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Cable Update (GBPUSD)

  • #112,561
  • Jan 19, 2009 8:44am Jan 19, 2009 8:44am
Quoting Professor4x
target is 1.50 no stop right now because leverage is so low dont need one. Using it as marker for stack
good luck !
  • #112,562
  • Jan 19, 2009 8:45am Jan 19, 2009 8:45am
Quoting gammase1
He'll tell you retrospectively, after he's made another 2% on a trade he never published on this forum!
YOU can watch it trade live on line. No reason to have doubt that is why its posted on line for anyone to watch. www.fxhybrid.com
  • #112,563
  • Jan 19, 2009 8:46am Jan 19, 2009 8:46am
Quoting GuateForex
This are my possible entrys for today...

Entry Orders de Compra --- Buy Entry Orders
GBPUSD
1. Buy at 1.4657 | Tp: 1.4687
2. Buy at 1.4657 | Tp: 1.4697
3. Buy at 1.4657 | Tp: 1.4707
Entry Orders de Venta --- Sell Entry Orders
GBPUSD
1. Sell at 1.4507 | Tp: 1.4477
2. Sell at 1.4507 | Tp: 1.4467
3. Sell at 1.4507 | Tp: 1.4457
Another Win....

Sell Orders
GBPUSD
1. Sell at 1.4507 | Tp: 1.4477 | TP: +30 Pips
2. Sell at 1.4507 | Tp: 1.4467 | TP: +40 Pips
3. Sell at 1.4507 | Tp: 1.4457 | TP: +50 Pips

Total: +120 Pips
  • #112,564
  • Jan 19, 2009 8:46am Jan 19, 2009 8:46am
Quoting Vourvoul
Yes, and you have just earned a place in my ignore list. Congrats.

I strongly dissagree with that, im keeping him as a Contrarian indicator
  • #112,565
  • Jan 19, 2009 8:46am Jan 19, 2009 8:46am
Quoting PipLand
good luck !
never need luck or hope always know where account is at risk for
  • #112,566
  • Jan 19, 2009 8:47am Jan 19, 2009 8:47am
so will G/U retrace or will cont to drop based on current situation?
  • #112,567
  • Jan 19, 2009 8:48am Jan 19, 2009 8:48am
lets just ignore him..many will be confused because of this..dont forget that there is lots of newbies here..n for that prof.,let us leave him wif the musketeers..they r like the leader of this thread..all of us is learning..including them..25years of trading??lol..dinasor??lol..
  • #112,568
  • Jan 19, 2009 8:50am Jan 19, 2009 8:50am
Quoting Professor4x
never need luck or hope always know where account is at risk for
Not sure you understand a scaled batch hedge can Never lose. It's mathematically impossible when your avgering your market price within 15 pips of last entry waiting on 20 pip retracement to show 5 pip profit on entire batch everytime. So its' not a matter of if profitable but when is pair going to retrace 20 pips. This can only be done with automated trading because of speed of market and variation between entires but it's works everytime.
  • #112,569
  • Jan 19, 2009 8:52am Jan 19, 2009 8:52am
Quoting Professor4x
Not sure you understand a scaled batch hedge can Never lose. It's mathematically impossible when your avgering your market price within 15 pips of last entry waiting on 20 pip retracement to show 5 pip profit on entire batch everytime. So its' not a matter of if profitable but when is pair going to retrace 20 pips. This can only be done with automated trading because of speed of market and variation between entires but it's works everytime.
Correct me, if am wrong, but the “scaled batch hedge” remind me the roulette tactics in casino, when you double every next bet. Am I right?
  • #112,570
  • Jan 19, 2009 8:52am Jan 19, 2009 8:52am
Trading just takes risk in pricing and executing trades, and hedges and manages the resulting risk positions. Nothing will work on a direct side everytime and its' the rate along with leverage factor that determine the greatest traders
  • #112,571
  • Jan 19, 2009 8:54am Jan 19, 2009 8:54am
Quoting Komissar
Correct me, if am wrong, but the “scaled batch hedge” remind me the roulette tactics in casino, when you double every next bet. Am I right?
Yes, similiar why do you thing they have limits on all bets at casino's. They know evenutually you have to win and they lose
  • #112,572
  • Jan 19, 2009 8:54am Jan 19, 2009 8:54am
Quoting Komissar
Correct me, if am wrong, but the “scaled batch hedge” remind me the roulette tactics in casino, when you double every next bet. Am I right?
Well said.

