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Cable Update (GBPUSD)

  • #557,481
  • Nov 6, 2020 2:30am Nov 6, 2020 2:30am
Quoting Wavegarrick
{quote} Miti, I am surprised by your statmement Bud. Is there something you know that I don't??? Cheers.
Quoting Mitiblotch
{quote} I'm sending you an inbox mail now. Explain a few things to you. For your eyes alone.
Sent!
  • #557,482
  • Nov 6, 2020 2:32am Nov 6, 2020 2:32am
Quoting Headland
{quote} 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...

I get why yo think my argument is confused & illogical, and I can respect that.

I know where my edge lies.

And I know what train of thought led me to my edge : know your enemy , THE biggest principle of war - Sun Tzu

Yes , you are right, retail should stop obsessing that the boogieman is out to get them, and focus on finding their edge, that is where their focus should be

As long as we all make bank at the end of the day.

BUT

Would be nice to know most of the moves.....and when.....
  • #557,483
  • Nov 6, 2020 2:34am Nov 6, 2020 2:34am
Quoting Mitiblotch
{quote} 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...
I agree. Something's gonna break and expose this whole thing. We might see this pair skyrocket as a result of this banana-republic-type election.
Waiting.......
Lost....
  • #557,484
  • Nov 6, 2020 2:41am Nov 6, 2020 2:41am
Quoting trumps
{quote} 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...

Yes I do for sure

They will spend all the time they need at a price range, to slowly build up , before thye move the price

See it like this :
Take a Saturday morning village market. Here the locals will buy and sell between each other, but the market stays at the same spot every day. A whale might come in undercover, and have a big 40ton truck parked around the corner, and he will slowly thru his agents manipulate the different prices at the different stalls to buy at the best price he can, ( the dollar cost average price between all the aquisitions), by spreading rumours, create exitement, whatever.

then the moment his truck is loaded up, he will make this whole caboodle move to the next village.

this is a very simple explanation, don't call me out on technicalities.

Principle of war : distraction
Make u think im attacking left, by raisng hell there, focus ur attention there, then surprise u on the right with the real attack

yeah, its all not common accepted talk in FX, maybe im the wrong one here....lol
  • #557,485
  • Nov 6, 2020 2:44am Nov 6, 2020 2:44am
Quoting BitcoinBoff
...T Would be nice to know most of the moves.....and when.....
Lol...wouldn't it just !

As a retail trader our relationship with the market is akin to that of a surfer to the ocean. The ocean is big, powerful, and crazy dangerous at times but it means no harm to him. It is him that goes to it - it doesn't even know he exists and certainly his entry into it goes unnoticed by it and does not affect it. It is up to him to wait until first and foremost the least dangerous time to enter it, to achieve his objective of riding that perfect wave..
Trader with an Edge.
  • #557,486
  • Nov 6, 2020 2:45am Nov 6, 2020 2:45am
Quoting Mitiblotch
{quote} 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...
If there is something wrong I really hope it comes out
Twitter: Rummer_grapes
  • #557,487
  • Nov 6, 2020 2:45am Nov 6, 2020 2:45am
In this mad rush. Keep ur money safe when the dust settles . Still not decided
  • #557,488
  • Nov 6, 2020 2:47am Nov 6, 2020 2:47am
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.
The only way it can happen is having a coup d'etat.
Only an idiot knows with certainty to where the market is going.
  • #557,489
  • Nov 6, 2020 2:51am Nov 6, 2020 2:51am
Draw channel 1.31120 if ur bull as sl
  • #557,490
  • Nov 6, 2020 2:52am Nov 6, 2020 2:52am
Seems to be trading in a nervous range right now. My gut feeling is if it drops to 3100 it will bounce higher although not sure if 3170 will be the limit of the bounce though.
Insane in the Brain..
  • #557,491
  • Nov 6, 2020 2:57am Nov 6, 2020 2:57am
I like trump but still then i just screwd up with advisory . When my kids are growing up apprenticeship i made them to watch
  • #557,492
  • Nov 6, 2020 2:59am Nov 6, 2020 2:59am
from www.forexlive.com
Attached Image (click to enlarge)
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Trader with an Edge.
  • #557,493
  • Nov 6, 2020 3:00am Nov 6, 2020 3:00am
I think I will invest in the dollar, today or next week
  • #557,494
  • Nov 6, 2020 3:01am Nov 6, 2020 3:01am
Quoting Mitiblotch
{quote} I'm sending you an inbox mail now. Explain a few things to you. For your eyes alone.
Kindly do well to send me the message too.

I really am interested in this.

Thanks!
  • #557,495
  • Nov 6, 2020 3:02am Nov 6, 2020 3:02am
Quoting Headland
from www.forexlive.com {image}

YESSS !!!!

Dumbo must GO !!!!
  • #557,496
  • Nov 6, 2020 3:03am Nov 6, 2020 3:03am
Quoting gespiri
{quote} I agree. Something's gonna break and expose this whole thing. We might see this pair skyrocket as a result of this banana-republic-type election. Waiting.......
I look at it at a common sense point of view. I can't say I like Trump or Obama personally since I haven't broke bread with them (and probably won't), nor received a phone call about my life). This is why I'm not emotional about the elections nor the markets.

Many, and I mean MANY politicians in the US (and in many countries) are multimillionaires. Many of them are/were career politicians. Almost ALL became millionaires when they went into politics. The smart ones "retired" or decided not to run for re-elections.

Trump made his BILLIONS in business. Like him or hate him, that's a fact. Whatever happened (divorces, bankruptcies, etc), he has billions more that us here.

The people behind these politicians stand to lose TRILLIONS if Trump stays. Think trade, wars, corruption, lobbyists, etc.

Therefore, many of these parasites are doing everything they can to make sure he doesn't stay. This is their last call before the curtains close on them.

IMHO of course.
Lost....
  • #557,497
  • Nov 6, 2020 3:11am Nov 6, 2020 3:11am
Who's in?
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You can do it!
  • #557,498
  • Nov 6, 2020 3:12am Nov 6, 2020 3:12am
Are we taking off after chop chop chop
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Watch me trade Live on YouTube
  • #557,499
  • Nov 6, 2020 3:13am Nov 6, 2020 3:13am
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...
Quoting trumps
{quote} 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...
What the fuck did I just read?
  • #557,500
  • Nov 6, 2020 3:18am Nov 6, 2020 3:18am
You can and visit my channel cross over time frame is only m 5 / that little profit /loss
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