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Cable Update (GBPUSD)

  • #328,981
  • Nov 2, 2012 8:09am Nov 2, 2012 8:09am
Quoting Bones
cool
zero cool ,
I agree
Hi Bones ... i hope good luck to all and its impossible when someone win there is another lose
  • #328,982
  • Nov 2, 2012 8:22am Nov 2, 2012 8:22am
lol yea same as I wish good luck to bears mainly haha
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #328,983
  • Nov 2, 2012 8:27am Nov 2, 2012 8:27am
Why ,without chart I dont know why you think




Quoting tirmizi
hi bought small long at 6035 another small buy pending at 6020

GL
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #328,984
  • Nov 2, 2012 8:32am Nov 2, 2012 8:32am
I say false
why
because of monthly
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #328,985
  • Nov 2, 2012 8:35am Nov 2, 2012 8:35am
Good day,

Wishing you all a great week-end ahead.

Rest well and study hard.

Going out for a BBQ - steaks, prawns and a mushroom/pepper sauce I make myself. Stunning.

Draw down heavy at present. Waiting for the next 4hr bar close. Then cut or hold.

All the best
  • #328,986
  • Nov 2, 2012 8:44am Nov 2, 2012 8:44am
Quoting julian501
enter small buy @1.6043 TP 1.6090 wish me luck
Lol i wish u burn and die, no sl?? Ur gona burn when ur longing agains resistance... Its a bad idea to long risk pairs when us equities are down for the day
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #328,987
  • Nov 2, 2012 9:04am Nov 2, 2012 9:04am
...
Attached Image
  • #328,988
  • Nov 2, 2012 9:19am Nov 2, 2012 9:19am
Quoting fxtyrant
Lol i wish u burn and die, no sl?? Ur gona burn when ur longing agains resistance... Its a bad idea to long risk pairs when us equities are down for the day
When have you ever used a SL my friend???

Here is one of your swimmingly trades that has been going for 3 weeks now currently 154 pips underwater -

http://gyazo.com/b35bddb173b9746063566b55a9c0d753

Before you have a dig at others out of the blue, take a long hard look at yourself in the mirror.

If you are going to be critical, criticise yourself, not others.

If you don't have anything nice to say about someone else's trade, it is better off to say nothing and keep quiet! In the long wrong, you will have less aggravation from others.

Let there only be one judge and that is your account's P&L.

Don't worry, I have been guilty of it myself.

Have a great weekend. Now this really is over an out!
  • #328,989
  • Nov 2, 2012 9:40am Nov 2, 2012 9:40am
Quoting bbakker
When have you ever used a SL my friend???

Here is one of your swimmingly trades that has been going for 3 weeks now currently 154 pips underwater -

http://gyazo.com/b35bddb173b9746063566b55a9c0d753

Before you have a dig at others out of the blue, take a long hard look at yourself in the mirror.

If you are going to be critical, criticise yourself, not others.

If you don't have anything nice to say about someone else's trade, it is better off to say nothing and keep quiet! In the long wrong, you will have less aggravation...
Sure!! Deposit on account 5000, current equity hmmm its showing 6500 ish... I guess thats called still in profit??

Pls look atthe link in my signature, thats my trading account, nothing to hide, nothing shameful... Btw for audusd im aiming for 0.95 soooo even if i shorted at 1.02, top at 1.0550 would put me 350 pip in drawdown versus the low at 0.95 whichwould be around 750 pip.... Risk reward is still ideal to short audusd at 1.02....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #328,990
  • Nov 2, 2012 9:54am Nov 2, 2012 9:54am
Quoting fxtyrant
Sure!! Deposit on account 5000, current equity hmmm its showing 6500 ish... I guess thats called still in profit??

Pls look atthe link in my signature, thats my trading account, nothing to hide, nothing shameful... Btw for audusd im aiming for 0.95 soooo even if i shorted at 1.02, top at 1.0550 would put me 350 pip in drawdown versus the low at 0.95 whichwould be around 750 pip.... Risk reward is still ideal to short audusd at 1.02....
What happens if you have an accident, end up in hospital in a coma for whatever reason and then Australia's mining boom comes back and AUDUSD shoots to 1.20 triggering your brokers' margin call?

I know this is hypothetical situation and it is also a demo account, but you should still put a SL in there above 1.0550 if that is your calculated risk. Right now, you are trading with your pants down. Your calculated R/R is around 2:1 but without a SL there is no calculation.

I am not having a go at your trading or trading style or that it is a demo account, but if you continue with bad habits such as not using a SL, regardless if they are 1 pip or 1000 pips depending on your calculated risk, these bad habits will one day return to bite you on your live account.

Just food for thought!

Have a great weekend!

Brian



With regards to my earlier post on here -

Never reached my 1.6019. NY have changed the numbers to 1.6057 (nearest resistance) and 1.6027 (nearest support)
  • #328,991
  • Nov 2, 2012 9:59am Nov 2, 2012 9:59am
Quoting fxtyrant
Sure!! Deposit on account 5000, current equity hmmm its showing 6500 ish... I guess thats called still in profit??

