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Cable Update (GBPUSD)

  • #763,661
  • Edited 6:49am Aug 3, 2023 6:20am | Edited 6:49am
buy - 1.2669

price above the MA and above the last top.

stop loss below of the bottom.

target = stochastic - level 20

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Together we can be strongest
Vantage Return This Month: -97.0%
  • #763,662
  • Aug 3, 2023 6:20am Aug 3, 2023 6:20am
rrrr.. my entry is in threat..
cmon bear!
  • #763,663
  • Aug 3, 2023 6:23am Aug 3, 2023 6:23am
Quoting JoshLauder98
{quote} any idea why this has pushed the price down? Surely with the higher interest rates this should have pushed the price up
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More time in the market, does not mean you trade better!
  • #763,664
  • Aug 3, 2023 6:23am Aug 3, 2023 6:23am
Quoting pipfarm
Got it this time third wave of the third d1 {image}

The Dip on D1 was the third wave of W1 up move which is corrective as it is moving against the monthly, however with the entry i managed to get , it went into profit and then a small drawdown but overall i decided to stay in the move because the D1 dip once i figured it was the third wave of the W1 correction it was clear that there would be more subdivisions on H4, the DD was minimal about 15 pips but went into profit of around 50 pips , theoretically it should break the previous daily high to complete the whole swing.
Follow The Markets Structure - Patience and Discipline
  • #763,665
  • Aug 3, 2023 6:25am Aug 3, 2023 6:25am
Quoting monaghan
Hopefully three days in a row, entry just below start line after news, Stop 12717 Tgt 12620 {image}
Target met, third for the week so far, no more trading for me, did not wait for news as i was very confident on this one
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  • #763,666
  • Aug 3, 2023 6:27am Aug 3, 2023 6:27am
The UK housing market is really a fucked up one.
BOE projection is very pessimist on that matter.

Sunak: Sadiq Khan is to be blamed
More time in the market, does not mean you trade better!
  • #763,667
  • Aug 3, 2023 6:27am Aug 3, 2023 6:27am
Quoting bfx17
{quote} and by using common sense, do you still make 4 figure profit per trade or you made it to the next level, which is 5 or even 6 figure profit per trade? another question: how do you improve the common sense? and another one: how do you quantify the common sense? I expect an answer not less than 2 pages, including the following key terms: tools, idiots, learn or dont learn and many blablabla, and, of course, common sense. Cheers

I'll do better than that for you .......

"Look both ways before you cross the road in the middle." Age old principle.

11 words.

Even someone like you can learn to apply this BASIC life lesson. All this trading stuff is no mystery.

All you people believe like suckers, that you "have to" use stats and probs to worm your way into a situation.

But you DO NOT control the market you access nor what happens in terms of past present future .... so you wrack you brains trying to be "clever" to find ways to do it all.

"There MUST be a way to do this!!" Hihihihihihihi.

FACT: Each situation has a 50% likelihood of following through. If anyone online tells someone anything different they're full of crap and are just gambling.

You people won't/can't accept responsibility in real life so why would it be any different with something where you can gamble for money.


So it's simple. All you yobbos on here are just trying to keep people using the same ways over and over that don't work.


50% view. Every situation. Only fuckin idiots .... usually you modern ones, think you've now got computers etc and this makes any difference. It doesn't. So big situation or small, it's all the same. Layered and ready to go.

There's no secret to trading and managing your money.

And this is why I say that a person doesn't even need to sign up to these pitiful websites. All the "conversations" are useless rot. And the rubbish spoken about doesn't work in the long term because you won't accept the responsibility in the first place. So you all delude yourself from the starting gate.

The losers on here and in the world love gambling and I guess, the "others" love to happily accept your money.

So who cares. THANKYOU for your money.


