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Cable Update (GBPUSD)

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  • Post #566,401
  • Quote
  • Dec 17, 2020 8:53am Dec 17, 2020 8:53am
  •  Hunterrus84
  • Joined Jul 2019 | Status: The WORLD likes patience | 268 Posts
Time to have some rest...before tomorrow moves
Always Defend your investment 1775
 
1
  • Post #566,402
  • Quote
  • Dec 17, 2020 8:54am Dec 17, 2020 8:54am
  •  Sang.Real
  • | Additional Username | Joined Mar 2020 | 1,607 Posts
Quoting pipfarm
Disliked
{quote} Apologies , i was not referring to you believing that, it was more for the newbies amongst us that this type of character tries to take advantage of.
Ignored
Thanks PipFarm.

for informing me earlier, as i'm toally newbie, only less than a year into live trade.

Blessed you and green pips to you

 
1
  • Post #566,403
  • Quote
  • Dec 17, 2020 8:54am Dec 17, 2020 8:54am
  •  msniper
  • Joined Oct 2007 | Status: Saudi Arabia/Dubai | 3,583 Posts
based on Elliott waves i see 5 waves down from the top

so it could be worth it to look for a sell against SL the top of today at 1.3623
Attached Image (click to enlarge)
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Size: 92 KB
 
 
  • Post #566,404
  • Quote
  • Dec 17, 2020 8:56am Dec 17, 2020 8:56am
  •  pipfarm
  • Joined Oct 2010 | Status: Member | 3,124 Posts
Quoting JayBag
Disliked
{quote} It's all good bud, No need to apologies at all.. I always appear a bit harsh whenever I say newbies should start at babypips or similar.. But this is the best place to be as a newbee and not in public forums. So if they fall for such, we can't blame ourselves. Stay Well
Ignored

Yep we can only warn them,

so this character Hunterrus84 has a pattern of doing this kind of thing on another forum, proclaiming to have secret sm money levels, 100% gold trading system, email me etc for the details, its defo the same guy as he uses the same profile photo and name.

For the newbies, think 100% gold system ?, secret sm levels?, ok why not just become a trillionaire and own the world.
Follow The Markets Structure - Patience and Discipline
 
3
  • Post #566,405
  • Quote
  • Edited Dec 18, 2020 2:24am Dec 17, 2020 8:58am | Edited Dec 18, 2020 2:24am
  •  fxmasterdxb
  • Joined May 2012 | Status: Senior Member | 2,503 Posts
Quoting Ehsank78
Disliked
gold is pumping. 1887. scared to short
Ignored
I shorted 1889, it could go all the way 1902 and im fine with it, expecting for a dump sub 1750 level
 
 
  • Post #566,406
  • Quote
  • Dec 17, 2020 9:00am Dec 17, 2020 9:00am
  •  Sang.Real
  • | Additional Username | Joined Mar 2020 | 1,607 Posts
Quoting JayBag
Disliked
{quote} It's all good bud, No need to apologies at all.. I always appear a bit harsh whenever I say newbies should start at babypips or similar.. But this is the best place to be as a newbee and not in public forums. So if they fall for such, we can't blame ourselves. Stay Well
Ignored

Hi JayBag,

I completed the Baby pips course.

One can learn basic stuff there, but as for so called complicated or more twisted scam, newbie have to be in live forum like this one.

I'm happy to be here , learning a lot of stuff that not taught elsewhere.

Forex world full of scam Gurus and Master. I'm aware.

Thanks
 
3
  • Post #566,407
  • Quote
  • Dec 17, 2020 9:01am Dec 17, 2020 9:01am
  •  Hunterrus84
  • Joined Jul 2019 | Status: The WORLD likes patience | 268 Posts
Quoting pipfarm
Disliked
{quote} Yep we can only warn them, so this character Hunterrus84 has a pattern of doing this kind of thing on another forum, proclaiming to have secret sm money levels, 100% gold trading system, email me etc for the details, its defo the same guy as he uses the same profile photo and name.
Ignored
that was long ago, I am not telling I am another person , trading gold a little failed but on another reasons. Now I am better to trade here with GU and I am not selling anything...My results will tell that I don't lie to people I am just sharing what I see. WTF is ur problem, mate?
Always Defend your investment 1775
 
