#doyourownanalysisordietryin ![](https://resources.faireconomy.media/images/emojis/64/1f643.png?v=15.1)
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Why is GBPUSD called cable? 67 replies
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
cable short for gbpusd? 6 replies
Disliked{quote} Well you know, you start a pro in this place. Take Zebi, we all know he's reincarnated many times, maybe he's HDA and that's why the VERY high probability trade of 3 crows bothers him. Location matters, this one had it all. His wife had die to explain why he was leaving after months of calling long. {image}Ignored
DislikedTo save the barrage, I definitely thought that the next candle would break down when it broke up. {image}Ignored
Disliked{quote} I scalped a few longs and shorts today with profit as usual. Currently, I have 4 EUR/USD short positions in place. TP = Open. Watching to see if we should continue making new lows today or test this week's high first. Current progress so far: 11 Level 1 (demo) accounts are finished at +100% ROI. 4 Level 2 (Live) accounts are finished at +100% ROI. 7 Level 2 (Live) accounts started with $100. 4 Level 3 (Live) accounts started with $400. Current Net Equity results from best to worst: #3 Level 3 = $419.62 (+4.91%) (2 trading days) #1 Level...Ignored
Disliked{quote} Question though: Should we identify and follow the candlestick patterns before or after they form? Since i asked this question myself i won't be blaming you with patronising and stuffIgnored
Disliked{quote} I scalped a few longs and shorts on Thursday and Friday with profit as usual. Currently, I have 1 EUR/USD short position in place. TP = Open. Current progress so far: 11 Level 1 (demo) accounts are finished at +100% ROI. 4 Level 2 (Live) accounts are finished at +100% ROI. 7 Level 2 (Live) accounts started with $100. 4 Level 3 (Live) accounts started with $400. Current Net Equity results from best to worst: #2 Level 3 = $423.10 (+5.78%) (4 trading days) #3 Level 3 = $419.62 (+4.91%) (4 trading days) #1 Level 3 = $416.26 (+4.07%) (9 trading...Ignored
Disliked{quote} Question though: Should we identify and follow the candlestick patterns before or after they form? Since i asked this question myself i won't be blaming you with patronising and stuffIgnored
Disliked{quote} Question though: Should we identify and follow the candlestick patterns before or after they form? Since i asked this question myself i won't be blaming you with patronising and stuffIgnored
Disliked{quote} Now I understand how so many people confuse your cup with your head. {image}Ignored
Disliked{quote} Good question. Cable is being somewhat squeezed from both ends. Always wait for the candlestick (whichever time frame) to complete forming. But your question is about candlestick patterns and that is another kettle of fish. I also have been expecting cable to head south given the collection of wicks and resistance at the 61.8 fib, but there are now also a collection of ma's kicking in both below and above, hence the squeeze. Further compounded by USD weakness, one might conclude that cable weekly chart is currently in a continuation pattern...Ignored
Disliked{quote} If a candlestick pattern has not yet formed, then there is no pattern to follow: The pattern is only a pattern after it is formed.Ignored
Disliked{quote} Thanks a lot! That was very informative on technicals. You seem experienced and knowledgeable. So i wanna ask another question if i may. you mentioned fib retracements and ma's. Which one would be the best fit for putting pending orders? Let's say i want to go long. Should i place my buy limit on ma's or fib retracements? Based on your experience, which one provides the sweet spot between not missing out on the opportunity but also not high risk?Ignored
Disliked{quote}hang on a min, just let me get my crystal ball out...... damn, it says, can't choose, they are both delicious and desirable But crystal ball aside, if I had to pick, I'd go with a pending order above the 61.8 fib, because if cable can clear those 200ema/200sma's on weekly chart, it's gonna fly
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