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Cable Update (GBPUSD)

  • #514,021
  • Mar 16, 2020 10:38am Mar 16, 2020 10:38am
Quoting zenmeden
{quote} i hope all is well borr...salam indonesia
@Bones

Under normal circumstances of course retail does not move the market but as we all know markets go down faster than up and with the current situation in the world and markets, shorting any amount as a cumulative total in my opinion is adding to the worsening situation, especially on indexes.


@shainebailey

sorry but i will have to disagree with you, there are people here on the forum and elsewhere that have their own agenda when it comes to trying to convince others that institutions chase retail positions for liquidity, it simply is not true, it is the market itself that is constantly searching for liquidity to fill orders.
Follow The Markets Structure - Patience and Discipline
  • #514,022
  • Mar 16, 2020 11:06am Mar 16, 2020 11:06am
1.2200 not likely to break. take care. only long from here
Intraday only.
  • #514,023
  • Mar 16, 2020 11:13am Mar 16, 2020 11:13am
Quoting pipfarm
{quote} @Bones Under normal circumstances of course retail does not move the market but as we all know markets go down faster than up and with the current situation in the world and markets, shorting any amount as a cumulative total in my opinion is adding to the worsening situation, especially on indexes. @shainebailey sorry but i will have to disagree with you, there are people here on the forum and elsewhere that have their own agenda when it comes to trying to convince others that institutions chase retail positions for liquidity, it simply...
No need to be sorry a difference in opinion is useful to see things from a different perspective.
  • #514,024
  • Mar 16, 2020 11:40am Mar 16, 2020 11:40am
Quoting navk
1.2200 not likely to break. take care. only long from here
I think this week for retrace.. let see until Wednesday
  • #514,025
  • Mar 16, 2020 1:18pm Mar 16, 2020 1:18pm
Quoting Bones
yea true use is considered safe haven ,not sure in this case but not cash ,money does not flow to cash like ever {quote}
I don't know much about this.
My point is, my historical charts tell me that in a crisis, the stock market goes down, and the USD goes up.

That's really all I need to know.
Compulsions can be hard to resist
  • #514,026
  • Mar 16, 2020 2:13pm Mar 16, 2020 2:13pm
Quoting corongumet
{quote} I think this week for retrace.. let see until Wednesday
2160 soon I would think
  • #514,027
  • Mar 16, 2020 2:25pm Mar 16, 2020 2:25pm
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yes yes yes
  • #514,028
  • Mar 16, 2020 2:38pm Mar 16, 2020 2:38pm
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Patience is the key for success.
  • #514,029
  • Mar 16, 2020 2:49pm Mar 16, 2020 2:49pm
Quoting Hezam
{image}{image}
And you still trade Forex looking from a "normal situation" angle?
Monthly lows, daily pivots, oversold/overbought, waves etc?
Good luck with losing your money then...
WT
  • #514,030
  • Mar 16, 2020 2:55pm Mar 16, 2020 2:55pm
Long from 2213 with 300pip trailing stop. Hoping for some bread this week.
  • #514,031
  • Mar 16, 2020 3:56pm Mar 16, 2020 3:56pm
no one seen a crisis like this ,were talking shutting US down

Heres what the fed did, it includes the primary banks not needing a reserve, there are big banks out there in trouble

https://www.forbes.com/sites/bobhabe.../#3a1ff8766aa8


Quoting trumps
{quote} I don't know much about this. My point is, my historical charts tell me that in a crisis, the stock market goes down, and the USD goes up. That's really all I need to know.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #514,032
  • Edited 4:44pm Mar 16, 2020 4:14pm | Edited 4:44pm
majority of retail don't hit the real market ,even ECN type
better money in it for brokers overall ,its a bad situ but there's nothing we can do about it?
Trump should follow me then he wouldn't have made so many mistakes and cost lives, because I realised when the cement was fresh on chinas prison hospitals

Ive only got a pencil and notebook to do the math

Now U turn Trump ,unbelievable gall
more front than Brighton

10 out of 10 handling in his words why the US media don't say anything to his face

Quoting pipfarm
{quote} @Bones Under normal circumstances of course retail does not move the market but as we all know markets go down faster than up and with the current situation in the world and markets, shorting any amount as a cumulative total in my opinion is adding to the worsening situation, especially on indexes. @shainebailey sorry but i will have to disagree with you, there are people here on the forum and elsewhere that have their own agenda when it comes to trying to convince others that institutions chase retail positions for liquidity, it simply...
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #514,033
  • Mar 16, 2020 4:29pm Mar 16, 2020 4:29pm
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yes yes yes
  • #514,034
  • Mar 16, 2020 4:57pm Mar 16, 2020 4:57pm
Quoting Bones
more front than Brighton {quote}
Focus.
  • #514,035
  • Mar 17, 2020 1:06am Mar 17, 2020 1:06am
however, break of 2200 will take the PA to s1. 2174
Intraday only.
  • #514,036
  • Mar 17, 2020 1:29am Mar 17, 2020 1:29am
Quoting LeongPuiy
{quote} You are really joke
Don't mind him he thinks stopping to trade will make any difference with the pennies he uses when the tanks are they pushing the market.
I don't know were he learnt that a tiny retail trader like him can affect the market
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #514,037
  • Mar 17, 2020 1:40am Mar 17, 2020 1:40am
M5
RangeBottomBuy @ 1.22387, SL 10, TP 16

s. Chart

atb vvm
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PA Trading with EMAs & common Sense
  • #514,038
  • Mar 17, 2020 1:40am Mar 17, 2020 1:40am
Quoting navk
however, break of 2200 will take the PA to s1. 2174
Range too tight,
recently market play huge range
PA Return Today: 0.3%
  • #514,039
  • Mar 17, 2020 1:43am Mar 17, 2020 1:43am
Quoting martinez1
{quote} Don't mind him he thinks stopping to trade will make any difference with the pennies he uses when the tanks are they pushing the market. I don't know were he learnt that a tiny retail trader like him can affect the market
Yup trading is trading,
we stop trading won’t change anything,
specially there are some full time trader trade for living,
why should they stop?
if don’t stop, mean they are selfish?
I quoted him because saw he say this ‘selfish’
PA Return Today: 0.3%
  • #514,040
  • Mar 17, 2020 1:51am Mar 17, 2020 1:51am
[quote = breal; 12816849] Лонг от 2213 с трейлинг-стопом 300 пунктов. Надеемся на хлеб на этой неделе. [/ Quote]
Hello, me too. I will buy 1.2206-2180 TP 1.2500
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