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Cable Update (GBPUSD)

  • #327,321
  • Oct 18, 2012 11:34am Oct 18, 2012 11:34am
Quoting redbeben
if the bishops were planning to kill the Pope..GOd's messenger,I can only be paranoid and only think of conspiracies

starting today I can only be the most pessimistic human being.I see darkness all over.today I had a rough day that proved me once again that behind each person lies a dark shadow,one is bigger than the person one smaller....for most it is bigger and there is nothing you can do to change it
We should listen to Zircon advice and
Don't be smart. Be rich.
  • #327,322
  • Oct 18, 2012 11:39am Oct 18, 2012 11:39am
Quoting PoundTrader
he will tell you he got out at BE
if you only knew how many trades I have closed @ BE you'd be surprised and sad

this is the main reason I scale out this is the main reason I have 3 TP instead of 1
this is the main reason I have a line in the sand on all trades


this is as well the main reason I tell all traders to BE or lock profit...and the list goes on and on.

I wonder if anybody is reading my posts from the first word to the last....


I know I know it is easier to be mean but I won't do it.I have a big heart
  • #327,323
  • Oct 18, 2012 11:40am Oct 18, 2012 11:40am
Quoting redbeben
if you only knew how many trades I have closed @ BE you'd be surprised and sad

this is the main reason I scale out this is the main reason I have 3 TP instead of 1
this is the main reason I have a line in the sand on all trades


this is as well the main reason I tell all traders to BE or lock profit...and the list goes on and on.

I wonder if anybody is reading my posts from the first word to the last....


I know I know it is easier to be mean but I won't do it.I have a big heart :
  • #327,324
  • Oct 18, 2012 11:42am Oct 18, 2012 11:42am
Quoting PoundTrader
you have nothing for any man to be jealous of, i just know bullshit when i see it. any way good luck
don't bet on that you know what I am talking about

good luck with that too...or should I call him
  • #327,325
  • Oct 18, 2012 11:55am Oct 18, 2012 11:55am
Good day,

You know - there is a simple indicator - freely available - but with the right settings will give you like only 5 trading opportunities per year.

But you can bank on 750 pips total for the 5 trades...

Now - do not snub at only 5 trades per year... should you have a $ 10 000.00 account and you only risk 1 lot - you will get a 75% return for the year.

Any investor will go wild at the opportunity.

It's there... I promise

It's all relative

Regards
  • #327,326
  • Oct 18, 2012 11:55am Oct 18, 2012 11:55am
Quoting redbeben
don't bet on that you know what I am talking about

good luck with that too...or should I call him
yes you should call him and put it out there so we all know what your talking about
  • #327,327
  • Oct 18, 2012 11:59am Oct 18, 2012 11:59am
Quoting PoundTrader
yes you should call him and put it out there so we all know what your talking about
and take him with you, im done with him
  • #327,328
  • Oct 18, 2012 12:03pm Oct 18, 2012 12:03pm
hope this week will close at 1.6000 and next week will be the bull week..
  • #327,329
  • Oct 18, 2012 12:15pm Oct 18, 2012 12:15pm
Quoting TauTrader
Good day,

You know - there is a simple indicator - freely available - but with the right settings will give you like only 5 trading opportunities per year.

But you can bank on 750 pips total for the 5 trades...

Now - do not snub at only 5 trades per year... should you have a $ 10 000.00 account and you only risk 1 lot - you will get a 75% return for the year.

Any investor will go wild at the opportunity.

It's there... I promise

It's all relative

Regards
Good day,

I applied the indi and have taken screenshorts over a period of 3 years... just to show you. And this is a non - repainter. I did not skip a single signal.

Regards
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  • #327,330
  • Oct 18, 2012 12:18pm Oct 18, 2012 12:18pm
More of the same...
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  • #327,331
  • Oct 18, 2012 12:19pm Oct 18, 2012 12:19pm
Quoting TauTrader
Good day,

I applied the indi and have taken screenshorts over a period of 3 years... just to show you. And this is a non - repainter. I did not skip a single signal.

Regards
Good day,
I trust you and congrats.
A question. Does it give you the exit signal, or do you manage the exit manually.
Thanks.
Don't be smart. Be rich.
  • #327,332
  • Oct 18, 2012 12:20pm Oct 18, 2012 12:20pm
Good day,

Just for entertainment.

Here is the lesson - patience is key to success.

