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Cable Update (GBPUSD)

  • #213,221
  • Apr 6, 2010 3:37am Apr 6, 2010 3:37am
Quoting chankl78
Ok.. I am out...

Closed it... Wait for better price to sell.

Maybe at either 1.5200 or 1.5220...
Hee hee..

Good luck to me.

Edit...

Why it is always like that... When ever I close it, it just continue to goes within the next mins....
Sigh...
Patience is a virtue in this game of connect 4X
  • #213,222
  • Apr 6, 2010 3:37am Apr 6, 2010 3:37am
Quoting Baby-Trader
I liquidated all positions
Sounds messy!
  • #213,223
  • Apr 6, 2010 3:41am Apr 6, 2010 3:41am
good shitt good gold good fiber good cable its all good up and runing darn i did eat the lion last night and i did nor tell u it will go east i did not say any thing


hi all greeny al the darn way she is at the moooorgue

wormy bro could not hold her sorry bro she did foooock the rang and still going its the lion meat
  • #213,224
  • Apr 6, 2010 3:43am Apr 6, 2010 3:43am
Quoting Baby-Trader
I liquidated all positions
salam bro sorry for that
  • #213,225
  • Apr 6, 2010 3:44am Apr 6, 2010 3:44am
Hello Everyone!
There is a tremendous amount of knowledge in here. I've been on "demo" reading the forum for weeks now and discovered the "Method Trading Systems" and "James16" and have been learning by reading your opinions during the action. This is great! Thanks again.
  • #213,226
  • Apr 6, 2010 3:46am Apr 6, 2010 3:46am
Quoting bbakker


Thick as two planks me

Well my entries are looking sweet (I took you up on the fibre offer, and got a little short in @13423.5, not as sweet as yours, but it is determined not to break through R1!)

If all goes to plan, no more new positions until tomorrow, so let's see how the 3 runners theory work for me today.

If it breaks through AND holds off 15183 (not quite there yet) I think GU will have confirmed the change of direction. S2 @15168, which GU bounced of nicely during the drop.

So I am putting my feet up for the rest of...
S2 at breaking point and gone! I have to add S3 to my chart now. Wasn't expecting it to be so quick.
  • #213,227
  • Apr 6, 2010 3:48am Apr 6, 2010 3:48am
Quoting bbakker
S2 at breaking point and gone! I have to add S3 to my chart now. Wasn't expecting it to be so quick.
I entered short again at 5175, 518 is history.
  • #213,228
  • Apr 6, 2010 3:49am Apr 6, 2010 3:49am
Quoting bbakker
S2 at breaking point and gone! I have to add S3 to my chart now. Wasn't expecting it to be so quick.
Oh yeah S3 is my TP, told you, thick as
  • #213,229
  • Apr 6, 2010 3:49am Apr 6, 2010 3:49am
Attached Image
  • #213,230
  • Apr 6, 2010 3:50am Apr 6, 2010 3:50am
Quoting kill56
salam bro sorry for that
Why Sorry
I liquidated in profit.
  • #213,231
  • Apr 6, 2010 3:50am Apr 6, 2010 3:50am
Quoting bbakker
S2 at breaking point and gone! I have to add S3 to my chart now. Wasn't expecting it to be so quick.
Morning mate,

I have S3 at 1.5136.8 if that helps...I entered a little short on the break of the little flag patern that was forming, probably just in time for a retrace!lol!
  • #213,232
  • Edited 4:01am Apr 6, 2010 3:51am | Edited 4:01am
Quoting fendi
Sorry i don't boast. Fx is based on what you know and back testing. Pattern's change that is why there is no 100% trader (player). What matter's is making more green pip's than red pip's. So if I make 10wrong call's after making 50right call's, why does the wrong call have to be an issue. WHAT HAPPENED TO STOP LOSS (S.L)?

