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Cable Update (GBPUSD)

  • #743,641
  • May 2, 2023 3:35am May 2, 2023 3:35am
Quoting Moty
Come on !!!!! {image} {image}
IF GJ CLOSES BELOW 172, possible to go 170
  • #743,642
  • May 2, 2023 3:38am May 2, 2023 3:38am
Quoting Fix-it
I had put in buy limit at 1.2462 and it miss buy 1.2 pips ,I wonder if broker has any thing to do with this....
I can relate with the conspiracy suspicions
  • #743,643
  • May 2, 2023 3:44am May 2, 2023 3:44am
Short GU 2482 SL 2500 target 2440
People don't plan to lose. They lose because they don't plan.
  • #743,644
  • May 2, 2023 3:45am May 2, 2023 3:45am
Quoting Fix-it
I had put in buy limit at 1.2462 and it miss buy 1.2 pips ,I wonder if broker has any thing to do with this....
Your orders and everybody else's orders are sitting there for the trading algo's to see. Now where can they make money or trick people into jumping in 'early', whatever early is?
  • #743,645
  • May 2, 2023 3:45am May 2, 2023 3:45am
Quoting Pat Chiko
{quote} Hi JT, I think that is more than enough for you. You have been terrorizing this forum with series of killing trades after trades, without leaving some crumbs to me and others to profit. At least gives us, newbie a chance to make some tiny money today. Thanks JT, I know your'e not as evil as Jay Pow.............
working on GU or XAUUSD without having even a shred of indicator that warns you of entry into the HFT market is not very smart !!
working in GU for a beginner is not very smart
you know ?? everyone is looking for quiet couples to work quietly and trust me GU is not
working in GU now in 2023 is not very smart if you don't have 2023 tools
  • #743,646
  • May 2, 2023 3:48am May 2, 2023 3:48am
Quoting BrainBucks
{quote} I can relate with the conspiracy suspicions
To have the privilege of being manipulated, you are assigned an identification and whether one broker or another, you are detected from the exchange house. I thought it was meta at first. However, there is some participation voluntario or involuntario, Algo must must know your entire financial situation such as positions, etc.

It must be authorized by a consortiom gathering major trading companies to rip off retailers while their portofolios are invisible to the Algo. Otherwise, the īd be war between the legendary companies. Retailers can only have a 100% winrate cos Algo beats you by your own mistakes.
POSTMASTER
  • #743,647
  • May 2, 2023 3:52am May 2, 2023 3:52am
Quoting Robinhood1
{quote} To have the privilege of being manipulated, you are assigned an identification and whether one broker or another, you are detected from the exchange house. I thought it was meta at first. However, there is some participation voluntario or involuntario, Algo must must know your entire financial situation such as positions, etc. It must be authorized by a consortiom gathering major trading companies to rip off retailers while their portofolios are invisible to the Algo. Otherwise, the īd be war between the legendary companies. Retailers can...
Anyways, i think that 1.2446 specifically is a support from where we could see the last run up. I may be wrong.
POSTMASTER
  • #743,648
  • May 2, 2023 3:53am May 2, 2023 3:53am
Quoting dantpm
{quote} Your orders and everybody else's orders are sitting there for the trading algo's to see. Now where can they make money or trick people into jumping in 'early', whatever early is?
I believe that the psychological movement behind PA still drive by human emotion. Cause Algo may manipulate the price at 1 pip or pipette value, since they enter and exit their position at fraction of a second.

I think it is something created by Wall street that make newcomers/ experienced trader think that the trading is getting harder than it was 30years ago.
Even tho we no longer get those trends that used to happen 50-60years ago which makes those floor traders today's hedgefunds billionaire, they still in the game even though algo run the majority of volume.

Wall Street has always fool everyone and will always continue to do so.

Why?
Cause till today, i have never see any individual that become ridiculously rich by running algo in the market.
Some did, but not by the purpose of their creation, instead they sell the algo to large amount of people and not by, making money on the market with it.
More time in the market, does not mean you trade better!
  • #743,649
  • May 2, 2023 3:55am May 2, 2023 3:55am
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-h1-oanda-division4-fill-the-gap-pt2.png Size: 10 KB

Fill The Gap

1.2541
All Assets NAS100 GLD BTC AUS JPY GBP All Time Return: 20.3%
  • #743,650
  • May 2, 2023 3:59am May 2, 2023 3:59am
Damn that’s a big drop this morning! Adding long at 12470
Insane in the Brain..
  • #743,651
  • May 2, 2023 4:01am May 2, 2023 4:01am
Quoting spacca
{quote} working on GU or XAUUSD without having even a shred of indicator that warns you of entry into the HFT market is not very smart !! working in GU for a beginner is not very smart you know ?? everyone is looking for quiet couples to work quietly and trust me GU is not working in GU now in 2023 is not very smart if you don't have 2023 tools
Still learning from others on how to make a good trade entry.

