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Cable Update (GBPUSD)

  • #364,841
  • Feb 19, 2014 2:13pm Feb 19, 2014 2:13pm
Quoting kimisiow83
{quote} No people have rights to call anyone idiot or muppet. Everybody have their own view. We need not to defend about anything, human being are not perfect. I do have mistake and setup failed sometime having loss trade, but I know in long term I am doing great. There is nothing to defend for, setup will failed, but important is profit in long term. Regards
Kim no one is calling you an idiot. You just need to stick to your trading plan, and not let anyone else sway your opinion on the market. Read what people say, but if you have a plan see it through, don't let someone else change your mind no one has a crystal ball.

If you follow other people, you'll get lost and lose money.
There are those who know, and there are those who don't know.
  • #364,842
  • Feb 19, 2014 2:15pm Feb 19, 2014 2:15pm
Quoting kimisiow83
{quote} No people have rights to call anyone idiot or muppet. Everybody have their own view. We need not to defend about anything, human being are not perfect. I do have mistake and setup failed sometime having loss trade, but I know in long term I am doing great. There is nothing to defend for, setup will failed, but important is profit in long term. Regards

True Wisdom
  • #364,843
  • Feb 19, 2014 2:15pm Feb 19, 2014 2:15pm
Quoting palabara
{quote} Kim no one is calling you an idiot. You just need to stick to your trading plan, and not let anyone else sway your opinion on the market. Read what people say, but if you have a plan see it through, don't let someone else change your mind no one has a crystal ball. If you follow other people, you'll get lost and lose money.
True Wisdom also
  • #364,844
  • Feb 19, 2014 2:16pm Feb 19, 2014 2:16pm
Quoting kimisiow83
{quote} No people have rights to call anyone idiot or muppet. Everybody have their own view. We need not to defend about anything, human being are not perfect. I do have mistake and setup failed sometime having loss trade, but I know in long term I am doing great. There is nothing to defend for, setup will failed, but important is profit in long term. Regards
Judging by the way you write english, I'm guessing you and I don't live in the same country. Where I live, we hold our rights pretty dear. That right includes the freedom to speak ones mind, even if it does make you look like an idiot by calling other people names, like idiot or muppet.

I may not agree if someone calls you names, or says something stupid, but I'll defend their right to say it. Because where I come from, it's just the opposite of what you said. Everyone has the right to call anyone they'd like an "idiot or muppet".
  • #364,845
  • Feb 19, 2014 2:17pm Feb 19, 2014 2:17pm
Quoting DailyChart
{quote} never withdraw yourself from this forum temporarly mate - I have a lot life thing for sharing with you - trading have a strong relationship with our life - by understanding how human reacts then we will know how this market works Regards
Don't worry mate. I will not withdraw, because I know there is something for me to learn or share here, but forgive me for only choosing some positive and really valuable 1. I am no jokes or BS that I have been BUY since couple weeks ago. I have 3 MT4 brokers account and 1 web trading. This is one of them with my Cable entry. I have my entry since 1.63, 1.64, 1.65, 1.66, and waiting for 1.67 entry. As I say on earlier message, I don't average my loss but I only average my profit. Setup failed and I am done with my average profit. That's all. If setup failed from the beginning, take the loss small.

Best regards.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh1.png Size: 23 KB
I am not the SMARTEST person in the world, I am the PERSISTENT one.
  • #364,846
  • Feb 19, 2014 2:18pm Feb 19, 2014 2:18pm
Quoting Citiboy
BEARS....Time to transform and roll out.

February 19, 2014 9:21 am Vodafone details share windfall for investors from Verizon deal By Chris Newlands in London, Financial Times Vodafone said on Wednesday that shareholders would receive 0.026 shares in Verizon Communications for each Vodafone share they own as part of their payout for the $130bn sale of the group’s stake in Verizon Wireless.
I wish trading was that simple and based on that one only reason.
  • #364,847
  • Feb 19, 2014 2:21pm Feb 19, 2014 2:21pm
Quoting Baggi
{quote} Judging by the way you write english, I'm guessing you and I don't live in the same country. Where I live, we hold our rights pretty dear. That right includes the freedom to speak ones mind, even if it does make you look like an idiot by calling other people names, like idiot or muppet. I may not agree if someone calls you names, or says something stupid, but I'll defend their right to say it. Because where I come from, it's just the opposite of what you said. Everyone has the right to call anyone they'd like an "idiot or muppet".
Cool. Sounds like the intellectual culture of the land of the free.
Fix up, trade sharp ...
  • #364,848
  • Feb 19, 2014 2:25pm Feb 19, 2014 2:25pm
Howzit GU!

State of play 3 issues US markets rallied in early trade but gains were capped when the world bank announced that equity markets were indeed at risk from EM risks.
Then we shift focus to FOMC and there were no surprises but a hint at interest rate hikes boosted the dollar and all FX majors weakened in response. It doesn't seem to be a trade you can fade. Note EU in particular is challenging its 50 candle sma on the 1H TF. I'm sure you've noticed cable PA is bearish Major indexes Futures continue to sell off. Gold has found support at 1311 but should continue to 1305 - nice opportunity

It is possible that this trading action will persist through the Asian session and again into the London session especially since these markets have not had time to digest the news yet.

$SPX has broken ST support at 1831 and is trading down at 1828 presently $DXY is above daily resistance and the fundies are viewing this all as a trend change... as predicted.

