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Cable Update (GBPUSD)

  • #481,021
  • Jun 11, 2019 9:31am Jun 11, 2019 9:31am
Quoting knkie
{quote} well if you are using Pascal's triangle thats different. The fib is not subjective because you are using the sequence... https://www.mathsisfun.com/pascals-triangle.html
???
  • #481,022
  • Jun 11, 2019 9:31am Jun 11, 2019 9:31am
the next expected area at 1.273-1.275
Attached Image (click to enlarge)
Click to Enlarge Name: 9FB273A3-DBB3-4B9A-915F-37AE5A9A8C3E.png Size: 490 KB
Rich from mind - Happy from heart - Peace in action
  • #481,023
  • Jun 11, 2019 9:31am Jun 11, 2019 9:31am
Quoting Marcieny
{quote} Everything has a reason...black and white swans do not occur from nowhere.
black & white swans are determined by genetics.
what does that have to do with being correct about a result?

next thing you knwo we will be adding horoscopes to trading lol
in wondering about yourself, you forgot what you came here to be part of
  • #481,024
  • Jun 11, 2019 9:33am Jun 11, 2019 9:33am
Quoting knkie
{quote} the snag in your reasoning is that trading and finance are not science. they do not occur naturally i nnature. fibonacci sequences are a mathematical curiosity. Fibonaccie Relationships are natural in the universe. Trading is NOT. here is a fun article about spurious correlations and fibonacci: https://www.sciencealert.com/the-for...mentally-wrong

Then please explain how it is that in the forex market can/do flip their price movements, almost every time the price reaches 61.8% 50.0 % 38.2%, being the fib levels of course, and this is very basic stuff.

P/S There is something wrong with your link, it wont open
  • #481,025
  • Jun 11, 2019 9:33am Jun 11, 2019 9:33am
Quoting DailyChart
{quote} Lunch or dinner yet ?
Lunch yet
  • #481,026
  • Jun 11, 2019 9:33am Jun 11, 2019 9:33am
Quoting Moty
{quote} I am not aiming for daily r2 , only for daily adr range. This. Is far from being aggressive Next target 1.27315 {image} {image}
Keep some your profit and some @ BE. It will safe your money and make profit.
  • #481,027
  • Jun 11, 2019 9:34am Jun 11, 2019 9:34am
Quoting AriesTran
the next expected area at 1.273-1.275 {image}
friendly the adx burned me many many times
  • #481,028
  • Jun 11, 2019 9:35am Jun 11, 2019 9:35am
Quoting knkie
{quote} black & white swans are determined by genetics. what does that have to do with being correct about a result? next thing you knwo we will be adding horoscopes to trading lol
I doubt...
If there was no explanation ...mathematics does not exist?
I do not believe in horoscopes but in God.
  • #481,029
  • Jun 11, 2019 9:37am Jun 11, 2019 9:37am
Quoting xristos2512
{quote} 1 why its yours? 2 im reading full things 3 many amature traders read try to help them mate s... the f.... up
Mate you are a big time loser and I can see it by the first letter of your nonsense post.
  • #481,030
  • Jun 11, 2019 9:38am Jun 11, 2019 9:38am
Quoting xristos2512
{quote} friendly the adx burned me many many times
I dont use only adx, in my systeam has ema, adx, pa and dow.
Rich from mind - Happy from heart - Peace in action
  • #481,031
  • Jun 11, 2019 9:39am Jun 11, 2019 9:39am
Quoting xristos2512
{quote} 1 why its yours? 2 im reading full things 3 many amature traders read try to help them mate s... the f.... up see what he is doing? before 45 mins where long he makes fun and you arte mad with me {quote}

We are community here that respect each other and your making fun of other traders is not acceptable, MATE!!!
  • #481,032
  • Jun 11, 2019 9:40am Jun 11, 2019 9:40am
Quoting Dingoman-two
{quote} Then please explain how it is that in the forex market can/do flip their price movements, almost every time the price reaches 61.8% 50.0 % 38.2%, and this is very basic stuff. P/S There is something wrong with your link, it wont open
yes i explained that earlier.
If everyone is using the same tool and exit or enter at that tools level it becomes a self fullfilling prophecy.
Because everyone sees price stop at the level they have created themselves, it becomes a spurious correlation.

