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Cable Update (GBPUSD)

  • #87,041
  • Sep 10, 2008 1:14pm Sep 10, 2008 1:14pm
Quoting nAVIN2007
i dont think we are going anywhere....this flipping thing going to end with a doji...cant see it breaking the bottom..or the top
I think it is very likely we will see a new low today, maybe after interest is paid..
Patience + Discipline - Greed = Success
  • #87,042
  • Sep 10, 2008 1:15pm Sep 10, 2008 1:15pm
Quoting allserene
Exactly -I seem to remember someone selling longs yesterday - someone with a head of steel ? Someone who knew how the banks were preparing to move ? Inside information ?

First Steelhead - you say you know better than everyone and you have special info that we don't have and you always win while we lesser mortals are struggling..poor things we are

No you are on a mission to save us from ourselves

It sounds like the second coming of christ sometimes

Now grab a little humility and admit you can be wrong too - and you don't have all the answers and you really shouldn't lay in bed awake wondering how to make us realise how foolish we are

Now a steelhead is a kind of trout and I for one am not taking unasked for lessons from those who are underwater all the time

I will only take lessons from someone who says they only know a fraction of what there is to know and who gets it wrong lots of times but on the whole comes out ahead significantly - thats not me and its not you - but for different reasons

Dude you took that post yesterday about knowing it all a bit to literally. It was a tongue and cheek comment get over it.

Do i really have to mention that I have losing trades isnt that a given?

Everyone has losing trades. Its just so stupid some of this bs you want to throw around.

Did i call longs yesterday I probably did, and they worked out.

I guess no matter what you do you will always have critics.

the famous line from bobby knight comes to mind. something about burying me upside down so my critics can --- -- ---
  • #87,043
  • Sep 10, 2008 1:22pm Sep 10, 2008 1:22pm
Quoting Infinity
I think it is very likely we will see a new low today, maybe after interest is paid..
yeah possibly...i just realise the most important chart, only i seem to not to trust myself is the 4hr chart....it touched the 4hr uptrend line and started to sink..so it certainly aint looking good for long
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  • #87,044
  • Sep 10, 2008 1:25pm Sep 10, 2008 1:25pm
Quoting allserene
Exactly -I seem to remember someone selling longs yesterday - someone with a head of steel ? Someone who knew how the banks were preparing to move ? Inside information ?

First Steelhead - you say you know better than everyone and you have special info that we don't have and you always win while we lesser mortals are struggling..poor things we are

No you are on a mission to save us from ourselves

It sounds like the second coming of christ sometimes

Now grab a little humility and admit you can be wrong too - and you don't have all the answers and you really shouldn't lay in bed awake wondering how to make us realise how foolish we are

Now a steelhead is a kind of trout and I for one am not taking unasked for lessons from those who are underwater all the time

I will only take lessons from someone who says they only know a fraction of what there is to know and who gets it wrong lots of times but on the whole comes out ahead significantly - thats not me and its not you - but for different reasons

Yes I do recall talking about longs yesterday. Not a bad trade there on the charts to the longside ah. Allserene you really need to come at me with stronger points cause these ones you are talking about are to easy to pick apart.

Is that the best you got? It takes to seconds to discredit the statement about the longs. Are there any more you would like to throw my way this is fun.


Its like stealing candy from a kid.
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  • #87,045
  • Sep 10, 2008 1:26pm Sep 10, 2008 1:26pm
Holy shit!!!... that ignore function works really well... The thread looks better already... I didn't realise that function was so efficient..

I wouldn't have known if it weren't for steelhead............thank you steelhead and welcome to my ignore list...
Patience + Discipline - Greed = Success
  • #87,046
  • Sep 10, 2008 1:26pm Sep 10, 2008 1:26pm
Quoting steelhead
whatever man. I dont need to trade barbs with you. Its a waiste of my time.

I have nothing to prove to a small time retail trader.

come on steelhead, u need to listen to what ur saying, very cringe worthy!!
Trading is 80% Emotional, 20% Technical
  • #87,047
  • Sep 10, 2008 1:27pm Sep 10, 2008 1:27pm
Quoting steelhead
Dude you took that post yesterday about knowing it all a bit to literally. It was a tongue and cheek comment get over it.

Do i really have to mention that I have losing trades isnt that a given?

Everyone has losing trades. Its just so stupid some of this bs you want to throw around.

Did i call longs yesterday I probably did, and they worked out.

I guess no matter what you do you will always have critics.

the famous line from bobby knight comes to mind. something about burying me upside down so my critics can --- -- ---


So what you did was just a bit of fun and you can't remember it anyway ?

Tell that to Nancy Grace eh...

Making calls is ok, but claiming inside bank info and putting down peope as no hopers compared to your brilliant insight, is not on old bean

Nothing to get over for me as I recognized it as twaddle on sight and sold when you said buy - thanks for a nice meal with fine wine !
  • #87,048
  • Sep 10, 2008 1:27pm Sep 10, 2008 1:27pm
Quoting steelhead
whatever man. I dont need to trade barbs with you. Its a waiste of my time.

