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Cable Update (GBP/USD) without Idiots 23 replies

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Cable Update (GBPUSD)

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  • Post #702,421
  • Quote
  • Nov 1, 2022 10:17am Nov 1, 2022 10:17am
  •  PatienceFx
  • Joined Jun 2013 | Status: enjoying life | 15,151 Posts
Quoting PatienceFx
Disliked
{quote} and i gained {image}
Ignored
booked, thank you
Attached Image (click to enlarge)
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Indicators on my chart help me guess the trade they do not guarantee result
 
 
  • Post #702,422
  • Quote
  • Nov 1, 2022 10:17am Nov 1, 2022 10:17am
  •  DmShka
  • | Joined Oct 2021 | Status: Member | 304 Posts | Online Now
Quoting Reda.el
Disliked
As i said last day .. we will have a massive sell ... Hold your trades guys ...we will more and more selling pressure {image} {image}
Ignored
Rofl, Are you Nostradamus, you cannot exactly know that tommorow JP increase or decrease rate.... but maybe you have contacted him already
 
 
  • Post #702,423
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  • Nov 1, 2022 10:17am Nov 1, 2022 10:17am
  •  TheWolf
  • Joined May 2022 | Status: I'm Done | 2,577 Posts
~1.144 Daily S Level
 
 
  • Post #702,424
  • Quote
  • Nov 1, 2022 10:19am Nov 1, 2022 10:19am
  •  fxsport
  • Joined Jul 2007 | Status: Member | 3,575 Posts
Quoting DrDave
Disliked
{quote} But the problem with that logic is, if he knows nothing, then he cannot know that he knows nothing or if he knows something, because he simply hasn't the ability to know. The simple act of knowing one thing confirms that he knows SOMETHING. Therefore, his conclusion of knowing nothing is incorrect.
Ignored
Hey want to read something that will blow your mind?

What is the definition of a specialist in the medical profession?

Someone who knows more and more about less and less until they know absolutely all there is to know about nothing!
...because you never know - until you do!
 
 
  • Post #702,425
  • Quote
  • Nov 1, 2022 10:19am Nov 1, 2022 10:19am
  •  DrDave
  • Joined Jun 2011 | Status: Member | 8,315 Posts
Quoting MrFanciful
Disliked
{quote} Read a trading book that stated that as you don't know what the next trade coming in is going to be, as in buy or sell, you don't know when it's going to be submitted and you don't know the volume; there is literally no way of knowing whether the market is going to go up or down at any given time. All you know is what the market has already done. As such all you can do is determine how much you're willing to lose.
Ignored
So if price is taking a random walk in direction, then there is a higher probability of the next price step to be at (or within some small limits) a recently visited price rather than to reach a truly random level.

And if there is any type of bias at all, then the next price step is also not truly random.
The markets are speaking to you. Do you know their language? I M T
 
 
  • Post #702,426
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  • Nov 1, 2022 10:21am Nov 1, 2022 10:21am
  •  Robinhood1
  • Joined Dec 2011 | Status: Postmaster | 10,421 Posts
Quoting DrDave
Disliked
{quote} Could you remind me the reasoning for posting about gold in the thread Cable Update (GBPUSD)?
Ignored
I remember you giving you mate Houtbay a like when posting a call for Gold. Anything wrong buddywith me...
PHASE II running 666
 
 
  • Post #702,427
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  • Nov 1, 2022 10:21am Nov 1, 2022 10:21am
  •  LeongPuiy
  • Joined Sep 2018 | Status: Member | 9,036 Posts | Online Now
Quoting Pat Chiko
Disliked
{quote} GU Take out some +50 pips Remain open. Risk was -14 pips. {image}
Ignored
I got the same target,
there is some imbalance need to fill at there and order block frsh and hvnt tested.
Training.
 
1
  • Post #702,428
  • Quote
  • Nov 1, 2022 10:22am Nov 1, 2022 10:22am
  •  TheWolf
  • Joined May 2022 | Status: I'm Done | 2,577 Posts
To say the least..


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  • Post #702,429
  • Quote
  • Nov 1, 2022 10:23am Nov 1, 2022 10:23am
  •  DrDave
  • Joined Jun 2011 | Status: Member | 8,315 Posts
Quoting Robinhood1
Disliked
whenever you see a clean drop as indicated by the arrow and also the impossibility of filling according to the black line, and the return invades the area, retreat from the green dots by 40%. I may be wrong {image}
Ignored
Do you happen to have a data collection of around 100 points so that we can see the distribution of how far the retreat from the green dots reaches? That could be very useful information for deciding where to target the retreat with extremely high probability of a fill.
The markets are speaking to you. Do you know their language? I M T
 
