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Cable Update (GBPUSD)

  • #762,361
  • Jul 29, 2023 6:00pm Jul 29, 2023 6:00pm
Quoting Steverino832
there is an old saying. believe none of what you hear and half of what you see. so as far as we know, no one on the Forex factory knows how to trade, or does it for a living, or makes money at trading. take everything with a grain of salt.
yow bro wassup am not gone just took some losses last month but I am coming back this week with a vengeance and new found patience
  • #762,362
  • Jul 29, 2023 6:03pm Jul 29, 2023 6:03pm
Quoting Godspromise
{quote} clearly they aren't here to make money
Nor to exchange information and being helpful to each other. There are some great people and great traders here though i must admit. Just some, same old people gatekeeping and acting cocky for years and years.
You have to have an IQ higher than 90 to interact with this user.
  • #762,363
  • Jul 29, 2023 6:08pm Jul 29, 2023 6:08pm
Quoting T721
{quote} Was a nice Liquidity grab on Thursday and should keep going imo. First resistance at 8830, will see what happens there
Retrace to 0.8665
POSTMASTER
  • #762,364
  • Jul 29, 2023 6:10pm Jul 29, 2023 6:10pm
Quoting Godspromise
{quote} yow bro wassup am not gone just took some losses last month but I am coming back this week with a vengeance and new found patience
losses are part of this game, Patience & Consistency are key.
best wishes steve
without patience how can you be a trader?
  • #762,365
  • Jul 29, 2023 6:16pm Jul 29, 2023 6:16pm
Quoting DrDave
{quote} So when will you engage crush mode?
Usdchf
So you think very little of it .
I believe you thought you had me cornered
Maybe next time
And yes, it will eventually move down, once i made my profit twice, not before, as you are expecting
POSTMASTER
  • #762,366
  • Jul 29, 2023 6:33pm Jul 29, 2023 6:33pm
Quoting Robinhood1
{quote} Usdchf So you think very little of it . I believe you thought you had me cornered Maybe next time And yes, it will eventually move down, once i made my profit twice, not before, as you are expecting
Remember, AI can perform at its full capacity being stupid whereas only 1% of humans can. This means it will eventually be destroyed as long as this human does not make a fatal mistake. Everytime it corners this human, market will savagley turn around. We yet have to see how many rounds will it be capable of holding. Nothing is endless.
POSTMASTER
  • #762,367
  • Jul 29, 2023 6:51pm Jul 29, 2023 6:51pm
May the odds be ever in your favor!

https://vigilante.tv/w/eVw6nZu9KKadW8Pk3Pi9Ma
  • #762,368
  • Jul 29, 2023 7:01pm Jul 29, 2023 7:01pm
Quoting Robinhood1
{quote} Usdchf So you think very little of it . I believe you thought you had me cornered Maybe next time And yes, it will eventually move down, once i made my profit twice, not before, as you are expecting
my prediction is it will retrace to 0.89 because of the strengthening of the dollar but usdjpy I watching if it will reach 144 or 143 us dollar strengthen but the yen is strengthen as well
  • #762,369
  • Jul 29, 2023 8:19pm Jul 29, 2023 8:19pm
Quoting Robinhood1
{quote} Retrace to 0.8665
Yellow lines are targets and resistance on way up, first yellow shouldnt be a problem. Obviously gonna be a swing and take time and depends wether a USD move or a Chief move in regards to timing

