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Cable Update (GBPUSD)

  • #127,461
  • Mar 20, 2009 6:42am Mar 20, 2009 6:42am
Quoting Tmac
can he trade? no proof he can from a LIVE account and THAT is all that matters
Nailed it there. No proof. You are making assumptions that he can't just as much as the most of us assume he can. Okay? So you want to get off his case. THAT my friend is all that matters.
Thank You
  • #127,462
  • Mar 20, 2009 6:45am Mar 20, 2009 6:45am
Quoting Tmac
can he trade? no proof he can from a LIVE account and THAT is all that matters
I can't believe that someone was naive enough to let some random of a forum to trade their money for them... I guess some people have to learn the hard way.

I was reading over his strategy... it's rediculous,

I mean trading with no SL is like driving with no seatbelt.
  • #127,463
  • Mar 20, 2009 6:48am Mar 20, 2009 6:48am
What is needed is a GOOD string that has the main analysis by those who consecutively SHARE and help others. There are some on this forum that love to brag how good they do, and when asked for assistance can only say 'do it yourself' and then 'look how i helped'. HOGWASH to them. those who are new on this forum, watch and beware. look to those who BACKUP their words with charts, analysis, etc. the others... ignore the ignoramasses.
there are a few here that have been real willing to help. all i can say is thanks as they have helped me in learning to trade into the profit zone.

still much to learn, and i look forward to those who analyze and assist. to those who don't... pzzzztttttt

Question: did Abu solicit the funds in question, or did some newby wanting to get rich quick and wanting someone else to do it for him chase him? figure it out then u know who is to blame for the loss. this trading is a JOB and should be approached as same. a good paying job IF u know your tools. ain't a game.

back to trading....
Durn the torpedos, full speed ahead
  • #127,464
  • Mar 20, 2009 6:49am Mar 20, 2009 6:49am
Quoting PLooB
I can't believe that someone was naive enough to let some random off a forum trade their money for them
This. I mean, seriously.
  • #127,465
  • Mar 20, 2009 6:55am Mar 20, 2009 6:55am
Quoting wormboy
Nailed it there. No proof. You are making assumptions that he can't just as much as the most of us assume he can. Okay? So you want to get off his case. THAT my friend is all that matters.
no assumption made on my part, the account he traded shows a loss of $1400 in a 48 hr time period from 3 trades only. NO SL and apparently no MM used in these trades so that is the proof here and it was live.

okay?

ya'l have at it now.........this is not the first time for him but you didnt know that either did you
Don't chase the market, Let the market come to you
  • #127,466
  • Mar 20, 2009 7:01am Mar 20, 2009 7:01am
Quoting PLooB
I can't believe that someone was naive enough to let some random of a forum to trade their money for them... I guess some people have to learn the hard way.

I was reading over his strategy... it's rediculous,

I mean trading with no SL is like driving with no seatbelt.
so u must wake up
there's a lot of much kind n that's not the same
if all the same, sure much man seem like yours... OMG, i don'rt want to see all human are same
  • #127,467
  • Mar 20, 2009 7:01am Mar 20, 2009 7:01am
It seems like we have gone quite far off topic on here. For those who are intersted I have posted some new analysis on my thread if anybody is interested in taking a look:

http://www.forexfactory.com/showthread.php?t=144401

FR
"The trend is your friend, until the end."
  • #127,468
  • Mar 20, 2009 7:10am Mar 20, 2009 7:10am
Quoting Tmac
no assumption made on my part, the account he traded shows a loss of $1400 in a 48 hr time period from 3 trades only. NO SL and apparently no MM used in these trades so that is the proof here and it was live.

okay?

ya'l have at it now.........this is not the first time for him but you didnt know that either did you
So where is the proof?
And maybe we didn't know that he's done this before (assuming), did you know? If you did, why not sound a warning against his supposedly poor money management? He has his own trade journal & blog. He isn't exactly new here. Surely you could've done your part then yea? Why slate him now?
Thank You
  • #127,469
  • Mar 20, 2009 7:13am Mar 20, 2009 7:13am
Quoting ForexRookie
It seems like we have gone quite far off topic on here. For those who are intersted I have posted some new analysis on my thread if anybody is interested in taking a look:

http://www.forexfactory.com/showthread.php?t=144401

FR
I apologise for getting out of line. Good luck on your trades
See you guys later. Ta
Thank You
  • #127,470
  • Mar 20, 2009 7:27am Mar 20, 2009 7:27am
Just a head's up,
for what it's worth,

Jeff !
I will work to Objectively Identify my Edges
  • #127,471
  • Mar 20, 2009 7:30am Mar 20, 2009 7:30am
Quoting ForexRookie
It seems like we have gone quite far off topic on here. For those who are intersted I have posted some new analysis on my thread if anybody is interested in taking a look:

http://www.forexfactory.com/showthread.php?t=144401

FR
Forex Rookie's Trading Journal
Based on the closing of the Friday Candlestick, here are the following daily pivot points:

Resistance - 1.5303
Daily Pivot Point - 1.5209
Support - 1.5066
GBP/USD

Short @ 1.51002

Stop Loss @ 1.51402
Take Profit @ 1.49802

Profit/Loss = +120 pips

what kind trading sytem is that? not meke me clear
  • #127,472
  • Mar 20, 2009 7:32am Mar 20, 2009 7:32am
Quoting TerpFan2
Just a head's up,
for what it's worth,

Jeff !

