Cable Update (GBPUSD) | Page 12470 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #249,381
  • Aug 27, 2010 10:12am Aug 27, 2010 10:12am
Quoting AdrianHNV
Yup and it's nearly impossible to teach old dogs new tricks...............
the beauty of this job is you never stop learning, so it never gets boring.

btw: you never shared with us how you use correlation as an entry signal. (I'm still curious)

maybe next week you could post an entry with your logic for taking the trade.
  • #249,382
  • Aug 27, 2010 10:12am Aug 27, 2010 10:12am
Who would have tunk!....
LOL!....

http://www.forexfactory.com/showthre...99#post3980299

.................. I must be the only one on my planet...........
posted 15hrs ago....

Quoting LostMyShirt
Hope the shorts are having a lot of fun now..lol
"Flip that coin!"
  • #249,383
  • Aug 27, 2010 10:15am Aug 27, 2010 10:15am
Quoting Fudomyo
the beauty of this job is you never stop learning, so it never gets boring.

btw: you never shared with us how you use correlation as an entry signal. (I'm still curious)

maybe next week you could post an entry with your logic for taking the trade.
I'll second that one... Always curious to learn a new trick or two.
  • #249,384
  • Aug 27, 2010 10:15am Aug 27, 2010 10:15am
Quoting Scipionz
Who would have tunk!....
LOL!....

http://www.forexfactory.com/showthre...99#post3980299

.................. I must be the only one on my planet...........
posted 15hrs ago....

Got nothing to do with it, typical rebalancing nothing else, you can't justify a move like this with an unrelated technical setup you may or may not have posted.

Don't mix your fundies and techies. And don't try to justify one with another, just makes you look a bit silly.

I gave you a proper headsup with the proper reasoning:

Quoting cloggie
Monthly rebalancing starting now, let's see how in demand the dollar is, we've had quite a drop in the DOW this month so could see some nice fluctuations here in dollar and yen prices.
  • #249,385
  • Aug 27, 2010 10:22am Aug 27, 2010 10:22am
Quoting Fudomyo
the beauty of this job is you never stop learning, so it never gets boring.

btw: you never shared with us how you use correlation as an entry signal. (I'm still curious)

maybe next week you could post an entry with your logic for taking the trade.
Yes may-bee I will.

Although as I have said before, I do not trade from this computer so it will have too be in words alone. Not that, that will be a problem. I enjoy writing/typing.

It's what we Bees are good at after all..................
  • #249,386
  • Aug 27, 2010 10:22am Aug 27, 2010 10:22am
Quoting cloggie
Monthly rebalancing starting now, let's see how in demand the dollar is, we've had quite a drop in the DOW this month so could see some nice fluctuations here in dollar and yen prices.
Attached Image


DIX saw a nice drop on the h1 into a demand area. Still, we could see GU go higher still.
  • #249,387
  • Aug 27, 2010 10:28am Aug 27, 2010 10:28am
Quoting cloggie
Got nothing to do with it, typical rebalancing nothing else, you can't justify a move like this with an unrelated technical setup you may or may not have posted.

Don't mix your fundies and techies. And don't try to justify one with another, just makes you look a bit silly.

I gave you a proper headsup with the proper reasoning:
Muahahhh!
You make me laugh, but I'm also tired about you and your big nose.

You are so full of pretention..... its stinks.

Why then you haven't take the call if its THAT typical... LOL!
The PROPER headsup.... like if you know it all, as about the hedging subject last time.
( I can't call it hedging, its multy stat stragtegy... tssss).

-----------------------

You asked yesterday why ppl were long like they were stupid.
I did answer you propely and you tough I was ridiculising you.

Now... 15 hrs later we are were I tough it would be, while you ask your self " where it going to lead us"....

Stop playing word game whit me.
In fact this move have done my day + 1, so I wont take time to argue whit you and wish you a nice week end ....
While you ask yourself questions....

Its nothing about you and me my "friend".
Its me vs the market.

Do the same and pass by my post from now on, I'll do the same.
Keep on the groopies thing....

