Cable Update (GBPUSD) | Page 12474 | 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)

  • #249,461
  • Aug 27, 2010 12:34pm Aug 27, 2010 12:34pm
Quoting bbakker
I don't think you're his mate now!
Nor do I. Like I said earlier - I am a dead man in this thread now!

That's what you get for going up against god (with a very, very, very small "g")
  • #249,462
  • Edited 12:47pm Aug 27, 2010 12:37pm | Edited 12:47pm
Quoting bbakker
I don't think you're his mate now!

Irrelevant to me.

But look at where the dollar is now especially on fibre, those traders that actually paid attention to what I was trying to say before I got rudely interrupted by some !d!ot taking credit for a rebalancing move with some silly technical chart, would have seen what the move really was and would have used the correlation between the DOW, Dollar and Sterling values and would have made some serious money in a very easy way and would have recognised that this occurs monthly and has done so for over 100 years.

Rebalancing is just about the easiest way to make money on a freaky Friday. There are lots more recurring calendar items that happen in the market that can be traded just as simply.

Just know when the big boys do their scheduled buying, from dividends, to rebalancing, to EU payments, to BIS schedules, to Debt auctions, they are all publicly available and easy as pie to trade.

Today has been an easy 70 pips up and 40 pips down sofar on Cable, which had nothing to do with scipionz's silly tech chart and purely with rebalancing.

He didn't like it when I called him an obvious fake in public and had some of his cronies try to back him up, but I don't care, his long is barely at BE and I played the rebalancing move as a textbook way to make some easy money.
  • #249,463
  • Edited 12:55pm Aug 27, 2010 12:38pm | Edited 12:55pm
Quoting Magix
And exactly what is it that you are adding?

Perhaps leading by example might be a place to start.

Just a thought.
I came here not to show off my wisdom but to find some banter, exchange pleasantries and pass time with like minded others. Would have posted but when I found tha posts without Charts were not appreciated, I refrained from even that because getting in wrangles wouldn't help me or others.

What I am contributing ? I am trying to keep it clean. Trying to remind others that Forums are not Forex Schools - for that pay some Mentor - don't expect free Lunch.

I have invested a lot of time and money to know what I know - I do not have to prove anything to ANYONE. I think this Forum does not specify that evey member has to post what is useful to others.

FYI, I have made some good friends here - Forex is NOT LIFE. If it is your whole life then you are missing what you had learnt on your Far Eastern sojourn which you referred to before in one of your Post.

You will never be able to correct the whole world, so better leave it at least as good as when you started if not better.

Another thing, I do not day trade.

Good Night now, I am GMT + 7.
  • #249,464
  • Aug 27, 2010 12:39pm Aug 27, 2010 12:39pm
Quoting Magic Hat
Hi BBakker - managed to get out of work early then? Are you still holding onto your short from yesterday?

Also - will you be trading on Monday? Only started trading in June so never traded on a bank holiday before...imagine the volume is lower than normal!


Wife has gone out and the little one has already had a pee all over my living room floor. She's only 2 and in the process of potty training, bless... I wasn't saying bless to her this morning when she leaked all over my leather sofa... grrrr!

Otherwise I am still holding. Got TP1, waiting for TP2 and still using original SL. I will keep it open over the weekend.

http://www.forexfactory.com/showthre...67#post3981567

I will be looking for new opportunties on Sunday evening and Monday morning as I have family coming round Monday lunchtime.

Time for bedtime stories for my little two.

Have a great weekend.
  • #249,465
  • Aug 27, 2010 12:42pm Aug 27, 2010 12:42pm
Quoting bbakker


Wife has gone out and the little one has already had a pee all over my living room floor. She's only 2 and in the process of potty training, bless... I wasn't saying bless to her this morning when she leaked all over my leather sofa... grrrr!

Otherwise I am still holding. Got TP1, waiting for TP2 and still using original SL. I will keep it open over the weekend.

http://www.forexfactory.com/showthre...67#post3981567

I will be looking for new opportunties on Sunday evening and Monday morning as I have family coming...

