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Cable Update (GBPUSD)

  • #389,941
  • Jul 30, 2014 8:40am Jul 30, 2014 8:40am
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
Those who keeps mentioning you are in the red is because it is 2 different concept. Position traders and intraday traders are 2 different ways of trading in the market. So if intraday traders criticizes position traders, it is because they are only looking at their own merits and some rules they are following. If only they also know how position traders work, then will they not made that kind of comments.
  • #389,942
  • Jul 30, 2014 8:41am Jul 30, 2014 8:41am
Quoting Ill-b-back
Anyway, this working class guy is up in 5 hours, so off to bed. I' stay up another 2hrs but 3hrs sleep just ain't enough for this black Duck Chris
Takes a lifetime of practice my friend. At least that's how it went for me. Get a good night's rest and as always, my very best to you and the family.
Ghost Rider - WWTBMD?
  • #389,943
  • Jul 30, 2014 8:42am Jul 30, 2014 8:42am
Quoting GlobalMacro
{quote} Can you elaborate what this has anything to do with proper risk management ?
you also know with 1 other trader that my mm is crap,,but i hold you to Confidence GM ,respectfully Billy
  • #389,944
  • Jul 30, 2014 8:43am Jul 30, 2014 8:43am
Quoting albchr
{quote} Takes a lifetime of practice my friend. At least that's how it went for me. Get a good night's rest and as always, my very best to you and the family.
You too mate, decided to close out, take my $9.11 and sleep tight

Have a great week
Come with me if you want to live....
  • #389,945
  • Jul 30, 2014 8:45am Jul 30, 2014 8:45am
Quoting Anti_Losses
{quote} Those who keeps mentioning you are in the red is because it is 2 different concept. Position traders and intraday traders are 2 different ways of trading in the market. So if intraday traders criticizes position traders, it is because they are only looking at their own merits and some rules they are following. If only they also know how position traders work, then will they not made that kind of comments.

Position traders?? intra? lol...............just stupid made up words and phrases in the forex world to have like names for things and be 'technical'..........sound 'important'........'have things to discuss'...(why not? other fields to do the same, dont want traders to feel left out do we?)...."Ooo are you a postion trader, nice......im intra"....lol........oooo wow.....'technical words'.........blah lol
  • #389,946
  • Jul 30, 2014 8:45am Jul 30, 2014 8:45am
Quoting Ill-b-back
{quote} You too mate, decided to close out, take my $9.11 and sleep tight Have a great week
Not a bad plan buddy. Even with the WHOPPER news, 6900 is holding "as of now". Always another right around corner.
Ghost Rider - WWTBMD?
  • #389,947
  • Jul 30, 2014 8:46am Jul 30, 2014 8:46am
Quoting elbert3
why is it that in life when your a winner people hate you but when your the underdog people love you?? HDA and i would say this of any trader that constantly posted 1690 target when he was sitting at 1.71910 GM PROUD OF YOU GENTLEMAN IN A LOSS,,well done sir i know you have plenty of my money in the past,, if you know what i mean..gl
That's why I have no friends! yes. yes, that's the reason....

