Cable Update (GBPUSD) | Page 15489 | 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)

  • #309,761
  • Edited 3:09pm Apr 25, 2012 2:57pm | Edited 3:09pm
Quoting PoundTrader
A guy walks into a barbershop and notice it was full so he ask the barber how long will it be before he gets a cut, the barber said about 2hrs, so the guy leaves, the same guy comes back the next day and ask again how long will it be before i get a haircut, the barber said about an hour, so the guy leaves again, he comes back the next day and ask again how long will it be before i get a hair cut, the barber said about hlf hour, so the guy leaves again, so the barber tells one of his clients il give you a free hair cut if you follow that guy and...


Ill-b-back :- the guy is messing with the guys wife..if u didnt get it
  • #309,762
  • Apr 25, 2012 2:58pm Apr 25, 2012 2:58pm
Quoting Faller



Trade what you see but be aware of thy enemy.

Faller
Only 1 group getting stung by the enemy for
Now
Come with me if you want to live....
  • #309,763
  • Apr 25, 2012 3:36pm Apr 25, 2012 3:36pm
Quoting nAVIN2007

Ill-b-back :- the guy is messing with the guys wife..if u didnt get it
Ahhh sh!t don't tell me that bro, my wife's home "alone" most of the day
Come with me if you want to live....
  • #309,764
  • Apr 25, 2012 4:00pm Apr 25, 2012 4:00pm
Quoting Ill-b-back
Ahhh sh!t don't tell me that bro, my wife's home "alone" most of the day
  • #309,765
  • Apr 25, 2012 4:21pm Apr 25, 2012 4:21pm
Quoting nAVIN2007
well navin im long with you at 1.6135 with a t/p at 1.6292http://www.pic4ever.com/images/acigar.gif
  • #309,766
  • Apr 25, 2012 5:16pm Apr 25, 2012 5:16pm
A lot of talk in this thread recently about market manipulation. Generally people that talk about so called manipulation are nursing losing positions or having a bad day/time of it in their P&L, and are looking for someone/something to blame. It's funny how you don't hear anyone talk about manipulation who are in a winning position - Lol ! Very often when the market doesn't react the way they think it should - they consider the only reason can be that the market is being manipulated, but of course the real reason is that the market didn't agree with their analysis/what they thought, and the market is never wrong - only we can be wrong. That's the way it is - you gotta accept it or leave the playing field.

Gbpusd accounts for some 11%+ of global forex trading which is estimated at over $3trillion per day, - that is a $330billion/day market - how feasible do you think manipulation is in a market like this ?

Supply and demand drive price and wheresoever that supply/demand comes from - doesn't make it maniuplation in the sense the conspiracy theorists think of it. Of course we all want price to go in the direction of our trade and there will be participants in the market whose sheer size of orders/influence/effect can be greater than others but outright manipulation is very very unlikely in this global multi participant otc market.

Other readers will make up their own mind but it is fair that they should have a balanced view.

G/L
ex member
  • #309,767
  • Apr 25, 2012 5:32pm Apr 25, 2012 5:32pm
Quoting bbmac
A lot of talk in this thread recently about market manipulation. Generally people that talk about so called manipulation are nursing losing positions or having a bad day/time of it in their P&L, and are looking for someone/something to blame. It's funny how you don't hear anyone talk about manipulation who are in a winning position - Lol ! Very often when the market doesn't react the way they think it should - they consider the only reason can be that the market is being manipulated, but of course the real reason is that the market didn't agree...
weel said bbmac!
i would like to give you another vouch for this post but i can't!

but.... it's impossible that everybody understand this fact in its deep meaning.

i always say "if there is a move you have 2 possibilities: trade it, or not trade it". doesn't matter the reason of the move because meanwhile you search the reasons of a move, the move has already completed. and if a trader is not ready to accept this fact, when he will be ready, market will reverse down and so the move will always be wrong in that brain.

