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Cable Update (GBPUSD)

  • #545,021
  • Aug 28, 2020 2:19am Aug 28, 2020 2:19am
dx is at 92.500 again
Attached Image(s) (click to enlarge)
Click to Enlarge Name: dx1.png Size: 41 KB
Click to Enlarge Name: gu1.png Size: 45 KB
yes yes yes
  • #545,022
  • Aug 28, 2020 2:19am Aug 28, 2020 2:19am
Quoting pipcenturion
Sell GBPUSD at the current price 1.32802 There was a big sell differential in the just concluded hour. {image}

You are absolutely right. The chart definitely looks like a sell to me either.
Maadik Hugiis. IQ 69.
  • #545,023
  • Aug 28, 2020 2:19am Aug 28, 2020 2:19am
Quoting OnlineAddict
{quote} No, I speak from experience and have a very good memory. This thread was full of people who were holding shorts on EU at 800 or GU at 2000...where are those people now? I have been in the game for 10+ years...I have seen all these characters here and it always repeats itself. Now if we drop, the same people who were holding shorts 1000 pips ago...will be holding longs. I don't care if it goes up or down, but holding trades long term on the current market is stupid, simple as that. If I can make 1000 pips on a 100 pip move, why would I hold...
Nothing is stupid mate.. Your knowledge is just limited.. accept it and Let it sink in..

You can’t grow by thinking you know it all.. I learn everyday because I long realized that my knowledge is limited..

SS
  • #545,024
  • Aug 28, 2020 2:21am Aug 28, 2020 2:21am
Quoting MoneyZilla
{quote} When we do a sell order, the LPs are actually opening a buy order at their side. The more sells there are, the higher the price goes, naturally. As when something is bought, it does not become cheaper. It becomes rather more expensive... When the majority starts buying, the price will start falling down and the current situation on this forum and elsewhere, will became mirrored... And the same talks will repeat. Over and over and over again...
I couldn’t agree more.. The more sellers, the more MM raise the bar.. The sense is right in between

SS
  • #545,025
  • Aug 28, 2020 2:22am Aug 28, 2020 2:22am
Quoting akim0895
{quote} ha ha.. let me be the stupid trader mate.. because green pips keep coming..
I guess that make the two of us..
The stupidest traders alive
  • #545,026
  • Aug 28, 2020 2:24am Aug 28, 2020 2:24am
Quoting OnlineAddict
{quote} No, I speak from experience and have a very good memory. This thread was full of people who were holding shorts on EU at 800 or GU at 2000...where are those people now? I have been in the game for 10+ years...I have seen all these characters here and it always repeats itself. Now if we drop, the same people who were holding shorts 1000 pips ago...will be holding longs. I don't care if it goes up or down, but holding trades long term on the current market is stupid, simple as that. If I can make 1000 pips on a 100 pip move, why would I hold...
Trading long term is simply safer less risky because Monthly resistance/support gives you way bigger pips than hourly ones, as lower time frame is the more risky it becomes..
And surely nobody sane gonna for example short GU 1.35 to Tp 10-20pips hoping it repeats the level 5 more times!!!
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #545,027
  • Aug 28, 2020 2:28am Aug 28, 2020 2:28am
Quoting OnlineAddict
{quote} Even if I was supper bullish, I wouldn't be HOLDING longs, just like I am not holding shorts while being bearish! Thats the stupidest thing a trader can do, to hold a trade for I don't know how long(and most winners turn into loss, anyway, its just a matter of time). Open trade = zero profit. Its a waste of time and money to leave open trades, when one can make 10 times the amount on the same move by re-entering.

I don't know why so many people laugh at your posts...
Most of time your positions are to early (this is my problem too), but thinking is good and moves of the market too.

$ is bearish but it won't be all the time. When GU, EU get to resistance sell it, take 20-30 pips or more and close it. Long term i'm with JayBag targeting 1.35-37 but daily and h4 entries to go long have been around 1.31 not now. Yes, you can look for it in lower TF.


Look back and check most of OnlineAddict posts, most of time he is right. Well done

In the end monthly return is the only thing that matters. One is making 10% monthly holding longs and the other one 15-20% buying and selling.

