Cable Update (GBPUSD) | Page 5599 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #111,961
  • Jan 15, 2009 2:48pm Jan 15, 2009 2:48pm
Quoting trader2160
Do you know where this comes from and why Al said what he did?
Just digging in the trenches like everyone else!
  • #111,962
  • Jan 15, 2009 2:48pm Jan 15, 2009 2:48pm
[quote=gammase1;2472165]No market can be beaten mathematically, my
How much clearer can i be. You can watch it work and everyday it goes up in value. There is 4 systems, 6 pairs, and 9 charts being used so not every trade will be a winner because we have alogorythms with defined risk/reward rations trading that are only hitting 69% of trades. We do this so no one can figure out our system and show inaccuracies. But you can view this for free and watch it happen for yourself. That is easiest way to prove to you it works and why we post it on line for anyone to view. Don't need to chat you just need to download and watch it trigger than try and call me a con artist. That is fair and make perfect business sense for guy like you.
  • #111,963
  • Jan 15, 2009 2:53pm Jan 15, 2009 2:53pm
Quoting allserene
In the last week this thread had become infested with con men and tricksters trying to sell their 99.9% sytems

They are all retired rich and doing this out of charity for us poor souls (for a price) - instead of sending their money to Africa like bill gates

It's either that or Nigerian 419 artists sending me pm's and inviting me to Lagos

I wouldn't normally mind, but there are a lot of newbies on here who are losing jobs and houses and need money desparately and could get suckered in to spend their severance money

ok newbies listen to me...
what about the ones pretending to be hot chicks(apologies to the real ladies)
  • #111,964
  • Jan 15, 2009 2:54pm Jan 15, 2009 2:54pm
Quoting Professor4x
Sorry if you don't get it but every market can be beaten mathematically and forex is best because of execution and liquidity. Need to take an advanced trigonmentry class than you may see the picture. Everything and Anything i say can be proven with verifiable track records and facts on paper you don't have to be rocket scientist to figure this out just need the right formula. In fact the scaled batch is basic math not even advanced but apparently you didnt understand it. It's easy to see and prove so please stop discrediting yourself and show how...
I know more about trigonometry than roy rogers and its useful for measuring the height of trees
Now that you have made your pile and can reliably make 10k while you are away from the screen having a wee-wee, why did you chose forex punters to be the recipient of your time rather than the poor ?
Since the 1960's I was attracted to International Finance where I made my career because I could hang onto the certainty that 2+2 makes 4 and I could relax knowing that law can't be broken. You guys with your 'new math' are no different to the three sea shells artists in every tourist spot

Even Alpesh Patel makes all his money from books and courses for the hopeful rather than actual trading

ps you are right i dont understand it - you would be out of business if people could - I am sure its the forex version of a chain letter with the hit at the end as it collapses
  • #111,965
  • Jan 15, 2009 2:55pm Jan 15, 2009 2:55pm
Quoting eohater
Do you know where this comes from and why Al said what he did?
The $16000 while sitting and typing.
  • #111,966
  • Jan 15, 2009 2:57pm Jan 15, 2009 2:57pm
plus I liked the bit where his shot at immortality was ruined Bcause AL didnt like it
  • #111,967
  • Jan 15, 2009 2:57pm Jan 15, 2009 2:57pm
Quoting allserene
I know more about trigonometry than roy rogers and its useful for measuring the height of trees
Now that you have made your pile and can reliably make 10k while you are away from the screen having a wee-wee, why did you chose forex punters to be the recipient of your time rather than the poor ?
Since the 1960's I was attracted to International Finance where I made my career because I could hang onto the certainty that 2+2 makes 4 and I could relax knowing that law can't be broken. You guys with your 'new math' are no different to the three sea...
Good point about book writers i know three guys whom have written forex books and can't trade. They can tell anyone theory but when it comes to application they dont have a pray. There are alot of companies praying on the vulernable becasue of economic climate and basically selling into ego's. My belief is that Traders cannot be breed and must be born.
  • #111,968
  • Jan 15, 2009 3:00pm Jan 15, 2009 3:00pm
Quoting trader2160
what about the ones pretending to be hot chicks(apologies to the real ladies)
You mean they aren't ? I was starting to feel all protective and cuddly and all

