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Cable Update (GBPUSD)

  • #129,961
  • Apr 20, 2009 10:41am Apr 20, 2009 10:41am
Quoting EricB
Tell me about it Ub - I was away working ona different project but had sells open for ages - longer then I have ever wanted to. Its best to sit on sidelines sometimes.
hmm my sell was stuck from 2nd april and i countered one by one and like that i got 4 sell open and then i hedge my acount and it was showing me more then 2000- but slowlsy slowly when i feel market is going down and i was reading newses and everything so one day i closed all buy in 400+ and then left my account as it is and slowly slowly it went down and i closed sell one by one in 500+ profit so from this way i havent missed chance and earn while hedge and counter...still one position left but i set SL for it if market shoot up then it will hit otherwise it will close down in profit too..waiting for good time and then will go long again but this time will be for longer term

Ub
  • #129,962
  • Apr 20, 2009 10:44am Apr 20, 2009 10:44am
OK guys, can I wish that it will hit the 1.4500 area and start move up? :O)
  • #129,963
  • Apr 20, 2009 10:44am Apr 20, 2009 10:44am
Quoting ubaidahsan
hmm my sell was stuck from 2nd april and i countered one by one and like that i got 4 sell open and then i hedge my acount and it was showing me more then 2000- but slowlsy slowly when i feel market is going down and i was reading newses and everything so one day i closed all buy in 400+ and then left my account as it is and slowly slowly it went down and i closed sell one by one in 500+ profit so from this way i havent missed chance and earn while hedge and counter...still one position left but i set SL for it if market shoot up then it will hit...
Sounds like a good plan Ub!
  • #129,964
  • Apr 20, 2009 10:45am Apr 20, 2009 10:45am
Quoting EricB
Thats CRAZY! The markets ARE BASED on Technicals and have been since 18th century when japanese came up with candlestick patterns - That and fundamentals - what do you think governs markets?? What is this nonsense?
market drive indicatiors not indicators drive market lol...its all about Technical,Fundamental there is no hold on market of anyone..candlestick patterns is just an idea but no candle can confirm that it will bring it up or down hehehe if it will be like that so everyone will be trilloniar in this market...

Ub
  • #129,965
  • Apr 20, 2009 10:46am Apr 20, 2009 10:46am
You will never know the next move, all you know from school is indoctrinated in your brain to beleive in those candles or lines... OK tell me what price cable will have after exactely 20 minutes?
You don't know, even you ask the japs and light their candels
  • #129,966
  • Apr 20, 2009 10:46am Apr 20, 2009 10:46am
Quoting EricB
Sounds like a good plan Ub!
yes it was a good plan but was risky but i take risk and thanks GOD i got rewarded but i always suggest keep fresh your account it i better otherwise you can't sleep well whle your trades will stuck. you know that and understand that tensions

Ub
  • #129,967
  • Apr 20, 2009 10:51am Apr 20, 2009 10:51am
In 18th century when japanese came up with candlestick patterns there was no Illuminati to rule the jap markets, all was nice acording to their discovery and it worked for a while, but not today my friend... look at the EURUSD fall from 1.65 to 1.25 and you understand what hapens to day when USA needs something and Her Mag** e agrees....
  • #129,968
  • Apr 20, 2009 10:57am Apr 20, 2009 10:57am
Quoting Bebini
In 18th century when japanese came up with candlestick patterns there was no Illuminati to rule the jap markets, all was nice acording to their discovery and it worked for a while, but not today my friend... look at the EURUSD fall from 1.65 to 1.25 and you understand what hapens to day when USA needs something and Her Mag** e agrees....
I'm afraid I have no idea what youre talking about - I want to work for the Illuminati so I can learn how they control the markets!! - seems like were just idiots here wasting away our time in learning financial trend analysis and economic fundamentals.

My friend even if I tried to begin to explain toyou why the Euro is where it is then there would be reams and reams of analysis, news etc to back it up. The fact is that no single trader can encompass the complete knowledge to predict but we develop systems that do work for us, if not all of the time but hopefully more times then not. If we do win more then we lose we can earn a living, and that what we try and do - this is bread and butter for us, and I believe in the fundamentals and the hard work guys here put into doing technical analysis. If you look back youll see how well some of the older memebers have been in predicting movements, and how much they have done for the community. Theres no point in saying that we are just idiots following illuminati like sheep, because thats just an easy way to become a loser.
  • #129,969
  • Apr 20, 2009 11:01am Apr 20, 2009 11:01am
I'm with you here Bebini, Humans are a stupid species that believe the first thing they here without question and are pretty much incapable of changing there mind after that.

Candles, Fib's, RSI all the rest of it sadly useless!!

The problem is, your hearing it from others, but are they making money ?? even if they say YES you don't know for sure, human nature and pride makes this tricky.

