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Cable Update (GBPUSD)

  • #388,661
  • Jul 24, 2014 8:26am Jul 24, 2014 8:26am
Quoting cspip
{quote} {quote} You forgot to mention the 145 pips in red you had before when it was at 1.7190.......
@cspip:

Please see previous post dated, Wednesday, July 23, 2014 at 7:54am
http://www.forexfactory.com/showthre...88#post7625388

Here is part of the post:

Where are the traders that were mocking my trading plan when I was in the red holding? Where are they, now that I am 160pips in the GREEN - Where are they?

HDA OUT
  • #388,662
  • Jul 24, 2014 8:27am Jul 24, 2014 8:27am
Quoting cspip
{quote} {quote} You forgot to mention the 145 pips in red you had before when it was at 1.7190.......
It depends on the system and rules that you as trader run. I personally always see red before green. And it has served me well for the last 3 years.

Anyway it doesn't mean seeing green will always remain green if one does not know when to get out and it becomes red instead. The most important thing I believe is when to get out when it is green. HDA have some set of rules that he follows so very likely he get out in green (deep green). It is the end results that is more important.
  • #388,663
  • Jul 24, 2014 8:29am Jul 24, 2014 8:29am
Quoting cspip
{quote} {quote} You forgot to mention the 145 pips in red you had before when it was at 1.7190.......
Wow, you're really just not seeing the BIG picture here are you. Why do you persist in attacking that which you do not understand??

An open mind is the ONLY mind that grows. A closed mind is the ONLY mind that attacks.
Ghost Rider - WWTBMD?
  • #388,664
  • Jul 24, 2014 8:29am Jul 24, 2014 8:29am
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  • #388,665
  • Jul 24, 2014 8:31am Jul 24, 2014 8:31am
Quoting Anti_Losses
{quote} It depends on the system and rules that you as trader run. I personally always see red before green. And it has served me well for the last 3 years.
<<< Respect
Ghost Rider - WWTBMD?
  • #388,666
  • Jul 24, 2014 8:31am Jul 24, 2014 8:31am
Quoting HDA
{quote} @cspip: Please see previous post dated, Wednesday, July 23, 2014 at 7:54am http://www.forexfactory.com/showthre...88#post7625388 Here is part of the post: Where are the traders that were mocking my trading plan when I was in the red holding? Where are they, now that I am 160pips in the GREEN - Where are they? HDA OUT
cool.........so it basically like intra-day trading.....same amount of opportunities relatively, same amount of draw down relatively........
  • #388,667
  • Jul 24, 2014 8:31am Jul 24, 2014 8:31am
Quoting Anti_Losses
{quote} At least if he does, he have the ability to do so. Anyway, for those who had read HDA posting long time ago knows the answer. But usually whoever think badly (in this case "show off") of another person are really the one who have the "sincerity" to show off. But too bad today is not that person day. This sentences below looks more like "show off" and worse it is not even his idea " Quoting giveachance credit suisse are mentioning abt 7059 levels on gbp/usd....
I haven't seen a fool like you for a long time on this thread. what show off did I do. I have been posting levels even when it was up and even when it was down. I mentioned abt 7008 and I did mention abt 6952. Its from another source thats ok but I got it from a reliable source.
  • #388,668
  • Jul 24, 2014 8:32am Jul 24, 2014 8:32am
Quoting albchr
{quote} <<< Respect
what respectful has he said. I can keep a position open for 100 days and then it finally comes 70 pips below my price because I am a position trader. lol.
  • #388,669
  • Jul 24, 2014 8:33am Jul 24, 2014 8:33am
Quoting albchr
{quote} Wow, you're really just not seeing the BIG picture here are you. Why do you persist in attacking that which you do not understand?? An open mind is the ONLY mind that grows. A closed mind is the ONLY mind that attacks.
I'm not attacking...........just pointing out, when HDA keeps coming out saying its 'that easy'..........that he will see draw down also..........a daily chart is no more special than 1min chart...........same up and down relatively..........