Oh no, not a big smelly geezer with hair in his ears ! yuk - yuk - I could have send her a kiss too ! yuk yuk

jeez this thread is dangerous
  • #111,969
  • Jan 15, 2009 3:02pm Jan 15, 2009 3:02pm
Never came into these before because never had time and was trading. But it's like a trading room for traders or wannabe traders to come and have comradery. If you guys didn't have this outlet most like would go insane because forex is a life style far different than most. You guys are funny and have fun so it's all good and when i am around if i can help with trading tips or advice for free it will fill my time. But i dont plan on being here often have other projects want to explore but it's good fun and thanks for chat.
  • #111,970
  • Jan 15, 2009 3:03pm Jan 15, 2009 3:03pm
[quote=Professor4x;2472181]
Quoting gammase1
No market can be beaten mathematically, my
How much clearer can i be. You can watch it work and everyday it goes up in value. There is 4 systems, 6 pairs, and 9 charts being used so not every trade will be a winner because we have alogorythms with defined risk/reward rations trading that are only hitting 69% of trades. We do this so no one can figure out our system and show inaccuracies. But you can view this for free and watch it happen for yourself. That is easiest way to prove to you it works and why we post it on line...
I never called you a con artist, merely accused you of making a very naive claim in saying that all markets can be beaten mathematically, which impies you have trading algorithms that will always come out on top.

Have a read of the attached book, a good read btw, which will explain why no system is bullet-proof, no matter how good the math behind it.

http://www.amazon.co.uk/Black-Swan-I.../dp/0713999950
  • #111,971
  • Jan 15, 2009 3:06pm Jan 15, 2009 3:06pm
Quoting Professor4x
Good point about book writers i know three guys whom have written forex books and can't trade. They can tell anyone theory but when it comes to application they dont have a pray. There are alot of companies praying on the vulernable becasue of economic climate and basically selling into ego's. My belief is that Traders cannot be breed and must be born.
Give you that one Proff - every word is true

and a healthy dose of cynicism is a pre -requisite

Which means that anyone buying a system on the hope that .... can never be a success as they are not equipped with even basic cynicism

I think the hard slog is the way to go, and if you have to end up hawking your system round chat rooms, then it's a failure by definition
  • #111,972
  • Jan 15, 2009 3:06pm Jan 15, 2009 3:06pm
Quoting allserene
You mean they aren't ? I was starting to feel all protective and cuddly and all

Oh no, not a big smelly geezer with hair in his ears ! yuk - yuk - I could have send her a kiss too ! yuk yuk

jeez this thread is dangerous
I dont know about the other girls but did you noticed the buxom gal representing forextrading something or the other?
  • #111,973
  • Jan 15, 2009 3:07pm Jan 15, 2009 3:07pm
[quote=gammase1;2472209]
Quoting Professor4x

I never called you a con artist, merely accused you of making a very naive claim in saying that all markets can be beaten mathematically, which impies you have trading algorithms that will always come out on top.