1
  • Post #566,408
  • Quote
  • Dec 17, 2020 9:02am Dec 17, 2020 9:02am
  •  Headland
  • Joined Apr 2020 | Status: not posting atm | 5,176 Posts
Quoting mw108
Disliked
{quote} ..... TA cannot tell you this. TAs are drawing lines, rectangles, waves, looking at indicators, while hoping that it works out. That's not peace of mind, that's gambling. Hoping that your bet is turning into a winner....
Ignored
You misunderstand TA - it is a graphical representation of everything that is known or at least felt important by the market and discounted into the current prevailing price. As such it illustrates the past and prevailing present collective market sentiment that you rightly suggest moves the market. Like FA it has no magical powers of prediction, it can only tell you what happened in the past, and what is happening in the present, but as patterns repeat that reflect market sentiment it is a very useful tactical approach to the market, There is no need to hope or gamble you simply need to derive an edge from it, or any other type of analysis you use. No one knows what even the next tick in price will be - all we can do is trade our respective edges, (assuming that we have one, and know what we need to know about it.)
Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
 
1
  • Post #566,409
  • Quote
  • Dec 17, 2020 9:04am Dec 17, 2020 9:04am
  •  JayBag
  • Joined May 2016 | Status: Clueless | 6,418 Posts
Quoting mw108
Disliked
{quote} Fundamental reason: Brexit optimism boosts GBP. Ongoing DXY weakness, especially after yesterday's dovish Fed Powell press conference pressures USD. Plus "risk on" moves money from safe heavens (which USD is too) into risk assets. TA cannot tell you this. TAs are drawing lines, rectangles, waves, looking at indicators, while hoping that it works out. That's not peace of mind, that's gambling. Hoping that your bet is turning into a winner. The market moves after fundamental things have changed. The market always moves (except in times of...
Ignored
Hi M,

You said something very profound and I have to agree. There are indeed many ways to skin a cat. However, I still don't think solely depending on FA will do the trick at all. But you clearly stated that you approach the market using FA and TA works for you. For me, I always ended up having conflicting signals/ideas.. I only saw breakthrough spending more time on TA then progressing to advance TA and I have never looked back till date.

I will always like to think that FA is nothing but FUEL. From my limited experience, I have seen many moves where price respected TA to the pip while there was some news release (Spikes included)..

On the FA side, I have seen many times where numbers are released for lets say the $.. We all can see it's green/good for the dollar but price will still zoom to the opposite direction. I will like to believe you have experienced this before?

I guess it depends on the experience be it TA or FA (Experience always makes the difference)
 
1
  • Post #566,410
  • Quote
  • Dec 17, 2020 9:04am Dec 17, 2020 9:04am
  •  pipfarm
  • Joined Oct 2010 | Status: Member | 3,124 Posts
Quoting Hunterrus84
Disliked
{quote} that was long ago, I am not telling I am another person , trading gold a little failed but on another reasons. Now I am better to trade here with GU and I am not selling anything...My results will tell that I don't lie to people I am just sharing what I see
Ignored
Ok letz keep it this way and if you swear at me one more time your suspended

and wishing you a lot of success with trading
Follow The Markets Structure - Patience and Discipline
 
2
  • Post #566,411
  • Quote
  • Dec 17, 2020 9:08am Dec 17, 2020 9:08am
  •  JayBag
  • Joined May 2016 | Status: Clueless | 6,418 Posts
Quoting Sang.Real
Disliked
{quote} Hi JayBag, I completed the Baby pips course. One can learn basic stuff there, but as for so called complicated or more twisted scam, newbie have to be in live forum like this one. I'm happy to be here , learning a lot of stuff that not taught elsewhere. Forex world full of scam Gurus and Master. I'm aware. Thanks
Ignored
I am glad you are aware of this... However, majority of newbies may not and usually would fall for it.. Newbie tends to hunt for holy grail etc..
 
