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Cable Update (GBPUSD)

  • #345,821
  • Aug 26, 2013 4:03am Aug 26, 2013 4:03am
Quoting Ill-b-back
{quote} 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...

i see where yur going
  • #345,822
  • Aug 26, 2013 4:51am Aug 26, 2013 4:51am
i see people here getting in all sort of arguments, both constructive and destructive....
but then again i dont blame any of you guys.... markets been damn boring....
personally not quite satisfied holding on to my 40% gain for the month of August.... i want more....
yawn...

Even more funny to see how Navin and Ill-b-back being buddies all of a sudden on opposing trade idea...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #345,823
  • Aug 26, 2013 5:06am Aug 26, 2013 5:06am
Quoting Davit
{quote} Quoting Davit
{quote} Why you think whatever Carney says will be positive for cable.I mean you already creating a bias before him speaking..[highlight=#f4f6f9][color=#656565][font=Verdana].. Much depends what Euro will do.If Euro plummets further...
I'll plan on buying on a spike down, aim for retracement.

Can't always do this, but will try
  • #345,824
  • Aug 26, 2013 5:13am Aug 26, 2013 5:13am
And then people on this thread thought i was nuts for shorting GBPUSD at 1.58 about a year or so ago, aiming for 1.48, all i did was suffer a 500 pip drawdown up to 1.63 but ultimately i got my 1000 pip profit.....
it does show you there are different type of traders here and im here for the Long term.
people thought i was nuts for targeting anything sub 1.50...
people fail to realize the fact that GBPUSD has been in a 30 years down trend so really all we should do without trading against the long term trend is to SHORT the GBPUSD whenever you can and as close to the 30 year trend line as possible... but the bias has always been to short the GBPUSD
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #345,825
  • Aug 26, 2013 6:06am Aug 26, 2013 6:06am
How y'all doin'?
  • #345,826
  • Aug 26, 2013 8:06am Aug 26, 2013 8:06am
Quoting nAVIN2007
another point id like to add..trading a 5 minute chart is no different to trading a monthly chart except the time interval
This is the same reason people get in too early or get out too early.

They expect fast results when they get in too early and more results when they get in too late.................IMO...............
The More You Learn, The More You Earn.....
  • #345,827
  • Aug 26, 2013 8:08am Aug 26, 2013 8:08am
Entered short, a little early, but do hope for the down trend.
Believe what you see instead of what you think!
  • #345,828
  • Aug 26, 2013 8:14am Aug 26, 2013 8:14am
Quoting forexalien
{quote} This is the same reason people get in too early or get out too early. They expect fast results when they get in too early and more results when they get in too late.................IMO...............
u need to be alert to trade such a time frame
  • #345,829
  • Aug 26, 2013 8:16am Aug 26, 2013 8:16am
http://www.forexfactory.com/showthre...62#post6918462



posted on E/U,
reason of slide down.

(news comment)
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  • #345,830
  • Aug 26, 2013 10:59am Aug 26, 2013 10:59am
Good day to you,

No GU position at the moment. Looking to see if we drop lower and see reaction @ 1.5490 - 1.5486. I do not believe this is a sustainable drop and I am expecting the recent high @ 1.571x to be broken and possibly to 1.5845 during coming weeks.

I'll be looking to trade this.

Regards
  • #345,831
  • Aug 26, 2013 1:23pm Aug 26, 2013 1:23pm
ToIll-b-back

I regret even answering you.I checked your posts and your explorer and no wonder results speak for themselves.
Not much of intelligent analyses and not much profits either and you got the audacity to feel hilarious about others and stick your nose where it does not belong.
I would of been lot more humble with your results!!
You are on my ignore list.
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In trading, you have to be defensive and aggressive at the same time
  • #345,832
  • Aug 26, 2013 2:23pm Aug 26, 2013 2:23pm
Quoting Davit
ToIll-b-back I regret even answering you.I checked your posts and your explorer and no wonder results speak for themselves. Not much of intelligent analyses and not much profits either and you got the audacity to feel hilarious about others and stick your nose where it does not belong. I would of been lot more humble with your results!! You are on my ignore list. {image}
Last time I checked, one did not have to be a good trader to spot and comment on traders he thought were being hippo critical.
As for sticking my nose in to where it does not belong, perhaps you should aim that view and perception at yourself Davit before being critical of others for holding a bias while you yourself held a trading (short) bias.
I noticed only those holding a long bias became subject to your advisory tone on the importance of not having a bias.
But like I said, it was not that they held a bias that you had problems with, just that it was different to your bias.
Your lame attempt to embarrass me by straying off topic with an old trade explorer has fallen over Davit and only resulted in me highlighting the floors in your advisory logic yet again.
But I'm on ignore right? so you won't be tempted to take me off ignore to read this post right?
What a shame lol...
Keep it coming Davit, I've got all day
Come with me if you want to live....
  • #345,833
  • Aug 26, 2013 5:06pm Aug 26, 2013 5:06pm
you guys have got to calm the f**k down
ill-b-back and davit....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #345,834
  • Aug 26, 2013 6:17pm Aug 26, 2013 6:17pm
Quoting fxtyrant
you guys have got to calm the f**k down ill-b-back and davit....
Too Funny ! They really need to find other things to go and do.

Positive personalities make for a good trader.....IMO...........
The More You Learn, The More You Earn.....
  • #345,835
  • Aug 26, 2013 7:40pm Aug 26, 2013 7:40pm
well, well.. seems like we are going nowhere.. got stopped out yesterday for 25pips and i think it's not a wise decision to trade cable atm until clear indication of the momentum (in whichever direction)..

i think it's better for me to stay focus on the aussie and kiwi for the time being.. would really like to see both fiber and cable following the aussie and kiwi..

trade safe, later guys.
  • #345,836
  • Aug 26, 2013 8:16pm Aug 26, 2013 8:16pm
Quoting A-speculator
well, well.. seems like we are going nowhere.. got stopped out yesterday for 25pips and i think it's not a wise decision to trade cable atm until clear indication of the momentum (in whichever direction).. i think it's better for me to stay focus on the aussie and kiwi for the time being.. would really like to see both fiber and cable following the aussie and kiwi.. trade safe, later guys.
carnage
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  • #345,837
  • Aug 26, 2013 10:16pm Aug 26, 2013 10:16pm
Quoting openyoureyes
{quote} carnage {image}
Carnage? I dont see it...
no body gives a fuck bout tick charts here
the least i trade is H4.....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #345,838
  • Aug 26, 2013 10:23pm Aug 26, 2013 10:23pm
Looking maybe north from here to 5660. Will see in a few hours.
There's always money in the banana stand.
  • #345,839
  • Aug 26, 2013 11:34pm Aug 26, 2013 11:34pm
Quoting LizardGizzard
Looking maybe north from here to 5660. Will see in a few hours.
im feeling more south towards 1.5450 area instead.....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #345,840
  • Aug 27, 2013 12:01am Aug 27, 2013 12:01am
Yep. We are in kind of a BLAH zone until she picks a true direction for the next day.
There's always money in the banana stand.
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