Have a read of the attached book, a good read btw, which will explain why no system is bullet-proof, no matter how good the math behind it.

http://www.amazon.co.uk/Black-Swan-I.../dp/0713999950...
You can watch it trade nothing else matters because seeing is believeing. No worries you can relax
  • #111,974
  • Jan 15, 2009 3:08pm Jan 15, 2009 3:08pm
Quoting trader2160
what about the ones pretending to be hot chicks(apologies to the real ladies)
they might be selling their a$$
  • #111,975
  • Jan 15, 2009 3:10pm Jan 15, 2009 3:10pm
Quoting allserene
Give you that one Proff - every word is true

and a healthy dose of cynicism is a pre -requisite

Which means that anyone buying a system on the hope that .... can never be a success as they are not equipped with even basic cynicism

I think the hard slog is the way to go, and if you have to end up hawking your system round chat rooms, then it's a failure by definition
If i have to rely on chat rooms than it's a failue. Totally agree. But it is worth watching for trade alerts or trade ideas since it free and it helps. That is why i like it because no one trader can watch all pairs and it throws 6 pairs when triggers and brings my attention to chart. That is why i love hybriding.
  • #111,976
  • Jan 15, 2009 3:13pm Jan 15, 2009 3:13pm
Quoting Professor4x
If i have to rely on chat rooms than it's a failue. Totally agree. But it is worth watching for trade alerts or trade ideas since it free and it helps. That is why i like it because no one trader can watch all pairs and it throws 6 pairs when triggers and brings my attention to chart. That is why i love hybriding.
My friend I just read your introduction and I must take issue with what you say
  • #111,977
  • Jan 15, 2009 3:16pm Jan 15, 2009 3:16pm

  1. Overuse of leverage:
  2. Lack of trading plan:
  3. Lack of money management:
  4. Failure to use a stop:
  5. Accept a losing trade:
  6. Hope: Lack of proper discipline is hope.
  7. Capital preservation:
  8. Taking quick profits and letting losses run
  9. Overstaying your position:
  10. Over confidence
  11. Over trading your account
  12. Changing your plan during trade
  13. Trading for excitement, not profit (lack of patience):
  14. Chasing the Market
  15. Fighting the Market

tHAT MAY HELP NEWBIES'

  • #111,978
  • Jan 15, 2009 3:18pm Jan 15, 2009 3:18pm
Quoting Professor4x
If i have to rely on chat rooms than it's a failue. Totally agree. But it is worth watching for trade alerts or trade ideas since it free and it helps. That is why i like it because no one trader can watch all pairs and it throws 6 pairs when triggers and brings my attention to chart. That is why i love hybriding.
I might not be the most experienced trader here but I cant believe you wrote that the forex market is immune to market crashes.Heck just look at the difference between 07 and 08.The forex market has been effected,spreads have widened out,liquidity is razor thin.This is not the market to entice newbies into.Have you really been trading for seven years?
  • #111,979
  • Jan 15, 2009 3:20pm Jan 15, 2009 3:20pm
Quoting trader2160
My friend I just read your introduction and I must take issue with what you say
by the way i still trade everyday. That is another reason why i like hybriding becasue when i want to take a break the system still works my money. What is your issue i am all ears
  • #111,980
  • Jan 15, 2009 3:23pm Jan 15, 2009 3:23pm
Quoting trader2160
I might not be the most experienced trader here but I cant believe you wrote that the forex market is immune to market crashes.Heck just look at the difference between 07 and 08.The forex market has been effected,spreads have widened out,liquidity is razor thin.This is not the market to entice newbies into.Have you really been trading for seven years?
Agreed with you on most but my platform has been very consistent. There are times it gets crazy and i stand aside but for most part the system triggers have been executed with accuracy that is what matters most.
What i meant by immuned is that forex is not a direct investment vehicle and we make money regardless of direction or economic climate. With low leverage you can dance all day and night with good results.

With many traditional investments, only a bullish position can be taken (i.e., by buying a stock when thinking its value is going to increase). Structured products enable investors to take any position they want: bullish, bearish or flat. Moreover, investors do not have to limit their view on the performance of an asset. They can also express views on its volatility or on its correlation with other assets plus technical indicators.
The "exotic" element can derive from an unusual payout or new underlying asset, or a combination of both. Innovations in creating new products to meet client's needs, takes risk in pricing and executing trades, and hedges and manages the resulting risk positions
311 traders viewing now