I understand you quite well i would try using chart's to explain my post next time.

chao.

and

Interesting seeing people......
[color=blue]Fendi,

Nice of you to drop in. First off, what you said about green and red pips is the one point I agree with you on. I wished everyone in here made green pips. But, the beef I have had with you was because you basically attacked anyone that had an opinion different than yours. Now lets look at the facts here.

http://www.forexfactory.com/showthre...14#post3454014

Remember what you said here... The trend is your friend....

http://www.forexfactory.com/showthre...12#post3361112

Uptrend? really? On Jan 13.. Never made new highs from previous year. Was this your short term trade?

http://www.forexfactory.com/showthre...20#post3361220

Well this was nice... those that had opinions different than yours were f@$@ing idiots..

http://www.forexfactory.com/showthre...30#post3445830

Uptrend again? where.. At this time charts were sideways for days, also in longer term downtrend... Where did you clarify if this was a short term or long term trade.. Must of been on your chart. Oh wait... What chart..

http://www.forexfactory.com/showthre...56#post3454156

Ok, now were in a downtrend... Make up your mind.. Which TF are you trading?

http://www.forexfactory.com/showthre...59#post3464559

OK, now Big1Red9 has to wake up and smell the coffee since he sees a bear formation forming. You didn't like that and last time you did it you lost 1.9M. Nothing like losing a cool 2 million... Where was your stop loss?

Now the fun starts...

[color=blue]http://www.forexfactory.com/showthre...43#post3471343

02/17/10 Still long here. The start of the decline..you even said targets hit

http://www.forexfactory.com/showthre...91#post3471591

My favorite... I wasn't even talking about you here or to you. You just assumed I was. Lets take a quote out of this post shall we...

i pity you. Now to tell you how much i know fx better than the 2 of you, we hit 1.5710-20 is a must wether u like it or not. From there we rally until it moves to test the new high again. If we are to follow LONG TERM we have a meeting with 1.61** & probably 1.62** region. Must, I repeat MUST. So in the next couple of weeks let see if you wouldn't be seeing price in that region......hahahaaaaa

Ok it's been more than a couple weeks.. where is your must. I am still waiting. AND YOU ARE TELLING ME HOW MUCH YOU KNOW FX BETTER? I guess you don't is what your saying...

http://www.forexfactory.com/showpost...stcount=200178

Here is one of my all time favorites... You talk about MM... Lets talk about it.

Here you have a sell in @.2 no sl tp 5732..ok title of post say bias still long... why short?

also I see you have 2 pending buys in @ 1.0 contracts each. first @ 1.5660 SL 1.5650 second @ 1.5707 SL 1.5650. 1.0 contractas is $10 per pip so..

first trade SL 10 pips -100 if hit. (10 pips on G/U looking @ 1H chart?)
second trade SL 57 pips -570 if hit.

Also

http://www.forexfactory.com/showpost...stcount=200419

Lets assume the same 1.0 trade @ 10 per pip. 150 pips * 10 per pip = 1500 pips. Well that's like 20 - 25% of account.
http://www.forexfactory.com/showpost...stcount=200338

Well lets look at this one closer with your quote....

HHHMMMMMMMmmmmmm..... This is what i predicted, and finally came true. This is not over yet, all those who told me yesterday we where on the upside, how far? Now, we would only test some low, But we would finally head up 1.60** region, if u are trading 10% of capital and in long just let it be, our up target is that region. Yesterday i said 1hr's trend has to complete its move to the downside. Now we trade with care even though as i said long term still in place, we need to be careful until this move to the down side collapses, we aint sure of our Buy

Using 10% of capital on 02/18/10 in strong downtrend targeting 1.6 (which never got there) Did you blow out yet?

http://www.forexfactory.com/showpost...stcount=200373

WTF are you doing here... You have no SL's on buys after it went way against you you put a hedge in @ the bottom of all this? Why Plus you are saying still going to 1.6...

http://www.forexfactory.com/showthre...18#post3485918

02/22/10 still long I see. You talk about trading w/ the trend but where did you go short at all except to cover your ass w/ the longs?

http://www.forexfactory.com/showpost...stcount=209116

and

http://www.forexfactory.com/showthre...92#post3442092

Oh boy...God now tells you what trades to take...

http://www.forexfactory.com/showthre...71#post3453971

You tearing into another trader again.

http://www.forexfactory.com/showpost...stcount=200085

I love this one too....

when i have people online to train and signal out to

and

My friend I m better than what you think if only you know who is chatting here, u may have even both my e-books online.......hahahahaaaaahttp://cdn.forexfactory.com/images/s..._the_floor.gif

Classic...

