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Cable Update (GBPUSD)

  • #758,861
  • Edited 11:30pm Jul 16, 2023 10:19pm | Edited 11:30pm
GBP/USD sentiment https://www.dukascopy.com/swiss/engl...tch/sentiment/
70.83% short
−41.66%
29.17% long
leer verkaufen hosen wir nxt...shhhhhhhhhhhhhhhhhhhhhh....leather jackets vs diazanon... welcome to my chemical romance...lawNmowers fully licensed...take on any PEST try to escape mic complex roundup issues peoples like weed easy to grow... ca lebanese welcome good hash codes ist mir scheiss egal legalized it... fuk the sin taxes are a cancer fwiw...DARE to say it...corporate GREED...big pharma cia brew your own....RUderalis
  • #758,862
  • Jul 16, 2023 10:20pm Jul 16, 2023 10:20pm
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took a long. lets do it
be a thinker before being a reacter
  • #758,863
  • Jul 16, 2023 10:32pm Jul 16, 2023 10:32pm
Quoting dantpm
{quote} None of the western governments can move to a value based system instead of a debt based system at this time. To move to a value based system, they would have to generate tax revenue equal to or greater than spending. This hasn't happened for decades! There is simply no political appetite for this type of change in structure. The US also tipped their hand when they declared that they would create the right to devalue currency holdings of individual digital currency balances. They did not say what would trigger such a move, although their...
If you want to appreciate the full situation, you cannot come at it from a consumer understanding and way of thinking and processing situations. Otherwise you literally become the prey. "The other side" of it all have different ways of seeing things and process situations according to very different goals. For eg., they make plans in 1, 5, 10, 25, 50 and 100 year blocks. If you doubt this go look at how a city is "developed and built" as a prime example in reality.

Go read this very basic insight to stop thinking everything is "about being" a consumer.

https://www.forexfactory.com/thread/...4#post14499164

Just because 'you' wouldn't do 'this or 'that' to the general public' has nothing at all to do with what 'others' may or will or can do. If you want to understand such things, you need to stop playing catch up, you need to get out in front of it and propose feasible 'abnormal' ideas and fashions of outcomes. A lot like real trading really. Most people assume that "normal lines of process" are to be used in times when plans are made and must be done .... no whatever what. You Mr and Mrs 'general public' cannot afford to be spectators on these things otherwise, as I said, you become the prey. There's no "victim" in all this because you've all been offered thousands of chances to pay attention. Unfortunately most people live in la-la land so they're done and done unless........What?????????????? What COULD the possible answer be?

Peter
Real Trading is not gambling.
  • #758,864
  • Jul 16, 2023 10:43pm Jul 16, 2023 10:43pm
Quoting trumps
{quote} How do you apply a 50/50 chance to a particular outcome, if your decision is based on a strategy that has a significant statistical probability of greater than 50% of producing a certain outcome?
You have to separate fantasy from reality. Most people want profit first so they lean towards fantasy.

Reality is rather different to a website.


Peter
Real Trading is not gambling.
  • #758,865
  • Jul 16, 2023 10:45pm Jul 16, 2023 10:45pm
Quoting Rmg
{quote} Over a large sample size the edge will play out by pressing more on the winning trades. But the very next trades outcome is always50/50.
Sorry but that's fantasy trading rubbish. If you don't work from future to present THEN past, you're gambling. That is real life.


Peter
Real Trading is not gambling.
  • #758,866
  • Jul 16, 2023 10:58pm Jul 16, 2023 10:58pm
Quoting trumps
{quote} I'm not sure the maths of that quite works out. If the outcome of the next trade is always 50/50, then there is not edge to speak of, no matter how large the sample size. In this situation, any variation in outcome over the long term, other than 50/50, is simply due to chance.
past to future %'s are rubbish.

The true value is and can only ever be 50%. Why?

Step one of "trading financial markets"....

"Past performance does not guarantee future results". AKA - You don't control the situation or outcome so you have no choice than to look to the future-present connection because your past performers are not taking into consideration TIME. Not hours or days etc, but action and response. Intervention and Choice. Etc etc.