Pls look atthe link in my signature, thats my trading account, nothing to hide, nothing shameful... Btw for audusd im aiming for 0.95 soooo even if i shorted at 1.02, top at 1.0550 would put me 350 pip in drawdown versus the low at 0.95 whichwould be around 750 pip.... Risk reward is still ideal to short audusd at 1.02....
dude zulu warned me that following your strategy can lead to financial ruin, you were giving me a lessons calling me a less pro then you and others, your demo book is very impresive I must say, well....
some stick their neck out everyday with real money regardless of score at the end of the session and you bash people and proudly show your demo results.
Fak me sideways,
I like your gain in oct, do it for longer and I will change my mind about you,
I'd like to dedicate this chart to you, missed my TP by 100pips which is one solid session - real money no bullshit.
Now I have to go trought my charts and learn from my fuck ups.


http://www.forexfactory.com/showthre...64#post5995064
swing it!
  • #328,992
  • Nov 2, 2012 10:04am Nov 2, 2012 10:04am
Quoting fxtyrant
Lol i wish u burn and die, no sl?? Ur gona burn when ur longing agains resistance... Its a bad idea to long risk pairs when us equities are down for the day
I'm outraged by the fact that not putting a SL is considered as absolutely scandalous while wishing to someone to be burned and dead is considered secondary or even normal. Values are what they are and reflect our soul once again.
Dear Julian, I don't know who you are, but I wish you love, peace and prosperity.
Don't be smart. Be rich.
  • #328,993
  • Nov 2, 2012 10:06am Nov 2, 2012 10:06am
My girlfriend watches Eastenders and neighbours and all that other tosh.......... I however come to FF!!
Trading comes quickly, patience and discipline does not!
  • #328,994
  • Nov 2, 2012 10:17am Nov 2, 2012 10:17am
Quoting Daddypips
My girlfriend watches Eastenders and neighbours and all that other tosh.......... I however come to FF!!
The EURUSD is even better for that sort of thing! Cable is usually a lot more quiet with the occasional flare up.

Tyrant by name, tyrant by nature
  • #328,995
  • Nov 2, 2012 10:25am Nov 2, 2012 10:25am
Nice opportunity with pound

http://scrawlingcharts.blogspot.com/...portunity.html
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #328,996
  • Nov 2, 2012 10:33am Nov 2, 2012 10:33am
Quoting maximinus
I'm outraged by the fact that not putting a SL is considered as absolutely scandalous while wishing to someone to be burned and dead is considered secondary or even normal. Values are what they are and reflect our soul once again.
Dear Julian, I don't know who you are, but I wish you love, peace and prosperity.
You know what... i might have been too harsh... but i really hope he used SL, even if he didnt mention one, i hope he atleast has a mental SL the way i do.... Not that i never take hits... i do.... have a look at some past trades i made on my account and you'll see i close out on trades either with ST SL or simply close them out in loss (through mental SL) the reason why i put Mental SL is because brokers they can play tricks with the slipperage to trigger your SL with huge 200 pip spike 1 second just to have 200 pip back down....

I actually do keep a physical book where i log my trade numbers and where my mental SLs are....
but i guess everone had their style.... ive wrecked enough havoc for the day... but Seriously People need to Understand correlations....

DO NOT, i repeat DO NOT LONG GBPUSD, EURUSD, AUDUSD, NZDUSD, Do not SELL the DOLLAR on a RED Equities Day... Whenever Equities like S&P500 and Nasdaq etc etc... if equities are in the Green it means Risk On... means Buy Wtever against dollar.... but if Equities are Red... it means Risk Off and You should be BUYING dollar strength and not Euro, GBP or wtever....
HOpe this makes sense... a lot of people neglect the fact that Equities Pays a part in forex.... and when days that Equities dont correlate with currency movements, you know its Manipulation.... End of Story.
http://mediaserver.fxstreet.com/Repo...1022130835.gif
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #328,997
  • Nov 2, 2012 10:34am Nov 2, 2012 10:34am
Quoting Bones
Why ,without chart I dont know why you think
hi good question and here is my trade plan, if failed then i have plan "B"

BECAUSE here is my chart

which says go buy this sh*t its gonna go way up man

i have pending buy at 6020 and 6015 might not get filled today, but i will wait for monday for 10/15 pips stop hunt, if not then i will add more way up

click on the chart for larger view and understanding
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Learning Requires Failure
  • #328,998
  • Nov 2, 2012 10:47am Nov 2, 2012 10:47am
Quoting tirmizi
hi good question and here is my trade plan, if failed then i have plan "B"

BECAUSE here is my chart

which says go buy this sh*t its gonna go way up man

i have pending buy at 6020 and 6015 might not get filled today, but i will wait for monday for 10/15 pips stop hunt, if not then i will add more way up

click on the chart for larger view and understanding
I agree that there are signs of a bull from highs and lows perspective

It made HL and HH

And your chosen area very correct
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  • #328,999
  • Nov 2, 2012 11:18am Nov 2, 2012 11:18am
here is some gold chart how i traded gold successfully for past 3 years with simple "non traditional" trend lines, with traditional trend lines you will lose consistently and always scratching head what going on

closed my gold 2nd short from 1795 yes from the top to 1675 i dont know if its bottom or not but i am buying gold here at 1675 for min target 1720
Attached Image (click to enlarge)
Click to Enlarge Name: mov.png Size: 64 KB
Learning Requires Failure
  • #329,000
  • Nov 2, 2012 11:46am Nov 2, 2012 11:46am
I dont need to its incorrect


Quoting tirmizi
hi good question and here is my trade plan, if failed then i have plan "B"

BECAUSE here is my chart

which says go buy this sh*t its gonna go way up man

i have pending buy at 6020 and 6015 might not get filled today, but i will wait for monday for 10/15 pips stop hunt, if not then i will add more way up

click on the chart for larger view and understanding
On-site guru & also FF member's' psychiatrist, when not drinking tea
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