http://www.forexfactory.com/showpost...stcount=200474

My ultimate favorite
I can hear people in this FORUM complaining, what are they complaining about??? hahahahahhaaaa some actually thought they know fx, well bitter truth. All in profit............I said it in some hours some would start complaining i should have seen it i shouldnt have seen it, hey it takes only due deligent trader's to be able to tell trend even before they appear. Now my target for 1.60-1.62 would confirm next week watch it allllllllllllllllllllllllllhttp://cdn.forexfactory.com/images/s...im/winking.gif


I need a holiday once target been hit...........http://cdn.forexfactory.com/images/s..._the_floor.gif


Well, that was also 02/18/10... Looks like your holiday got delayed huh? And you said it takes a due deligent (guess you don't need to know how to spell) to be able to tell trend... I gues your not one of them huh?

THE BOTTOM LINE...

When I agreed with you on calls you said I was full of crap. Those that disagreed with you are a**holes. YOur money management sucks and can't call a trend worth a shit. (Maybe your referring to the 5M trend. You said in one of your posts your taking a vacation once your target got hit and to date, still nowhere close. You got a few newbies to follow your crap and one PM'd me asking me how to get out of the mess he got into following you.. All he could do was close the trades and take the losses. Stop being so damn arrogant and telling people your the best trader in the world. From what I can see your a newbie too. You post no charts with your crap analysis so no one can even look to see what your talking about. Maybe you should go back and read your 2 books or take one of your own classes.
  • #213,233
  • Apr 6, 2010 3:53am Apr 6, 2010 3:53am
http://www.forexfactory.com/showpost...stcount=213206

Then tat's a near 100pips today.
Now with my 50pips....

Hahaha... (hmmm... I feel my GREED controlling me..... Bad.. I am sorry for it. )
Smile Chankl78
  • #213,234
  • Apr 6, 2010 3:53am Apr 6, 2010 3:53am
Quoting bbakker
Sounds messy!
why?
GJ dropped 200 pip
GU dropped 150 pip
  • #213,235
  • Apr 6, 2010 3:53am Apr 6, 2010 3:53am
Quoting Baby-Trader
Why Sorry
I liquidated in profit.

i like that bro koool
  • #213,236
  • Apr 6, 2010 3:56am Apr 6, 2010 3:56am
Quoting kill56
we use to pay for advice now its free and ppl ignore it will do u remember when cable was 19000 and the eur about 13000 from now on all the readings from both eu zone and the uk will be shitty we do make mistakes but we make green tooo long live the voodoo boodoo club
Got my hourly retrace here kill.



Gotta love it when a plan comes together.
Attached Image (click to enlarge)
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #213,237
  • Apr 6, 2010 3:58am Apr 6, 2010 3:58am
Waiting for 1.5000...i'll wait for you there
COT: The precious data ignored
  • #213,238
  • Apr 6, 2010 4:00am Apr 6, 2010 4:00am
Quoting kill56
wormy bro could not hold her sorry bro she did foooock the rang and still going its the lion meat
kill i promised i'll sell you higher! now look what you done
i got stopped out with a loss of -112 on this one. Would've cut it sooner had I been around earlier. Didn't think they'd party before london open doh!
Thank You
  • #213,239
  • Apr 6, 2010 4:01am Apr 6, 2010 4:01am
Quoting antic81
Morning mate,

I have S3 at 1.5136.8 if that helps...I entered a little short on the break of the little flag patern that was forming, probably just in time for a retrace!lol!
Morning Ant,

Mataf has it around 1.5115. My TP was 1.5110, which at this rate is going to be hit before lunch. Unlikely, like you say a retrace back to 15168 might be on the cards. I will cash in my 1st of the 3 runners around this point and move the SL into profit on the other 2, although I have not decided where yet. I think the bears have their bit between the teeth now and determined to see Sterling collapse, although in my view we will have to wait a little longer before this actually plays out. My sentiment on cable remains.

Anyway... back to boring work!

GL with your trading today. I think shorting is the way forward today, although you missed the earlier train which left just after midnight.
  • #213,240
  • Apr 6, 2010 4:03am Apr 6, 2010 4:03am
hi,

does anybody think that 5117 monthly pivot will hold? or cld we possibly see 61.8% ret (4794-5316 up move) to weekly S1 at 5000?

5117 seems strong support (38% ret too) and on higher TFs

eurgbp seems to have awakened and cld support this move dwn hard
it had seemed so obvious at the time
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