Cable Update (GBPUSD) | Page 19496 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #389,901
  • Jul 30, 2014 8:04am Jul 30, 2014 8:04am
Quoting 2012mysterio
{quote} Yes, things can sure feel different and alot more comfortable, and also profitable when one can see this.. different for everyone i guess..
Glad you agree...I do get the feeling that people are obsessed with drawing lines on a chart every minute of day just give them self the instant gratification that they are right....I have been there, done that.... won't go back.
Peace & Pips
  • #389,902
  • Jul 30, 2014 8:05am Jul 30, 2014 8:05am
Quoting Raider
{quote} You are not a Winner unless you know how to loose.... which inFACT is a FACT.... The FACT is 1.6910 was a SL for someone, which was inFACT got hit...... So on the basis of so called FACTS. HDA (Mr. Fact's) wins this case.....
No, again missing the point........he said hes trading facts, being 145 pips in the red with 'facts' ?

He can pull the wool over you and some others but certainly not me
  • #389,903
  • Jul 30, 2014 8:05am Jul 30, 2014 8:05am
Quoting albchr
{quote} Ummm...no. I really can't understand that at all. I hope I never can. As long as it's measured and managed, DD means NOTHING if you come out ahead in the end.
Yes, exactly, and if it takes too long or gets too far away for your comfort, just cut positions if req'd with your trade MM
  • #389,904
  • Jul 30, 2014 8:05am Jul 30, 2014 8:05am
Quoting albchr
{quote} Ummm...no. I really can't understand that at all. I hope I never can. As long as it's measured and managed, DD means NOTHING if you come out ahead in the end.
All csip is trying to say is that risking 150 pips to make 160 is the same as risking 15 to make 16. It's all relative to the time frame your trading whether your a position or day trader which is true...No one way is better than the other. If you like holding longer trades and can afford the possible draw down on your account go for it. If you like taking more quicker traders on smaller time frames with less money at risk go for it. As long as your making pips it doesn't matter and everyone should come out ahead in the end if they're making the right decisions. The longer term trader will have profits from slow gradual trend while the shorter term trader will have several smaller trades on all the pullbacks etc. Idk why everyones bashing each other just trade
  • #389,905
  • Jul 30, 2014 8:06am Jul 30, 2014 8:06am
Quoting HDA
{quote} @cspip: I am currently up 415 pips in the green I will carry on sir. Have a lovely day HDA OUT
After being in the red by 145 pips..............
  • #389,906
  • Jul 30, 2014 8:06am Jul 30, 2014 8:06am
ok data was uber bullish....4-2.9=1.1% growth in the first 6 months....for an average of 0.55% per quarter and a projected annual rate of 2.2%. is it good or bad?...considering that tapering is ending in October most likely, I would say it is ok if we end with a 1.9-2% which is in line with the latest revised (downward) IMF projections. UK gdp projections are for a 3.2% growth this year. Don't think that selling gbp against USD would be very wise in the LT.
  • #389,907
  • Jul 30, 2014 8:07am Jul 30, 2014 8:07am
Quoting nAVIN2007
{quote} chris i have been in this trade for a while..i dont know how long..and i really dont want to either..but i believe it was around the time my mother had an operation..i have the ability to set a trade and leave it and it has no bearing on my life i feel the same as if i wasnt in the trade..the main thing is it goes south..thats all i need it to do.. its all early days for me..i have another 12 months in this at least am i sorry ..not exactly
... I know I'm most certainly wrong here Nav. I don't have the years of vast experience like everyone else here does.

If this does end up winning for you, it's just my humble opinion that it would reinforce a bad thought process. But again, I know nothing and only trying to help somebody I've considered a friend for a long time now. My humble apologies buddy. I will ....Butt out ... from here on.
Ghost Rider - WWTBMD?
  • #389,908
  • Jul 30, 2014 8:07am Jul 30, 2014 8:07am
Quoting thegmann
{quote} All csip is trying to say is that risking 150 pips to make 160 is the same as risking 15 to make 16. It's all relative to the time frame your trading whether your a position or day trader which is true...No one way is better than the other. If you like holding longer trades and can afford the possible draw down on your account go for it. If you like taking more quicker traders on smaller time frames with less money at risk go for it. As long as your making pips it doesn't matter and everyone should come out ahead in the end if they're making...
finally someone who gets it...........

thousands of traders get 14pips in the red to get 15/16 pips every day.................

just no one like HDA comes on every two days to say patience.............pffff
  • #389,909
  • Jul 30, 2014 8:09am Jul 30, 2014 8:09am
seems to me that was a risky stop anyway ,when it could be tucked under rn

