Cable Update (GBPUSD) | Page 36048 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #720,941
  • Jan 15, 2023 2:37am Jan 15, 2023 2:37am
Quoting Teek
{quote} I'm sure it would, but explaining this would a) take a lot of time and deep diving into market mechanics and institutional trading on the banking level. (in a nutshell, it has something to do with size, in a way, and how a market seeks to fill orders...) and b) fill a book, or two.... (@myself: write the damn book)
Thanks.... BUT

Attached Image (click to enlarge)
Click to Enlarge Name: confused.gif Size: 3.0 MB
Success = Practice + Patience + Persistence
  • #720,942
  • Jan 15, 2023 2:55am Jan 15, 2023 2:55am
Quoting fxpider
{quote} Thanks.... BUT {image}
yeah I know, the confusion is real....
Most Retail traders are seriously confused.
That's the core of the problem, and it's intentional.
See, I can take someone who never in their lifes came in contact with the trading industry, and within 6 months I make him/her a profitable trader.
But someone who spends all his time reading forums like this one hoping to catch a trade, and spends all of his/her time crashing accounts with all the BS they picked up from false "educators" on social media, jumping from "Strategy" to "Strategy" and back and forth, flooding their charts with so much nonsense they can't even see price anymore...
.. it would take me more years than I have left to live to make this guy profitable, reliable and consistent, on the markets.
Because I'd waste all my time trying to erase all the BS from their heads first.
I have long given up on the thought of helping someone to bake their own bread. Too much time and energy and I am too damn old to waste it.
Why I drop in here from time to time, usualy around the beginning and the end of a year is basicly just boredom.
January and December there's not much to do for me so I chime in, drop some nuggets and yolo out again.... shit happens

Hey I know all the 44 people watching this now, on a Sunday morning, are not willing to spend 2 hours to watch a video, they'd rather keep looking at things they don't understand.
But at least, watch this oldie but goldie. It doesn't teach you anything but it explains why you are confused, so to speak.

The only thing that really matters is the 49ers win against the Seahawks in the Wildcard last night. Oh happy day!
Happy Sunday
you are not expected to understand this
  • #720,943
  • Jan 15, 2023 2:56am Jan 15, 2023 2:56am
most traders do not understand the market correctly, so they trade by FEAR/GREED
they get scared at the right entry and miss it, greed and FOMO force them to enter when it's time to exit.

3 major factors can organize the market for you, Direction/Dow/Divergence
learn the basics on how to identify these factors first, then find tools that help you see them, and you will do better in trading.

cheers,
"the public is not yet ready for it" W.D. GANN
  • #720,944
  • Jan 15, 2023 3:03am Jan 15, 2023 3:03am
"3 major factors can organize the market for you, Direction/Dow/Divergence"

See, that's the confusion I am talking about.
None of this has anything to do with how markets work and why price does what it does.
It's natural orderflow mechanics, plain simple. Yet nobody teaches that, you can't learn this on Youtube.
How could I ever try to get this nonsense out of your heads...
you are not expected to understand this
  • #720,945
  • Jan 15, 2023 3:03am Jan 15, 2023 3:03am
Quoting Teek
{quote} yeah I know, the confusion is real.... Most Retail traders are seriously confused. That's the core of the problem, and it's intentional. See, I can take someone who never in their lifes came in contact with the trading industry, and within 6 months I make him/her a profitable trader. But someone who spends all his time reading forums like this one hoping to catch a trade, and spends all of his/her time crashing accounts with all the BS they picked up from false "educators" on social media, jumping from "Strategy" to "Strategy" and back and...
"Post of the day"
  • #720,946
  • Jan 15, 2023 3:13am Jan 15, 2023 3:13am
Quoting Teek
"3 major factors can organize the market for you, Direction/Dow/Divergence" See, that's the confusion I am talking about. None of this has anything to do with how markets work and why price does what it does. It's natural orderflow mechanics, plain simple. Yet nobody teaches that, you can't learn this on Youtube. How could I ever try to get this nonsense out of your heads...
canceling everyone else will not make you the GodFather of markets.

it's easier to show others what you are talking about.

here is mine

Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter 4044.png Size: 45 KB


cheers,
"the public is not yet ready for it" W.D. GANN
  • #720,947
  • Jan 15, 2023 3:21am Jan 15, 2023 3:21am
Quoting Kwt4x
{quote} canceling everyone else will not make you the GodFather of markets. it's easier to show others what you are talking about. here is mine {image} cheers,
I don't "cancel" anyone. I'm not part of modern "cancel culture" and I never played Pubg.
Here's mine
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_2023-01-15_10-21-38.png Size: 23 KB
you are not expected to understand this
  • #720,948
  • Jan 15, 2023 3:27am Jan 15, 2023 3:27am
Quoting Teek
{quote} I don't "cancel" anyone. I'm not part of modern "cancel culture" and I never played Pubg. Here's mine {image}
if someone understood his chart, please let me know.
I can't trust someone who want to write a book and add to the confusion without the ability to explain in simple words.

