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Cable Update (GBPUSD)

  • #107,441
  • Dec 17, 2008 4:00am Dec 17, 2008 4:00am
Quoting alcando


Don't be so sensitive. I took a total of over 80 on the longs from that level and then had a very successful short from a higher level. It's not a personal criticism, just a warning to newer traders..

And what is an e-thug?
an "e-thug" man =p lol ... ever seen an IBM commercial?
grats on the longs. New traders shouldnt be taking anyones trades. Let them learn the hard way.. if they are taking peoples trades and not knowing why and then lose, i bet they wont do that again.. and even if they win...they will just keep following that person and never learn.
  • #107,442
  • Dec 17, 2008 4:00am Dec 17, 2008 4:00am
Quoting Abuawad
Hi there,
i make some modification on my system, and i shear it with you here but please just monitor it its not yet confirmed.

Hi,

Against trend targets T1,T3,T2 are above S1 (and S2,S3) ???
  • #107,443
  • Dec 17, 2008 4:00am Dec 17, 2008 4:00am
huge pin formed on the 4 hour
  • #107,444
  • Dec 17, 2008 4:05am Dec 17, 2008 4:05am
No have not seen it...

I am with you. It happened this week that one of the guys almost blew his account following a call made on the forum. He learnt the very hard way. It happens and perhaps there should be a warning banner here. Please don't think I am out to criticise Sherm as I do like his trades, but I will speak out if I disagree.

Keep smiling dude.




Quoting Liquid
an "e-thug" man =p lol ... ever seen an IBM commercial?
grats on the longs. New traders shouldnt be taking anyones trades. Let them learn the hard way.. if they are taking peoples trades and not knowing why and then lose, i bet they wont do that again.. and even if they win...they will just keep following that person and never learn.
Ride the Bulls bearback!
  • #107,445
  • Dec 17, 2008 4:08am Dec 17, 2008 4:08am
Support and resistance levels GBP/USD

S3 - 1.5380
S2 - 1.5421
S1 - 1.5462
R1 - 1.5544
R2 - 1.5585
R3 - 1.5626
Probability Professor
  • #107,446
  • Dec 17, 2008 4:09am Dec 17, 2008 4:09am
Well it could happen!
  • #107,447
  • Dec 17, 2008 4:15am Dec 17, 2008 4:15am
Quoting Galation
Support and resistance levels GBP/USD

S3 - 1.5380
S2 - 1.5421
S1 - 1.5462
R1 - 1.5544
R2 - 1.5585
R3 - 1.5626
Exxxxxxelent
  • #107,448
  • Dec 17, 2008 4:18am Dec 17, 2008 4:18am
Quoting alcando
No have not seen it...

I am with you. It happened this week that one of the guys almost blew his account following a call made on the forum. He learnt the very hard way. It happens and perhaps there should be a warning banner here. Please don't think I am out to criticise Sherm as I do like his trades, but I will speak out if I disagree.

Keep smiling dude.
Alcando, I completely agree with everything you have been saying.
Shermanator has some very good trades but they shouldnt be posted without a clear stoploss and target.

It is very easy to post a trade that worked after the event. Its even easier to move an arbitrary stoploss higher to claim a trade was succesful. I'm not saying Sherm's trade wasnt successful, but it is very confusing to newbies.

I would like to see people posting trades with a stoploss and target and then coming back to claim they failed if it goes wrong. Then we wont mind if they claim the glory for getting it right.
If it's too good to be true, it probably is.
  • #107,449
  • Dec 17, 2008 4:21am Dec 17, 2008 4:21am
Testing S1 - 1.5462
Probability Professor
  • #107,450
  • Dec 17, 2008 4:22am Dec 17, 2008 4:22am
Quoting SimonK
Alcando, I completely agree with everything you have been saying.
Shermanator has some very good trades but they shouldnt be posted without a clear stoploss and target.

It is very easy to post a trade that worked after the event. Its even easier to move an arbitrary stoploss higher to claim a trade was succesful. I'm not saying Sherm's trade wasnt successful, but it is very confusing to newbies.

I would like to see people posting trades with a stoploss and target and then coming back to claim they failed if it goes wrong. Then we wont mind if...
He has a thread where he posts with stop and target... and to be honest... if you're a good trader why would you post entry, stop and limit...

"If you're good at something, never do it for free."
-The Joker
  • #107,451
  • Dec 17, 2008 4:22am Dec 17, 2008 4:22am
Quoting SimonK
Alcando, I completely agree with everything you have been saying.
Shermanator has some very good trades but they shouldnt be posted without a clear stoploss and target.

It is very easy to post a trade that worked after the event. Its even easier to move an arbitrary stoploss higher to claim a trade was succesful. I'm not saying Sherm's trade wasnt successful, but it is very confusing to newbies.

I would like to see people posting trades with a stoploss and target and then coming back to claim they failed if it goes wrong. Then we wont mind if...

I will mention my stop from now on....

go to this thread http://www.forexfactory.com/showthre...44#post2424544

I am preety much the only one posting on it...I post all my trades before I take them show the trades as I am lossing on them as well as you will see the trade I lost on frriday....you will also get to see all my trades in detail including the 2 trades I am currently losing in....hoping to win on them lol...please take a look
  • #107,452
  • Dec 17, 2008 4:24am Dec 17, 2008 4:24am
and I do believe he posted earlier that he used a big SL in the trade... he didn't say where..but it did not get hit - this i can assure you.
  • #107,453
  • Dec 17, 2008 4:24am Dec 17, 2008 4:24am
Quoting Galation
Testing S1 - 1.5462
S1 taken.targetting s2.
  • #107,454
  • Dec 17, 2008 4:29am Dec 17, 2008 4:29am
hic hic GU is on the way falling to 1.52 and it will fulfill the task in next hours.
no need much explains, just see what happens
Give me patience
  • #107,455
  • Dec 17, 2008 4:36am Dec 17, 2008 4:36am
Quoting Bullfx
hic hic GU is on the way falling to 1.52 and it will fulfill the task in next hours.
no need much explains, just see what happens

Dear Bullfx......R U Sure of that 1.52 ???....what about Euro,,,,will it go down for 1.3780 ???
  • #107,456
  • Dec 17, 2008 4:38am Dec 17, 2008 4:38am
Quoting Bullfx
hic hic GU is on the way falling to 1.52 and it will fulfill the task in next hours.
no need much explains, just see what happens
you are right many times without explainations. like if you had inside information.
  • #107,457
  • Dec 17, 2008 4:42am Dec 17, 2008 4:42am
Quoting vorschlag
you are right many times without explainations. like if you had inside information.
he has a friend in the fed... that explains it!
  • #107,458
  • Dec 17, 2008 4:51am Dec 17, 2008 4:51am
10 minutes
  • #107,459
  • Dec 17, 2008 4:54am Dec 17, 2008 4:54am
Quoting Liquid
he has a friend in the fed... that explains it!
i think its a pussy
  • #107,460
  • Dec 17, 2008 4:56am Dec 17, 2008 4:56am
Quoting vorschlag
i think its a pussy
That explains it now...
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