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Cable Update (GBPUSD)

  • #234,841
  • Jun 30, 2010 4:26pm Jun 30, 2010 4:26pm
Quoting Ineedpips9
my mourning trade for the second day in a row gave me green.I only made one trade because I had only one confirmation on a chart,the au.

Just the mention of es gets me excited about the possibility of my trading in the future.From my understanding the es was a rockstar today. Congrats.
es was a pain till later in the day ... the 1038 to 1042 area may have whipsawed one to death .

I have been trading es for along time and using vsa it is easier than fx to see what the pros are up to . The testing of globex highs was getting subtly sold into .... then the last move was a no demand on 10 min

game over for es and aj

es may seem easy and exciting but it can give pain more than fx
Blogging daily now at www.volume.zone
  • #234,842
  • Jun 30, 2010 4:28pm Jun 30, 2010 4:28pm
Same old Cloggie at work here, thin skin but quick with the condesending attidude.

INEEDPIPS answered it but you have not.

So once again I will ask, WHAT IS THE DIFFERENCE BETWEEN WHAT HE WAS SAYING AND FLIPPING A gd COIN?

Is that question so hard to answer Cloggie?
  • #234,843
  • Jun 30, 2010 4:28pm Jun 30, 2010 4:28pm
absolutely true.But as my personality is, I always plan for the best but prepare for the worse. Like when I was so excited about my yanks in the wc after that big win.I said watch them as they are so young they're probably gonna be so emotionally drained that the underdog Ghana will probably give them alot of problems...and they did


Quoting cloggie
And you don't even need to have 50% winners as long as your r/r is right. So all in all you can be doing lots better then flipping coins.
  • #234,844
  • Jun 30, 2010 4:35pm Jun 30, 2010 4:35pm
The whipsawing does have me a little concerened.That's what made me decide I'll probably stay away from gold no matter how much I have in my account. (Ok, I might trade it as a way to gamble instead of going to a casino because NC doesn't have any).

I just go to bed dreaming about collecting premiums

Quoting malcolmb14
es was a pain till later in the day ... the 1038 to 1042 area may have whipsawed one to death .

I have been trading es for along time and using vsa it is easier than fx to see what the pros are up to . The testing of globex highs was getting subtly sold into .... then the last move was a no demand on 10 min

game over for es and aj

es may seem easy and exciting but it can give pain more than fx
  • #234,845
  • Jun 30, 2010 4:39pm Jun 30, 2010 4:39pm
If she doesn't crap or get off the pot in an hour or two,things might take a while to play out,if at all.Meaning,you can probably forget about confirmation happening.A wise man once told me that the Asian sessions do the exact opposite of the London/US sessions.

Again,only my opinion.
  • #234,846
  • Jun 30, 2010 4:41pm Jun 30, 2010 4:41pm
Quoting dzulfx
are u think gu will go at 1.50 before going down again...
yesterday i have lost 20usd....from 4 trade...my acc balence still ok...
but i just need to make more profit than loses...
are u think 20-25 pips for SL is so small....

thank in advance
sorry to hear that..
i also newbie in forex..
i revesal trader..
i find low or high for today..
when price retest that low or high..that went i op..
SL above today high or low..with min SL..around 10-20pips max..
i not sure gu go 1.50 or not..
just hopening for retecment that all..
dont want to give u false hope..
just trade what u see and believe..
follow the forum for some TA and FA advice..
for me sometime hope and luck play a big row to get better entry with small SL..
that how i play the game..
Revesal Trader
  • #234,847
  • Jun 30, 2010 4:42pm Jun 30, 2010 4:42pm
Quoting malcolmb14
es was a pain till later in the day ... the 1038 to 1042 area may have whipsawed one to death .

I have been trading es for along time and using vsa it is easier than fx to see what the pros are up to . The testing of globex highs was getting subtly sold into .... then the last move was a no demand on 10 min

game over for es and aj

es may seem easy and exciting but it can give pain more than fx
very true dow a lot easier to trade and it does kick azz, es darn its a bad boy its not every day trade for me but i do enjoy traden it some times i got my azz kicked u cant win them all
  • #234,848
  • Jun 30, 2010 4:43pm Jun 30, 2010 4:43pm
Quoting Hound
Sorry not to be busting your balls or anything....but what is the difference of your above statement and flipping a coin?
A little brash, but in fact a very valid question...

Some of us trade under a specific set of guidelines, where in knowing that the market will play through certain areas and price points several times, we don't feel the need to be in every trade, just the ones we are pretty sure we can prosper from, we don't need to pick tops and bottoms, when we can simple follow the movement of price.

A select set of criteria that must be met to move from support to new highs as well as from resistance to new lows...when we see the triggers we take the trades.

I have spent some time with Ineedpips in private working through some charting and setups so can appreciate that the knowledge that he has gained over the last few weeks took me years to learn....

