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Cable Update (GBPUSD)

  • #713,061
  • Dec 9, 2022 8:50am Dec 9, 2022 8:50am
Quoting Romero666706
gbpusd {image}
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  • #713,062
  • Dec 9, 2022 8:51am Dec 9, 2022 8:51am
Quoting Romero666706
xauusd 100 pips more and target completed. {image}
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  • #713,063
  • Dec 9, 2022 8:51am Dec 9, 2022 8:51am
Nope.. see ya next week, awful day analysis
  • #713,064
  • Dec 9, 2022 8:52am Dec 9, 2022 8:52am
UC

Expecting 200 pips down

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POSTMASTER
  • #713,065
  • Dec 9, 2022 8:53am Dec 9, 2022 8:53am
Quoting Whale
Nope.. see ya next week, awful day analysis
Yup agree with you… total balls up
Insane in the Brain..
  • #713,066
  • Dec 9, 2022 8:54am Dec 9, 2022 8:54am
Quoting Robinhood1
{quote} What if traders do not have a SL and don´t close manually? Just asking
If you are speaking of retail traders, then ones that you describe are such a minority as to be insignificant to even consider.
To free Gazans of Hamas, use whatever it takes.
  • #713,067
  • Dec 9, 2022 8:54am Dec 9, 2022 8:54am
USDCAD
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  • #713,068
  • Dec 9, 2022 8:56am Dec 9, 2022 8:56am
Quoting BeeTogether
{quote} Yup agree with you… total balls up
NY Friday trading should be outlawed hhh
  • #713,069
  • Dec 9, 2022 8:58am Dec 9, 2022 8:58am
Quoting DrDave
{quote} If you are speaking of retail traders, then ones that you describe are such a minority as to be insignificant to even consider.
You are missing the point bro. Algo trades against everyone at diferent levels. Knows nothing about trading, just buying power. If he is not able to distinguish the insignificant that can become the beast, he will enter the drawdown one after the other and I am not talking about peanuts
POSTMASTER
  • #713,070
  • Dec 9, 2022 9:07am Dec 9, 2022 9:07am
Quoting Wavegarrick
{quote} Right now for me it is all about getting rid of weak buy trades for small profits and positioning into better trades down lower on the retrace. We have a new daily higher high from a retrace period of two days. This is positive for Bulls in the current uptrend. Important is a weekly close above my 50% 2 yearly fib retrace at 1.22866. Wish you green pips, Cheers. {image}
I see lots of calls with Gu making a double top on daily, 4 hr, 1 hr t/frame and so forth reaching for new yearly lows, parity and so forth. It simply does not work like that Folks, at least at this time of the year. Swings take weeks if not months to materialize. 1.27496 already on my Radar. I have had many subscribers unsubscribing from me in recent times. All good. I will prevail. I sit back now and wait for the market to show its hand.
Cheers.
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Trade to trade another day
  • #713,071
  • Dec 9, 2022 9:07am Dec 9, 2022 9:07am
Quoting DrDave
{quote} If you are speaking of retail traders, then ones that you describe are such a minority as to be insignificant to even consider.
You seem like a "banderillero" i like it
POSTMASTER
  • #713,072
  • Dec 9, 2022 9:11am Dec 9, 2022 9:11am
Quoting Robinhood1
{quote} You are missing the point bro. Algo trades against everyone at diferent levels. Knows nothing about trading, just buying power. If he is not able to distinguish the insignificant that can become the beast, he will enter the drawdown one after the other and I am not talking about peanuts
[Algo] Knows nothing about trading, just buying power.

And if that is the case, then those you described once again have such little buying power that the Algo does not detect them. So either way, those few retail traders are "in the clear". It would only be the even FEWER out of this small number of "insignificants" of the retail traders that would ever become the beast. But at some point from being insignificant to becoming a beast, the buying power DID increase from insignificant to significant, making him "Algo detectable".
To free Gazans of Hamas, use whatever it takes.
  • #713,073
  • Dec 9, 2022 9:13am Dec 9, 2022 9:13am
target 2 smashed
1.2162 to 1.2300
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be a thinker before being a reacter
  • #713,074
  • Dec 9, 2022 9:13am Dec 9, 2022 9:13am
Quoting Wavegarrick
{quote} I see lots of calls with Gu making a double top on daily, 4 hr, 1 hr t/frame and so forth reaching for new yearly lows, parity and so forth. It simply does not work like that Folks, at least at this time of the year. Swings take weeks if not months to materialize. 1.27496 already on my Radar. I have had many subscribers unsubscribing from me in recent times. All good. I will prevail. I sit back now and wait for the market to show its hand. Cheers. {image}
I see lots of calls with Gu making a double top on daily, 4 hr, 1 hr t/frame and so forth reaching for new yearly lows, parity and so forth. It simply does not work like that Folks, at least at this time of the year. Swings take weeks if not months to materialize.