SORRY FOR TALKING BOUT U/CHIEF ON CABLE THREAD GUYS
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  • #762,370
  • Jul 29, 2023 8:29pm Jul 29, 2023 8:29pm
Quoting Godspromise
{quote} my prediction is it will retrace to 0.89 because of the strengthening of the dollar but usdjpy I watching if it will reach 144 or 143 us dollar strengthen but the yen is strengthen as well
Zoom tomorrow if you are around. Just DM me
  • #762,371
  • Jul 29, 2023 9:09pm Jul 29, 2023 9:09pm
My plan for incoming week, UJ & EA are good pairs to short.
  • #762,372
  • Jul 29, 2023 9:59pm Jul 29, 2023 9:59pm
Quoting T721
{quote} I have been trading a very long time and my trading works very well. I dont try to re-invent the wheel there is no need to. Trading has not changed in the last 3 decades and it wont anytime soon. The major difference today is there are more players, more retail, but the Game doesnt change. I trade for a living and wouldnt change a thing. This dont mean i get every trade right (i dont) but i just keep doing what i do and more importantly i try to help anyone trying to learn or find a system that they can work with. The more basic the better....
Past to present thinking alone doesn't work in the long term.... History proves this over and over. "Teaching" someone an activity is the same as training a seal to do tricks. They'll do the trick over and over but never learn anything. As I have said, it's in the thinking not the activity. Trading, real trading that can adapt to changes is not past to present, never has been. The best you can hope for is speculation. If someone is "bored" maybe try learning something instead of wasting the time you have while alive. If you don't "get every trade right why not?" A person says to me they trade for a living, it means they turn their losers into winners. See the difference in personal psychology? So should any of you really be "teaching" anyone if you don't understand the real process??

People who do not actually understand people and human society, layered trends in that society, can only hope to speculate and end up giving it a wide berth. That is the difference as far as I see it. I see people here who try to trade the GBP but look at a chart (television) and try to extract usefulness. Some do it and others don't understand why they cannot. And others assume they are .... but it would only take 1 or 2 "unknown" things to happen to wipe them out or lock down their options. I'm not being smug here or a "know it all" just honest.

Take it and learn or leave it and enjoy drawing circles.

Peter
Real Trading is not gambling.
  • #762,373
  • Jul 29, 2023 10:07pm Jul 29, 2023 10:07pm
Quoting Steverino832
{quote} losses are part of this game, Patience & Consistency are key. best wishes steve

.......... And turning losing positions into gained profits %......RIGHT ??!! It's one thing to accept that the activity is not of your making, but to play the victim from the beginning is a "great recipe" for personal growth. Well done (saying very sarcastically) !!! The GBP is a fun access point but not for self made victims.


Peter
Real Trading is not gambling.
  • #762,374
  • Jul 29, 2023 10:20pm Jul 29, 2023 10:20pm
Quoting Nordling
I was away from the forum for almost a year, yet nothing has changed. Same old drama. Some people thought i was the reason of the drama back then, we can clearly see that the drama goes on and on even if i am not here
Hello my friend
Welcome mate. I heard from you a few months ago, but you didn't see & did not reply. I'm glad you're back
I haven't been there for a few months and yesterday I looked at the forum and it was the same discussions & fights that I used to go to. This group always seems to be the same. There are always fights on weekends.
I remember last year there was a young boy who was upset that why I am posting an analysis, but no one has any opinion, but everyone posts a photo or starts a discussion, gets several likes and... his words stayed in my mind.. .. he was telling the truth. I still don't understand why some people are like this.
Other forums are only analytical forums, but here always and always discussion & fight and maybe analysis after that
The people here really have nerves of steel
There is nothing wrong with being kind & loving to each other
  • #762,375
  • Edited Jul 30, 2023 12:01am Jul 29, 2023 11:49pm | Edited Jul 30, 2023 12:01am
Quoting Ferna
{quote} Yes you are pointing out the obvious. But for the future, i'd appreciate if your "gang" didn't comment on my posts. I will stop commenting on yours sure, but you are asking a question. Let me answer it: Everyone is a good trader. I test their ideas and see if they eventually are right. If they are wrong more than the statistical average that's even better. It provides information.
Yes you are pointing out the obvious. But for the future, i'd appreciate if your "gang" didn't comment on my posts.
I will stop commenting on yours sure, but you are asking a question.
I have to point out the obvious because you still don't get it, yet again commenting on my post, maybe if you didn't I wouldn't comment on yours...just a suggestion , this is a public forum "if you don't like the answer DON'T ask the question...simples.

