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Cable Update (GBPUSD)

  • #116,221
  • Jan 29, 2009 10:35am Jan 29, 2009 10:35am
Im short on this nice head and shoulders pattern forming on 15 min chart
  • #116,222
  • Jan 29, 2009 10:37am Jan 29, 2009 10:37am
Quoting AmeriTrini
Steelhead explain what makes such a professional, and discouraging the new traders from trading. You are a PHUCING disgrace to this forum.......you should have put up a post about why you didn't play that move and not say 'congrats you were had'........you are the real loser here.

I agree, you used to contribute, usually in your abusive way but at least it was a contribution to the forum and was appreciated.

Now you just show up to say how you wouldnt have done something.

Contribute or go away
  • #116,223
  • Jan 29, 2009 10:37am Jan 29, 2009 10:37am
Quoting Bones
Hi Salah I'm glad to see your good

I agree with your outlook actually you've always been right about the direction of the pound if my memory serves me correctly...

thnx for remembering
im good
hows ur trading these days
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #116,224
  • Jan 29, 2009 10:38am Jan 29, 2009 10:38am
Quoting AmeriTrini
Steelhead explain what makes such a professional, and discouraging the new traders from trading. You are a PHUCING disgrace to this forum.......you should have put up a post about why you didn't play that move and not say 'congrats you were had'........you are the real loser here.
Ameri you are a cancer man always seeming to point me out of a crowd. The other thing you like to do is put words in my mouth.

Im not discouraging new traders to trade Im discouraging them from following the herd.

Why am I such a professional well cause i know how this market works.

The reason i didnt take the trade i was sleeping, see i dont need to take every little trade. I am on the euro/aussie this week.

You see folks people like Ameritrani are the folks i was talking about peanut gallary. They offer no real insight into a thread then tear down those who try and offer it. Its people like Ameritrani that drive me up a wall and take me back to my journal.

Ameritrani I have had over 150 people add me to yahoo im where i have helped them understand what is really going on in the market. What is your contribution to their learning?
  • #116,225
  • Jan 29, 2009 10:40am Jan 29, 2009 10:40am
Quoting joemiami
Im short on this nice head and shoulders pattern forming on 15 min chart
I think I see what your looking at but i dont think it is a valid H&S. Dont short here based solely upon that, is what Id say. Personally I expect this to restest the high
  • #116,226
  • Jan 29, 2009 10:41am Jan 29, 2009 10:41am
Quoting joemiami
Im short on this nice head and shoulders pattern forming on 15 min chart
I will short too but a little higher I see it 's still will go to1.4350 and then dowm
  • #116,227
  • Jan 29, 2009 10:42am Jan 29, 2009 10:42am
Quoting AmeriTrini
Steelhead explain what makes such a professional, and discouraging the new traders from trading. You are a PHUCING disgrace to this forum.......you should have put up a post about why you didn't play that move and not say 'congrats you were had'........you are the real loser here.
err... ur right he does sound kinda rude, lol but he is right whoever went long and wasnt carefull sure got played.... i see nothing wrong with that, he is just being honest about a false setup up that many traders fell for
  • #116,228
  • Jan 29, 2009 10:42am Jan 29, 2009 10:42am
Quoting PipLand
I think I see what your looking at but i dont think it is a valid H&S. Dont short here based solely upon that, is what Id say. Personally I expect this to restest the high
i agree. also, one should be looking at higher timeframes too, like 4h and daily
Twitter: @forexpokerpro
  • #116,229
  • Jan 29, 2009 10:44am Jan 29, 2009 10:44am
Quoting PipLand
I think I see what your looking at but i dont think it is a valid H&S. Dont short here based solely upon that, is what Id say. Personally I expect this to restest the high
I agreed. Mostly I would say Double Top is forming now, top level 4375+.
Europe markets will close soon, and then we will see...
  • #116,230
  • Jan 29, 2009 10:45am Jan 29, 2009 10:45am
Quoting steelhead
I knew there would be people in here saying if she breaks that area highlighted in red i will add to my longs.


