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Cable Update (GBPUSD)

  • #540,661
  • Aug 4, 2020 12:52pm Aug 4, 2020 12:52pm
Quoting OBsayMkMoney
I have never seen people who hate something so much... Stick around. It is akin to walking into a room.. smelling a fart... complaining loudly that it smells.. then sitting down.
I know, we have to put up with this crap every day. Everyone needs to be aware of his SPAM Charts (17 so far today)and poor trading techniques.
Anyway, the day is complete, a fresh start tomorrow. Im looking forward to it
  • #540,662
  • Aug 4, 2020 12:53pm Aug 4, 2020 12:53pm
Quoting mkvy
{quote} Nope i will be here every day for him, making a daily disaster report with attached charts
it happens.

When the price rises continuously for 11 days, every retail trader feels, the end is here... yeah high reached like that.

The trend does not change immediately.

For the trend to change, the price has to fall below the daily open line, then it is bearish daily candle.

The reversal happens mostly in NY session.

So until such time, one has to trade in the direction of trend.

see for example today
Intraday only.
  • #540,663
  • Aug 4, 2020 12:56pm Aug 4, 2020 12:56pm
calling for a new hourly low
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 30 KB
yes yes yes
  • #540,664
  • Aug 4, 2020 12:57pm Aug 4, 2020 12:57pm
Quoting HBN08
{quote} Im starting to gettin nervous before i post a chart

I know right? Kind of like watching the American president's Twitter feed and hoping he doesn't say your name. WE ARE NOT FAKE NEWS HBN08!! lol
Don't compare your trades to others. Most often the masses are the asses
  • #540,665
  • Aug 4, 2020 12:58pm Aug 4, 2020 12:58pm
Quoting navk
{quote} it happens. When the price rises continuously for 11 days, every retail trader feels, the end is here... yeah high reached like that. The trend does not change immediately. For the trend to change, the price has to fall below the daily open line, then it is bearish daily candle. The reversal happens mostly in NY session. So until such time, one has to trade in the direction of trend. see for example today
...

Yeah, its one of those days after a big trend Push up
Im still convinced the price will fall. until it breaks the very top peak
  • #540,666
  • Aug 4, 2020 12:59pm Aug 4, 2020 12:59pm
Quoting navk
{quote} it happens. When the price rises continuously for 11 days, every retail trader feels, the end is here... yeah high reached like that. The trend does not change immediately. For the trend to change, the price has to fall below the daily open line, then it is bearish daily candle. The reversal happens mostly in NY session. So until such time, one has to trade in the direction of trend. see for example today
hai Nayk,
i dont understand what you meaning by : "the price has to fall below the daily open line" , can you be kind explain to me ? please and thanks
  • #540,667
  • Aug 4, 2020 1:00pm Aug 4, 2020 1:00pm
Quoting mkvy
{quote} I know, we have to put up with this crap every day. Everyone needs to be aware of his SPAM Charts (17 so far today)and poor trading techniques. Anyway, the day is complete, a fresh start tomorrow. Im looking forward to it
Not really. I mean I am new to this group and was able to discern what information to listen to. As for putting up with it.. no skin off my back. But.. to each their own. i tend to not get all riled up over things that have little to do with me personally.
Don't compare your trades to others. Most often the masses are the asses
  • #540,668
  • Aug 4, 2020 1:00pm Aug 4, 2020 1:00pm
Quoting Moty
{image}
18th Chart of the day.. Yipee! No one believes you now except me, its going down down down
  • #540,669
  • Aug 4, 2020 1:00pm Aug 4, 2020 1:00pm
Quoting OBsayMkMoney
{quote} I know right? Kind of like watching the American president's Twitter feed and hoping he doesn't say your name. WE ARE NOT FAKE NEWS HBN08!! lol
what is that even supossed to mean?
Are you in the drama to? Lol
Or my english is so bad at the moment that im messing up what u said?
  • #540,670
  • Aug 4, 2020 1:02pm Aug 4, 2020 1:02pm
Quoting Georginson
{quote} Obviously.... Wow

... Obviously? Interesting choice
Don't compare your trades to others. Most often the masses are the asses
  • #540,671
  • Aug 4, 2020 1:02pm Aug 4, 2020 1:02pm
Quoting Notme3232
{quote} hai Nayk, i dont understand what you meaning by : "the price has to fall below the daily open line" , can you be kind explain to me ? please and thanks
the white line is daily open line.

on 31 st july Upto london session the price was rising and then in NY session, the price fell below daily open line.