Attached Image (click to enlarge)
Click to Enlarge Name: DIYDAxQV4AA8M6h.jpg Size: 56 KB

cheers,
"the public is not yet ready for it" W.D. GANN
  • #720,949
  • Jan 15, 2023 3:37am Jan 15, 2023 3:37am
Quoting Waveskierrob
{quote} Which way?
Very bullish...big up move coming!!!!
  • #720,950
  • Jan 15, 2023 3:41am Jan 15, 2023 3:41am
Quoting ninner
{quote} Very bullish...big up move coming!!!!
When and why ?
  • #720,951
  • Jan 15, 2023 3:42am Jan 15, 2023 3:42am
I learned how to learn online by using multiple accounts.

First, I ask a question using one account, then I give a wrong answer using another account.

"Experts" will then correct my answer and I will get the correct information.

Ego is more important than helping others.
The market hides a perfect geometry.
  • #720,952
  • Jan 15, 2023 3:47am Jan 15, 2023 3:47am
Quoting Waveskierrob
{quote} When and why ?
looking at longer term charts and the action of the us dollar index. forex pairs always revert to a mean range and we are heading back to its mean range..... which is alot higher up over time.
  • #720,953
  • Jan 15, 2023 3:49am Jan 15, 2023 3:49am
Quoting Teek
{quote} I don't "cancel" anyone. I'm not part of modern "cancel culture" and I never played Pubg. Here's mine {image}

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 72 KB
Dont be upset with the result you didnt get from the work you didnt do
  • #720,954
  • Jan 15, 2023 3:52am Jan 15, 2023 3:52am
Quoting ninner
{quote} looking at longer term charts and the action of the us dollar index. forex pairs always revert to a mean range and we are heading back to its mean range..... which is alot higher up over time.
Thanks....so when will this big move happen, tomorrow, next week or next month or later in the year and by how much
  • #720,955
  • Jan 15, 2023 4:51am Jan 15, 2023 4:51am
Traders need to see this short video...
Attached File(s)
File Type: mp4 Little_finger_to_Sansa_#_mind_battle_quote_#_lord_Baelish_best#fight_every_battle_everywhere_#(360p)   2.1 MB | 326 downloads
Data + Stat + Risk/Emotions Management
  • #720,956
  • Jan 15, 2023 4:53am Jan 15, 2023 4:53am
Quoting Kwt4x
{quote} if someone understood his chart, please let me know. I can't trust someone who want to write a book and add to the confusion without the ability to explain in simple words. {image} cheers,
Do you really expect me to teach you market mechanics, in a forum?
man oh man alive...
you are not expected to understand this
  • #720,957
  • Jan 15, 2023 4:55am Jan 15, 2023 4:55am
Quoting Waveskierrob
{quote} Thanks....so when will this big move happen, tomorrow, next week or next month or later in the year and by how much
I know exactly where you are going with this and I love it. Keep going
you are not expected to understand this
  • #720,958
  • Jan 15, 2023 5:06am Jan 15, 2023 5:06am
Quoting Teek
{quote} I know exactly where you are going with this and I love it. Keep going
I don't know what you mean , but I think that will be the end of it ...
  • #720,959
  • Jan 15, 2023 5:07am Jan 15, 2023 5:07am
Quoting Teek
{quote} Do you really expect me to teach you market mechanics, in a forum? man oh man alive...
that's all you are "a mechanic", a member asked you for help
and your answer was, blah blah blah BOOK
how can that help him ?

stop arguing and start helping others.

here is weekly 2% for others to compare with your lame chart

Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter 4045.png Size: 56 KB


and don't be shy if you want to learn about divergences, I'm here to help.

Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter 4046.png Size: 47 KB


cheers,
"the public is not yet ready for it" W.D. GANN
  • #720,960
  • Edited 5:54pm Jan 15, 2023 5:38am | Edited 5:54pm
Hi All,

For the swing traders amongst us. If fundamentals continue to play out the way it is now, these are the extreme ranges based on a Mathematical Flow Model (OHLC) levels on the Daily, Weekly and Monthly charts over the next few months.

- DXY 97.00 -96.00 [Bearish]
- GOLD 2065.32 - 2072.20 [Bullish]
- EURUSD 1.1470 - 1.1500 [Bullish]
- USDCHF 0.8470 - 0.8500 [Bearish]
- USDCAD 1.2650 - 1.2600 [Bearish]
- USDJPY 141.700 - 142.00 [Bullish]
- AUDUSD 0.7365 - 0.7400 [Bullish]
- NZDUSD 0.7070 - 0.7100 [Bullish]
- GBPUSD 1.3650 - 1.3700 [Bullish]
- GBPJPY 170.650 - 171.00 [Bullish]

NOTE:

1. My trading strategy is Wave Theory using Elliott Wave Analysis on Daily and Weekly
2. Significant Market Turning points 28 Feb - 10 March / 16 June - 03 July
3. My swing buys/sells for the pairs I trade is already active, I added longs to GU @1.21070, and UJ @128.100
4. This is my own price projections, meant to be a guide only

One of the biggest mistakes most traders make is buying/selling too early. Always trade what you see, not what you want to happen.

Good Luck Traders
Guy
1,854 traders viewing now