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Cable Update (GBPUSD)

  • #397,221
  • Sep 8, 2014 1:51am Sep 8, 2014 1:51am
Quoting albchr
{quote} Good Morning Brother. I'm still trying to determine who his heart won supporters are. But that aside, the whole thing seems rather like a psychological profile test to me.


A little project I have taken on
Come with me if you want to live....
  • #397,222
  • Sep 8, 2014 1:52am Sep 8, 2014 1:52am
Got to go pick up my girl from daycare.
out
Come with me if you want to live....
  • #397,223
  • Sep 8, 2014 1:58am Sep 8, 2014 1:58am
Quoting albchr
{quote} Thank You ZebraSquirl << love the name. I haven't lost it in terms of it having crashed or anything. I'm trying desperately to ready my folks house for sale (long story why) and we have a photo shoot of the interior for the listing. I had my setup on the dinning room table (gorgeous views from the windows there) and I had to take it apart for the pictures. Was supposed to happen Sunday evening but there's more to do than I figured on and it's just crippled old me doing it all. So I had to push it off to either tonight or tomorrow night....
Well, then, even more condolences on cleaning out the folks' home for listing (been there recently with my Mom's house; always way more to do than you originally think).

Market will (in all likelihood) still be here when you're back up and running, and the speculation will (in all likelihood) still be obsessive.
Fireworks are fun ... as long as you don't blow your fingers off.
  • #397,224
  • Sep 8, 2014 1:59am Sep 8, 2014 1:59am
Quoting Ill-b-back
{quote} HDA responded with...silence... just more of the same, quote my plan, quote my plan lol.... Honestly, I am having some fun with it, I am not annoyed at HDA, but I have started thinking he maybe a scammer because he seems to be showing no interest in showing otherwise despite a having a clear opportunity to. win peoples hearts and minds and they will believe what he wants them to believe.
Well I have to admit the whole "it will rise against all logic" thing was rather bold. But perhaps he was looking at what I was? I don't know. I had TA reasons to take the longs I did. (they were all posted so I'll not repeat them) They were incorrect of course and I got out exactly according to my plan for doing so with a small loss.

I'm glad you're not annoyed as I really don't see why anyone would be. But the last thing you said is perhaps that test I spoke of?

But a written part of his plan HAS been missed by many. But I'll leave that to him to explain if he wishes. It was/is clear to me.
Ghost Rider - WWTBMD?
  • #397,225
  • Sep 8, 2014 2:00am Sep 8, 2014 2:00am
Quoting Ill-b-back
{quote} That's my issue with it. I quoted his plan as he keeps asking us to do, I said my interpretation of it was that he saw 1.65 as the bottom since he said buyers will come into the market down to this level. He said Cable will shoot up, defying all fundamental and technical logic (clearly not happening) at prices anywhere near his mentioned levels. he said I will be back in 2 weeks and we can see where we are then. (hmm, are we where he thought we would be?) Then came "where are all the naysayers" when he got some bullish relief the other week...
market exposes the truth in each and every1 of us..u can see already to him being right is impt if this wasnt the case he would be in here
  • #397,226
  • Sep 8, 2014 2:05am Sep 8, 2014 2:05am
Quoting albchr
{quote} Well I have to admit the whole "it will rise against all logic" thing was rather bold. But perhaps he was looking at what I was? I don't know. I had TA reasons to take the longs I did. (they were all posted so I'll not repeat them) They were incorrect of course and I got out exactly according to my plan for doing so with a small loss. I'm glad you're not annoyed as I really don't see why anyone would be. But the last thing you said is perhaps that test I spoke of? But a written part of his plan HAS been missed by many. But I'll...
You really don't see the difference? You took the long, got it wrong, like all of us do at some point and got out. You admit it was a wrong trade. The whole problem is, he never admits he makes a wrong trade...he will rather dissapear for 2 years and then come back when the price is where he wants it to be, just to claim he was right. His ego is bigger than the market itself, thats what bothers most people.
Everyone can see the chart, but only a few can actually read it.
  • #397,227
  • Sep 8, 2014 2:05am Sep 8, 2014 2:05am
Quoting giveachance
{quote} be careful about what you are saying. obsessive speculations. 1.69 is a obsessive speculation here. short traders are right here and only job you do is target them. are you taking out the anger that you bought the longs at wrong price
Good Morning GAC, You missed my point and, I have no anger at all. A well planned and executed trade did not work out in profit. It happens all the time. Has it never happened to you?

I would think it should be common knowledge that if you get angry over a loss, you should probably step back a bit and evaluate both your emotional state and trading plan. Losses are all part of the business. I could be wrong though.
Ghost Rider - WWTBMD?
  • #397,228
  • Sep 8, 2014 2:11am Sep 8, 2014 2:11am
Quoting OnlineAddict
{quote} You really don't see the difference? You took the long, got it wrong, like all of us do at some point and got out. You admit it was a wrong trade. The whole problem is, he never admits he makes a wrong trade...he will rather dissapear for 2 years and then come back when the price is where he wants it to be, just to claim he was right. His ego is bigger than the market itself, thats what bothers most people.

people have given him this ego..he doesnt even post charts..its not his fault..he owes nobody anything..its just he had such a mass following and his trade of his for a swing trader is crazy with such a pivitol point..the line in the sand for uptrend begining..he just chose the wrong way..but if it went right every1 would be kissing his backside right now
  • #397,229
  • Sep 8, 2014 2:11am Sep 8, 2014 2:11am
Quoting ZebraSquirl
{quote} Well, then, even more condolences on cleaning out the folks' home for listing (been there recently with my Mom's house; always way more to do than you originally think). Market will (in all likelihood) still be here when you're back up and running, and the speculation will (in all likelihood) still be obsessive.
For sure. I underestimated just how much needs to be done and how long it would take. The past couple weeks have been spent on the outside. Now it's the inside. It's both a physical and emotional time to be sure. But it's all for the best of my Mom so well worth the efforts and feelings.

lol ... Yes ... I'm sure both the market and the speculation will continue to be most entertaining.
Ghost Rider - WWTBMD?
  • #397,230
  • Sep 8, 2014 2:12am Sep 8, 2014 2:12am
Anybody know if this Scottish Independence is ongoing story, or is there some time/date in the future when it will be final. This seemed to take the markets by surprise/ was not on the radar.

I didn't get stung by the gap, actually have started the week with 2 wins, simply wondering if this situation will be resolved soon or next week/month/year? I am sure once things are final or close to being final, the GU will experience massive volatility.
  • #397,231
  • Sep 8, 2014 2:13am Sep 8, 2014 2:13am
Quoting pipster1
Anybody know if this Scottish Independence is ongoing story, or is there some time/date in the future when it will be final. This seemed to take the markets by surprise/ was not on the radar. I didn't get stung by the gap, actually have started the week with 2 wins, simply wondering if this situation will be resolved soon or next week/month/year? I am sure once things are final or close to being final, the GU will experience massive volatility.
September 18, final vote, I think?
Everyone can see the chart, but only a few can actually read it.
  • #397,232
  • Sep 8, 2014 2:13am Sep 8, 2014 2:13am
Quoting YardiFX
{quote} Ok I'll wait patiently

i have taken a long to close the gap..but im not happy about it
just to make sure there is one right??
  • #397,233
  • Sep 8, 2014 2:14am Sep 8, 2014 2:14am
penny drops a bit chris ? anyway least you were professional enough to close


Quoting albchr
{quote} Well I have to admit the whole "it will rise against all logic" thing was rather bold. But perhaps he was looking at what I was? I don't know. I had TA reasons to take the longs I did. (they were all posted so I'll not repeat them) They were incorrect of course and I got out exactly according to my plan for doing so with a small loss. I'm glad you're not annoyed as I really don't see why anyone would be. But the last thing you said is perhaps that test I spoke of? But a written part of his plan...
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #397,234
  • Sep 8, 2014 2:17am Sep 8, 2014 2:17am
Quoting albchr
{quote} Coffee shop. I hate McDonalds.

i love the filet o fish in there
  • #397,235
  • Sep 8, 2014 2:18am Sep 8, 2014 2:18am
Majority of retail was long and already stretched (near margin call).
The news was a perfect opportunity to wipe out thousands of accounts.
  • #397,236
  • Sep 8, 2014 2:20am Sep 8, 2014 2:20am
Long position closed with some profit

Still very bearish but i have the sentiment that this gap will fullifiled in the next days

Lets see

Venceremos
Attached Image (click to enlarge)
Click to Enlarge Name: SsQqE9Y.png Size: 6 KB
The good thing with the future is that it is progressively approaching...
  • #397,237
  • Sep 8, 2014 2:20am Sep 8, 2014 2:20am
Quoting PoundTrader
{quote}im just trying to help my friend NAVIN, so i had to move the market, sorry about your long once i get navin out his shorts il move the market back up so you can cover your long, just hold tight my friend {image}
  • #397,238
  • Sep 8, 2014 2:22am Sep 8, 2014 2:22am
Careful about the gap...EU's gap is now 300 pips higher...and EU was always great about gap filling...so...rather forget about gaps in these market conditions.
Everyone can see the chart, but only a few can actually read it.
  • #397,239
  • Sep 8, 2014 2:25am Sep 8, 2014 2:25am
Hi all
where's the gap from? I am amazed ;-)
On my way to financial independence - if others can do it - I can do it
  • #397,240
  • Sep 8, 2014 2:26am Sep 8, 2014 2:26am
Quoting OnlineAddict
{quote} You really don't see the difference? You took the long, got it wrong, like all of us do at some point and got out. You admit it was a wrong trade. The whole problem is, he never admits he makes a wrong trade...he will rather dissapear for 2 years and then come back when the price is where he wants it to be, just to claim he was right. His ego is bigger than the market itself, thats what bothers most people.
I understand your point OA and I can see the difference you present. But in truth, None of us "know" what he has or has not done with regards to his plan. That's why I find all the speculation in here so entertaining. Folks keep saying he's wrong, that many took looses and or wiped out accounts by "following him" along with many other speculative charges.

Some have even stated they "have seen many suffer such fates" but when questioned as to who they were, It was met with attacks and insults but no answer.

I have no idea of course but if he's following his written plan, then I 'd have to say he's neither out, nor in loss. (A loss ONLY occurs once a red trade is closed. Like mine) I followed my plan and since none of us can "know", I simply assume he's following his. I stand neither for or against it. I can "understand" it but it's not the way I trade. At least, not at my current level.
Ghost Rider - WWTBMD?
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