Next day is huge bearish candle.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 38 KB
Intraday only.
  • #540,672
  • Aug 4, 2020 1:02pm Aug 4, 2020 1:02pm
Quoting Wavegarrick
{quote} Hi Guys, Perhaps the most basic of all indications and overlooked, is daily candle progress, especially for intraday traders. Unlike Eu, Gu is currently showing daily lower highs and lower lows and unless this sequence changes from higher lows to higher highs we remain short. Have a great day Cheers. {image}

Respect to your opinion but by the same logic the hourly is making higher highs and higher lows so should we remain long? what you propose is a simple concept , unfortunately its not how the markets work


Respect
Follow The Markets Structure - Patience and Discipline
  • #540,673
  • Aug 4, 2020 1:03pm Aug 4, 2020 1:03pm
Quoting HBN08
{quote} what is that even supossed to mean? Are you in the drama to? Lol Or my english is so bad at the moment that im messing up what u said?
No drama my brother. Just saying the attacks and name calling remind me of another person on Twitter.
Don't compare your trades to others. Most often the masses are the asses
  • #540,674
  • Aug 4, 2020 1:05pm Aug 4, 2020 1:05pm
Quoting navk
{quote} the white line is daily open line. on 31 st july Upto london session the price was rising and then in NY session, the price fell below daily open line. Next day is huge bearish candle. {image}
thanks Navk

i will learn your chart
  • #540,675
  • Aug 4, 2020 1:05pm Aug 4, 2020 1:05pm
Quoting Moty
{image}

Moty.. Please EXPLAIN your charts! WHY do you think it will do what you predict? What levels are/were hit? Or are you trading purely off of the indicator?
Don't compare your trades to others. Most often the masses are the asses
  • #540,676
  • Aug 4, 2020 1:07pm Aug 4, 2020 1:07pm
Quoting navk
{quote} the white line is daily open line. on 31 st july Upto london session the price was rising and then in NY session, the price fell below daily open line. Next day is huge bearish candle. {image}
I see you now using open price... Interesting. Well, that's all I use to play in the market.
Le$$ I$ More
  • #540,677
  • Aug 4, 2020 1:08pm Aug 4, 2020 1:08pm
Quoting HBN08
{quote} Im starting to gettin nervous before i post a chart
Imagine we all just post 18-19 charts with different indi and co along with a tag 'The Drop Is Coming' ... (Please read that again)

No one is saying you must be correct every time you post an idea.. Just don't spam us with an idea you have posted for let's say 20 times

I won't be surprised if we get a couple of charts before end of day for the road.

SS
  • #540,678
  • Aug 4, 2020 1:09pm Aug 4, 2020 1:09pm
Long 3050. expecting small drawdown.
Don't compare your trades to others. Most often the masses are the asses
  • #540,679
  • Aug 4, 2020 1:09pm Aug 4, 2020 1:09pm
Quoting OBsayMkMoney
{quote} No drama my brother. Just saying the attacks and name calling remind me of another person on Twitter.
Oh sorry..as i thought my english is so bad at the moment..sorry for awsering you that way brother
  • #540,680
  • Aug 4, 2020 1:11pm Aug 4, 2020 1:11pm
Quoting Moty
calling for a new hourly low{image}

Price has yet to hit the top bar of your indicator. Meaning you are currently at 0 and need to be at +5 for an accurate sell signal. IMO
Don't compare your trades to others. Most often the masses are the asses
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