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Cable Update (GBPUSD)

  • #157,741
  • Aug 13, 2009 10:12am Aug 13, 2009 10:12am
Quoting BobHall
I hope you blow out your account if you think it's gonna go that low.
Azim the click list is growing very quickly isnt it.....Might have to get a new button ...lol
Let Price determine your future!
  • #157,742
  • Aug 13, 2009 10:13am Aug 13, 2009 10:13am
Quoting malcolmb14
what price you got gj ?

that was retracement with sellers hitting her 158,.80

gj is not one to be messed with on a 1 min chart
I'm scalping using only S/R line only.
If you resist at heart attack, you will be rich from trading.
  • #157,743
  • Aug 13, 2009 10:14am Aug 13, 2009 10:14am
Quoting BobHall
I hope you blow out your account if you think it's gonna go that low.
Be nice BOB, the loss of funds is punishment enough if people get it wrong
  • #157,744
  • Aug 13, 2009 10:17am Aug 13, 2009 10:17am
DOW is not convincing - I have a small short on it

it's up 9 now and spluttering

What will it do to cable if it sinks some ? - no eye deer

http://bp0.blogger.com/_t5d6ARpRWP4/...o+eye+deer.bmp
  • #157,745
  • Aug 13, 2009 10:27am Aug 13, 2009 10:27am
Quoting BobHall
I hope you blow out your account if you think it's gonna go that low.

Now I don't post here much, because I don't think of myself as much of a good trader. I've been reading the forum since the beginning of the year and its helped out my trading a lot, but I really noticed a sense of hostility here in the past month or two! Whatever happened to traders helping traders??? Talking like this isn't helping anybody. Lets keep it trading focused, and light hearted (because we all love beer!) and help each other make some pips!

(sorry BobHall to single you out. There's been a lot of nasty posting lately, so I had to quote someone to get my point across )
  • #157,746
  • Aug 13, 2009 10:28am Aug 13, 2009 10:28am
1.6665 - 15 pips to my yesterday target.... sometimes i'm wrong , sometimes i'm right....
  • #157,747
  • Aug 13, 2009 10:30am Aug 13, 2009 10:30am
Quoting allserene
Be nice BOB, the loss of funds is punishment enough if people get it wrong
This guy man. What's wrong with him
  • #157,748
  • Aug 13, 2009 10:33am Aug 13, 2009 10:33am
Daaang, the 100 sma on 5m is supporting e/u, which is supporting g/u. If e/u breaks it then it'll go down some
  • #157,749
  • Aug 13, 2009 10:37am Aug 13, 2009 10:37am
Quoting fxtradermmra
Now I don't post here much, because I don't think of myself as much of a good trader. I've been reading the forum since the beginning of the year and its helped out my trading a lot, but I really noticed a sense of hostility here in the past month or two! Whatever happened to traders helping traders??? Talking like this isn't helping anybody. Lets keep it trading focused, and light hearted (because we all love beer!) and help each other make some pips!

(sorry BobHall to single you out. There's been a lot of nasty posting lately, so I had to quote...
Seconded. the nice thing about forex is that differences of opinion as to direction get settled by the market which allocates immediate fines and bonuses

Also I am not too happy about these secret ignore lists that groups of members are having fun with. It smacks of 13 year old girls in the schoolyard singling out victims to be secretly 'shunned'. Even worse, I might be on it !

So let's have fun and try make some dosh and we will be rewarded/punished in a 100% appropriate way by the market without any human intervention required

After 5 years of this stuff, I would never say someone was wrong as I might be proved wrong a few seconds later. Look at the chart at the time of the Madrid bombing - any longs were smashed to pieces - that's unpredictable and I always remember it when i dont have an s/l in place
  • #157,750
  • Aug 13, 2009 10:49am Aug 13, 2009 10:49am
Quoting allserene
Seconded. the nice thing about forex is that differences of opinion as to direction get settled by the market which allocates immediate fines and bonuses

Also I am not too happy about these secret ignore lists that groups of members are having fun with. It smacks of 13 year old girls in the schoolyard singling out victims to be secretly 'shunned'. Even worse, I might be on it !

So let's have fun and try make some dosh and we will be rewarded/punished in a 100% appropriate way by the market without any human intervention required

After 5 years...
Right on dude, there's no wright or wrong in this business as long as you make bucks, some trade longer and some shorter timeframes. Just cant stand nasty people.
  • #157,751
  • Aug 13, 2009 10:50am Aug 13, 2009 10:50am
Quoting allserene
Seconded. the nice thing about forex is that differences of opinion as to direction get settled by the market which allocates immediate fines and bonuses

Also I am not too happy about these secret ignore lists that groups of members are having fun with. It smacks of 13 year old girls in the schoolyard singling out victims to be secretly 'shunned'. Even worse, I might be on it !

So let's have fun and try make some dosh and we will be rewarded/punished in a 100% appropriate way by the market without any human intervention required

After 5 years...

Well said.

