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Cable Update (GBPUSD)

  • #188,501
  • Dec 20, 2009 4:38am Dec 20, 2009 4:38am
Quoting TheGabriel
Oh come on bro...please stop this now . I'm a newbie myself compared to many of the traders that are posting right now, and I can tell u that when I was following Auslanco GBPJPY/Cable thread very close I've seen malc's calls, navin's, GM's, direct-trade's, rgitt, wormboy... and many others so let's end this "i make more pips a week" competition as it doesn't matter as much as the leverage you put in (not that I have a big account, in fact it's quite small).

Really just mastering volume trading is quite a lot (if you haven't tried can't say...
Bro.. i dont want make a competition.. but i can't stand with his arrogant. Good for u if u can learn a lot from him. I do respect him because he is senior trader thats why im quiet before. Can you please post here a call that he made.. i mean actual clear call.. with SL and TP. I will thanks for that. However i don't wanna say more about this.

Cheers!
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #188,502
  • Dec 20, 2009 4:58am Dec 20, 2009 4:58am
Quoting malcolmb14
exactly 16200 closed 16145
exactly 16210 closed 16150

good enough .

And as you want to have a little dig ... counter trades work as long as one manages risk well ... the saying ' the trend is your friend ' was not made up because it is bullshit and as far as i know the daily is still in a down trend.

and as far as 1.5300 ... its coming and lower .. so i was off ..who care i have been short since 1.6970 and holding. and enjoying the intraday trading....

firstly: No Sir, It's not good enough at all!!!!
it's only good enough if and only if you post your trades in real-time, not
after the fact!

secondly: You speak about risk management and yet in the same breath you say,
when you were expecting 1.5300 as a target when gu was trading
at 1.5700 and rallied all the way up to1.6877 .... SIR!!! that's you 1177 pips (that's ONE THOUSAND ONE HUNDRED SEVENTY SEVEN)
underwater if you trade spot.....

thirdly: you gave specific dates since june 2009 for 1.5300 for all the months
from August,September,October through November --
SO even for an OPTIONS TRADER you would have had to meet a lot
of nasty EXPIRED contracts..........


I would suggest that a person with such a track record to at least tone down and not comment presumptously on REAL-TIME TRADES of those who DO post them.......or better yet just post your own REAL-TIME TRADE at the same time for comparative purposes instead of saying I opened such and closed such after three days......
Hear the music before the song is over ...
  • #188,503
  • Dec 20, 2009 4:59am Dec 20, 2009 4:59am
Quoting Yngwie
Bro.. i dont want make a competition.. but i can't stand with his arrogant. Good for u if u can learn a lot from him. I do respect him because he is senior trader thats why im quiet before. Can you please post here a call that he made.. i mean actual clear call.. with SL and TP. I will thanks for that. However i don't wanna say more about this.

Cheers!
Cheers bro! I knew he was selling and you can read that on friday (i talk about friday because i hven't been following the for long), but for example i don't set a fixed take profit but exit when i see the pattern get's broken and is changing direction (i use an indicator aswell to see it).

Anyway even if someone doesn't post his calls with details, that doesn't make him bad trader....I'm sure many of big profitable traders won't share their calls as they are gealous about their own calls and also because someone following his call could get a margin call and blame him for the call...you know it does happen.

Your point of view is different as I see you put all the calls on the blog
Edit: Next week i'll post all my calls here real time so we can help each other , I'll confront with yours aswell to become more profitable.
"Hate the sin, love the sinner." - Gandhi
  • #188,504
  • Dec 20, 2009 5:06am Dec 20, 2009 5:06am
Quoting GlobalMacro
firstly:...
Makes sense...I'd suggest that we all put our calls next week
As MM i'll put the entry, SL and price where I'll move my SL to BE.
"Hate the sin, love the sinner." - Gandhi
  • #188,505
  • Dec 20, 2009 5:35am Dec 20, 2009 5:35am
Quoting TheGabriel
Makes sense...I'd suggest that we all put our calls next week
As MM i'll put the entry, SL and price where I'll move my SL to BE.

