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Cable Update (GBPUSD)

  • #559,201
  • Nov 17, 2020 3:16am Nov 17, 2020 3:16am
Quoting Barnell
{quote} ...Again, he refused. Straight-up told that mule he isn't trading, he is gambling and praying. Told him to forget about being a full-time trader, he will only go bust and his family will be on the streets. Even after saving his ass, I was ignored/blocked. I know his Cable sells are at 1.3080 and his AU sells are at 0.7235, so...
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Why there's this kind of people who can't separate trading and gambling? What a shame.
  • #559,202
  • Nov 17, 2020 3:18am Nov 17, 2020 3:18am
Quoting gatenio
{quote} right, {image} ok, i will make my adjusment according to your best practice, what i should do now? start the count from 0
I think we're looking at the end of W2 since W5 was at 1.3307.
If I see an hourly close above 1.3268, then an extension goes up to 1.3307. Anything above that is toast.
I placed my stops at 1.3250 and will wait what PA will do if it gets there.
Lost....
  • #559,203
  • Nov 17, 2020 3:19am Nov 17, 2020 3:19am
Quoting IPMan
{quote} https://media.giphy.com/media/ToMjGp...qPUQ/giphy.gif Why there's this kind of people who can't separate trading and gambling? What a shame.
That is not my biggest problem with him. What makes me really sad is that although I literally saved his ass and made him money, just because I told him he isn't going to make it as a trader (at least not yet), I got ignored and blocked. Lol.

Guy literally is an ingrate with a glass heart.
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I will tear the world apart for you.
  • #559,204
  • Nov 17, 2020 3:19am Nov 17, 2020 3:19am
Quoting gatenio
{quote} right, {image} ok, i will make my adjusment according to your best practice, what i should do now? start the count from 0
This shit stops me from ever using EW again. Focusing on highs and lows are better.
  • #559,205
  • Nov 17, 2020 3:21am Nov 17, 2020 3:21am
Quoting IPMan
{quote} This shit stops me from ever using EW again. Focusing on highs and lows are better.
It works for some, doesn't work for others.
And the world goes 'round and 'round......
Lost....
  • #559,206
  • Nov 17, 2020 3:22am Nov 17, 2020 3:22am
Quoting Barnell
{quote} That is not my biggest problem with him. What makes me really sad is that although I literally saved his ass and made him money, just because I told him he isn't going to make it as a trader (at least not yet), I got ignored and blocked. Lol. Guy literally is an ingrate with a glass heart. {image}
I'm really sorry to hear that. May he realize his own sins. GBU
  • #559,207
  • Nov 17, 2020 3:23am Nov 17, 2020 3:23am
Quoting IPMan
{quote} I'm really sorry to hear that. May he realize his own sins. GBU
Don't worry, I will be dropping him a message on Telegram soon..

I intend to mock him for his losses. Yes, poor taste, but hey, I am no saint plus he deserves it.
I will tear the world apart for you.
  • #559,208
  • Nov 17, 2020 3:36am Nov 17, 2020 3:36am
Quoting IPMan
{quote} This shit stops me from ever using EW again. Focusing on highs and lows are better.
man, this is not an exact science.
If I have to stop learning a new strategy to try and improve my mistakes because one of the strategies burned my account I probably do not know how to use the strategy well enough and did not use Stop Loss when I needed to.

nothing is guaranteed, I prefer not to underestimate any strategy and also try to understand the methodology behind it
  • #559,209
  • Nov 17, 2020 3:39am Nov 17, 2020 3:39am
The people who see GU as a good buy above 3200 are the same people who saw it as a good sell below 2700...
Everyone can see the chart, but only a few can actually read it.
  • #559,210
  • Nov 17, 2020 3:42am Nov 17, 2020 3:42am
every one here is in LONG ? I take short position now ;-)
  • #559,211
  • Nov 17, 2020 3:42am Nov 17, 2020 3:42am
Quoting OnlineAddict
The people who see GU as a good buy above 3200 are the same people who saw it as a good sell below 2700...
I agree with you, except it sounds very bitter coming from you, since you have been calling for short the entire weekend and week..

