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Cable Update (GBPUSD)

  • #602,581
  • Jun 15, 2021 9:41am Jun 15, 2021 9:41am
It is becoming more and more apparent why they say summer months are bad for trading Forex.
Learn from your mistakes and march on.
  • #602,582
  • Jun 15, 2021 9:42am Jun 15, 2021 9:42am
Quoting maheeee
{image}{image}
Lol
Learn from your mistakes and march on.
  • #602,583
  • Jun 15, 2021 9:44am Jun 15, 2021 9:44am
Quoting gatenio
Every trader: “false break”, “trap”, “crooks” No trader in the world: “i made a mistake”, “my TL not good enough”, “what i thought is support probably does not exist”
Well, false breaks and traps do occur. But that doesn't make your point invalid.
Learn from your mistakes and march on.
  • #602,584
  • Jun 15, 2021 9:46am Jun 15, 2021 9:46am
Quoting Hutch
{quote} ... like an old lady
I am currently using your renko strategy on GBPUSD. Unfortunately, GBPUSD is in extreme turtle mode.
Learn from your mistakes and march on.
  • #602,585
  • Jun 15, 2021 9:50am Jun 15, 2021 9:50am
Quoting Bones
{quote} It's not about if they raise rates or not ? what's striking in your analysis is you ignore the intervention coming from the FED like everything's normal as your book Thats why that book is only good for wedging a door open. They won't be raising rates tomorrow (95% probability bones view) in fact they hold short term interest rates down to 0% at a cost of at least $120 billion a month. It's going to be all in the language they use, fact is they do have a problem ,just when are they going to admit it. {image}
Well if they won't raise the rates like you said, then it means i will win again with %95 probability. So thank you for confirming me

I mean isn't it normal, that's FED and it's their money. They intervene when they want to. I don't care if they are right or wrong since my only goal is making money. We have cryptos if you don't like any intervention. I invest in them too, you can try them, they are good against inflation.

Remember the last time you told me CPI was good? GU went down 100 pips and you were happy. What happened after that though? GU took out all the short orders and made new higher highs. I proved my point and you lost. Same thing happened with GDP. Can you deny any of these? Market proved who was right Mr. Bones.

So there's no point in trying to take digs at me and my book. I am okay with people who disagrees with me but i can see the "patronizing" tone in your post. That's why my attitude is harsh towards you right now. I am okay with disagreements, but you underestimate my analysis even though you got beaten by it every time.

BTW it is about FED raising rates or not, check what Paul Tudor Jones said yesterday:

https://www.cnbc.com/2021/06/14/paul...box=1623673207
You have to have an IQ higher than 90 to interact with this user.
  • #602,586
  • Jun 15, 2021 9:58am Jun 15, 2021 9:58am
Quoting gatenio
Every trader: “false break”, “trap”, “crooks” No trader in the world: “i made a mistake”, “my TL not good enough”, “what i thought is support probably does not exist”
look at the crooks trap
look like a reverse h&s
but ends up with a regular h&s
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yes yes yes
  • #602,587
  • Jun 15, 2021 9:58am Jun 15, 2021 9:58am
well it will be interesting tomorrow, the Fed raises or not.
the thing is, i expect a northward correction tomorrow.
so far, the correction has never been missed.
so that will be interesting.
  • #602,588
  • Jun 15, 2021 10:08am Jun 15, 2021 10:08am
My analysis is to get outside more often!
Trading is very difficult, it is even more difficult if you choose a hill to die on.
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  • #602,589
  • Jun 15, 2021 10:09am Jun 15, 2021 10:09am
closed all my trades by mistake..mother distracted me and I closed the wrong positions
  • #602,590
  • Jun 15, 2021 10:11am Jun 15, 2021 10:11am
Quoting Moty
{quote} look at the crooks trap look like a reverse h&s but ends up with a regular h&s {image}
nothing bro, enough charting for today, price not going anywhere.
  • #602,591
  • Jun 15, 2021 10:11am Jun 15, 2021 10:11am
Quoting nAVIN2007
closed all my trades by mistake..mother distracted me and I closed the wrong positions
maybe a sign from god
  • #602,592
  • Jun 15, 2021 10:15am Jun 15, 2021 10:15am
Quoting Nordling00
{quote} Well if they won't raise the rates like you said, then it means i will win again with %95 probability. So thank you for confirming me I mean isn't it normal, that's FED and it's their money. They intervene when they want to. I don't care if they are right or wrong since my only goal is making money. We have cryptos if you don't like any intervention. I invest in them too, you can try them, they are good against inflation. Remember the last time you told me CPI was good? GU went down 100 pips and you were happy. What happened after...
he's talking about what they say and tone ,thats what we look at .
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #602,593
  • Edited 10:41am Jun 15, 2021 10:19am | Edited 10:41am
Quoting babayaga
she's trying to get back will succeed ??? {image}
Tracked right to where I thought she would, the H4 200 day sma. It should now serve as resistance.. 1.4085 area

This is actually a great area for short entries
  • #602,594
  • Jun 15, 2021 10:25am Jun 15, 2021 10:25am
Quoting Moty
{quote} look at the crooks trap look like a reverse h&s but ends up with a regular h&s {image}
I don't know, but i think you are selling support.
Together we can be strongest
Vantage Return This Month: -97.0%
  • #602,595
  • Jun 15, 2021 10:29am Jun 15, 2021 10:29am
Quoting gatenio
{quote} maybe a sign from god

perhaps..I hope the mofo goes back up to very top..
I bought Gold...and thought I was closing that...tricked then I got cheesed off and closed everything
  • #602,596
  • Jun 15, 2021 10:35am Jun 15, 2021 10:35am
Missed the tp area by a whisker it seems! Oh well SL still active at 14066. Will TP before NYC if SL or TP isn’t hit either way I’ve made a good sum today
Insane in the Brain..
  • #602,597
  • Jun 15, 2021 10:35am Jun 15, 2021 10:35am
Quoting Nordling00
{quote} Well if they won't raise the rates like you said, then it means i will win again with %95 probability. So thank you for confirming me I mean isn't it normal, that's FED and it's their money. They intervene when they want to. I don't care if they are right or wrong since my only goal is making money. We have cryptos if you don't like any intervention
What thats a higher high ?
They won't raise rates for sure is my point to you, because that is jumping the gun.
theres a process to get out of the current situ the Fed are in ...
which you never talk about ,

You think it's about if they raise rates or not .
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #602,598
  • Edited 11:38am Jun 15, 2021 10:55am | Edited 11:38am
When they talk about tapering ,they're talking about not spending this money holding interest rates down or owning the stock market.Thats the next step.

From 4 trillion to 8 trillion in 12 months ,its all printed money assets they need to offload ,
intervention in markets which have to be unwound somehow ,however they could say its going to plan
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #602,599
  • Jun 15, 2021 11:01am Jun 15, 2021 11:01am
Quoting Bones
When they talk about tapering ,they're talking about not spending this money holding interest rates down or owning the stock market.Thats the next step. From 4 trillion to 8 trillion in 12 months ,its all printed money assets they need to offload , intervention in markets which have to be unwound somehow ,however they could say its going to plan {image} {image}

Tony I never thought of you as an economist, but I can when I'm confused, you on the right path. You have obviously been reading up in this area, I just wish
I knew what your on about..haha

  • #602,600
  • Jun 15, 2021 11:03am Jun 15, 2021 11:03am
this mofo might be going up for a bit..
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