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Cable Update (GBPUSD)

  • #226,281
  • May 13, 2010 6:02am May 13, 2010 6:02am
Quoting forexlion
good, i am buying too here

earlier on got stopped out @ 4900, then sold the news
What's your target if i may ask ?
  • #226,282
  • May 13, 2010 6:03am May 13, 2010 6:03am
Quoting XTrade
For someone who posts as often,

2 Questions for you:

1. Have you not learned anything from WormBoy?

2. Are you Live.
And he has vouchers....
  • #226,283
  • May 13, 2010 6:04am May 13, 2010 6:04am
Quoting NoNameTrader
hi guys,
If you remember me. i came here a couple months back and was on demo account. i am back with the live wire now. Wish me good luck.
Good luck bro! Bbaker, just read through those links, useful threads. Cheers.
  • #226,284
  • May 13, 2010 6:05am May 13, 2010 6:05am
Quoting Geppyg
The Thing is BB, no matter wether you are right or wrong at least you have the courage to post a full trade, both you,wormie,DT too many names to mention... are all the same this is the trade and this is the result.Hats off to all of you

I have traded with Azim and he is a humble guy excellent money management and me and him trade identical..just like yourself really just Tl and PA..

The Other gabbers just come here quoting Financial jargon that means nothing.....

Left this thread due to this reason.....in the first place...

I was expecting...
Exactly G, No matter what people say here abt Wormie, it means nothing to me mate. I know how the man rolls....

I agree posting a trade call with associate chart and geting it right more than wrong is alot harder. Wormie is one that is able to continually do this. This is what seperates good traders from the wanna be's that post 200 EMA's when we all know that price will come back to the average, as this is one of the law of averages and price.

As for all the other post, I just filter out...
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #226,285
  • May 13, 2010 6:13am May 13, 2010 6:13am
Quoting bbakker
1. Yes, I have learned from a number of traders who don't BS. Those traders know who they are.
...
What has your journey been like and at what stage are you in your journey?

Have a good day.
I have been lurking for a while and I have learnt a great deal from all of the traders here both good and bad. I have a live account and have just managed to rescue it back to +2% in the black from a -25% disaster trade.

We all learn and although it is hard for people to keep the extremes of their personalities out of the forum the more peolpe try the better the forum will be.
  • #226,286
  • May 13, 2010 6:14am May 13, 2010 6:14am
Hi, were did u derive this t.p from, can't see us anywhere there. Definitely not today u mean




Quoting Bull_Bear
Buy

1.4760.. SL 1.4705 TP 1.4980
  • #226,287
  • May 13, 2010 6:16am May 13, 2010 6:16am
Quoting Bull_Bear
Exactly G, No matter what people say here abt Wormie, it means nothing to me mate. I know how the man rolls....

I agree posting a trade call with associate chart and geting it right more than wrong is alot harder. Wormie is one that is able to continually do this. This is what seperates good traders from the wanna be's that post 200 EMA's when we all know that price will come back to the average, as this is one of the law of averages and price.

As for all the other post, I just filter out...
I agree... BBakker, mate, we started at around the same time and so we are still newbies here. You have kind of taken over the thread and are now insulting more senior members...

I don't know what school you were in, But in my school when you are new and young, YOU SHUT THE F^&% up and LEARN!

just my view...

Greenies to all!
@pawpaw1000 on Twitter
  • #226,288
  • May 13, 2010 6:17am May 13, 2010 6:17am
Quoting fendi
Hi, were did u derive this t.p from, can't see us anywhere there. Definitely not today u mean
His Tp looks like R1
  • #226,289
  • May 13, 2010 6:18am May 13, 2010 6:18am
Quoting pawpaw1000
I agree... BBakker, mate, we started at around the same time and so we are still newbies here. You have kind of taken over the thread and are now insulting more senior members...

I don't know what school you were in, But in my school when you are new and young, YOU SHUT THE F^&% up and LEARN!

just my view...

Greenies to all!
+1
  • #226,290
  • May 13, 2010 6:24am May 13, 2010 6:24am
if we get there i would stop trading this thing for a while. we can rally but TREND is down........


Quoting The Magician
His Tp looks like R1
  • #226,291
  • May 13, 2010 6:27am May 13, 2010 6:27am
Quoting fendi
if we get there i would stop trading this thing for a while. we can rally but TREND is down........
I wish we would bloody rally, I'm falling asleep here! Need to break 787 for a run to 860
  • #226,292
  • May 13, 2010 6:28am May 13, 2010 6:28am
GBP/USD is still staying in tight range between 1.4719 and 1.5053 for the moment and intraday bias remains neutral. On the downside, below 1.4719 minor support will reaffirm the case that rebound from 1.4475 is finished and will flip intraday bias back to the downside for retesting this low. On the upside, break of 1.5035 will bring another rise and put 1.5521 key resistance back into focus.


