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Cable Update (GBPUSD)

  • #176,681
  • Oct 15, 2009 7:03am Oct 15, 2009 7:03am
Quoting Turveyd
Not here to make friends or influence people but it crazy some of the bad trading and total illogic that goes on in this thread, newbie's sadly come in read this thread, most never have the ability to change there opinion and well there screwed.
Do you trade? Do you call?
Would like to see how you do with your system BEFORE the move happens. I mean it will really be interesting to see how good you are or how logical your perception is when you are calling it LIVE. Your claims will carry more weight if you can do that.
Talk about after the move is all too easy & cheap.
Thank You
  • #176,682
  • Oct 15, 2009 7:03am Oct 15, 2009 7:03am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Right SeaPip...

if I ask you to drop a bucket of water on someone long than you, and give you a bucket, what will you do?

You will pour the water go on a certain height before dropping it on that someone "longer) than you, isn't it?

Same thing is happening in this market, to GU


Quoting SeaPip
Morning folks,

Would someone care to share with me what's going with the GU? I just woke up to start the day and overnight it has gone 200+ pips while EU is going down? No correlation. What make GU moved so much? Thanks.
  • #176,683
  • Oct 15, 2009 7:03am Oct 15, 2009 7:03am
Quoting SeaPip
Morning folks,

Would someone care to share with me what's going with the GU? I just woke up to start the day and overnight it has gone 200+ pips while EU is going down? No correlation. What make GU moved so much? Thanks.
the fact that every1 is short with a few exceptions, market is endless stream of money but extracting it without getting slapped is another thing altogether..who the hell know..
  • #176,684
  • Oct 15, 2009 7:05am Oct 15, 2009 7:05am
Quoting wormboy
Do you trade? Do you call?
Would like to see how you do with your system BEFORE the move happens. I mean it will really be interesting to see how good you are or how logical your perception is when you are calling it LIVE. Your claims will carry more weight if you can do that.
Talk about after the move is all too easy & cheap.
Give him a BEER too

BUT oh, he doesn't play the 50/50 guessing game...
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #176,685
  • Oct 15, 2009 7:06am Oct 15, 2009 7:06am
Quoting wormboy
I'm in. This time I take the roof brother
bro salam
usd above your 55
and our 5300000000 is on all the way
  • #176,686
  • Oct 15, 2009 7:06am Oct 15, 2009 7:06am
Quoting Piters
[CABLE] has surged further as markets eye up a possible M&A in the offing, with latest rumours centering on talk that Sainsbury have accepted a 420p a share offer from Qatar (about Gbp 7.5bn). This is all pure speculation at present, but Cable has nonetheless rallied to a 1.6272 high in recent trade, with more stops being tripped through the 1.6227 15 day best and 1.6225 fibo level. Amongst the buyers were two large US investment banks, a US custodial, Japanese accounts, Middle East (Gbp/Yen), a large German bank and a UK clearer. The 1.6291...
not an average day, and sure not an average Move...

daily range (Low -> high)

GY = 413pips (average 280p)
GU = 309pips (average 173p)

cheers !
  • #176,687
  • Oct 15, 2009 7:07am Oct 15, 2009 7:07am
Quoting wormboy
Do you trade? Do you call?
Would like to see how you do with your system BEFORE the move happens. I mean it will really be interesting to see how good you are or how logical your perception is when you are calling it LIVE. Your claims will carry more weight if you can do that.
Talk about after the move is all too easy & cheap.

Yeah, I don't trade much work commitments and only take really high probability setups, 12 trades no losers account up 30% recently, some are posted in the M1 thread.

If you'd of skipped the crap yesterday and listened maybe you'd of got the point the trend was UP, end of story.

But I don't do predictions, I don't draw pretty lines on charts, I deal with absolutes, ie market is going up, how long will it go ?? not a clue and no body ever will do.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #176,688
  • Oct 15, 2009 7:09am Oct 15, 2009 7:09am
Quoting Turveyd
Not here to make friends or influence people but it crazy some of the bad trading and total illogic that goes on in this thread, newbie's sadly come in read this thread, most never have the ability to change there opinion and well there screwed.
Thanks for the explanation, and continued g/l with your methodology,...I tend to agree with the points in your subsequent post/reply also reagrding the bad analysis that goes on in herre, but it is an open orum and folk are free to express their views. It can however be difficult to help without being rewarded by a slap in the face, when you see something posted that is just plain wrong and want to help,...Folk have money at risk and in some cases egos and the market can take/offend them, which can be compounded when some apparent smart arse (and I include myself in that) tells them where they went wrong lol. I think a lot of it has to do with the language one uses/tone one adopts.

