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Cable Update (GBPUSD)

  • #718,641
  • Jan 6, 2023 7:04am Jan 6, 2023 7:04am
Quoting dantpm
{quote} In the last 6 months I have spent a lot of time with EA's and bots with the same experience! Now if you know someone that knows how to program an AI or neural net for numerical pattern recognition, I have an idea that might produce successful trading!
the google server (that houses the FREE machine learning server) doesn't shakehands well with MT4 servers. so, better coded EAs will perform more efficiently.

EXIT strategies are typically the game changers (whether TP or SL). unlike UJ, GU is typically range-bound, like 70%+ of all trading days it hits the ave daily price (of that day), 2-3x. and that is equal to ave 30 pips, which is 2-3%. if you are happy to be growing at 1% per day, then 16 pips TP cumulatively grows the account. having the patience to TP 30 pips is good, to cover for the rainy days
  • #718,642
  • Jan 6, 2023 7:04am Jan 6, 2023 7:04am
Quoting noox
{quote} Thank you. I'm learning smart concepts so forgive me, I know it's a flip level but what is the abbreviation stand for? Sometimes I see SRF and for the life of me can't tell what it stands for. LOL
SRF stands for Support Resistance flip
RSF stands for Resistance support flip i write it as RSF other write it SRF
  • #718,643
  • Jan 6, 2023 7:10am Jan 6, 2023 7:10am
Come on bulls
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yes yes yes
  • #718,644
  • Jan 6, 2023 7:11am Jan 6, 2023 7:11am
Quoting yelena
{quote} the google server (that houses the FREE machine learning server) doesn't shakehands well with MT4 servers. so, better coded EAs will perform more efficiently. EXIT strategies are typically the game changers (whether TP or SL). unlike UJ, GU is typically range-bound, like 70%+ of all trading days it hits the ave daily price (of that day), 2-3x. and that is equal to ave 30 pips, which is 2-3%. if you are happy to be growing at 1% per day, then 16 pips TP cumulatively grows the account. having the patience to TP 30 pips is good, to cover for...
The research that I have done suggests that you need to write an independent program or script to deal with the handshake, preferably in C. EA's aren't setup for numeric pattern recognition which is key to the solution that I have in mind. Entry and exit parameters are just a couple of the parameters we have identified to make this work.
  • #718,645
  • Jan 6, 2023 7:11am Jan 6, 2023 7:11am
GU on NFP

Gimme one spike for LQ.
Spike and dump
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #718,646
  • Jan 6, 2023 7:14am Jan 6, 2023 7:14am
Im short right now, 1.18484
  • #718,647
  • Jan 6, 2023 7:15am Jan 6, 2023 7:15am
Quoting MrFanciful
{quote} Haha I have a feeling that, like an ex drug or alcohol addict, it might be something that I'll not "cure" but something I'll have to just manage.
Reading your posts, my advice to you is simple.

1. Get rid of your system, all the squiggly lines and blinking stuff and all the jazz.
2. Think about who you are. Long and hard. Until you know you, you won't be able to figure out the system for you. A highly profitable trader could give you the best super-duper system in the world but if the system requires a different personality, then you're doomed.
3. After getting know yourself you can start building your own system that works for you. You can get help, but most of the work has to be done by you. Of course, it's helpful to know how to build a system, so maybe read up on that.
4. Once you built your system, you start beta testing. Open a small account (1 USD) and just spend 10000 hours staring at the screen, fidgeting a tiny bit with it, but test it real time.
5. Once you start becoming profitable for at least half a year, better yet, a year, then you'll be ready to start trading - but now with confidence. Confidence in yourself and the system that you have built for yourself, tested, and used. This confidence comes from knowing what the system does in different scenarios, and how your system will react to different market conditions and events.

All of this takes a lot of work and time. There's no shame saying, f that, and look for easier methods of making money. But if you can persist through the above process, the rewards can be immense.
  • #718,648
  • Jan 6, 2023 7:16am Jan 6, 2023 7:16am
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My telegram: https://t.me/avidforex
  • #718,649
  • Jan 6, 2023 7:16am Jan 6, 2023 7:16am
Quoting dantpm
{quote} So psychology. How many psychologists does it take to turn on a light bulb? Only one but the light bulb has to want to turn on! Old joke. Seems to apply here. No one else can decide for you to obey your own system rules.
if your rules are really good for any situation, you will win and you will be very interested to follow this rules, as the dog of Pavlov
if not, you must still learn and stop if you re losing
  • #718,650
  • Jan 6, 2023 7:16am Jan 6, 2023 7:16am
Quoting Moty
Come on bulls {image}
Moty , please gimme your HAMMER.......
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #718,651
  • Jan 6, 2023 7:16am Jan 6, 2023 7:16am

Do not buy until 1.18000
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!! Radha Radha !!
  • #718,652
  • Jan 6, 2023 7:17am Jan 6, 2023 7:17am
Quoting Abeeha
{quote} SRF stands for Support Resistance flip RSF stands for Resistance support flip i write it as RSF other write it SRF
MY GOD. FFS! I'm crawling into my shame hole now... That was painfully obvious.
LMFAO
  • #718,653
  • Jan 6, 2023 7:18am Jan 6, 2023 7:18am
Quoting Robinhood1
{quote} Maybe nzdusd will make a soft landing. Still waiting
AUD/USD 15M Chart
NZD/USD 15M Chart
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  • #718,654
  • Jan 6, 2023 7:19am Jan 6, 2023 7:19am
Quoting DrDave
{quote} Buy the pullback to 16m hit TP, and now 32m has joined the up move, so again looking at smaller TF for pullback to buy.
Buy the pullback to 32m hit TP, and now 64m has joined the up move, so again looking at smaller TF for pullback to buy.

As long as the pullbacks do not go too far, just keep repeating buying as they progress upward through the TFs.
To free Gazans of Hamas, use whatever it takes.
  • #718,655
  • Jan 6, 2023 7:19am Jan 6, 2023 7:19am
Looking to short if sets-up at 1.30 pm
Don't trade what you think. Just what you see!!!
  • #718,656
  • Jan 6, 2023 7:19am Jan 6, 2023 7:19am
My DXY analysis, only a clear break of the 200MA would make the dollar index bullish to me, currently sitting at a strong resistance zone. Let's see what happens today.

Guy
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  • #718,657
  • Jan 6, 2023 7:20am Jan 6, 2023 7:20am
Ten mins till madness time let’s see how low it goes before any form of reversal to 120
Insane in the Brain..
  • #718,658
  • Jan 6, 2023 7:20am Jan 6, 2023 7:20am
GBP/USD 15M, 30M, Hourly, H4 and Daily..
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  • #718,659
  • Jan 6, 2023 7:22am Jan 6, 2023 7:22am
Quoting mysterio
{quote} Expecting a dump of the lows and rally post news through the afternoon We'll see! @Whale I also see unfinished business up at those levels. DXY has a significant swing high at 7th Dec-- i think we'll tag that on news then the 105 resistance will kick in. Above 106 is daily supply on DXY, it can reach around there. Some overshoot of the resistance is normal to give the impression of a breakout
If this spikes out the highs first this is invalidated. for bulls to take over next week i think we need to dump the lows and take 7th Dec high on DXY

One scenario is we go up to the equal highs 1.1935 THEN down to the lows, then bulls kick in
  • #718,660
  • Jan 6, 2023 7:22am Jan 6, 2023 7:22am
Quoting BeeTogether
Ten mins till madness time let’s see how low it goes before any form of reversal to 120
Up or down! You have to stay open minded. Wage rates could be a game changer!
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