Cable Update (GBPUSD) | Page 6370 | 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)

  • #127,381
  • Mar 19, 2009 8:13pm Mar 19, 2009 8:13pm
Quoting Tmac
LOL are you serious?
learn to trade
lol you think I'm kidding?
then think twice and again twice
ROBOT FOREX
  • #127,382
  • Mar 19, 2009 8:17pm Mar 19, 2009 8:17pm
I believe it depends on who you are as to what you can do in here. I have seen a couple good traders, ( Hard1head1 & Tamkras ) are a couple that come to mind, banned because they so much as hinted of a business, yet others can blatantly do it at will.

AJ

Quoting allserene
I didnt know anyone on this forum was allowed to advertise a business of any kind ?

Seems a lot of folk do

Lots of Bernie Madoffs about you know

Nizar seems to put a lot of work in with good presentation, but I didnt know he was managing for people...

I can lose money without any help
  • #127,383
  • Mar 19, 2009 8:19pm Mar 19, 2009 8:19pm
Quoting Tmac
WOW

this is one messed up story....sorry for your loss but I think this is the perfect example of why people need to learn to trade.

let me ask you some questions here


did you ask for performance records from this man before you gave him money to trade? were you sure they were live results? did he give you an investor password to be sure? if not then why not?

did you follow his trading for any length of time before investing this money? if not why not?

did you specify a % risk you were willing to take prior to him trading your money?...

Yes i asked for performance history. I was given about 3 weeks of it. If it was real .. I dunno ...i did not know u can ask for investor password . This was my first and last managed account..Yes i trade still learning let me tell you i made better calls..and if i loose a trade i sit out and take a day atleast to pull the trigger again .. cuz i know emotions get u in real bad trouble..

TMAC about the other questions...no i didnt follow him...if u visit this thread often ull know the number of ppl who respect his analysis..and so did i ...but i
never imagined this is how my account will be managed. I shot the money out the window.. that doesnt hurt..all i want is his askin min 10K and i want ppl to know i can give statements of his trading i want PPL to be aware cuz
now his stopping the analysis and saying he will on post results & if someone is interest to open with FXCM. So please do a better Homework than me...
and know the risk cuz u will be bangin ure head like me looking at him trade.If my story repeats on them.

I have serious doubts about ppl opening grand threads about trading system and advice and after 30000 post opens a website. Be aware newbies. i have been learning for a while and still fell for this ...and let me tell you i never wanted a get rich in month scheme..i know how forex works....and yes i still feel like if he had traded the account like his analysis i wouldnt be sitting with 2.6 K in my account... It was pure greed ..dunno if a fund manager and broker can scam together but sure felt like it.
  • #127,384
  • Mar 19, 2009 8:24pm Mar 19, 2009 8:24pm
Quoting Tmac
whatever fapturblow is it has to be a joke like all the other EA sounding things out there, they may work for a time but only learning to trade a manual system will insure your survival in this business....there is no other way to survive........period........ so yes what you suggested IS a joke

learn to trade
I trade more already than 2 years and with fap 3 months
I'm real (not demo) scalp master but not speaking master! so enough of your jokes
ROBOT FOREX
  • #127,385
  • Mar 19, 2009 8:30pm Mar 19, 2009 8:30pm
It just seems like he is here when his strategy is working and is away when it's not. I have found his calculations sometimes going against the grain but some people just have different ways. I don't want to bash anyone, but sometimes his calculations I could not understand.

Quoting chuckpumpkin
Yes i asked for performance history. I was given about 3 weeks of it. If it was real .. I dunno ...i did not know u can ask for investor password . This was my first and last managed account..Yes i trade still learning let me tell you i made better calls..and if i loose a trade i sit out and take a day atleast to pull the trigger again .. cuz i know emotions get u in real bad trouble..