Classic sucker play. I know there were plenty in here trading the break of that redline to the longside. Congrats you were had by the market makers.
Are those moving averages on your graph? I thought you didn't use any indicators?
Probability Professor
  • #116,231
  • Jan 29, 2009 10:48am Jan 29, 2009 10:48am
Quoting PipLand
I agree, you used to contribute, usually in your abusive way but at least it was a contribution to the forum and was appreciated.

Now you just show up to say how you wouldnt have done something.

Contribute or go away


I just contributed by showing you on the chart the errors of going long the break. I was talking to someone on im about it this morning and said i bet you there were folks on ff talking about longing the break of that area. sure enough there were. Instead of learning from it you all cry like little babies oh wah wah steelhead is being mean. Tough f ing luck this market is mean and it will eat your lunch if you dont understand it.

So either grow some thick skin or get out of this market. Im going back to my journal cause some in here just cant handle the truth with no sugar.


Again pipland and ameritrani have 150 people add you to yahoo im spend countless hours helping them understand the market then come in here and tell me i dont contribute until then your just not important
  • #116,232
  • Jan 29, 2009 10:50am Jan 29, 2009 10:50am
Quoting steelhead
Ameri you are a cancer man always seeming to point me out of a crowd. The other thing you like to do is put words in my mouth.

Im not discouraging new traders to trade Im discouraging them from following the herd.

Why am I such a professional well cause i know how this market works.

The reason i didnt take the trade i was sleeping, see i dont need to take every little trade. I am on the euro/aussie this week.

You see folks people like Ameritrani are the folks i was talking about peanut gallary. They offer no real insight into a thread then...
Oh he contributes he pointed that my English is bad ,didn't pay attention to my calls ,and that is rude?( English is not my native language by the way,but I speak 4 more )
  • #116,233
  • Jan 29, 2009 10:50am Jan 29, 2009 10:50am
Quoting sofia101
I will short too but a little higher I see it 's still will go to1.4350 and then dowm
Im sticking with my short...see if it falls to around 1.4247 level then close out...... before pops back up
  • #116,234
  • Jan 29, 2009 10:54am Jan 29, 2009 10:54am
Quoting joemiami
Im sticking with my short...see if it falls to around 1.4247 level then close out...... before pops back up
Good plan too
  • #116,235
  • Jan 29, 2009 10:57am Jan 29, 2009 10:57am
Quoting steelhead
Ameri you are a cancer man always seeming to point me out of a crowd. The other thing you like to do is put words in my mouth.

Im not discouraging new traders to trade Im discouraging them from following the herd.

Why am I such a professional well cause i know how this market works.

The reason i didnt take the trade i was sleeping, see i dont need to take every little trade. I am on the euro/aussie this week.

You see folks people like Ameritrani are the folks i was talking about peanut gallary. They offer no real insight into a thread then...
I personally want to thank you for your insight and reaffirming what I think
  • #116,236
  • Jan 29, 2009 10:57am Jan 29, 2009 10:57am
just closed my short... see if retraces to test hourly high

i may have closed to early... (
  • #116,237
  • Jan 29, 2009 10:58am Jan 29, 2009 10:58am
Quoting sofia101
Oh he contributes he pointed that my English is bad ,didn't pay attention to my calls ,and that is rude?( English is not my native language by the way,but I speak 4 more )
nice what other languages u speak.. me too
  • #116,238
  • Jan 29, 2009 10:59am Jan 29, 2009 10:59am
Quoting steelhead
Ameri you are a cancer man always seeming to point me out of a crowd. The other thing you like to do is put words in my mouth.

Im not discouraging new traders to trade Im discouraging them from following the herd.

Why am I such a professional well cause i know how this market works.

The reason i didnt take the trade i was sleeping, see i dont need to take every little trade. I am on the euro/aussie this week.

You see folks people like Ameritrani are the folks i was talking about peanut gallary. They offer no real insight into a thread then...
I started writing a reply but you know what, it truly is a waste of time, i just hope one day I grow up to be as important as you
  • #116,239
  • Jan 29, 2009 10:59am Jan 29, 2009 10:59am
Quoting joemiami
just closed my short... see if retraces to test hourly high
Right on the money good scalp
  • #116,240
  • Jan 29, 2009 11:01am Jan 29, 2009 11:01am
Quoting onsfx
nice what other languages u speak.. me too
Lets keep it a secret lol
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