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Cable Update (GBPUSD)

  • #753,601
  • Jun 22, 2023 3:54am Jun 22, 2023 3:54am
Quoting AlfieSolomon
that mysterio scammer has been hiding and not on the forum from the day I called him out ,as we can see he has been on forex factory since 2009 and he is still trading demo funds ,so if a person is trading demo funds for 14 years and still not able to trade live funds will try to scam people , {image} {image}
He should be commercial tell FF, you are right to highlight Alf
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #753,602
  • Jun 22, 2023 3:55am Jun 22, 2023 3:55am
Quoting Mitiblotch
{quote} Added even more buys 2771, 2277. Still holding 2789 buy. I kept a pending at 2720 but now removed it becsuse price didnt dip up to thay place. 2950 is the target. From 2900 I'll start banking some of them.
1.27 it was indeed. I entirely missed that this was the price where that last Buy ended. Nice work!

As it stands now, we are again in the middle between 1.265 and 1.30.
  • #753,603
  • Jun 22, 2023 3:56am Jun 22, 2023 3:56am
...23.6% of weds lo/current wkly lo-current dly hi reached @ the current p/back lo

1hr below
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Trader with an Edge.
  • #753,604
  • Jun 22, 2023 4:03am Jun 22, 2023 4:03am
Look out for 1.27984 it’s a monthly support trying to become resistance. Some stops are setting in that level. Watch out.
My telegram: https://t.me/avidforex
  • #753,605
  • Jun 22, 2023 4:06am Jun 22, 2023 4:06am
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yes yes yes
  • #753,606
  • Jun 22, 2023 4:06am Jun 22, 2023 4:06am
Quoting BigNumbers
Look out for 1.27984 it’s a monthly support trying to become resistance. Some stops are setting in that level. Watch out.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 17 KB
Trader with an Edge.
  • #753,607
  • Jun 22, 2023 4:07am Jun 22, 2023 4:07am
Quoting AlfieSolomon
that mysterio scammer has been hiding and not on the forum from the day I called him out ,as we can see he has been on forex factory since 2009 and he is still trading demo funds ,so if a person is trading demo funds for 14 years and still not able to trade live funds will try to scam people , {image} {image}
How come you two have no agreement about covering losses, while Trading is a game you played by being defensive first, then you attack?
More time in the market, does not mean you trade better!
  • #753,608
  • Jun 22, 2023 4:11am Jun 22, 2023 4:11am
Happy to see more and more people starting to understand who really drives the FX market. It's all about fundamentals and orders. If for example a new war has started and on top of that we see that the majority of traders are Long on GBP/USD, then it is almost 1/1 that price will be going down. If there's nothing going on and amount of traders Long and Short is almost the same, that is when the Range will occur and price will stop ranging until either something fundamentally changes or the amount of people being Long and Short changes.

How to know where the biggest amount of orders are sitting? Look for the last Sell and the Last Buy on the left of your chart.

