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Cable Update (GBPUSD)

  • #557,501
  • Nov 6, 2020 3:19am Nov 6, 2020 3:19am
I'm out at 1.3080 if it gets there today.....
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Lost....
  • #557,502
  • Nov 6, 2020 3:21am Nov 6, 2020 3:21am
... re-test and rejection of the prev 1hr (double top) /4hr sw hi zone to 3157 produces a bearish follow thru on the bearish engulfing on 1hr....3100 round no. reached at the current daily lo.
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Trader with an Edge.
  • #557,503
  • Nov 6, 2020 3:30am Nov 6, 2020 3:30am
from www.forexlive.com He could end up with georgia, nevada and penn....NC almost certainly to trump
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Trader with an Edge.
  • #557,504
  • Nov 6, 2020 3:33am Nov 6, 2020 3:33am
finally a set up for short today
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the set up
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hold it !!!!!!!!!
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er go up up and away
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yes yes yes
  • #557,505
  • Nov 6, 2020 3:34am Nov 6, 2020 3:34am
Quoting Headland
from www.forexlive.com He could end up with georgia, nevada and penn....NC almost certainly to trump {image}
so far trump leading for 500 votes.

Edit: Biden leading with 917 votes now.

Looks like we are going to see sleepy biden for the next 4y.
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Twitter: Rummer_grapes
  • #557,506
  • Nov 6, 2020 3:39am Nov 6, 2020 3:39am
Switched to long at BE now targeting 3170
Insane in the Brain..
  • #557,507
  • Nov 6, 2020 3:44am Nov 6, 2020 3:44am
Quoting BitcoinBoff
{quote} 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...
I understand and agree with what you say, we are in agreement with the process and practice of market tricks.

My point was though, is RETAIL the real target, as we have such tiny volumes?
Wouldn't they be far more interested in targeting bigger players who provide bigger liquidity volumes.
Compulsions can be hard to resist
  • #557,508
  • Nov 6, 2020 3:45am Nov 6, 2020 3:45am
Quoting IPMan
{quote} {quote} What the fuck did I just read?
?
If you dont understand something you read, try reading it again.
Compulsions can be hard to resist
  • #557,509
  • Nov 6, 2020 3:46am Nov 6, 2020 3:46am
bears story is over for the day?
  • #557,510
  • Nov 6, 2020 3:49am Nov 6, 2020 3:49am
...bounce back up from 3100 on the georgia news ? Could be all over soon barring Trump's shouting and stamping his feet (He knows he has lost - he is just creating a 'stolen election' narrative to save face and in case he wants to run in 4yrs time.)
Trader with an Edge.
  • #557,511
  • Nov 6, 2020 3:58am Nov 6, 2020 3:58am
Quoting Headland
...bounce back up from 3100 on the georgia news ? Could be all over soon barring Trump's shouting and stamping his feet (He knows he has lost - he is just creating a 'stolen election' narrative to save face and in case he wants to run in 4yrs time.)
Why on earth are people in their mid to late 70's running for president?
Compulsions can be hard to resist
  • #557,512
  • Nov 6, 2020 4:01am Nov 6, 2020 4:01am
Quoting trumps
{quote} Why on earth are people in their mid to late 70's running for president?

I know, crazy isn't it ?- I guess it's all about legacy and a last chance to make a mark on the world in the top job even though by most people's standards they were both already over achievers in their respective fields.
Trader with an Edge.
  • #557,513
  • Nov 6, 2020 4:03am Nov 6, 2020 4:03am
Quoting trumps
{quote} Why on earth are people in their mid to late 70's running for president?
They have more wisdom than most of the younger fellers out there?
You can do it!
  • #557,514
  • Nov 6, 2020 4:05am Nov 6, 2020 4:05am
Quoting gatenio
bears story is over for the day?
apart from that drop to around 1310X area i think bears are on a winter holiday
Insane in the Brain..
  • #557,515
  • Nov 6, 2020 4:38am Nov 6, 2020 4:38am
3144 im in long see my previous analysis
Follow The Markets Structure - Patience and Discipline
  • #557,516
  • Nov 6, 2020 4:43am Nov 6, 2020 4:43am

S.O.E.R.


Sell. On. Every. Rise.


S.O.E.R.


We are ! And we are STRONG!


S.O.E.R.

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Maadik Hugiis. IQ 69.
  • #557,517
  • Nov 6, 2020 4:52am Nov 6, 2020 4:52am
Quoting trumps
{quote} I understand and agree with what you say, we are in agreement with the process and practice of market tricks. My point was though, is RETAIL the real target, as we have such tiny volumes? Wouldn't they be far more interested in targeting bigger players who provide bigger liquidity volumes.

' Honour amongst thieves" comes to mind here...hehehe!

Say for example we are a few big guys, behind the scenes running a country, would we steal from each other, or rather agree to milk the small guys systematically over time, like casinos do?

Sureley at times the casinos can have a go at each other...?

Do sharks attack each other ,or first the small stupid prey..?

I do believe there are moves where the big boys have a go at each other, it must be true also

Who is the real target?

I think the guy dumb enough to fall for the narrative that is being pushed at the time, may that be what is being discussed in the trade wars between govts, or as simple and small as a few as ten one minute candles running a few minutes in one direction, just to turned around and in two candles that whole gains being wiped, ALL part of the traps.

Humans are sheep
Try and catch one sheep running wild on its own, not that easy...bundle them up, you can get ONE dog to control the whole herd..!!!!

So, why not millions of sheep, sitting in front of their electronic devices' screens and watch a chart.....herd control in its finest moment.

And NO ONE believes it is possible, why? Because we are human, we look to each other and wana be part of the group, or else we believe we will die, nature at its best.

Trading is just underdstanding human nature, being able to get out the herd, out your own brain, and look IN towards it all from the outside.
  • #557,518
  • Nov 6, 2020 4:59am Nov 6, 2020 4:59am
Quoting MoneyZilla
S.O.E.R. Sell. On. Every. Rise. S.O.E.R. We are ! And we are STRONG! S.O.E.R. {image}
but what if price will reach 1.3200 ??
will you be safe ?
  • #557,519
  • Nov 6, 2020 5:01am Nov 6, 2020 5:01am
Quoting MoneyZilla
S.O.E.R. Sell. On. Every. Rise. S.O.E.R. We are ! And we are STRONG! S.O.E.R. {image}
World's No. 1 Stupid Hobby Trader! Lol.....
But why would you call yourself this?
  • #557,520
  • Nov 6, 2020 5:04am Nov 6, 2020 5:04am
Quoting BitcoinBoff
{quote} ' Honour amongst thieves" comes to mind here...hehehe! Say for example we are a few big guys, behind the scenes running a country, would we steal from each other, or rather agree to milk the small guys systematically over time, like casinos do? Sureley at times the casinos can have a go at each other...? Do sharks attack each other ,or first the small stupid prey..? I do believe there are moves where the big boys have a go at each other, it must be true also Who is the real target? I think the guy dumb enough to fall for the narrative that...
I'm talking about fund managers etc.
I agree, the retail herd get caught up in it and also surrender money to the market, but I don't think it is our piddly orders they are focussing on is what I am saying.
We are just throwing our little pennies into the large, glorious liquidity pool that feeds bank orders.

It's a bit like going fishing for Marlin, and picking up some whiting while you're at it.
Compulsions can be hard to resist
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