses. This is not about religion; it is about science of market cycles that is deeper than what carnal science knows or can teach you.
Happy trading.

Ignored

Quoting AmeriTrini

Disliked

You should be ashamed for trying to make money off God's word!!, if you really believed in this your trading course would be for free to help others and you would trust that God's would send you riches, no matter what, but God is not about this, He is not about anything material.

Ignored

Quoting Gubster

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with the turmoil in europe with Russia and Poland its gonna be bad news for Euro and GBP. The euro money is going to transferred to US dollar as a safe haven.

Ignored

Quoting nAVIN2007

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my friend i commend u for your belief in god..and its good to see u have strong faith.....but to think that belief in god (jesus for u) means u will be profitable in forex is crap...it really is
every1 have there own journey in life...and success in forex doesnt mine successfull life...i hope the day doesnt come where u blow yur account and u question your faith..the point im trying to make is believing in god isnt about a success in forex, the picture is much bigger

forex is about material wealth...It is almost like saying if u believe in god u will never have bad luck..

god bless

Ignored

Quoting fxbroker

Disliked

When go on to divert academic discussions on market cycles and launch personal attack, you are blocking other people from recieving the knowledge.

For AmeriTrini his is really confused and wear off with his worldy tools

Ignored

Quoting fxbroker

Disliked

What you hope about me blewing up account is like you are day dreaming unless I revert back to your methods of the world, and walk away from the righteousness of Jesus Christ. These are basic laws of nature.

There is nothing to qurrell about here.


.

Ignored

Quoting allserene

Disliked

Dear fxbroker- I am not making a personal attack on you, rather I am ridiculing your ideas. Neither you nor my ex wife seem to be able to grasp the distinction between the two. I live in a land of religious nuts so these ideas are not new to me. A guy on the telly says if i don't support his church right now, then someone in my family will get cancer and it will be my fault.

If I thought I could double my account next week by using all that hoodoo-voodoo, I would be the first to be on my knees, wearing out my walmart jeans and speaking in tongues and scaring the cat

The thought of wearing out my wordly tools makes me think of falling in line and I bet Ameritrini will be worried about going through eternity without his wordly tool - after all, heaven might be populated by donna summer look alikes (as she was) - being there without my wordly tool in that circumstance would create a hell out of heaven

To decide this, would you show a chart showing the correlation between god's menstrual cycles /6 day work week, and your position entry points and your profit taking...

How do you know about god's work week and bowel regularity etc anyway? This info will be crucial if your method is to work

Ignored

Quoting allserene

Disliked

Cycles might exist but they are too long for us to wait for - cable might be at 1.1 again but I am not waiting for it

Ignored

Quoting allserene

Disliked

The garbage collectors and gargage dump owners here are rip off artists and put tickets on my wheelie bin to say it is the wrong way round - so i wont be making gods out of them.

The Roman monetary system seems to have worked without Jesus as it was operating 500 years before he was born - they had economic cycles too

I can just see your ancestors asking Jesus to shove the forex rate up a few pips and big G says 'who ?'

In those days they were trading tasty Polish totty for french onions but it was still a valid and ever changing exchange rate

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Quoting fxbroker

Disliked

I have to go now, but I am prepared to show you how to turn your trading around. I am speaking seriously, if you agreed and it will be free. Then you will trade with it and come back here to give testimony and glory to Jesus Christ.


But you have to be prepared to play your own role. I will look for some firebrand Pastors in your area, to come and pray for you and beat those gods confusing you out your mind and your neighbourhood. We call this, like I said deprogramming. I know your thoughts are like toxic right now, with regards to things of God. It is not your fault.

Once your eyes and mind is re-oriented we start the training and you can come back here and give testimony.

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Quoting fxbroker

Disliked

I will look for some firebrand Pastors in your area, to come and pray for you and beat those gods confusing you out your mind and your neighbourhood.

Ignored