Sounds splendid. Enjoy the bank holiday weekend.
  • #249,466
  • Aug 27, 2010 12:48pm Aug 27, 2010 12:48pm
On that you are correct, and I thank you for this and all the other insightful information that you have provided over the past two months that I've been following this thread. It is much appreciated.

Quoting cloggie
What would you rather have, someone to call out the fakers and ridiculous technical analysis posted by some here or 200 noobs viewing this and actually believing the fakers and following them?

Here we had someone taking credit for a reversal that he had "predicted" when it was in effect the result of the way the market has worked for over 100 years. It was so blatantly a fake, that I had to call him on it.

At least now, his next "technical analysis" will be taken with a large dose of salt by most who witnessed his failure today.

I can guarantee...
  • #249,467
  • Edited 1:00pm Aug 27, 2010 12:49pm | Edited 1:00pm
Quoting PipGrabber
On that you are correct, and I thank you for this and all the other insightful information that you have provided over the past two months that I've been following this thread. It is much appreciated.

And that's why I keep doing it, I help out some noobs here that are interested in becoming traders and unmask a few fakes along the way.

Two birds with one stone.

The only thing missing today is a few scammers here managing money or trying to flog a $99 PDF. Just about a perfect day on the thread. Loads of entertainment.

You reckon we are going to see another chart now from psicionz claiming the move down following the rebalancing as his prediction? He must have a post hidden somewhere he could use for this.
  • #249,468
  • Aug 27, 2010 1:02pm Aug 27, 2010 1:02pm
This thread shaall reign in brutality
execute pips in fatality
love shared in large quantity,
behold the pips stunner's pip crazy mentality



1,100 pips and counting.....




Attached Image (click to enlarge)
Click to Enlarge Name: fx1.gif Size: 76 KB
  • #249,469
  • Aug 27, 2010 1:26pm Aug 27, 2010 1:26pm
Interesting ... every time frame from M1 to H4 the 200EMA is in play.

  • #249,470
  • Aug 27, 2010 1:27pm Aug 27, 2010 1:27pm
Quoting pips stunner

1,100 pips and counting.....




Attachment
well done but... hidden agenda much?
  • #249,471
  • Aug 27, 2010 1:31pm Aug 27, 2010 1:31pm
Quoting vilas
Correctly stated ! Trading is just that - no one is right all the time. So, if everyone sticks to what you have rightly stated, and keeps himself out of other's hair, this thread will again become healthy. At present the teachers are making it toxic to sanity !

But I wouldn't agee that posting trades without Charts are waste of space. The Newbies can just copy it and make money - everyone is here to MAKE MONEY AND NOT really for learning. Those can trade but do not use convenient Platforms should not be singled...
I strongly disagree. I trade to make money. I read this forum (and have started to participate in it), in order to learn from people who know more about trading forex than I do. I also read this forum for entertainment, which for the most part it provides in ample portions.

Quoting fxoxford
we all have our own way of trading just because some one don't trade your way doesnt make them a bad trader and there's no need to get mad at that trader. good luck to all
I don't believe anyones style of trading has been called into question. Cloggie took someone up for congratulating themselves over a trading prediction that was right for the wrong reasons. It is critically important, to me at least, that someone does this - someone that I can trust to be correct. Otherwise, unless I know better, I might learn from the guy that was right for the wrong reasons. How can I learn who to trust on this forum? By lurking here for a couple of months and reading every post, and slowly deducing which people fail to be logically consistent with the facts, logically consistent with themselves, and by noticing those that get called out for these inconsistencies without a valid rebuttal.

Quoting david777
Look Cloggie, you are obviously a good trader and are trying to help others. I respect you for that.

But please, please, please back off with the nastiness and intolerance!!!!!!!!!!
It is obviously not in Cloggies nature to suffer fools gladly. Provided his treatment of others stays within reasonable bounds, I don't believe it is for us to ask him to modify his character when he freely donates his own time for the definite benefit of others using the forum. I for one think that this forum would be greatly diminished if he chose not to spend his time here, and the same goes for several other folk who I have gradually learned to trust their wisdom - wormboy, bbakker, TauTrader, fudyomo, Magix, digger1, and others I may have forgotten.