TMAC about the other questions...no i didnt follow him...if u visit this thread often ull know the number of ppl who respect his analysis..and so did i ...but i
never...
  • #127,386
  • Mar 19, 2009 9:06pm Mar 19, 2009 9:06pm
Quoting Tmac
dude here is how to scalp, it is no joke but any EA system is a joke....last 30 days...........want more?...........wanna scalp? been scalping for almost 6 yrs MY own system not soem farturblow crap someone is selling

LEARN TO TRADE PEOPLE


Gross Profit:25 720.97Gross Loss:849.83Total Net Profit:24 871.14Profit Factor:30.27Expected Payoff:65.97 Absolute Drawdown:0.00Maximal Drawdown:372.58 (0.22%)Relative Drawdown:0.22% (372.58)...
and what happened with you system? what does mean your last 30 days?
ROBOT FOREX
  • #127,387
  • Mar 19, 2009 9:15pm Mar 19, 2009 9:15pm
I understand that you have had lossess...and it is nobodys fault but yours for investing without thinking..Abudwad has been providing beautiful analysis on this forum and I really cannot see how you can turn so fickle even the best traders get caught out....on a number of times....may be this was his bad time...dont know...

Regarding Money management....I dont know what to say but if you account had doubled you would have been over the moon..I feel for you in this instance...but rest assure hard earned money dont go no where...

Best of luck and I really hope you recover your money...
  • #127,388
  • Mar 19, 2009 9:16pm Mar 19, 2009 9:16pm
Quoting Tmac
what happened with my system is simple.........I made what everyone looks for in forex...I made my own holy grail......lots of hard work and thousands of hours on the charts, patience practice, MM and discipline pays

those are the last 30 days results
- you choose the wrong pair to scalp, I didn't say I scalp this pair
- 30 days results don't say anything you know, I can give 6 months results
ROBOT FOREX
  • #127,389
  • Mar 19, 2009 9:18pm Mar 19, 2009 9:18pm
Anyone here Trade with GU right Now?

I'm sell from 4525 but until now.. i' don't know where she go...

I can't see my chart right now.. please someone help me.. to show your chart, if you in GU too.
  • #127,390
  • Mar 19, 2009 9:25pm Mar 19, 2009 9:25pm
Quoting Tmac
bash hell

he loses 50% of someones account he deserves to be bashed and banned

sorry for the rant but this sickens me when this stuff happens........I have seen thousands over the years

good luck and happy trading
Well I for one APPRECIATE your "rant" Tmac (although I'd rather call it SOUND PRACTICAL advise) myself. Your past 30 days speak VOLUMES to anyone with sense enough to listen and SEE.

Being new to trading and a LONG way from the distinction of calling myself a trader, I look EVERYWHERE I can to learn. Even with my limited knowledge and experience I've taken a lot of what I see in here with a LARGE grain of salt.

While others in here may feel as though their feathers have been ruffled, I can't thank you enough for speaking up. I WILL learn how to be a successful trader and a large part of that is sifting through the myriad of "systems" promising the pot of gold. You've provided me yet another filter to help do just that.

Thank You!!
Ghost Rider - WWTBMD?
  • #127,391
  • Mar 19, 2009 9:26pm Mar 19, 2009 9:26pm
Here's a 15 min for you.
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 12 KB
  • #127,392
  • Mar 19, 2009 9:33pm Mar 19, 2009 9:33pm
Quote
Anyone here Trade with GU right Now?

I'm sell from 4525 but until now.. i' don't know where she go...

I can't see my chart right now.. please someone help me.. to show your chart, if you in GU too.
moving out from weekly R2 and monthly Pivot.
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 24 KB
  • #127,393
  • Mar 19, 2009 9:36pm Mar 19, 2009 9:36pm
Quoting biax
Anyone here Trade with GU right Now?

I'm sell from 4525 but until now.. i' don't know where she go...