Let me answer it: Everyone is a good trader. I test their ideas and see if they eventually are right. If they are wrong more than the statistical average that's even better.
It provides information.
Are you trying to recruit friends ? how do you know everyone is a good trader ? am I a good trader ? do you even know how I trade?,how do you really know how anybody trades?

Advice, if you don't want me to carry on tearing you a new asshole then don't comment on this post, it's that easy...have a good day...
  • #762,376
  • Jul 29, 2023 11:50pm Jul 29, 2023 11:50pm
Quoting Nordling
I was away from the forum for almost a year, yet nothing has changed. Same old drama. Some people thought i was the reason of the drama back then, we can clearly see that the drama goes on and on even if i am not here
Are the banks still on your side Buddy. I can bring out your post if necessary. Have you really been away? Or just your nick
POSTMASTER
  • #762,377
  • Jul 29, 2023 11:52pm Jul 29, 2023 11:52pm
Quoting Nordling
{quote} Nor to exchange information and being helpful to each other. There are some great people and great traders here though i must admit. Just some, same old people gatekeeping and acting cocky for years and years.
rather than just ignoring the drama, have you not added to it by posting?, just a thought...
  • #762,378
  • Jul 29, 2023 11:55pm Jul 29, 2023 11:55pm
Quoting Godspromise
{quote} my prediction is it will retrace to 0.89 because of the strengthening of the dollar but usdjpy I watching if it will reach 144 or 143 us dollar strengthen but the yen is strengthen as well
If it does not hit around 137.50, target is probably 144. If it does, first target 146 and second target 149. Cheers
Usdchf: yes second target 0.89xx
POSTMASTER
  • #762,379
  • Jul 30, 2023 12:01am Jul 30, 2023 12:01am
Quoting Nordling
I was away from the forum for almost a year, yet nothing has changed. Same old drama. Some people thought i was the reason of the drama back then, we can clearly see that the drama goes on and on even if i am not here
A little vain, there has always been drama before you arrived, when you disappeared and it will carry on now you are back, sorry to say "its not all about you"...
  • #762,380
  • Jul 30, 2023 1:21am Jul 30, 2023 1:21am
Quoting Nordling
I was away from the forum for almost a year, yet nothing has changed. Same old drama. Some people thought i was the reason of the drama back then, we can clearly see that the drama goes on and on even if i am not here
Obviously it must be the industry who is doing a psy-op, brokers want liquidity to the market.
This is why they are so keen on controlling the conversation and give a false illusion that anyone agrees with them.
I’m sure those books/strategies that are given for free here are tailored to make people become the liquidity of their larger clients who want to buy or sell at an fixed price.
I cannot think they would be doing this for such a long time over and over again for free, that’s alot of time wasted for no gain.

+80% of brokers customers lose money, that’s alot of spread/commission and a clear statistical advantage. For them to keep losing ofc they need to be emotional and have the wrong idea about the market.
Hell this is what happened to me when i registered with a new broker, i had one of those ”educators” call me, a young girl call me claiming she was a professional algorhitmic trader. I asked her if she been registered and why she now work for a callcenter if she is a successful trader, she failed to give any adequate answers.
This is part of their ”social media outreach/plan” where else would they go than to a trading forum or group? Some place unheard of?

Brokers interests are to have their smaller clients lose repeatedly and consistently for as long as possible, to the benefit of keeping larger clients and earning the spread.
It’s in their business-model to get as many transactions as possible, the more spread they earn.
They take the opposite side of your trade,which is an statistical edge if 80% of their customers keep losing.

Whenever you see someone stirring up emotion, or harassing profitable traders to keep them from being motivated to post it is a telltale sign that conflict of interest is at work.
I mean there been worse revelations than this in the history of finance.
You have an IQ lower than 90 if you interact with this user.
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