Do your homework, follow the footprints of smart money
Cable Update (GBPUSD)
- #565,982
- Dec 16, 2020 7:27am Dec 16, 2020 7:27am
- | Joined Aug 2006 | Status: Terrapin Pipper | 1,186 Posts
Nice Trade,
Were, "I" had 'not been fooling around confident, even "Myself",
"MWA", Me, that there was more of a shoe to drop,
on that "GAP", -and at least a 61.8% to be filled off that Wave-1,
on the 4 hr. Yesterday, my entry should have been MUCH, MUCH better.
But see, that's what happens when our brains are programmed ourselves,
for thinking what "We Know" SHOULD happen, and the Market fools us.
-Worse Yet, when we're "CARNI-Barking" "SHORT, SHORT" & the Market,
is GLARINGLY, in an Uptrend, because we feel we need to 'gamble'.
And 'have to CLARIFY, this is not to the Short Scalpers or those that play possibly
bigger Trends. -But i Still think you Short A'Top Wave Sets, etc. Not at the Bottom of one.
My Entry was poor, but 'still saw the Ball Game, & the Turn Around Directions on the Map.
Then i Finally when i got off my Duff. 101 Pip's "I'm Out";
Sure... There's more possibly in the Tank here gang.
Happy Pipping,
Jeff
P.S. I "Hurriedly" Pulled this Fib, -NoT at all Correct as a Rule, but i do see,
Even within Wave-3 set's alot of 23.6/38.2 Pullbacks @the MOST, During
Such a STRONG WAVE. Again, Happy Pipping, Jeff out
!
Were, "I" had 'not been fooling around confident, even "Myself",
"MWA", Me, that there was more of a shoe to drop,
on that "GAP", -and at least a 61.8% to be filled off that Wave-1,
on the 4 hr. Yesterday, my entry should have been MUCH, MUCH better.
But see, that's what happens when our brains are programmed ourselves,
for thinking what "We Know" SHOULD happen, and the Market fools us.
-Worse Yet, when we're "CARNI-Barking" "SHORT, SHORT" & the Market,
is GLARINGLY, in an Uptrend, because we feel we need to 'gamble'.
And 'have to CLARIFY, this is not to the Short Scalpers or those that play possibly
bigger Trends. -But i Still think you Short A'Top Wave Sets, etc. Not at the Bottom of one.
My Entry was poor, but 'still saw the Ball Game, & the Turn Around Directions on the Map.
Then i Finally when i got off my Duff. 101 Pip's "I'm Out";
Sure... There's more possibly in the Tank here gang.
Happy Pipping,
Jeff
P.S. I "Hurriedly" Pulled this Fib, -NoT at all Correct as a Rule, but i do see,Even within Wave-3 set's alot of 23.6/38.2 Pullbacks @the MOST, During
Such a STRONG WAVE. Again, Happy Pipping, Jeff out
! I will work to Objectively Identify my Edges
- #565,983
- Dec 16, 2020 7:29am Dec 16, 2020 7:29am
- | Joined Jul 2019 | Status: The WORLD likes patience | 268 Posts
{quote} I suggest you learn advanced TA.. Ofcause regular TA is crap.. If regular worked, we all would be swimming in money
Always Defend your investment 1775
- #565,986
- Dec 16, 2020 7:36am Dec 16, 2020 7:36am
- Joined Dec 2015 | Status: Trader | 8,751 Posts
Do your homework, follow the footprints of smart money
- #565,990
- Dec 16, 2020 7:47am Dec 16, 2020 7:47am
- | Joined Aug 2006 | Status: Terrapin Pipper | 1,186 Posts
Hi traders, Been having a busy day.. (Meetings in and out) Oh well, GU bulls did come through with the spike.. Still under playing ‘Spike Lee’ ? I think I like him best when drunk.. interesting PA so far Keep we’ll everyone
Happy Day brother-
Here's for those still working at 'Bagging' some pip's,
Some 'GooD Year' background music- off of the BEST Movie
possibly ever conceived about life & a little trading thrown in.
(A Good Year).
Enjoy in 'Background... A Good Movie to Watch w/the Mrs.
Inserted Video
I will work to Objectively Identify my Edges
- #565,991
- Dec 16, 2020 7:49am Dec 16, 2020 7:49am
- Joined Dec 2017 | Status: Trader | 30,688 Posts
yes yes yes
- #565,992
- Dec 16, 2020 7:51am Dec 16, 2020 7:51am
{quote} I agree, advanced TA is an art, but only smart money rules the market, advanced TA helps to understand how smart money thinks, how they divide money to get into market, but this happens not so often, and that is why I prefer the ABILITY TO SEE
art
- #566,000
- Dec 16, 2020 8:13am Dec 16, 2020 8:13am
- Joined May 2016 | Status: Clueless | 6,896 Posts
{quote} We got our "Pippage" Jay... Happy Day brother- Here's for those still working at 'Bagging' some pip's, Some 'GooD Year' background music- off of the BEST Movie possibly ever conceived about life & a little trading thrown in. (A Good Year). Enjoy in 'Background... A Good Movie to Watch w/the Mrs.
Oh yes we secured the Pipbag
for the day.. We probably getting more of some levels .. I think we still have your 1.36 for the day..
For 1.37, I will like to see a lower price and I know just when to hunt for it.. I just need some time to cool off..
Ny day is been hectic due to couple of meetings.
Glory Glory
.. I will have to see if the Mrs will like this kind of music ..
Cheers bud
SS