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Cable Update (GBPUSD)

  • #355,621
  • Dec 9, 2013 11:59am Dec 9, 2013 11:59am
Quoting PoundTrader
{quote} oh it's going much higher it broke the trend line{image}
It might flutter in this area ..........
Attached Image (click to enlarge)
Click to Enlarge Name: 12_9_13 gu h1.JPG Size: 124 KB
The More You Learn, The More You Earn.....
  • #355,622
  • Dec 9, 2013 12:03pm Dec 9, 2013 12:03pm
Quoting chazzle
GU H1 watching ... waiting
... sleeping?

maybe ...
  • #355,623
  • Dec 9, 2013 12:06pm Dec 9, 2013 12:06pm
I read very often in this forum statements from people commenting trades of people trading against the trend who never showed a single statement of their 'right' trades with the trend. I noticed they provide very smart analysis laughing at the other people (against the trend) thinking they are really smart and look very important, etc. Wonder why do you do this if you are really that good? It seems you let your negative energy out on these people, thus you receive a better feeling on behalf of those getting a bitter bite and very bad feelings.
I wonder are there people who lost a lot amongst those making laughing stock of those other ones I mentioned above?

I am almost always against the trend but measuring the risk, anyways does not matter to you...
There were few times I said that there is big, very big manipulation - on these comments I got replies that I am looking to excuse myself for the wrong entries, etc.
I ask those now - what will you say about the news few days ago where it was announced that the major central banks are in a cartel, exchanging customers' information and manipulating financial markets??? The banks involved are as follows:
Barclays, Deutsche Bank, CitiBank, Societe General Expressbank, JP Morgan Chase, HSBC, etc.

Financial markets are 100% manipulated and they are driven by the interest of certain private personalities - how else should it be anyway if they can manipulate financial markets - decisions are not made by the workers or managers, such decisions are made at other levels.

Have a good night, day, afternoon.
  • #355,624
  • Dec 9, 2013 12:18pm Dec 9, 2013 12:18pm
Quoting forexalien
{quote} Flat moves always bring Big Moves........
Yeah, maybe she want my sl.. there goes 65 pips.. will sit aside on cable for the time being.. will focus on shorting eg and possible exhaution on swissy
  • #355,625
  • Dec 9, 2013 12:21pm Dec 9, 2013 12:21pm
bollingers down to 3 pips. breakout will come sooner or later...
fortis fortuna adiuvat
  • #355,626
  • Dec 9, 2013 12:31pm Dec 9, 2013 12:31pm
Quote
I read very often in this forum statements from people commenting trades of people trading against the trend who never showed a single statement of their 'right' trades with the trend. I noticed they provide very smart analysis laughing at the other people (against the trend) thinking they are really smart and look very important, etc.

I haven't noticed this in this thread. Perhaps you could quote some people and be more specific about who is engaging in this behavior?

Otherwise it just looks like you're attempting to add emotional support to your position.
  • #355,627
  • Dec 9, 2013 12:36pm Dec 9, 2013 12:36pm
GU 1H

Trending
Attached Image (click to enlarge)
Click to Enlarge Name: GU 1H.png Size: 31 KB
  • #355,628
  • Dec 9, 2013 12:36pm Dec 9, 2013 12:36pm
long again
fortis fortuna adiuvat
  • #355,629
  • Dec 9, 2013 12:39pm Dec 9, 2013 12:39pm
and flat.
fortis fortuna adiuvat
  • #355,630
  • Dec 9, 2013 12:49pm Dec 9, 2013 12:49pm
Greed and Fear runs the markets.

I feel like I should take my profits here.

And then I wonder, is taking profits fear?

Is not taking profits greed?

Bah.
  • #355,631
  • Dec 9, 2013 12:53pm Dec 9, 2013 12:53pm
Quoting Baggi
{quote} I haven't noticed this in this thread. Perhaps you could quote some people and be more specific about who is engaging in this behavior? Otherwise it just looks like you're attempting to add emotional support to your position.
Then maybe you are blind...because there is such post on almost every second page.
  • #355,632
  • Dec 9, 2013 12:56pm Dec 9, 2013 12:56pm
Quoting Baggi
Greed and Fear runs the markets. I feel like I should take my profits here. And then I wonder, is taking profits fear? Is not taking profits greed? Bah.
greed and fear are bad advisors defining your exit when your entering a trade could help you with your dilemma.
fortis fortuna adiuvat
  • #355,633
  • Dec 9, 2013 12:56pm Dec 9, 2013 12:56pm
Quoting ravenbg
{quote} Then maybe you are blind...because there is such post on almost every second page.
can u quote..?
  • #355,634
  • Dec 9, 2013 1:09pm Dec 9, 2013 1:09pm
Quoting forexalien
{quote} It might flutter in this area .......... {image}
It has reached this point............
Attached Image (click to enlarge)
Click to Enlarge Name: 12_9_13 gu h1 top.JPG Size: 129 KB
The More You Learn, The More You Earn.....
  • #355,635
  • Dec 9, 2013 1:09pm Dec 9, 2013 1:09pm
Quoting ravenbg
{quote} Then maybe you are blind...because there is such post on almost every second page.

I will admit that blindness might be my problem.

Perhaps you could help me with that and give me some quotes that I've missed?
  • #355,636
  • Dec 9, 2013 1:10pm Dec 9, 2013 1:10pm
Quoting Baggi
Greed and Fear runs the markets. I feel like I should take my profits here. And then I wonder, is taking profits fear? Is not taking profits greed? Bah.
I think Greed runs it more than fear...............
The More You Learn, The More You Earn.....
  • #355,637
  • Dec 9, 2013 1:11pm Dec 9, 2013 1:11pm
Quoting deltaone
{quote} greed and fear are bad advisors defining your exit when your entering a trade could help you with your dilemma.
Yes, and I have defined an exit.

Which I did before I entered. Which I've done before in other trades. And it's so much easier to do before you enter a trade. But then doubt creeps in, and new information comes to light, and second guessing.

But yes, sticking with your initial strategy is better than making changes all the time based on fear and/or greed.
  • #355,638
  • Dec 9, 2013 1:28pm Dec 9, 2013 1:28pm
Quoting nAVIN2007
{quote} can u quote..?
So many traders trying to sell at the top instead of them waiting for the downtrend to be confirm
  • #355,639
  • Dec 9, 2013 1:31pm Dec 9, 2013 1:31pm
Quoting nAVIN2007
{quote} looks that way..bro..u started using charts now?
no, i still trade base on price action but every time i post where i think pound is going base on price action i see people getting mad asking for me to post charts to confirm my trend.
  • #355,640
  • Dec 9, 2013 1:43pm Dec 9, 2013 1:43pm
Quoting PoundTrader
{quote} no, i still trade base on price action but every time i post where i think pound is going base on price action i see people getting mad asking for me to post charts to confirm my trend.
Price Action doesn't need chart... Price is unstoppable!
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