Cable Update (GBPUSD) | Page 14752 | 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)

  • #295,021
  • Dec 18, 2011 4:25pm Dec 18, 2011 4:25pm
If forex was gambling then why don't the traders invest in casinos
  • #295,022
  • Dec 18, 2011 4:46pm Dec 18, 2011 4:46pm
Quoting Tyoon
Haha, that is one of the best things I have read on this forum yet.
It's true do you know how many studies have been done to try to achieve it? lol.. I tried to make my AI in a game I made random but over a few mins you can pick up its tendencies. I used a neural network aswell which is a learning algorithm, and added some "randomness" to no avail.

Kudos to those who can come close!
  • #295,023
  • Dec 18, 2011 4:51pm Dec 18, 2011 4:51pm
Quoting sidhujag
I used a neural network aswell which is a learning algorithm, and added some "randomness" to no avail.
Their using neural networks with intermarket analysis with bots now. The more volume that is occupied by bots the better - it removes the emotional clutter from the charts.... in my theory.
  • #295,024
  • Dec 18, 2011 5:23pm Dec 18, 2011 5:23pm
Quoting Tyoon
Their using neural networks with intermarket analysis with bots now. The more volume that is occupied by bots the better - it removes the emotional clutter from the charts.... in my theory.

I doubt it will make the game easier to trade, as we are seeing now that s/r is not fully respected, even a break of s/r mostof the time is fake, to take out stops and then continue. Before a touch of support would be respected, now its not and doesn't necessarily mean that support was lost.

You will also see drastic moves because bots will jump in unattended on moves that "seem" good. Can be big players doing a big headfake hahah.

There is a program called neuroshell which does what you are saying, and is profitable from what I know. You have to know the theory, and train it and then see results. But it is alot of work like anything else. You can train your own brain to see patterns and train them the same way.
  • #295,025
  • Dec 18, 2011 5:30pm Dec 18, 2011 5:30pm
Quoting normfx
I don't do support and resistance trading..the majority do and they all lose..I placed one trade at the number in my signature..then I added another long trade at 1.5480. My target is 1.5656 with a trailing stop near that price to 1.5690. Btw - if you use small stops you are a guaranteed loser..the random prices movements will eat you alive. Oh, and ALL ea's that are designed using back testing will fail over time..guaranteed. You have a lot to learn grasshopper.
Ok you have bought at resistance and adding to a losing position in a bearish market, AND I HAVE A LOT TO LEARN! I will laugh at that
Come with me if you want to live....
  • #295,026
  • Dec 18, 2011 5:34pm Dec 18, 2011 5:34pm
Quoting Ill-b-back
Ok you have bought at resistance and adding to a losing position in a bearish market, AND I HAVE A LOT TO LEARN! I will laugh at that
hate to say this but when ppl are so certain of something saying they guarantee it about other people especially they really need to do a reality check on them self in order to be profitable in this business or any business for that matter. Maybe I'm wrong and he will prove us all he's better than that.
  • #295,027
  • Dec 18, 2011 5:42pm Dec 18, 2011 5:42pm
Quoting sidhujag
You can train your own brain to see patterns...
A lot of people over look this fact (sorry I did take that out of context a bit).
  • #295,028
  • Dec 18, 2011 6:08pm Dec 18, 2011 6:08pm
Quoting sidhujag
hate to say this but when ppl are so certain of something saying they guarantee it about other people especially they really need to do a reality check on them self in order to be profitable in this business or any business for that matter. Maybe I'm wrong and he will prove us all he's better than that.
Take a look at your last line in your own post. Who is certain?
Come with me if you want to live....
  • #295,029
  • Dec 18, 2011 6:11pm Dec 18, 2011 6:11pm
Quoting Ill-b-back
Take a look at your last line in your own post. Who is certain?
(you have a lot to learn grasshopper!) Sounds like someone certain of anothers abilities to me.
Come with me if you want to live....
  • #295,030
  • Dec 18, 2011 6:19pm Dec 18, 2011 6:19pm
Quoting Ill-b-back
Take a look at your last line in your own post. Who is certain?
I'm certainly not
  • #295,031
  • Dec 18, 2011 6:30pm Dec 18, 2011 6:30pm
Quoting Ill-b-back
Take a look at your last line in your own post. Who is certain?
By the way who said anything about "guaranteeing it", I certainly didn't, I think you have misread my post. I simply meant buying at resistance, 50 percent retrace from last major high in a bearish market, seemed to make no or very little sense. But you don't follow S/R levels, so maybe not relevant for me to comment. Approaching my entry at 1.5507, targeting you entry point.
Come with me if you want to live....
  • #295,032
  • Dec 18, 2011 6:34pm Dec 18, 2011 6:34pm
Quoting Ill-b-back
Final posts before heading to hospital to have our first baby.
Good bullish action off 1 hr trendline. At some possible brief resistance now. I see a good entry point at 5507 at recent dogi support, heading for 5590 before a good chance of a decline off the junction with 4 hr trendline and 50% retrace.