I already posted my long trade late friday...

here's the link:

http://www.forexfactory.com/showpost...stcount=188396

Long @ 1.6090 up 75 pips as of latest cable quote @ 1.6165
Hear the music before the song is over ...
  • #188,506
  • Dec 20, 2009 5:48am Dec 20, 2009 5:48am
Good, i have no positions opened over-week, I'll start tomorrow.
"Hate the sin, love the sinner." - Gandhi
  • #188,507
  • Dec 20, 2009 5:52am Dec 20, 2009 5:52am
Traders
I have 2 questions in my mind?
I wana know when the best time is to trade on gbp/usd and by the way do u know to what kind of news on which currency is this pair sensible?
There is no randomness. It is just Chaos, a higher form of order.
  • #188,508
  • Dec 20, 2009 6:37am Dec 20, 2009 6:37am
Quoting Pipfull
Traders
I have 2 questions in my mind?
I wana know when the best time is to trade on gbp/usd and by the way do u know to what kind of news on which currency is this pair sensible?
i think the best time to trade this pair is 1 hour before london session to 11 am gmt
  • #188,509
  • Dec 20, 2009 7:01am Dec 20, 2009 7:01am
Quoting Pipfull
Traders
I have 2 questions in my mind?
I wana know when the best time is to trade on gbp/usd and by the way do u know to what kind of news on which currency is this pair sensible?
I think 1/2 hour after London open until London closed..
Patience + Discipline =
  • #188,510
  • Dec 20, 2009 7:24am Dec 20, 2009 7:24am
Quoting TheGabriel
Cheers bro! I knew he was selling and you can read that on friday (i talk about friday because i hven't been following the for long), but for example i don't set a fixed take profit but exit when i see the pattern get's broken and is changing direction (i use an indicator aswell to see it).

Anyway even if someone doesn't post his calls with details, that doesn't make him bad trader....I'm sure many of big profitable traders won't share their calls as they are gealous about their own calls and also because someone following his call could get a...

Wish all the best for us in FF!
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #188,511
  • Dec 20, 2009 7:39am Dec 20, 2009 7:39am
Quoting Jemmy
I think 1/2 hour after London open until London closed..
thank u jemmy
There is no randomness. It is just Chaos, a higher form of order.
  • #188,512
  • Edited 8:26am Dec 20, 2009 7:58am | Edited 8:26am
In the public nature of Forex Factory being open forum, we sure get to see a lot.

Chest thumping would seem to be the bulk these days.

I like how people defend poor calls with statements like "I am holding into a longer term", or, "this is how I trade", or, "I made money, this is what I did", posted as an after thought/hindsight call.

Looking at the longer term charts can be of some benefit, but I have to agree with GM, a call that goes over 1100 pips against a call, with no correction or counter from the same trader, should put somebody into small sitting of humble pie...Did it? Nope, more chest thumping.

It consistently saddens me that this place becomes more of a popularity contest then does an actual place of learning, people defending their own positions by vouching for or defending somebody just because they agree, have already taken the same position and hope for prosperity, or who subscribe to the same charting or services.

When I post my live trades, and have done so now by posting the ACTUAL TRADES, through the use of screen shots of my platform, I still get crucified by pouch licks like Direct Trade, who assume that when I am absent, I must be on the wrong side of trades...or that I only chime in winning trades. Funny how that lamer only comes back to the cable thread now, not to add anything of value but to take pot shots...LOL.

It is funny, when you look through the vouch count on some traders and watch what they actually post, you can and should begin to wonder why?

I have followed a few people to my account demise, (I take full responsibility for my trades). The longer term analysis being possible and eventually probable, but the shorter term being completely Wrong.

There are a lot of great traders here, some so bold as to post their live trades, a lot of whom go without any recognition.

I think it's sad that a guy like yngwie only has a single vouch, from me, especially because I have been witness to a number of his calls. And even though he may not post charts, he still puts his neck out on the line, with his trades, s/l and t/p points, and still gets shadowed by the "I still make more then you", comments.

If not in the spirit of Forex Factory, at least in the spirit of the season, maybe try congratulating some of the other traders in their victories. Let them have their voices. Quit making this place out to be a pissing contest or chest thumping session and allow all the opportunity of learning.

Happy Holidays.



M
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #188,513
  • Edited 10:42am Dec 20, 2009 8:41am | Edited 10:42am
Magix.. i try to post the chart now.. LoL

This is GU 1HR chart

This chart show updated pivot lines and resistance level. The price remain bullish playing above 1.6050. The price already touch 1st resistance 1.6165 (as aspected). If open above it, we might see 1.6250. If the price open below 1.6050 level, we will see 1.600 or below. Is a good idea to take a position when price near the 1.6050 for small stop loss. However adviseable to trade base on current price action. We can see how strong the lines! Use this lines wisely!

Taken from http://www.forexsignal-yngwie.com/20...-analysis.html
Attached Image
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #188,514
  • Dec 20, 2009 8:48am Dec 20, 2009 8:48am
Bro yngwie... been following your blog, it's quite helpful. Ikut hati macam mana? minggu depan turun lagi ke?
  • #188,515
  • Edited 9:29am Dec 20, 2009 9:03am | Edited 9:29am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Now Yngwie has 2 vouches, one from me as well!
He indeed deserves the vouch. I am watching his calls and I am impressed!
He trades with least risk and still makes good profit.

