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Cable Update (GBPUSD)

  • #360,021
  • Jan 22, 2014 2:39pm Jan 22, 2014 2:39pm
sell sell GOLD sell pending sells 1245-1250 SL 1255 ..TP 1160 even more ... easy money lol ..
  • #360,022
  • Jan 22, 2014 2:42pm Jan 22, 2014 2:42pm
My GBP/CHF long target 1.5470
  • #360,023
  • Jan 22, 2014 2:43pm Jan 22, 2014 2:43pm
Quoting Davit
{quote} I was not posting about EG
well its even less relevant for any others!!!
  • #360,024
  • Jan 22, 2014 2:44pm Jan 22, 2014 2:44pm
Quoting rambo12
sell sell GOLD sell pending sells 1245-1250 SL 1255 ..TP 1160 even more ... easy money lol ..
sorry wrong thread ..anyhow GOLD sell best SL 1263 or no SL sell on every rise
  • #360,025
  • Jan 22, 2014 2:48pm Jan 22, 2014 2:48pm
Quoting GlobalMacro
Well if someone thinks having a stop loss is funny, something's gotten over their head. I, for one, don't think, they're funny. Stop losses help limit losses and avoid total account depletion. And if you think they're funny, then go ahead and trade without a stop loss.

  • #360,026
  • Jan 22, 2014 2:50pm Jan 22, 2014 2:50pm
Quoting JeremyWS
{quote} well its even less relevant for any others!!!

I think your response was off topic then you come back with "its even less relevant.Yes its less relevant to subject you were discussing which had nothing in common with my post.
In trading, you have to be defensive and aggressive at the same time
  • #360,027
  • Jan 22, 2014 2:55pm Jan 22, 2014 2:55pm
Quoting Qu|cksilver
Hi, Does anyone agree cable may go up to 1.9050 area? or will continue bearish when the market open on monday?
Anything is possible
  • #360,028
  • Jan 22, 2014 3:00pm Jan 22, 2014 3:00pm
Quoting rambo12
sell sell GOLD sell pending sells 1245-1250 SL 1255 ..TP 1160 even more ... easy money lol ..
~1236 is a strong support in my opinion. After break it i will join to bears, maybe next week.

Good luck!
Anything is math!
  • #360,029
  • Jan 22, 2014 3:02pm Jan 22, 2014 3:02pm
Quoting Davit
{quote} I just posted a trade my friend based on my system..I have no idea what price can do in the future but based on BB deviations and RSI 8 I think it has sufficient edge for short.You can be 60% wrong and still make money if you keep your losses short and run your winners. notice the patterns That's all. {image}
The markets can be irrational way, way longer than you could remain liquid
  • #360,030
  • Jan 22, 2014 3:09pm Jan 22, 2014 3:09pm
markets are always rational
With a good book and quality paper you can fine wipe your ass.
  • #360,031
  • Jan 22, 2014 3:11pm Jan 22, 2014 3:11pm
Quoting Makavell
{quote} The markets can be irrational way, way longer than you could remain liquid

Hi Makavell
True also that you can take quick loss if wrong.We all know on every system some trades are successful and some not.With proper RR any decent system can be profitable.I am not dogmatic about positions.I can take a loss.
Regards
In trading, you have to be defensive and aggressive at the same time
  • #360,032
  • Jan 22, 2014 3:21pm Jan 22, 2014 3:21pm
Quoting Ken A
{quote} Worry not. They will show up when PA drops -50 -100 pips with "I told you so"
You are such a big troll. Are you always like this? You also talked a nonsense. You made a reference of GBP/XXX similarity to 2008/2009 and saying that GU is not going to drop from here. For god sake, go and check where was GU located around 2008/2009. You really are a crap talker.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #360,033
  • Jan 22, 2014 3:29pm Jan 22, 2014 3:29pm
Quoting ffleo
{quote} You are such a big troll. Are you always like this? You also talked a nonsense. You made a reference of GBP/XXX similarity to 2008/2009 and saying that GU is not going to drop from here. For god sake, go and check where was GU located around 2008/2009. You really are a crap talker.
take it easy. many traders here are thinking they have a crystal ball - no matter which direction, their prophecy will make them wealthy and famous, sooner or later...
fortis fortuna adiuvat
  • #360,034
  • Jan 22, 2014 3:40pm Jan 22, 2014 3:40pm
Here we go again

Having bad trades?

Picking a fight on the internet punching keyboard and blaming others are not going to make the trades look good.

Unless you have the urge to make others look bad for you to feel good.

Learn to trade like everybody else bickering on the internet is not going to make your accounts grow
  • #360,035
  • Jan 22, 2014 3:41pm Jan 22, 2014 3:41pm
Quoting ffleo
{quote} You are such a big troll. Are you always like this? You also talked a nonsense. You made a reference of GBP/XXX similarity to 2008/2009 and saying that GU is not going to drop from here. For god sake, go and check where was GU located around 2008/2009. You really are a crap talker.

there is a reason why he is on my ignore list.
In trading, you have to be defensive and aggressive at the same time
  • #360,036
  • Jan 22, 2014 3:42pm Jan 22, 2014 3:42pm
Quoting Ken A
Here we go again Having bad trades? Picking a fight on the internet punching keyboard and blaming others are not going to make the trades look good. Unless you have the urge to make others look bad for you to feel good. Learn to trade like everybody else bickering on the internet is not going to make your accounts grow
you talk shit again. You are the one ridicule other's call and trades. Who the heck constantly post nonsense like you followed by tons of "lol"?

There is a reason I removed my subscription to you. I am tired of your crap.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #360,037
  • Jan 22, 2014 4:02pm Jan 22, 2014 4:02pm
Today's chart is looking very similar to yesterday chart, exceedingly flat. A very tight range.

I'm sure we will but out of this range (And then maybe back) within the next 8 hours, but any significant extended climb or retrace will probably wait on tomorrow's news.
  • #360,038
  • Jan 22, 2014 4:12pm Jan 22, 2014 4:12pm
Quoting GlobalMacro
Well if someone thinks having a stop loss is funny, something's gotten over their head. I, for one, don't think, they're funny. Stop losses help limit losses and avoid total account depletion. And if you think they're funny, then go ahead and trade without a stop loss.
I wasn't talking about stops. I was talking about traders joking about other traders.
I thought that this is a community of people with one profession, hobby or goal in common and not a schoolyard of bull kids versus bear kids.
Be water, my friend
  • #360,039
  • Jan 22, 2014 4:24pm Jan 22, 2014 4:24pm
Quoting Kajos2250
{quote} ~1236 is a strong support in my opinion. After break it i will join to bears, maybe next week. Good luck!
no support nothing is gonna stop the fall. likely to 1150 then again 1220-30 somewhere again down to 1050 there begins the big war for bulls n bears .. ultimately bears gonna win the battle and kick the gold under $1000.. long term $700 ( take few months)..good luck ...
  • #360,040
  • Jan 22, 2014 4:26pm Jan 22, 2014 4:26pm
Professionals use stop loss.

If someone doesn't like stop loss then they shouldn't use it, nobody forces them to.

And understand this:

Everybody is entitled to their opinion including me.
Hear the music before the song is over ...
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