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Cable Update (GBPUSD)

  • #375,561
  • May 2, 2014 12:16pm May 2, 2014 12:16pm
Quoting Citiboy
how many pages will i need to go back before someone proclaims todays move was "all in teh chartz"
Quoting tomspin
{quote} I am thinking about slow grind towards 1,6820 then rally towards 1.70 target as I think data will dissapoint, there you go
pure tech call mate as much as I like fundie side of trading...
swing it!
  • #375,562
  • May 2, 2014 12:20pm May 2, 2014 12:20pm
smart money is forcing USD down to buy at discount..
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  • #375,563
  • May 2, 2014 12:28pm May 2, 2014 12:28pm
I added few shorts at 6870
With positive unemployment 6.3!! its perplexing PA
I figure soon or later fundies will catch up.
In trading, you have to be defensive and aggressive at the same time
  • #375,564
  • May 2, 2014 12:36pm May 2, 2014 12:36pm
Quoting Davit
I added few shorts at 6870 With positive unemployment 6.3!! its perplexing PA I figure soon or later fundies will catch up.
6.3 is only one number in there .. the people dropping out of the race to even get a job, stagnant wages, participation rates .. If you want to analyse fundies you gotta look at the whole thing, and even then you will still not see the entire picture

Other countries participate in forex remember so unless you are going to analyse every country and major player in the market for reasons why they may or may not buy or sell dollars and in what quantity and when then you are as good as blind trying to trade using single data points. You think China will look solely at the 6.3 and go "Oh we better stop selling dollars and diversifying our reserves then" or that the SNB are going to stop buying any euros to keep it's peg etc. etc. ?
  • #375,565
  • May 2, 2014 12:42pm May 2, 2014 12:42pm
Quoting AlanB
{quote} 6.3 is only one number in there .. the people dropping out of the race to even get a job, stagnant wages, participation rates .. If you want to analyse fundies you gotta look at the whole thing, and even then you will still not see the entire picture Other countries participate in forex remember so unless you are going to analyse every country and major player in the market for reasons why they may or may not buy or sell dollars and in what quantity and when then you are as good as blind trying to trade using single data points. You think...
Hi Alan B
You assume way too much who I am and how I trade.When I need lecture about trading you won't be the person to ask!
In trading, you have to be defensive and aggressive at the same time
  • #375,566
  • May 2, 2014 12:45pm May 2, 2014 12:45pm
Quoting Davit
{quote} Hi Alan B You assume way too much who I am and how I trade.When I need lecture about trading you won't be the person to ask!
lol ok mate, I wasn't the one complaining the PA was perplexing though. Perhaps you should have posted it to your twitter instead of a forum if you didn't want any discussion on the matter?
  • #375,567
  • May 2, 2014 12:45pm May 2, 2014 12:45pm
Quoting jonnypants
yo dudes with the big bollocks, how's the trading been today???
Hey U talkin two me .. hey toeknee u talk in to me .. yeh good thanks hombre and u hows it going johhny boy ..
  • #375,568
  • May 2, 2014 12:46pm May 2, 2014 12:46pm
Funny that
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  • #375,569
  • May 2, 2014 12:48pm May 2, 2014 12:48pm
[quote=jonnypants;7444540]ok just wanted to wish y'all a happy bank holiday weekend and I hope u spend some good quality time with your homie girls! {image}[/
way 2 go .. vroooooom vroooooooom they az me engine reving ..
  • #375,570
  • May 2, 2014 12:48pm May 2, 2014 12:48pm
Quoting Davit
{quote} Hi Alan B You assume way too much who I am and how I trade.When I need lecture about trading you won't be the person to ask!
relax bro, he made 50 pips today. hes officially an fx guru.
Twitter: @TrendersGame
  • #375,571
  • May 2, 2014 12:49pm May 2, 2014 12:49pm
Welcome to collection
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In trading, you have to be defensive and aggressive at the same time
  • #375,572
  • May 2, 2014 12:53pm May 2, 2014 12:53pm
Quoting Davit
Welcome to collection {image}
lol ah the old "I need to show people how much I am ignoring them"

Good luck with your trading, I know you've been profiting well for a while now and nothing I said was insulting your efforts, I just discussed the idea of a single data point trade but be a baby about it if you want (I know you'll read this, you put so much effort into showing me how much you're ignoring me you're bound to be unable to resist reading what I respond with)
  • #375,573
  • May 2, 2014 12:53pm May 2, 2014 12:53pm
Quoting AlanB
{quote} lol ok mate, I wasn't the one complaining the PA was perplexing though. Perhaps you should have posted it to your twitter instead of a forum if you didn't want any discussion on the matter?
nevermind, he's a sensitive kind, an artist and then some, you know.
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  • #375,574
  • May 2, 2014 12:54pm May 2, 2014 12:54pm
Quoting Citiboy
{quote} relax bro, he made 50 pips today. hes officially an fx guru.
Says the guy that came along spouting shit to others after stopping himself out. Good job. I tried to leave our convo. on more friendly terms earlier saying you should just try to control your emotional state better on the bad days, no need to try take it out on others and good luck .. but I guess now you show yourself to just be an ass who holds grudges over internet forums ?
  • #375,575
  • May 2, 2014 12:54pm May 2, 2014 12:54pm
Quoting AlanB
{quote} lol ah the old "I need to show people how much I am ignoring them" Good luck with your trading, I know you've been profiting well for a while now and nothing I said was insulting your efforts, I just discussed the idea of a single data point trade but be a baby about it if you want (I know you'll read this, you put so much effort into showing me how much you're ignoring me you're bound to be unable to resist reading what I respond with)
he was profiting is his demo account, that's true as well.
  • #375,576
  • May 2, 2014 12:55pm May 2, 2014 12:55pm
Quoting AlanB
{quote} Says the guy that came along spouting shit to others after stopping himself out. Good job.
Smackdown begins. lol.
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  • #375,577
  • May 2, 2014 12:57pm May 2, 2014 12:57pm
Quoting ruffryders
{quote} Smackdown begins. lol. {image}

Lol

Just like a real trading pit, fights and bullshit all day long. You can always tell the ones that had a bad day.
  • #375,578
  • May 2, 2014 12:58pm May 2, 2014 12:58pm
I knew this thread was where all the real action goes down!
Twitter: @TrendersGame
  • #375,579
  • May 2, 2014 1:01pm May 2, 2014 1:01pm
Quoting AlanB
{quote} Lol Just like a real trading pit, fights and bullshit all day long. You can always tell the ones that had a bad day.
This artist boy is amazing still, claims to be a king of fundies, yet he's short GU now.

I posted the GU scorecard today, so I don't see how that short trade fits into his fundumental-based trading concept.

I guess he's got balls of steel and can withstand 500 points drawdown and still emerge unscathed from the battle brand new with a new demo account.

True warrior spirit that one, in a gentle and subtle way but. Artist, that's telling, right?
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  • #375,580
  • May 2, 2014 1:06pm May 2, 2014 1:06pm
Quoting Citiboy
I knew this thread was where all the real action goes down!
Don’t argue with idiots. They’ll drag you down to their level then beat you with experience.
In trading, you have to be defensive and aggressive at the same time
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