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Cable Update (GBPUSD)

  • #312,521
  • May 10, 2012 10:23am May 10, 2012 10:23am
Quoting Red Alert
You right, if most of us got our profit instead of huge losses, ......
Imagine if your tax officials deduct tax from your capital - I would say your most important trading instruments or your ammo. I have seen some tax officials did that, their argument is suppose that you make $ 2000 per month from your daily work while you have $ 10.000 in your account that will make your taxable income $ 12.000 per month. Not all of them did that, but if you're 'very lucky' such official could be managing your tax.
  • #312,522
  • May 10, 2012 10:23am May 10, 2012 10:23am
Long at 1.6156
Looking For Targets above 1.62
who's with me ?
  • #312,523
  • May 10, 2012 10:24am May 10, 2012 10:24am
Quoting Red Alert
You right, if most of us got our profit instead of huge losses, ......
Yes, making losses means we contribute income to outsider.

But,

Never afraid of making losses. The more you lose the more wiser you are.

Just motivational talk, don't take it wrong.
I trade to live
  • #312,524
  • May 10, 2012 10:27am May 10, 2012 10:27am
Quoting UbuFamily
Yes, making losses means we contribute income to outsider.

But,

Never afraid of making losses. The more you lose the more wiser you are.

Just motivational talk, don't take it wrong.
I like it, ......the "more we spend for the other, the more something we will get" here we named " banyak amal banyak rezeki" so if we make losses just consider it as "amal", am i right?
  • #312,525
  • May 10, 2012 10:31am May 10, 2012 10:31am
this is stupid 30 pips a day..its a scalp
  • #312,526
  • May 10, 2012 10:31am May 10, 2012 10:31am
Need technical analysis on GBPCAD, i may have a crisis yet again...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #312,527
  • May 10, 2012 10:33am May 10, 2012 10:33am
Quoting Fx.med
Long at 1.6156
Looking For Targets above 1.62
who's with me ?
Just confident with your position, more friend who have same position won't give us advantage......
  • #312,528
  • May 10, 2012 10:33am May 10, 2012 10:33am
Quoting 0rPhioZ
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...
There's a trick you can apply to avoid taxation, which I can suggest to you. Well, you need a local money exchange broker to withdraw your profit right? So the trick is, have your buddy or somebody not playing forex to be your middle person between you and the exchange broker. In this way, no matter how many times you withdraw via your local bank, the items recorded in each transactions of money coming in (credit column), would be under your buddy's personal saving account. Which you can actually bullshit them saying you borrowed that money or receiving it at a certain period just to assist in paying particular bills. LOL how creative am I?
I trade to live
  • #312,529
  • May 10, 2012 10:36am May 10, 2012 10:36am
Quoting Red Alert
I like it, ......the "more we spend for the other, the more something we will get" here we named " banyak amal banyak rezeki" so if we make losses just consider it as "amal", am i right?
LOL that's religion bro... can't apply in forex theory..

But yes I understand you
I trade to live
  • #312,530
  • May 10, 2012 10:39am May 10, 2012 10:39am
Quoting bguguen
Need technical analysis on GBPCAD, i may have a crisis yet again...
The pair goes against your fundamentals bro?
I trade to live
  • #312,531
  • May 10, 2012 10:43am May 10, 2012 10:43am
Quoting UbuFamily
The pair goes against your fundamentals bro?
no no, i have no idea about GBPCAD, its one of those crosses where fundamentals dont work.... so i need technical advice cuz im short on it
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #312,532
  • May 10, 2012 10:49am May 10, 2012 10:49am
How is everyone doing today?

I don't see very many useful posts as I browsed through the past few pages.....just a lot of the same.....I think this I think that....you are a bad trader etc.......

It is tiresome.....