In the bigger picture, as noted before, corrective rise from 1.3503 should have completed at 1.7043 already and fall from there is tentatively treated as resumption of the whole down trend from 2007 high of 2.1161. Such fall should target 61.8% projection of 2.1161 to 1.3503 from 1.7043 at 1.2310 after taking out 1.3503 low. On the upside, break of 1.5521 resistance is needed to be the first signal of bottoming. Otherwise, outlook will remain bearish.



http://www.actionforex.com/action-in...0100513113117/
  • #226,293
  • May 13, 2010 6:30am May 13, 2010 6:30am
This was my declaration week or there about ago. Idon't even think we have started yet. this is over 600pips move n more to come


Quoting fendi
This is what i stated last week, short all the way from the top of last week's high, don't bother closing
  • #226,294
  • May 13, 2010 6:34am May 13, 2010 6:34am
Quoting fendi
This was my declaration week or there about ago. Idon't even think we have started yet. this is over 600pips move n more to come
Wouldn't be at all surprised. Pretty foooked in the long run. Only scalping a long for now.
  • #226,295
  • May 13, 2010 6:42am May 13, 2010 6:42am
Iwouldnt dare scalp long, against major trends. u may be good at 1min n 5mins but i can tell it would hurt u from time to time. Until i see anything to the contrary i hold on my short.

This morning U.K session gave a false move but did 52pips. I wouldnt hope for anything on the upside for now, 4hrs daily all making lower low's


Quoting The Magician
Wouldn't be at all surprised. Pretty foooked in the long run. Only scalping a long for now.
  • #226,296
  • May 13, 2010 6:44am May 13, 2010 6:44am
You seem like a decent guy so I was a bit surprised to see that post.
All too often there is an argument or a pissing contest or a wild punt in cable update, so I stopped coming.

I too have learned from many here about FX, Wormboy Being one,
MalcomB, Bull Bear, Dr Geppy, Dr D just to name some that come by here,

Yes. My FX Year anniversary has passed. The sole purpose of my coming to
a Forex broker was a means to trade paper Gold w/o having to buy a futures contract thru a broker and without having to put up $1250 per oz I speculate on.

When I got here I fell in love with money trading, what can I say.

I try to find some time to give back here because I have learned from so many, it is hard because the days are long and the nights are long in trading
for money.

If you want to learn something about what I know,
http://www.forexfactory.com/showthread.php?t=222032
Here is my FX Gold / Silver Traders thread.

Wish you luck,
X

Quoting bbakker
1. Yes, I have learned from a number of traders who don't BS. Those traders know who they are.

2. Was trading live, but not anymore, as I realised that I still have so much to learn about trading. I will not start trading live again until I have my trading plans on paper, tested them, practiced them before I go on to micro trading, then mini, then standard. I will only progress to each stage once I have mastered the previous. If at the next stage I get it wrong, I go back one stage. The James16 thread is a testament to this.

How often one...
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #226,297
  • May 13, 2010 6:45am May 13, 2010 6:45am
Quoting pawpaw1000
I agree... BBakker, mate, we started at around the same time and so we are still newbies here. You have kind of taken over the thread and are now insulting more senior members...

I don't know what school you were in, But in my school when you are new and young, YOU SHUT THE F^&% up and LEARN!

just my view...

Greenies to all!
Thanks for your kind comments

I have never said anything bad about Wormboy. My response to him was with regards to ForexLion, not Wormboy. FL is on my ignore list because he is the biggest BS on this thread.

I like Wormboy and I respect what he says and he is on my buddylist. If you check his profile he has also put me on his buddylist... mmmmmm, now why is that then?

The only senior member I insult is ForexLion and many idiots like Temps who think I lie or post crap. These people I put on my ignore list.

If you think I have taken over this thread, I will as you put it 'YOU SHUT THE F^&% up'. Obviously as some people like to point out my input is of no value, yet others appreciate my posts such as the Magician, BadTradingFI, many others and those who have vouched for me.

Maybe the time has come to leave this thread and start my own. I didn't expect this post from you, but you have certainly given me food for thought.

Best of luck to you and I hope we both get the same end result.
  • #226,298
  • May 13, 2010 6:48am May 13, 2010 6:48am
UK morning opens usually give a headfake in the direction they think the smaller speculators are going to get them in to positions,
then shake em' off by going in Large the opposite direction or "with the trend.

More money in the pot to take!

Quoting fendi
Iwouldnt dare scalp long, against major trends. u may be good at 1min n 5mins but i can tell it would hurt u from time to time. Until i see anything to the contrary i hold on my short.

This morning U.K session gave a false move but did 52pips. I wouldnt hope for anything on the upside for now, 4hrs daily all making lower low's
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #226,299
  • May 13, 2010 6:54am May 13, 2010 6:54am
Quoting XTrade
You seem like a decent guy so I was a bit surprised to see that post.
All too often there is an argument or a pissing contest or a wild punt in cable update, so I stopped coming.

I too have learned from many here about FX, Wormboy Being one,
MalcomB, Bull Bear, Dr Geppy, Dr D just to name some that come by here,

Yes. My FX Year anniversary has passed. The sole purpose of my coming to
a Forex broker was a means to trade paper Gold w/o having to buy a futures contract thru a broker and without having to put up $1250 per oz I speculate on.

When...
Thank you for your nice response X . I will certainly check out your thread and have a good read. I am on the path of learning and I thought during this path I would share some of the things that I have learned along the way. There are as always two sides to a coin. Those people who appreciate it and those people who just mock. It is the intelligent ones who appreciate it and I only have time for these people. Those who mock will always be right and one is just wasting one's breath.

B
  • #226,300
  • May 13, 2010 7:02am May 13, 2010 7:02am
Quoting fendi
Hi, were did u derive this t.p from, can't see us anywhere there. Definitely not today u mean
This why i bought S1 & broken TL long Term... as for TP it is subjective to your plan and charts, but here it is... a few areas of convergence R1, broken TL, Resistance area. I wonder if you can work why my SL is so?
Attached Image (click to enlarge)
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Veni, Vidi, Vici (We came, we saw, we conquered)
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