Trade safe
  • #364,849
  • Feb 19, 2014 2:25pm Feb 19, 2014 2:25pm
Quoting Baggi
{quote} Judging by the way you write english, I'm guessing you and I don't live in the same country. Where I live, we hold our rights pretty dear. That right includes the freedom to speak ones mind, even if it does make you look like an idiot by calling other people names, like idiot or muppet. I may not agree if someone calls you names, or says something stupid, but I'll defend their right to say it. Because where I come from, it's just the opposite of what you said. Everyone has the right to call anyone they'd like an "idiot or muppet".
Yes, I am from Asia so please forgive my bad english and I admit that. Yes, everyone holds their rights to call someone idiot or muppet. But I always think before do, what's earn me if I call someone idiot or muppet? Do I earn their respect by calling them idiot or muppet? How about we change each other position, he is the one who calling me idiot or muppet? How will I feel? Do they earn my respect after calling me idiot or muppet? So, there is no reason for me to hurt someone feeling, doesn't earn their respect, earn myself nothing by calling other people idiot or muppet although I have the rights to do so. Just my 2 cents view.

Regards.
I am not the SMARTEST person in the world, I am the PERSISTENT one.
  • #364,850
  • Feb 19, 2014 2:29pm Feb 19, 2014 2:29pm
As an American I would defend our rights to death. But I really hate it when people abuse it like using it to put others down. I'm pretty sure that's not the our forefathers had in mind when they wrote our constitution. but anyway, let's not get political here guys. we all have the same goal, and it's taking our broker's money. let's focus on that.
  • #364,851
  • Feb 19, 2014 2:30pm Feb 19, 2014 2:30pm
[quote=JimmyC It is possible that this trading action will persist through the Asian session and again into the London session especially since these markets have not had time to digest the news yet. [/quote]

Good point.
There are those who know, and there are those who don't know.
  • #364,852
  • Feb 19, 2014 2:31pm Feb 19, 2014 2:31pm
Quoting DailyChart
{quote} Its Ok - I dont care who they are in this forum - as long they respect every members and never call them idiot then he will have my respect Thank You
I agree. We all have rights to share our thoughts and ideas. There is nothing to be offended or personal. At the end I will decide what am I going to do. As this is a two way market so there always will be two sides but we all have to respect each other.
  • #364,853
  • Feb 19, 2014 2:32pm Feb 19, 2014 2:32pm
focus focus pple...don't rock the boat, we are in this ship together be it bull or bear to take our counterparties' bucks
  • #364,854
  • Feb 19, 2014 2:35pm Feb 19, 2014 2:35pm
Quoting cheater
focus focus pple...don't rock the boat, we are in this ship together be it bull or bear to take our counterparties' bucks
Don't take my money.. I have 9 kids and a shoe house!
There are those who know, and there are those who don't know.
  • #364,855
  • Feb 19, 2014 2:37pm Feb 19, 2014 2:37pm
Quoting palabara
{quote} Kim no one is calling you an idiot. You just need to stick to your trading plan, and not let anyone else sway your opinion on the market. Read what people say, but if you have a plan see it through, don't let someone else change your mind no one has a crystal ball. If you follow other people, you'll get lost and lose money.

very well said. Bulls make money, bears make money, pigs get slaughter. Don't be the guy that's in the middle of the street and try to catch bus in both direction. stick to your guts!!!
  • #364,856
  • Feb 19, 2014 2:38pm Feb 19, 2014 2:38pm
Quoting palabara
{quote} Don't take my money.. I have 9 kids and a shoe house!
alrighty mate, i'll leave food on the table for the 9 kids once you are gone
  • #364,857
  • Feb 19, 2014 2:42pm Feb 19, 2014 2:42pm
This picture is daily chart. That represent 95% of retail traders expectations and here we go the bloody market maker kills you with the green daily candle beating all 3 days per one. This is the classic of FX. Keep that in mind.
Attached Image (click to enlarge)
Click to Enlarge Name: fake market.jpg Size: 74 KB
  • #364,858
  • Feb 19, 2014 2:45pm Feb 19, 2014 2:45pm
Quoting Trader88q
This picture is daily chart. That represent 95% of retail traders expectations and here we go the bloody market maker kills you with the green daily candle beating all 3 days per one. This is the classic of FX. Keep that in mind. {image}
Trader.. you think MM are bad now.. Back in 2002.. You wouldn't been able to get out of your position with a stoploss. The Re-quotes, and blackouts during high volatility. MM are passive now, they have less control, but to hedge against clients.
There are those who know, and there are those who don't know.
  • #364,859
  • Feb 19, 2014 2:45pm Feb 19, 2014 2:45pm
Quoting palabara
{quote} Kim no one is calling you an idiot. You just need to stick to your trading plan, and not let anyone else sway your opinion on the market. Read what people say, but if you have a plan see it through, don't let someone else change your mind no one has a crystal ball. If you follow other people, you'll get lost and lose money.
Thanks for your true wisdom advice mate. As I said earlier when joining here, I never admit I am expert in trading. I try to absorb more experience by taking others opinion and view because I always believe that learning on trading career will never end and need to be update always. But you have remind me something, READ what people say. Thanks.

Regards
I am not the SMARTEST person in the world, I am the PERSISTENT one.
  • #364,860
  • Feb 19, 2014 2:45pm Feb 19, 2014 2:45pm
Quoting JimmyC
Howzit GU! State of play 3 issues US markets rallied in early trade but gains were capped when the world bank announced that equity markets were indeed at risk from EM risks. Then we shift focus to FOMC and there were no surprises but a hint at interest rate hikes boosted the dollar and all FX majors weakened in response. It doesn't seem to be a trade you can fade. Note EU in particular is challenging its 50 candle sma on the 1H TF. I'm sure you've noticed cable PA is bearish Major indexes Futures continue to sell off. Gold has found support at...
That's more realistic Jimmy
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