I only believe in stuff with evidence to support it!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #129,970
  • Apr 20, 2009 11:02am Apr 20, 2009 11:02am
Quoting Bebini
You will never know the next move, all you know from school is indoctrinated in your brain to beleive in those candles or lines... OK tell me what price cable will have after exactely 20 minutes?
You don't know, even you ask the japs and light their candels
Need I remind you that you were playing God not too long ago?
What was that 50 - 70 pips in 30 minutes was it? Now you're asking the guy to predict the next 20 minutes move? Are you high?
You need to read again what you said about not knowing the next move and understand it yourself instead of preaching like you know what you're doing son.

What you said earlier :
http://www.forexfactory.com/showpost...stcount=129924
http://www.forexfactory.com/showpost...stcount=129925

Now, instead of talking trash. The next time you're about to call for a move, back it up with a chart.
Thank You
  • #129,971
  • Apr 20, 2009 11:03am Apr 20, 2009 11:03am
Hi ubaidahsan Thank God I see people like you that agrees with the indicators and candles, we use them to see the market, market has no time frame, we look at the chart on a TF we want to see what hapened not what will hapen. Glad you are with me... This forex is a slowly Casino.... you survive longer with the same money because the broker borows you money to invest
not to play with.... Take care!
  • #129,972
  • Apr 20, 2009 11:03am Apr 20, 2009 11:03am
I think GBPUSD will go to 1.4370 or so then might go up...
The Market pays you to be disciplined
  • #129,973
  • Apr 20, 2009 11:07am Apr 20, 2009 11:07am
Quoting Bebini
You will never know the next move, all you know from school is indoctrinated in your brain to beleive in those candles or lines... OK tell me what price cable will have after exactely 20 minutes?
You don't know, even you ask the japs and light their candels

GOOD TALK...I TRIED THE INDICATORS...NEVER WORKED...I REMOVED ALL THE INDICATORS FROM MY CHARTS...TRIED USING R AND S..IT WORKED PERFECTLY...
  • #129,974
  • Edited 11:21am Apr 20, 2009 11:10am | Edited 11:21am
Use your fibs, S&R, TL's, chart patterns, candles whatever. Just find something that works for you. I don't care about what the talking heads say (talk is cheap). Remember price is the ultimate indicator.

Just... Trade what you see NOT what you think!
It's Easy To Get In;.. It's Hard To Get Out
  • #129,975
  • Apr 20, 2009 11:11am Apr 20, 2009 11:11am
Quoting alfamichi
GOOD TALK...I TRIED THE INDICATORS...NEVER WORKED...I REMOVED ALL THE INDICATORS FROM MY CHARTS...TRIED USING R AND S..IT WORKED PERFECTLY...
Yah, better without indis. and trend lines, is just the feeling, like playing roulette and you wonder? what is next? Red, Black, 1st. 2nd. 3rd?
Here in forex is only UP or DOWN and not mny can guess it.... LOL
  • #129,976
  • Apr 20, 2009 11:14am Apr 20, 2009 11:14am
Guys , is what happening now is a creation of a new up trend or what?
Guys I see that you forgot about what's going on in market now and start to talk about if indicators work or not, lol
  • #129,977
  • Apr 20, 2009 11:16am Apr 20, 2009 11:16am
Quoting John D
Fibs, S&R, TL's, chart patterns, candles whatever. I don't care about what the talking heads say (talk is cheap). Remember price is the ultimate indicator.

Just... Trade what you see NOT what you think!
Im here to help and learn from others. I am here to share and learn what I can. This means learning from others here on their techniques whatever they may be. This what I hope and think this community is about. If you guys dont believe in any technicals/fundamentals then whats the point of being here and talking away? Talk is cheap as you say yourself. Please let the people who do hard work in doing technical/fundamental analysis and commentary get on with helping each other.
  • #129,978
  • Apr 20, 2009 11:19am Apr 20, 2009 11:19am
Guys be careful with your trades, especially today, a big move in a day, now I'm just seeing this thread spammed with lots of ideas and predictions with no data to back them. You will lose your shirt.
  • #129,979
  • Apr 20, 2009 11:22am Apr 20, 2009 11:22am
Quoting Bebini
Yah, better without indis. and trend lines, is just the feeling, like playing roulette and you wonder? what is next? Red, Black, 1st. 2nd. 3rd?
Here in forex is only UP or DOWN and not mny can guess it.... LOL

last two weeks..in this forum i said fx is a ZIGZAG thing and should be traded in a ZIGZAG way....believe it of forget it....R and S.....
  • #129,980
  • Apr 20, 2009 11:22am Apr 20, 2009 11:22am
Quoting kalparker
Guys be careful with your trades, especially today, a big move in a day, now I'm just seeing this thread spammed with lots of ideas and predictions with no data to back them. You will lose your shirt.

There is no data to back the predictions, we can tell you after has hapened.
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