Every push or reversal of time on price requires this future-present connection. If you the trader do not apply this then you ARE guessing because you are not prepared. Past stats and prob's are devoid of use when you do not understand TIME. It is merely the basis of assumption whereby 'normal market conditions are always present". This is an impossibility. Never has existed and will never. Have doubts? Look through real history and watch business and finance. Normal is not a word to describe activity.

Sorry for being blunt but you modern people really don't understand these markets hah. "Price is king!" garbage.

If you do not plan ahead you are speculating. Just because there does exist a status quo has nothing to do with its truthfulness and accuracy.


Peter
Real Trading is not gambling.
  • #758,867
  • Jul 16, 2023 11:04pm Jul 16, 2023 11:04pm
Quoting PeterCaleb
{quote} past to future %'s are rubbish. The true value is and can only ever be 50%. Why? Step one of "trading financial markets".... "Past performance does not guarantee future results". AKA - You don't control the situation or outcome so you have no choice than to look to the future-present connection because your past performers are not taking into consideration TIME. Not hours or days etc, but action and response. Intervention and Choice. Etc etc. Every push or reversal of time on price requires this future-present connection. If you the trader...

The left is deaF the right is blind take aim...wysiwyg....cola clauses in collective agreements....
  • #758,868
  • Jul 16, 2023 11:20pm Jul 16, 2023 11:20pm
Quoting montygoldy
{quote} I am long as well targeting 1958.... if i get there then I have successfully recovered my second casino account losses of 9K... THen only one and last left with the mammoth task of 17k recovery.......
i'm in long with you bro. Good luck, stay strong!!
  • #758,869
  • Jul 16, 2023 11:26pm Jul 16, 2023 11:26pm
Quoting PeterCaleb
{quote} Sorry but that's fantasy trading rubbish. If you don't work from future to present THEN past, you're gambling. That is real life. Peter
pressing more on present winning trade Peter not in some fantasy future. I am not ieven fully awake yet but you're in for a ride here today.
on a postive roll...
  • #758,870
  • Edited 12:56am Jul 17, 2023 12:33am | Edited 12:56am
Quoting montygoldy
{quote} I am long as well targeting 1958.... if i get there then I have successfully recovered my second casino account losses of 9K... THen only one and last left with the mammoth task of 17k recovery.......
FLY to 1960… NO GUTS NO GLORY

EDITOSITIVE SL HIT
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Extreme gut feeling trader
  • #758,871
  • Edited 12:53am Jul 17, 2023 12:39am | Edited 12:53am
GBP/USD

16 Pips Range.

I'll open Short as soon as I get Home.

My prediction is seeing Pat Chiko posting profits later for GBP/USD and the system agrees with his system (he was Short). We will have short-term Short, however higher TF's suggest move up will either continue or price will Range. We'll talk about that after retracement comes.
  • #758,872
  • Jul 17, 2023 12:51am Jul 17, 2023 12:51am
watching limit 3078 breaks for short as may correct more , next support at 3052 while limit down 2999.
resistance above goes to 3100 and 3130. long only breaks previous top and may limited to next resistance arounds 3180/90 . anyway eurusd daily doji present last , indecision , usdx also at a weak support and so may correct some if not more before resume bull again . anyway 3052/43 may a perfect level to bounceback for gu. take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #758,873
  • Jul 17, 2023 1:13am Jul 17, 2023 1:13am
There is no major move in market from the morning
In these types of days it feels like unproductive days

Sometimes I ask myself am I doing the right thing
People say hustle hustle hustle
But If you hustle with market
You will get your ass back in your hand

I think trading is not about hustling it's more about waiting
Here you get paid for doing nothing
That's the hard part

Our mind forces us by saying you are doing nothing go hustle
But wait a minute..
Where does this mentality comes from?
Ans- Your upbringing
what?
Means that you were programmed to work hard
how?
by continously saying that you need to do hardwork to get marks in school
fuck it I don't want marks in school