All the best

Regards
  • #327,333
  • Oct 18, 2012 12:21pm Oct 18, 2012 12:21pm
sorry I'vnt seen the exit signals. But yea it gives you the exit sign. so double congrats.
Don't be smart. Be rich.
  • #327,334
  • Oct 18, 2012 12:22pm Oct 18, 2012 12:22pm
Quoting maximinus
Good day,
I trust you and congrats.
A question. Does it give you the exit signal, or do you manage the exit manually.
Thanks.
Ah -

Is that not always the tricky part?

No - no exit -

Some moves go for 1000 pips. Some for 200. Greed.Fear. You pick.
  • #327,335
  • Oct 18, 2012 12:24pm Oct 18, 2012 12:24pm
Quoting TauTrader
Ah -

Is that not always the tricky part?

No - no exit -

Some moves go for 1000 pips. Some for 200. Greed.Fear. You pick.
If no exit sig, I don't congrats you any more . Kidding of course;
Don't be smart. Be rich.
  • #327,336
  • Oct 18, 2012 12:29pm Oct 18, 2012 12:29pm
Quoting maximinus
If no exit sig, I don't congrats you any more . Kidding of course;
Fair enough...

Kidding of course.

realistically speaking... It IS possible.

Back to my earlier statement. Patience is an important part of trading. 2 bulls are walking down the farm fence. They see a lot of cows on the other side of the fence. The young bull says: " let us jump the fence and do a cow"...

the old bull replies: " Let us take a stroll - there is a gate at the end of this. We walk through and do them all.."

All success
  • #327,337
  • Oct 18, 2012 12:36pm Oct 18, 2012 12:36pm
Quoting TauTrader
Fair enough...

Kidding of course.

realistically speaking... It IS possible.

Back to my earlier statement. Patience is an important part of trading. 2 bulls are walking down the farm fence. They see a lot of cows on the other side of the fence. The young bull says: " let us jump the fence and do a cow"...

the old bull replies: " Let us take a stroll - there is a gate at the end of this. We walk through and do them all.."

All success
Humour is the best sign of success.
Have you backtested and analysed the result. I mean, is it working as well in trending period than non trending period. But I guess I've the answer. If it gives you only few signals in a year, that means that your system, identify the non trending period and tell you
"listen young bull there is no cows for *** for now, let's have a walk and we will come back to salute our girlfriends a little later".
Don't be smart. Be rich.
  • #327,338
  • Oct 18, 2012 12:40pm Oct 18, 2012 12:40pm
Quoting maximinus
Humour is the best sign of success.
Have you backtested and analysed the result. I mean, is it working as well in trending period than non trending period. But I guess I've the answer. If it gives you only few signals in a year, that means that your system, identify the non trending period and tell you
"listen young bull there is no cows for *** for now, let's have a walk and we will come back to salute our girlfriends a little later".
I've just given you 3 years of signals - that's a reasonable backtest..No?

Again - patience is the key to success..

Regards
  • #327,339
  • Oct 18, 2012 12:51pm Oct 18, 2012 12:51pm
Quoting TauTrader
I've just given you 3 years of signals - that's a reasonable backtest..No?

Again - patience is the key to success..

Regards
I know how hard it is to elaborate a system, (a profitable one) so when I say I congrats, I really mean it. And less sig your system give you more profitable they are, I'm convinced of that,at least my experience taught me this lesson.
But it's a suggestion and not a critic, 3 years of period is not enough to be sure that the system is robust. To compensate for this short period of time, apply the system in every time frame and and each pair. See how it comports. I'm sure you'll have some hints to ameliorate the system. Again a suggestion not a critic.
All the best.
Don't be smart. Be rich.
  • #327,340
  • Oct 18, 2012 1:09pm Oct 18, 2012 1:09pm
Quoting maximinus
I know how hard it is to elaborate a system, (a profitable one) so when I say I congrats, I really mean it. And less sig your system give you more profitable they are, I'm convinced of that,at least my experience taught me this lesson.
But it's a suggestion and not a critic, 3 years of period is not enough to be sure that the system is robust. To compensate for this short period of time, apply the system in every time frame and and each pair. See how it comports. I'm sure you'll have some hints to ameliorate the system. Again a suggestion not a...
im agreed with you .... a good system give us less trade through out the year and the best time frame for a good system are daily chart and if those system can provide us the entry it must come with exit if not we can calculate the risk reward factor ..... because every human being have a limited patience when they are dealing with money .......
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