Cable Update (GBPUSD) | Page 15490 | 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)

  • #309,781
  • Apr 25, 2012 7:01pm Apr 25, 2012 7:01pm
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.
Actually if you think about it... i injected at first 2950 USD... and my equity is down 1500 USD and staying aroudn there, profit on balance still rising though... btw i didnt increase funding to save my ass but instead increase funding to speed up my account growth
give it a month and we shall see how fast my balance goes up
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #309,782
  • Apr 25, 2012 7:05pm Apr 25, 2012 7:05pm
Quoting bguguen
Actually if you think about it... i injected at first 2950 USD... and my equity is down 1500 USD and staying aroudn there, profit on balance still rising though... btw i didnt increase funding to save my ass but instead increase funding to speed up my account growth
give it a month and we shall see how fast my balance goes up
Yeah ok whatever you say
Come with me if you want to live....
  • #309,783
  • Apr 25, 2012 7:09pm Apr 25, 2012 7:09pm
Quoting bguguen
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...

mah
yes there is no a wrote regulation and what they tried to regulate in the past came out to be like a funny expensive meeting about the so called "currency war" ahhaah.

anyway, is always a matter of semantic meanings...
IMO, if there is a manipulation in markets, is only just for very few pips in very ranging market to build killer moves to trap in some positions and fill liquidity and things like that. of course some one must loose.
but not certainly such an injection of trillions in long positions in GBP can be called "manipulation". yes it's some insane, and really scary even to pick a long or a short, but hell, not a manipulation! nobody have such a buy power!

this is whole world buying GBP against everything. maybe because there is really nothing else good to buy! CHF? no! JPY? no EUR? mmm AUD? possible soon but not now. so GBP = actually the best.
just that.

quick edit:
lol i forgot about USD. hell no, market actually not buying USD until FED will allow to do. they will, but not now!
90% of traders use TA, indicators and prediction
  • #309,784
  • Apr 25, 2012 7:11pm Apr 25, 2012 7:11pm
Quoting Ill-b-back
Yeah ok whatever you say
Keep check of my Balance my Friend....Equity is just a short term thingy... oh and btw im making good money the longer i hold my GBPNZD shorts Swap charges is making me good money
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #309,785
  • Apr 25, 2012 7:18pm Apr 25, 2012 7:18pm
Quoting _BBKing_
mah
yes there is no a wrote regulation and what they tried to regulate in the past came out to be like a funny expensive meeting about the so called "currency war" ahhaah.

anyway, is always a matter of semantic meanings...
IMO, if there is a manipulation in markets, is only just for very few pips in very ranging market to build killer moves to trap in some positions and fill liquidity and things like that. of course some one must loose.
but not certainly such an injection of trillions in long positions in GBP can be called "manipulation"....
AHHH but you see.... the manipulation in the market ive been talking about is the NEWS, and DATA releases... dont really need to get involved with putting money into the market to move it... just spread Rumors, Make up Fake Numbers in Data releases... did people really think the RETAIL sales couple weeks back was really a postive news when it increased??
well i wonder if its positive now when UK slipped to recession.... im telling you the big boys are manipulating with the datas...
BTW.... UK consumer confidence report came in at 52 as oppsed to 40... i mean UK slipped to recession and you are saying consumers are confident?? COME ONE.... dont need to be a genius to realize they are playing with the datas....
Talk about GBP being the BEST?? ironic, EURO is in a mild recession, UK is in a TECHNICAL recession on 2 consecutive negative growth... while US is still in positive growth.... WHY AINT THE USD attractive for purchase??