Quoting Raider
{quote} You are not a Winner unless you know how to loose.... which inFACT is a FACT.... The FACT is 1.6910 was a SL for someone, which was inFACT got hit...... So on the basis of so called FACTS. HDA (Mr. Fact's) wins this case.....
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #389,910
  • Jul 30, 2014 8:09am Jul 30, 2014 8:09am
Quoting HDA
{quote} @albchr: @elbert3: @JimmyC: @Bones: Somebody anybody, please answer that question for me? Thank you in advance I just want to see if everyone gives you the same response so I don't have to repeat it. HDA OUT
Well done HDA, i have been out all morning i see you have all been busy on trade, today taken out of scalp, but my historic shorts are looking good now acc is now rosie, if need be known some other traders can confirm i held shorts well over 145 pips down and i could of handled more , i class them as stock, even thou i was scalping up and down the acc was being added to , this week yesterdays total 83 less 20 pips x 10 lots £,,,,per pip should of stayed in short but was looking for a higher position as the trend was not confirmed ,,but still in the win seat, we now have you cross at where i said but we sit at the 100 and only pips away from the 61%so we could bounce back to the 10 ema on the day i have a buy order 16886 if,,if it hits 1696 would be a target to short ,but it could all change
Attached Image (click to enlarge)
Click to Enlarge Name: day.png Size: 116 KB
  • #389,911
  • Jul 30, 2014 8:09am Jul 30, 2014 8:09am
Quoting YardiFX
{quote} Glad you agree...I do get the feeling that people are obsessed with drawing lines on a chart every minute of day just give them self the instant gratification that they are right....I have been there, done that.... won't go back.
Yes agree, me too.. went crazy for awhile trying to be 'right' on trades with 15 pip SL's.. but to each his own..
  • #389,912
  • Jul 30, 2014 8:10am Jul 30, 2014 8:10am
Quoting 2012mysterio
{quote} Yes, exactly, and if it takes too long or gets too far away for your comfort, just cut positions if req'd with your trade MM
... Something DAY traders do everyday but can't seem to see the same logic in a position trader's "wider view". Odd....no? lol
Ghost Rider - WWTBMD?
  • #389,913
  • Jul 30, 2014 8:10am Jul 30, 2014 8:10am
Quoting cspip
{quote} After being in the red by 145 pips..............
Man, I would gladly go in the hole 145 pips EVERY SINGLE TIME if I knew the reward was being 400+ pips in the green. I mean, you do realize what you are saying is its a bad trade if he goes into the red on any trade, right? You can't really assume HDA will never be in the red, right??? You're dislike of him I believe is blinding you from reality. EVERYONE goes into drawdown. Some stay there... Others... Well, 400+ in green.
  • #389,914
  • Jul 30, 2014 8:11am Jul 30, 2014 8:11am
HDA is a position trader he most likely risked 200pips on the start of his position. (or whatever im just using this as an example). He then wagered based on whatever logic he uses a desired take profit point. 1:2 1:3 w/e risk/reward scenario and traded it. Him being down 145 pips is nothing more than if I placed a trade on the 1hr with my mini account and risked 2% with a 20pip ($20) S/L and was down about $14.50. It's all relative.
  • #389,915
  • Jul 30, 2014 8:13am Jul 30, 2014 8:13am
Quoting cspip
{quote} No, again missing the point........he said hes trading facts, being 145 pips in the red with 'facts' ? He can pull the wool over you and some others but certainly not me
have you not thought that he has far more money than you,,respectfully put,,Regards E
  • #389,916
  • Jul 30, 2014 8:13am Jul 30, 2014 8:13am
no need to panic on gbp/cad longs. best trade to have before fomc
  • #389,917
  • Jul 30, 2014 8:14am Jul 30, 2014 8:14am
Quoting cspip
{quote} No, again missing the point........he said hes trading facts, being 145 pips in the red with 'facts' ? He can pull the wool over you and some others but certainly not me
what matters in the end is profit.
  • #389,918
  • Jul 30, 2014 8:18am Jul 30, 2014 8:18am
Quoting albchr
{quote} ... I know I'm most certainly wrong here Nav. I don't have the years of vast experience like everyone else here does. If this does end up winning for you, it's just my humble opinion that it would reinforce a bad thought process. But again, I know nothing and only trying to help somebody I've considered a friend for a long time now. My humble apologies buddy. I will ....Butt out ... from here on.
chris there always sacarism from u
trading is about making money bottom line..i am not able to trade short positions..if i did believe me id have lost probably the same amount im in dd right now..
its not about experience or anything it is about what i have done..and nothing will change that

if i get out..i will work less and monitor me trades with a descent stop!
its not about being right or wrong ..it is about surviving...nothing i have said is personal to any1

what u think about my trade is up to u..it does not change anything from my end..Im in it now and that is that!!
i wish u good fortune buddy
  • #389,919
  • Jul 30, 2014 8:19am Jul 30, 2014 8:19am
Quoting giveachance
{quote} what matters in the end is profit.
Forex Factory Members

Thank you for clearing that up for me

HDA OUT
  • #389,920
  • Jul 30, 2014 8:20am Jul 30, 2014 8:20am
Quoting thegmann
{quote} All csip is trying to say is that risking 150 pips to make 160 is the same as risking 15 to make 16.
Oh I know exactly what he's "trying" to say. The only thing is, his numbers do not fit the scenario he's trying make a case for. HDA is up FAR more than a "relational" ONE pip... LOL

Why does this seem to slip past everyone?? But whatever. Nobody will EVER see what they cannot see until they are ready to see it. Case closed.
Ghost Rider - WWTBMD?
273 traders viewing now