So why this instead of a coin toss? The odds of success are better.

A long time ago, I asked my trade mentor, how much he made today...his response was, if you traded how I traded you wouldn't need to ask.

I am posting a simple H1 chart here. No, I don't take every trade, but when the fruit is ripe, I will take a bite, and if you trade like we trade, then you too would not need to ask.

Attached Image (click to enlarge)
Click to Enlarge Name: trades.jpg Size: 120 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #234,849
  • Jun 30, 2010 4:45pm Jun 30, 2010 4:45pm
Quoting Ineedpips9
If she doesn't crap or get off the pot in an hour or two,things might take a while to play out,if at all.Meaning,you can probably forget about confirmation happening.A wise man once told me that the Asian sessions do the exact opposite of the London/US sessions.

Again,only my opinion.
safe than sorry i like that
  • #234,850
  • Jun 30, 2010 4:46pm Jun 30, 2010 4:46pm
Quoting mygoldenpips
sorry to hear that..
i also newbie in forex..
i revesal trader..
i find low or high for today..
when price retest that low or high..that went i op..
SL above today high or low..with min SL..around 10-20pips max..
i not sure gu go 1.50 or not..
just hopening for retecment that all..
dont want to give u false hope..
just trade what u see and believe..
follow the forum for some TA and FA advice..
for me sometime hope and luck play a big row to get better entry with small SL..
that how i play the game..
tq bro...im still new....
and still leaning from u all the best trader...
but to many think to learn...
i have done demo acc about 1 year and make profit....but in real acc until today about 7 month it is 50-50....gain & loss.....
  • #234,851
  • Jun 30, 2010 4:51pm Jun 30, 2010 4:51pm
Nice response but still have not answered my question.

I'll take that back. You say it is better than a coin toss. Fine, no arguments here. But by saying it is better than a coin toss ....what exactly are you saying?

That a coin toss should be the standard of our success?



Sorry, did not mean to blow this thing out of proportion but when you think about it my question was very simple and straightforward. A simple Yes or NO would have sufficed.

If it works for you then go for it and I wish you well.
  • #234,852
  • Jun 30, 2010 4:53pm Jun 30, 2010 4:53pm
Quoting Magix
A little brash, but in fact a very valid question...

Some of us trade under a specific set of guidelines, where in knowing that the market will play through certain areas and price points several times, we don't feel the need to be in every trade, just the ones we are pretty sure we can prosper from, we don't need to pick tops and bottoms, when we can simple follow the movement of price.

A select set of criteria that must be met to move from support to new highs as well as from resistance to new lows...when we see the triggers we take the trades.

I...
wise man a lot in here they want some to give a call sell or buy

they dont want to go through the chart or there systems to find out

when and why to place a trade thats why we flip the coin 100 times

looking for a darn trade ,

how u been bro
  • #234,853
  • Jun 30, 2010 4:54pm Jun 30, 2010 4:54pm
Thanks Magix.I now look at charts with a completely different perspective!!!

Quoting Magix
A little brash, but in fact a very valid question...

Some of us trade under a specific set of guidelines, where in knowing that the market will play through certain areas.......
Words to live by Kill

Quoting kill56
safe than sorry i like that
  • #234,854
  • Jun 30, 2010 4:57pm Jun 30, 2010 4:57pm
Quoting Hound
Nice response but still have not answered my question.

I'll take that back. You say it is better than a coin toss. Fine, no arguments here. But by saying it is better than a coin toss ....what exactly are you saying?

That a coin toss should be the standard of our success?



Sorry, did not mean to blow this thing out of proportion but when you think about it my question was very simple and straightforward. A simple Yes or NO would have sufficed.

If it works for you then go for it and I wish you well.
Are you drunk? or just trying to be a complete dick smack? Perhaps a combination of both?

You asked a question and it was answered...

Do you want the stats on a trade-able/profitable system vs a coin toss?

And it is you who is setting the standard as a coin toss...if you would have asked him to compare his trades or charts to VSA or Candle Stick analysis, or Cobra or any of the zillion other trade systems available on the Internet, perhaps an answer you would have gained would be in comparison to those...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #234,855
  • Jun 30, 2010 5:00pm Jun 30, 2010 5:00pm
Quoting dzulfx
tq bro...im still new....
and still leaning from u all the best trader...
but to many think to learn...
i have done demo acc about 1 year and make profit....but in real acc until today about 7 month it is 50-50....gain & loss.....
keep learning bro..
i also keep learning every day..
learn a lot from master here
dont give up..
demo and live is not there same..
lot off diferrent factor..
pyshology play there role..
coz u using real money..
there key is patient..
there to understand buy at low,sell at high..
it sound simple, but to find low and high is hard..
that how u can control your SL..
i dont trade when price at the middle...
Revesal Trader
  • #234,856
  • Jun 30, 2010 5:03pm Jun 30, 2010 5:03pm
Quoting mygoldenpips
keep learning bro..
i also keep learning every day..
learn a lot from master here
dont give up..
demo and live is not there same..
lot off diferrent factor..
pyshology play there role..
coz u using real money..
there key is patient..
there to understand buy at low,sell at high..
it sound simple, but to find low and high is hard..
that how u can control your SL..
i dont trade when price at the middle...

