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Cable Update (GBPUSD)

  • #650,461
  • Feb 1, 2022 2:48pm Feb 1, 2022 2:48pm
Quoting trumps
{quote} Lol, Yeah ok mate, ok. Such hard working young folk who didn't want to get paid to stay at home. . A thumbs up for you mate
did you check the stock market or housing during that pandemic ,why do you think they can't fill the jobs
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #650,462
  • Feb 1, 2022 2:48pm Feb 1, 2022 2:48pm
Quoting Nordling
{quote} I use math in my analysis. To be specific in my macroeconomics analysis. A scientific approach. But you can keep painting the charts and call it maths, logic is not for everyone.
good for you, but "painting" lines is visual math!!
I'm not sure why you against it.
"the public is not yet ready for it" W.D. GANN
  • #650,463
  • Feb 1, 2022 2:48pm Feb 1, 2022 2:48pm
Quoting Bones
the whole eu move was simple technically ,there is a secret line {image} {image}
The whole EUR move to the downside was because of ECB being dovish. So EUR remains bearish. It's got nothing to do with a colored line across your chart.
  • #650,464
  • Feb 1, 2022 2:50pm Feb 1, 2022 2:50pm
Quoting Techanalyst
{quote} The whole EUR move to the downside was because of ECB being dovish. So EUR remains bearish. It's got nothing to do with a colored line across your chart.
back off dummy ,you ignore me abide by that
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #650,465
  • Feb 1, 2022 2:52pm Feb 1, 2022 2:52pm
let price be the judge
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #650,466
  • Feb 1, 2022 2:52pm Feb 1, 2022 2:52pm
Quoting Techanalyst
{quote} What you have is bunch of not reliable indicators on the chart, not math and percentages.
says you, but that is the weekly 1% and daily range with calculated PA
"the public is not yet ready for it" W.D. GANN
  • #650,467
  • Feb 1, 2022 2:55pm Feb 1, 2022 2:55pm
Quoting Bones
{quote} did you check the stock market or housing during that pandemic ,why do you think they can't fill the jobs
Why?
Getting paid (sometimes more) to stay at home than go to work while the stimulus cheques flowed is a very good reason.
Compulsions can be hard to resist
  • #650,468
  • Feb 1, 2022 2:56pm Feb 1, 2022 2:56pm
alot of big stops above GU going alot higher.
  • #650,469
  • Feb 1, 2022 2:56pm Feb 1, 2022 2:56pm
Quoting Nordling
{quote} Exactly buddy i have tried hundreds of indicators and tools but they failed me too. I know some people who learnt to read price action like you did and they are making money consistently. Indicators have no power to predict the future. They only show the past. Which is why they failed us when we were newbies. I personally use macroeconomics when trading and it works perfectly fine for me.
Yes boss.i started building another $50 trading account yesterday. I posted yesterday results, I will soon post today's orders I want to wait till some minutes before 11pm Nigerian time
GREATEST WISDOM AND POSITIVE ENABLEMENT COMES FROM ALMIGHTY GOD
  • #650,470
  • Feb 1, 2022 2:56pm Feb 1, 2022 2:56pm
Quoting Bones
{quote} did you check the stock market or housing during that pandemic ,why do you think they can't fill the jobs
You mean the bust or the boom market cycle during the pandemic?
Compulsions can be hard to resist
  • #650,471
  • Feb 1, 2022 2:57pm Feb 1, 2022 2:57pm
Quoting Bones
{quote} back off dummy ,you ignore me abide by that
DISLIKE.
  • #650,472
  • Feb 1, 2022 3:04pm Feb 1, 2022 3:04pm
Just finished touching up my painting and want to share it with my friends here...
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Always trade your own plan...I don't provide trading signals.
  • #650,473
  • Feb 1, 2022 3:14pm Feb 1, 2022 3:14pm
Here is todays results. I know i am still learning i know i will know how to trade forex very soon. Good night to all my masters in the house
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GREATEST WISDOM AND POSITIVE ENABLEMENT COMES FROM ALMIGHTY GOD
  • #650,474
  • Edited 6:27pm Feb 1, 2022 3:14pm | Edited 6:27pm
Quoting trumps
{quote} Why? Getting paid (sometimes more) to stay at home than go to work while the stimulus cheques flowed is a very good reason.
a lot of people don't need to work after that much money was dropped ,if you own a house or stocks you feel richer ,or just increase in benefit s tips the scales for some people
these record jobs opening are not good news
the workforce has shrunk ,you need taxpayers
lower employment rate with lower employed while dropping 120 b a month is not ideal
if you need to find people you need to offer more money ,then we talk inflation spiral .
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #650,475
  • Feb 1, 2022 3:19pm Feb 1, 2022 3:19pm
Quoting Wavegarrick
{quote} I have seen a lot of negativity here today and I am afraid that toxic posters are completely taking over. Thank you Mysterio and some that have continued to keep the good spirit alive arounf GU. I am no stooge to trading Mr " Not So Hard" and I never boast about my positions and since you took me below the belt I will share something never shared here before. Current open positions for this week. {image}I hope all can get to a common medium and that is to talk around GU and share ideas for the benefit...
You can't control how others react to you.
You can control how you react to others.
In trading, just as in life, focus on what you can control.

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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #650,476
  • Feb 1, 2022 3:22pm Feb 1, 2022 3:22pm
Quoting Kwt4x
{quote} good for you, but "painting" lines is visual math!! I'm not sure why you against it.
Because i tried all and saw that they don't work buddy. I see two bollingers bands in your chart for example. I have tried bollinger bands in every timeframe and with various settings. Results were not pleasant.

That's why i am against it but everybody is free to do what they like of course.
You have to have an IQ higher than 90 to interact with this user.
  • #650,477
  • Feb 1, 2022 3:26pm Feb 1, 2022 3:26pm
Quoting Bones
{quote} a lot of people don't need to work after that much money was dropped ,if you own a house or stocks you feel richer ,or just increase in benefit s tips the scales for some people these record jobs opening are not good news the workforce has shrunk ,you need taxpayers lower employment rate with lower employed while dropping 120 b a month is not ideal if you need to find people you need to offer more money ,then we talk inflation spiral . {image}
You don't need to convince Bones, that's what I just said (twice). People are staying at home because they didn't need to go to work.

Now, inflation spiral......

How are they to tackle that?

I'm at work so got to go.
Compulsions can be hard to resist
  • #650,478
  • Feb 1, 2022 3:39pm Feb 1, 2022 3:39pm
Quoting Nordling
{quote} Because i tried all and saw that they don't work buddy. I see two bollingers bands in your chart for example. I have tried bollinger bands in every timeframe and with various settings. Results were not pleasant. That's why i am against it but everybody is free to do what they like of course.
that's true, using random settings will not help, and changing timeframe changes TIME. 1 bar in H1 = 12 bars in M5 , so the setting should be modified for each TF.

decide on a TF and count bars in 1 day for the 1st BB and number of bars in 1 week for the 2nd BB.

backtest it and let me know if it make sense to you, please.

cheers,
"the public is not yet ready for it" W.D. GANN
  • #650,479
  • Feb 1, 2022 3:48pm Feb 1, 2022 3:48pm
Inserted Video
not euphoria follower
  • #650,480
  • Edited 4:30pm Feb 1, 2022 3:50pm | Edited 4:30pm
so you can see this is shaping up nicely ,
what next you may ask bones

next you get a bearish close in 2 hours then another bearish candle ,those people who thought that broke up were wrong
btw I put the Bollinger on it you can see it works great

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On-site guru & also FF member's' psychiatrist, when not drinking tea
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