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Cable Update (GBPUSD)

  • #766,661
  • Aug 12, 2023 10:46pm Aug 12, 2023 10:46pm
Quoting TheWraith
So, you do admit patterns extist and repeat time and time again. Okay, thanks! We are finally reaching an agreement... I wouldn't take this "showing my inner working" thing so serious. I don't think algo pays too much attention to my 0.01 trades... Even if it did, you can't be specifically targeted by algo. It won't give everyone else winning trades just because it doesn't want you to make any money. That's not how it works. Also, if everyone from this thread went Short, there is definitely not enough people to make any difference at all...
I don't think you understand reality. Oh well onward we go.
Real Trading is not gambling.
  • #766,662
  • Aug 12, 2023 10:48pm Aug 12, 2023 10:48pm
Quoting PeterCaleb
{quote} I don't think you understand reality. Oh well onward we go.
You're right, I don't understand "the reality", because it is your reality not mine!
  • #766,663
  • Aug 12, 2023 10:54pm Aug 12, 2023 10:54pm
Quoting TheWraith
{quote} You're right, I don't understand "the reality", because it is your reality not mine!

So now ..... we venture into the black mist of "personal truth" time. Oh how the people have wandered from the path. Wraith buddy, you keep thinking/believing that despite what your other senses are showing and telling you. "Ignorance is bliss" is no shield...... just a red white target package waiting to be deployed.

Learn or don't learn.

Peter
Real Trading is not gambling.
  • #766,664
  • Aug 12, 2023 11:11pm Aug 12, 2023 11:11pm
Quoting PeterCaleb
{quote} So now ..... we venture into the black mist of "personal truth" time. Oh how the people have wandered from the path. Wraith buddy, you keep thinking/believing that despite what your other senses are showing and telling you. "Ignorance is bliss" is no shield...... just a red white target package waiting to be deployed. Learn or don't learn. Peter
Nah, no need to venture into anything. I'll follow my path, you follow yours. You answered my question, so thank you.
  • #766,665
  • Aug 12, 2023 11:15pm Aug 12, 2023 11:15pm
Quoting TheWraith
{quote} Nah, no need to venture into anything. I'll follow my path, you follow yours. You answered my question, so thank you.

I love it when people think opinions outperform real life.

