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Cable Update (GBPUSD)

  • #557,461
  • Nov 6, 2020 2:04am Nov 6, 2020 2:04am
Seems georiga is kind as per cnn
  • #557,462
  • Nov 6, 2020 2:05am Nov 6, 2020 2:05am
This morning’s signal from IG
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Insane in the Brain..
  • #557,463
  • Nov 6, 2020 2:06am Nov 6, 2020 2:06am
Quoting Mitiblotch
{quote} Hey, GATENIO. Still willing to do the $100 deal with me? Now the polls are in Biden's favour so you should win. Biden has 264 currently. He could even get 300. The man dosnt get to the White House even for half a second. Lol... My position is that Trump gets re-elected.
I'm confused, you said Biden could even get 300, then how come your position still Trump gets re-elected. How come?
Only an idiot knows with certainty to where the market is going.
  • #557,464
  • Nov 6, 2020 2:06am Nov 6, 2020 2:06am
Quoting Wavegarrick
{quote} Miti, I am surprised by your statmement Bud. Is there something you know that I don't??? Cheers.
I'm sending you an inbox mail now. Explain a few things to you. For your eyes alone.
  • #557,465
  • Nov 6, 2020 2:06am Nov 6, 2020 2:06am
Quoting pipfarm
Could be another buy op here on 15 minute old resistance became support 3135, price made its correction , although the correction looks shallow but still a three wave ,then a break of the old resistance that became support and now turns to resistance confirms the long close above 3135 for the long , but i do not think i will take this as the correction looks too shallow {image}

Sometimes there is a retest , so possibly back to 3135 , after the retest and back up creates the trend
Follow The Markets Structure - Patience and Discipline
  • #557,466
  • Nov 6, 2020 2:06am Nov 6, 2020 2:06am
Quoting pipfarm
{quote} And what about yesterday the majority were short and price went up, sorry pal your talking nonsense , retail does not drive the market full stop and retails are usualy wrong, that does not mean go against retail, we should always follow what price is showing us and make our own decision.
The majority of gamblers yes
Observer effect
  • #557,467
  • Nov 6, 2020 2:08am Nov 6, 2020 2:08am
Quoting MrBullBear
{quote} I'm confused, you said Biden could even get 300, then how come your position still Trump gets re-elected. How come?
Good you are thubking bro. Just relax. When it is all said and done we can discuss it here. Just watch what unfolds.Trumpy is intentionally looking cold and stupid. Lol... but we will talk about this all here later.
  • #557,468
  • Nov 6, 2020 2:08am Nov 6, 2020 2:08am
Quoting greengp
Seems georiga is kind as per cnn
If biden wins georgia then election is over, trump is currently leading by 200+ votes and only few thousands votes are left to count
  • #557,469
  • Nov 6, 2020 2:10am Nov 6, 2020 2:10am
Changed my path to long sl 1.31415/ 1.31912 but dangerous game
  • #557,470
  • Nov 6, 2020 2:12am Nov 6, 2020 2:12am
Quoting pipfarm
{quote} And what about yesterday the majority were short and price went up, sorry pal your talking nonsense , retail does not drive the market full stop and retails are usualy wrong, that does not mean go against retail, we should always follow what price is showing us and make our own decision.

No. You wrong!

Trader Ge?
Trader Ga?
Trader Mo?
Trade me?

We all short! That is why we are s!

Long way for you to become also...

Now, learn and listen to s... and majority!
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Majority is BIG. Bigger is better!

Press NOW!
Maadik Hugiis. IQ 69.
  • #557,471
  • Nov 6, 2020 2:13am Nov 6, 2020 2:13am
Quoting Mitiblotch
{quote} Good you are thubking bro. Just relax. When it is all said and done we can discuss it here. Just watch what unfolds.Trumpy is intentionally looking cold and stupid. Lol... but we will talk about this all here later.
Interesting.
Only an idiot knows with certainty to where the market is going.
  • #557,472
  • Edited 3:00am Nov 6, 2020 2:14am | Edited 3:00am
Quoting fxmasterdxb
{quote} If biden wins georgia then election is over, trump is currently leading by 200+ votes and only few thousands votes are left to count

Dumbo Trumpo has the REAL world players behind him, IF they still want him in power

Gona be a sad day for humanity's future if he keeps the seat, which I believe is the big plan in any case.

If Biden gets it, which will be good, it will just postpone the inevitable for a while, but at least hopefully rest of my natural life can be lived in more peace than violence...hehe!
  • #557,473
  • Nov 6, 2020 2:14am Nov 6, 2020 2:14am
Quoting BitcoinBoff
... Now in our FX world, if you are one of the few with the keys to the vault, are you going to share how you do it, or keep it a very close secret, not spilling the beans, and creating the biggest smoke & mirrors game on the planet...???
Your argument is incoherent, confused and illogical. Re Your point above, any profitable trading edge is 'intellectual property' and has a value as an asset. Of course it will not be shared free gratis, it gives a firm it's competitive edge, and if everyone were trading it - there would be no buyers to sell to, and no sellers to buy from, so the edge would disappear.. Any OTC ('over the counter) non central exchange market such as the FX Interbank market is opaque, it's just a consequence of the way such a market works. If you were trading on CME - Globex currency futures you would find more transparency such as true volume and depth of market/Level 2 etc...

