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Cable Update (GBPUSD)

  • #400,421
  • Sep 26, 2014 6:32am Sep 26, 2014 6:32am
Quoting Kajos2250
{quote} thx, you too! You were used to trade gold too, do you have any view on it?
No i stopped trading it, i wont look now ,,it is to up and down win lose was about 50/50 ,but when it goes it goes,,gl E
  • #400,422
  • Sep 26, 2014 6:33am Sep 26, 2014 6:33am
Quoting GlobalMacro
{quote} thats right ... just like putting on mega weights and doing rapid reps , to pump it up. now lezz get some shakes tho and do couple of round-the-blocks... T.G.I.F.... just for you partner... {image}
lol well done have a good weekend ..B
  • #400,423
  • Sep 26, 2014 6:35am Sep 26, 2014 6:35am
Quoting elbert3
{quote} i have changed my post can you change yours ,,lol please no more quoting that post ,lol
Done - but not sure why
  • #400,424
  • Sep 26, 2014 6:36am Sep 26, 2014 6:36am
please keep us updated


Quoting HDA
{quote} @THE KING OF COMEDY: Good morning There you go - We have an Engulfing Bullish Candle, Tweezer Bottoms, Morning Star, your RSI on the 30M and 1H above 50 and on the 4H approaching 50 - these are the early warning signs that we are going up. What you will finding happen in most cases is that candlestick formations will also be tested and so far, your WHITE 12 noon engulfing bullish candle on the 1H has been tested twice. Tweezer Bottoms and a Morning Star followed suit. All I've presented here is just the theory of Japanese Candle Sticks...
Attached Image (click to enlarge)
Click to Enlarge Name: gbp USD h1 (DFB).png Size: 27 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #400,425
  • Sep 26, 2014 6:37am Sep 26, 2014 6:37am
6261. Surprise? No. Somebody forgot to inform the HEAVY buyers to actually start buying.
Everyone can see the chart, but only a few can actually read it.
  • #400,426
  • Sep 26, 2014 6:38am Sep 26, 2014 6:38am
Quoting ill_be_back
{quote} Looks like Battle between Buddies
Did you take the trade ? How it is going for you ?

I think my entry was perfect one.
Intraday only.
  • #400,427
  • Sep 26, 2014 6:41am Sep 26, 2014 6:41am
1.6246 here we come. Deep-sea dive.
Hear the music before the song is over ...
  • #400,428
  • Sep 26, 2014 6:43am Sep 26, 2014 6:43am
Attached Image (click to enlarge)
Click to Enlarge Name: day.png Size: 58 KB
sorry wrong numbers
  • #400,429
  • Sep 26, 2014 6:46am Sep 26, 2014 6:46am
Quoting maximinus
{quote} Nothing personal against you. But if you want to know what I think about your posts here it is : It would be better and will help to calm the controversies if you give SL at least indicative even if you don't put hard SL for your trades. Every one is responsible when he/she push the buy/sell button. But we are also responsible of the impact of our posts in public forum, so SLs are a must IMO. GL
Hi Maximinus

HDA did mentioned he will not do so, so that others should not blindly follow him. And time and time again he mentioned it is his plan and he trade according to it. If you happen to be on the same path and his numbers happened to be better, you might re-think why it was so. If you can figure out, you will change to that number but if you can't convince yourself, stick to your own plan!
  • #400,430
  • Sep 26, 2014 6:47am Sep 26, 2014 6:47am
Quoting Bones
hey hda even if this happens its too late to say I told you so , you can not say up up and away then 1100 pip fall ,a complete open end to your plan leaves no plan at all , just that it will go to target , with all due respect what you describe maybe a bank could sit and wait ,someone trying to make a living , even position trader ,would not ,why lock cash up in negative swap for 7 months position trader dosent mean enter willy nilly ,let market run 1000 + pips against you for 300 , I say this in the kindest way possible {quote}

