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Cable Update (GBPUSD)

  • #732,121
  • Feb 26, 2023 5:54pm Feb 26, 2023 5:54pm
GU long…
Price will come down but we have to follow the immediate price action. But overall I see a drop.
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  • #732,122
  • Feb 26, 2023 6:26pm Feb 26, 2023 6:26pm
Quoting KareemAliFx
USDCAD buy orders placed at 1.35000 area
seems to me im gonna SELL this pair hehehe
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  • #732,123
  • Feb 26, 2023 6:33pm Feb 26, 2023 6:33pm
The current pound-yen, euro-yen, and dollar-yen one-hour legs. It's almost a similar movement, but the pound yen has a 4-hour support. Even if you break this, the long-term leg is an uptrend, so how far can you lower it? Entry sees a resistance break.

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  • #732,124
  • Feb 26, 2023 6:33pm Feb 26, 2023 6:33pm
Quoting KareemAliFx
USDCAD buy orders placed at 1.35000 area
buys layered in see ya later this week
Master your mind. Master Trading.
  • #732,125
  • Feb 26, 2023 6:34pm Feb 26, 2023 6:34pm
Quoting kidd0
{quote} seems to me im gonna SELL this pair hehehe
Why???
  • #732,126
  • Feb 26, 2023 6:37pm Feb 26, 2023 6:37pm
Quoting ninner
{quote} Why???
ignore the troll, couple weeks ago he called for USD weakness and I called for strength and I was dead right . He’s just a mad kid , fuckin funny
Master your mind. Master Trading.
  • #732,127
  • Feb 26, 2023 6:40pm Feb 26, 2023 6:40pm
Quoting DrDave
{quote} I am of the opinion that a higher sample population will give a more precise and stable value. If that is your aim, then it would be worthwhile to check an even larger ADR setting, such as 500 or even 1000. This will give you a "baseline" to plot the smaller ADRs against. I aim at making at least 70% of the instrument's average daily range. It would likely be of value to also know 20% of the ADR. Where I come from, 70% is the lower limit for an A. Hmmm. The institute where I competed my last graduate studies had 85% as the lower limit....
Thanks for responding to my post sir.
I am of the opinion that the 260 period look back on daily time frame is sufficiently large enough to give me what I want.
Why 260 periods you may ask? Simple . . . 52 weeks in a year and 5 trading days per week.

As regards the 70% thing for an A, I went to school when grading was done A1, A2 and A3.
70% is the lower limit in this case. That is the benchmark for ME as I am not in competition with anyone else.
Thanks again sir for the comments.
I am grateful.
  • #732,128
  • Feb 26, 2023 6:48pm Feb 26, 2023 6:48pm
Quoting KareemAliFx
{quote} ignore the troll, couple weeks ago he called for USD weakness and I called for strength and I was dead right . He’s just a mad kid , fuckin funny
Just doesnt make sense!!! I wont bother explaining it to the kid..Obviously, you get it since you have a nice trade setup!! Hope it works out for you.


best
  • #732,129
  • Feb 26, 2023 9:22pm Feb 26, 2023 9:22pm
Quoting KareemAliFx
{quote} ignore the troll, couple weeks ago he called for USD weakness and I called for strength and I was dead right . He’s just a mad kid , fuckin funny
doing the opposite with surely will make me money... and its damn right.... ppl big mouth like you ... i saw everyday in my last 15 years of trading... so keep doing the opposite one

.... the pic shows i keep doing opposite to ya... and obviously making money
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  • #732,130
  • Feb 26, 2023 9:31pm Feb 26, 2023 9:31pm
Quoting kidd0
{quote} doing the opposite with surely will make me money... and its damn right.... ppl big mouth like you ... i saw everyday in my last 15 years of trading... so keep doing the opposite one .... the pic shows i keep doing opposite to ya... and obviously making money {image} {image}
im glad ur doing the opposite, my USDCAD buys already making me money, you are so waste and probably a pathetic virgin who loses all the time ! I’m ignoring you now!
Master your mind. Master Trading.
  • #732,131
  • Feb 26, 2023 9:31pm Feb 26, 2023 9:31pm
Good, now I go to bed .
Master your mind. Master Trading.
  • #732,132
  • Feb 26, 2023 9:35pm Feb 26, 2023 9:35pm
Quoting KareemAliFx
{quote} im glad ur doing the opposite, my USDCAD buys already making me money, you are so waste and probably a pathetic virgin who loses all the time ! I’m ignoring you now!
hehe.. obviously.. shorting UCAD in 2-3 days will make at least 5% increase in my capital hehehe
demo tok kenal barey boh!
  • #732,133
  • Feb 26, 2023 9:40pm Feb 26, 2023 9:40pm
Quoting ninner
{quote} Just doesnt make sense!!! I wont bother explaining it to the kid..Obviously, you get it since you have a nice trade setup!! Hope it works out for you. best
Cats have a scam going – you buy the food, they eat the food, they go away; that’s the deal
demo tok kenal barey boh!
  • #732,134
  • Feb 26, 2023 9:44pm Feb 26, 2023 9:44pm
Quoting kidd0
{quote} Cats have a scam going – you buy the food, they eat the food, they go away; that’s the deal

Inserted Video
don´t follow me,you will loose your moneyy
  • #732,135
  • Edited 10:04pm Feb 26, 2023 9:49pm | Edited 10:04pm
a simple chart showing 'short' if we are below R

1.1940 first R
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Trendlines H1,H4, SMC
  • #732,136
  • Feb 26, 2023 10:01pm Feb 26, 2023 10:01pm
Quoting BigNumbers
{quote} The index of any currency pair can give you an insight but you can also do it with the currency pair itself... when there are 4 levels to sell or buy and the distance between each level is far apart.. and price breaks the first level, then you can measure the distance in pips between these levels which the pair is meant to cover.... This will determine the strength of that pair.. but you also need to use another method to find entry... this will only tell you the overall direction of the trend but usually price mess around so badly in these...
Thanks for that explanation.

The strength of every pair is TF dependent. So which TF are you using for your determinations of strength?
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  • #732,137
  • Feb 26, 2023 10:13pm Feb 26, 2023 10:13pm
add buy - 1.1945
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  • #732,138
  • Feb 26, 2023 10:33pm Feb 26, 2023 10:33pm
Tight SL, nice set up
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Stay low, Go fast - No luck, All skill
  • #732,139
  • Feb 26, 2023 10:51pm Feb 26, 2023 10:51pm
Quoting sakimer
The current pound-yen, euro-yen, and dollar-yen one-hour legs. It's almost a similar movement, but the pound yen has a 4-hour support. Even if you break this, the long-term leg is an uptrend, so how far can you lower it? Entry sees a resistance break. {image}
Becaue EURUSD and GBPUSD are both moving in the same direction, USDJPY is the preferred pair to trade when those 3 yen pairs are moving in the same direction.
To free Gazans of Hamas, use whatever it takes.
  • #732,140
  • Feb 26, 2023 10:52pm Feb 26, 2023 10:52pm
Testing ground bought at 1.19280 sl open tp 100pips
Keep the Lights on then you can catch the rise from the dark.
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