 
  • Post #702,430
  • Quote
  • Nov 1, 2022 10:23am Nov 1, 2022 10:23am
  •  Robinhood1
  • Joined Dec 2011 | Status: Postmaster | 10,421 Posts
Quoting Robinhood1
Disliked
{quote} I remember you giving you mate Houtbay a like when posting a call for Gold. Anything wrong buddywith me...
Ignored
I would not like to call you a scammer but I am not lacking reasons
PHASE II running 666
 
 
  • Post #702,431
  • Quote
  • Nov 1, 2022 10:23am Nov 1, 2022 10:23am
  •  Whale
  • Joined Jun 2013 | Status: Underwater | 8,974 Posts | Online Now
Quoting Whale
Disliked
I’m posting this scenario again.. I uploaded it 30m ago. now I’m off till NY, stay alive {image}
Ignored
Repost
Keep it simple, stupid.
 
 
  • Post #702,432
  • Quote
  • Nov 1, 2022 10:25am Nov 1, 2022 10:25am
  •  mrluckystar
  • Joined May 2011 | Status: Balance sh*t | 2,062 Posts
Quoting mrluckystar
Disliked
{quote} Correction.. short EU at 0.9643. {image}
Ignored
SL positive side
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Peace Yo!
 
 
  • Post #702,433
  • Quote
  • Nov 1, 2022 10:25am Nov 1, 2022 10:25am
  •  Robinhood1
  • Joined Dec 2011 | Status: Postmaster | 10,421 Posts
Quoting DrDave
Disliked
{quote} Do you happen to have a data collection of around 100 points so that we can see the distribution of how far the retreat from the green dots reaches? That could be very useful information for deciding where to target the retreat with extremely high probability of a fill.
Ignored
Clarify why do you give likes to members who post calls which are not GU please
PHASE II running 666
 
 
  • Post #702,434
  • Quote
  • Nov 1, 2022 10:26am Nov 1, 2022 10:26am
  •  PatienceFx
  • Joined Jun 2013 | Status: enjoying life | 15,151 Posts
Quoting TheWolf
Disliked
HAHAHAHAHAHAHAHAHHAH LOOOOOOOOOL THE WHOLE LONDON ERASED IN 5 MINUTES...
Ignored
i loved this post
Indicators on my chart help me guess the trade they do not guarantee result
 
1
  • Post #702,435
  • Quote
  • Nov 1, 2022 10:34am Nov 1, 2022 10:34am
  •  billytt
  • Joined Feb 2009 | Status: Member | 25,867 Posts
Quoting DrDave
Disliked
{quote} So if price is taking a random walk in direction, then there is a higher probability of the next price step to be at (or within some small limits) a recently visited price rather than to reach a truly random level. And if there is any type of bias at all, then the next price step is also not truly random.
Ignored
That book should be trashed.
Look at Frequency Distribution Stats , that will take the book apart.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
 
 
  • Post #702,436
  • Quote
  • Nov 1, 2022 10:35am Nov 1, 2022 10:35am
  •  Pat Chiko
  • Joined Dec 2008 | Status: Newbie | 12,057 Posts | Online Now
Quoting Pat Chiko
Disliked
{quote} GU Take out some +50 pips Remain open. Risk was -14 pips. {image}
Ignored
GU

Plan your trade with strategic TP & Stop.
Took partial TP
Moved to Positive stop.
wait for any development on FOMC/MPC on news as it may moves the market on opposite direction.

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I come from the future.
1
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  • Post #702,437
  • Quote
  • Nov 1, 2022 10:38am Nov 1, 2022 10:38am
  •  Agu
  • | Joined Apr 2020 | Status: Chairman | 74 Posts
Renewed buying pressure at the 1.15 region
Discipline is key
 
 
  • Post #702,438
  • Quote
  • Nov 1, 2022 10:39am Nov 1, 2022 10:39am
  •  PatienceFx
  • Joined Jun 2013 | Status: enjoying life | 15,151 Posts
Quoting PatienceFx
Disliked
{quote} booked, thank you {image}
Ignored
good trade, done for today
Indicators on my chart help me guess the trade they do not guarantee result
 
 
  • Post #702,439
  • Quote
  • Nov 1, 2022 10:40am Nov 1, 2022 10:40am
  •  Whale
  • Joined Jun 2013 | Status: Underwater | 8,974 Posts | Online Now
Damn out -4
Keep it simple, stupid.
 
 
  • Post #702,440
  • Quote
  • Nov 1, 2022 10:41am Nov 1, 2022 10:41am
  •  DrDave
  • Joined Jun 2011 | Status: Member | 8,315 Posts
Quoting Pat Chiko
Disliked
{quote} That was just an analogy for trading... You mean like this ?. Make it tiny Stop loss and large reward. Just don't put 100 pips SL like Karen did. It's 70/30 trade on this. {image}
Ignored
Make it tiny Stop loss and large reward.
Actually, I do the opposite.
The markets are speaking to you. Do you know their language? I M T
 
 
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