Retail traders would be far better off stopping obsessing with the why, and concentrating on the how to find an edge - accepting and given the market they wish to trade.
Trader with an Edge.
  • #557,474
  • Nov 6, 2020 2:17am Nov 6, 2020 2:17am
A retest could be a good long opp if not already in.
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Compulsions can be hard to resist
  • #557,475
  • Nov 6, 2020 2:22am Nov 6, 2020 2:22am
Quoting Mitiblotch
{quote} I'm sending you an inbox mail now. Explain a few things to you. For your eyes alone.
You seem so stone wall sure about the election outcome. I can't absolutely disbelieve you as there are many untold things that have happened in the past that seem unthinkable at a point in time and yet happened.

There are very few people that know the inner secret and profit from it at the expense of the majority.

Take these instances

*2008 global financial crisis first started with stocks taking all time high, dollar being beaten severely only for a crash to happen when majority least expect it

*2016 brexit referendum had pound take a quick 1000 pips surge to 1.5015 within 2 weeks as Bremain was mainly anticipated only for Brexit to drive the price to 1.21 initially the. Mini correction to 1.28 before so called flash crash again drag it down to 1.14/1.16 area

*2020 great surge in early March to almost 1.3200 when global lockdown was to start then eventual crash to 1.14 within 2 weeks... I remember stocks were also skyrocketing back then too, they actually prepared everything for a mighty fall.

So many mystery in the financial market and the world we live in, only few get the patterns and prepare ahead.
Data + Stat + Risk/Emotions Management
  • #557,476
  • Nov 6, 2020 2:23am Nov 6, 2020 2:23am
Quoting trumps
A retest could be a good long opp if not already in. {image}
You may be in for a big shock.
Data + Stat + Risk/Emotions Management
  • #557,477
  • Nov 6, 2020 2:24am Nov 6, 2020 2:24am
Quoting Mitiblotch
{quote} AM I allowed to surprise you? Biden isn't sitting in the White House even for a second!
Whatever you think you know, PM me, I am curious, too.
Everyone can see the chart, but only a few can actually read it.
  • #557,478
  • Nov 6, 2020 2:26am Nov 6, 2020 2:26am
Quoting BitcoinBoff
Come on guys, wake up, wipe the sleep out of your eyes, and THINK When will the best time to be for smart money to trap retail ( dumb money), the best and the hardest? If any of you thought the game of forex trading is anything else but smart money taking daily from us, well, then you REALLY need a wake up call If I was smart money, when's the best time? Well, what about make them believe one direction, get them heavily committed in that direction, then reverse hard and fast, surprise the living daylights out of them, and stop them out, pull them...
From what I understand, yes, big players need liquidity to place their orders and make money, and looking at charts over the years, you can see the hand they play.
A recently discussed false bottom structure comes immediately to mind, whereby the market produces what appears to be a floor located 50 or so pips above real support.
A confirmed break below this apparent floor produces a flood of sell orders just as prices reaches the previously determined support level, giving buy orders at this support all the fuel they need.

However, do you really think retail traders provide the level of liquidity needed to satisfy their huge needs?
Compulsions can be hard to resist
  • #557,479
  • Nov 6, 2020 2:27am Nov 6, 2020 2:27am
Quoting Georginson
{quote} You seem so stone wall sure about the election outcome. I can't absolutely disbelieve you as there are many untold things that have happened in the past that seem unthinkable at a point in time and yet happened. There are very few people that know the inner secret and profit from it at the expense of the majority. Take these instances *2008 global financial crisis first started with stocks taking all time high, dollar being beaten severely only for a crash to happen when majority least expect it *2016 brexit referendum had pound take a quick...
If I were a gambler Id have bet $10k on it. The odds are increasing against Trump by the minute. I was laughing with my uncle. The last time we checked odds were like 9/1. Lol... So $10K would fetch me about $100k. But I am not a gambler.

And I wish those so bold for Mr. BIDEN can take up my $100 challenge. I wonder why they aren't responding. Lol... We will discuss it here after everything. And yes, some people happen to know things you wouldn't imagine. And Mr. Trump is even playing on and saying, "oh... election fraud... oh... stealing of votes... oh..." and the media are laughing saying he is clueless and stupid. Yeah... that's the plan.
  • #557,480
  • Nov 6, 2020 2:28am Nov 6, 2020 2:28am
Quoting Georginson
{quote} You may be in for a big shock.
Perhaps, who knows.
Dinner time.
Compulsions can be hard to resist
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