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Cable Update (GBPUSD)

  • #766,261
  • Aug 11, 2023 4:41am Aug 11, 2023 4:41am
Quoting cablekingdom
I order a plate of chicken nuggets everyday from the same restaurant but sometimes they gv me odd number of nuggets like 5,7 & sometimes they gv even number like 6,8 I hv noticed the pattern when I get odd number of chicken nuggets then GU will be bearish for the day Today I got 6 pcs of nuggets I think this logic only drives GU movement
Plot twist - the person serving you is a FX savant and decides to serve odd or even nugget portions based upon their view of the market.
  • #766,262
  • Aug 11, 2023 4:43am Aug 11, 2023 4:43am
Quoting PeterCaleb
{quote} So ... just forget commentary? Sounds simple enough. Well, that would include the noodle galleries ie these threads right? And these websites .... where the human brain goes to die?.....right?! Yeah ok. Peter
Yeah forget the commentary Sometimes I watch Bloomberg TV ahead of major news and honestly the experts haven’t got a clue. There is zero point trying to predict what the market is doing and where it is going. The best we can do is react to price. As ICT said, imagine a paddling pool in your garden and an elephant comes along and steps in it lol - it creates a huge splash. That’s smart money/market makers making a move. The best indicator of that is the 2,3,4 bar pivot/swing… not a stochastic, not RSI or moving averages, a trend line; a double top is a pure indication of a liquidity set up - it is not resistance. How do I know this stuff? Just years of study. Totally recommend spending time on ICT’s YouTube channel. May the force be with you.
  • #766,263
  • Aug 11, 2023 4:43am Aug 11, 2023 4:43am
My view. No trade is better trade at momentum.
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  • #766,264
  • Aug 11, 2023 4:43am Aug 11, 2023 4:43am
Quoting cablekingdom
I order a plate of chicken nuggets everyday from the same restaurant but sometimes they gv me odd number of nuggets like 5,7 & sometimes they gv even number like 6,8 I hv noticed the pattern when I get odd number of chicken nuggets then GU will be bearish for the day Today I got 6 pcs of nuggets I think this logic only drives GU movement
Patterns are all around us!

People look into random cards to predict the future, so why wouldn't the number of chicken nuggets you get also work?

Right?

Consider yourself lucky to receive the such an insight into the markets. Chicken nuggets may actually be as successful as some indicators.

You're not crazy, you're just early! Chicken nuggets were always the key to FX!
  • #766,265
  • Aug 11, 2023 4:44am Aug 11, 2023 4:44am
Break below or break above the line, this is a 50/50
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The market hides a perfect geometry.
  • #766,266
  • Aug 11, 2023 4:45am Aug 11, 2023 4:45am
Quoting cablekingdom
I order a plate of chicken nuggets everyday from the same restaurant but sometimes they gv me odd number of nuggets like 5,7 & sometimes they gv even number like 6,8 I hv noticed the pattern when I get odd number of chicken nuggets then GU will be bearish for the day Today I got 6 pcs of nuggets I think this logic only drives GU movement
What happen to GU movement when you ordered fish and chips instead chicken nuggets?
More time in the market, does not mean you trade better!
  • #766,267
  • Aug 11, 2023 4:46am Aug 11, 2023 4:46am
Come on!!!!
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yes yes yes
  • #766,268
  • Aug 11, 2023 4:47am Aug 11, 2023 4:47am
Quoting bfx17
{quote} i wouldnt worry too much about that...
  • #766,269
  • Aug 11, 2023 4:47am Aug 11, 2023 4:47am
Quoting FulMargnAlch
Break below or break above the line, this is a 50/50 {image}
It is always a 50/50. but there are some movement you can see it will happen. You can go a little bit aggressive on the trade, yk, just to pump the account quickly
More time in the market, does not mean you trade better!
  • #766,270
  • Aug 11, 2023 4:47am Aug 11, 2023 4:47am
Cable slowly giving up its gains however , with more data to come later today maybe we can see a direction for the NY session?
Insane in the Brain..
  • #766,271
  • Aug 11, 2023 4:48am Aug 11, 2023 4:48am
Quoting Fardeen1209
{quote} What happen to GU movement when you ordered fish and chips instead chicken nuggets?
Forex holiday
  • #766,272
  • Aug 11, 2023 4:49am Aug 11, 2023 4:49am
Quoting cablekingdom
I order a plate of chicken nuggets everyday from the same restaurant but sometimes they gv me odd number of nuggets like 5,7 & sometimes they gv even number like 6,8 I hv noticed the pattern when I get odd number of chicken nuggets then GU will be bearish for the day Today I got 6 pcs of nuggets I think this logic only drives GU movement
  • #766,273
  • Aug 11, 2023 4:53am Aug 11, 2023 4:53am
Quoting Fardeen1209
{quote} It is always a 50/50. but there are some movement you can see it will happen. You can go a little bit aggressive on the trade, yk, just to pump the account quickly
I am always worried whenever I see that kind of "line" that I posted. That is a psychology trick and if the mob gets tricked, we will see a whipsaw or wick expansion.
The market hides a perfect geometry.
  • #766,274
  • Aug 11, 2023 4:55am Aug 11, 2023 4:55am
Quoting PeterCaleb
{quote} OOOOH it's the ol' "I'm a website crusader and believe I know how to sniff out a scammer" ..... Anklebiter Annie. How's it hangin' Annie? No no arguments, just enjoy slicing through some online useless deadweight BS that online noodles love to go on about. So while away did you grow up some, or, still assuming that you and all your online goofers here are "real people" and can control what real people say and think and do and learn? I'm simply a semi-retired person with a lot of experience, so I don't feather with silly online teste twinklers...
So you just love trolling around and throwing sh*te? Look bud, i don't know why you are this angry and petty. If you have something to say about GBPUSD, i am all ears. Do you think it will go up or down? And why? That's all we care about. Daring to teach us manners or trying to have a talk about philosophy here doesn't make any sense since this is an interactive trading thread.