It has 1.4480 as the neckline.

Interesting to see if it materializes or is just a head fake.
  • #127,473
  • Mar 20, 2009 7:38am Mar 20, 2009 7:38am
Here is the chart:


Attached Image (click to enlarge)
Click to Enlarge Name: GU H&S.png Size: 17 KB


Working on the Neck Line now.
  • #127,474
  • Mar 20, 2009 7:53am Mar 20, 2009 7:53am
Ok Tmac,

"Show me the money" as your state saying.

You come in here critcize other people on this board but show no contribution for the newbies and the board..Maybe you can help some lost traders in here how to trade...It may help you gain some respect...




Quoting Tmac
There have been many many traders that have come and gone over the years in various forums

many came and could analysis the market like no-one else BUT could NOT TRADE

some could trade but analysis was beyond them.

some came in and said they could trade but it was all demo trading......NOT THE SAME AS LIVE

anyone can trade demo with profit

where does this ABU fit in, dont matter, he lost another mans money with foolish mistakes a rookie would have made and from the sounds of it he is not use to live trading..........emotions...
[
  • #127,475
  • Mar 20, 2009 7:57am Mar 20, 2009 7:57am
OK THATS IT...
if you are a kid can't effort losing money in this market simply leave it.
i post here that my shorts are gone before you post anything.

again if you are still crying about that amount give me your acc#.


another thing.
thanks for all the people here without listing any names whom are supporting me
  • #127,476
  • Mar 20, 2009 8:06am Mar 20, 2009 8:06am
Hi Abu,

I have observed your analysis in the past, and I think you are true trader..The people on this board that are critcizing your performances are nothing but bashers who are jealous they can't contribute to this forum..

Keep up the good work..

I've personally stopped posting because I am happy making my own contribution to my account..

You win some and lose some trades it all part of trading..





Quoting Abuawad
OK THATS IT...
if you are a kid can't effort losing money in this market simply leave it.
i post here that my shorts are gone before you post anything.

again if you are still crying about that amount give me your acc#.


another thing.
thanks for all the people here without listing any names whom are supporting me
[
  • #127,477
  • Mar 20, 2009 8:08am Mar 20, 2009 8:08am
Quoting rgitt05
Hi Abu,

I have observed your analysis in the past, and I think you are true trader..The people on this board that are critcizing your performances are nothing but bashers who are jealous they can't contribute to this forum..

Keep up the good work..

I've personally stopped posting because I am happy making my own contribution to my account..

You win some and lose some trades it all part of trading..

Thats a comment from an expert i respect.
thanks
  • #127,478
  • Mar 20, 2009 8:11am Mar 20, 2009 8:11am
Quoting rgitt05
Ok Tmac,

"Show me the money" as your state saying.

You come in here critcize other people on this board but show no contribution for the newbies and the board..Maybe you can help some lost traders in here how to trade...It may help you gain some respect...

I have nothing to prove to you or anyone

this thread and the EU thread have gone through so many traders because most but not all of those that come here wanna be right not taught, the rest beg but do not put in the time and then there is the occasional trader that knows what he is doing and he tries to help but eventually he leaves for the same reasons the others before him left........

This is a business that requires Time... lots and lots of time and then more time after that.

I give back what I have learned ten fold but not in a public forum where the wannabes come to be right and EGOS and male testosterone are the main ingrediant.........

put in the time to learn to trade, learn a system and stop begging, you are only a newbie because you have not put in the time.........this place is not going to teach you much except many different approaches that mostly fail.

truth sucks dont it

find a mentor and learn to trade yourself

put in the time and the massive hours...not in a public forum but into the charts and the books by the masters who have been there and have shared the wisdom through books.....

this is not a game nor a joke, it s a serious business that steals more peoples money than any thief will ever do.

I have put in my time and the hours and learned charts and analysis and patterns and EW and candlesticksand TL's

this is my business and I do well because of the time

that is why it pisses me off to see people ripped off by others, it is not new

he is not the first and will not be the last and most of them come from public forums, both the thief and the victim.

learn to trade and stop begging and whining
Don't chase the market, Let the market come to you
  • #127,479
  • Mar 20, 2009 8:12am Mar 20, 2009 8:12am
Welcome back Abu
Thank You
  • #127,480
  • Mar 20, 2009 8:14am Mar 20, 2009 8:14am
Good morning all. I have been reading this thread for a while. Pretty new to forex, but not to trading.
Thanks to all that contribute here, but for all the newbies here like me. Be careful.

And remember, it is illegal to manage an account without a license to do so, so if you contemplate giving someone your funds, ask to see that license first.

It's Friday, so I made my trades for the morning and am out for the rest of the day (I have learned that much so far!)

Have a great trading day, and many pips to all.


Kim
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