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Cable Update (GBPUSD)

  • #763,901
  • Aug 3, 2023 8:19pm Aug 3, 2023 8:19pm
Back to where we started yesterday....what a ride it has been...
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  • #763,902
  • Aug 3, 2023 8:25pm Aug 3, 2023 8:25pm
Quoting ninner
Trying to break out of ascending wedge and has about 63 pips to resistance so cautiously bullish. {image}
Great chart and there's no significant news until NFP tomorrow to interrupt the potential breakout.
Trade at your own risk.
  • #763,903
  • Aug 3, 2023 8:29pm Aug 3, 2023 8:29pm
2hr...
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  • #763,904
  • Aug 3, 2023 8:29pm Aug 3, 2023 8:29pm
Quoting Fx3423454
{quote} Great chart and there's no significant news until NFP tomorrow to interrupt the potential breakout.
thanks fx, appreciate the positive comment.
  • #763,905
  • Aug 3, 2023 8:35pm Aug 3, 2023 8:35pm
Quoting TheWraith
{quote} Question for both you and Dave! Why do retracements occur? If there is one big order that just enters the market, why do we see retracement taking place? Is this big order cut into multiple orders or what? Or there are no orders at all in FX rather some background intelligence collecting SL while also retracing price to some random Fibo level with different kind of speed for every other time? Because I noticed on my charts that price very ,very often reacts to one of the MA's I have and usually bounces off of them. System is what I like...
Hi. Too dificult to answer. I have reduced it to catch one aspect of market within millions of variatons. I am unable to trade one only pair all the time but only when pattern shows Up. This could be any pair anytime. Less oportunities but less chances going wrong
POSTMASTER
  • #763,906
  • Aug 3, 2023 8:43pm Aug 3, 2023 8:43pm
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WS1 see what happens...
  • #763,907
  • Aug 3, 2023 8:43pm Aug 3, 2023 8:43pm
still holding long..target is 2750 2796 2850
  • #763,908
  • Aug 3, 2023 8:44pm Aug 3, 2023 8:44pm
Quoting voeltoez
still holding long..target is 2750 2796 2850
add chart
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  • #763,909
  • Aug 3, 2023 8:47pm Aug 3, 2023 8:47pm
i know a lot of charts ...
different perspectives at different times
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  • #763,910
  • Aug 3, 2023 8:57pm Aug 3, 2023 8:57pm
Quoting PeterCaleb
You're faced with the stark reality that you NEED to get your trading up to a point where you're gaining a return of 4-5% every day that you interact with the market/s. To be clear, this is a % return ONLY on those days you trade, NOT literally every single day.
Peter, I love it! You've now gone all in on your claim that you make 5% every trading day. Let me just start by telling you, that no one, in the history of the world, has ever claimed to make 5% trading each day. Your claim is unique in the history of mankind.

Peter, if you put $10,000 in a margin account, and started making 5% per day, your margin account would exceed the GDP of the USA in about 1 year and 9 months, and your account would exceed the entire GBP of the world 6 week later. Does this help you understand the magnitude of your lie? Obviously, you are ready to apologize to everyone, right? Admit to being a liar? Or perhaps you could clarify your claim? Would you mind hanging a few more details on this?
  • #763,911
  • Aug 3, 2023 9:01pm Aug 3, 2023 9:01pm
Quoting tradexyz
i know a lot of charts ... different perspectives at different times {image}
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  • #763,912
  • Aug 3, 2023 9:04pm Aug 3, 2023 9:04pm
Quoting PeterCaleb
Here's an interesting scenario for you all to think about .... You're faced with the stark reality that you NEED to get your trading up to a point where you're gaining a return of 4-5% every day that you interact with the market/s. To be clear, this is a % return ONLY on those days you trade, NOT literally every single day. You will NEED to have some kind of backup plan IF a trade doesn't work out for you. You're unable to merely take a stopped out loss and then 'move on' to the next blind trade setup. And so, now, you face the issue of being completely...
Splendid post Peter.
  • #763,913
  • Aug 3, 2023 9:12pm Aug 3, 2023 9:12pm
Quoting PeterCaleb
{quote} I question how long a person has actually been trading when they talk about "liquidity zones etc". EVERY price point on that chart of yours IS a valued price of liquid movement. If your "current broker" won't offer that price value GO to another broker. Liquidity is everywhere. For crying out loud. Peter
Peaks and troughs. Everything in between is price.
  • #763,914
  • Aug 3, 2023 9:18pm Aug 3, 2023 9:18pm
sell - 1.2733

