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Cable Update (GBPUSD)

  • #540,081
  • Aug 2, 2020 12:26pm Aug 2, 2020 12:26pm
Quoting mkvy
{quote} Yes, but i get to make a trade that can last 10 days+ and i can do other things like watering the garden, running around forests naked on LSD or cooking cup cakes during NFP
I don't sit in front of the computer all day, although it does happen sometimes.
  • #540,082
  • Aug 2, 2020 12:33pm Aug 2, 2020 12:33pm
It’s going to 2400 that’s my last post until then
  • #540,083
  • Aug 2, 2020 12:52pm Aug 2, 2020 12:52pm
Quoting Bones
ok George what's the significance of the date ,explain it properly earlier you gave % probability of outcomes but no explanation even when directly asked, put up your full analysis ,can't be hypocritical asking that {quote}
Bones, I didn't say this to be slaughtered by anyone and im not obliged to answer this question when I see undertone of destructive criticism.
Data + Stat + Risk/Emotions Management
  • #540,084
  • Aug 2, 2020 12:55pm Aug 2, 2020 12:55pm
Quoting elbert3
It’s going to 2400 that’s my last post until then
I see this too Elbert but I think the most attainable area is 1.2750 area. I also know that this price will still look for 1.34 level between September/November, which I had forecasted since May 15 when price traded at 1.2105.

I will like to have a private chat room and will like to specially invite you to the chat room as I find you a very respectful person and say things the way they appear. I value this thread and will not say one bad thing about this thread. Sometimes, one will have to take a step back to move two steps forward.
Data + Stat + Risk/Emotions Management
  • #540,085
  • Aug 2, 2020 1:01pm Aug 2, 2020 1:01pm
Quoting kelvinftg
{quote} Why this date? Did you just set this day because it is the 2nd week of the month? As an ultimatum to give up on the bearish view? It just doesn't make sense in trading unless you came from the future and know about an event that we don't.
I didn't set this date to console myself due to my sell positions from 1.25-1.28 levels, I said this objectively after thorough check of the chart and some fundamentals. I maybe wrong as clearly seen in July but can't change too much because of one failed month.

I will pm you on what parameters I declared this level and with such date.
Data + Stat + Risk/Emotions Management
  • #540,086
  • Edited 2:17pm Aug 2, 2020 2:01pm | Edited 2:17pm
ok you say destructive ,I say fair warning
It doesn't surprise me you say it's negative posting by me even though I was deadly right, even in June your playing with fire. You were lucky to get out of those June losing trades before, in that month.
The reason you come under fire on another angle {not by me} about the calls, is the confidence level in those calls.Thats what's so scary about something that must be flawed to its core.
I have witnessed the cardinal sin of constant moving ceilings and parameters while adding too the idea over those parameters and not having any stop like you know for a fact you don't need one. Now we have a date in the future for no stated reason.
The observation is = while sort of admitting a mistake you don't and won't ever accept this will never be reliable system on its own. You're about to carry on but you might look a little silly posting it.

Here's you're parameters beginning of month which have changed many times.



Quoting Georginson
{quote} Bones, I didn't say this to be slaughtered by anyone and im not obliged to answer this question when I see undertone of destructive criticism.
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #540,087
  • Aug 2, 2020 2:06pm Aug 2, 2020 2:06pm
Quoting Bones
ok you say destructive ,I say fair warning It doesn't surprise me you say it's negative posting by me even though I was deadly right, even in June your playing with fire. You were lucky to get out of those June losing trades before, in that month. The reason you come under fire on another angle {not by me} about the calls is the confidence level in those calls.Thats what's so scary about something that must be flawed to its core. I have witnessed the cardinal sin of constant moving ceilings and parameters while adding too the idea over those parameters...
I can point out many calls I have made right and like I said Im not answerable to you Bones.... Not now not ever. One bad month doesn't make me a horrible trader and for the records I haven't lost actually. Stick to your post and get off my post completely.
Data + Stat + Risk/Emotions Management
  • #540,088
  • Aug 2, 2020 2:18pm Aug 2, 2020 2:18pm
Quoting Bones
ok you say destructive ,I say fair warning It doesn't surprise me you say it's negative posting by me even though I was deadly right, even in June your playing with fire. You were lucky to get out of those June losing trades before, in that month. The reason you come under fire on another angle {not by me} about the calls, is the confidence level in those calls.Thats what's so scary about something that must be flawed to its core. I have witnessed the cardinal sin of constant moving ceilings and parameters while adding too the idea over those parameters...
Attached Image (click to enlarge)
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Data + Stat + Risk/Emotions Management
  • #540,089
  • Aug 2, 2020 2:41pm Aug 2, 2020 2:41pm
Quoting Georginson
{quote} {image}
What? explain the point ,I was there and I don't understand the post
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #540,090
  • Aug 2, 2020 2:50pm Aug 2, 2020 2:50pm
Quoting Bones
{quote} What? explain the point ,I was there and I don't understand the post
Bones please don't waste your energy on that braggart. Empty barrels make the most noise.
Le$$ I$ More
  • #540,091
  • Aug 2, 2020 2:50pm Aug 2, 2020 2:50pm
Quoting elbert3
{quote} Go back to this date . And this guy Bones will remember he got caught up in a trader buy the name of HDA . He was saying it’s going this way !!! Marvin was following his trades and eventually lost his account about £8k I think .. when he lost his account the trade started going his way .. so even them days nothing changes .
Oh man, HDA, I remember him! Many years ago...I remember when pound started dropping from 7200 or so...first 6800, HDA was buying and telling everyone to buy...6500...he was buying more and more confident than ever...eventually, since pound never recovered from that drop and kept dropping...the guy dissapeared. And he acted like he was trading millions and had some kind of insider information. Good times!
Everyone can see the chart, but only a few can actually read it.
  • #540,092
  • Aug 2, 2020 2:52pm Aug 2, 2020 2:52pm
Quoting Bones
ok you say destructive ,I say fair warning It doesn't surprise me you say it's negative posting by me even though I was deadly right, even in June your playing with fire. You were lucky to get out of those June losing trades before, in that month. The reason you come under fire on another angle {not by me} about the calls, is the confidence level in those calls.Thats what's so scary about something that must be flawed to its core. I have witnessed the cardinal sin of constant moving ceilings and parameters while adding too the idea over those parameters...

