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Cable Update (GBPUSD)

  • #755,821
  • Jul 4, 2023 10:12am Jul 4, 2023 10:12am
Quoting Ferna
{quote} Thank you for your input Robin. The fact that they are holding orders, i am informed of but yet to understand it’s full meaning. People think it’s them moving the market. This game been rigged one way or the other since the dawn of time. I heard they can hold a trade for months? Is it the broker or the bank which makes them hold? Is it an accumulation of commercial positions partially or intermediaries? Like to learn more. Do they get orders from the bank to accumulate at certain prices? Is this what their newsletters and phonecalls is about?...
Brokers are just like a rep. More clients, more spread profits. On the other hand, would not say banks. Lets say an entity. I suspect who it is but to m, totally irelevent. This entity controls every trader through the exchange venue. We are all labeled no matter how you try coming in. The entity has endless purchasing power but due to mathematical squaring, some areas become impenetrable. About holding orders: If there are 5 million buy orders that are coming in, within nano seconds, just have to ignore them to place their 50 million sell orders. This is high frequency trading, the buying and selling. Now, placed orders by big honest institutions become this mathematical impenetrable zones. So, even not being 100% perfect scaming, all these tricks help a lot. In order to overcome this, you must always stay with the trend backed by these mathematical zones. It is my opinion.
POSTMASTER
  • #755,822
  • Jul 4, 2023 10:32am Jul 4, 2023 10:32am
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  • #755,823
  • Jul 4, 2023 10:33am Jul 4, 2023 10:33am
Quoting BigNumbers
{quote} Update on Gu Long. I’m taking off some contract at previous week high @1.27596. Take note. We may pull back a little on getting to the high!
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im long
reasons for my long bias

price dipped down below last months high, reached 1.26 and reversed.
that was also around last months open

last weeks candle was a doji according to olhc, and the 1.27 figure is smack dab in between the open and close (candle body)
i belive we will take out last weeks high
be a thinker before being a reacter
  • #755,824
  • Jul 4, 2023 10:33am Jul 4, 2023 10:33am
this is my outlook on G/U.. same with with E/U
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  • #755,825
  • Jul 4, 2023 10:36am Jul 4, 2023 10:36am
Short.. maybe stupid entry
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  • #755,826
  • Jul 4, 2023 10:42am Jul 4, 2023 10:42am
E/U AND USD/SWISS... Been holding on them since Monday ... hopefully we get lucky
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  • #755,827
  • Jul 4, 2023 10:42am Jul 4, 2023 10:42am
Quoting Ferna
{quote} Thank you for your input Robin. The fact that they are holding orders, i am informed of but yet to understand it’s full meaning. People think it’s them moving the market. This game been rigged one way or the other since the dawn of time. I heard they can hold a trade for months? Is it the broker or the bank which makes them hold? Is it an accumulation of commercial positions partially or intermediaries? Like to learn more. Do they get orders from the bank to accumulate at certain prices? Is this what their newsletters and phonecalls is about?...
As for holding position for months mmmm.... It depends. The entity must make sure that the trend and mathematical zones are not in place. If they are in place every time, they can delay a little bit the outcome and also go broke after a few consecutive times trying to destroy oponent.
POSTMASTER
  • #755,828
  • Jul 4, 2023 10:47am Jul 4, 2023 10:47am
Quoting montygoldy
In for shorts scalps as well… lets see how it goes …. {image}
I think time to swallow my shorts losses.....
Extreme gut feeling trader
  • #755,829
  • Jul 4, 2023 10:48am Jul 4, 2023 10:48am
Quoting Robinhood1
{quote} As for holding position for months mmmm.... It depends. The entity must make sure that the trend and mathematical zones are not in place. If they are in place every time, they can delay a little bit the outcome and also go broke after a few consecutive times trying to destroy oponent.
The entity must accept that there is always an exception to rules and withdraw, be wise.
POSTMASTER
  • #755,830
  • Jul 4, 2023 10:52am Jul 4, 2023 10:52am
Quoting navk
{quote} My average entry price now.. 2724
My stop 2741
Intraday only.
  • #755,831
  • Edited 11:09am Jul 4, 2023 10:54am | Edited 11:09am
Quoting montygoldy
{quote} I think time to swallow my shorts losses.....
bounce of BB stops 1hr but SAR holding on 15 minutes wait & see... think going short then these fkrs pull the plug on you... MM from hell...
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as you can see when set new high or low there's always a pullback that's when to enter...in general...and PDhigh dr1 become support lvl..
  • #755,832
  • Jul 4, 2023 11:02am Jul 4, 2023 11:02am
checking pa , more drama to make apparently , no decision for direction yet ! side ways with higher range and waiting for last leg up or down ! anyway 2757 at risk , may get easily 2780 ! take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #755,833
  • Jul 4, 2023 11:08am Jul 4, 2023 11:08am
Quoting Whale
Short.. maybe stupid entry {image}
im going all the way with it
risking almost all todays gain.
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  • #755,834
  • Jul 4, 2023 11:11am Jul 4, 2023 11:11am
Quoting fontu
checking pa , more drama to make apparently , no decision for direction yet ! side ways with higher range and waiting for last leg up or down ! anyway 2757 at risk , may get easily 2780 ! take care {image} {image}
Wow! That chart is absolutely amazing, my friend. You've totally nailed it. It's like a reflection of my wildest imagination where any scenario can come to life. Feel free to trade in any direction you please because the possibilities are endless!
  • #755,835
  • Edited 11:41am Jul 4, 2023 11:13am | Edited 11:41am
Quoting fontu
checking pa , more drama to make apparently , no decision for direction yet ! side ways with higher range and waiting for last leg up or down ! anyway 2757 at risk , may get easily 2780 ! take care {image} {image}
more drama to make apparently MM politicians & horny bankers...all equal some are more equal than others ...parasites all of them...few exceptions...
  • #755,836
  • Jul 4, 2023 11:14am Jul 4, 2023 11:14am
Quoting fontu
checking pa , more drama to make apparently , no decision for direction yet ! side ways with higher range and waiting for last leg up or down ! anyway 2757 at risk , may get easily 2780 ! take care {image} {image}
fontu, I'm in line with your analysis and ask only for 1.2747, won't hold below 1.2715
Quoting Coreg2004
{quote} Rushing with the shorts might be premature. Just the thought. {image}
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Always trade your own plan...I don't provide trading signals.
  • #755,837
  • Jul 4, 2023 11:23am Jul 4, 2023 11:23am
back@PoliceD Department high let's see crack that nugget...yes we can... mission accomplished.. see u later...
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  • #755,838
  • Jul 4, 2023 11:34am Jul 4, 2023 11:34am
1.26584 is yesterday low..

the professional here call it liquidity.. its right there.

Just do it.
  • #755,839
  • Jul 4, 2023 11:36am Jul 4, 2023 11:36am
Will be adding buys below 1.27, stops just below 1.2660.
  • #755,840
  • Jul 4, 2023 11:37am Jul 4, 2023 11:37am
Partial profits booked.

There are some balance trades open... nothing to worry.

Will leave it open

Will try to close in asia
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Intraday only.
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