Cable Update (GBPUSD)

Threads' Piracy Issues And Why Meta's New App Can't Launch In Europe

HAHA HAM HH dix on 99...message received...ie the arrangements...through the eye of the JABrics cgi gig obrigado... for where ever welcome...

I re-read a recent post by PeterCaleb, and after removing comments aimed directly and personally at me, came up with the following:
PeterCaleb said:
-- the rate of change entering your "support area" conceded 4 ... yes FOUR .... resistant lows before moving north. So ... BEFORE it moved up in that 4th "green/bullish"period, it SHOWED what it was going to DO. NOT MIGHT DO. No. DO.
-- Coming into your "support area" you have not 1 but 2 overextended inside wedges. this shows a progressive but resistant rate of change forming on the inside left to what WILL happen because you have "others" either moving money in or out. Otherwise it would merely be a flow of down moves in the progressive period of the day.
-- You think it's cool or tricky or timely or convenient etc to use a 10min chart but don't kid yourself, your time is being eaten away regardless of the chart tf you use.
-- One can observe this by looking at where you enter. It's not aimed for the extreme where limits meet market pricing, no.
-- The inside high that formed prior to you entering tells you that money is changing hands and now seeking to prepare for its next up move. But you probably missed this as you don't see money flowing, you see "candlesticks".
-- Just as a side note - your ATR is not relating to ROC so it's likely you think "it's showing you something sneeky or clever or basic or simple". Sorry it's not.
-- Moving further back - Up past the 2 inside wedges, is the "main big ostentatious high" that everyone would see. It took 4 pushes to get up past that previous high price that required 3 pushes of its own to make that high, so one can see that money is shifting with more money coming in than out. Why?
-- There's a 'hard push' then a broken gap then 2 more THEN before its return, you have not 1 but 2 limit-to-market pricing "spikes" and although I cannot see left I would wager that congestion to some degree to that high is nearby, either directly or as a time split (where your 'large bar' splits the real congestion of pricing from where it's moving).
-- Between the two "big recent highs" you have your inside high that shows money leaving and this time you have 3 L-to-MP positions form-ing (AKA you can observe this in real time not just in hindsight).

I believe Peter is talking about a trade and chart that I posted yesterday. He is analyzing my chart, and critiquing my trade decision. He seems to support the idea of the trade, but also hates that I made it. He goes into detail about the retrace that I was waiting for (he gives a description of PA in the pullback), talks about the previous high, PA that formed the support level, etc. What is striking is his assumptions about how I analyzed PA, how I use ATR (I've never mentioned ATR and how I use it, but he assumed I don't know what it is), and why I use a 10M chart (he is a 1M chart guy). Just for the record, I waited for that trade to form up based on my knowledge of how bankers think and trade, I took the trade at 1.2894, and later closed it at 1.2958.

Peter, the challenge is to show your trades. You chose to analyze my successful trade, but did not show how you traded it. I'm going to make an assumption: you didn't trade it, because you didn't see it. You can see it in retrospect, but not as it is forming, or more to the point, you have no trading standards or forex knowledge that would inform you that the better trade is after a pullback. My guess is that you are afraid to enter a trade. And due to your ignorance, fear, and resentment, you hate anyone who knows how to trade, or even those trying to learn how to trade, and that is the source of your hate and contempt of everyone on this thread (all of FF, for that matter).

Enough psychoanalysis of Peter.

The G$ hit my target of 1.2996. I'm also in the E$, and waiting for the $CAD. Good trading everyone!

Edit: I deleted my first response to Peter because it was inaccurate. I'll try to do better in the future!

GU
Copy trades
The N3

Edit : forgotton chart.

1.3 isn't what it was; it won't hold on higher time frames

Fair of resistance at 1299 break that and 130-1330 is on

The revarsal is coming

open martingale moty..profit is yours

DX is at Year low, It should get a reversal now or after some time.

Its gonna blow through 1.3

Trades from yesterday. I have set my weakest trade take profit for an overshoot towards my yearly 78.6% fib retrace at 1.30151.
Cheers.

What is ADR of DXY ?

Been studying this FVG concept and it is nothing new.

When price trends up or down just as an example each swing leaves gaps between the peaks and troughs and in order for the MMs to balance their books or the market if you like, the areas or gaps created between the peaks and troughs need to be revisited or filled .

You can see this on GU and EU H1 the gap left behind by the last upswing was revisited to keep the market balanced.

Useful but it is a steal from the original concept of T/A stolen and rebranded by the gurus.

If you study the market closely you will see how they rarely leave these gaps open.

reached, and I haven't seen any sign of reversal yet, take care sellers

closed all 50pips x 3 order

GU

Gimme some hammer please.

you're amazing leon..nice profits.. btw, i see that GU has formed AB=CD bearish pattern at weekly TF, would you consider open short at this moment or wait till 1.33xxx yearly resistance?

My two pendings activated 2970 and 2990 can add some more above 1.30, targeting some lower levels, Gold 1947, 1948 and 1952 early but hope for nice profit

cpi : cause pain inside
been holding bulls since yesterday until i got distraction by the time it went down for bounce..
gently i cut them to join the bear until it bounce and rocket to the skyyy..
and now im trading in revenge.. what a day..

wait until 1 am est for 4 hr candle to open.

I have some short trades taken based on 3000 level under