FINALLY!! At least one person active in this thread actually gets it!
To free Gazans of Hamas, use whatever it takes.
  • #713,075
  • Dec 9, 2022 9:21am Dec 9, 2022 9:21am
Quoting DrDave
{quote} [Algo] Knows nothing about trading, just buying power. And if that is the case, then those you described once again have such little buying power that the Algo does not detect them. So either way, those few retail traders are "in the clear". It would only be the even FEWER out of this small number of "insignificants" of the retail traders that would ever become the beast. But at some point from being insignificant to becoming a beast, the buying power DID increase from insignificant to significant, making him "Algo detectable".
Missing the point again with all my respects. If i were to design an ALgo to rip off as many as possible, my prriorities would be effectivness more than buying power. A guy with10 million can lose on his own and some other can build 10 million fron 100 lets say. Their xperience must have shown this.
Not banderillero but subalterno. The ones that come helping the matador, no ofense. Having said this, i am against bull fighting.
POSTMASTER
  • #713,076
  • Dec 9, 2022 9:26am Dec 9, 2022 9:26am
Quoting Wavegarrick
{quote} I see lots of calls with Gu making a double top on daily, 4 hr, 1 hr t/frame and so forth reaching for new yearly lows, parity and so forth. It simply does not work like that Folks, at least at this time of the year. Swings take weeks if not months to materialize. 1.27496 already on my Radar. I have had many subscribers unsubscribing from me in recent times. All good. I will prevail. I sit back now and wait for the market to show its hand. Cheers. {image}
Hi, that figure fits perfectly. I am waiting UJ to start a bull campaign anytime, 100, 200 300 pips below and that will trigger a GU bear campaign
POSTMASTER
  • #713,077
  • Dec 9, 2022 9:31am Dec 9, 2022 9:31am
Quoting Wavegarrick
{quote} I see lots of calls with Gu making a double top on daily, 4 hr, 1 hr t/frame and so forth reaching for new yearly lows, parity and so forth. It simply does not work like that Folks, at least at this time of the year. Swings take weeks if not months to materialize. 1.27496 already on my Radar. I have had many subscribers unsubscribing from me in recent times. All good. I will prevail. I sit back now and wait for the market to show its hand. Cheers. {image}
dont take things personal.
  • #713,078
  • Dec 9, 2022 9:31am Dec 9, 2022 9:31am
Quoting Robinhood1
{quote} You seem like a "banderillero" i like it
But this banderillero does not prick the bull to incite him just to add excitement for the crowd. The showmanship and close approach to the bull are for the crowd. But the planting of the bandarillas is to alter the movements of the bull, aiding the matador when they go center-ring to engage in man-against-beast.
To free Gazans of Hamas, use whatever it takes.
  • #713,079
  • Dec 9, 2022 9:31am Dec 9, 2022 9:31am
Quoting Pat Chiko
{quote} GU End os scalping. GTG. Friends are waititng for Party..... TGIF. Trade Safe and enjoy your weekends Party. Ciou......{image}
beautiful analysis Pat! How is it that I almost see the same things as you but I trade different?

I have question if you have time to answer. I shorted GU before news, got super sniper entry on 5 min but was expecting it lower. What was the reason for your buy? I closed my shorts in small profits and bought up later to 1.232 but since GU have been going for highs I was expected bearish day… everything happend so fast during news Im trying to understand what TF were you looking during news since you bought pretty confidently.

thank you and have a great party!
How to succeed in zero sum game?
  • #713,080
  • Dec 9, 2022 9:33am Dec 9, 2022 9:33am
Quoting DrDave
{quote} But this banderillero does not prick the bull to incite him just to add excitement for the crowd. The showmanship and close approach to the bull are for the crowd. But the planting of the bandarillas is to alter the movements of the bull, aiding the matador when they go center-ring to engage in man-against-beast.
I meant subalterno sorry. I pointed out on ealier post. Bandarilleros perform to weaken the bull
POSTMASTER
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