I haven't put anyone on my iggy list, because despite the high signal to noise ratio of some peoples posts with regard to trading, the banter provides the entertainment I mentioned. I still think it is important that people like fxoxford and Scipionz make their posts, but I cannot see why they should get so pissy when they are called out for posting plop. If (probably more like 'when') I post something that is 100% pure turd, and one of the experienced traders deigns to correct me, I will gladly take it in whatever form it is delivered. I am here to learn.
"Sell? Sell? No! I can't Sell! I'll Sell When I'm Dead"
  • #249,472
  • Aug 27, 2010 1:39pm Aug 27, 2010 1:39pm
Quoting autopips
I strongly disagree....

Great attitude here my friend. Welcome to the asylum.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #249,473
  • Aug 27, 2010 1:42pm Aug 27, 2010 1:42pm
Quoting AllyB
Interesting ... every time frame from M1 to H4 the 200EMA is in play.

Like docs compression patterns, this is a TF compression. All ducks in a row, direction not clear. the m1-30 200emas are within a couple of pips, H4 for support, H1 for resistance... buys off bottom, will the day close green to gap to the north, or headfake and dump?

Bank holiday Monday...No clear direction...

The suspense is already killing me....
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #249,474
  • Aug 27, 2010 1:46pm Aug 27, 2010 1:46pm
Quoting Magix
Great attitude here my friend. Welcome to the asylum.

I second that... As I've said before... Wheat and chaff Logic in an illogical market will prevail!
  • #249,475
  • Aug 27, 2010 1:48pm Aug 27, 2010 1:48pm
Quoting Magix

The suspense is already killing me....
Me too!
  • #249,476
  • Aug 27, 2010 1:51pm Aug 27, 2010 1:51pm
Quoting Magix
Like docs compression patterns, this is a TF compression. All ducks in a row, direction not clear. the m1-30 200emas are within a couple of pips, H4 for support, H1 for resistance... buys off bottom, will the day close green to gap to the north, or headfake and dump?

Bank holiday Monday...No clear direction...

The suspense is already killing me....
I was intending to keep my current (short) position open. Is Bank Holiday Monday likely to be some kind of bizarre wild ride with no obvious purpose or reason, or dead like Asia normally is? Should I close out now?
"Sell? Sell? No! I can't Sell! I'll Sell When I'm Dead"
  • #249,477
  • Aug 27, 2010 1:55pm Aug 27, 2010 1:55pm
Quoting autopips
I was intending to keep my current (short) position open. Is Bank Holiday Monday likely to be some kind of bizarre wild ride with no obvious purpose or reason, or dead like Asia normally is? Should I close out now?
Monday will be the epitome of Summer trading with London closed and the last long weekend before normal service resumes in two weeks time. Lots of NY boys won't even show up knowing that it will be dead. Keeping a trade open over a 3 day weekend is something you need to decide for yourself.
  • #249,478
  • Aug 27, 2010 1:56pm Aug 27, 2010 1:56pm
Quoting autopips
It is obviously not in Cloggies nature to suffer fools gladly. Provided his treatment of others stays within reasonable bounds,

Spot on. Welcome to the nuthouse. If I do go too far in calling out the turds, let me know.

But anyone posting here is up for critisism, including me. If someone can't handle critisism they should print out their little chart and bluetack it to the wall, nobody will then call them on it.
  • #249,479
  • Aug 27, 2010 1:59pm Aug 27, 2010 1:59pm
Gathering for a show-down.

Dr. D.
Attached Images
  • #249,480
  • Aug 27, 2010 2:00pm Aug 27, 2010 2:00pm
Quoting autopips
I strongly disagree....
you learn from yourself, i don't think to many people every build a system base on some one else, they might of help you on certain thing but only you can make yourself a better trader
363 traders viewing now