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Cable Update (GBPUSD)

  • #527,661
  • Jun 12, 2020 4:04pm Jun 12, 2020 4:04pm
Both EU and GU seemed to trap retail in shorts today. We will continue lower, BUT first the big boys might margin call these current shorts. So I will wait for the highs to re-test, possibly even some fake break above, to trap some bulls again and then down.
Everyone can see the chart, but only a few can actually read it.
  • #527,662
  • Jun 12, 2020 4:06pm Jun 12, 2020 4:06pm
Quoting FXTradings
I dont care what is going here by the way and my trading is far better then this s what you are all showing here.
Of course you don't and of course it is. We don't doubt that.
Everyone can see the chart, but only a few can actually read it.
  • #527,663
  • Jun 12, 2020 4:10pm Jun 12, 2020 4:10pm
Mmm somebody’s not happy . Some thing . !!
  • #527,664
  • Jun 12, 2020 4:11pm Jun 12, 2020 4:11pm
Have a good weekend,
closed my long for 52 pips, goodnight
i love money
  • #527,665
  • Jun 12, 2020 4:40pm Jun 12, 2020 4:40pm
Quoting FXTradings
{quote} on a 500 dollar account 0.35 lot open and this also in GBPUSD. and now he is happy about a win trade, great superman. s i. Guys trading is not fun and joke like the scammers here in forums trying to show. They do this just to make competition to each other and we all know that competition in trading results in losing. And i can not belivie that this guys hoe are doing this s since few years, that this guys are really so s and not understanding and learning anythink. For me it looks like its their job to make people crazy and i just feel...

Take a break, Moty did well on his shorts and longs the last 2 days
Don't say Moty hasn't learnt anything
Moty has improved heaps
You should have seen the way he used to trade, Pick the top and go long, Pick the bottom and go short

We like Moty....
Compulsions can be hard to resist
  • #527,666
  • Jun 12, 2020 4:54pm Jun 12, 2020 4:54pm
Quoting trumps
I think that's it for the tease rally until 1.25 {image} {image}
I think perhaps the bears have found their final resting place
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 29 KB
Attached Image
Compulsions can be hard to resist
  • #527,667
  • Jun 12, 2020 4:59pm Jun 12, 2020 4:59pm
Quoting navk
good 40 pips. {image}
What indicators are you using at the bottom of that image?
Learn from your mistakes and march on.
  • #527,668
  • Jun 12, 2020 5:01pm Jun 12, 2020 5:01pm
ok not dark cloud ,but bearish looking
I think the tl can hold for sure
It never hit the falling red line and thats an important fact,monthly open is key
I go sell to tl see what happens ,thats 12400

I say the worst thing it can do is hit the red tl next and fail again.Could be consolidation within.Overall trapped between those swings
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD-Weekly.png Size: 67 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #527,669
  • Jun 12, 2020 5:05pm Jun 12, 2020 5:05pm
Quoting trumps
{quote} Take a break, Moty did well on his shorts and longs the last 2 days Don't say Moty hasn't learnt anything Moty has improved heaps You should have seen the way he used to trade, Pick the top and go long, Pick the bottom and go short We like Moty....
just ignore him like i do , i don't understand why he Trying so hard, I can't even see what he writes
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yes yes yes
  • #527,670
  • Jun 12, 2020 5:40pm Jun 12, 2020 5:40pm
Quoting trumps
{quote} Take a break, Moty did well on his shorts and longs the last 2 days Don't say Moty hasn't learnt anything Moty has improved heaps You should have seen the way he used to trade, Pick the top and go long, Pick the bottom and go short We like Moty....
Yes, I love the guy too he knows what he is doing,and the kind of trader he is, Keep it up in perfecting your way of trading, a pleasant weekend to all LOVERS OF MOTY
  • #527,671
  • Jun 12, 2020 5:52pm Jun 12, 2020 5:52pm
Quoting FXTradings
{quote} i am not so stupid to post my trades and try to make competition with other traders for nothink. you are blowing accounts here since 2 years and doing always so much efforts to show this stupid trading also to other people. when you have make a win trade you start directly to trade the other direction like a i who never have hear anythink about trends. i can not belivie anybody with normal mind can spent so much time and effort for nothink to show other people how he blow always accounts. and you are not the only i here hoe is doing such...
Well, here you are posting on a forum designed to talk about trading. But you will not post anything about trading because posting about trades is stupid!