Here is my perception with the World economy right now... with UK and EUR being the stable economies to actually slip into recession.... why buy the POUND?
US is not in recession and yet people are offloading the Dollar?? why??
Ahem ahem, big scheme of manipulation between the FED and the other big banks
JPY>CHF>AUD>US>EUR/GBP...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #309,786
  • Apr 25, 2012 7:18pm Apr 25, 2012 7:18pm
Quoting bguguen
Keep check of my Balance my Friend....Equity is just a short term thingy... oh and btw im making good money the longer i hold my GBPNZD shorts Swap charges is making me good money
I realise you are a good trader, I don't doubt future growth, just continued excuses for market sourced drawdown
Come with me if you want to live....
  • #309,787
  • Apr 25, 2012 7:22pm Apr 25, 2012 7:22pm
Quoting bguguen
AHHH but you see.... the manipulation in the market ive been talking about is the NEWS, and DATA releases... dont really need to get involved with putting money into the market to move it... just spread Rumors, Make up Fake Numbers in Data releases... did people really think the RETAIL sales couple weeks back was really a postive news when it increased??
well i wonder if its positive now when UK slipped to recession.... im telling you the big boys are manipulating with the datas...
BTW.... UK consumer confidence report came in at 52 as oppsed...

And maybe smart money knows something about USA and its currency outlook that others don't ???
Come with me if you want to live....
  • #309,788
  • Apr 25, 2012 7:22pm Apr 25, 2012 7:22pm
Quoting bguguen
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
I 100% agree.This is common knowledge. I guess its not so common after all to some.
Major players have billions to move the market.Retail traders are minor force.
Trick is to think and anticipate market makers moves and tail along with them.

Inserted Video

Market Manipulation By Cramer
In trading, you have to be defensive and aggressive at the same time
  • #309,789
  • Apr 25, 2012 7:26pm Apr 25, 2012 7:26pm
Quoting Ill-b-back
And maybe smart money knows something about USA and its currency outlook that others don't ???
Thats a pretty long shot given the fact the UK economy went into recession and
even if QE3 comes i think its pretty priced in now...
i think the move up as we saw over the last couple weeks may have just been smart money selling the dollar in expectation of QE3, so the blow wouldnt be that big.... but then when you increase Money supply which QE3 is, the Demand for Money would return to equilibrium price,
whenever QE comes up or increased money supply, yes short term the value of the currency drops but demand would also increase to recover back to the original value equilibrium....
soo in a sense the UP move we saw over the last couple weeks, we shall see the same move down when trend starts to shift bearish.... and im guessing it shouldnt be long now... but we'll see... as far as im concerned, still making money
Oh and Yes DO look at my account again when i close thos GBPNZD trades...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #309,790
  • Apr 25, 2012 7:29pm Apr 25, 2012 7:29pm
Quoting bguguen
AHHH but you see.... the manipulation in the market ive been talking about is the NEWS, and DATA releases... dont really need to get involved with putting money into the market to move it... just spread Rumors, Make up Fake Numbers in Data releases... did people really think the RETAIL sales couple weeks back was really a postive news when it increased??
well i wonder if its positive now when UK slipped to recession.... im telling you the big boys are manipulating with the datas...
BTW.... UK consumer confidence report came in at 52 as oppsed to...
whole world is in recession.
and actually whole world have decided that GBP is still strongest and best currency against all others.
there is not big boys small boys and manipulations.
there is only the perception of the facts.
if you think like you say above here so then: why keep trading? there is not even 1 reason to keep trading thinking that is all a scam, and thinking that everything is built just to do a dirty job and eat money of people.
yes, as i said there is manipulations but not at such an high level.
but i definetly have a different view about markets than yours and maybe than 90% of retailers....

late and sleepy!
good night and good luck
90% of traders use TA, indicators and prediction
  • #309,791
  • Apr 25, 2012 7:30pm Apr 25, 2012 7:30pm
Quoting Davit
I 100% agree.This is common knowledge. I guess its not so common after all to some.
Major players have billions to move the market.Retail traders are minor force.
Trick is to think and anticipate market makers moves and tail along with them.
exactly... and for me.... reason i dont trust the moves lately is because numbers dont add up, they are telling conflicting stories.... and yet the GBP goes up...
i mean...
UK in technical recession and yet Consumer confidence is up??

is the UK in recession or not then??

