Cable Update (GBPUSD) | Page 21812 | 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)

  • #436,221
  • Aug 11, 2016 4:15am Aug 11, 2016 4:15am
First the longs were being chased and now the shorts that reversed their longs... Again pretty predictable if you look how inliquid the market still is.

Their ultimate goal is to blow everyone out of their positions before the US data drops.
  • #436,222
  • Aug 11, 2016 4:17am Aug 11, 2016 4:17am
Quoting fxshinobi
i am long too
You and I are the losers, I mean I am, you are good.
trading is simple but is simple is not easy.
  • #436,223
  • Aug 11, 2016 4:21am Aug 11, 2016 4:21am
I am short but on a long term basis, will see it down to TP1 at 1.27 and hopefully TP2 at 1.25. I don't see much in the way and there's a clear path down. Careful everyone about catching the falling knife!
  • #436,224
  • Aug 11, 2016 4:22am Aug 11, 2016 4:22am
Quoting ZenNy
{quote} You and I are the losers, I mean I am, you are good.
i have locked a little profit it could rise a little more before the news come out
  • #436,225
  • Aug 11, 2016 4:25am Aug 11, 2016 4:25am
Quoting fxshinobi
{quote} i have locked a little profit it could rise a little more before the news come out
trading is simple but is simple is not easy.
  • #436,226
  • Aug 11, 2016 4:25am Aug 11, 2016 4:25am
I'm long going for 1.34 and 1.41
  • #436,227
  • Aug 11, 2016 4:29am Aug 11, 2016 4:29am
gu hot martingale bottom!!
Trading Eternal...... Shiny & Chrome!!!!
  • #436,228
  • Aug 11, 2016 4:34am Aug 11, 2016 4:34am
Quoting taciho
First the longs were being chased and now the shorts that reversed their longs... Again pretty predictable if you look how inliquid the market still is. Their ultimate goal is to blow everyone out of their positions before the US data drops.
i am long in GU since few days, harvesting here and there, but still long

i use the ff and my analysis

as follows :

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 8 KB
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #436,229
  • Aug 11, 2016 4:36am Aug 11, 2016 4:36am
Went long at 1.295. It hit my weekly analysis. http://thepipsmaker.blogspot.sg/2016...-2016.html?m=1
  • #436,230
  • Aug 11, 2016 4:42am Aug 11, 2016 4:42am
Quoting Samer1970
{quote} i am long in GU since few days, harvesting here and there, but still long i use the ff and my analysis as follows : {image}
Hi Samer! Do you have a stop loss or are you just letting it roll? There may be a possibility for a 1.28 level this week
  • #436,231
  • Aug 11, 2016 4:46am Aug 11, 2016 4:46am
Quoting Ill-b-back
gu looks under pressure {image} {image}
I maybe wrong, but it looks to me at this stage like continuation south after the retest
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 27 KB
Come with me if you want to live....
  • #436,232
  • Aug 11, 2016 4:50am Aug 11, 2016 4:50am
Quoting ThePipsMkr
{quote} Hi Samer! Do you have a stop loss or are you just letting it roll? There may be a possibility for a 1.28 level this week

hi sweet girl

i do not use ever never any stop loss

i depend on many theories and personal experience with the stoploss

1- stop loss is a good hunt for the brokers and i saw it in my eyes how one broker too my trades with stop loss while the market was not moving at that direction
2-most of the expert advisors using the stop loss will cause a loss at the end of the process, i saw this in many ea's that are losing
3-stop loss will cause you to be lazy in thinking, yea, if the price will go against me, no problem, my stop loss will stop the loss, it is my dear a loss., better to use the compounding system and DE-compounding system and if you master these two ugly solutions, then your trading will be more funny and you will enjoy it

i lost a lot in forex but i gained also alot.

see my four threads

ssi
then developed to ssii at which many traders used my ideas like simple hedging hog without stop loss and only on yesterday in my 4th thread touch-not touch he showed that he is making 20% monthly, also magix is using my theory in his testing ea in the ff and it is pretty good better than all of the other .
my third thread was rsb and it was a failuer .. but also it as good ideas,,,

GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #436,233
  • Aug 11, 2016 4:58am Aug 11, 2016 4:58am
Quoting ZenNy
{quote} You and I are the losers, I mean I am, you are good.
Just luck....nothing more... closed one +22
Attached Image
trading is simple but is simple is not easy.
  • #436,234
  • Aug 11, 2016 4:59am Aug 11, 2016 4:59am
Hi Samer! Thank you for your insight and reply. When I first started out, I often got stopped out at negative. I'm letting most of my trades run without a SL now. But of course this is also bearing in mind at levels which Technically I think it will eventually re visit.

