gbp/usd going to 1.81? | Forex Factory

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gbp/usd going to 1.81?

  • #1
  • First Post: Jul 18, 2006 9:21am Jul 18, 2006 9:21am
what everybody's view is gbp/usd still heading to 1.81?
  • #2
  • Jul 18, 2006 9:48am Jul 18, 2006 9:48am
lot of speculation or stop hunting or what ever , like always

Possible to 1,80, yes. let see tomorrow for CPI.
  • #3
  • Jul 18, 2006 9:59am Jul 18, 2006 9:59am
I like that sig trucco....aint that the TRUTH!
  • #4
  • Jul 18, 2006 10:10am Jul 18, 2006 10:10am
Quoting cheese
I like that sig trucco....aint that the TRUTH!
Thanks cheese.

You know what. i believe behind the 'forex machine' there are a lot of movements to take away money from little traders, so I base my trades much more on the 'logic of speculation' and on the logic of 'taking away traders money' togheter with foundamentals, economical data etc...
  • #5
  • Jul 18, 2006 10:15am Jul 18, 2006 10:15am
Trucco


could you expand on that a bit?

Thanks
  • #6
  • Jul 18, 2006 10:16am Jul 18, 2006 10:16am
Quoting trucco
Thanks cheese.

You know what. i believe behind the 'forex machine' there are a lot of movements to take away money from little traders, so I base my trades much more on the 'logic of speculation' and on the logic of 'taking away traders money' togheter with foundamentals, economical data etc...
Agreed....all I ask is a piece of the big overall pie.
  • #7
  • Jul 18, 2006 10:23am Jul 18, 2006 10:23am
Quoting pmurfin
Trucco


could you expand on that a bit?

Thanks
hard to explain
what you dont understand ?
  • #8
  • Jul 18, 2006 10:28am Jul 18, 2006 10:28am
well the type of logic you might apply re taking away small traders money' ... i guess looking at obvious stop/pain levels???
  • #9
  • Jul 18, 2006 10:33am Jul 18, 2006 10:33am
trucco, I know what you are saying, but this statement really has no logic to it. As you have stated it, you have set up a conundrum. On the one hand there is no need to explain something that is understood and on the other hand If it is not understood it cannot be explained...

LOL Scott


Quoting trucco
hard to explain
what you dont understand ?
  • #10
  • Jul 18, 2006 10:40am Jul 18, 2006 10:40am
Quoting smjones
trucco, I know what you are saying, but this statement really has no logic to it. As you have stated it, you have set up a conundrum. On the one hand there is no need to explain something that is understood and on the other hand If it is not understood it cannot be explained...

LOL Scott

Hi smjones,

with big respect for a the much longer experience that you have, I agree with what you say .

Its hard to explain by words what I mean. Is just intuition of speculation that must be developed in our brain to trade well Im sure you know much better then me what Im talking about

Cheers
  • #11
  • Jul 18, 2006 10:43am Jul 18, 2006 10:43am
Yes, and I must say I am sorry, I could not resist and I know better. I did understand perfectly what you meant. I will take my beating now please...

haha, Scott


Quoting trucco
Hi smjones,

with big respect for a the much longer experience that you have, I agree with what you say .

Its hard to explain by words what I mean. Is just intuition of speculation that must be developed in our brain to trade well Im sure you know much better then me what Im talking about

Cheers
  • #12
  • Jul 18, 2006 10:50am Jul 18, 2006 10:50am
Quoting pmurfin
well the type of logic you might apply re taking away small traders money' ... i guess looking at obvious stop/pain levels???
also for sure, but not only.
I feel lucky I developed a 'forex instict' based on all what I said up.
I think is like driving the car. The more you drive , the more you do it in a natural way like breathing, and probably you couldn't explain by words how you do to

I know what Im saying is nothing new, but I learned how to drive my 'forex car' and how to avoid as possible the accidents, by knowing the cars which are coming against me...
  • #13
  • Jul 18, 2006 10:53am Jul 18, 2006 10:53am
Quoting smjones
Yes, and I must say I am sorry, I could not resist and I know better. I did understand perfectly what you meant. I will take my beating now please...

haha, Scott
No worries smjones

I think is good we tell to new traders what kind of 'bad machine' can be forex if you think it is a good heart machine
  • #14
  • Jul 18, 2006 10:55am Jul 18, 2006 10:55am
Quoting trucco
also for sure, but not only.
I feel lucky I developed a 'forex instict' based on all what I said up.
I think is like driving the car. The more you drive , the more you do it in a natural way like breathing, and probably you couldn't explain by words how you do to

I know what Im saying is nothing new, but I learned how to drive my 'forex car' and how to avoid as possible the accidents, by knowing the cars which are coming against me...
I think what you are referring to is the ability to access an 'unconscious' level of the brain with which we may be in tune with the universe, of which forex is a part. It may be allowing you to act 'instinctively'. The more contact with forex, the more you are likely to be able to tune into its rhythm.

Since we only use a small fraction of our brains, maybe that is what we are supposed to be doing with the rest. Forex forever.
  • #15
  • Jul 18, 2006 11:13am Jul 18, 2006 11:13am
Quoting moonchild
I think what you are referring to is the ability to access an 'unconscious' level of the brain with which we may be in tune with the universe, of which forex is a part. It may be allowing you to act 'instinctively'. The more contact with forex, the more you are likely to be able to tune into its rhythm.

Since we only use a small fraction of our brains, maybe that is what we are supposed to be doing with the rest. Forex forever.
Maybe.

spirit of surviving in the jungle
  • #16
  • Jul 18, 2006 12:31pm Jul 18, 2006 12:31pm
lol
  • #17
  • Last Post: Jul 18, 2006 1:45pm Jul 18, 2006 1:45pm
Quoting moonchild
I think what you are referring to is the ability to access an 'unconscious' level of the brain with which we may be in tune with the universe, of which forex is a part. It may be allowing you to act 'instinctively'. The more contact with forex, the more you are likely to be able to tune into its rhythm.

Since we only use a small fraction of our brains, maybe that is what we are supposed to be doing with the rest. Forex forever.
Hehe........... oh my that sounds ridiculous to me. Crap, you probably actually profit with that earth muffinish approach. Can I buy some herbs from you?
just kidding. happy trading.
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