Bones are you still on this matter? bone it bro
MY OPINION NOT FINANCIAL ADVISE
  • #540,093
  • Aug 2, 2020 2:53pm Aug 2, 2020 2:53pm
I only joined this year..i missed so much fun
  • #540,094
  • Aug 2, 2020 2:53pm Aug 2, 2020 2:53pm
Quoting Georginson
{quote} {image}

weiting u go get for this naaa my guy...u aint moving the market but rather to predict wrong or right its ur margin ...e never do ?
MY OPINION NOT FINANCIAL ADVISE
  • #540,095
  • Aug 2, 2020 2:55pm Aug 2, 2020 2:55pm
Quoting donfriday
{quote} weiting u go get for this naaa my guy...u aint moving the market but rather to predict wrong or right its ur margin ...e never do ?
Tell him my brother.. he is your countryman. he thinks he owes the market.
Le$$ I$ More
  • #540,096
  • Aug 2, 2020 3:01pm Aug 2, 2020 3:01pm
Quoting Roszey
{quote} Tell him my brother.. he is your countryman. he thinks he owes the market.

Im a Ghanaian i dont have time for long talk..been here for decade nothing is new to me anymore so why dragging issue over PA..if u win or lose its none of my business ...he just need to stop and Bones is not helping this matter too.
MY OPINION NOT FINANCIAL ADVISE
  • #540,097
  • Aug 2, 2020 3:07pm Aug 2, 2020 3:07pm
HDA was a classic example ,he told the thread he was an institutional swing trader who could see orders that us retail could not .He was swing trading cable up when the monthly was really bearish, if it went further he was glad that gave him more opportunity .The thread really believed it.

Navin who I assume Elbert was talking about with Marvin, did not lose his account following HDA, but was caught by Alpari going bust.
It was the GBP CHF massive move down out the blue, which caused that, by removing the peg to the eur from memory.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #540,098
  • Aug 2, 2020 3:13pm Aug 2, 2020 3:13pm
Quoting Roszey
Waste... Just wait let me deal with my chickens first and I will expose your sorry ass... piece of dirt bag. {image}

do you care who ignores you? i dont at all...all i need is my green pips
MY OPINION NOT FINANCIAL ADVISE
  • #540,099
  • Aug 2, 2020 3:37pm Aug 2, 2020 3:37pm
Quoting donfriday
{quote} do you care who ignores you? i dont at all...all i need is my green pips
that guy is a fraud... regret meeting him.
Le$$ I$ More
  • #540,100
  • Edited 5:24pm Aug 2, 2020 3:57pm | Edited 5:24pm
I will await a significant bearish reaction on the GBPUSD market this week. Here's why, from the technical perspective of a swing trader. The bearish pinbar printed last week Friday, at a significant horizontal resistance area, the 1.30847/1.31770 zone, is potentially an indication of increased bearish pressure in the GBPUSD market. Furthermore, recent price action on the H4 time frame is within a rising channel (magenta). Last week Friday, it was sideways in the early part of the day and then entered a bullish mode to test the 1.31770 area before it retraced with a relatively bigger bearish candlestick which broke down the previous sideways. A bearish follow-through closed the last H4-session on Friday. Apparently, bears showed an increased influence in the market and may push for further bearish move this week. However, it will take a significant bearish breakdown of the rising channel (magenta) before we can have confidence in a southward turnaround.


I may be wrong. Trade safe and prosper.

KP

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