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Cable Update (GBPUSD)

  • #510,981
  • Feb 6, 2020 10:28am Feb 6, 2020 10:28am
Quoting pipfarm
{quote} Hmmm 160k profit , you had between 300 and 400k profit and you let the price come back on you, i dont get your logic and now your going to go into drawdown
Watch and learn, you are getting a free master class in trading.
Charts don't drive price, market conditions drive price...
  • #510,982
  • Feb 6, 2020 10:29am Feb 6, 2020 10:29am
well you need to provide a chart to tell me that's strong enough to hold

Quoting MamounDeb
{quote} Weekly is bullish, Daily is ranging and H4 is bearish. This long is not a position that will 100% succeed. all I saying is that this trade allows a very tight SL with very good risk-reward. Even if the SL is hit, it is worth a shot since we are in a ranging market. Just to be clear, I have been selling rallies on cable, this long is logical because of a very strong support, otherwise, people should sell rallies.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #510,983
  • Feb 6, 2020 10:31am Feb 6, 2020 10:31am
Quoting Bones
well you need to provide a chart to tell me that's strong enough to hold {quote}
True. i'm lazy though. So good luck
  • #510,984
  • Feb 6, 2020 10:32am Feb 6, 2020 10:32am
still holding long position.
99.9% persistence
  • #510,985
  • Feb 6, 2020 10:32am Feb 6, 2020 10:32am
Quoting pipfarm
{quote} Hmmm 160k profit , you had between 300 and 400k profit and you let the price come back on you, i dont get your logic and now your going to go into drawdown
Do you think really believe people in here? just take this thread as a game

Trading millions from funds and post here most than you trade...right. lol
COT: The precious data ignored
  • #510,986
  • Feb 6, 2020 10:39am Feb 6, 2020 10:39am
Quoting kuroro001
{quote} Do you think really believe people in here? just take this thread as a game Trading millions from funds and post here most than you trade...right. lol

Well , lets just say im humouring him , nobody in there right mind lets a profit of 300k slip by, especially if you are a pro , its obvious that profit should have been taken around the 3400 high from 2900 if you know how to read the chart.

I know several people here that trade for real, but as you say, take it all with a pinch of salt, especially as no evidence has been provided of any trade, like the traders that pop up after the move to claim all the pips they made, i like the ones here that show their trades before the fact and not just try to claim glory after the fact.
Follow The Markets Structure - Patience and Discipline
  • #510,987
  • Feb 6, 2020 10:40am Feb 6, 2020 10:40am
Quoting kuroro001
{quote} Do you think really believe people in here? just take this thread as a game Trading millions from funds and post here most than you trade...right. lol
I honestly don't need to post here, I post here because it's a community of like-minded people and I would like to think there are others who come here to learn, is that so hard to understand? Everyone can trade whatever they want to trade and follow whatever strategy they want. And yes, I do trade large lots, because I can, whether you believe it or not.

Trade Safe.
Guz
Charts don't drive price, market conditions drive price...
  • #510,988
  • Feb 6, 2020 10:41am Feb 6, 2020 10:41am
Quoting kuroro001
{quote} Do you think really believe people in here? just take this thread as a game Trading millions from funds and post here most than you trade...right. lol
don't get the logic here too...
  • #510,989
  • Feb 6, 2020 10:42am Feb 6, 2020 10:42am
Quoting pipfarm
{quote} Well , lets just say im humouring him , nobody in there right mind lets a profit of 300k slip by, especially if you are a pro , its obvious that profit should have been taken around the 3400 high from 2900 if you know how to read the chart. I know several people here that trade for real, but as you say, take it all with a pinch of salt, especially as no evidence has been provided of any trade, like the traders that pop up after the move to claim all the pips they made, i like the ones here that show their trades before the fact and not just...
I'm beginning to think you are just stupid. Show me your result? You are calling short to 2700x? So, we'll soon see who is the better trader I guess.