Thought you were off to have your first baby......go focus on that.....it is a once in a life time event. Also....from your above post looks like you are bullish? But other recent posts you say it is a bearish market....can u explain in between contractions?



Cheers.

Faller.
I don't trust any move - when you have profit...take it.
  • #295,033
  • Dec 18, 2011 6:35pm Dec 18, 2011 6:35pm
Quoting Ill-b-back
By the way who said anything about "guaranteeing it", I certainly didn't, I think you have misread my post. I simply meant buying at resistance, 50 percent retrace from last major high in a bearish market, seemed to make no or very little sense. But you don't follow S/R levels, so maybe not relevant for me to comment. Approaching my entry at 1.5507, targeting you entry point.
WHO are you talking to.
  • #295,034
  • Dec 18, 2011 6:52pm Dec 18, 2011 6:52pm
Fairly good chance of a rebound, with a fall later in Jan. My 2 ¢
  • #295,035
  • Dec 18, 2011 7:18pm Dec 18, 2011 7:18pm
Quoting Faller
Thought you were off to have your first baby......go focus on that.....it is a once in a life time event. Also....from your above post looks like you are bullish? But other recent posts you say it is a bearish market....can u explain in between contractions?



Cheers.

Faller.
I have mentioned in a previous post that I look at longer term and shorter term timeframes which means I have a longer term sentiment but like to take advantage of shorter term set ups that maybe counter trend. Basically, I feel we are heading to the 50 percent retrace at 5590 since we are moving off support, looking to buy at a retrace at 1.55 or so (we are there now). That is all, just a quick counter trend trade, nothing more. Waiting for price action confirmation though above 1.5510 before entering. We are at hospital very early, Caesarean at 1.30 so time to kill.
Come with me if you want to live....
  • #295,036
  • Dec 18, 2011 7:25pm Dec 18, 2011 7:25pm
dude get off tradig and focus on her what are u doing?? Also yea your playing for small peas buy you should stick to your longterm and get in after retrace is done because most of the time retrace comes unexpected
  • #295,037
  • Dec 18, 2011 7:32pm Dec 18, 2011 7:32pm
Quoting sidhujag
hate to say this but when ppl are so certain of something saying they guarantee it about other people especially they really need to do a reality check on them self in order to be profitable in this business or any business for that matter. Maybe I'm wrong and he will prove us all he's better than that.
.
Come with me if you want to live....
  • #295,038
  • Dec 18, 2011 7:32pm Dec 18, 2011 7:32pm
Quoting Ill-b-back
I have mentioned in a previous post that I look at longer term and shorter term timeframes which means I have a longer term sentiment but like to take advantage of shorter term set ups that maybe counter trend. Basically, I feel we are heading to the 50 percent retrace at 5590 since we are moving off support, looking to buy at a retrace at 1.55 or so (we are there now). That is all, just a quick counter trend trade, nothing more. Waiting for price action confirmation though above 1.5510 before entering. We are at hospital very early, Caesarean at...
Nice response....thanks! Also - All the best with the first born.....I remember our first also.....she is 7 now - time flies.

Enjoy the moment.
I don't trust any move - when you have profit...take it.
  • #295,039
  • Dec 18, 2011 7:36pm Dec 18, 2011 7:36pm
Quoting sidhujag
dude get off tradig and focus on her what are u doing?? Also yea your playing for small peas buy you should stick to your longterm and get in after retrace is done because most of the time retrace comes unexpected
You are so right. I am quite obsessive and need to get back on touch. Just a little bored waiting. Will stick to my trading this coming week on home breaks from the hospital since busy market times happen during Aussie evenings where I live. I do need a reality check, so right, I love trading too much. Thanks for your advice/concern etc.
Come with me if you want to live....
  • #295,040
  • Dec 18, 2011 7:47pm Dec 18, 2011 7:47pm
Quoting redsword11
Attachment

http://www.nobrainertrades.com/stuff...inertrades-com

before anyone asks, QM explanation above
very subtle
I had the same thoughts about DX. But it seems fundi things have not been impartial.

the U.S. side (slightly) getting better while the euro zone is getting worse, no real solutions other than 'kick the can down the road.

imho ecb is digging a deeper hole by buying bonds with no deficit cuts reforms in each countries.



bearish divergences on DX daily.
Attached Image (click to enlarge)
Click to Enlarge Name: dx-1219.png Size: 25 KB
1,341 traders viewing now