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Cable Update (GBPUSD)

  • #487,801
  • Jul 30, 2019 8:08am Jul 30, 2019 8:08am
Quoting ganam
{quote} let us see, may be Not KPMG gonna attack
<

Hi folks

Not sure what we talking about

Damn work, boring.

The zigzags we see, spikes and stop hunts are normal 😂😂😂😱😱

FED tomorrow, all big players sleep.
A small 100 lot position can blow the market 😂😨

This market is best for small frames.... 20 here 15 there.

My sell bias is stronger than ever (just need patience).

🍻🍻🍻🍻👍

May drop by tomorrow.... Or not.
But sell a bit i will
Beware of robber banks (RB), bad advisors.
  • #487,802
  • Jul 30, 2019 8:10am Jul 30, 2019 8:10am
I meant... I CAN VISIT YOU TOMORROW...
That's DROP BY https://cdn-resources.faireconomy.me....png?v=1.0.0.1

But i guess it works for pound price too 😂😂😂😂😂😂
Beware of robber banks (RB), bad advisors.
  • #487,803
  • Jul 30, 2019 8:10am Jul 30, 2019 8:10am
Quoting Not-KPMG
{quote}< Hi folks Not sure what we talking about Damn work, boring. The zigzags we see, spikes and stop hunts are normal FED tomorrow, all big players sleep. A small 100 lot position can blow the market This market is best for small frames.... 20 here 15 there. My sell bias is stronger than ever (just need patience). May drop by tomorrow.... Or not. But sell a bit i will
wait
no pictures ?
in wondering about yourself, you forgot what you came here to be part of
  • #487,804
  • Jul 30, 2019 8:20am Jul 30, 2019 8:20am
Quoting Not-KPMG
I meant... I CAN VISIT YOU TOMORROW... That's DROP BY {image} But i guess it works for pound price too

I知 very disappointed. I知 getting the impression your hearts not in it anymore!!
Don't trade what you think. Just what you see!!!
  • #487,805
  • Jul 30, 2019 8:26am Jul 30, 2019 8:26am
Need to break the 21 ema h&l price channel
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2019-07-30 16.09.20_1.jpg Size: 84 KB
yes yes yes
  • #487,806
  • Jul 30, 2019 8:49am Jul 30, 2019 8:49am
Quoting Moty
Need to break the 21 ema h&l price channel {image}
I think this is the resistance problem for the bulls. It was the resistance that done me for 7 pips this morning. I believe as I have done all day that this will turn and go for the lows. I'm in a short at the moment in a hole 11 pips. I'm being true to the thread and going for these lows.

If it does break this resistance. I might take the hit and go long 100 pips, but I'm still convinced it will retest lows. Question when?

Now I'm getting back to watching on Youtube pimple popping and ear wax removal. Don't lie you've all done it!!
Don't trade what you think. Just what you see!!!
  • #487,807
  • Jul 30, 2019 8:59am Jul 30, 2019 8:59am
Quoting Theoak
{quote} I think this is the resistance problem for the bulls. It was the resistance that done me for 7 pips this morning. I believe as I have done all day that this will turn and go for the lows. I'm in a short at the moment in a hole 11 pips. I'm being true to the thread and going for these lows. If it does break this resistance. I might take the hit and go long 100 pips, but I'm still convinced it will retest lows. Question when? Now I'm getting back to watching on Youtube pimple popping and ear wax removal. Don't lie you've all done it!!
how do you get a pimple in your ear ?
in wondering about yourself, you forgot what you came here to be part of
  • #487,808
  • Jul 30, 2019 9:02am Jul 30, 2019 9:02am
sell 2170 for 10-12 pips
in wondering about yourself, you forgot what you came here to be part of
  • #487,809
  • Jul 30, 2019 9:04am Jul 30, 2019 9:04am
Quoting knkie
sell 2170 for 10-12 pips
exit +12 pips
in wondering about yourself, you forgot what you came here to be part of
  • #487,810
  • Jul 30, 2019 9:08am Jul 30, 2019 9:08am
Quoting knkie
{quote} how do you get a pimple in your ear ?
No I have no pimples. Just enjoy watching! I don't need a football to watch a football match! Have you taken that quick prof? Target or trail?
Don't trade what you think. Just what you see!!!
  • #487,811
  • Jul 30, 2019 9:12am Jul 30, 2019 9:12am
Quoting Theoak
{quote} No I have no pimples. Just enjoy watching! I don't need a football to watch a football match! Have you taken that quick prof? Target or trail?
yeah but football is fun and pimples not so much lol
but hey, what ever gets you going

i have concluded that if im on lower frames (<M30) I should just have a realistic target. 10-20 ish.
Larger frames I should trail.

So that last one was a target.

PS: just in case you need this:
https://www.healthline.com/health/be.../pimple-in-ear
in wondering about yourself, you forgot what you came here to be part of
  • #487,812
  • Jul 30, 2019 9:23am Jul 30, 2019 9:23am
well this thing is ready to breakout ... just not sure which side yet.
But you can tell a big move is brewing

i have to go out, so im placing a SELL trigger @ 1.21499

ttyl
in wondering about yourself, you forgot what you came here to be part of
  • #487,813
  • Jul 30, 2019 9:28am Jul 30, 2019 9:28am
Quoting knkie
{quote} yeah but football is fun and pimples not so much lol but hey, what ever gets you going i have concluded that if im on lower frames (<M30) I should just have a realistic target. 10-20 ish. Larger frames I should trail. So that last one was a target. PS: just in case you need this: https://www.healthline.com/health/be.../pimple-in-ear
You know - you picture people on this thread in your mind. And this is for me is the fun bit. Now I did not picture you as a football fan, but I知 adding that now to the picture in my head! Yoga - Herbal Tea drinker wearing an AJAX top in the lotus position!!!!

I知 trying to stop scalping, but finding it hard as I do enjoy it!!! Ninja Style!!
Don't trade what you think. Just what you see!!!
  • #487,814
  • Jul 30, 2019 9:48am Jul 30, 2019 9:48am
Quoting Theoak
{quote} You know - you picture people on this thread in your mind. And this is for me is the fun bit. Now I did not picture you as a football fan, but I知 adding that now to the picture in my head! Yoga - Herbal Tea drinker wearing an AJAX top in the lotus position!!!! I知 trying to stop scalping, but finding it hard as I do enjoy it!!! Ninja Style!!
hahah yes you are quite close.
I also enjoy gazing into the universe with a telescope


You and I are following a similar path it seems.
Im trying to trade higher frames, H1 & H4 so I dont have to stay in front of the screen so much.
But somehow i always drill down to M5 & M1 .... and trade better.
I like trading fast, and patience is difficult.

Im gonna keep at it though cause im pretty sure i can make alot more money on HFs....
in wondering about yourself, you forgot what you came here to be part of
  • #487,815
  • Jul 30, 2019 10:04am Jul 30, 2019 10:04am
Quoting knkie
{quote} hahah yes you are quite close. I also enjoy gazing into the universe with a telescope You and I are following a similar path it seems. Im trying to trade higher frames, H1 & H4 so I dont have to stay in front of the screen so much. But somehow i always drill down to M5 & M1 .... and trade better. I like trading fast, and patience is difficult. Im gonna keep at it though cause im pretty sure i can make alot more money on HFs....
OK added to mind picture: Telescope , Drinking Herbal tea, AJAX, Lotus position. I remember when I was in Holland and there were objections regarding Windmills as it caused horizon pollution. Well to me I could not believe it has its kind of in your culture. Light pollution must drive you mad then.
Don't trade what you think. Just what you see!!!
  • #487,816
  • Jul 30, 2019 10:16am Jul 30, 2019 10:16am
Just a little illustration for new guys amongst us and a little interest post for everyone else here.
As you guys know I use fibs and raw price action. Looking on the chart below you can first see what looks to be a head and shoulders pattern, now I've not drawn it on but you can visualise the bullish trend line to the head and shoulders, what interesting is when that bullish trend line is broken, this forms the right shoulder and it also retest the trend line (again I haven't drawn this on as I've forgot so picture it for now) so we have the trend line break and the retest which forms the "right shoulder" now if you take a look at that right shoulder notice how it rejects from the 61.8 fib ratio. You could take an agressive short here. We can now go ahead and plan our target using the 1.27 extension and the 1.618. Price drops down drastically and hits the 1.27 and the 1.618 and bounces up. From that big drop down we can then throw on another fib, notice the 1.618 bounce retraces up to the 38.2 fib we've just put on and creates a double top before dropping down again (this is where I took my short 4 weeks ago) price then falls from there and creates a symmetrical triangle which has now broken out. Our 1.27 has been hit could price hit 1.21 at the 1.618 and also being a big quarter point? More than likely.
The aim of this post was to allow people to look at the bigger picture trading really is simple we just overcomplicate things.
I'm planning on making a trading journal here on FF at some point so will be sharing my set ups there if anyone wants to nosey about.

Trade with the trend use the higher timeframes if we hit the 1.618 I'll be around 1200 pips up from 2 trades placed 4 weeks ago.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2019-07-30-16-05-12.png Size: 125 KB
  • #487,817
  • Jul 30, 2019 10:16am Jul 30, 2019 10:16am
is it the time for the BULLS?
KEK
  • #487,818
  • Jul 30, 2019 10:23am Jul 30, 2019 10:23am
5m
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2019-07-30 18.22.22_1.jpg Size: 165 KB
yes yes yes
  • #487,819
  • Jul 30, 2019 10:28am Jul 30, 2019 10:28am
Quoting impunctual20
is it the time for the BULLS?
My friend try and understand that the higher highs and the higher lows can and do give you a very good incite to the change of directions when you start to see lower low and lower highs, once you get a handle on this you will be able to work it out for yourself, and you are the only one that you should trust in this game.
EDIT Start/Study in the higher time frames first
Inserted Video
  • #487,820
  • Jul 30, 2019 10:28am Jul 30, 2019 10:28am
Quoting impunctual20
is it the time for the BULLS?
NVM
KEK
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