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Cable Scout Long

Watching 3069 3076
5 MIN closed below Pivot not so good for longs

I will probably square my positions in an hour since leaving the screen. Depends on PA
Another 5MIN closed below Pivot (Dodzi) - the same feeling

And EUR almost made the Round Number (as was one of the options for this morning)

Watching 15MIN candle for Cable
15MIN looks 50/50, although in green

Hi Exnav

note on cable M15 the legs had all been cut at the daily low. just my observation that i use.

regards

Phil.

Hello Phil,

Thank you so much. I currently am riding Cable Long. But we'll see. I won't add much since must leave.
You are warmly welcome to post here and I am grateful for that.
I think that the guys coming to this thread are mostly with EUR.

Best regards,
Exnav

P.S. There's seemingly temptation for Cable breaking Inside Days

Hi Exnav

thank you for your welcome.

E/U is at the top of the hourly channel but just off bottom of the daily channel, already seen some selling in hourly over the last few days but is current at a rock and hard place for me, watching for headless dance there (as opposed to legless in cable..lol).

regards

Phil.

Cable 30 MIN hinting London prepares a big game. Currently shaking all enthusiasts

1MIN bounced from Pivot (sharp) South

Our Friend Ant must be feeling well along with EUR leading North. That's why I said, don't know this pair - after just some 13 pips of retracement. I used to think that should be an upthrust.

Squared. Must leave.

Hi Exnav

For me E/U was 50/50 risk call and as it turned out there was no headless dance at the hourly channel top, personally I do not like trading these types of areas of conflict, can move fast either or both ways, cable was an easier read for me with the legless dance at the daily low, also I use USDX to give an ‘overall picture’ of the pairs.

see you later my friend and good luck with the extraction...


Regards

Phil.

Rode 3 waves north. Forth is going on, but i squared. 4th wave, most of the time, is trap.

EUR / USD - UP
GBP / JPY - UP
USD / JPY - UP
GBP / USD - Flat
Sometime is cooking.

Out of G/U for me at range top 1.3115

Hello Phil,

Thank you for your good wishes and thoughts sharing. I'm lucky back.

Cable bounced from Daily trendline (sort of triangle - slope down) and Fibo R3 (that was either in line with GPY reaching the Round 147.00). In fact she broke Inside Days and there's a chance to go farther North if they wish so before the week-end. But of course they may shake some trailing stops on the way. I'm watching it having GBP JPY scout Long.

Best regards,
Exnav

Squared all. Tired.

Dear Friends,

Have a nice week-end.

Exnav

Hi Exnav

you have a good one too my friend, pleasure to be on your thread.

regards

Phil.

On Live Trades/ Calls Right and Accurate:

One of our friends has written "peeps all talking too disruptive".

How I agree with the point. Showing myself any Scout Long or Short, any price level, any description may be so misleading or even destructive.
It's quite clear and fair when someone just states, e.g., Long 2 Lots at 1.1300, TP 1.1318 and SL 1.2989.

I used to blindly follow some traders signals yet 3 - 4 years ago. First, I was checking their previous signals. Then I saw they were always right. And I didn't have a clue why they made those trade (what made them decide so) and what could that cause in the end. E.g., "I now Short USD CAD at 1.3302 and my TP will be at 1.3216." In a couple of days you could see that price never reached that level but turned back. Why the guy didn't say anything? Somebody asked him. He responded: "I squared at 1.3280 when saw that price would not go farther South."
Some traders may show their Calls/Trades until they are correct. When they are in a hole, they may still show what they are doing regardless all the distraction. And, when they are in deep hole, they cannot show anything because of most focus on fighting their trades, protecting their books. They would manage and get by. But what does it mean for those who follow in blind?
One may well explain the reasons for activating orders until he/she is doing only position managing "in a deep hole". Will the follower be able to manage on his/ her own then? They will probably get a feed-back or debriefing aftermath, but how much would it already cost for your own book?

Since I don't normally use SL or TP pending orders, I cannot be clear and fair. Neither can I see how to show my holes position management as soon as I must totally be focused on my battle. And all possible signals would be displayed with a harmful delay.

Therefore, the issue is: is it doing good or bad and does this very thread make help or harm to me and to readers?

Those 3 years ago I decided that I would not follow any signals but trade on my own. It doesn't mean that there are no clear and fair statements, charts, descriptions and debriefings posted by advanced and experienced traders on FF. And I do use much to improve my MO from our friends (whom I owe high respect) journals.

I would agree that on planning and preparation phase it's mostly conscious, once I'm starting to feeling the pulse and position managing it's a mixture of conscious and subconscious. You're analyzing already on reflex (the goal) - it's based on your own long systematic training and experience (time, efforts, will, patience, perseverance, brains, IQ, your internal wolfs fighting). Then it's better or good that your years of practice make it right intuition.

P.S. The picture's source: https://id.wikipedia.org/wiki/Berkas..._Kokcharov.svg

This Fti's response of October 2016 I am to ponder on.

On FF/ public forum and PMs:

This is my text copied from TAF:
[Sun Tzu, AoW:

" There are five dangerous faults which may affect a general:
...(c) a hasty temper, which can be provoked by insults;
(d) a delicacy of honour which is sensitive to shame...

...The general, unable to control his irritation, will launch his men to the assault like swarming ants,..."]

Another important aspect would be to keep your data safe as possible so to be aware of guys watching and provoking you on purpose and having their specific agenda. Sun Tzu, AoW: "...be subtle! and use your spies for every kind of business..."

Yet, don't expect that your confidential data, private ones, your PMs here on FF would be held as confidential or private. Watch out for your own words.

And once more of SunTzu, AoW: "Hold out baits to entice the enemy...
If your opponent is of choleric temper, seek to irritate him. Pretend to be weak, that he may grow arrogant..."

Hi All,

I am long today. Looking for entry.

STF said short so i did. EUR scout short.