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Cable Update (GBPUSD)

  • #760,181
  • Jul 21, 2023 6:50am Jul 21, 2023 6:50am
Quoting Fx3423454
{quote} Don't feed the trolls. They hate discipline and wisdom.
if that's true then why do you post on FF?
without patience how can you be a trader?
  • #760,182
  • Jul 21, 2023 6:57am Jul 21, 2023 6:57am
Quoting Fx3423454
{quote} Don't feed the trolls. They hate discipline and wisdom.
mam we need no drama here.. share something informative abt trading or shut up.
  • #760,183
  • Jul 21, 2023 7:03am Jul 21, 2023 7:03am
Quoting DubaiFX
{quote} i was not justifying Whale, Blaa Blaa this is Frustration My dear i was once like you now i am Wise, but i do understand when people are wrong sometimes they loose so they tend to divert their stress to others and its fine, this is human Nature, and i understand you point so. .. i am sorry i was wrong to post, i am better off from forexfactory but i learned from this website actually i became trader because of this website we had GBPJPY fontu karmo Auslanco good traders those days learned a lot from them, thats why i do what i do sometimes,...
You know it's just natural for people to be a bit on the edge right now if we look at it from a market cycle perspective.
It's like George Soros described in his books, about boom & bust sequence.
We are at the plateau, and the politicians and companies are not ready for it. So they are throwing in everything they got, which makes a mess including for forex.
I'll let you know that there are people here that appreciate your posts, but i guess we are not fostered in how and when to show appreciation.
Rather it is a knee-jerk reaction to do the opposite. A habit, a reflex, or what u call it. The older we get the more we become automated machines.
You have an IQ lower than 90 if you interact with this user.
  • #760,184
  • Jul 21, 2023 7:08am Jul 21, 2023 7:08am
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You have an IQ lower than 90 if you interact with this user.
  • #760,185
  • Jul 21, 2023 7:16am Jul 21, 2023 7:16am
Quoting Ferna
{image}
love it ferna!

where are we now on the scale?
  • #760,186
  • Jul 21, 2023 7:28am Jul 21, 2023 7:28am
Quoting Moty
Come on mister 200 ema band {image}
Bulls trap
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yes yes yes
  • #760,187
  • Jul 21, 2023 7:42am Jul 21, 2023 7:42am
Quoting Moty
{quote} Bulls trap {image}
whats your SL?
  • #760,188
  • Jul 21, 2023 7:51am Jul 21, 2023 7:51am
Quoting Whale
{quote} love it ferna! where are we now on the scale?
In my opinion, I'd say ECA. = Euphoria, complacency, anxiety.

Euphoria for living on the past achievements and expecting them for the futre, and having no greater plan than trading trends. Market might as well go sideways for 2-3 years.
So everyone is just expecting the trend to continue, even the big guys like Larry Williams(who is certified trader genius with world record of +11000% in a year) think the bull market will never end.

Complacency: cause still expecting a next rally, and trying to cool off and not make any "bets" on direction. This can be expressed by alot of charts /opinions in which there is no direction bias, i.e "it can go both ways" a bit like a pinball game, where the pinball flys up and down, but everyone remains cool cause they learned the market won't make any big moves, and that they soon may be corrected. = readiness but low expectations.

Anxiety: People can't believe they lose or have to focus so much on trading to get profits. Confusion about why methods don't work anymore, or why correlations is off. This cause anxiety and doubt about all methods, and those who show profit is a nail in the eye to seasoned traders dominance.
Anxiety is an activator of the trouble-solving part of the brain, this hyperactive mind will search for the fault everywhere to overcome this anxiety. Those who direct this anxiety outwards will come off as hostile, while those who direct it inwards might develop self-doubt and feelings of hopelessness.
It's a natural response dealing with anxiety to search solution for it.