I said the same thing bones in the morning. it is diffcult to follow his calls since traders over here cannot afford his strategy. you talk abt swaps HDA how much money have you earned in swaps on your GBP/CAD position. had you been trading 200 lots then its a diff issue
  • #400,431
  • Sep 26, 2014 6:47am Sep 26, 2014 6:47am
Quoting elbert3
{image} sorry wrong numbers
what kind of an indi is that. it tells you don't take profits. lol
  • #400,432
  • Sep 26, 2014 6:48am Sep 26, 2014 6:48am
Quoting maximinus
{quote} Nothing personal against you. But if you want to know what I think about your posts here it is : It would be better and will help to calm the controversies if you give SL at least indicative even if you don't put hard SL for your trades. Every one is responsible when he/she push the buy/sell button. But we are also responsible of the impact of our posts in public forum, so SLs are a must IMO. GL
last time he had an argument with me as well. ff have provided one ignore button at the top. press it.
  • #400,433
  • Sep 26, 2014 6:51am Sep 26, 2014 6:51am
some traders here . still accumulating longs since 1.66 and getting butchered. I even saw someone calling 1.62 as bottom. if this is a classic C wave then we should get min 1.56
  • #400,434
  • Sep 26, 2014 6:54am Sep 26, 2014 6:54am
are you seriously saying he can't give that detail ,when the moment it looks bullish we get hourly updated ,even candles today !!
when it was really bearish he was gone ,probably sitting on the beach ,



Quoting Anti_Losses
{quote} Hi Maximinus HDA did mentioned he will not do so, so that others should not blindly follow him. And time and time again he mentioned it is his plan and he trade according to it. If you happen to be on the same path and his numbers happened to be better, you might re-think why it was so. If you can figure out, you will change to that number but if you can't convince yourself, stick to your own plan!
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #400,435
  • Sep 26, 2014 6:55am Sep 26, 2014 6:55am
Quoting HDA
{quote} @maximinus: If we are all trading our own plan, we don't need to know another persons stop loss. We only need to know what is our plan and trade our it. When you share your stop loss that's when people begin to follow you more. When they don't know your stop loss and they follow you and then see how deep your pockets are, they then learn - YIKES - I'm never doing that again - because I don't know where he's getting out. I better start focusing on my trading plan and what I can do. HDA OUT
I'm talking about collective responsibility not success/failure of each members here.
Don't be smart. Be rich.
  • #400,436
  • Sep 26, 2014 6:56am Sep 26, 2014 6:56am
watching udscad to see if it stalls again, could be a good quick short in gbpcad
  • #400,437
  • Sep 26, 2014 6:56am Sep 26, 2014 6:56am
Quoting OnlineAddict
6261. Surprise? No. Somebody forgot to inform the HEAVY buyers to actually start buying.
Well all I can see is only heavy seller wanting to rip apart any and all buyers standing in the way at this point. 1.6246 at a minimum for me.
Hear the music before the song is over ...
  • #400,438
  • Sep 26, 2014 6:57am Sep 26, 2014 6:57am
Easing back into things after being on vacation for a while. Missed that last breakout short on the GU. actually didn't like trading into the area of support, but loved the daily candles. Plus Friday it is so stayed conservative.

But did manage +40 by shorting the GU earlier. All stars were aligned, for this trade.

Attached Image (click to enlarge)
Click to Enlarge Name: 2014-09-26_GU.png Size: 101 KB

Going with the trend and: 1) Daily candles supported short, 2) double top on the mid range chart at a solid area of resistance, 3) LL preceded he trade, 4) entry triggers on the entry chart were excellent.

Also went Breakeven on an AU short

Cheers!
  • #400,439
  • Sep 26, 2014 7:00am Sep 26, 2014 7:00am
Quoting giveachance
{quote} what kind of an indi is that. it tells you don't take profits. lol
Iknow GC i should take it off it changes like the wind,and i get loads of Indonesian traders who think that i am Indonesian ,lol
  • #400,440
  • Sep 26, 2014 7:01am Sep 26, 2014 7:01am
Quoting Anti_Losses
{quote} Hi Maximinus HDA did mentioned he will not do so, so that others should not blindly follow him. And time and time again he mentioned it is his plan and he trade according to it. If you happen to be on the same path and his numbers happened to be better, you might re-think why it was so. If you can figure out, you will change to that number but if you can't convince yourself, stick to your own plan!
Thanks Anti Losses,
My post was not about following blindly HDA or anyone else. It's about the credibility of a trade near to 6 yards and several hundred pips drawdown : it only gives bad habits to the beginners.
I learned to take my losses like a boss (credit to Poundtrader or GlobalMacro for the citation?)
Don't be smart. Be rich.
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