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Cable Update (GBPUSD)

  • #626,301
  • Sep 28, 2021 3:35am Sep 28, 2021 3:35am
Quoting Dethorn
DXY still got room up. It should create a new high imo GU short, stop at BE {image} {image}
GU at support, watching closely how PA will unfold there.
  • #626,302
  • Sep 28, 2021 3:43am Sep 28, 2021 3:43am
Quoting Pat Chiko
{quote} Waveskierrob Bud, Sometimes there is wisdom in playing dumb. I notice that you like to play that role as lifelong strategy here. It is called Wisdumb ( make up words). I prefer to call it "obtuse". And yes, it's often a winning play Try to use it to Missus, it is much to be effective than trying to reasoning. Smart people have to play dump..otherwise they not survive,for real dump people it is hard play AS a smart..works not long time. Life is a trip. BTW You have Rugby training this coming Thursday. (Norton Field) Just don't tackle...
"Obtuse" which definition do you think suits me best then "annoyingly insensitive" or "slow to understand" ....or both
  • #626,303
  • Sep 28, 2021 3:44am Sep 28, 2021 3:44am
Quoting Waveskierrob
{quote} "Obtuse" which definition do you think suits me best then "annoyingly insensitive" or "slow to understand"
I added the word " deliberately"
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #626,304
  • Sep 28, 2021 3:46am Sep 28, 2021 3:46am
Quoting Pat Chiko
{quote} I added the word " deliberately"
  • #626,305
  • Sep 28, 2021 3:46am Sep 28, 2021 3:46am
Am I the only thinking a drop below 13650 would open the trapdoor to 13580-136?
Insane in the Brain..
  • #626,306
  • Sep 28, 2021 3:56am Sep 28, 2021 3:56am
Quoting Pat Chiko
How it begin Page #31312 How it end up {image} Feel sorry for you Oscar.
will this go to food bank?
  • #626,307
  • Sep 28, 2021 4:00am Sep 28, 2021 4:00am
Major support, sells looking tempting but so is that reversal, waiting game at the moment.
  • #626,308
  • Sep 28, 2021 4:02am Sep 28, 2021 4:02am
Attached Image (click to enlarge)
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as you see cable is under daily S1.., let's see if she'll be back in range and gj' pivot under 151

Attached Image (click to enlarge)
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P.S. oil is still trying to go up and gold down.., could be interesting if someone is trading these pair
dolce vita
  • #626,309
  • Sep 28, 2021 4:03am Sep 28, 2021 4:03am
Quoting Mar61
Major support, sells looking tempting but so is that reversal, waiting game at the moment.
Hold your beer.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #626,310
  • Sep 28, 2021 4:06am Sep 28, 2021 4:06am
Quoting Pat Chiko
{quote} GU Scalping {image}

GU

This is "dump" trade.

Attached Image (click to enlarge)
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DON'T Read beyond this point. It is a very boring write up. You will regret reading it.

Point to Ponder ;
I notice, once a person posted his bias, he refuse to change it as chart progress to develop.
This is my take and anyone interested as point to ponder.

Within congestion time window is where you will be hinted on the new possibilities trade that can develop.
What I want to tell is that instead of trying to impose analysis on the chart,
one viewing of it already can tell you what to expect of the possibilities.

It is what it continues to form as time progresses that is more important.

Resistance and support levels are never absolute.
It changes as time progresses.
Our trade positions must change as the chart progresses and a continued analytics be done.

DO NOT try to read it once and have a set mind of the possibilities of what to expect.

The analysis is an on going process and every new bar added will cause new developments.
Never read the patterns that form on the chart, rather recognize it when it forms,
and follow it with a trade position.

Chart patterns can mutate as time advances

and a fixed perspective to the pattern that has formed is dangerous
as it paralyses your ability to change when the dance changes.

Although it is foundational that one should be able to read the pattern formations,
one should not draw those lines on to the chart.
They can form optical illusions to your mind and
impair your ability of new developments that is coming on-stream in the charts.