Patience however is not one of my strong virtue and I have often jumped the gun even though technically, i have chartered that it will go lower. Will look through your posts and see if I can pick and learn a new skill or too. Have a nice day 👍.










Quoting Samer1970
{quote} hi sweet girl i do not use ever never any stop loss i depend on many theories and personal experience with the stoploss 1- stop loss is a good hunt for the brokers and i saw it in my eyes how one broker too my trades with stop loss while the market was not moving at that direction 2-most of the expert advisors using the stop loss will cause a loss at the end of the process, i saw this in many ea's that are losing 3-stop loss will cause you to be lazy in thinking, yea, if the price will go against me, no problem, my stop loss will stop the...
  • #436,235
  • Aug 11, 2016 5:05am Aug 11, 2016 5:05am
what point to trun back high 1.25 right? hope i can hold more
  • #436,236
  • Aug 11, 2016 5:06am Aug 11, 2016 5:06am
Quoting Samer1970
{quote}better to use the compounding system and DE-compounding system
can you briefly explain and where do I find more information...Thank you
trading is simple but is simple is not easy.
  • #436,237
  • Aug 11, 2016 5:07am Aug 11, 2016 5:07am
Always use a stop loss, this is why. Remember, you can never predict everything in foreign exchange markets. If you were long the swiss franc when they decided to unpeg from the euro with no stop loss you got F***ed. Many traders with a lot more knowledge than myself blew their accounts in a matter of seconds. There was no time to react. Even if you set a riskier stop loss, just set a stop loss.
Attached Image (click to enlarge)
Click to Enlarge Name: Why a stop loss.PNG Size: 48 KB
  • #436,238
  • Aug 11, 2016 5:20am Aug 11, 2016 5:20am
Quoting andoseg2
{quote} Update: Time to cover our sell to mitigate risk with 100% : {image}

Update :

Profit locked by moving SL @ breakeven

Attached Image (click to enlarge)
Click to Enlarge Name: ge.png Size: 42 KB
Money moves the market, not an indicator.
  • #436,239
  • Aug 11, 2016 5:23am Aug 11, 2016 5:23am
Quoting ThePipsMkr
Hi Samer! Thank you for your insight and reply. When I first started out, I often got stopped out at negative. I'm letting most of my trades run without a SL now. But of course this is also bearing in mind at levels which Technically I think it will eventually re visit. Patience however is not one of my strong virtue and I have often jumped the gun even though technically, i have chartered that it will go lower. Will look through your posts and see if I can pick and learn a new skill or too. Have a nice day 👍. {quote}
you should master the compounding and DE-compounding systems to live more in the market

it is like this

i built 2 eas for the above two processes

i begin trading as per my one indi if i use it or firect entries without any indi and witout any stop loss

once i hit a profit i begin checking my basket of pairs for the highest loser pair

for example

i won 7 pips in eur/usd lets say 3 usd

i check my other pairs and i find that gbp/nzd is floating with outof and but not yet confirmed closed loss of 500 usd

than i begin to trade the gbu/nzd counter trend or as the samer binary signal and i build up complexes in different locations, till the price is moving to my direction

now, in this case i use only the DE-compounding ea to collect as much as i can from this pair

then once the pair is going to my direction , i use the compounding ea

if the distance between my trades and the avg close price is less than 250 points i keep it, other wise i go to decompunding again

i do all of this manually

i had built an ea for such strategy but it failed and blowed up my account, but when i use it manually it is one of the best plus my indi samer binary

i hope this is a good description

i attach here the ea for all traders to use them freely ///// but as i am a math trader i will be very clear : use these two ea's on your own responsibilty, and i will write what my friend mathtrader7 did before few days back.... i will give the ea in (exe) format, this is my policy and i apologize for not sharing the code.

Attached File(s)
File Type: ex4 compunding samer.ex4   15 KB | 469 downloads

Attached File(s)
File Type: ex4 de-compunding samer.ex4   16 KB | 358 downloads
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #436,240
  • Aug 11, 2016 5:23am Aug 11, 2016 5:23am
Quoting ZenNy
{quote} can you briefly explain and where do I find more information...Thank you
see the above post
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
229 traders viewing now, 1 is registered:
Ocecrees