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Cable Update (GBPUSD)

  • #650,441
  • Feb 1, 2022 2:23pm Feb 1, 2022 2:23pm
Nice profit
People don't plan to lose. They lose because they don't plan.
  • #650,442
  • Feb 1, 2022 2:23pm Feb 1, 2022 2:23pm
Quoting Bones
{quote} I don't think US lockdown in that time ? it is skewed but to the upside ,
The stimulus cheques kept flowing until the end of 2021
Compulsions can be hard to resist
  • #650,443
  • Feb 1, 2022 2:23pm Feb 1, 2022 2:23pm
here's evening star on cable example
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #650,444
  • Feb 1, 2022 2:24pm Feb 1, 2022 2:24pm
Quoting trumps
{quote} The stimulus cheques kept flowing until the end of 2021
exactly ,US is over stimulated to a high degree
people could go to work
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #650,445
  • Feb 1, 2022 2:25pm Feb 1, 2022 2:25pm
heres the evening star on the dxy ,right now
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #650,446
  • Feb 1, 2022 2:26pm Feb 1, 2022 2:26pm
Closing my longs from 13380. No explanation. Donīt bother
POSTMASTER
  • #650,447
  • Feb 1, 2022 2:26pm Feb 1, 2022 2:26pm
Quoting here2there
{quote} Your haters are likely jealous of your success. But then there are those who are just hateful little trolls who make it their business to target certain people. One thing FF should do is expose who the people are who dislike posts. They show the people who like posts, therefore, it is only right to show the people who dislike posts.

DISLIKE.
  • #650,448
  • Feb 1, 2022 2:28pm Feb 1, 2022 2:28pm
Quoting Nordling
{quote} I freak out when people say that we should use Fibonacci in trading too. Gann's theories and Fibo both are useless when it comes to trading. I can understand people who use only PA, some of the people here can read the chart very well. But i don't believe there are secret lines, channels, fibo levels, angles etc. We are traders, not painters.
that's ok too, math is not for everyone.
"the public is not yet ready for it" W.D. GANN
  • #650,449
  • Feb 1, 2022 2:28pm Feb 1, 2022 2:28pm
that daily dxy candle were in has 3 hours to close ,it will close bearish ,prob bit lower
high probability
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #650,450
  • Feb 1, 2022 2:30pm Feb 1, 2022 2:30pm
Quoting Kwt4x
{quote} that's ok too, math is not for everyone.
What Is The Fibonacci Sequence Used For In Real Life?
We observe that many of the natural things follow the Fibonacci sequence. It appears in biological settings such as branching in trees, phyllotaxis (the arrangement of leaves on a stem), the fruit sprouts of a pineapple, the flowering of an artichoke, an uncurling fern and the arrangement of a pine cone’s bracts etc.

That's ok, trading/investing is not for everyone.



Does Fibonacci work in trading?
However, Fibonacci studies do not provide a magic solution for traders. Rather, they were created by the human mind in an attempt to dispel uncertainty. Therefore, they should not serve as the basis for trading decisions. Most often, Fibonacci studies work when no real market-driving forces are present in the market.
  • #650,451
  • Feb 1, 2022 2:31pm Feb 1, 2022 2:31pm
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  • #650,452
  • Feb 1, 2022 2:35pm Feb 1, 2022 2:35pm
Quoting nordling
{quote} i freak out when people say that we should use fibonacci in trading too. Gann's theories and fibo both are useless when it comes to trading. I can understand people who use only pa, some of the people here can read the chart very well. But i don't believe there are secret lines, channels, fibo levels, angles etc. We are traders, not painters.
hmmmmm your words are full of great wisdom though it might hurt unreasonable fellow. Going back to what you said about charts. I started trading in the year 2004, while trying to develop my own strategy i try whole lits of things like applying indicators both custom and other type of indicators yet they never give me what i want. After some years an internet friend from indonesia asked me to go and look at the charts and study it rigorously. That friend of mine told me that all what i am looking for is on the charts. After studying the charts for god knows years and i was losing money yet i did not stop. I finally developed my own strategy. Today i have my own secrets. If i trade and loss or i blow my account it happened due to the fact that i did not adhere or stick to my strategy. I dont use indicators i only look at the charts and i will apply my numbers then i am good to go.
GREATEST WISDOM AND POSITIVE ENABLEMENT COMES FROM ALMIGHTY GOD
  • #650,453
  • Feb 1, 2022 2:35pm Feb 1, 2022 2:35pm
Quoting Kwt4x
{quote} that's ok too, math is not for everyone.
I use math in my analysis. To be specific in my macroeconomics analysis. A scientific approach.

But you can keep painting the charts and call it maths, logic is not for everyone.
You have to have an IQ higher than 90 to interact with this user.
  • #650,454
  • Feb 1, 2022 2:42pm Feb 1, 2022 2:42pm
Quoting Bones
{image}
Eh… cup and handle imho
Over 1500+ confirmed sniped pips... and counting...
  • #650,455
  • Feb 1, 2022 2:43pm Feb 1, 2022 2:43pm
Quoting Techanalyst
{quote} What Is The Fibonacci Sequence Used For In Real Life? We observe that many of the natural things follow the Fibonacci sequence. It appears in biological settings such as branching in trees, phyllotaxis (the arrangement of leaves on a stem), the fruit sprouts of a pineapple, the flowering of an artichoke, an uncurling fern and the arrangement of a pine cone’s bracts etc. That's ok, trading/investing is not for everyone. Does Fibonacci work in trading? However, Fibonacci studies do not provide a magic solution for traders. Rather, they were...
financial markets deal with numbers and percentages, any math will work with it.
when math show you a direction, you can't trade against it.

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"the public is not yet ready for it" W.D. GANN
  • #650,456
  • Feb 1, 2022 2:44pm Feb 1, 2022 2:44pm
Quoting holaralph78
{quote} hmmmmm your words are full of great wisdom though it might hurt unreasonable fellow. Going back to what you said about charts. I started trading in the year 2004, while trying to develop my own strategy i try whole lits of things like applying indicators both custom and other type of indicators yet they never give me what i want. After some years an internet friend from indonesia asked me to go and look at the charts and study it rigorously. That friend of mine told me that all what i am looking for is on the charts. After studying the charts...
Exactly buddy i have tried hundreds of indicators and tools but they failed me too. I know some people who learnt to read price action like you did and they are making money consistently.

Indicators have no power to predict the future. They only show the past. Which is why they failed us when we were newbies.

I personally use macroeconomics when trading and it works perfectly fine for me.
You have to have an IQ higher than 90 to interact with this user.
  • #650,457
  • Feb 1, 2022 2:44pm Feb 1, 2022 2:44pm
Quoting Bones
{quote} exactly ,US is over stimulated to a high degree people could go to work
Lol, Yeah ok mate, ok.
Such hard working young folk who didn't want to get paid to stay at home.
.
A thumbs up for you mate
Compulsions can be hard to resist
  • #650,458
  • Feb 1, 2022 2:45pm Feb 1, 2022 2:45pm
Quoting Kwt4x
{quote} financial markets deal with numbers and percentages, any math will work with it. when math show you a direction, you can't trade against it. {image}
What you have is bunch of not reliable indicators on the chart, not math and percentages.
  • #650,459
  • Feb 1, 2022 2:45pm Feb 1, 2022 2:45pm
the whole eu move was simple technically ,there is a secret line
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #650,460
  • Feb 1, 2022 2:47pm Feb 1, 2022 2:47pm
wow took my profits way too soon lol
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