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Cable Update (GBPUSD)

  • #332,041
  • Dec 7, 2012 7:13am Dec 7, 2012 7:13am
Quoting forexleagues
UP....... but then down to 1.59! by close
No- No

Either UP or DOWN

Come on forexleagues... pick one
  • #332,042
  • Dec 7, 2012 7:13am Dec 7, 2012 7:13am
Quoting nAVIN2007
I going to tell u something hopefully u listen:-:rolling_on_the_floor_laughing:

U should never trade like this..there is only one reason i have survived in this..it money management..nothing works completely so mm has to be there...u will never cut the trade and if it was live..u would be risking account blow..this is not effective demo trading..u have to keep it as realistic as possible otherwise it a question of time..

no matter how well u trade on demo, live will be different..
Well nav! I respect you and i listened but yesterday i made it clear that the basis of my demo is to figure out and to tweak the strategy enough so that it DOES profit
Money management comes after, because i still have to analyse the data from the demo as to how my strategy trading works.... It needs some deliberate testing regardless of money management for now. I just need to proof that this system works in forward testing but yea in real life i would've been trading 0.1 lot per trade on a 8k account i know the implications
For example gbpjpy average trading range at 200 for example at 1 standard lot 400 pips against u and ur done....
Would literally have account close to margin call since 1 lot on gj is not 10 usd its 12.x per pip or something
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #332,043
  • Dec 7, 2012 7:15am Dec 7, 2012 7:15am
Quoting alex1976
Nav, wish I had added to my short yesterday.

Anyhow woulda, shoulda, coulda ehh, lol

looks like 1.55 is on its way, like you said.

im actually thinking a lot lower..the world is in a mess..1.60 needs to go or we dont go back up!!..for it to happen..so far its not looking bad
  • #332,044
  • Dec 7, 2012 7:15am Dec 7, 2012 7:15am
Quoting nAVIN2007
Mr T look at the dailly chart candle 12:11:01 (dailly pin)
this is think is a classic breakout and retest scenero..if simple have moved up to retest the breakout area to resume trend

it is also having confluence at 61.8 fib from the extreme high 1.63 to the low 1.5823..so if it breaks the low..it should be a good move..sorry cannot post a chart because i dont want every1 trading it!!..

but u different
not every1 reads so this can work..
Nav -

You gentlemen and ladies are totally overcomplicating this... I am asking for a simple, plain guess..

It is about mental issues - not charts..

Your tick remains DOWN.
  • #332,045
  • Dec 7, 2012 7:15am Dec 7, 2012 7:15am
Quoting TauTrader
No- No

Either UP or DOWN

Come on forexleagues... pick one

Some people are greedy Tau, they want both
  • #332,046
  • Dec 7, 2012 7:16am Dec 7, 2012 7:16am
Quoting fxtyrant
Well nav! I respect you and i listened but yesterday i made it clear that the basis of my demo is to figure out and to tweak the strategy enough so that it DOES profit
Money management comes after, because i still have to analyse the data from the demo as to how my strategy trading works.... It needs some deliberate testing regardless of money management for now. I just need to proof that this system works in forward testing but yea in real life i would've been trading 0.1 lot per trade on a 8k account i know the implications
For example gbpjpy...

well your bright no doubt u know already glad yur on track..
  • #332,047
  • Dec 7, 2012 7:17am Dec 7, 2012 7:17am
For ppl wondering what nfp will do?
Ill give u a hint and you heard it here first... If number comes out above +50k its gona be risk on and seeing as its expected to come at 90k means its gona be leaning towards more than 50k so i think nfp will make a push up to retest .6040, but fail to stay above and continue its fall towards 1.5880 (ive repeated this 1.5880 my mouth is dry.... And its getting dull...)
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #332,048
  • Dec 7, 2012 7:17am Dec 7, 2012 7:17am
Quoting TauTrader
No- No

Either UP or DOWN

Come on forexleagues... pick one
Down, then up
Attached Image (click to enlarge)
Click to Enlarge Name: gu27.gif Size: 17 KB
Come with me if you want to live....
  • #332,049
  • Dec 7, 2012 7:18am Dec 7, 2012 7:18am
Quoting alex1976
Some people are greedy Tau, they want both
Sir Alex,

Hehe - don't we all...

I already see a lot over the past page or so..

You remain DOWN
  • #332,050
  • Dec 7, 2012 7:18am Dec 7, 2012 7:18am
Quoting fxtyrant
For ppl wondering what nfp will do?
Ill give u a hint and you heard it here first... If number comes out above +50k its gona be risk on and seeing as its expected to come at 90k means its gona be leaning towards more than 50k so i think nfp will make a push up to retest .6040, but fail to stay above and continue its fall towards 1.5880 (ive repeated this 1.5880 my mouth is dry.... And its getting dull...)
No - pick one only - UP or DOWN
  • #332,051
  • Dec 7, 2012 7:18am Dec 7, 2012 7:18am
I hope so up at least 6090 than down, caddy coming down also, hopefully gbp trigger up another one like few weeks ago
  • #332,052
  • Dec 7, 2012 7:20am Dec 7, 2012 7:20am
Quoting fxtyrant
For ppl wondering what nfp will do?
Ill give u a hint and you heard it here first... If number comes out above +50k its gona be risk on and seeing as its expected to come at 90k means its gona be leaning towards more than 50k so i think nfp will make a push up to retest .6040, but fail to stay above and continue its fall towards 1.5880 (ive repeated this 1.5880 my mouth is dry.... And its getting dull...)

Then stop telling us
Come with me if you want to live....
  • #332,053
  • Dec 7, 2012 7:20am Dec 7, 2012 7:20am
Quoting TauTrader
No - pick one only - UP or DOWN
Wtf!!! I told u!!! Knee jerk reaction up to 6040 the. Continue down, does that not sound clear enough for ppl to load up shorts?
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #332,054
  • Dec 7, 2012 7:20am Dec 7, 2012 7:20am
Quoting Ill-b-back
Down, then up
Oh my G,
Attached Image
  • #332,055
  • Dec 7, 2012 7:21am Dec 7, 2012 7:21am
Quoting fxtyrant
Wtf!!! I told u!!! Knee jerk reaction up to 6040 the. Continue down, does that not sound clear enough for ppl to load up shorts?
DOWN you are then

Thank you
  • #332,056
  • Dec 7, 2012 7:22am Dec 7, 2012 7:22am
Quoting TauTrader
DOWN you are then

Thank you
Ahhh u wanted the normal condition moves then yes down
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #332,057
  • Dec 7, 2012 7:24am Dec 7, 2012 7:24am
Quoting fxtyrant
Ahhh u wanted the normal condition moves then yes down
Yip - that's it.

Thank you for your pick.

It helps

Regards
  • #332,058
  • Dec 7, 2012 7:26am Dec 7, 2012 7:26am
Just to clarify, my pick is down, but with little upmoves on the way
  • #332,059
  • Dec 7, 2012 7:26am Dec 7, 2012 7:26am
Quoting TauTrader
DOWN you are then

Thank you

Well, factoring in Tyrants analysis, I know have to say:


UP, DOWN, UP...

Sorry TT..
Come with me if you want to live....
  • #332,060
  • Dec 7, 2012 7:33am Dec 7, 2012 7:33am
Quoting Ill-b-back
Well, factoring in Tyrants analysis, I know have to say:


UP, DOWN, UP...

Sorry TT..
Wow i cannot be anymore annoyed risk is on for now guys wow....
Okay i dont know if im right or wrong gbpusd still tanking but all my yen trades shot up.... Looks suspicious though
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
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