trading is not for everybody!
90% of traders use TA, indicators and prediction
  • #309,768
  • Apr 25, 2012 5:35pm Apr 25, 2012 5:35pm
Quoting PoundTrader
A guy walks into a barbershop and notice it was full so he ask the barber how long will it be before he gets a cut, the barber said about 2hrs, so the guy leaves, the same guy comes back the next day and ask again how long will it be before i get a haircut, the barber said about an hour, so the guy leaves again, he comes back the next day and ask again how long will it be before i get a hair cut, the barber said about hlf hour, so the guy leaves again, so the barber tells one of his clients il give you a free hair cut if you follow that guy and...
Sorry bro, I'm just a dumb ass
Come with me if you want to live....
  • #309,769
  • Apr 25, 2012 5:37pm Apr 25, 2012 5:37pm
Quoting Ill-b-back
Sorry bro, I'm just a dumb ass
http://www.pic4ever.com/images/157fs837411.gif
  • #309,770
  • Apr 25, 2012 5:37pm Apr 25, 2012 5:37pm
coz i see this one mate ....
Quoting PoundTrader
you said ( let sell at the bottom and buy at the top ) and i said lets talk about it http://www.pic4ever.com/images/snapoutofit.gif
Attached Image (click to enlarge)
Click to Enlarge Name: rumah-terbalik-3.jpg Size: 79 KB
not euphoria follower
  • #309,771
  • Edited 6:13pm Apr 25, 2012 5:38pm | Edited 6:13pm
Quoting bbmac
A lot of talk in this thread recently about market manipulation. Generally people that talk about so called manipulation are nursing losing positions or having a bad day/time of it in their P&L, and are looking for someone/something to blame. It's funny how you don't hear anyone talk about manipulation who are in a winning position - Lol ! Very often when the market doesn't react the way they think it should - they consider the only reason can be that the market is being manipulated, but of course the real reason is that the market didn't...
Sorry to always sound like i disagree with you but, the real reason why I think its manipulated at the moment is the fact that Correlations are off... on normal conditions, US equities Goes up with the US dollar goes down and vice versa, in fact right now.... The GBP goes up with FTSE going up, this is not normal....


Well when your facts about 11% GBPUSD trade in the world with 300 billion per day.... well Manipulation is FEASIBLE... because banks works together to manipulate it...

UPDATE: BTW my personal account balance is still growing... DESPITE me saying manipulation is in the air.... im still making money... i guess that counter's your argument.... in fact have you ever thought about the fact people actually DO make money by calling the manipulations??
i mean look at analysts in the banks, even THEY know the markets are manipulated and hell they still make money doing their job....
So PLEASE... dont ever think the reason people are saying the market is manipulated simply because they are losing money...
ALSO ALSO!!! does it occur to you that BANKS can MANIPULATE MARKET at different Sessions?? i mean ASIA's the Best time for manipulation because its CHEAP to do so.... takes maybe 10 billion to move the GBPUSD up in LOW LIQUIDITY ASIA session... soooo yea go figure
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #309,772
  • Apr 25, 2012 5:45pm Apr 25, 2012 5:45pm
I wonder if a change in sentiment towards the USD as a preferred safe haven could throw correlations off completely. Man, I must be sounding like a broken record.
Come with me if you want to live....
  • #309,773
  • Apr 25, 2012 5:50pm Apr 25, 2012 5:50pm
Quoting iqyu5an
coz i see this one mate ....
Some damn fool took out a mortgage on the titanic
Come with me if you want to live....
  • #309,774
  • Apr 25, 2012 6:32pm Apr 25, 2012 6:32pm
Quoting iqyu5an
coz i see this one mate ....
lol
  • #309,775
  • Apr 25, 2012 6:39pm Apr 25, 2012 6:39pm
Quoting bguguen
Sorry to always sound like i disagree with you but, the real reason why I think its manipulated at the moment is the fact that Correlations are off... on normal conditions, US equities Goes up with the US dollar goes down and vice versa, in fact right now.... The GBP goes up with FTSE going up, this is not normal....


Well when your facts about 11% GBPUSD trade in the world with 300 billion per day.... well Manipulation is FEASIBLE... because banks works together to manipulate it...

