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Cable Update (GBPUSD)

  • #312,501
  • May 10, 2012 8:47am May 10, 2012 8:47am
Quoting Fawlty
Just how much money did you make with over half a year of not trading because of being in a huge drawdown? I love how shitty traders talk big on the internet.

its not about talking big - actually i dont trade because of money i trade because i actually like trading, its fun and keeps me alert..

I might not be making a lot but if u read my charts and have followed them ud have made pips..now lets talk about u?

and yur analysis and what u have made? and why yur not so shitty?
  • #312,502
  • May 10, 2012 8:47am May 10, 2012 8:47am
Quoting Flatfish
data all available over at Oanda, if you know how to read it combined with price action.

Really? You partially base your trades on being opposite of Oanda accounts? You do realize that brokers release the profitability of their trader accounts as a whole and Oanda scores at the top always and often most accounts are positive with Oanda.

I'd advise other traders not to be stupid and follow that 'trading logic'.
  • #312,503
  • May 10, 2012 8:50am May 10, 2012 8:50am
Quoting Fawlty
Really? You partially base your trades on being opposite of Oanda accounts? You do realize that brokers release the profitability of their trader accounts as a whole and Oanda scores at the top always and often most accounts are positive with Oanda.

I'd advise other traders not to be stupid and follow that 'trading logic'.
you killing man. i feel sorry for anyone who trades like that
  • #312,504
  • May 10, 2012 8:51am May 10, 2012 8:51am
Quoting nAVIN2007
its not about talking big - actually i dont trade because of money i trade because i actually like trading, its fun and keeps me alert..

I might not be making a lot but if u read my charts and have followed them ud have made pips..now lets talk about u?

and yur analysis and what u have made? and why yur not so shitty?
You said you 'gotta love the weak' and 'its what makes US money' but you obviously dont live up to your own hype. I have posted my trades and trade results in this forum before if you really feel like searching. Often I am too busy to hang out on a forum all day long.
  • #312,505
  • May 10, 2012 8:56am May 10, 2012 8:56am
Quoting Fawlty
You said you 'gotta love the weak' and 'its what makes US money' but you obviously dont live up to your own hype. I have posted my trades and trade results in this forum before if you really feel like searching. Often I am too busy to hang out on a forum all day long.

look man!! its a fact, im a nice person but u have to keep it real..
if u make money its because someone has to lose it..if people arent weak the market will be tougher..its this simple

i thank god i can read a chart and people can look at it and see something completely different..u just taking offense because my message struck a cord with u..

thats not my fault it yours?
work on weakness..b4 market kills u

just because i use the word "weak" doesnt mean u need to take offense unless it applies to u

no hard feeling buddy
  • #312,506
  • May 10, 2012 8:58am May 10, 2012 8:58am
Quoting Fawlty
Really? You partially base your trades on being opposite of Oanda accounts? You do realize that brokers release the profitability of their trader accounts as a whole and Oanda scores at the top always and often most accounts are positive with Oanda.

I'd advise other traders not to be stupid and follow that 'trading logic'.
How do you know about this?....i don't even know the real percentage of possitive account in my broker, are you insider of oanda ...?????? ....
  • #312,507
  • May 10, 2012 9:01am May 10, 2012 9:01am
Quoting Red Alert
How do you know about this?....i don't even know the real percentage of possitive account in my broker, are you insider of oanda ...?????? ....
even with an absence of smiley's, this has got to be a wind-up merchant.. either that or another from the muppet club
  • #312,508
  • May 10, 2012 9:05am May 10, 2012 9:05am
Quoting fxkiller
OHH YESSS
almost enough to turn me into scalper

lets breakdown the dailly so far..

failed to attempt the low of the previous..broke the high of previous..
tomorrrow assuming dailly remains positive..we should see a new high..but theres a risk of rejection (spike at 1.62) thou i think its small..need to careful abt this

1.63 target (next week)
  • #312,509
  • May 10, 2012 9:07am May 10, 2012 9:07am
Something to share,

In my point of view, I sure want a bearish cable. Why? I always withdraw twice in a week. So I would like to have a very expensive dollar to be converted to my local currency which three times the value of dollar.

That's all.
I trade to live
  • #312,510
  • May 10, 2012 9:09am May 10, 2012 9:09am
Quoting UbuFamily
Something to share,

In my point of view, I sure want a bearish cable. Why? I always withdraw twice in a week. So I would like to have a very expensive dollar to be converted to my local currency which three times the value of dollar.

That's all.