It's impossible to have a system that never loses, as claimed by the Prof. You will end up winning 19 times out of 20, but on the 20th occasion you will literally lose your shirt.

If that was the case, then why did he bother with the 2 losing trades from the past two trading days.
  • #112,573
  • Jan 19, 2009 8:55am Jan 19, 2009 8:55am
Quoting Professor4x
Yes, similiar why do you thing they have limits on all bets at casino's. They know evenutually you have to win and they lose
OK, I'm gona watch your system on the link you provided, sounds interesting.
  • #112,574
  • Jan 19, 2009 8:56am Jan 19, 2009 8:56am
Quoting Vourvoul
Yes, and you have just earned a place in my ignore list. Congrats.
uuuu . . you're so mean . . .
patience, sir
  • #112,575
  • Jan 19, 2009 8:57am Jan 19, 2009 8:57am
just trying to help with trading pyscology, tech analysis, and pass the baton. Will not be here everyday but there is alot of forex newbie's looking for knowledge and just feel like giving some back. Can easily slow down or stop no biggie here.
  • #112,576
  • Jan 19, 2009 8:58am Jan 19, 2009 8:58am
Quoting Professor4x
Not sure you understand a scaled batch hedge can Never lose. It's mathematically impossible when your avgering your market price within 15 pips of last entry waiting on 20 pip retracement to show 5 pip profit on entire batch everytime. So its' not a matter of if profitable but when is pair going to retrace 20 pips. This can only be done with automated trading because of speed of market and variation between entires but it's works everytime.
You can gaurantee I dont understand a scaled batched hedge, in fact your prob the only person that does understand it and your also prob the only person with a system that can never lose, so if i was you Id keep it quiet and keep raking in the millions everyday, and congrats you are the first person on my ignore list so at least you won something today eh
  • #112,577
  • Jan 19, 2009 8:59am Jan 19, 2009 8:59am
Quoting gammase1
Well said.

It's impossible to have a system that never loses, as claimed by the Prof. You will end up winning 19 times out of 20, but on the 20th occasion you will literally lose your shirt.

If that was the case, then why did he bother with the 2 losing trades from the past two trading days.
that was just one side of market not batching scale. Without scaling the trade always has greater risk
  • #112,578
  • Jan 19, 2009 9:01am Jan 19, 2009 9:01am
Quoting Professor4x
that was just one side of market not batching scale. Without scaling the trade always has greater risk
Then why bother with trades that hold a greater risk when you can purely trade using a system where it is impossible to lose? Why trade outside of this "unbeatable" system is my question?
  • #112,579
  • Jan 19, 2009 9:02am Jan 19, 2009 9:02am
Quoting dRunKen aRmy
lets just ignore him..many will be confused because of this..dont forget that there is lots of newbies here..n for that prof.,let us leave him wif the musketeers..they r like the leader of this thread..all of us is learning..including them..25years of trading??lol..dinasor??lol..
If you are talking about me and EO.... neither of us ever came here claiming to be professors or masters...
Learn to trade yourself and you won't have a problem....
Patience + Discipline - Greed = Success
  • #112,580
  • Jan 19, 2009 9:03am Jan 19, 2009 9:03am
Quoting gammase1
Then why bother with trades that hold a greater risk when you can purely trade using a system where it is impossible to lose? Why trade outside of this "unbeatable" system is my question?
Just for interest, My big money and managed money is on system 24/6 and just throw own trades for fun
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