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Cable Update (GBPUSD)

  • #592,501
  • May 1, 2021 11:29am May 1, 2021 11:29am
I See 1. 46. Who is with me or am I in Fools paradise?
  • #592,502
  • May 1, 2021 11:32am May 1, 2021 11:32am
For me only....

I am always aware of my position as a retail trader, part of what is called herd.

To me it is impossible for me to predict what institutional traders will do or what do smart money want.

So I just try to take crumbs from the market about 10 pips, 20 pips sometimes 50 pips a day.

I never guess or predict the market. I just endeavored so hard to see an opportunity to take those crumbs.

so far I have survived since 2004
I am disciplined my self with my target at 10, 20 pips per day.

if i get 50, thank God.
but with only 10 or 20 pips a day ..its wonderful for me.
Trade with prediction = witch with her visions lol
  • #592,503
  • May 1, 2021 11:46am May 1, 2021 11:46am
Quoting Nd10
I See 1. 46. Who is with me or am I in Fools paradise?
Nooo 1.36 is more likely! We might see 1.39 -13980 area but there was too much resistance above 13950. Also this week we mayoral elections in London I can’t see Tory winning that. Also SNP have a big lead in the Scottish elections. All those factors considering we could see Jay’s 132 area
Insane in the Brain..
  • #592,504
  • May 1, 2021 11:47am May 1, 2021 11:47am
Quoting Bones
The fed is a force for the elite.They are an integral arm of the government of whoever is in power .This is a flaw that was thought about well in advance of today. They are breaking the federal reserve act by a clear mile & the constitution in this regard is toilet paper. Seems to me people get more excited if you talk about lowering gun ownership than dealing with sticking to the original rules on how a central bank works. A government can overspend without consulting anyone or raising any tax is clearly the most un democratic thing I could think...

Bro i have no idea what your on about..but fantastic to see u in here. My brother
  • #592,505
  • May 1, 2021 11:48am May 1, 2021 11:48am
Quoting KiwiTrada
{quote} Cad wise choice, I was thinking you got in early, cad is dangerous to hold over weekend unless got plenty of room in down trend, been 11 months solid sell off, cad is always most powerful in bear mode, "BUT" bull mode is more constant and steady, I believe she has potential to print a bottom presently 1 22535 - 1 2000, weekly candle is break of psych 1 25000 yesterday may have printed a doji (need 2 or 3 candles to confirm) this is medium - long term outlook, a big rally next week has potential for monthly rally :-o ????
Agree maybe it can react from 1.2253 1.2248 area i dont gibe him chance below 1.22
  • #592,506
  • Edited 12:53pm May 1, 2021 12:02pm | Edited 12:53pm
Quoting nAVIN2007
{quote} Bro i have no idea what your on about..but fantastic to see u in here. My brother
You have no idea how happy I am to see your return Nav ,you only need tech we know that
Im saying the FED is the problem here not the answer .
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #592,507
  • May 1, 2021 12:11pm May 1, 2021 12:11pm
Quoting Bones
{quote} You have no idea how happy I am to see your return Nav ,you only need tech we know that Im saying the FED is the problem here not the answer .
bro can you private message me about end of day chart stuff we used to see/use, I forgot the company lol. I always wanted to return to this, what brought me here is my friend. He started trading but has not idea, and constantly losing money and I thought id try and help him, I figured I might as well trade before I completely forget everything. Seems you guys have gone next level..its so lovely to see you guys still trading and basically alive

Thanks bro
  • #592,508
  • May 1, 2021 12:11pm May 1, 2021 12:11pm
Quoting dimitricss
I never guess or predict the market.
I see a lot of people saying this recently. Whether you're aiming for 2 or 200 pips, in essence, you're still predicting, regardless of the method you're using.....plain and simple.
  • #592,509
  • May 1, 2021 12:30pm May 1, 2021 12:30pm
Volume Chart...Bears are strong
Have a nice weekend Cable People
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  • #592,510
  • May 1, 2021 12:40pm May 1, 2021 12:40pm
Quoting nAVIN2007
{quote} bro can you private message me about end of day chart stuff we used to see/use, I forgot the company lol. I always wanted to return to this, what brought me here is my friend. He started trading but has not idea, and constantly losing money and I thought id try and help him, I figured I might as well trade before I completely forget everything. Seems you guys have gone next level..its so lovely to see you guys still trading and basically alive Thanks bro
Hey Nav Im not sure what it is
I don't pay for data ,but also don't use MT4
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #592,511
  • May 1, 2021 12:49pm May 1, 2021 12:49pm
Quoting Bones
{quote} Hey Nav Im not sure what it is I don't pay for data ,but also don't use MT4