1
  • Post #566,412
  • Quote
  • Dec 17, 2020 9:09am Dec 17, 2020 9:09am
  •  zuluremys
  • | Joined Apr 2019 | Status: 99.9% persistance | 390 Posts
i ll be back if it breaks any of my lines
Attached Image
99.9% persistence
 
1
  • Post #566,413
  • Quote
  • Dec 17, 2020 9:09am Dec 17, 2020 9:09am
  •  Hunterrus84
  • Joined Jul 2019 | Status: The WORLD likes patience | 268 Posts
Quoting pipfarm
Disliked
{quote} Ok letz keep it this way and if you swear at me one more time your suspended and wishing you a lot of success with trading
Ignored
Thanks, everyone must have one more chance, I just want to help people a little, and just simply share without suggesting something....Of course people ask how I see the levels, but I am not telling, just giving info ok?
Always Defend your investment 1775
 
1
  • Post #566,414
  • Quote
  • Dec 17, 2020 9:10am Dec 17, 2020 9:10am
  •  JayBag
  • Joined May 2016 | Status: Clueless | 6,418 Posts
Alright.. Time for some humor and work

Spike Lee is currently around yet again..
He does seem really pissed off and it's worse than the last time..

Let's be alert guys
 
 
  • Post #566,415
  • Quote
  • Dec 17, 2020 9:14am Dec 17, 2020 9:14am
  •  JayBag
  • Joined May 2016 | Status: Clueless | 6,418 Posts
Quoting Hunterrus84
Disliked
{quote} that was long ago, I am not telling I am another person , trading gold a little failed but on another reasons. Now I am better to trade here with GU and I am not selling anything...My results will tell that I don't lie to people I am just sharing what I see. WTF is ur problem, mate?
Ignored
Bud, we can express ourselves without swearing at each other.
Time shows our true intention. Eventually, people will see it ... I believe we have really smart people here that will see if you are doing something right or wrong

Take care
 
1
  • Post #566,416
  • Quote
  • Dec 17, 2020 9:15am Dec 17, 2020 9:15am
  •  ZTrader123
  • | Joined Apr 2020 | Status: Member | 418 Posts
Quoting JayBag
Disliked
Alright.. Time for some humor and work Spike Lee is currently around yet again.. He does seem really pissed off and it's worse than the last time.. Let's be alert guys
Ignored

Spike lee to the downside right
 
 
  • Post #566,417
  • Quote
  • Dec 17, 2020 9:16am Dec 17, 2020 9:16am
  •  Waveskierrob
  • Joined May 2020 | Status: Best trader ever to have lived 4.0 | 5,300 Posts
Quoting pipfarm
Disliked
{quote} Yep we can only warn them, so this character Hunterrus84 has a pattern of doing this kind of thing on another forum, proclaiming to have secret sm money levels, 100% gold trading system, email me etc for the details, its defo the same guy as he uses the same profile photo and name. For the newbies, think 100% gold system ?, secret sm levels?, ok why not just become a trillionaire and own the world.
Ignored
Thanks for the heads up thought this guy didn't ring true
Soon To Be Temporarily Suspended Again
 
1
  • Post #566,418
  • Quote
  • Dec 17, 2020 9:16am Dec 17, 2020 9:16am
  •  zizoo
  • | Joined Sep 2009 | Status: Member | 167 Posts
Quoting VM.
Disliked
Looks like market want to make absolutely certain all bears lose their money before the trend changes. Being a bear, I am still waiting on the sidelines; stimulus and Brexit talks have good chances to succeed, and this may lift GU even higher; but both can also fail. Once we have clarity on these two fronts (whatever the result), we can start selling. Before that, it is too risky to take either side, in my opinion.
Ignored
The bear wave is coming soon. Cable would print a short daily candle tomorrow that'll probably look like a reversal pinbar to end the week. Then, everyone would target the gap
when you can accurately predict the future, you leave nothing to chance.
 
 
  • Post #566,419
  • Quote
  • Dec 17, 2020 9:17am Dec 17, 2020 9:17am
  •  JayBag
  • Joined May 2016 | Status: Clueless | 6,418 Posts
Damnn ... Just realized I have crossed 5k post

I am probably talking to much for a quiet individual ha
I should stop
 
1
  • Post #566,420
  • Quote
  • Dec 17, 2020 9:18am Dec 17, 2020 9:18am
  •  JayBag
  • Joined May 2016 | Status: Clueless | 6,418 Posts
Quoting ZTrader123
Disliked
{quote} Spike lee to the downside right
Ignored
Uhm, Spike Lee loves NORTH a lot.. Whenever he gets angry, he throws things UP
 
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