I have to escape this mentality a become a sniper one shot one time one headshot
What are your thoughts on this?
  • #758,874
  • Edited 1:32am Jul 17, 2023 1:19am | Edited 1:32am
Quoting Surya108
There is no major move in market from the morning In these types of days it feels like unproductive days Sometimes I ask myself am I doing the right thing People say hustle hustle hustle But If you hustle with market You will get your ass back in your hand I think trading is not about hustling it's more about waiting Here you get paid for doing nothing That's the hard part Our mind forces us by saying you are doing nothing go hustle But wait a minute.. Where does this mentality comes from? Ans- Your upbringing what? Means that you were programmed...
If you have to make money today and you expect the price to Range because your system indicates this or you have other indication that this is to be true, then trade with higher lot and grab 10, 15 or 20 pips and get out of the trade. Sell tops, Buy bottoms. Risk/Reward 1:2 in Ranges is good enough. If you miss twice, then your system wasn't correct or your evaluation.

The harder you work the less you're payed in today's world. This is usually the case. Pay goes up not by how hard you're working, but by how important you are to the firm you're working in. Normal workers aren't worth shit in the firm's eyes, so you're payed what you're payed. Enough so you don't quit, not enough to live your life.

Once you understand we are all slaves, easier it will become. You (most of us) are a sheep (slave), it's just that you don't wear chains and you can't see that far to see the fence around you.

This is why we trade! You are your own boss. All of us are intelligent enough to make money trading. So, we should do it. You can always find another job, they'll happily hire you.

We were all programmed to be used as obeying slaves. However, people wake up eventually and realize that time is what is most important and that we can literally do whatever we want with our lives. It just takes a little courage. Fortune favours the bold, nothing favours the timid.

TW
  • #758,875
  • Jul 17, 2023 1:38am Jul 17, 2023 1:38am
Quoting Bella.al
{quote} I have moved my Trailing Stop to 1.31209 hence locked in +4 Pips. still waiting for 1.30531 break and continue . I will re-check the trade in European Session , 4-5 Hours from now. Bella's Blue {image}

Very Close to achieve the Price Objective 1 : 1.30531 where i will re-adjust my Trailing

Bella's Blue ( beta v1.7 G )
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Goddess of Thunder..
  • #758,876
  • Jul 17, 2023 1:49am Jul 17, 2023 1:49am
critical intraday price 1.30875, a M15 candle close above it bull LO session, below you know what
chaos is just unknown order
  • #758,877
  • Jul 17, 2023 1:50am Jul 17, 2023 1:50am
Quoting Surya108
There is no major move in market from the morning In these types of days it feels like unproductive days Sometimes I ask myself am I doing the right thing People say hustle hustle hustle But If you hustle with market You will get your ass back in your hand I think trading is not about hustling it's more about waiting Here you get paid for doing nothing That's the hard part Our mind forces us by saying you are doing nothing go hustle But wait a minute.. Where does this mentality comes from? Ans- Your upbringing what? Means that you were programmed...
Excellent!
Yes we have certainly been conditioned to be worker ants and consumers, not to manage money for longer time.
Well my best trades are the most effortless, watch out for those who say in trading u have to know everything, thats basically a recipe for distractions and inaction. Time and price. Quality or quantity.
You have an IQ lower than 90 if you interact with this user.
  • #758,878
  • Jul 17, 2023 1:50am Jul 17, 2023 1:50am
OK MEAN REVERSION Target for Gbpusd is very near As per plan and calculated risk I held on to the Entire Trend is your Friend Concept The Reverse Side

Target is very near now

Anyhow the Other Trade that I had posted Regrd Gbpaud Sell This is an update to it This is short haul one and Should not be too deep in time and movement

I expect the Target to Hit Very Soon

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Target is 1.90971 and its better to move it little up but this target is for me
  • #758,879
  • Jul 17, 2023 1:51am Jul 17, 2023 1:51am
Yes yes yes
Caught that break down
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yes yes yes
  • #758,880
  • Jul 17, 2023 1:53am Jul 17, 2023 1:53am
Quoting Moty
Yes yes yes Caught that break down {image}
Pull back
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yes yes yes
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