Cash and collect - am i right akim0895?
you can't stop the waves, but you can learn to surf
  • #545,028
  • Aug 28, 2020 2:31am Aug 28, 2020 2:31am
Attached Image (click to enlarge)
Click to Enlarge Name: eu.png Size: 35 KB
yes yes yes
  • #545,029
  • Aug 28, 2020 2:32am Aug 28, 2020 2:32am
Quoting ChiForex
{quote} Trading long term is simply safer less risky because Monthly resistance/support gives you way bigger pips than hourly ones, as lower time frame is the more risky it becomes.. And surely nobody sane gonna for example short GU 1.35 to Tp 10-20pips hoping it repeats the level 5 more times!!!
yeahh mate..
that why we need diversify our trading style..
be a scalper,intraday or swinger trader..
scalper..
catch small green for fun or coffee and out..
intraday..
help to grow our account
swinger..
same like our saving for future..
all this 3 kind of trading style we combine them all..so how many can we made from market???
just for a cup of coffee...
  • #545,030
  • Aug 28, 2020 2:33am Aug 28, 2020 2:33am
Quoting forda
{quote} I don't know why so many people laugh at your posts... Most of time your positions are to early (this is my problem too), but thinking is good and moves of the market too. $ is bearish but it won't be all the time. When GU, EU get to resistance sell it, take 20-30 pips or more and close it. Long term i'm with JayBag targeting 1.35-37 but daily and h4 entries to go long have been around 1.31 not now. Yes, you can look for it in lower TF. Look back and check most of OnlineAddict posts,...
Until yesterday he also had his trade explorer available on here, and the results were impeccable.
I have no clue where it's going
  • #545,031
  • Aug 28, 2020 2:35am Aug 28, 2020 2:35am
Quoting forda
{quote} I don't know why so many people laugh at your posts... Most of time your positions are to early (this is my problem too), but thinking is good and moves of the market too. $ is bearish but it won't be all the time. When GU, EU get to resistance sell it, take 20-30 pips or more and close it. Long term i'm with JayBag targeting 1.35-37 but daily and h4 entries to go long have been around 1.31 not now. Yes, you can look for it in lower TF. Look back and check most of OnlineAddict posts,...
i have no problem with him..
only he lack of respect to others..
that why i post about it..
you follow all his posting..
so read what from yesterday his post..
just for a cup of coffee...
  • #545,032
  • Aug 28, 2020 2:46am Aug 28, 2020 2:46am
Quoting forda
{quote} In the end monthly return is the only thing that matters. One is making 10% monthly holding longs and the other one 15-20% buying and selling. Cash and collect - am i right akim0895?

We should not argue on PROFITABLE TRADING STYLES. You are absolutely right.
Maadik Hugiis. IQ 69.
  • #545,033
  • Aug 28, 2020 2:49am Aug 28, 2020 2:49am
Quoting akim0895
{quote} i have no problem with him.. only he lack of respect to others.. that why i post about it.. you follow all his posting.. so read what from yesterday his post..
No, i let most of posts go... I'm intrested in charts and numbers.
Just want to show that charts are going up and down and we all can take advantage of it

But i remember all that mems like: "Onlineaddictus when 1.35?" - so soon
I admire your skill - no offense
you can't stop the waves, but you can learn to surf
  • #545,034
  • Aug 28, 2020 2:52am Aug 28, 2020 2:52am
I will try a sell. Target back to the Tokyo low
Emotional Control. Process, not outcome.
  • #545,035
  • Aug 28, 2020 2:54am Aug 28, 2020 2:54am
Quoting JayBag
{quote} Chief troll, can you please visit your nearest pharmacy for a chill pill?
I went there, they told me keep buying pound and keep trading against georgie $$
Make money by doing the opposite of Giveachance aka loser
  • #545,036
  • Aug 28, 2020 2:57am Aug 28, 2020 2:57am
You don't try to catch a falling knife , but ya'll trying to stop a taking off plane?
Patience and Discipline.
  • #545,037
  • Aug 28, 2020 3:01am Aug 28, 2020 3:01am
Quoting Stefan90csk
You don't try to catch a falling knife , but ya'll trying to stop a taking off plane?
Knowing fully well the pilot is drunk
  • #545,038
  • Edited 3:20am Aug 28, 2020 3:02am | Edited 3:20am
Risky short in at 1.3268 target 1.3251

+9 pips

If this does not take these highs out will look for short again
Don't trade what you think. Just what you see!!!
  • #545,039
  • Aug 28, 2020 3:04am Aug 28, 2020 3:04am
Quoting JayBag
{quote} Knowing fully well the pilot is drunk
Exactly!
Patience and Discipline.
  • #545,040
  • Aug 28, 2020 3:13am Aug 28, 2020 3:13am
Short @ 1.3253

lets try it ( ultra risky )
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