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Cable Update (GBPUSD)

  • #205,781
  • Mar 14, 2010 3:26pm Mar 14, 2010 3:26pm
Quoting bbakker
Fair point, but my 50% remark was not a serious comment.

People such as Sperandeo (Yes, you did get his surname right) have to be respected if the likes of Soros have used him and he holds three patents on financial products using long/short algorithmic indicators or indices in conjunction with leverage, which aim to add alpha while simultaneously reducing risk.

Perhaps most importantly, Sperandeo acknowledges that losses are part of the trading business. But if you are trading properly, he explains, you will find yourself able to[b] lose...
  • #205,782
  • Mar 14, 2010 3:26pm Mar 14, 2010 3:26pm
Quoting Baby-Trader
Thanks Bro
It was really great time.
It was in Sharm El Shekh.

How are you doing ? and what about your green pips ?
ah ya 3am sharm el shekh its fun down there

bro u know me hit and run i cant see green ones leaving with out kissen my acc.
  • #205,783
  • Mar 14, 2010 3:27pm Mar 14, 2010 3:27pm
Quoting No Stress
Everyone is thinking GU will go north. Is there anyone who sees the opposite?
I see the highest accumulated period since the beginning of the drop from 1.67-8 area. From here, we are either setting for a massive correction to the topside, or are going to send an order in for market lows that we haven't been witness to over the last 2 years.

Personally, I think we say good-bye to 1.35 and start looking for new market lows in the 1.2 area.

Given a fractal buy back into the 1.536 area, a stall and reversal here will see 1.44 before 1.54.
Show me your tits
  • #205,784
  • Mar 14, 2010 3:28pm Mar 14, 2010 3:28pm
Quoting Honored
Right. That makes sense. I want both baby trader ; short for 160 pips and then long for 600 pips = 760 green pips lol
I wish you can get these 160 Pips
  • #205,785
  • Mar 14, 2010 3:28pm Mar 14, 2010 3:28pm
Quoting kuroro001
Yes me too...i've added few shorts friday...waiting for a dip towards 1,5040 at least ^^

cable now 15170on ex hope for some more befor we open
  • #205,786
  • Mar 14, 2010 3:32pm Mar 14, 2010 3:32pm
Quoting Honored
Welcome back.
so now its No Stress ( going short ) vs baby trader ( holding longs ) lol. now i am confused as i have followed both of your posts and you guys are right everytime. I hope you both win, GU taking a dip to 1.5040 and then going back up again to 1.58xx
Confused? If not sure, don't enter a trade. Never follow anyone, if you want to win. I'm swing trader. I'm not a friend with no direction with any pair. If got 50 pips in my direction, SL will be at entry point, waiting for a correction and pyramiding. TP will be confirmed, when market gives change indication, getting out and taking other direction, otherwise, pyramiding.

Again, do not follow any trader. I face loss, but this is my money, same as i win. In both cases, i check why i face a loss, or why i did not follow the trend to its final point. When you follow others, you can not explain why loss or profit. Be careful.
No Signal, No Trade. No fundamenals, No headache.
  • #205,787
  • Mar 14, 2010 3:42pm Mar 14, 2010 3:42pm
Quoting Br_pippin
Fibonacci are just numbers that are found in nature at certain intervals?

They are a self-fulfilling prophecy and truly make no sense why markets would retrace at certain Fibonacci levels?

at their basics they are just numbers that are found in nature?

based on this methodology (which was originally applied in nature, these applied mathematics were taken to markets by someone else) and the logic behind it I should place a short when venus is aligned with jupiter?

Not that I am dissing the method, I know traders that use it profitability...
The market matrix by Steve Copan and the matrix cycles are based on the lunar cycle. Have you come across this method? Interesting but complex read and requires a lot of calculations which are time consuming. I have an open mind and like to find trading strategies that work for me and fit around my lifestyle, which for the moment means I prefer to KISS.

Remember, there are always two sides to a coin!

Hope your trading week is going even better! (My week hasn't started yet! )
  • #205,788
  • Mar 14, 2010 3:47pm Mar 14, 2010 3:47pm
Quoting PipLand
When every man and his dog are talking something down its usually time to go long!
We don't want be the sheep now do we
  • #205,789
  • Mar 14, 2010 4:02pm Mar 14, 2010 4:02pm
Quoting bbakker
We don't want be the sheep now do we
It is okay to be a sheep if you follow the Shepard, not the other sheep.

Go where the money goes.
Show me your tits
  • #205,790
  • Mar 14, 2010 4:05pm Mar 14, 2010 4:05pm
wellcome all
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: gpb2.JPG Size: 180 KB
  • #205,791
  • Mar 14, 2010 4:10pm Mar 14, 2010 4:10pm
A gap has appeared! Time to trade the gap.
  • #205,792
  • Mar 14, 2010 4:12pm Mar 14, 2010 4:12pm
Quoting Cobra
All this gossip about where the GBPUSD will go next is of zero value in my opinion. Who cares what the so called anylists says? Ask yourself if you have a setup to go long or short and then trade according to that setup.

Talks about a bad economy and reading all the crap which is available on the net and spesifically in this forum will keep you out of trades and out of money, making you as a trader even more confused about your bussiness which is trading.

If you are a real trader then other peoples opinion of where the market is going to go...

100% ..
  • #205,793
  • Mar 14, 2010 4:16pm Mar 14, 2010 4:16pm
Quoting nAVIN2007
100% ..
hi nav,
what about your usdchf trade, still hold??
  • #205,794
  • Mar 14, 2010 4:40pm Mar 14, 2010 4:40pm
Quoting nAVIN2007
100% ..
It is human nature to conjecture and there is nothing wrong in doing so. Forums are the perfect outlet for this but only a fool willing to part with their money will follow direct advice from such places. Everyone has different trading systems and trading styles. Find your own that works for you. Nuff said.

My week has now started and it's time to do some online shopping. May the forex be with you.
  • #205,795
  • Mar 14, 2010 4:52pm Mar 14, 2010 4:52pm
well done room now the grave yard will open in 10m are u ready to jump in either we put green pips in the grave or red ones after all its crackforek get u pipes and light good luck all
  • #205,796
  • Mar 14, 2010 5:06pm Mar 14, 2010 5:06pm
Quoting kill56
well done room now the grave yard will open in 10m are u ready to jump in either we put green pips in the grave or red ones after all its crackforek get u pipes and light good luck all
I am already digging
  • #205,797
  • Mar 14, 2010 5:11pm Mar 14, 2010 5:11pm
Quoting ams
something for cable fans on my thread...


http://www.forexfactory.com/showpost...&postcount=101

ta
ams
Hi ams,

In your Post #205759

I really Thank you Very much ... for more Specific that I mean.
You're so kind to Explained !

Best Regard,




Tsar
Always looking the GREAT, never left GOOD Point...
  • #205,798
  • Mar 14, 2010 5:14pm Mar 14, 2010 5:14pm
Quoting bbakker
I am already digging
man dige deep we need a big hole for him he is sick i could be wrong he might get well u will never know
Attached Image
  • #205,799
  • Mar 14, 2010 5:16pm Mar 14, 2010 5:16pm
Quoting Tsar
Hi ams,

I really Thank you Very much ... for more Specific that I mean.
You're so kind to Explained !

Best Regard,




Tsar
hey bro i did post the whole thing did u see it
  • #205,800
  • Mar 14, 2010 5:26pm Mar 14, 2010 5:26pm
Quoting kill56
man dige deep we need a big hole for him he is sick i could be wrong he might get well u will never know
I'm digging another hole to fill the original hole
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