P/S Not pointing to anyone, but as general reminder for educational purposes only.


Sincerely

PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #626,311
  • Sep 28, 2021 4:10am Sep 28, 2021 4:10am
4H cande.., what's she going to bring
???
imo range for now 1.3660-80

happy trading

P.S. have already made a few pips selling cable, gj and gold one hour ago
Attached Image (click to enlarge)
Click to Enlarge Name: 28 09 tr a.JPG Size: 41 KB
dolce vita
  • #626,312
  • Sep 28, 2021 4:12am Sep 28, 2021 4:12am
Quoting Pat Chiko
{quote} GU This is "dump" trade. {image} DON'T Read beyond this point. It is a very boring write up. You will regret reading it. Point to Ponder ; I notice, once a person posted his bias, he refuse to chance it as chart progress to develop. This is my take and anyone interested as point to ponder. Within congestion time window is where you will be hinted on the new possibilities trade that can develop. What I want to tell is that instead of trying to impose analysis on the chart, one viewing of it already can tell you what to expect of the possibilities....
Beautifully put, jealous of your wordyness and English being your second language ......write wears that buk
  • #626,313
  • Sep 28, 2021 4:14am Sep 28, 2021 4:14am
Quoting mysterio
Price going for YL, I wait for there to hit before second trade
Second trade hopefully recover from 8 pip loss buying too early

Actually had identified the Frankfurt sell (posted earlier) but just hadn't had my coffee and wasn't feeling it---my bad. It was totally valid just was still in a slumber

The issue is YL not taken yet so maybe another drop, putting stops to BE
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  • #626,314
  • Sep 28, 2021 4:17am Sep 28, 2021 4:17am
sideline until newyork sesh. still bullish gu tho.
be a thinker before being a reacter
  • #626,315
  • Sep 28, 2021 4:18am Sep 28, 2021 4:18am
Quoting Waveskierrob
{quote} Beautifully put, jealous of your wordyness and English being your second language ......write wears that buk
I'm addicted to books. Can't stop reading ( as well as writing)
Reading like 15 books a year ( paper book - not digital)

Current reading.

Attached Image


The Republic written by Plato examines many things.
It mainly is about the Good Life.
Plato seems to believe that the perfect life is led only under perfect conditions which is the perfect society.
Within the perfect society, there would have to be justice.
In the Republic, it seems that justice is defined in many different ways.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #626,316
  • Sep 28, 2021 4:18am Sep 28, 2021 4:18am
Quoting mysterio
{quote} Second trade hopefully recover from 8 pip loss buying too early Actually had identified the Frankfurt sell (posted earlier) but just hadn't had my coffee and wasn't feeling it---my bad {image}
What your target from buying these low xD. Price make a good dump but in case of that the volume not supported.
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #626,317
  • Sep 28, 2021 4:22am Sep 28, 2021 4:22am
Quoting kris89
{quote} What your target from buying these low xD. Price make a good dump but in case of that the volume not supported.
Well be careful as it didnt drop past YL still kinda think it may try

Asia range low maybe first target then range high 1.3730 ? Still deciding

We're in an ascending channel on DXY
  • #626,318
  • Sep 28, 2021 4:23am Sep 28, 2021 4:23am
Quoting Pat Chiko
{quote} I'm addicted to books. Can't stop reading ( as well as writing) Reading like 15 books a year ( paper book - not digital) Current reading. {image} The Republic written by Plato examines many things. It mainly is about the Good Life. Plato seems to believe that the perfect life is led only under perfect conditions which is the perfect society. Within the perfect society, there would have to be justice. In the Republic, it seems that justice is defined in many different ways.
Complete opposite to me 1 book in 15 years, only because it was a good friend of mine
Attached Image
  • #626,319
  • Sep 28, 2021 4:24am Sep 28, 2021 4:24am
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  • #626,320
  • Sep 28, 2021 4:27am Sep 28, 2021 4:27am
Quoting aahsan1000
{image}
big baying
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