You are not a salesman, but i doubt that you are a trader. You are more like a philosopher. Since i see no trade ideas, charts or anything along those lines from you.

If you wanna prove people wrong, show them something. Show them something real and material. Long paragraphs full of philosophy won't do it for us. If it did, we would be a bunch of commies reading Karl Marx instead of trading here.

Hope you got my point, cheers.
You have to have an IQ higher than 90 to interact with this user.
  • #766,275
  • Aug 11, 2023 5:02am Aug 11, 2023 5:02am
GBP/USD M5

Chicken Nuggets Pattern, Also Known As Bullish Flag Pattern

This information will cost you 1% of your trade, no matter if the price goes up or down.
Consider yourself lucky that I'm here and sharing these precious signals!
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People from Cable Update Forum: "Damn, this guy is full of shit..."



You'll still have to give me that 1%!
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  • #766,276
  • Aug 11, 2023 5:04am Aug 11, 2023 5:04am
Quoting Konichiwhaat
Pulled back. Settled above 2700. Long now for next 5 hours until US news, carefully trailing SL. Have a great weekend everyone
This block of past order flow must hold or I will humbly admit defeat and enjoy my weekend
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Emotional Control. Process, not outcome.
  • #766,277
  • Aug 11, 2023 5:07am Aug 11, 2023 5:07am
Quoting FulMargnAlch
{quote} I am always worried whenever I see that kind of "line" that I posted. That is a psychology trick and if the mob gets tricked, we will see a whipsaw or wick expansion.
The way i see it is we had a complex wave 4 (still a learner of EW- not yet fully understand what exactly a complex wave is, but i just know it is not abc)
Attached Image (click to enlarge)
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The 4hr downward structure still intact.
So 2 (BPR) is very likely and on top the 4hr downward structure will be still intact




Purple- Daily corrective wave
Pink- 4hr Wave
Blue- 1hr wave
More time in the market, does not mean you trade better!
  • #766,278
  • Aug 11, 2023 5:08am Aug 11, 2023 5:08am
Quoting Moty
Come on!!!! {image}
Very few indicators Moty!!!
  • #766,279
  • Aug 11, 2023 5:13am Aug 11, 2023 5:13am
Quoting BeeGold
{quote} Very few indicators Moty!!!
Confirmation indicator 1, confirmation indicator 2, confirmation indicator for 1. confirmation indicator, confirmation indicator for 2. confirmation indicator and confirmation indicator for every confirmation indicator!



Hahahah
  • #766,280
  • Aug 11, 2023 5:15am Aug 11, 2023 5:15am
Quoting Fardeen1209
{quote} The way i see it is we had a complex wave 4 (still a learner of EW- not yet fully understand what exactly a complex wave is, but i just know it is not abc) {image}The 4hr downward structure still intact. So 2 (BPR) is very likely and on top the 4hr downward structure will be still intact Purple- Daily corrective wave Pink- 4hr Wave Blue- 1hr wave
Nice. I similarly use somewhat like that, the major flow of the market appears bearish, but the minor flow here is bullish. If this minor bullish flow cannot prove its point, down we go.
The market hides a perfect geometry.
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