Anyways this is a good time to share a smoke with somebody on the street, make some friends, throw a party, and get some girls
If one cannot find opportunity, one has to create it!
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You have an IQ lower than 90 if you interact with this user.
  • #760,189
  • Jul 21, 2023 7:53am Jul 21, 2023 7:53am
Quoting Whale
{quote} love it ferna! where are we now on the scale?
Denial, oops
  • #760,190
  • Jul 21, 2023 7:58am Jul 21, 2023 7:58am
Quoting Fx3423454
{quote} Don't feed the trolls. They hate discipline and wisdom.
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  • #760,191
  • Jul 21, 2023 8:05am Jul 21, 2023 8:05am
Failure to reach 1.2750 by next week tuesday i will be looking for long to 1.3025
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MY OPINION NOT FINANCIAL ADVISE
  • #760,192
  • Jul 21, 2023 8:12am Jul 21, 2023 8:12am
Quoting rage22
{quote} Denial, oops
lol.. maybe.


Im an intraday scalper with 70% win rate.
if you search for my mistake you will find it for sure.
but im still here, kicking..
wait for development... denial you said? Ok.
  • #760,193
  • Edited 8:33am Jul 21, 2023 8:14am | Edited 8:33am
Quoting Steverino832
{quote} if that's true then why do you post on FF?
Good question.
Are you asking why am I feeding the trolls?

It took some time to observe who are the trolls and then I blocked them. So, I am no longer "feeding the trolls". There's also a reason why I don't share every detail about my trading strategies.

Do you really think that successful traders would come onto this website and just give away all their strategies for free to a bunch of immature brats? Of course not. Especially, when successful traders know exactly how much discipline, intelligence and time it takes to learn the craft.

Why would anyone want to give away all their hard-earned knowledge and market wisdom to a bunch of nasty low lives that nobody even knows from a hole in the wall? You wouldn't unless you were a newbie who is shitposting nonsense about your losing trading strategy.

Each day I learn who is a potentially good trader and who is a troll on this website and block accordingly.

Thanks for the question. Have a great day!
Trade at your own risk.
  • #760,194
  • Jul 21, 2023 8:18am Jul 21, 2023 8:18am
Quoting Whale
{quote} lol.. maybe. Im an intraday scalper with 70% win rate. if you search for my mistake you will find it for sure. but im still here, kicking.. wait for development... denial you said? Ok.
Good risk management i guess?
You have an IQ lower than 90 if you interact with this user.
  • #760,195
  • Jul 21, 2023 8:21am Jul 21, 2023 8:21am
waiting for a longterm long trade. waiting
be a thinker before being a reacter
  • #760,196
  • Jul 21, 2023 8:24am Jul 21, 2023 8:24am
Quoting Fx3423454
{quote} Good question. Are you asking why am I feeding the trolls? It took some time to observe who are the trolls and then I blocked them. So, I am no longer "feeding the trolls". There's also a reason why I don't share every detail about my trading strategies. Do you really think that successful traders would come onto this website and just give away all their strategies for free to a bunch of immature brats? Of course not. Especially, when successful traders know exactly how much discipline, time and intelligence it takes to learn the craft....
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  • #760,197
  • Jul 21, 2023 8:27am Jul 21, 2023 8:27am
Quoting Whale
{quote} lol.. maybe. Im an intraday scalper with 70% win rate. if you search for my mistake you will find it for sure. but im still here, kicking.. wait for development... denial you said? Ok.
i only said denial because of some people in this topic, regardless of where we are, i always work with what the chart gives me on the day, u as a scalper, no doubt do the same
  • #760,198
  • Jul 21, 2023 8:52am Jul 21, 2023 8:52am
So after running through my trades I've found that I pretty much only lose money when trading after 4PM (GMT+1). Infact, over the past two weeks my account would be up an additional 2.5% if I hadn't traded past this period. It's also worth noting my most profitable open time is 7am (GMT+1), by a large margin as well. So I'll be adding a new rule to my system. No trading past 4PM, wake up at 6AM in preparation for trading at 7AM.

Just two trades today, GBP/USD short, +0.94%. USD/JPY long, +1.13%.
  • #760,199
  • Jul 21, 2023 8:53am Jul 21, 2023 8:53am
Quoting rage22
{quote} i only said denial because of some people in this topic, regardless of where we are, i always work with what the chart gives me on the day, u as a scalper, no doubt do the same
we are in thrill...

but who care as long as you know what is the risk..
  • #760,200
  • Jul 21, 2023 9:15am Jul 21, 2023 9:15am
More to the down side

H1 swing via H5 internal structure in full
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Follow The Markets Structure - Patience and Discipline
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