So the bottom line is that its no different / special to 1min trading...........get down 14 pips to get 40 pips ? ok
  • #388,670
  • Jul 24, 2014 8:33am Jul 24, 2014 8:33am
Good morning everyone. Nice move down this morning... The only bad thing is, without a decent retrace last night, i never found an entry point. So... Basically, I'm in watch mode again. bummer. Hope you guys are making good pips though.
  • #388,671
  • Jul 24, 2014 8:34am Jul 24, 2014 8:34am
Quoting HDA
{quote} @cspip: Please see previous post dated, Wednesday, July 23, 2014 at 7:54am http://www.forexfactory.com/showthre...88#post7625388 Here is part of the post: Where are the traders that were mocking my trading plan when I was in the red holding? Where are they, now that I am 160pips in the GREEN - Where are they? HDA OUT
cool.........so it basically like intra-day trading.....same amount of opportunities relatively, same amount of draw down relatively........
since we're counting pips...........I got 500 pips in two weeks, .....thats single up down trades, not adding to winners by opening more positions......
  • #388,672
  • Jul 24, 2014 8:35am Jul 24, 2014 8:35am
... Because I'm.....

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Ghost Rider - WWTBMD?
  • #388,673
  • Jul 24, 2014 8:35am Jul 24, 2014 8:35am
Quoting cspip
{quote} I'm not attacking...........just pointing out, when HDA keeps coming out saying its 'that easy'..........that he will see draw down also..........a daily chart is no more special than 1min chart...........same up and down relatively..........
my friend you forgot he is a position trader and we are day traders. our views may not be appreciated here. besides there are many here who have got decorations against their name. so no point in stretching this discussion.

missing you elbert
  • #388,674
  • Jul 24, 2014 8:36am Jul 24, 2014 8:36am
Quoting Nate04
Good morning everyone. Nice move down this morning... The only bad thing is, without a decent retrace last night, i never found an entry point. So... Basically, I'm in watch mode again. bummer. Hope you guys are making good pips though.
hopefully we're gonna see 7050 again! lol
  • #388,675
  • Jul 24, 2014 8:36am Jul 24, 2014 8:36am
Quoting cspip
{quote} cool.........so it basically like intra-day trading.....same amount of opportunities relatively, same amount of draw down relatively........ since we're counting pips...........I got 500 pips in two weeks, .....thats single up down trades, not adding to winners by opening more positions......
@cspip:

Congratulations Sir and many more GREEN pips to you

We are both making money with two different trading styles.

Don't forget your losses too, we all make losses

It was nice of you to share your profits with us.

HDA OUT
  • #388,676
  • Jul 24, 2014 8:36am Jul 24, 2014 8:36am
Quoting HDA
{quote} HDA OUT
HDA good afternoon it looks like your time is near could even be today ,
Attached Image (click to enlarge)
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as posted price has hit the 10 ema on the weekly and looks strong enough to take it all the way to the 20 ema ,, even past the 61%
Attached Image (click to enlarge)
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regards E
  • #388,677
  • Jul 24, 2014 8:38am Jul 24, 2014 8:38am
Question... What do the amount of pips your scoring matter? 500 pips is great... Unless your making a cent a pip... Congrats, you made $5 bucks. Go buy yourself a burger. I think a better way of judging performance is by % of your balance. Just my thinking anyways.
  • #388,678
  • Jul 24, 2014 8:38am Jul 24, 2014 8:38am
Quoting giveachance
{quote} my friend you forgot he is a position trader and we are day traders. our views may not be appreciated here. besides there are many here who have got decorations against their name. so no point in stretching this discussion. missing you elbert
You're right.............

So the bottom line is that its no different / special to 1min trading...........get down 14 pips to get 40 pips....or on daily go down 145 to get 400
  • #388,679
  • Jul 24, 2014 8:40am Jul 24, 2014 8:40am
Quoting Nate04
Question... What do the amount of pips your scoring matter? 500 pips is great... Unless your making a cent a pip... Congrats, you made $5 bucks. Go buy yourself a burger. I think a better way of judging performance is by % of your balance. Just my thinking anyways.
Yes, thats what im getting at...........same as HDAs amount of pips, its all relatively to the timeframe..........and the lot size.......
  • #388,680
  • Jul 24, 2014 8:40am Jul 24, 2014 8:40am
Quoting giveachance
{quote} my friend you forgot he is a position trader and we are day traders. our views may not be appreciated here. besides there are many here who have got decorations against their name. so no point in stretching this discussion. missing you elbert
GC thank you i have had a bit of a busy time over the last week, did not add any trades took 5 off before as it hit the 10 on the weekly posted above,it was rather strange not scalping up and down, but it was to my benifit in the long run ,hope you have been making a packet ,,regards E
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