Here is a fine example:
the correlation between the number of drownings and the number of ice-creams sold is very high.
if you were to go by that alone we would be outlawing ice cream.
its spurious: the true correlation is with summertime & temperature.

The same goes for MA's like MA200 ...there is no logical reason why price would respect a magical average.
Certainly not 200...there are 225 trading days in a year. if you are gonna be logical at least use 225 then

Banks buy and sell VALUE.
Its all about the VALUE they place on a currency.
Thats als why certain levels work out.
There is nothing magical about the level.
Its the VALUE at that level.
in wondering about yourself, you forgot what you came here to be part of
  • #481,033
  • Edited 9:55am Jun 11, 2019 9:40am | Edited 9:55am
Quoting Marcieny
{quote} I doubt... If there was no explanation ...mathematics does not exist? I do not believe in horoscopes but in God.
I am believe human attitude and work hard takes 70%
God 30%
  • #481,034
  • Jun 11, 2019 9:41am Jun 11, 2019 9:41am
Quoting Marcieny
{quote} I doubt... If there was no explanation ...mathematics does not exist? I do not believe in horoscopes but in God.

haha
wait
now you are doubting genetics and the color of animals ??

before you know it we will be debating flat earth
in wondering about yourself, you forgot what you came here to be part of
  • #481,035
  • Jun 11, 2019 9:41am Jun 11, 2019 9:41am
Quoting blackjacker
{quote} Mate you are a big time loser and I can see it by the first letter of your nonsense post.
hahaha keep talk s..... anything else defend the other up and down with no explanation
you are the pro jocke
  • #481,036
  • Jun 11, 2019 9:46am Jun 11, 2019 9:46am
Quoting DailyChart
{quote} I am believe human attitude and work hard takrs 70% God 30%
without wisdom we would not be able to do anything... Indeed is necessary want and to have effort too.
  • #481,037
  • Jun 11, 2019 9:47am Jun 11, 2019 9:47am
Quoting knkie
{quote} haha wait now you are doubting genetics and the color of animals ?? before you know it we will be debating flat earth
Sorry...Really I do not understand what you mean.
  • #481,038
  • Jun 11, 2019 9:48am Jun 11, 2019 9:48am
Quoting knkie
{quote} yes i explained that earlier. If everyone is using the same tool and exit or enter at that tools level it becomes a self fullfilling prophecy. Because everyone sees price stop at the level they have created themselves, it becomes a spurious correlation. Here is a fine example: the correlation between the number of drownings and the number of ice-creams sold is very high. if you were to go by that alone we would be outlawing ice cream. its spurious: the true correlation is with summertime & temperature. The same goes for MA's like MA200 ...there...

I understand that everyone of us have our own unique way of trading, but I am yet to see the magical way,

as I am someone who has an open mind please share, sounds fascinating, any way enough of this I am back to my trading with my fibs,

good luck folks and please trade wisely

Brian Dingoman-two
  • #481,039
  • Jun 11, 2019 9:48am Jun 11, 2019 9:48am
Quoting Marcieny
{quote} without wisdom we would not be able to do anything... Indeed is necessary want and to have effort too.


but ducks, eliphants, fish do stuff all day.
they dont have wisdom.
they just do their thing.

Maybe human wisdom isnt all we make it out to be,
in fact: Earth would probably be better off without us.
in wondering about yourself, you forgot what you came here to be part of
  • #481,040
  • Jun 11, 2019 9:50am Jun 11, 2019 9:50am
Quoting Dingoman-two
{quote} I understand that everyone of us have our own unique way of trading, but I am yet to see the magical way, as I am someone who has an open mind please share, sounds fascinating, any way enough of this I am back to my trading with my fibs, good luck folks and please trade wisely Brian Dingoman-two
absolutely Brian.
just free floating discussion.
if it works for you use it !

I know you are a good trader;
in wondering about yourself, you forgot what you came here to be part of
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