Guz
Charts don't drive price, market conditions drive price...
  • #510,990
  • Feb 6, 2020 10:42am Feb 6, 2020 10:42am
Attached Image (click to enlarge)
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yes yes yes
  • #510,991
  • Feb 6, 2020 10:44am Feb 6, 2020 10:44am
I don't need luck im already saying with conviction it won't hold, only difference is I put up many charts already



Quoting MamounDeb
{quote} True. i'm lazy though. So good luck
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #510,992
  • Feb 6, 2020 10:50am Feb 6, 2020 10:50am
Quoting Guztro
{quote} I'm beginning to think you are just stupid. Show me your result? You are calling short to 2700x? So, we'll see who is the better trader soon I guess. Guz

Ok we will see, im calling short over the coming week down to 2585 on the nose.


oh come on , i was calling that trade you took from 2900 long , why because it was an impulse wave , on a single wave up to resistance, so its common sense where to take profit.

And no need for the insults or name calling.
Follow The Markets Structure - Patience and Discipline
  • #510,993
  • Feb 6, 2020 10:52am Feb 6, 2020 10:52am
Quoting pipfarm
{quote} Ok we will see, im calling short over the coming week down to 2585 on the nose. oh come on , i was calling that trade you took from 2900 long , why because it was an impulse wave , on a single wave up to resistance, so its common sense where to take profit. And no need for the insults or name calling.
As I recall, I made clear what I'm targeting way ahead of you buddy, you started commenting on Gartley patterns when I did so, just a reminder.

Cheers@
Guz
Charts don't drive price, market conditions drive price...
  • #510,994
  • Feb 6, 2020 10:54am Feb 6, 2020 10:54am
here I did it for you

Quoting MamounDeb
{quote} True. i'm lazy though. So good luck
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #510,995
  • Feb 6, 2020 10:58am Feb 6, 2020 10:58am
Quoting Bones
here I did it for you {quote} {image}
the strong support region on your chart is holding since 20 of October 2019. I don't know what makes you think it's week.
It was resistance until 19th of December than became strong support.
As I said we are in a ranging market for cable so we should play with S and R instead of selling drops and buying rallies.

It's a good chart though.

Edit: This Support held 7 times on daily already. and only broke once and it was for the bulls .
  • #510,996
  • Feb 6, 2020 11:02am Feb 6, 2020 11:02am
Quoting MamounDeb
{quote} the strong support region on your chart is holding since 20 of October 2019. I don't know what makes you think it's week. It was resistance until 19th of December than became strong support. As I said we are in a ranging market for cable so we should play with S and R instead of selling drops and buying rallies. It's a good chart though. Edit: This Support held 7 times on daily already. and only broke once and it was for the bulls .
This is basically what I am thinking about:
Inserted Video
  • #510,997
  • Feb 6, 2020 11:03am Feb 6, 2020 11:03am
Quoting Guztro
{quote} As I recall, I made clear what I'm targeting way ahead of you buddy, you started commenting on Gartley patterns when I did so, just a reminder. Cheers@ Guz

We have not seen 2900 since the end of november last year , thats the swing im talking about where profit should of been taken at the 3400 high, maybe your charts are slightly different and your talking about the december low , on my chart its 2904 if thats your entry then all you did was trade a retest of the resistance.

Watch the 2904 low cause its gonna smash through.
Follow The Markets Structure - Patience and Discipline
  • #510,998
  • Feb 6, 2020 11:07am Feb 6, 2020 11:07am
checking usd , target it already got as 98.30 , and still next likely test 98.49 + may to halt!
Attached Images
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #510,999
  • Feb 6, 2020 11:09am Feb 6, 2020 11:09am
Quoting Bones
im saying look for it could side it out maybe tomorrow {image}
Bones, I agree...I'm posting this chart like forever, but this is 3rd touch of the TL and tomorrow is a fun day (NFP)
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Always trade your own plan...I don't provide trading signals.
  • #511,000
  • Feb 6, 2020 11:13am Feb 6, 2020 11:13am
When dx reach ressistence i will be long at gu
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yes yes yes
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