GM belongs to a different breed of traders, he is one of few I admire. He doesn't post frequently but when he does there is a reason.

All the very best, and welcome to good traders (Magix, and Yngwie) on FF.


ta
ams




Quoting Magix
In the public nature of Forex Factory being open forum, we sure get to see a lot.

Chest thumping would seem to be the bulk these days.

I like how people defend poor calls with statements like "I am holding into a longer term", or, "this is how I trade", or, "I made money, this is what I did", posted as an after thought/hindsight call.

Looking at the longer term charts can be of some benefit, but I have to agree with GM, a call that goes over 1100 pips against a call, with no correction or counter from the same trader, should put somebody...
  • #188,516
  • Dec 20, 2009 9:06am Dec 20, 2009 9:06am
Giving is what we are created for.

Quoting IbkA
My sole contribution on this debate about pips or no pips.

First, if someone based in the UK makes 10,000 pips at 0.20 lot per pip, they're no better off than someone in, say Africa, who makes 500 pips at 0.10 lots per pip, why?...
  • #188,517
  • Dec 20, 2009 9:28am Dec 20, 2009 9:28am
Quoting Yngwie
Magix.. i try to post the chart now.. LoL

This is GU 1HR chart

This chart show updated pivot lines and resistance level. The price remain bullish playing above 1.6050. The price already touch 1st resistance 1.6165 (as aspected). If open above it, we might see 1.6250. If the price open below this level, we will see 1.600 or below. Is a good idea to take a position when price near the 1.6050 for small stop loss. However adviseable to trade base on current price action. We can see how strong the lines! Use this lines wisely!

Taken from...

It was an interesting week to be sure, and going into the closing hours of Friday was no exception.

After the Crash, we seen a little dead cat on the bounce, some took long early, I took in a few after we held support on the 5, but closed my trades EOD...I hate weekend holds.

Watching all of the time frames, Cable played Classic Stylings, with the 24SMA and the 55EMA on the different time frames to show where each of the little stalls on the uptake was..the 4hr resistance being the ABSOLUTE stop of the last bull attempt.

I have posted charts from 1m threw 4hr, to show what I mean. The red line is the 24SMA, I use this as my stop and go signal on trades, use it on the 1m as a trigger on trend. The white dotted line is the 55EMA, shows the next possible resistance on the plays, and will also show as the first support when below the 24SMA on the long side of trades.

If we were on a regular day, I would expect the plays to follow through to the 4hr 24SMA, which would be a fib 50 on the H4. Not saying this isn't still a possibility, but I never trust the weekends or Sunday direction, so, will not be fully expecting all of this to hold true. As I am taking a leave for the next couple of weeks, the season and all...I will not be in any trades until the new year, but will as a technical junkie, be watching the ticks....

Anyways, I agree on your possible target range, if current charts hold, my 4hr resistance is right in line with yours.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: 30m.GIF Size: 31 KB
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #188,518
  • Dec 20, 2009 9:29am Dec 20, 2009 9:29am
I do not make calls per se as you do . In stead I make subtle comments ...

think the drop in euro and gbp Friday was not shown 12 hours before they happened ?

http://www.forexfactory.com/showthre...73#post3315373



Quoting Yngwie
Sorry Mal, u keep on talking and talking. Since i've been in FF, i never seen your calls. How about u try to make call and calculate all the pips that you got? Sorry i don't make any offence.. but i can see your bad intention for newbie and i guess you think u good enough in Forex more than someone else.

1200 for 3 weeks is 400 pips per week.. lol..did u forgot that 680 pips is just last week? 5 standard lots?? Did i mentioned about my lot? even 6 standard lots i used to trade. Please down to earth a little bit to make people respect to u.

This...
Blogging daily now at www.volume.zone
  • #188,519
  • Dec 20, 2009 9:32am Dec 20, 2009 9:32am
this was not good enough for you ???

http://www.forexfactory.com/showthre...53#post3315453

sorry i guess i missed target by 48 pip...screwed up again sorry about that

Quoting GlobalMacro
firstly:...
Blogging daily now at www.volume.zone
  • #188,520
  • Dec 20, 2009 9:37am Dec 20, 2009 9:37am
Quoting malcolmb14
this was not good enough for you ???

http://www.forexfactory.com/showthre...53#post3315453

sorry i guess i missed target by 48 pip...screwed up again sorry about that
Mal, seriously dude,

Another one of your rants on the economy or VSA is the only way trade, is not necessary.

As a senior, you should know better.

Sip a nog, take a breath...enjoy Sunday.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
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