Cable Update (GBPUSD) | Page 23147 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #462,921
  • Jul 26, 2018 4:36am Jul 26, 2018 4:36am
Quoting Bydyke
H4 has closed with a bearish engulfer. This is bad news for the bulls
Sure does look like a top
  • #462,922
  • Jul 26, 2018 4:40am Jul 26, 2018 4:40am
Quoting Trade-G
{quote} There are many obstacle. What we know the "AI" are mostly regurgitation, (if, then this, that, whatif etc...) even when true learning to the extent of self learning happens, it cannot be creative. Scenerio play however are not limited by human who can think out of the box. What your Algo is right is that the statistics of 70% vs 30% probability of touching the pivot point, however as the candles unfold itself, new information becomes available and may clue you in what most likely will happen. Of course when we trade probabilities we are...
I like the fact that the trading world is more and more automated because a clever mind will always find the way to go.
PS: I am a big fan for automated trading, an area where I'll go/end too.
  • #462,923
  • Jul 26, 2018 4:47am Jul 26, 2018 4:47am
Quoting aa4fx
{quote} I like the fact that the trading world is more and more automated because a clever mind will always find the way to go. PS: I am a big fan for automated trading, an area where I'll go/end too.
When you have your game plan and can automate it, its really the best actually.
  • #462,924
  • Jul 26, 2018 4:48am Jul 26, 2018 4:48am
Quoting Trade-G
{quote} There are many obstacle. What we know the "AI" are mostly regurgitation, (if, then this, that, whatif etc...) even when true learning to the extent of self learning happens, it cannot be creative. Scenerio play however are not limited by human who can think out of the box. What your Algo is right is that the statistics of 70% vs 30% probability of touching the pivot point, however as the candles unfold itself, new information becomes available and may clue you in what most likely will happen. Of course when we trade probabilities we are...
you are partly right..
right now the algos are working on daily candles....15 min or even hourly data needs to be pumped into the algos to update the probs more regularly.
This is a huge tasks as the amount of data needed to train a model on hourly or even 15mins will be in billions of rows. This requires a massive amount of hardware and processing power...
  • #462,925
  • Jul 26, 2018 4:50am Jul 26, 2018 4:50am
Quoting aa4fx
{quote} I like the fact that the trading world is more and more automated because a clever mind will always find the way to go. PS: I am a big fan for automated trading, an area where I'll go/end too.
automating and AI are two different things.
You could automate to buy at a buy pivot if price is above 50ma for example.
But AI is taking into account hundreds of other things and tells YOU when to buy..
  • #462,926
  • Jul 26, 2018 4:50am Jul 26, 2018 4:50am
I spit on those machines...
Look Sharp/Trade Tight
  • #462,927
  • Jul 26, 2018 4:54am Jul 26, 2018 4:54am
Quoting PayTheLimit
I spit on those machines...
sorry buddy but 70%+ volume in markets right now is coming from algos and bots...
a hedge fund could trade in hundreds of markets in one day with just 1-2 people. They dont have time to analyse charts manually...
  • #462,928
  • Jul 26, 2018 4:55am Jul 26, 2018 4:55am
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd daily 8.jpg Size: 176 KB
  • #462,929
  • Jul 26, 2018 4:59am Jul 26, 2018 4:59am
Quoting squidster85
{quote} you are partly right.. right now the algos are working on daily candles....15 min or even hourly data needs to be pumped into the algos to update the probs more regularly. This is a huge tasks as the amount of data needed to train a model on hourly or even 15mins will be in billions of rows. This requires a massive amount of hardware and processing power...
That's why its not practical at this point. For retailers. I was of the understanding that big funds that utilizes Algos are in no way advantage...
  • #462,930
  • Jul 26, 2018 5:42am Jul 26, 2018 5:42am
hey guys, it is going up or down ?

Someone in this forum holding the price and not allowing it to move.
Intraday only.
  • #462,931
  • Jul 26, 2018 6:00am Jul 26, 2018 6:00am
Quoting navk
hey guys, it is going up or down ? Someone in this forum holding the price and not allowing it to move.
maybe cabel wait to overlapping ecb rate later
just for a cup of coffee...
  • #462,932
  • Jul 26, 2018 6:07am Jul 26, 2018 6:07am
Quoting navk
hey guys, it is going up or down ? Someone in this forum holding the price and not allowing it to move.
look like down we will go
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #462,933
  • Jul 26, 2018 6:10am Jul 26, 2018 6:10am
Quoting Almo2312
{quote} look like down we will go
OK, Happy but allow the price to go down please. Do not hold it.
Intraday only.
  • #462,934
  • Jul 26, 2018 6:11am Jul 26, 2018 6:11am
Quoting navk
{quote} OK, Happy but allow the price to go down please. Do not hold it.

lol
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #462,935
  • Jul 26, 2018 6:11am Jul 26, 2018 6:11am
Quoting navk
{quote} OK, Happy but allow the price to go down please. Do not hold it.
still unfinish biz upstairs mate
maybe i’m wrong
just for a cup of coffee...
  • #462,936
  • Jul 26, 2018 6:13am Jul 26, 2018 6:13am
Quoting akim0895
{quote} still unfinish biz upstairs mate maybe i’m wrong
you, me are wrong. the PA not moving anywhere.
Intraday only.
  • #462,937
  • Jul 26, 2018 6:15am Jul 26, 2018 6:15am
Quoting aa4fx
{quote} I just closed some sell @ 81 ... I still have a few. in this 65 -> 83 there are some numbers like 48/37 that could be touched too sold 3185
I closed some of the shorts @ 3177
  • #462,938
  • Jul 26, 2018 6:19am Jul 26, 2018 6:19am
Quoting navk
{quote} you, me are wrong. the PA not moving anywhere.
ya buddy..
since yesterday pA seem in waiting mode
just for a cup of coffee...
  • #462,939
  • Jul 26, 2018 6:22am Jul 26, 2018 6:22am
Quoting akim0895
{quote} ya buddy.. since yesterday pA seem in waiting mode
Ok, I too will wait. My prayer... the price to go down. But if it goes up, do not bother either. My account will take care.
Intraday only.
  • #462,940
  • Edited 6:35am Jul 26, 2018 6:23am | Edited 6:35am
Quoting aa4fx
{quote} good to be out finally, tiny gain/loss overall still have some shorts inside, sometime I am thinking to take them out as is because I can see some numbers as high as 3251/66. on the other side the shorts have nice profitable numbers too, better look only on them!
now 1.3180
that 3251/66 could be still on ... will see what happens when it arrive to 3165

added pending sell 3225 and up to there I might not sell it
725 traders viewing now, 1 is registered: