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Cable Update (GBPUSD)

  • #498,201
  • Oct 15, 2019 9:15pm Oct 15, 2019 9:15pm
Quoting RobyTurboSS
{quote} just perfect...the price advertising campaign did the job...now is a matter of hours...i am the only Bear of this thread{image}
you're not alone bro.. my bias is bearish also..
  • #498,202
  • Oct 15, 2019 9:17pm Oct 15, 2019 9:17pm
Quoting RobyTurboSS
{quote} just perfect...the price advertising campaign did the job...now is a matter of hours...i am the only Bear of this thread{image}
With 60% of Forex Factory retail traders bearish for GBPUSD, you are not alone.
Bank love retailers...
Come with me if you want to live....
  • #498,203
  • Edited 9:53pm Oct 15, 2019 9:25pm | Edited 9:53pm
Quoting navk
{quote} A definite push up will be there today before falling back. Frankfurt push up... is the one good.
Three scenarios
https://www.fxstreet.com/analysis/br...s-201910071423

Me thinks, If It's going to happen It could be around these announcements my friend.
If so then, the Frank may see a push to the down side

Attached Image

EDIT Also If it can breakthrough the 128001 area, then the next resistance point could be around the 1.3205 area, IMHO
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  • #498,204
  • Oct 15, 2019 9:52pm Oct 15, 2019 9:52pm
Quoting Ill-b-back
{quote} With 60% of Forex Factory retail traders bearish for GBPUSD, you are not alone. Bank love retailers...
Retail traders are going with the 24h trend but with a big delay,first they loose a few SL's and only after they change direction to recover but is way too late.Retails are always the last to join the short term trend ,just where the banks are going to exit.In this moment there are no Bears retails in the market ... only a few ... 99% are long,convinced by the Friday spike...and mostly are trapped at top in the last 24 hours....There are no easy money in the market... The charting (price advertising campaign)and mass media brainwashing ,did the job...Is a matter of hours to eat all the retailers
  • #498,205
  • Oct 15, 2019 9:58pm Oct 15, 2019 9:58pm
Quoting RobyTurboSS
{quote} Retail traders are going with the 24h trend but with a big delay,first they loose a few SL's and only after they change direction to recover but is way too late.Retails are always the last to join the short term trend ,just where the banks are going to exit.In this moment there are no Bears retails in the market ... only a few ... 99% are long,convinced by the Friday spike...and mostly are trapped at top in the last 24 hours....There are no easy money in the market... The charting (price advertising campaign)and mass media brainwashing ,did...

It's simple my friend, the Banks go were they can cause the most damage/pain.
https://www.tradingview.com/symbols/GBPUSD/technicals/
https://youtu.be/Lvq0t0eQOG4
  • #498,206
  • Oct 15, 2019 10:06pm Oct 15, 2019 10:06pm
Be prepared for 72 hours of Bear power ...
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  • #498,207
  • Oct 15, 2019 10:10pm Oct 15, 2019 10:10pm
Quoting RobyTurboSS
{quote} ...am not a kid gambling high leverage with 100$ account you are confusing trading with high leverage gambling ..Is drawing a few trend lines and a tight SL at 1000x your plan!!?!. There is no shortcut to success.Banks know that.

Roby ... with all due respect ... you do not actually have s clue how to trade . You have a 500 pip drawdown on your average ... if you worked for a hedge fund you and your quantum model would have been fired by now

my account is very small mate I trade 0.000002 micro lots . 😂 On demo

i have taken every single one of your call and made tons .. every time you come here and say bulls beware 1.2 I have bought with a 50 point stop.. yesterday's I made 150 pip .. thanks mate 😂Keep those awesome calls coming
Blogging daily now at www.volume.zone
  • #498,208
  • Oct 15, 2019 10:12pm Oct 15, 2019 10:12pm
Quoting RobyTurboSS
Be prepared for 72 hours of Bear power ... {image}

I will call this the indecision area
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  • #498,209
  • Oct 15, 2019 10:14pm Oct 15, 2019 10:14pm
Longed here
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  • #498,210
  • Oct 15, 2019 10:15pm Oct 15, 2019 10:15pm
Quoting RobyTurboSS
Be prepared for 72 hours of Bear power ... {image}
Been in this game 18 years now ..

leg up test , leg up test

normal market behaviour of the smart money ..

I suggest you read tom williams master the markets it may aid you in your trading ..

when the dynamics of this 4 hour changes then we can talk bear market .

maybe I am oversimplifying things but that's how I trade . In the shadow of the smart money
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Blogging daily now at www.volume.zone
  • #498,211
  • Oct 15, 2019 10:19pm Oct 15, 2019 10:19pm
i trade on m5 charts with m15 as a trend guide

this way i get early entries into any big movement and my stops are also tight so negatives are very limited
  • #498,212
  • Oct 15, 2019 10:23pm Oct 15, 2019 10:23pm
Quoting SCopier
Longed here {image}
Its a bit early to enter a trade in gbpusd as it typically move at London open which is 3hours 40 min from now

with that said there is some buyers below us on the bar marked .. the highest volume bar of the Asian session which closed of its lows ...

If price break the low of that bar close your trade and wait. Sometimes you buying coming in phases .. they nibble and then move prices lower with a small percent of their money to look for sell interest and to try and get price to a discount ( i.e. They want to buy $2 trillion they may move market down $100 million to look for sell interest )
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Blogging daily now at www.volume.zone
  • #498,213
  • Oct 15, 2019 10:24pm Oct 15, 2019 10:24pm
Quoting PatienceFx
i trade on m5 charts with m15 as a trend guide this way i get early entries into any big movement and my stops are also tight so negatives are very limited

Noob 😂 You should be professional like roby and get 500 pip draw down 😂
Blogging daily now at www.volume.zone
  • #498,214
  • Oct 15, 2019 10:27pm Oct 15, 2019 10:27pm
Quoting RobyTurboSS
Be prepared for 72 hours of Bear power ... {image}
I'm sure one of these days we will get a down day and you'll finally be right! Even broken analogue clocks are right twice a day.
  • #498,215
  • Edited 10:58pm Oct 15, 2019 10:33pm | Edited 10:58pm
Quoting RobyTurboSS
{quote} Retail traders are going with the 24h trend but with a big delay,first they loose a few SL's and only after they change direction to recover but is way too late.Retails are always the last to join the short term trend ,just where the banks are going to exit.In this moment there are no Bears retails in the market ... only a few ... 99% are long,convinced by the Friday spike...and mostly are trapped at top in the last 24 hours....There are no easy money in the market... The charting (price advertising campaign)and mass media brainwashing ,did...
Nope.
60% are short.
They are also losing nearly 7x as many trades as they are winning.
L- 716
W - 110.
Come with me if you want to live....
  • #498,216
  • Oct 15, 2019 10:58pm Oct 15, 2019 10:58pm
Quoting RobyTurboSS
{quote} Retail traders are going with the 24h trend but with a big delay,first they loose a few SL's and only after they change direction to recover but is way too late.Retails are always the last to join the short term trend ,just where the banks are going to exit.In this moment there are no Bears retails in the market ... only a few ... 99% are long,convinced by the Friday spike...and mostly are trapped at top in the last 24 hours....There are no easy money in the market... The charting (price advertising campaign)and mass media brainwashing ,did...
The stats on this website show a regular pattern of retail behaviour.
When we see a bullish impulse candle, or 2 -3 of them, indicating a trend change, retailers begin to sell.

As the maket rises and rises and rises some more, retailers sell and sell and sell some more.

Then just before the bullish trend is exhausted, retailers begin to buy, just as the market begins to turn south off resistance.

The stats show 60% are short and I expect this figure to rise as we climb.
Come with me if you want to live....
  • #498,217
  • Oct 15, 2019 11:06pm Oct 15, 2019 11:06pm
Quoting Ill-b-back
{quote} Nope. 60% are short. They are also losing nearly 7x as many trades as they are winning. L- 716 W - 110.
You see, I'm losing 5x in a row and I still can make profit with 1 win.

It depends on your trading style.
  • #498,218
  • Oct 15, 2019 11:13pm Oct 15, 2019 11:13pm
Go Make a kill

Inserted Video
  • #498,219
  • Oct 15, 2019 11:14pm Oct 15, 2019 11:14pm
Quoting andrern2000
{quote} You see, I'm losing 5x in a row and I still can make profit with 1 win. It depends on your trading style.
I'm not making judgements of retail trading styles, just quoting data and how it's usually inverse to maket behaviour.
Average return for those short is -3.7%.
For those long it is -0.1%.
Roby Turbo is telling us nearly everyone is long based on the presumption they would have bought after the bullish spike.

However, the data shows most are short.....
Come with me if you want to live....
  • #498,220
  • Oct 15, 2019 11:15pm Oct 15, 2019 11:15pm
Not seeing anything bearish on GU yet. I see a possible triangle on the 15M, volume hasnt given me any reason to look short yet, and a ton of people still holding short. Im going to look to get back in long with a target of 2818. Dont be a
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still doing ninja shit
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