G/L
ex member
  • #176,689
  • Oct 15, 2009 7:09am Oct 15, 2009 7:09am
Quoting Fx1618
Long @ 1.6006
Quoting Fx1618
SL moved to 1.6009
Quoting Fx1618
SL Moved >>> 1.6031
Quoting Fx1618
SL Moved >>> 1.6054
Quoting Fx1618
SL Moved >>> 1.6107
SL Moved >>> 1.6123
  • #176,690
  • Oct 15, 2009 7:10am Oct 15, 2009 7:10am
Quoting bbmac
I think I read your How to win friends and influence people book,..
I popped out and have just come back and read that. Very funny.
  • #176,691
  • Oct 15, 2009 7:10am Oct 15, 2009 7:10am
Quoting direct-trade
1.6298...for now
Maybe ...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbp1.gif Size: 17 KB
Click to Enlarge Name: gbp.gif Size: 25 KB
Addicted to FX
  • #176,692
  • Oct 15, 2009 7:12am Oct 15, 2009 7:12am
Quoting bbmac
Thanks for the explanation, and continued g/l with your methodology,...I tend to agree with the points in your subsequent post/reply also...

Actually I wasn't allowed to express my views I think you'll find.

People won't accept what there doing, just isn't working and definately won't admit to, take a look at your accounts people, ask yourself is what your doing really working, I know you think that 1 day you'll get lucky and you'll make it big, but there is no such thing as luck, hard work and the ability to learn and change your way of thinking are required sadly.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #176,693
  • Oct 15, 2009 7:13am Oct 15, 2009 7:13am
Quoting gammase1
I popped out and have just come back and read that. Very funny.
Yup, I loved it too.... great quote
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #176,694
  • Oct 15, 2009 7:15am Oct 15, 2009 7:15am
1.63521 for sell
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #176,695
  • Oct 15, 2009 7:15am Oct 15, 2009 7:15am
Quoting Piters
not an average day, and sure not an average Move...

daily range (Low -> high)

GY = 413pips (average 280p)
GU = 309pips (average 173p)

cheers !
u know it..she aint done it..the 4hr wedge broke topside, then the bottom then reversed to top side..the crazy $$%^&£
  • #176,696
  • Oct 15, 2009 7:19am Oct 15, 2009 7:19am
Quoting nAVIN2007
u know it..she aint done it..the 4hr wedge broke topside, then the bottom then reversed to top side..the crazy $$%^&£
Dude, you you really need to

a) stop trading based on a 4hour chart.
b) stop reading candle stick patterns they just don't work, there randomly formed nothing more.


Forget everything you've learned, go back to demo and find something that actually works.

PLEASE!!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #176,697
  • Oct 15, 2009 7:19am Oct 15, 2009 7:19am
Quoting Turveyd
Yeah, I don't trade much work commitments and only take really high probability setups, 12 trades no losers account up 30% recently, some are posted in the M1 thread.

If you'd of skipped the crap yesterday and listened maybe you'd of got the point the trend was UP, end of story.

But I don't do predictions, I don't draw pretty lines on charts, I deal with absolutes, ie market is going up, how long will it go ?? not a clue and no body ever will do.
What crap? I do not have to listen to you. How hard is it for you to understand that your M1 method is not the holy grail. Trade management is.
The problem with you is you underestimate people too much. I do not take kindly to you hurling insults like you're the only one who knows how to trade.

I do lose trades & I know how to deal with it so basically I do not care about your 12 trades account up 30%. Again talk is cheap, if you want to compare the percentages let me know. I will be all to happy to post my fxreport for this 10 months against yours & let us compare pip gains, just so that you get it through your thick skull there are people like myself who can trade & I do it for a living. I have absolutely no problems with that.
Just let me know when.
Thank You
  • #176,698
  • Oct 15, 2009 7:19am Oct 15, 2009 7:19am
**Yawn**

Morning Guys,

w0w, whatta fawking night!

Holding 2x long cable, 1x long dragon and closed out 2x long on USD/CAD

CHA CHING!

Finally the run to fill all that empty space by the 1.63 area on cable...sweet, 2 weeks late but I'll take it!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #176,699
  • Oct 15, 2009 7:22am Oct 15, 2009 7:22am
Quoting wormboy
What crap? I do not have to listen to you. How hard is it for you to understand that your M1 method is not the holy grail. Trade management is.
The problem with you is you underestimate people too much. I do not take kindly to you hurling insults like you're the only one who knows how to trade.

I do lose trades & I know how to deal with it so basically I do not care about your 12 trades account up 30%. Again talk is cheap, if you want to compare the percentages let me know. I will be all to happy to post my fxreport for this 10 months against yours...

a) hadn't mentioned M1
b) That coming from someone who held a trade down nicely, let it reverse on him and go to a big loss, or atleast sat around and watched while others did this making no effort to help them.


Yeah your really good!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #176,700
  • Oct 15, 2009 7:22am Oct 15, 2009 7:22am
Quoting wormboy
lol I'm around, your bulls were giving me a hard time had to ride them off.

http://www.youtube.com/watch?v=TO214...eature=related


Btw I won't go anywhere, gonna take you on a wild ride south brother


Okay brother....Always nice being around good sports...



but....1.5300???

NOT IN THIS DECADE!!! NO WAY JOSE!!!!
Hear the music before the song is over ...
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