In uptrend look where the last Sell ended that is higher then the current price, in downtrend vice versa and in Range look for double tops and bottoms and make sure when you Sell the top that amount of traders Long hasn't increased significantly and nothing changed fundamentally.
  • #753,609
  • Jun 22, 2023 4:15am Jun 22, 2023 4:15am
No opened order yet..... But i thinking to setup SELL GBP
study of behavior and mind,conscious and unconscious
  • #753,610
  • Jun 22, 2023 4:18am Jun 22, 2023 4:18am
Quoting AlfieSolomon
that mysterio scammer has been hiding and not on the forum from the day I called him out ,as we can see he has been on forex factory since 2009 and he is still trading demo funds ,so if a person is trading demo funds for 14 years and still not able to trade live funds will try to scam people , {image} {image}
what?
  • #753,611
  • Jun 22, 2023 4:18am Jun 22, 2023 4:18am
Quoting Fardeen1209
{quote} How come you two have no agreement about covering losses, while Trading is a game you played by being defensive first, then you attack?
he opened a group called cable traders and started some BS course and mentorship in which he failed miserably when people took objection and realised that they have been scammed by this scammer they asked for refund after that he he disappeared and closed that group and ran away for a month and then again started new group secretly to scam new people and also closed that group . and actually he only talks about 60-70 lots and tight 3 pip stop with the help of some futures footprint chart which is completely bullshit . when he completely gone bankrupt i being a friend helped him and gave him 1000$ to trade and told him to keep the hole profit which he would made he losed 400$ from that then I stopped him trading that account, actually I don't want that money but I want people to know that he is a scammer ,the course which he introduced he steal that content from a discord group called TVT(the volume trader) .
  • #753,612
  • Jun 22, 2023 4:21am Jun 22, 2023 4:21am
Quoting Whale
{quote} what?
yes you read it right
  • #753,613
  • Jun 22, 2023 4:25am Jun 22, 2023 4:25am
Quoting TheWraith
Happy to see more and more people starting to understand who really drives the FX market. It's all about fundamentals and orders. If for example a new war has started and on top of that we see that the majority of traders are Long on GBP/USD, then it is almost 1/1 that price will be going down. If there's nothing going on and amount of traders Long and Short is almost the same, that is when the Range will occur and price will stop ranging until either something fundamentally changes or the amount of people being Long and Short changes. How to know...
Can you please provide a chart so i can see what you really mean by Last Sell ended?
More time in the market, does not mean you trade better!
  • #753,614
  • Jun 22, 2023 4:27am Jun 22, 2023 4:27am
Banks create nearly all the money (80%). They do not borrow it to lend.
They do park money in risk-free assets, they're encouraged to diversify from cash, and that's why we had bank runs.
They never had risk management on time, but they DID have the money over time.

Every loan has a credit; the money is always in the system until the debt is paid. When a country is booming, it makes sense not to be restricted by existing money.

Banks are not an intermediary. Take it straight from the BoE; http://www.bankofengland.co.uk/expla...-money-created
other lending sources could be an intermediary. Maybe that's the confusion.

BoE
"Therefore, if you borrow £100 from the bank, and it credits your account with the amount, ‘new money’ has been created. It didn’t exist until it was credited to your account."
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #753,615
  • Jun 22, 2023 4:28am Jun 22, 2023 4:28am
Quoting AlfieSolomon
{quote} he opened a group called cable traders and started some BS course and mentorship in which he failed miserably when people took objection and realised that they have been scammed by this scammer they asked for refund after that he he disappeared and closed that group and ran away for a month and then again started new group secretly to scam new people and also closed that group . and actually he only talks about 60-70 lots and tight 3 pip stop with the help of some futures footprint chart which is completely bullshit . when he completely...
Every Fake gurus does that.
They just want to sound smart@ss
But one thing My Grandpa told me, is if you want to keep a frined, never lend that friend money. And Real friend built sh*t together right and stay beside you all the time.
Business associate all the way to the top
More time in the market, does not mean you trade better!
  • #753,616
  • Jun 22, 2023 4:29am Jun 22, 2023 4:29am
I wanting to put a large buy order, but the 12 o'clock news is stopping me!!!
Don't trade what you think. Just what you see!!!
  • #753,617
  • Jun 22, 2023 4:29am Jun 22, 2023 4:29am
Quoting dantpm
{quote} Ending the shelling of the Ukrainian towns on the border of Russia by the Ukrainian military that started back in 2008. I said he didn't want conflict on his borders. This was the theme of the Maidan Accord that Russia, France, Germany and Ukraine agreed to back in 2008 but Ukraine then refused to ratify.
Are you retard or what?
Air force
  • #753,618
  • Jun 22, 2023 4:29am Jun 22, 2023 4:29am
I already did a few posts back. I will provide one again when I get Home sure. I think it was Daily Chart.
  • #753,619
  • Jun 22, 2023 4:35am Jun 22, 2023 4:35am
Quoting TheWraith
I already did a few posts back. I will provide one again when I get Home sure. I think it was Daily Chart.
No worries, but please just dont forget to quote me, to make sure i'll get your chart. I'm interested in what you said,
Because typically (using the Demand and Supply zone), last buy/sell represent by the D/S. But there are some D/S where price break through it, as if it is not there.

Sam Seidan explain this, looked into it, but subsequently, everyone seems to know more about D/S than Sam himself. And the internet is flooded with BS when it comes to trading
More time in the market, does not mean you trade better!
  • #753,620
  • Jun 22, 2023 4:35am Jun 22, 2023 4:35am
If break weekly MA line at 1.1850, possible GU go up till 1.3300 area
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