UPDATE: BTW my personal account balance is still...
Your account shows you $82 down for the year.
Come with me if you want to live....
  • #309,776
  • Apr 25, 2012 6:43pm Apr 25, 2012 6:43pm
Quoting bguguen
Sorry to always sound like i disagree with you but, the real reason why I think its manipulated at the moment is the fact that Correlations are off... on normal conditions, US equities Goes up with the US dollar goes down and vice versa, in fact right now.... The GBP goes up with FTSE going up, this is not normal....


Well when your facts about 11% GBPUSD trade in the world with 300 billion per day.... well Manipulation is FEASIBLE... because banks works together to manipulate it...

UPDATE: BTW my personal account balance is still growing......
if there is a manipulation, so then:
who is the manipulator?
why do UK should allow that someone manipulate their currency?
why do world would accept that UK manipulate their currency?

manipulation does not exist
if exist, it is about what we poor traders call as tech correction and gap fillings etc. but in that case is not manipulation is an agreed by every government complex algo software which fill trillions of orders in one direction or the other.

a move like this in GBP/everything can not be manipulated by anyone in this planet.

maybe some one in another parallel universe could try...

jokes a part, market is far more complex than we could imagine.
and the above is just my idea.....

good luck
time to sleep here after babysitting my AJ longs... lol i manipulated market to move price up some 5 pips
90% of traders use TA, indicators and prediction
  • #309,777
  • Apr 25, 2012 6:47pm Apr 25, 2012 6:47pm
Quoting Ill-b-back
Your account shows you $82 down for the year.
hmmm look at balance my friend look at balance... and yea equity is gona pop back up soon enough dont you worry about that...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #309,778
  • Apr 25, 2012 6:49pm Apr 25, 2012 6:49pm
Quoting bguguen
hmmm look at balance my friend look at balance... and yea equity is gona pop back up soon enough dont you worry about that...
So how did balance suddenly jump last week while you losing money year to date. Injection of more funds to save your ass??? Care to explain? Fund injection does not count as account growth sorry to say.
Come with me if you want to live....
  • #309,779
  • Apr 25, 2012 6:52pm Apr 25, 2012 6:52pm
Quoting Ill-b-back
So how did balance suddenly jump last week while you losing money year to date. Injection of more funds to save your ass??? Care to explain? Fund injection does not count as account growth sorry to say.
Sorry I correct myself, fund injection does not count as making money.
Come with me if you want to live....
  • #309,780
  • Apr 25, 2012 6:54pm Apr 25, 2012 6:54pm
Quoting _BBKing_
if there is a manipulation, so then:
who is the manipulator?
why do UK should allow that someone manipulate their currency?
why do world would accept that UK manipulate their currency?

manipulation does not exist
if exist, it is about what we poor traders call as tech correction and gap fillings etc. but in that case is not manipulation is an agreed by every government complex algo software which fill trillions of orders in one direction or the other.

a move like this in GBP/everything can not be manipulated by anyone in this planet.

maybe...
Answer to your first 3 questions....
1. The manipulators are the big Banks and central banks who dominates the FX market with 70% of the FX market share, 20% of Hedge Funds, and 10% MAX on small retail traders like us... so Yea... Banks are the manipulators, in fact they are the monopoly in the forex market
2. Why do UK allow other country manipulate their currency?? well have you ever thought that UK banks are manipulating their own currency to screw the WORLD?? Gather enough Banks together just so they can screw banks like Bank of Singapore, Bank of China blah blah...or maybe SNB who knows?? OH but they SPECIALLY LOVE screwing the Hedge fund guys... since hedgefunds own 20% of the fx market...
3.Why do world accept the UK to manipulate their own currency?? well have you ever though of the fact that the world cant do shit?? RULES and REGULATIONS are set up by THESE big boys so that Retail Traders cant win hence the reason why 95% lose out of the 10% of retail traders in the fx market...
SAD thing is... Manipulation happens and there simply are no INTERNATIONAL law to restrict manipulation or Cartel actions in the FX market...
Another sad thing is though there is a sort of Union of Banks around the world... there's just no 1 single institute that creates legislations against market manipulation....simply because they make money out of manipulation, so why would they form a union to screw themselves in the ass making them lose profit??
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
1,306 traders viewing now, 1 is registered:
Gbpusdfreakk