Peter
Real Trading is not gambling.
  • #763,668
  • Aug 3, 2023 6:30am Aug 3, 2023 6:30am
Quoting T721
This was a trade i took on FTSE. YES i am posting this after the fact but its just to show how i trade and the power of candles. Look at the zoomed in chart with black arrow above it. These i take all day long. Green line is yesterdays lows int to liquidity then i look for divergence. Was a decent trade and still got some running {image} {image}
I believe you...
  • #763,669
  • Aug 3, 2023 6:32am Aug 3, 2023 6:32am
Quoting PeterCaleb
{quote} I'll do better than that for you ....... "Look both ways before you cross the road in the middle." Age old principle. 11 words. Even someone like you can learn to apply this BASIC life lesson. All this trading stuff is no mystery. All you people believe like suckers, that you "have to" use stats and probs to worm your way into a situation. But you DO NOT control the market you access nor what happens in terms of past present future .... so you wrack you brains trying to be "clever" to find ways to do it all. "There MUST be a way to do this!!"...
This guy speaking pure facts here!! I had to make an account just for this reason ahaha
  • #763,670
  • Aug 3, 2023 6:33am Aug 3, 2023 6:33am
Quoting W0lfram
Jul low broken. 1.2622 - 1.2604 to watch {image}
Imo, 1.286 is fair target for pullbacks, bought 1.263
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Air force
  • #763,671
  • Aug 3, 2023 6:33am Aug 3, 2023 6:33am
....initial knee-jerk reaction was down to 2620 in the wkly part of the prev minor wkly/dly/4hr/1hr sw lo zone = prev supp = pot supp that extends down to 2591, just shy of Wkly R2 (may have hit it depending on broker,) and dly part of that pot supp zone. Strong bounce from there, (nice!) 4hr part of that zone starts @ circa 2614/15, similar for 1hr.

1hr below
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Trader with an Edge.
  • #763,672
  • Aug 3, 2023 6:35am Aug 3, 2023 6:35am
Why do you all use support and resistance when it can be broken. Do you all think this drives the markets?
  • #763,673
  • Aug 3, 2023 6:40am Aug 3, 2023 6:40am
Quoting Waveskierrob
{quote} I believe you...
Millions wont pal. Caleb comes to mind
  • #763,674
  • Aug 3, 2023 6:42am Aug 3, 2023 6:42am
Anyone who puts me on ignore for being honest and truthful shows your metal.

Living and working this way it's easy to see who's full of crap and will probably never learn anything real.

You always have a choice, be a dickhead like the crowd or learn.

Happy trails.

Peter
Real Trading is not gambling.
  • #763,675
  • Aug 3, 2023 6:46am Aug 3, 2023 6:46am
For anyone wondering how market probability for rate expectation worked.
Is a very good way to grow your account, because you are trading with a known probability event
The Unknown becomes Hawkish/Dovish disappointment/ surprise.
Putting Known probability and Structure together, you will not need millions pips to grow the account

Here, how's mine started
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https://www.financialjuice.com/News/...no-change.aspx

Gave you a lead, now go start digging into it. GL
More time in the market, does not mean you trade better!
  • #763,676
  • Aug 3, 2023 6:51am Aug 3, 2023 6:51am
Quoting PeterCaleb
Anyone who puts me on ignore for being honest and truthful shows your metal. Living and working this way it's easy to see who's full of crap and will probably never learn anything real. You always have a choice, be a dickhead like the crowd or learn. Happy trails. Peter
You aint on my ignore list pal
  • #763,677
  • Aug 3, 2023 6:56am Aug 3, 2023 6:56am
Quoting Fardeen1209
For anyone wondering how market probability for rate expectation worked. Is a very good way to grow your account, because you are trading with a known probability event The Unknown becomes Hawkish/Dovish disappointment/ surprise. Putting Known probability and Structure together, you will not need millions pips to grow the account Here, how's mine started {image} https://www.financialjuice.com/News/...no-change.aspx Gave...

In a "perfect world" ... sure. But in real life, no. Some of us have enough experience to know better.

Peter
Real Trading is not gambling.
  • #763,678
  • Aug 3, 2023 6:57am Aug 3, 2023 6:57am
Quoting PeterCaleb
Anyone who puts me on ignore for being honest and truthful shows your metal. Living and working this way it's easy to see who's full of crap and will probably never learn anything real. You always have a choice, be a dickhead like the crowd or learn. Happy trails. Peter
Not on mine buddy, my mentor says the same thing each trade has a 50/50 chance of success or failure! My mentor is 75+ and has proven he can trade with time and trading awards!
  • #763,679
  • Aug 3, 2023 7:12am Aug 3, 2023 7:12am
patience is the key.. cmon bear back on your track!
  • #763,680
  • Aug 3, 2023 7:13am Aug 3, 2023 7:13am
Quoting PeterCaleb
{quote} In a "perfect world" ... sure. But in real life, no. Some of us have enough experience to know better. Peter
Gotcha!!
More time in the market, does not mean you trade better!
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