Most of the time I copy others trades, especially Moty's Hammer/Rocket Strategy.
Still a newbie in trading.

Hope you can help to guide me and other newbie here.

Thank You
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #743,652
  • May 2, 2023 4:05am May 2, 2023 4:05am
Quoting Robinhood1
{quote} To have the privilege of being manipulated, you are assigned an identification and whether one broker or another, you are detected from the exchange house. I thought it was meta at first. However, there is some participation voluntario or involuntario, Algo must must know your entire financial situation such as positions, etc. It must be authorized by a consortiom gathering major trading companies to rip off retailers while their portofolios are invisible to the Algo. Otherwise, the īd be war between the legendary companies. Retailers can...
So what you are saying that you should always manual entry or exit..
  • #743,653
  • May 2, 2023 4:09am May 2, 2023 4:09am
Quoting Pat Chiko
{quote} Still learning from others on how to make a good trade entry. Most of the time I copy others trades, especially Moty's Hammer/Rocket Strategy. Still a newbie in trading. Hope you can help to guide me and other newbie here. Thank You
"Hammer/Rocket Strategy!"
  • #743,654
  • May 2, 2023 4:10am May 2, 2023 4:10am
Quoting Ryd3n
{image} Liquidity run possible before shooting up more.
If you dont see the Liquidity you become the Liquidity
We cut the winners short and let the losers run.
  • #743,655
  • May 2, 2023 4:16am May 2, 2023 4:16am
This is the trade for me. Short Geppy at 171.44. TP 170.10.
Attached Image (click to enlarge)
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  • #743,656
  • May 2, 2023 4:22am May 2, 2023 4:22am
Quoting Pat Chiko
{quote} Still learning from others on how to make a good trade entry. Most of the time I copy others trades, especially Moty's Hammer/Rocket Strategy. Still a newbie in trading. Hope you can help to guide me and other newbie here. Thank You
Right
Attached Image (click to enlarge)
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  • #743,657
  • May 2, 2023 4:22am May 2, 2023 4:22am
waiting to buy after US open
Attached Image (click to enlarge)
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Read the chart... Fundies are catalyst...
  • #743,658
  • May 2, 2023 4:23am May 2, 2023 4:23am
Quoting Fardeen1209
{quote} I believe that the psychological movement behind PA still drive by human emotion. Cause Algo may manipulate the price at 1 pip or pipette value, since they enter and exit their position at fraction of a second. I think it is something created by Wall street that make newcomers/ experienced trader think that the trading is getting harder than it was 30years ago. Even tho we no longer get those trends that used to happen 50-60years ago which makes those floor traders today's hedgefunds billionaire, they still in the game even though algo run...
I believe that the difference in trading FX today vs the distant past is the trading algos that move price where it can be profitably moved to.
In the past price moved where central banks wanted it without the intermediate trading algo. Today central banks place their orders to influence the market and wait for the algo to react.
All of the people with their own algo's are in denial about how sophisticated the trading algo's are! Any strategy designed to 'beat the trading algo' simply becomes an opportunity for the trading algo to destroy the strategy!
  • #743,659
  • May 2, 2023 4:25am May 2, 2023 4:25am
Quoting Pat Chiko
{quote} GU Copy Moty. with the Hammer......... {image}
GU

Partial TP

I hope ( I wish) GU can reach the target by JOLTS later today.......

Attached Image (click to enlarge)
Click to Enlarge Name: gu 096.jpg Size: 167 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #743,660
  • May 2, 2023 4:28am May 2, 2023 4:28am
Quoting Phil_GMT
{image} Fill The Gap 1.2541
There's no gap on my brokers chart mate.
One of the reason why i dont not rely on my brokers chart only, i do my analysis on tradingview and placed my entry on a touchscreen device.
Very rarely they differs and it usually happened before Tokyo Open
More time in the market, does not mean you trade better!
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