Cya!
"Flip that coin!"
  • #249,388
  • Aug 27, 2010 10:30am Aug 27, 2010 10:30am
Can a live account be any cleaner???? 900 pips and counting down


Attached Image (click to enlarge)
Click to Enlarge Name: fx1.gif Size: 75 KB
  • #249,389
  • Aug 27, 2010 10:31am Aug 27, 2010 10:31am
Quoting Scipionz
Muahahhh!
You make me laugh, but I'm also tired about you and your big nose.

You are so full of pretention..... its stinks.

Why then you haven't take the call if its THAT typical... LOL!
The PROPER headsup.... like if you know it all as about the hedging subject.

-----------------------

You asked yesterday why ppl were long like they were stupid.
I did answer you propely and you tough I was ridiculising you.

Now... 15 hrs later we are were I tough it would be, while you ask your self " where it going to lead us".......
Stop digging a hole once you are neck deep in it. A broken watch is right twice a day and that is you.

I mention the rebalancing once a month:

Quoting cloggie
No news, just monthly balancing EG, EU balancing will be at 1500.
So either learn how the markets work or else keep your trap shut because it really shows your ignorance clearly for all to see.

It is pretty silly to quote a post you made 15 hours ago that has zero relevance to what is happening. But like you said you are the only one in the world who believes it.

Keep digging kiddo. And thanks for the entertainment value.

And just to clarify, taking opposing trades in the same currency pair is not hedging, but again you are the only one in the world who believes your tripe.
  • #249,390
  • Aug 27, 2010 10:32am Aug 27, 2010 10:32am
Quoting AdrianHNV
Yes may-bee I will.

Although as I have said before, I do not trade from this computer so it will have too be in words alone. Not that, that will be a problem. I enjoy writing/typing.

It's what we Bees are good at after all..................
some people can't post charts, so they post their entries and reasoning before they take trades using words. that's perfectly reasonable.

so how do you use correlation as an entry signal?
  • #249,391
  • Aug 27, 2010 10:33am Aug 27, 2010 10:33am
It'll be goodbye for the trading day. All expectations messed. Now time for something very cold. . . . Real cold. Have a good weekend, but will return though to do some study.

Peace!
Mystery Is The Final Product Of Ignorance. Hey! What's ma chart doin'
  • #249,392
  • Aug 27, 2010 10:41am Aug 27, 2010 10:41am
LOL, you did call this 82 pips call a month ago?!?!
Muahhahahhha!

Witch hole? Im DAM positiv this month, around 25%.
I see no hole.... but I see 1.5522, hehe!

And can't I show my ignorance, this mean that you will diss me?!?
Aren't here to learn you said before?! Tsss....

Ok, you get the ignore iggy list award!
Cya.....

-------------------------

Good week- end all!
Sorry for this!

Later!

Quoting cloggie
Stop digging a hole once you are neck deep in it. A broken watch is right twice a day and that is you.

I mention the rebalancing once a month:



So either learn how the markets work or else keep your trap shut because it really shows your ignorance clearly for all to see.

It is pretty silly to quote a post you made 15 hours ago that has zero relevance to what is happening. But like you said you are the only one in the world who believes it.

Keep digging kiddo. And thanks for the entertainment value.

And just to clarify,...
Attached Image
"Flip that coin!"
  • #249,393
  • Aug 27, 2010 10:47am Aug 27, 2010 10:47am
Quoting Scipionz
LOL, you did call this 82 pips call a month ago?!?!
Muahhahahhha!

Witch hole? Im DAM positiv this month, around 25%.
I see no hole.... but I see 1.5522, hehe!

And can't I show my ignorance, this mean that you will diss me?!?
Aren't here to learn you said before?! Tsss....

Ok, you get the ignore iggy list award!
Cya.....

-------------------------

Good week- end all!
Sorry for this!

Later!
No you muppet that post referred to the rebalancing on that Friday, did you know there is a last Friday in every month 12 times a year?

You sure are adding to your stupidity level here, if I were you I'd crawl back under that rock before you win the moron of the week award....

