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Cable Update (GBPUSD)

  • #522,141
  • May 21, 2020 1:36pm May 21, 2020 1:36pm
Call that manipulation? Really, imo, it's a matter of not just trading candlesticks or patterns for candlesticks/patterns sake.

KP

Quoting Mitiblotch
{quote} Used to matter in those days in currencies. Now, useless. Price can paint all the good candlestick patterns plus even volume and before you blinking goes very opposite. Especially this unstable pair.
Do your homework, follow the footprints of smart money
  • #522,142
  • May 21, 2020 1:43pm May 21, 2020 1:43pm
ty mr powell
Attached Image (click to enlarge)
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yes yes yes
  • #522,143
  • May 21, 2020 1:54pm May 21, 2020 1:54pm
Quoting thevisitor
{quote} don't forget the accuracity of 60% much more than a fancy trading system with lagging indicators and poor mm as i said, dont trading candle stick
I don't use indicators either. There are more important things than candlesticks and patterns. I know candlestick rules, patterns, volume, etc. I apply them as a support. Most important things to me are price (open and close) of the various sessions and the ranges set by them.
  • #522,144
  • May 21, 2020 1:55pm May 21, 2020 1:55pm
Why is there no movement.
  • #522,145
  • May 21, 2020 1:57pm May 21, 2020 1:57pm
Quoting Jeremy1998
Why is there no movement.
He hasn't spoken on market moving comments. Rates etc.
Discipline is key
  • #522,146
  • May 21, 2020 1:59pm May 21, 2020 1:59pm
Quoting KeenPips
Call that manipulation? Really, imo, it's a matter of not just trading candlesticks or patterns for candlesticks/patterns sake. KP {quote}
Anybody can call it whatever they want. The stark truth is that there are people (institutions) that have more ammo in terms of deep equity running into billions, software, and high level inside information. They are the ones who move price largely. We just hang onto their tails like nuisance flies.
  • #522,147
  • May 21, 2020 2:00pm May 21, 2020 2:00pm
Quoting Moty
ty mr powell {image}
yes moty
trade what your ema's are telling you
1.2180
don't get fooled...
  • #522,148
  • May 21, 2020 2:03pm May 21, 2020 2:03pm
Quoting Moty
ty mr powell {image}
Where are the bears hiding mate
  • #522,149
  • May 21, 2020 2:14pm May 21, 2020 2:14pm
Correct to follow the coattails of smart money; but you need to do your home work.

KP

Quoting Mitiblotch
{quote} Anybody can call it whatever they want. The stark truth is that there are people (institutions) that have more ammo in terms of deep equity running into billions, software, and high level inside information. They are the ones who move price largely. We just hang onto their tails like nuisance flies.
Do your homework, follow the footprints of smart money
  • #522,150
  • May 21, 2020 2:14pm May 21, 2020 2:14pm
I could not hold back. I bought it as they teach at courses. Buy by day candles on a pinbar with RR 3: 1 and you'll be rich
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Attached Image
  • #522,151
  • May 21, 2020 2:14pm May 21, 2020 2:14pm
Quoting Jeremy1998
{quote} Where are the bears hiding mate
The same place the bull's hiding..

That's all noise no real moves just b's moves .
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #522,152
  • May 21, 2020 2:19pm May 21, 2020 2:19pm
Anyway monthly look's very bearish as for now.
I still hold my sells looking for the dropping maybe with all this zigzags and noise it will take some time .

Till than .

Gn.
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #522,153
  • May 21, 2020 2:21pm May 21, 2020 2:21pm
Quoting ozalid
I could not hold back. I bought it as they teach at courses. Buy by day candles on a pinbar with RR 3: 1 and you'll be rich {image} {image}
Auoch how can i sleep now...
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #522,154
  • May 21, 2020 2:26pm May 21, 2020 2:26pm
Quoting Almo2312
{quote} The same place the bull's hiding.. That's all noise no real moves just b's moves .
yes Almo, moves to trapping traders..
make or braek
I am expecting a massive upmove
only my view
  • #522,155
  • May 21, 2020 2:42pm May 21, 2020 2:42pm
Quoting hocius
{quote} I Hope you're ok mate
bla bla bla
Attached Image
  • #522,156
  • May 21, 2020 2:42pm May 21, 2020 2:42pm
All economic news from business sectors are not looking good. I think Powell will release more stimulus funding for assistance. This could push usd up.....,
Lost....
  • #522,157
  • May 21, 2020 2:43pm May 21, 2020 2:43pm
Quoting Jeremy1998
{quote} Where are the bears hiding mate
the crooks are accumulating orders
Attached Image (click to enlarge)
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yes yes yes
  • #522,158
  • May 21, 2020 2:44pm May 21, 2020 2:44pm
Updating views on GU:
Wave 4 is confirmed and GU has started wave 5 which it will fold in 5 mini waves. We got already 2 minis. Next move is down to 1.211x, then up to 1.216x and down to 1.180x.
Attached Image (click to enlarge)
Click to Enlarge Name: GU.png Size: 100 KB
  • #522,159
  • May 21, 2020 3:00pm May 21, 2020 3:00pm
Quoting ozalid
I could not hold back. I bought it as they teach at courses. Buy by day candles on a pinbar with RR 3: 1 and you'll be rich {image} {image}
...or sell in May and go away...
Always trade your own plan...I don't provide trading signals.
  • #522,160
  • May 21, 2020 3:02pm May 21, 2020 3:02pm
Quoting Fadhl
Updating views on GU: Wave 4 is confirmed and GU has started wave 5 which it will fold in 5 mini waves. We got already 2 minis. Next move is down to 1.211x, then up to 1.216x and down to 1.180x. {image}
we are on the same page...
Always trade your own plan...I don't provide trading signals.
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