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Cable Update (GBPUSD)

  • #539,261
  • Jul 29, 2020 2:45pm Jul 29, 2020 2:45pm
I for one will be VERY happy when the Bears take over. Not because I want to sell, which I do, but just so everyone can all be on the same page.
Don't compare your trades to others. Most often the masses are the asses
  • #539,262
  • Jul 29, 2020 2:47pm Jul 29, 2020 2:47pm
Quoting knkie
gotta love that we have free speech

I don't know man. This is a model example of where a dictatorship might be of some advantage.
Don't compare your trades to others. Most often the masses are the asses
  • #539,263
  • Jul 29, 2020 2:48pm Jul 29, 2020 2:48pm
Quoting LeongPuiy
{quote} This lvl is the decision {image}
yes i call that the Hold level 2956
if you look at 2980 you will see an Expanding Triangle developing which is what i mean by "running up thru the frames"
in wondering about yourself, you forgot what you came here to be part of
  • #539,264
  • Jul 29, 2020 2:51pm Jul 29, 2020 2:51pm
Quoting Coreg2004
{quote} Neil0163, thank you for the invitation I will pass for now. I am very comfortable with my method and will stick with it. I don't want to brag about my TA skills I prefer that my posts speak for it. Good luck with your trading. {quote} {quote} {quote} {quote}{image} I invite you to shahab8b thread...Weekly COT analysis+Trade Ideas...we post there play by play charts with pending trades.
Past it mate
  • #539,265
  • Jul 29, 2020 2:52pm Jul 29, 2020 2:52pm
Quoting OBsayMkMoney
{quote} I don't know man. This is a model example of where a dictatorship might be of some advantage.
fair rules of engagement are fine.
But id hate to see one person just deciding whats is allowed to be said.

i do agree someone should be monitoring.
in wondering about yourself, you forgot what you came here to be part of
  • #539,266
  • Jul 29, 2020 2:54pm Jul 29, 2020 2:54pm
Here is my detailed daily technical analysis chart summary for today
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  • #539,267
  • Jul 29, 2020 3:33pm Jul 29, 2020 3:33pm
Quoting mastersplint
1.29500 looking for buys. Should see nice movement with news
What did I say guys =). With spread was pretty much to the pip
"Anger clouds the mind. Turned inward, it is an unconquerable enemy."
  • #539,268
  • Jul 29, 2020 3:39pm Jul 29, 2020 3:39pm
Quoting OBsayMkMoney
I for one will be VERY happy when the Bears take over. Not because I want to sell, which I do, but just so everyone can all be on the same page.
If only that could happen.. Unfortunately, when the trend changing to down, 95% of retail traders will start buying when ever theres a 5 minute bullish candle. The washing machine cycle will be opposite to what its been during this bullish run.. but the same effects to retail traders
  • #539,269
  • Jul 29, 2020 3:51pm Jul 29, 2020 3:51pm
Quoting Roszey
Keep talking... {image}
MONEY MONEY MONEY
  • #539,270
  • Jul 29, 2020 4:14pm Jul 29, 2020 4:14pm
Quoting joesherwood
{quote} MONEY MONEY MONEY

Who is calling me?!?
Maadik Hugiis. IQ 69.
  • #539,271
  • Jul 29, 2020 4:21pm Jul 29, 2020 4:21pm
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stick to your rules
  • #539,272
  • Jul 29, 2020 4:36pm Jul 29, 2020 4:36pm
Quoting pipfarm
This thread is hilarious , so many traders still trying to pick tops and short into a correction, in all my years of trading i can not understand the fascination with trying to pick tops when it is so much more profitable just to go with the flow. Adapt guys and girls or go broke
If they did not do it there would be no liquidity, liquidating positions, Stops taken out and /or accounts going broke more likely margined out positions on those new Eu controlled margin accounts
  • #539,273
  • Jul 29, 2020 4:42pm Jul 29, 2020 4:42pm
Quoting MoneyZilla
{quote} Who is calling me?!?
You made my day
Le$$ I$ More
  • #539,274
  • Jul 29, 2020 5:04pm Jul 29, 2020 5:04pm
Not much of a reaction to 1.3 BRN.
Perhaps a little dip before bulls continue.
Compulsions can be hard to resist
  • #539,275
  • Edited 5:44pm Jul 29, 2020 5:18pm | Edited 5:44pm
Patience is the name of the game.
GU rejected 1.3000 but when price reverses almost always will get a retest, but if we get a bullish engulfing candle or a series of candles closing above 1.3000, selling will be invalidated.
  • #539,276
  • Jul 29, 2020 6:04pm Jul 29, 2020 6:04pm
Quoting Moty
stopped out . in again at weekly R2 1.29900 {image} {image}
trying to catch top and bottom, i consider it as a risky trading style. It sometimes can be profitable but mostly you will miss the trend (the bigger movement).

“Do not anticipate and move without market confirmation - being a little late in your trade is your insurance that you are right or wrong.”
Jesse Livermore

Meaning: A great tip for traders who use analysis. You need to wait and confirm that a trend is emerging before making a trade. That way you can be sure your trading strategy will work.
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  • #539,277
  • Jul 29, 2020 6:29pm Jul 29, 2020 6:29pm
i adjusted my stop right up to just below 1.2948.. if it drops below that out of the buy with over 350 pips profit.
But im not taking a new sell trade right away, see how things develop
  • #539,278
  • Jul 29, 2020 7:19pm Jul 29, 2020 7:19pm
Quoting mkvy
i adjusted my stop right up to just below 1.2948.. if it drops below that out of the buy with over 350 pips profit. But im not taking a new sell trade right away, see how things develop
  • #539,279
  • Jul 29, 2020 7:53pm Jul 29, 2020 7:53pm
gj moving up through supply, gu 1.30 today, lets see more methinks. 136.5-136.62 gonna be tested once or twice probably before burst, but who knows. maybe even down to 136.08-136.15 for one last pitstop.
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  • #539,280
  • Jul 29, 2020 8:08pm Jul 29, 2020 8:08pm
Quoting Neil0163
Ooops One clown shorts and another one likes it chuckle brothers. like I say I’ll call you all out. spare me the rubbish of you’ve closed and took profit. scroll back you’ll see my post saying I’m long bias and why and that was 11 am this morning Uk time. {image}
Hello again "Banker"...I must say you have a very loose relationship with honesty and integrity...I am sure that after one month of the encounter with me you will be done with the "fake news"Did you read my message "Banker"?...We take our trade based on volatility index ATR, looking for countertrade between 80-100% of daily ATR(14)
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Here is my chart posted in shahab8b thread
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Trades taken on 15-30M TF have targets of 30-60 pips.
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Please don't rely on "Bankers" "honesty", come and read the whole conversation about short term targets, parameters of risk and so for...
Until next time "Banker"
Always trade your own plan...I don't provide trading signals.
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