thank for your advise.....
  • #234,857
  • Jun 30, 2010 5:03pm Jun 30, 2010 5:03pm
Quoting kill56
wise man a lot in here they want some to give a call sell or buy

they dont want to go through the chart or there systems to find out

when and why to place a trade thats why we flip the coin 100 times

looking for a darn trade ,

how u been bro
In all honesty kill, I was under the impression that he was like a lot of others that don't quite understand what is being said, when it is being said...

I would bet that if that were the case, there would be a lot of others of the same mind frame...why would I trade like this???

Answer to all who would ask, give it a shot, we seem to do pretty well just following the money...having an idea of where she goes next never hurts too...

I been grinding em out mango...didn't have a lot of love for cable yesterday, but caught a nice crunch down, exiting at the 1 Hr 200EMA this morning and reversing for a quick 20...

Sitting flat right now...I still believe there is a top 20ish that London hasn't seen and until we see confirmation of further downside, we could be seeing one last run at top.

Hows the little hitman doing?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #234,858
  • Jun 30, 2010 5:04pm Jun 30, 2010 5:04pm
Quoting Magix
Are you drunk? or just trying to be a complete dick smack? Perhaps a combination of both?

You asked a question and it was answered...
Why all the insults?

Why did my very simple and non-judgementel question cause you to react in such a hateful manner? Having a losing day?

If someone answered my question, then please post it for me, I did not see it. INEEDPIPS answered it, but all the other people who for some reason are getting so uptight over myvery simple question have not. So please show me where it has been answered if you cant then go FYM.

I am not drunk.

What is a Dick Smack? Sounds like something a High School kid would say.

Here is my prediction.

It is going to go up.....if not.....it is going down.

Coin toss.

  • #234,859
  • Jun 30, 2010 5:11pm Jun 30, 2010 5:11pm
trading ...

I have seen so many egos on here in last few weeks I keep mostly to my own thread. One guy talks about a system he has taken 6 years to devleop and it is top secret but makes him 15 k a week

Is trading really that hard that you need to spend decades learning a system or programming an EA ?

NO NOT AT ALL

being a successful trader is about 2 things

1) most important money management.

Here is a simple hulls moving average .. sell when it turns red buy when it turns green ... stops 40 pip , close trade as soon as a signal in opposite direction shows up . HOWEVER WHAT IS DAILY TREND AJ AND ES ? DOWN RIGHT SO ONLY TAKE SELLS . Took me baout 10 min to work that out not 6 years. just using this mickey mouse approach you would have made 160 pip on aj today . lets say you had 40 pip stops on each trade you would have had at least a 1:2 r/r ratio each trade

2) feel the market

what I mean by this is if es daily is bearish ... do not try being a hero and counter trend trade...I made over 25 points es today . I was only selling every rally unless globex highs broke. Recognize if a pair goes into range , is forming a bear or bull flag on higher time frames than the one you are trading etc etc

do you need some fancy system to be good at this .. no ... you need patience , logic and good mm

Attached Image (click to enlarge)
Click to Enlarge Name: chart01 au.jpg Size: 134 KB
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  • #234,860
  • Jun 30, 2010 5:15pm Jun 30, 2010 5:15pm
Quoting Hound
Why all the insults?

Why did my very simple and non-judgementel question cause you to react in such a hateful manner? Having a losing day?

If someone answered my question, then please post it for me, I did not see it. INEEDPIPS answered it, but all the other people who for some reason are getting so uptight over myvery simple question have not. So please show me where it has been answered if you cant then go FYM.

I am not drunk.

What is a Dick Smack? Sounds like something a High School kid would say.

Here is my prediction....
There are those of us who will take time to work with others while market is in a lull...some have taken your question as serious, some as a mocking statement..in any case, it fills a little space but is space that would best be used by nothing.

Personally, I have no use for you, and will not be bothered to reply to anymore of your tripe. You are a complete waste of my time and energy and I would hate this to sully my outlook towards other new comers.

And really, why do you losers think that when we have reached a break point and will no longer tolerate your shit, that we had a bad day?

Whatever...

Anyways...here again is the answer to your question #1 on the coin toss, see image posted..

On the dicksmack, have found a link for ya...
http://www.urbandictionary.com/defin...term=Dicksmack
Attached Image (click to enlarge)
Click to Enlarge Name: ds.jpg Size: 129 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
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