And today... all ben said was appropriate measures will be taken to maintain economic recovery... and all of a sudden people are dumping the dollar like hell! i mean... bitch please, BEN says that ALL THE TIME.... has he done anything, have people not learned the fact that BEN is a fucking Loud mouth Puppet under the FED board of director's control??
i mean DUDE look at the damn FOMC statement, at the end it says VOTED by names youve never seen along with BEN Bernanke....

Quote
Voting for the FOMC monetary policy action were: Ben S. Bernanke, Chairman; William C. Dudley, Vice Chairman; Elizabeth A. Duke; Dennis P. Lockhart; Sandra Pianalto; Sarah Bloom Raskin; Daniel K. Tarullo; John C. Williams; and Janet L. Yellen. Voting against the action was Jeffrey M. Lacker, who does not anticipate that economic conditions are likely to warrant exceptionally low levels of the federal funds rate through late 2014.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #309,792
  • Apr 25, 2012 7:36pm Apr 25, 2012 7:36pm
Quoting bguguen
Thats a pretty long shot given the fact the UK economy went into recession and
even if QE3 comes i think its pretty priced in now...
i think the move up as we saw over the last couple weeks may have just been smart money selling the dollar in expectation of QE3, so the blow wouldnt be that big.... but then when you increase Money supply which QE3 is, the Demand for Money would return to equilibrium price,
whenever QE comes up or increased money supply, yes short term the value of the currency drops but demand would also increase to recover back...

I guess here's the thing though, US continues to print why must there be more demand? China is offloading USD as printing has been vast. Some countries no longer trade in USD. Supply increasing, demand falls that is how currencies lose value. Yes things go back to equilibrium eventually, but when? Months, years? And at what price? That is a very loose strategy when trading. Are we back to equilibrium yet from the GST? Maybe, but that is one heck of a drawdown.
Come with me if you want to live....
  • #309,793
  • Apr 25, 2012 7:38pm Apr 25, 2012 7:38pm
Quoting _BBKing_
whole world is in recession.
and actually whole world have decided that GBP is still strongest and best currency against all others.
there is not big boys small boys and manipulations.
there is only the perception of the facts.
if you think like you say above here so then: why keep trading? there is not even 1 reason to keep trading thinking that is all a scam, and thinking that everything is built just to do a dirty job and eat money of people.
yes, as i said there is manipulations but not at such an high level.
but i definetly have...
I never said Forex is a Scam, all im saying is FOREX is a BIG BOY's Game full of manipulations, doesnt mean you cant make money dude... just know what the BIG BOY's are doing and realize the tricks they are playing and you will make money....
And well ive been trading forex for 3 years now, and im still around... sooo yea.... obviously my whole "Trading the Fundies" is working otherwise i'd disappear a long long time ago...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #309,794
  • Apr 25, 2012 7:41pm Apr 25, 2012 7:41pm
Quoting bguguen
exactly... and for me.... reason i dont trust the moves lately is because numbers dont add up, they are telling conflicting stories.... and yet the GBP goes up...
i mean...
UK in technical recession and yet Consumer confidence is up??

is the UK in recession or not then??

