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Cable Update (GBPUSD)

  • #540,041
  • Aug 2, 2020 3:47am Aug 2, 2020 3:47am
Got myself a trade companion this weekend
needed to spend some profits
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  • #540,042
  • Aug 2, 2020 4:07am Aug 2, 2020 4:07am
Sometime a while back I uploaded this video and doing it again.

This guy John "Rambo" Moulton is a trading legend amongst Australian stock market traders and worked on the floor in Chicargo b4 moving to Australia.
At the Sydney futures exchange he could account for 17% of the volume in day trading, so would literally single handedly move the Aussie market.
Stop and think about that, is there an individual who could move the US market without a vast corporation behind them?
Gives great inspiration to traders what ever instrument they trade

Inserted Video
Don't Leave Money on the Table
  • #540,043
  • Aug 2, 2020 4:31am Aug 2, 2020 4:31am
Quoting joesherwood
Got myself a trade companion this weekend needed to spend some profits {image}
What breed of dog? I can't work it out. Looks like a staffy.
Don't trade what you think. Just what you see!!!
  • #540,044
  • Aug 2, 2020 4:44am Aug 2, 2020 4:44am
Quoting Theoak
{quote} What breed of dog? I can't work it out. Looks like a staffy.
French Bulldog
  • #540,045
  • Aug 2, 2020 4:56am Aug 2, 2020 4:56am
Quoting joesherwood
{quote} French Bulldog
Nice one. It was the ears. I just love dogs. They give so much and ask for so little.
Don't trade what you think. Just what you see!!!
  • #540,046
  • Aug 2, 2020 5:37am Aug 2, 2020 5:37am
3127, 3146 to upside.

3077, 3046 to lows.

I want to trade between these levels.

If it corrects to 3127/3146 first, good sell opportunity. ( Most likely scenario, for a fall to 3046. )

If it falls to 3046 first, a good buy opportunity.

all for my trading only.
Intraday only.
  • #540,047
  • Edited 6:17am Aug 2, 2020 6:00am | Edited 6:17am
Hi Trumps thats a candle with no name , I don't think it can take the major tl ,this year ?
the wick dictates uptrend next on that tf
Quoting trumps
{quote} So sad isn't it Working with your chart, I like the zone above. I think we are in for a period of consolidation soon, but it looks to me we are building up to a break of the great TL I rechecked my levels this morning for support. Can't ignore the importance of that lower wick as Bones keeps reminding us. {image} {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #540,048
  • Aug 2, 2020 6:09am Aug 2, 2020 6:09am
we discussed it the time
Quoting trumps
monthly continuation {image} {image}
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #540,049
  • Aug 2, 2020 7:07am Aug 2, 2020 7:07am
...as well as that prev dly/wkly swing hi zone 315-0-3200-3209 that price ran into @ Friday's weekly hi, the monthly below shows the potential res factors there too.
The monthly candle is certainly very bullish in and of itself.
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Trader with an Edge.
  • #540,050
  • Aug 2, 2020 7:09am Aug 2, 2020 7:09am
Quoting Bones
Hi Trumps thats a candle with no name , I don't think it can take the major tl ,this year ? the wick dictates uptrend next on that tf {quote}
I don't know about this year either, who knows.
Candle with no name??

I am looking to buy any dips back to support though.
After then, a closed break of 1317 will look good.

I think it's coming
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Compulsions can be hard to resist
  • #540,051
  • Aug 2, 2020 7:44am Aug 2, 2020 7:44am
I agree with you ,but I would anticipate failure of the major line space but I don't know it.It has a lot of confluence, to break it at that point.
You can't name the monthly candle that made the bottom or better it would be a collection .
Quoting trumps
{quote} I don't know about this year either, who knows. Candle with no name?? I am looking to buy any dips back to support though. After then, a closed break of 1317 will look good. I think it's coming {image} {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #540,052
  • Aug 2, 2020 7:57am Aug 2, 2020 7:57am
i have withdraw from all longs and waiting for sell or 80% break above the TL.

some correction is needed maybe but i will be watching 1.30 and 1.32 for a strong reversal
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MY OPINION NOT FINANCIAL ADVISE
  • #540,053
  • Aug 2, 2020 7:57am Aug 2, 2020 7:57am
The only thing that works in forex is cutting your LOSSES short.

The Sellers at 2550 would be sh**ting in their pants now. Hard lesson learnt. When you are wrong you are wrong. So deal with it
Le$$ I$ More
  • #540,054
  • Aug 2, 2020 8:02am Aug 2, 2020 8:02am
Quoting trumps
{quote} Thanks Bones Please note, my comments about your criticism of Georginson was in the context of my discussion with Neil, and I said I thought your criticism of Georginson was fair. I was not looking to have a go at you, but talking with Neil about the forum treatment of him and why I thought it was happening. Peace
Yeah ... Open to criticism. I will surely have many great moments. I did set August 14 as deadline date for everything. I will be out of this thread after deadline day. I will delay some comments for the right moment.
Data + Stat + Risk/Emotions Management
  • #540,055
  • Aug 2, 2020 8:05am Aug 2, 2020 8:05am
Quoting Georginson
{quote} Yeah ... Open to criticism. I will surely have many great moments. I did set August 14 as deadline date for everything. I will be out of this thread after this day. I will delay some comments for the right moment.
it normal at this business mate..
we accept those mistake and improve for better trading at future..
cheers
just for a cup of coffee...
  • #540,056
  • Aug 2, 2020 8:05am Aug 2, 2020 8:05am
Quoting Bones
I agree with you ,but I would anticipate failure of the major line space but I don't know it.It has a lot of confluence, to break it at that point. You can't name the monthly candle that made the bottom or better it would be a collection . {quote}
Is it a wide bodied spinning top or something?
Would sound like a made up name
Compulsions can be hard to resist
  • #540,057
  • Aug 2, 2020 8:18am Aug 2, 2020 8:18am
It doesn't have a name ,but like I said before, I've never seen anything like it.
If it make's the major zone I will be bearish
Quoting trumps
{quote} Is it a wide bodied spinning top or something? Would sound like a made up name
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #540,058
  • Aug 2, 2020 8:30am Aug 2, 2020 8:30am
Expect great response this August. I do not like posting account history and open positions but I will definitely post it before leaving by the deadline date.
Data + Stat + Risk/Emotions Management
  • #540,059
  • Edited 8:54am Aug 2, 2020 8:41am | Edited 8:54am
Waste...

Just wait let me deal with my chickens first and I will expose your sorry ass... piece of dirt bag.
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Le$$ I$ More
  • #540,060
  • Aug 2, 2020 9:01am Aug 2, 2020 9:01am
Quoting Bones
It doesn't have a name ,but like I said before, I've never seen anything like it. If it make's the major zone I will be bearish {quote}
Looks a bit like Jan 2009, but a bigger body
Compulsions can be hard to resist
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