I am trying to catch an EU knife (all fingers accounted for so far) but GU has a daily break. Looking at EG 4hr H&S for confirmation.
As the lights go by so too do the shadows move
  • #389,948
  • Jul 30, 2014 8:48am Jul 30, 2014 8:48am
Quoting cspip
{quote} Position traders?? intra? lol...............just stupid made up words and phrases in the forex world to have like names for things and be 'technical'..........sound 'important'........'have things to discuss'...(why not? other fields to do the same, dont want traders to feel left out do we?)...."Ooo are you a postion trader, nice......im intra"....lol........oooo wow.....'technical words'.........blah lol
LOL... I've come to the conclusion you just like to argue for no reason.....
Ghost Rider - WWTBMD?
  • #389,949
  • Jul 30, 2014 8:49am Jul 30, 2014 8:49am
Quoting Ill-b-back
{quote} You too mate, decided to close out, take my $9.11 and sleep tight Have a great week
  • #389,950
  • Jul 30, 2014 8:50am Jul 30, 2014 8:50am
Quoting Matts Micro
{quote} That's why I have no friends! yes. yes, that's the reason.... I am trying to catch an EU knife (all fingers accounted for so far) but GU has a daily break. Looking at EG 4hr H&S for confirmation.
Lol so your a winner ,,well i say good luck to all, i have been both so i know ,high and low,, we are all equal ,,Regards E
  • #389,951
  • Jul 30, 2014 8:50am Jul 30, 2014 8:50am
Quoting Greener
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.
it appears that previous data has been revised to -2.1 from -2.9%...so the devil was in details. major game changer...we are possibly going south in my view but I will wait for confirmation...as some slippage must be always taken into account. I am out from 16920.
  • #389,952
  • Jul 30, 2014 8:53am Jul 30, 2014 8:53am
Quoting cspip
{quote} Position traders?? intra? lol...............just stupid made up words and phrases in the forex world to have like names for things and be 'technical'..........sound 'important'........'have things to discuss'...(why not? other fields to do the same, dont want traders to feel left out do we?)...."Ooo are you a postion trader, nice......im intra"....lol........oooo wow.....'technical words'.........blah lol
Cspip please, it's better to be quiet and seem stupid than to open your mouth and prove it.
  • #389,953
  • Jul 30, 2014 8:54am Jul 30, 2014 8:54am
Quoting cspip
{quote} Position traders?? intra? lol...............just stupid made up words and phrases in the forex world to have like names for things and be 'technical'..........sound 'important'........'have things to discuss'...(why not? other fields to do the same, dont want traders to feel left out do we?)...."Ooo are you a postion trader, nice......im intra"....lol........oooo wow.....'technical words'.........blah lol
That was actually quiet funny.....
Peace & Pips
  • #389,954
  • Jul 30, 2014 8:54am Jul 30, 2014 8:54am
Quoting Ill-b-back
{quote} You too mate, decided to close out, take my $9.11 and sleep tight Have a great week
$9.11 is still more than you had at the start of the day. Besides, like I always say, better than being in the red. Congrats!
  • #389,955
  • Jul 30, 2014 8:54am Jul 30, 2014 8:54am
Quoting frietzak
{quote} Cspip please, it's better to be quiet and seem stupid than to open your mouth and prove it.
  • #389,956
  • Jul 30, 2014 8:54am Jul 30, 2014 8:54am
http://www.dailyfx.com/forex/educati...n_Trading.html position traders education
  • #389,957
  • Jul 30, 2014 8:55am Jul 30, 2014 8:55am
Quoting Anti_Losses
{quote} Those who keeps mentioning you are in the red is because it is 2 different concept. Position traders and intraday traders are 2 different ways of trading in the market. So if intraday traders criticizes position traders, it is because they are only looking at their own merits and some rules they are following. If only they also know how position traders work, then will they not made that kind of comments.
yes true.. diff methods, but what about some of us that are both intraday and swing?
Good day everyone, best trading.
  • #389,958
  • Jul 30, 2014 8:56am Jul 30, 2014 8:56am
Quoting frietzak
{quote}it's better to be quiet and seem stupid than to open your mouth and prove it.
That one just got added to my favorite quotes book! Hope you don't mind.
Ghost Rider - WWTBMD?
  • #389,959
  • Jul 30, 2014 8:56am Jul 30, 2014 8:56am
Quoting Nate04
{quote} $9.11 is still more than you had at the start of the day. Besides, like I always say, better than being in the red. Congrats!
when u have a new born child thats quite a lot
my friend from the outbacks did well
  • #389,960
  • Jul 30, 2014 8:57am Jul 30, 2014 8:57am
Closed all gbp/cad longs. Switching to shorts
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