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Together we can be strongest
Vantage Return This Month: -97.0%
  • #763,915
  • Aug 3, 2023 9:21pm Aug 3, 2023 9:21pm
Let's go the Daily Pin Bar
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It takes a lot for me to IGNORE you, but you can try.
  • #763,916
  • Aug 3, 2023 9:22pm Aug 3, 2023 9:22pm
overslept and sl hit haha
waiting for london hhhmm
  • #763,917
  • Aug 3, 2023 9:29pm Aug 3, 2023 9:29pm
Quoting GEfx
{quote} Peter, I love it! You've now gone all in on your claim that you make 5% every trading day. Let me just start by telling you, that no one, in the history of the world, has ever claimed to make 5% trading each day. Your claim is unique in the history of mankind. Peter, if you put $10,000 in a margin account, and started making 5% per day, your margin account would exceed the GDP of the USA in about 1 year and 9 months, and your account would exceed the entire GBP of the world 6 week later. Does this help you understand the magnitude of your...
I will write this in really simple words so all the real people will hopefully stop reading and listening to the deadweight eg this genius gefx ...online.

10K account. 5% of this is ....??????? Here's a hint = [10,000.00 / 100] x 5 = ?????

Now multiply this by X days. Let's use 4 (as an average for gefx and all other less intelligent people). 4 x ????? = what?

Now as the fortnight proceeds, you make daily or off daily withdrawals from a sub account that lags in past proceeds of profitable trading of your active account.

Rinse and repeat.

So about $2000 profit withdrawn (if needed or wanted, after trading costs and before any tax etc etc)

The rest is for your imagination.

So gefx and any other fluff eaters here, social "trading" is deadweight and is a waste of time and makes liars out of everyone involved.

My conclusion is this - you are a schemer and a scab. Cannot be trusted as goes for the majority of deadweight on these sites.

All my contributions are directed at those people who want to learn or improve and help them cast aside the losers on these sites who are, well, losers, whoever or whatever they are in real life.

My suggestion - put this mutt gefx on ignore and people like him. They will misguide you plain and simple. I treat mutts like this the same way in real life, except, you come at me in the flesh as you do on here, things will be very different. You have my word on that.

Gambling + socializing does not help you learn, it rots your brain. If you don't believe me just look around.

If of course you, gefx, are indeed a real person offline, you should be ashamed of yourself. Or just revel in being the pig you are.


Peter
Real Trading is not gambling.
  • #763,918
  • Edited 11:16pm Aug 3, 2023 9:43pm | Edited 11:16pm
Quoting Pat Chiko
GU Next up NFP day. Expect Friday morning slow grinding up to supply zone taking up LQ. Real move will be post NFP announcement. Just my view on this. Two chart showing expected move tomorrow.{image} {image}
GU

as we progess thru the Asia marching towards London.
The main mission is to seek for L I Q U I D I T Y for up coming NFP.

Don't let yourself as liquidity. Trade smart and don't get wet.
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to be continue................
next, where price want to go after this and post NFP.

Go to go to the future and back later. See Ya
Dont do anything stupid, while I'm not around. (stole from Steve Roger)
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #763,919
  • Aug 3, 2023 9:46pm Aug 3, 2023 9:46pm
Sold 1.2736
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #763,920
  • Aug 3, 2023 9:54pm Aug 3, 2023 9:54pm
Quoting Yngwie
Sold 1.2736
woww..you're really a sniper..great!
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