And the hole I was referring to is the one you continue to dig for yourself.

For the ones that are not as stupid as you:

You can clearly see the DOW going up right now because stocks are in demand to make up for the downfall in value over the last 4 weeks, portfolios need to add shares to maintain the percentage allocation of their overall value, that means that the dollar is selling of, so in turn both fibre and cable are retracing, nothing special, normal course of events.

If a portfolio manager has an allocation of say 47% stocks in his portfolio that he manages, then once the price has fallen during the course of the month he would need to add physical shares to maintain that 47% ratio.
  • #249,394
  • Edited 10:58am Aug 27, 2010 10:47am | Edited 10:58am
Quoting Fudomyo
some people can't post charts, so they post their entries and reasoning before they take trades using words. that's perfectly reasonable.

so how do you use correlation as an entry signal?
By using the three hourly charts and also corresponding 5 minute charts for each of the pairs. On the following currency pairs:

USD/CHF EUR/USD GBP/USD on a 'true correlation' when the price for instance of the USA/CHF goes down and the other two go up in correlation with each other, then I would place a trade order on the GBP/USD in the direction in which the price is going which in this case would be a 'buy trade' going up!

If however the USD/CHF was to go up the opposite would happen.

Which is the reason why I do not in general care which way the price goes... I also stay in the trade usually for a maximum of 15 minutes.

If it happens to turn tail and run opposite way I would of course get out. Even if it means loosing say upto -20/25 pips. Fortunately as time has gone along and my experience has grown, I tend not too allow my - pips go that far, normally out between 6 - 10 minus pips in a wrong trade.

Obviously there is more too it than just this , but this is a good outline.
  • #249,395
  • Aug 27, 2010 10:49am Aug 27, 2010 10:49am
Quoting Scipionz
Muahahhh!
You are so full of pretention..... its stinks.
I'm with you man. That was a purely technical move and you nailed it. Nothing to do with being the last Friday of the month. Cloggie must have a truly enormous nose, he's so full of it. Where do you reckon it's heading next?

P.S. I love your maniacal laughter. Muhahahahaaahaaaaa.
"Sell? Sell? No! I can't Sell! I'll Sell When I'm Dead"
  • #249,396
  • Aug 27, 2010 10:52am Aug 27, 2010 10:52am
Quoting AdrianHNV
USD/CHF EUR/USD GBP/USD on a 'true correlation' when the price for instance of the USA/CHF goes down and the other two go up in correlation with each other, then I would place a trade order on the GBP/USD in the direction in which the price is going which in this case would be a 'buy trade'!

If however the USD/CHF was to go down the opposite would happen.

In second instance do you mean going up, not down ..?
******************* I'd rather make money than be right.
  • #249,397
  • Aug 27, 2010 10:56am Aug 27, 2010 10:56am
Quoting 4xStar
In second instance do you mean going up, not down ..?
Yup sorry,was distracted when writing it ,............


FIXED IT NOW......... thanks for pointing out............
  • #249,398
  • Aug 27, 2010 10:58am Aug 27, 2010 10:58am
Quoting autopips
I'm with you man. That was a purely technical move and you nailed it. Nothing to do with being the last Friday of the month. Cloggie must have a truly enormous nose, he's so full of it. Where do you reckon it's heading next?

P.S. I love your maniacal laughter. Muhahahahaaahaaaaa.

It happens every last Friday of the month and has done so for over 100 years, nothing technical about it.

You may not agree with it, you may not like it but that is absolutely irrelevant.
  • #249,399
  • Aug 27, 2010 10:59am Aug 27, 2010 10:59am
Quoting cloggie
It happens every last Friday of the month and has done so for over 100 years, nothing technical about it.

BTW, what do you call two !d!ots agreeing with each other?
I think you missed my sarcasm.
"Sell? Sell? No! I can't Sell! I'll Sell When I'm Dead"
  • #249,400
  • Aug 27, 2010 11:00am Aug 27, 2010 11:00am
Quoting autopips
I think you missed my sarcasm.

Put a smiley at the end of it next time eh?
482 traders viewing now