Plus, those who bought at 1.32 are 30 pips in profit while those who sold below 1.27 are 530 pips out...

PS: I did not buy at 1.32.
I will tear the world apart for you.
  • #559,212
  • Nov 17, 2020 3:44am Nov 17, 2020 3:44am
Quoting Barnell
{quote} I agree with you, except it sounds very bitter coming from you, since you have been calling for short the entire weekend and week.. Plus, those who bought at 1.32 are 30 pips in profit while those who sold below 1.27 are 530 pips out... PS: I did not buy at 1.32.
I did buy @ 1.32 and closed with 15 pips profit, entered again @ 1.3220 and is currently 8 pips in profit
so yeah buying @ 1.32 is not a bad idea
  • #559,213
  • Nov 17, 2020 3:45am Nov 17, 2020 3:45am
Quoting Barnell
{quote} I agree with you, except it sounds very bitter coming from you, since you have been calling for short the entire weekend and week.. Plus, those who bought at 1.32 are 30 pips in profit while those who sold below 1.27 are 530 pips out... PS: I did not buy at 1.32.
I have been calling shorts for longer than that...even below 2700 I said it will go back above 3170 for new shorts...and possibly towards 3240-3340. At the same time I was making money on longs while waiting for those numbers. Now I will be making money on shorts until my new numbers are reached...I don't care if its weeks or months...easy money.

EDIT: Why do I even bother explaining myself...I will just watch this thread for entertainment purposes from now on, and keep my trading to myself.
Everyone can see the chart, but only a few can actually read it.
  • #559,214
  • Nov 17, 2020 3:49am Nov 17, 2020 3:49am
Quoting OnlineAddict
The people who see GU as a good buy above 3200 are the same people who saw it as a good sell below 2700...
As long as you're buying from the right places, it should still be fine i guess. Most recent example was the bounce off DP/1.3200 good for 15-20pips just TP around R1.
  • #559,215
  • Nov 17, 2020 3:53am Nov 17, 2020 3:53am
Quoting OnlineAddict
{quote} I have been calling shorts for longer than that...even below 2700 I said it will go back above 3170 for new shorts...and possibly towards 3240-3340. At the same time I was making money on longs while waiting for those numbers. Now I will be making money on shorts until my new numbers are reached...I don't care if its weeks or months...easy money. EDIT: Why do I even bother explaining myself...I will just watch this thread for entertainment purposes from now on, and keep my trading to myself.
I know you trade well, just pointing it out. Hope no hard feelings. Cheers.
I will tear the world apart for you.
  • #559,216
  • Nov 17, 2020 3:54am Nov 17, 2020 3:54am
Quoting OnlineAddict
{quote} I have been calling shorts for longer than that...even below 2700 I said it will go back above 3170 for new shorts...and possibly towards 3240-3340. At the same time I was making money on longs while waiting for those numbers. Now I will be making money on shorts until my new numbers are reached...I don't care if its weeks or months...easy money. EDIT: Why do I even bother explaining myself...I will just watch this thread for entertainment purposes from now on, and keep my trading to myself.
You look at 200/300 pips or more mate, as me

People in here could buy at 3500 for 10 pips and let you think they made enough money for the year

Enjoy the thread
COT: The precious data ignored
  • #559,217
  • Nov 17, 2020 3:57am Nov 17, 2020 3:57am
Quoting kuroro001
{quote} You look at 200/300 pips or more mate, as me People in here could buy at 3500 for 10 pips and let you think they made enough money for the year Enjoy the thread
im looking for 10, if i enter with 5 lot i think i made with my 10 a yearly profit of 0.1 trader
  • #559,218
  • Nov 17, 2020 4:06am Nov 17, 2020 4:06am
Quoting kuroro001
{quote} You look at 200/300 pips or more mate, as me People in here could buy at 3500 for 10 pips and let you think they made enough money for the year Enjoy the thread
Yea if we're talking about swing trading for 200-300 pips then 1.3200 is definitely not the place to buy.
  • #559,219
  • Nov 17, 2020 4:26am Nov 17, 2020 4:26am
any reason for this spike?
  • #559,220
  • Nov 17, 2020 4:27am Nov 17, 2020 4:27am
Why this spike?
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