The best thing in this forum is having fun and making pips as one said it before in a post. We are not at school. If all we succeed, there is no teacher to control that answers are the same for all. If the direction given by a member is right and confirmed, all of us can add money to his account without loosing for whom gave this advice. I'm sad when i heard that one hope to other bad things for his account.
If you resist at heart attack, you will be rich from trading.
  • #157,752
  • Aug 13, 2009 10:51am Aug 13, 2009 10:51am
why is everyone here so bearish on G/U? Beginning of month and end of last month i was bearish, but with fed statement saying that beginning aug 16th we will stop buying up so much of our own treasuries, makes me wonder what will hold dollar up. We have been buying our own trashy t-bills for so long, when all that $ stops flooding market, i think dollar will drop. retail sales number worse, claims came in worse. i dont know maybe im wrong, but i think G/U will be back above 1.70 shortly. anyone agree?
  • #157,753
  • Aug 13, 2009 10:57am Aug 13, 2009 10:57am
i dont know if any of you on here trade commodity options, i do it for part of my living and there is a pretty good straddle available for DEC Eurodollar. I went long and short even number of calls and puts at 99.25 with a lot of my clients. EX: buy 10 calls at 99.25 and 10 puts at 99.25. It has moved about 400 points north in last year. all you need to make 25-50% return is about 50 point move in either direction, its already gone about 15 points since i bought them all about 10 days ago. i think its a good low risk strategy for commodities, especially in this market, it wont matter where it goes and general market volatility/movement will make you profit. the only way you will lose is if it stays flat, probably no chance of that in nexty 5 months, options expire 12/14/09. good luck if any of you do it.
  • #157,754
  • Aug 13, 2009 11:15am Aug 13, 2009 11:15am
Nice going


Quoting BobHall
Why should I be nice?

Why is it that ONLY NEWBIES can talk on this forum?

When someone of my caliber comes in and helps people, or when I say I made this much, or that much, or I have this much experience, I'm pushed to one side that I'm talking nothing but crap?

What is it with these people on this forum, low minded or what, I've never seen so much naivety anywhere. They think they're above the rest.

Shit, I came here to do stuff in my spare time, to help others, not to be insulted.

if ppl think I'm full of it, then eat these apples.
  • #157,755
  • Aug 13, 2009 11:15am Aug 13, 2009 11:15am
Quoting BobHall
LOL, what ever.

I'm not a newbie like a lot of you on this forum. like BB, WB, Malcom, who thinks he's in the middle and knows more about forex than anyone else, and no one can do any better than him, talk about naive.

If you think GU is gonna come down to 1.61 by 19th aug, then you better start mortgaging your house, remind me what street you're living on when the bank take the house from you, I'll throw you a buck so you can get a cuppa coffee and ponder on why you were so stupid.
You might be totally right Bob, but isn't it sufficient satisfaction to see them lose their house and family and go hungry etc without pouring scorn and derision on them as well ? As has been said, you are not the only one who gets a bit like this from time to time, so it's more of a general comment... I am sure you have more skill than me, but a lucky amateur comes off better than an unlucky pro and luck tends to stick to people
So post your opinions and remind everyone when you are right and that will speak volumes and give you great satisfaction (as well as the money )

Alan
  • #157,756
  • Aug 13, 2009 11:17am Aug 13, 2009 11:17am
lol......

Quoting BobHall
Why should I be nice?

Why is it that ONLY NEWBIES can talk on this forum?

When someone of my caliber comes in and helps people, or when I say I made this much, or that much, or I have this much experience, I'm pushed to one side that I'm talking nothing but crap?

What is it with these people on this forum, low minded or what, I've never seen so much naivety anywhere. They think they're above the rest.

Shit, I came here to do stuff in my spare time, to help others, not to be insulted.

if ppl think I'm full of it, then eat these apples.
  • #157,757
  • Aug 13, 2009 11:27am Aug 13, 2009 11:27am
Muhahahahh! thx for all that fun today, that wasen't expected!

Keep on, ill watch your show!
  • #157,758
  • Edited 11:29am Aug 13, 2009 11:28am | Edited 11:29am
Bob....the thing about Malcomb is he posts his charts and analysis to say why he think cable is going to a certain point now instead of blowing his mortgage off and all sorts...Just post your controversy in the form of a chart to explain why cable would not got to 1.6100..

As far as your statment is concearned....
A lot of the traders trade here with similar amounts of money even the least expected...so I dont think you have anything to prove there..I hope your fortune grows but not on the back of someone blowing someone elses fortune...

Have a beer out of the fortune you have earned and chill out man...

Geppy G
Let Price determine your future!
  • #157,759
  • Aug 13, 2009 11:29am Aug 13, 2009 11:29am
I know that if I close my short now, the pound will fall like a stone. It's just waiting 4 me to get out
  • #157,760
  • Aug 13, 2009 11:31am Aug 13, 2009 11:31am
Come on Bob - if your money and your spelling and intellect are better than the others - feel sorry for them secretly and show some class and take the moral high ground
Parade your successes and you will get the approval and satisfaction and endorsement of every member - I wish I could
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