So why are you here? Are you bored? Or looking to fight? Or did you just wander into the wrong place?
Ecclesiastes 1:9
  • #527,672
  • Jun 12, 2020 5:57pm Jun 12, 2020 5:57pm
Quoting Moty
{quote} just ignore him like i do , i don't understand why he Trying so hard, I can't even see what he writes{image}{image}{image}
Hi Moty,
No, these are fun posts, it's why I am here.
It's strange he calls you a scammer though.
You show all of your positions live (win/lose/or draw)
You also show your lot sizes.

Scammers don't do this.

Scammers tell us they are institutional traders
Scammers don't expose themselves by showing live positions
Scammers don't show lot sizes.
Scammers are vague in their ideas so they can pretend they were right if the market goes up, and pretend they were right if the market goes down.

This week looks to me like a pullback to support after a powerful bull rally.
My idea is long
off the lower edge of the wedge

If we close next week above 2645 area, then I think the bulls are in it for the long haul.
Attached Image(s) (click to enlarge)
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Compulsions can be hard to resist
  • #527,673
  • Jun 12, 2020 6:02pm Jun 12, 2020 6:02pm
Quoting FXTradings
{quote} o shit just 1 minute ago i have write a comment about his i trading and look what he is doing again opening a long trade in such a strong short trend and this also at friday when the market close in few minutes, hoe st must somebody be to do this for free
And guess who just took profit on his longs
I'll give you a hint, it wasn't you...
Compulsions can be hard to resist
  • #527,674
  • Jun 12, 2020 7:20pm Jun 12, 2020 7:20pm
Inserted Video
instagram: stepbystepforex
  • #527,675
  • Jun 12, 2020 7:27pm Jun 12, 2020 7:27pm
Just sell sell sell
not euphoria follower
  • #527,676
  • Jun 12, 2020 7:34pm Jun 12, 2020 7:34pm
Quoting elbert3
Mmm somebody’s not happy . Some thing . !!

GD All....
good to see you back in this thread again sir elbert3

Moty please polish your hammer for next weekend
row row row your boat
  • #527,677
  • Jun 13, 2020 2:35am Jun 13, 2020 2:35am
Quoting ngiler
{quote} GD All.... good to see you back in this thread again sir elbert3 Moty please polish your hammer for next weekend
Thanks we had a death in the family hence not posting
  • #527,678
  • Jun 13, 2020 2:53am Jun 13, 2020 2:53am
here is how i lost a 230 pips profit and just broke even.
at Thursday night i took automatic long at weekly pivot .
got in a little lose , go to sleep and woke up yesterday exactly when price
got to my entry price , and just then spiked down at Frankfort open
and made me switched to short just before breaking last candle low believing it will break last hourly low ,
but then the crook's candle stopped 1 or 2 pips from the last low ,
and the London open candle spiked up 80 pips from there , causing me to lose
80 pips lose instead of earning them .
from there it was a great drop , but only for break even the day profit .
Attached Image (click to enlarge)
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yes yes yes
  • #527,679
  • Jun 13, 2020 4:57am Jun 13, 2020 4:57am
Quoting Moty
here is how i lost a 230 pips profit and just broke even. at Thursday night i took automatic long at weekly pivot . got in a little lose , go to sleep and woke up yesterday exactly when price got to my entry price , and just then spiked down at Frankfort open and made me switched to short just before breaking last candle low believing it will break last hourly low , but then the crook's candle stopped 1 or 2 pips from the last low , and the London open candle spiked up 80 pips from there , causing me to lose 80 pips lose instead of earning them...
Hello Moty, just wondering how your pivot points are calculated? Using IG I have the option of (H+L+C)/3 Or (H+L+O)/3, which seem to place in relatively similar positions. The other option is (H+L+C+O)/4, which seems to highlight quite different areas for the pivot compared to the previous two, however for me this seems like the most logical one to go with. Most likely wrong about that though. Anyone else that uses pivots feel free to chime in with an answer.
  • #527,680
  • Jun 13, 2020 4:59am Jun 13, 2020 4:59am
Quoting FXTradings
{quote} . I dont care what is going here by the way and my trading is far better then this s what you are all showing here. You can all s m d
Look below

Quoting FXTradings
GBPUSD looking good for a long this week.
Quoting FXTradings
{quote} Why short, it already have fall enough
It went down the whole week right when you said that, but you are better than all of us
COT: The precious data ignored
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