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Cable Update (GBPUSD)

  • #345,801
  • Aug 25, 2013 10:49pm Aug 25, 2013 10:49pm
Quoting Davit
{quote} Like I said you have reading issues.My comment was very specific but its a pity 10+V member can't even read content correctly. I am done responding to idiots {quote} My response {quote}
From one idiot to another, I'm pretty sure I clearly pointed out that my issue with you was not related solely to todays posts.
And I'm the one with reading issues lol...
See ya Davit...
Come with me if you want to live....
  • #345,802
  • Aug 26, 2013 12:00am Aug 26, 2013 12:00am
Some take my questions in wrong way.When asking questions to other traders I don't necessarily try to find fault or weakness or get a ego boast but trying to understand the other trader's viewpoint.I am always constantly try to improve and learned great deal from others here.
It is to me essential to engage with other traders to see what they see and this is the essence of forum- exchange of ideas.
Regards to all
In trading, you have to be defensive and aggressive at the same time
  • #345,803
  • Aug 26, 2013 1:50am Aug 26, 2013 1:50am
Quoting Davit
{quote} I have no limit shorts on cable but plenty of live shorts on G/C
I have s on GC and it keeps on droping
Loosening is not an option
  • #345,804
  • Aug 26, 2013 2:47am Aug 26, 2013 2:47am
Knockitoff BOYZ!!! im trying to smoke some weed in peace
  • #345,805
  • Aug 26, 2013 3:11am Aug 26, 2013 3:11am
Quoting Makavell
Knockitoff BOYZ!!! im trying to smoke some weed in peace

don't smoke to much )
Loosening is not an option
  • #345,806
  • Aug 26, 2013 3:22am Aug 26, 2013 3:22am
Stop run. Criminal. Pure criminal.
  • #345,807
  • Aug 26, 2013 3:29am Aug 26, 2013 3:29am
Quoting Fxmaximus
Stop run. Criminal. Pure criminal.

what on fryland are you talking about???
  • #345,808
  • Aug 26, 2013 3:35am Aug 26, 2013 3:35am
Quoting Makavell
{quote} what on fryland are you talking about???
If you had a GBP/USD position, you'd know. Check out the smaller minute lights.
  • #345,809
  • Aug 26, 2013 3:37am Aug 26, 2013 3:37am
Hello

This GBP/US is not an easy pair to trade

keep thinking it wants to go back to 15700

my short is at 15600 TP 15450

It would be easy to get caught with shorts an longs in this pair.

It would turn into one big screw up
  • #345,810
  • Aug 26, 2013 3:40am Aug 26, 2013 3:40am
Quoting Ill-b-back
{quote} From one idiot to another, I'm pretty sure I clearly pointed out that my issue with you was not related solely to todays posts. And I'm the one with reading issues lol... See ya Davit...

having a bias is one of the paradoxes trading offers..
the main thing is u dont see it as something which has to happen..if u dont have a bias how can one hold for 500 pips plus.. without monitoring???

ask yurself this..
  • #345,811
  • Aug 26, 2013 3:41am Aug 26, 2013 3:41am
Quoting Fxmaximus
{quote} If you had a GBP/USD position, you'd know. Check out the smaller minute lights.

This is a public service announcement! "Stay off black oily weed people, kindly stick to the brown type!!"
  • #345,812
  • Aug 26, 2013 3:42am Aug 26, 2013 3:42am
Quoting Makavell
Knockitoff BOYZ!!! im trying to smoke some weed in peace
STONER!!!
Come with me if you want to live....
  • #345,813
  • Aug 26, 2013 3:42am Aug 26, 2013 3:42am
Quoting Davit
Some take my questions in wrong way.When asking questions to other traders I don't necessarily try to find fault or weakness or get a ego boast but trying to understand the other trader's viewpoint.I am always constantly try to improve and learned great deal from others here. It is to me essential to engage with other traders to see what they see and this is the essence of forum- exchange of ideas. Regards to all
  • #345,814
  • Aug 26, 2013 3:44am Aug 26, 2013 3:44am
Quoting nAVIN2007
{quote} having a bias is one of the paradoxes trading offers.. the main thing is u dont see it as something which has to happen..if u dont have a bias how can one hold for 500 pips plus..??? without monitoring ask yurself this..
I have never had a problem with traders having a bias, I use them myself.
Come with me if you want to live....
  • #345,815
  • Aug 26, 2013 3:46am Aug 26, 2013 3:46am
another point id like to add..trading a 5 minute chart is no different to trading a monthly chart except the time interval
  • #345,816
  • Aug 26, 2013 3:48am Aug 26, 2013 3:48am
Quoting Ill-b-back
{quote} I have never had a problem with traders having a bias, I use them myself.

the point im trying to make is..i personally think every1 has a bias..the minute u the press the trigger..but the difference is..some understand it doesnt always mean it will happen..thats why we use mm and an edge which is supposed to be back tested

its all probability at the end of the day
  • #345,817
  • Aug 26, 2013 3:51am Aug 26, 2013 3:51am
Quoting nAVIN2007
{quote} the point im trying to make is..i personally think every has a bias..the minute the press the trigger..but the difference is..some understand it doesnt always mean it will happen..thats why we use mm and an edge which is supposed to be back tested its all probability at the end of the day
You are speaking to the converted.
Im just trying to figure out why you are telling me this all of a sudden.
Come with me if you want to live....
  • #345,818
  • Aug 26, 2013 3:55am Aug 26, 2013 3:55am
Quoting Ill-b-back
{quote} You are speaking to the converted. Im just trying to figure out why you are telling me this all of a sudden.

no reason buddy..just trying to expand on the idea and see what other traders think about it..and since u guys are talking about, the hole bias thing..i thought id quote ya

we all have a bias..i believe, otherwise we might as well..toss a coin
but i do think some simply say they dont because a book say "bias gonna kill ya" (hence the paradox)

a trader going to set a TP and wait for it to hit:-simply cannot do this unless he has a bias!!!..
  • #345,819
  • Aug 26, 2013 4:00am Aug 26, 2013 4:00am
Just woke up in sleeping /vacation mode in this Monday ranging day as usual & to see actually what GOLD bull doing , ok but not enough at starting & next limit up goes again 1381 , breaks up should go 1375 BO point. so scalping short ok to see breaks 1390 as start.

Gu also not enough from 5546 , now 5574 bo point with confirmation to watch breaks 5561 & 39 ok , bo will look for 5519 & 5422 bo point. so both short mode should work for the timebeing & in such ranging day while gold already finished one top & now to correct before further if any next time .
eu also same as before waiting action down !! some bull chances there in all as ranging daylong probable .
Take care ,
fontu
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusdh4.png Size: 41 KB
Click to Enlarge Name: goldh4.png Size: 40 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #345,820
  • Aug 26, 2013 4:01am Aug 26, 2013 4:01am
Quoting nAVIN2007
{quote} no reason buddy..just trying to expand on the idea and see what other traders think about it..and since u guys are talking about, the hole bias thing..i thought id quote ya we all have a bias..i believe, otherwise we might as well..toss a coin but i do think some simply say they dont because a book say "bias gonna kill ya"
That last sentence has me nodding in agreement.
I mean if my limit orders happened to get triggered on Wed before Carneys appearance, that's not really a bias right...
Come with me if you want to live....
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