And today... all ben said was appropriate measures will be taken to maintain economic recovery... and all of a sudden people are dumping the dollar like hell! i mean... bitch please, BEN says that ALL THE TIME.... has he done anything, have people not learned the fact that BEN...
See opportunity.I just place sell orders at 6175.Great number to have for me.
At least short trade down to 6140 range.Good luck to you my friend.
In trading, you have to be defensive and aggressive at the same time
  • #309,795
  • Apr 25, 2012 7:45pm Apr 25, 2012 7:45pm
Quoting Ill-b-back
I guess here's the thing though, US continues to print why must there be more demand? China is offloading USD as printing has been vast. Some countries no longer trade in USD. Supply increasing, demand falls that is how currencies lose value. Yes things go back to equilibrium eventually, but when? Months, years? And at what price? That is a very loose strategy when trading. Are we back to equilibrium yet from the GST? Maybe, but that is one heck of a drawdown.
Hmmm given the fact how US equities are performing... US equities up means there has to be some sort of USD Demand coming from somewhere in the first place to buy these US Stocks and Shares....
China is offloading USD?? that is a joke... you do realise the US buys CHINESE goods right??
obviously the CHINESE knows that if they offload too much on the USD they will suffer from a decreased EXPORT....
now now i know you will come to me saying CHINA is increasing its focus on the domestic market, but that has still a long way to go before TRADE with the US economy is redundant... we're talking about 20+ years or so before that happens...
Besides, China as a reserve currency is just a thought.... a mere thought... why?? well as long as CHINA is still in control of its own currency, the RMB will never be a reserve currency of which Free market flow is what Reserve Currency needs...

SO yea... Please... China is not offloading the USD in fact majority of the US treasury yields are bought by China, i wonder what happens when Yields start rising... the USD Appreciates as Treasury Bonds get converted back to the US Dollar Currency.... but then again this hasnt happened yet... why?? well BEN threatens to push do something to counter increasing bond yields oh noes.... China best keep their treasury yields a little bit longer then
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #309,796
  • Apr 25, 2012 7:54pm Apr 25, 2012 7:54pm
Quoting bguguen
Hmmm given the fact how US equities are performing... US equities up means there has to be some sort of USD Demand coming from somewhere in the first place to buy these US Stocks and Shares....
China is offloading USD?? that is a joke... you do realise the US buys CHINESE goods right??
obviously the CHINESE knows that if they offload too much on the USD they will suffer from a decreased EXPORT....
now now i know you will come to me saying CHINA is increasing its focus on the domestic market, but that has still a long way to go before TRADE with...

I realise the Chinese are biggest treasury yield buyers but they are offloading USD also.
Come with me if you want to live....
  • #309,797
  • Apr 25, 2012 7:59pm Apr 25, 2012 7:59pm
Quoting Ill-b-back
I realise the Chinese are biggest treasury yield buyers but they are offloading USD also.
I guess my info tells me market is losing faith in USD and it may soon lose it reserve status. I see this reflected in charts also, so it is not prudent for me to discuss beyond that I guess.
I will try really hard not to bring this up again. Apologise.
Come with me if you want to live....
  • #309,798
  • Apr 25, 2012 7:59pm Apr 25, 2012 7:59pm
Quoting Ill-b-back
I realise the Chinese are biggest treasury yield buyers but they are offloading USD also.
well China cant offload the USD too much.... not yet specially when China still not quite converted their Export-driven economy into the much appreciated Domestic Consumption Driven economy... soooo
yea if they offload the USD too much, good chances are weaker USD would harm China's Export and China's Growth would actually become a Hard Landing....
soo yea... Offloading, but no not much, they cant risk killing the cow just yet when the cow is still producing milk for them to enjoy just a big longer...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #309,799
  • Apr 25, 2012 8:01pm Apr 25, 2012 8:01pm
news ... manipulation ....fake move ...false signal ... TP hit ... SL hit floating ... etc etc etc and etc ....

better have a cup of cofee ...

morning everyone .....
Attached Image (click to enlarge)
Click to Enlarge Name: cup-of-coffee_wallpapers_24862_2560x1600.jpg Size: 78 KB
not euphoria follower
  • #309,800
  • Apr 25, 2012 8:02pm Apr 25, 2012 8:02pm
Quoting Ill-b-back
I guess my info tells me market is losing faith in USD and it may soon lose it reserve status. I see this reflected in charts also, so it is not prudent for me to discuss beyond that I guess.
I will try really hard not to bring this up again. Apologise.
no no, do bring up this topic, because its interesting but i can tell you US are not losing their reserve status in the next 10+ years...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
1,251 traders viewing now, 1 is registered:
Perswit