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Cable Update (GBPUSD)

  • #455,441
  • Oct 10, 2017 12:08pm Oct 10, 2017 12:08pm
I understand what your saying totally
many factors I think your wrong as I type
how long have you traded

Quoting Snowden
{quote} No S&R beats x amount of differently drawn trendlines.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #455,442
  • Oct 10, 2017 12:38pm Oct 10, 2017 12:38pm
Up trend has been kept. Today I bought at price 1. 3181 and was out at price 1.3218. I entered cause a buy signal appeared at price 1.3175. I missed another buy signal at price 1.3160 that could bring me about 50 pips. Well, anyway, this week I opend three long orders. The first with the purpose at red line, the second with the purpose at yellow line and the third one is done and brought me 37 pips. Wait for another buy signals.
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  • #455,443
  • Oct 10, 2017 12:43pm Oct 10, 2017 12:43pm
Quoting Bones
I understand what your saying totally many factors I think your wrong as I type how long have you traded {quote}
I'm extremely impressed at your ability to think and type at the same time.
  • #455,444
  • Oct 10, 2017 2:03pm Oct 10, 2017 2:03pm
Quoting VictorFaria
{quote} Very good
Thanks! Have you been trading long?

Quoting Bones
nice to see, good job lots of thinking through, you can upload the charts directly in the post {quote}
Thanks for the feedback Bones, I'm hoping to understand why I am taking trades, rather than just making them. Would you suggest I consider anything else or do I have the basics reasonably well covered?

As for the charts; I copied the post from my journal. Strangely they are embedded there but not when I pasted them over. Will change that for my next post

Thank you, both for taking the time to respond.
  • #455,445
  • Oct 10, 2017 2:15pm Oct 10, 2017 2:15pm
I've been here a long time unlike most
we will see valid pivot V bones valid TL

Quoting Snowden
{quote} I'm extremely impressed at your ability to think and type at the same time.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #455,446
  • Oct 10, 2017 2:16pm Oct 10, 2017 2:16pm
Quoting Talzus
{quote} Thanks! Have you been trading long? {quote} Thanks for the feedback Bones, I'm hoping to understand why I am taking trades, rather than just making them. Would you suggest I consider anything else or do I have the basics reasonably well covered? As for the charts; I copied the post from my journal. Strangely they are embedded there but not when I pasted them over. Will change that for my next post Thank you, both for taking the time to respond.
Hello Mate,
None Positions On G/U Yet, waiting for a better view of the market, maybe FOMC tomorrow will show us the way
  • #455,447
  • Oct 10, 2017 2:23pm Oct 10, 2017 2:23pm
Quoting Bones
you can check I called this chart 101 don't short directly after a correctly drawn (rare on FF) respected line is taken {image}
Good Observation
  • #455,448
  • Oct 10, 2017 2:39pm Oct 10, 2017 2:39pm
I have sent you a pm really very structured way about you keep them coming as this thread needs more idea creators

Quoting Talzus
{quote} Thanks! Have you been trading long? {quote} Thanks for the feedback Bones, I'm hoping to understand why I am taking trades, rather than just making them. Would you suggest I consider anything else or do I have the basics reasonably well covered? As for the charts; I copied the post from my journal. Strangely they are embedded there but not when I pasted them over. Will change that for my next post Thank you, both for taking the time to respond.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #455,449
  • Oct 10, 2017 6:49pm Oct 10, 2017 6:49pm
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #455,450
  • Oct 10, 2017 7:54pm Oct 10, 2017 7:54pm
Quoting Bones
lol it just took a super respected line {quote}
Oh my goodness I am so excited I nearly wet myself... but what does it mean?

If that was super respected then the daily one must be super duper...
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  • #455,451
  • Oct 10, 2017 8:09pm Oct 10, 2017 8:09pm
well on the daily lines a bit different ,I thought for a min I would eat humble pie ..
well taken the super duper line lower


Quoting Nala66
{quote} Oh my goodness I am so excited I nearly wet myself... but what does it mean? If that was super respected then the daily one must be super duper... {image}
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #455,452
  • Oct 10, 2017 8:27pm Oct 10, 2017 8:27pm
over the previous mentioned hurdle maybe your safe for the day=still a risk now based on w1
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #455,453
  • Oct 10, 2017 8:40pm Oct 10, 2017 8:40pm
Quoting Bones
over the previous mentioned hurdle maybe your safe for the day=still a risk now based on w1 {image}
Well we are trading off bullish supports now all the way to the 4 hour chart... Be interesting to see later down the track if it can establish support on the daily which would then be a threat to the monthly.
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  • #455,454
  • Oct 11, 2017 12:20am Oct 11, 2017 12:20am
Inserted Video
  • #455,455
  • Oct 11, 2017 12:27am Oct 11, 2017 12:27am
Quoting Snowden
{quote} 2nd entry@218 ... stops at 260
Closed +25
  • #455,456
  • Oct 11, 2017 12:58am Oct 11, 2017 12:58am
Hello everyone! Well, Everything goes very good for now. It is time for correction, I guess. In my trade I use levels based on futures contract data. You see at screenshot. Light blue is an essential zone, that I consider as a strong support for today. My suggestion is the price goes downt till that zone and after goes up. We will see. Anyway I am waiting for a buy signal at that zone.
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  • #455,457
  • Oct 11, 2017 5:36am Oct 11, 2017 5:36am
same as it ever was, bidding 3152 again, risk 10....
Look Sharp/Trade Tight
  • #455,458
  • Oct 11, 2017 5:46am Oct 11, 2017 5:46am
I'm selling from here with stop loss 1.32266
r/r 1 to 2
  • #455,459
  • Oct 11, 2017 6:15am Oct 11, 2017 6:15am
As I said before Up trend has started on 9-th of Ocober. Therefore the long trades are in the focus only. Today it was a signal for the possible correction down. It doesn't mean the up trend is over, but it means it is time to wait for a new long wave. Here is a screenshot with the possible ways of price behavior.
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  • #455,460
  • Oct 11, 2017 6:30am Oct 11, 2017 6:30am
If 180 goes, I'd expect a bullish reaction from 160 ... which I believe is also currently a few pips above a certain trendline
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