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Cable Update (GBPUSD)

  • #611,481
  • Jul 22, 2021 6:55am Jul 22, 2021 6:55am
this fucker will go down
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yes yes yes
  • #611,482
  • Jul 22, 2021 6:56am Jul 22, 2021 6:56am
Quoting pipfarm
Easy to get spooked out of a trade Current swing base 1H subdivisions to be found on 15 minute therefore the move down was corrective hence a new high was just made. Imho these diagonal trendlines simply do not work
One man's junk is another man's treasure....
Lost....
  • #611,483
  • Jul 22, 2021 6:59am Jul 22, 2021 6:59am
Quoting Moty
this fucker will go down {image} {image}

Do you have ADR and DR for MT4? If you wish can you share it?
  • #611,484
  • Jul 22, 2021 7:00am Jul 22, 2021 7:00am
Remember careful around here but 3810 would be good
  • #611,485
  • Jul 22, 2021 7:00am Jul 22, 2021 7:00am
Quoting gespiri
{quote} One man's junk is another man's treasure....

Ok i will send you a barrel full of NUCLEAR WASTE , lets see what you can do with that
Follow The Markets Structure - Patience and Discipline
  • #611,486
  • Jul 22, 2021 7:01am Jul 22, 2021 7:01am
Quoting pipfarm
{quote} Ok i will send you a barrel full of NUCLEAR WASTE , lets see what you can do with that
Create electricity?
Use as landfill?
Lost....
  • #611,487
  • Jul 22, 2021 7:03am Jul 22, 2021 7:03am
Quoting gespiri
{quote} Create electricity?
Doubt it because

"The nuclear industry still has no solution to the 'waste problem'

https://world-nuclear.org/informatio...realities.aspx
Follow The Markets Structure - Patience and Discipline
  • #611,488
  • Jul 22, 2021 7:04am Jul 22, 2021 7:04am
Quoting pipfarm
{quote} Ok i will send you a barrel full of NUCLEAR WASTE , lets see what you can do with that
that is insane
Do more of what works and less of what doesn't
  • #611,489
  • Jul 22, 2021 7:04am Jul 22, 2021 7:04am
Lots of swaping on 5 min ,,
  • #611,490
  • Jul 22, 2021 7:05am Jul 22, 2021 7:05am
Quoting pipfarm
{quote} Ok i will send you a barrel full of NUCLEAR WASTE , lets see what you can do with that
  • #611,491
  • Jul 22, 2021 7:05am Jul 22, 2021 7:05am
Quoting pipfarm
{quote} Doubt it because "The nuclear industry still has no solution to the 'waste problem' https://world-nuclear.org/informatio...realities.aspx
https://www.scientificamerican.com/a...nuclear-waste/
It could be recycled to power Teslas....
Lost....
  • #611,492
  • Jul 22, 2021 7:08am Jul 22, 2021 7:08am
Quoting gespiri
{quote} https://www.scientificamerican.com/a...nuclear-waste/ It could be recycled to power Teslas....

Several nations, including Brazil, China, Egypt, Finland, India, Japan, Pakistan, Russia, South Korea and Vietnam, are building or planning nuclear plants


So as it stands still no use
Follow The Markets Structure - Patience and Discipline
  • #611,493
  • Jul 22, 2021 7:16am Jul 22, 2021 7:16am
Quoting pipfarm
{quote} Several nations, including Brazil, China, Egypt, Finland, India, Japan, Pakistan, Russia, South Korea and Vietnam, are building or planning nuclear plants So as it stands still no use
My point was.....it may not be useful for you, but it maybe useful for others.
Nuclear waste, for example, maybe useless for some, but due to its still radioactive nature can be used by others as a mass weapon.
Lost....
  • #611,494
  • Jul 22, 2021 7:18am Jul 22, 2021 7:18am
Quoting gespiri
{quote} My point was.....it may not be useful for you, but it maybe useful for others. Nuclear waste, for example, maybe useless for some, but due to its still radioactive nature can be used by others as a mass weapon.

That is why i wrote IMHO

so imho those lines are useless , my opinion
Follow The Markets Structure - Patience and Discipline
  • #611,495
  • Jul 22, 2021 7:24am Jul 22, 2021 7:24am
Quoting pipfarm
{quote} That is why i wrote IMHO so imho those lines are useless , my opinion
No

On their own maybe. If your strategy is just 'I will trade continuations on a TL bounce and reversals on a break' then you will lose money definitely.

Let's say you're using them to frame price action and in conjunction with a horizontal level, maybe divergence, then using a break and retest of a TL as your confirmation and to position your entry, then they are very useful, have taken hundreds of profitable trades this way

A lot of people will say this or that is useless because they only know their own method (which likely took them a long time to profit at), then see something else failing regularly and make the conclusion they don't work. But it's how to combine methods along with your experience and judgement that defines your edge imo
  • #611,496
  • Jul 22, 2021 7:27am Jul 22, 2021 7:27am
Quoting Madanmohanca
{quote} Do you have ADR and DR for MT4? If you wish can you share it?
https://www.mql5.com/en/market/produ...ge+Daily+Range
yes yes yes
  • #611,497
  • Jul 22, 2021 7:28am Jul 22, 2021 7:28am
Quoting Moty
{quote} https://www.mql5.com/en/market/produ...ge+Daily+Range
Thanks Buddy
  • #611,498
  • Jul 22, 2021 7:32am Jul 22, 2021 7:32am
The break of 1.3748 should start a new bearish cycle, if bears are able to protect 1.3775
  • #611,499
  • Jul 22, 2021 7:36am Jul 22, 2021 7:36am
Quoting Cateus
Bought @ 1.3725 {image}
closed half = 50 pips
  • #611,500
  • Jul 22, 2021 7:37am Jul 22, 2021 7:37am
OUT of longs.

Now started shorting for the rest of the day
Intraday only.
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