  • #312,511
  • May 10, 2012 9:11am May 10, 2012 9:11am
Quoting Fawlty
Really? You partially base your trades on being opposite of Oanda accounts? You do realize that brokers release the profitability of their trader accounts as a whole and Oanda scores at the top always and often most accounts are positive with Oanda.

I'd advise other traders not to be stupid and follow that 'trading logic'.
Nothing to do with logic this is trading. I was pointing out what the retail positoning was telling me coupled with a chart.I'm not here selling any systems or secrets. And I try not to comment on others trades. I base my trading on order flows, banking fixes and charts. Regardless of how gifted you believe the retail investor over at Oanda is, my experience teaches me that are as a whole as dumb as sheep. I only post to warn people that when your jumping into the same boat as the N00bies expect a rough ride. Good trading to you.
  • #312,512
  • May 10, 2012 9:15am May 10, 2012 9:15am
Quoting Flatfish
Nothing to do with logic this is trading. I was pointing out what the retail positoning was telling me coupled with a chart.I'm not here selling any systems or secrets. And I try not to comment on others trades. I base my trading on order flows, banking fixes and charts. Regardless of how gifted you believe the retail investor over at Oanda is, my experience teaches me that are as a whole as dumb as sheep. I only post to warn people that when your jumping into the same boat as the N00bies expect a rough ride. Good trading to you.
*** ****
  • #312,513
  • May 10, 2012 9:26am May 10, 2012 9:26am
Quoting UbuFamily
Something to share,

In my point of view, I sure want a bearish cable. Why? I always withdraw twice in a week. So I would like to have a very expensive dollar to be converted to my local currency which three times the value of dollar.

That's all.
I want to share something too,

I usually withdraw only once per week, sometimes every 2 weeks. My government sucks, so I don't want to expose my asset too much if possible. Never know what tax officials would do to small traders like me, don't wanna be another black sheep for the country .
  • #312,514
  • May 10, 2012 9:28am May 10, 2012 9:28am




The Problem Is That Longies Can't convince Themselves 2 buy

@ Present Price & They Want 2 Buy her @ Lower & Lower Price

As Possible...








Patterns have an underlying mathematical structure.
  • #312,515
  • May 10, 2012 10:04am May 10, 2012 10:04am
Quoting nAVIN2007


Thanks Navin
I trade to live
  • #312,516
  • May 10, 2012 10:07am May 10, 2012 10:07am
Quoting 0rPhioZ
I want to share something too,

I usually withdraw only once per week, sometimes every 2 weeks. My government sucks, so I don't want to expose my asset too much if possible. Never know what tax officials would do to small traders like me, don't wanna be another black sheep for the country .
Really? That's not good to hear. Income derived from forex are not taxable because we already paid the commissions to broker.
edit: FYI, we as a trader bring economic growth within our country because we brought income from abroad. The income we get are not derived within our country's circulation thus filling up the demand and supply out of it.
I trade to live
  • #312,517
  • May 10, 2012 10:17am May 10, 2012 10:17am
Honestly speaking, at the time being, I'm in the stage of minimizing losses.

Cable fooled me. Again.
I trade to live
  • #312,518
  • May 10, 2012 10:18am May 10, 2012 10:18am
Quoting UbuFamily
Really? That's not good to hear. Income derived from forex are not taxable because we already paid the commissions to broker.
edit: FYI, we as a trader bring economic growth within our country because we brought income from abroad. The income we get are not derived within our country's circulation thus filling up the demand and supply out of it.
You right, if most of us got our profit instead of huge losses, ......
  • #312,519
  • May 10, 2012 10:18am May 10, 2012 10:18am
Quoting UbuFamily
Really? That's not good to hear. Income derived from forex are not taxable because we already paid the commissions to broker.
My income from this business will still be taxable. The tax officials don't even know that this business exist (this profession is the same as gambler) so they will give you pain in the ass if you ever mention about it since they say gambling is illegal in Indonesia. So in the end, I have to merge it with my whole income otherwise I would get problem when I buy properties or cars since income from this business composing 90 % of my living cost. Regularly withdrawing money can bring problem too since they will think that 'this' income is regular thus I need to pay tax from it. Well, it sucks but this country has low living cost so I can't complain much .
  • #312,520
  • May 10, 2012 10:21am May 10, 2012 10:21am
Quoting UbuFamily
Honestly speaking, at the time being, I'm in the stage of minimizing losses.

Cable fooled me. Again.
Don't worry mate. me also......so you're not alone.........when you said 95% few days ago it said something, it is not usual you say something like this......
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