I can't see my chart right now.. please someone help me.. to show your chart, if you in GU too.
The pair is confidently moving along the ascending trend, the target of which is at level 1.4800 in near long term direction
look at EurGBP D1 and you will see why!
ROBOT FOREX
  • #127,394
  • Mar 19, 2009 9:37pm Mar 19, 2009 9:37pm
Quoting TheDirtySerb
Here's a 15 min for you.
Quoting cesarg
moving out from weekly R2 and monthly Pivot.
Quoting Forbes55
The pair is confidently moving along the ascending trend, the target of which is at level 1.4800 in near long term direction
look at EurGBP D1 and you will see why!


thank brotha! now I'm out to week end.

happy green pips all!!
  • #127,395
  • Mar 19, 2009 9:42pm Mar 19, 2009 9:42pm
Quoting chuckpumpkin
Lesson Learned - Managed Account Abu Awaad (Please comment on this trading)

Dear FF member,...
pease accept my deep condolences.
my story :
march 2008, i started to trade with 1K account (scalping methode), had
known nothing a bout forex,
then blew my acc. in 2 days.

then i found babypips.com, then spent more than 3 months to learn.
started to trade again, blew my account again . . .

then i found FF forum, a lot of people sharing their systems, i learnt and learnt . . .
Keep in mind that technical analysis depends on fundamental . . .

just like the last 18 march!
Well technically, she would have to go down . . . but the news has a great impact!
(i should have locked it with +70 pips), but i locked it with BE . . .

man.... then i tried to short it 3 times (pending order) . . that was cost me -90 pips!

what a strange day for me . . .

now, the injured people need recovery

Happy trading all!
  • #127,396
  • Mar 19, 2009 10:09pm Mar 19, 2009 10:09pm
Quoting chuckpumpkin
Lesson Learned - Managed Account Abu Awaad (Please comment on this trading)

Dear FF member,...

thanks to make our eye be open
so will he came to here again..... ??
  • #127,397
  • Mar 19, 2009 10:38pm Mar 19, 2009 10:38pm
Testing intermedate trendline. SHort scalp.
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 26 KB
  • #127,398
  • Mar 19, 2009 10:41pm Mar 19, 2009 10:41pm
Nice Bullish Harami on the 1 Hr
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.gif Size: 27 KB
  • #127,399
  • Mar 19, 2009 11:02pm Mar 19, 2009 11:02pm
Looking to long in the 4380 area ... Target 4710
  • #127,400
  • Edited Mar 20, 2009 12:24am Mar 19, 2009 11:24pm | Edited Mar 20, 2009 12:24am
Quoting dashboard
thanks to make our eye be open
so will he came to here again..... ??
Come on, there is absolutely no reason for abu not to be here. Let's not judge him. Tmac, you have no idea who he is, do not judge him. He's one of the regulars here & many other traders here had benefitted from his trading method. There's always two sides from a story anyway. And unless Abu admits, I for one, will not judge him. Shame on you lot who are jumping to conclusions just because one fella came up to whine.
Chuck, if you really did lose your money, then that's too bad. But to your question of "can you blame me?", then the answer is yes. You mentioned about the supposedly many broken rules. Question I have for you is, why did you not trade it yourself since you're already aware of this? If you're going to answer because Abu has good TA that prompted you to go for an account manager then your claim of not trying to get rich quick as a total lie.
This is forex factory, where many traders come to learn from each other. If you thought the 5% of those people who succeeded in this business gave you a good reason to come here and get your account managed reside here then you are painfully wrong. To put the blame on someone else for your loss is downright lazy. You are already in the right place to learn, so learn. One particular trader, manize, utilizes abu awad's method quite successfully. And he manages his own account.
And word of advise, do not listen to the wild & baseless trade calls. Do not listen to the trumpet blowers & do not listen to the know it all commentary.
It's always easy to say they bought here or sold there and profitted so & so amount. And it's even easier to come up with a trade performance results ie the fxreport. Nothing photoshop can't do there to make it impressive.
If you need to improve your technicals then find threads that has traders making trade calls before the actual move had materialize. There should be good analysis to back it up. There are a few sound traders here in this forum. Find them and share your analysis with them. Good traders will always offer help.
Please do not go on & rant about your alleged loss here. Note that I said alleged because until Abu admits anything, I do not believe you. I have very little tolerance for people who points finger to another person.
Word of advise, since it's free. Take the loss like a man & learn how to trade.
Good luck.
Thank You
1,276 traders viewing now