Faller.
I don't trust any move - when you have profit...take it.
  • #312,533
  • May 10, 2012 10:49am May 10, 2012 10:49am
Quoting bguguen
Need technical analysis on GBPCAD, i may have a crisis yet again...
i keep telling u the index is bullish and u keep selling??

tony is yur best bet on this, i will have a look for u but right now im cooking
  • #312,534
  • May 10, 2012 10:52am May 10, 2012 10:52am
Quoting Faller
How is everyone doing today?

I don't see very many useful posts as I browsed through the past few pages.....just a lot of the same.....I think this I think that....you are a bad trader etc.......

It is tiresome.....

Faller.

its the market bro..damn i am guilty as charged been writing a lot of bullshit today

i know guys "u think just today"..yur funny
  • #312,535
  • May 10, 2012 10:55am May 10, 2012 10:55am
Quoting bguguen
no no, i have no idea about GBPCAD, its one of those crosses where fundamentals dont work.... so i need technical advice cuz im short on it
I'd say you may have picked another...

I'm saying that the 1hr is up, as to are all higher timeframes up to the monthly, and I wouldn't be surprised to see price kiss that 0 FE... seems to be a favoured resistance level.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gc_m.gif Size: 29 KB
Click to Enlarge Name: gc_w.gif Size: 38 KB
Click to Enlarge Name: gc_d.gif Size: 44 KB
Click to Enlarge Name: gc_4hr.gif Size: 31 KB
Click to Enlarge Name: gc_1hr.gif Size: 31 KB
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #312,536
  • May 10, 2012 11:01am May 10, 2012 11:01am
Quoting nAVIN2007
its the market bro..damn i am guilty as charged been writing a lot of bullshit today

i know guys "u think just today"..yur funny

nahh you are solid....you have taken a lot of shit today and as normal you responded without aggression......I am always impressed with how you respond to people....especially the ones that say you are crap etc.....
I don't trust any move - when you have profit...take it.
  • #312,537
  • May 10, 2012 11:02am May 10, 2012 11:02am
Quoting bguguen
no no, i have no idea about GBPCAD, its one of those crosses where fundamentals dont work.... so i need technical advice cuz im short on it

With all the respect I have.......

Can you please answer......why would you trade a pair where you feel and believe that fundamentals do not work.......and then require outside assistance to look at the chart technically??????

Why even trade such an instrument??? Don't try and get all your money back in one trade - it will kill you.....

Faller.
I don't trust any move - when you have profit...take it.
  • #312,538
  • May 10, 2012 11:06am May 10, 2012 11:06am
Quoting bguguen
no no, i have no idea about GBPCAD, its one of those crosses where fundamentals dont work.... so i need technical advice cuz im short on it
It likes that if 1.6196 is broken, you are in troubles. Take a look at the weekly and monthly charts. It would go to 1.6385. H4 isn't the way any more here.
This is just my point, but I guess here are a lot of good traders that can help you more.
  • #312,539
  • May 10, 2012 11:13am May 10, 2012 11:13am
Quoting Faller
nahh you are solid....you have taken a lot of shit today and as normal you responded without aggression......I am always impressed with how you respond to people....especially the ones that say you are crap etc.....
thank u bro
  • #312,540
  • May 10, 2012 11:17am May 10, 2012 11:17am
Quoting UbuFamily
There's a trick you can apply to avoid taxation, which I can suggest to you. Well, you need a local money exchange broker to withdraw your profit right? So the trick is, have your buddy or somebody not playing forex to be your middle person between you and the exchange broker. In this way, no matter how many times you withdraw via your local bank, the items recorded in each transactions of money coming in (credit column), would be under your buddy's personal saving account. Which you can actually bullshit them saying you borrowed that money or receiving...
That's a nice idea , though I need to increase my income inside tax report every year otherwise I might have problems when purchasing expensive assets such as house, cars because sudden increase in income and assets can be used as a reason to check all my personal assets. I personally would prefer my government to create auto system for taxation but I wouldn't expect them to do that because their data management is so faulty they couldn't track their own spending .
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