I have nothing to prove to a small time retail trader.
If your such a big time trader what the f@ck u doing on this thread
Trading is 80% Emotional, 20% Technical
  • #87,049
  • Sep 10, 2008 1:30pm Sep 10, 2008 1:30pm
Quoting nAVIN2007
yeah possibly...i just realise the most important chart, only i seem to not to trust myself is the 4hr chart....it touched the 4hr uptrend line and started to sink..so it certainly aint looking good for long
here is an update of the 4h I posted earlier.. I went right to the 5sma and bounced...
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Patience + Discipline - Greed = Success
  • #87,050
  • Sep 10, 2008 1:30pm Sep 10, 2008 1:30pm
Quoting steelhead
Dude you took that post yesterday about knowing it all a bit to literally. It was a tongue and cheek comment get over it.

Do i really have to mention that I have losing trades isnt that a given?

Everyone has losing trades. Its just so stupid some of this bs you want to throw around.

Did i call longs yesterday I probably did, and they worked out.

I guess no matter what you do you will always have critics.

the famous line from bobby knight comes to mind. something about burying me upside down so my critics can --- -- ---
makes you sick hearing someone blow their own trumpet, shows they have zero class.... oh well the market will ultimately humble you as history shows...
Trading is 80% Emotional, 20% Technical
  • #87,051
  • Sep 10, 2008 1:30pm Sep 10, 2008 1:30pm
stealhead ..u can put a end to this very easily..just post yur trade result, this will make people believe i have to say looking at yur charts.....yur technical analysis is different to say the least....
  • #87,052
  • Sep 10, 2008 1:32pm Sep 10, 2008 1:32pm
Quoting Infinity
here is an update of the 4h I posted earlier.. I went right to the 5sma and bounced...
i will start using this ema....it certainly seems to work..thx buddy
  • #87,053
  • Sep 10, 2008 1:33pm Sep 10, 2008 1:33pm
Quoting fx local
makes you sick hearing someone blow their own trumpet, shows they have zero class.... oh well the market will ultimately humble you as history shows...
precisely...
Patience + Discipline - Greed = Success
  • #87,054
  • Sep 10, 2008 1:34pm Sep 10, 2008 1:34pm
Quoting Infinity
It is a risky trade but he knows what he is doing... I think he is looking for a retracement to the 15m 50 or 4h 5/10..

Eohater.... you got balls ...
My balls got me paid too! Just got back from lunch and profit was taken.

Now it's time to find another entry.
Just digging in the trenches like everyone else!
  • #87,055
  • Sep 10, 2008 1:36pm Sep 10, 2008 1:36pm
Quoting nAVIN2007
i will start using this ema....it certainly seems to work..thx buddy
No prob nav.. remember though it is 5 sma not ema on the 4h. I find the 5sma to be better with gu than the ema especially on the h4...

If you are going to use it, plot the 10sma as well..
Patience + Discipline - Greed = Success
  • #87,056
  • Sep 10, 2008 1:39pm Sep 10, 2008 1:39pm
Quoting eohater
My balls got me paid too! Just got back from lunch and profit was taken.

Now it's time to find another entry.
Great work bro!!! I knew you had a plan and once you put the stop in positive, it's stress free...
Patience + Discipline - Greed = Success
  • #87,057
  • Sep 10, 2008 1:40pm Sep 10, 2008 1:40pm
Quoting nAVIN2007
stealhead ..u can put a end to this very easily..just post yur trade result, this will make people believe i have to say looking at yur charts.....yur technical analysis is different to say the least....

Navin I started posting charts showing what my system is. before that called out several long positions way before the move up, but it is not good enough so now i am suppose to post my trade results? go look at the freakin history man its really not that hard.

When that is not enough what do I post next?

My charts are totally different cause i dont look at the market the same way.


Allserene you were not drinking fine wine with my money im pretty sure of that.
  • #87,058
  • Sep 10, 2008 1:41pm Sep 10, 2008 1:41pm
Quoting "expert"
No i got that but he did that because he see something in chart or just hopes to see that and plays wild card.

If he see something i was thinking to share what was it.
Sorry I didn't explain what I saw, I had to get to a business lunch. We had two 4h candles fall and the last one ended with a small wick. The time of day was another factor (lunch time in the US profit taking usually). It was fighting to go below 1.753x but was unsuccessful. The 15m chart had 5 wicks go down to the 1.754x area, 4 of which were long wicks. The last 15m candle before entry was a full candle with a little wick like the 4h candle that closed. It was a risky trade, but this business requires risk. I hope people played shorts off the 15m 50 ma. Looking at the charts now that I'm back from lunch there were some great opportunities to make money.
Just digging in the trenches like everyone else!
  • #87,059
  • Sep 10, 2008 1:42pm Sep 10, 2008 1:42pm
Quoting Infinity
Great work bro!!! I knew you had a plan and once you put the stop in positive, it's stress free...

yeah great work eohater that was the trade that infinity said was really risky lol
  • #87,060
  • Sep 10, 2008 1:42pm Sep 10, 2008 1:42pm
Quoting Infinity
Great work bro!!! I knew you had a plan and once you put the stop in positive, it's stress free...
Stress free is always better! Thanks bro!
Just digging in the trenches like everyone else!
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