We used to use forex lite for LFX chart and End of day charts, i used one year charts lol (that stuff)
  • #592,512
  • May 1, 2021 1:02pm May 1, 2021 1:02pm
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yes yes yes
  • #592,513
  • May 1, 2021 1:07pm May 1, 2021 1:07pm
Quoting nAVIN2007
Hi can anyone point me towards a indicator for candle closes on MT5?..I just got back to trading after around 4-5 years..I forgot where the indicator is and how to place it in MT4 lol

Hi Nav.... long time no see ... glad to see u back
not euphoria follower
  • #592,514
  • May 1, 2021 1:34pm May 1, 2021 1:34pm
Quoting iqyu5an
{quote} Hi Nav.... long time no see ... glad to see u back
how are u bro? good to see you
  • #592,515
  • May 1, 2021 2:53pm May 1, 2021 2:53pm
May be wrong but i have waited for this. Hoping to key in on Monday
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  • #592,516
  • May 1, 2021 7:27pm May 1, 2021 7:27pm
Quoting Nd10
May be wrong but i have waited for this. Hoping to key in on Monday{image}
There is chance of it. I just watching the chart and 1 H tf is conpleting bigger bull flag. Im aware of these impulse. Invalidation if the price manage to close the bull flag
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #592,517
  • May 2, 2021 1:00am May 2, 2021 1:00am
Quoting Kaysole
{quote} I see a lot of people saying this recently. Whether you're aiming for 2 or 200 pips, in essence, you're still predicting, regardless of the method you're using.....plain and simple.
I trade both long and short at the same time so in essence I am predicting the price will move both up and down (scalping 1 to 3 pips) , however I think what dimitricss is trying to say is that he/she doesn't try to guess which way the market will move in a particular direction at a particular time, if I'm wrong please advise
  • #592,518
  • May 2, 2021 1:26am May 2, 2021 1:26am
Quoting dimitricss
For me only.... I am always aware of my position as a retail trader, part of what is called herd. To me it is impossible for me to predict what institutional traders will do or what do smart money want. So I just try to take crumbs from the market about 10 pips, 20 pips sometimes 50 pips a day. I never guess or predict the market. I just endeavored so hard to see an opportunity to take those crumbs. so far I have survived since 2004 I am disciplined my self with my target at 10, 20 pips per day. if i get 50, thank God. but with only 10 or 20 pips...
I see u were right most of the time in past dsys. U wrote one day that u don't put SL so how u react if price does not go in desired direction? I did not put any SL either but last big bull move changed my attitude and now i will always put SL, thanks!
  • #592,519
  • May 2, 2021 2:23am May 2, 2021 2:23am
Quoting Waveskierrob
{quote} I trade both long and short at the same time so in essence I am predicting the price will move both up and down (scalping 1 to 3 pips) , however I think what dimitricss is trying to say is that he/she doesn't try to guess which way the market will move in a particular direction at a particular time, if I'm wrong please advise
The moment you hit the buy/sell button, you're merely guessing. True, there might be setups which have higher probabilities than others, but it's still not a certainty nor fact. If you're not guessing, you're simply not trading.
  • #592,520
  • May 2, 2021 3:53am May 2, 2021 3:53am
Quoting Kaysole
{quote} The moment you hit the buy/sell button, you're merely guessing. True, there might be setups which have higher probabilities than others, but it's still not a certainty nor fact. If you're not guessing, you're simply not trading.
So because I trade both ways at the same price (so not guessing which way the price will move ) you're saying I'm not trading, so what would you call what I am doing ?, thanks in advance
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