https://www.forexfactory.com/thread/...2#post14533722
Real Trading is not gambling.
  • #766,666
  • Aug 12, 2023 11:18pm Aug 12, 2023 11:18pm
Quoting PeterCaleb
{quote} I love it when people think opinions outperform real life. https://www.forexfactory.com/thread/...2#post14533722
I love it when people have their own opinions, regardless of consequences.
  • #766,667
  • Aug 12, 2023 11:45pm Aug 12, 2023 11:45pm
Quoting TheWraith
{quote} No. Can't open their page also.
It's an Australian company.
Trade at your own risk.
  • #766,668
  • Edited 1:52am Aug 13, 2023 12:44am | Edited 1:52am
Quoting PeterCaleb
{quote} Nice story. You wanna know what I see ? I see you trying to put a donkey's head on a cow's body..... and trying to MAKE it fit. To me, ALL of that is nothing but "I HAVE TO believe that the past will repeat itself coz THAT is what I'm BETTING ON". You haven't allowed any room for the true unknown, so it's a speculation. Nothing more or better. I don't think you people have ever considered the fact that algorithms have existed since pre BC times, in one form or another. Are people around so daft to only NOW start to "believe" that they exist...
you don't say anything concrete again, you really don't have your own theory about the way things are going? or you're just not educated enough.
how is it possible to have a constructive professional discussion with you if you are always shrouded in fog?
  • #766,669
  • Aug 13, 2023 1:14am Aug 13, 2023 1:14am
finally time to check usdx pa to ready for the week ! looks bull in corrective mode continue uninterrupted as in other pairs / against usd to down. may not much ranging to do so ! still care to the highest level as last phase of a swing lasting this full week and as decision making may mostly ranging !! take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #766,670
  • Aug 13, 2023 1:20am Aug 13, 2023 1:20am
Quoting Fx3423454
{quote} Being a top trader (if that's even true). Doesn't make someone a good leader.
perfect
people leave, but this thread will go on for ever
  • #766,671
  • Aug 13, 2023 1:39am Aug 13, 2023 1:39am
Quoting PeterCaleb
Hit a nerve did I "steverino832" ? Good.
not at all I just don't get anything of value from your post so it is a waste of my time to read them
without patience how can you be a trader?
  • #766,672
  • Aug 13, 2023 2:19am Aug 13, 2023 2:19am
Quoting TheWraith
{quote} Alright. Why do some patterns then repeat? So, even algo has its signature!? Why did Bull's Flag Pattern work like charm a few days ago? Why do the same patterns repeat over and over in FX, like H&S Pattern, Flag Pattern, W Pattern, Triangle Pattern, etc...? I think I know the answer! What do you think? Claiming that relying on the past patterns isn't bright doesn't hold much water to be honest since patterns do repeat over and over again. Yes, past actions doesn't mean the future ones will be the same, but they are never the same. They...
Price patterns repeat because this is the program logic or rationale used by the computer programs that control trading to move price to open orders and maintain the price relationship integrity with other currency pairs.
  • #766,673
  • Aug 13, 2023 2:27am Aug 13, 2023 2:27am
Quoting dantpm
{quote} Price patterns repeat because this is the program logic or rationale used by the computer programs that control trading to move price to open orders and maintain the price relationship integrity with other currency pairs.
disequilibrium=volatility towards equilibrium.
  • #766,674
  • Edited 2:45am Aug 13, 2023 2:34am | Edited 2:45am
Quoting tiborf71
{quote} disequilibrium=volatility towards equilibrium.
It is obvious that there is an oscillation in price, and disequilibrium if it exists is minimal. Volatility is the result of the trading algorithms moving prices profitably for the benefit of the algorithms to settle open orders.

If you could 'see' the order book of the trading algorithms, you could probably make VERY PROFITABLE trades!
  • #766,675
  • Aug 13, 2023 2:48am Aug 13, 2023 2:48am
Quoting tiborf71
{quote} you don't say anything concrete again, you really don't have your own theory about the way things are going? or you're just not educated enough. how is it possible to have a constructive professional discussion with you if you are always shrouded in fog?
If you say so. There's no fog. I'm a person who sees more than just literal ways and means to do things. That's all.

People of 'educational life' of the last say, 300yrs, assume they can think, but shy away when asked to stretch. What does that say about the vanity of people?

Most people use icebreaker style communication as the 'usual' way to converse. Follow a leader and may not even know it. Consider something as "acceptable" before even realizing what "it" is.

This is a ..... public>(mostly) anonymous> technical gambling website ...... what would you like to discuss?

The latest update to a cute little indicator? Or perhaps the next gen in 'keep it simple stupid' style trading? Or, where is the world of "algo's" heading?? Hehehe.

There is nothing professional about these websites or the mantra they possess and spawn in others. So, all anyone can really do is contribute and then step back and let a person deal with the reality and gravity of "XYZ" and any walking contradictions that arise once they actually start doing some live work.

Otherwise, it's no different to fantasy football or playing any number of popular video games.

I'd say this - people need to stop assuming their attitude does all the thinking / is even capable of doing the thinking for them. Or, keep playing.

Learn or don't learn.

I have discussions with real people because then you can get things done.

Peter
Real Trading is not gambling.
  • #766,676
  • Aug 13, 2023 3:00am Aug 13, 2023 3:00am
It's always interesting to watch the online community scurry for the darkness whenever you start saying real things. It shows a lot of things.

So ignore .... don't ignore. Pretend to be a great trader ... or don't. Have your own thread or not. It's really all the same.

EXCEPT for the few people around who still have an ounce of dignity and self respect who want nothing to do with your garbage dump.

They come, they look/observe, make notes and leave. They learn and live while you're stuck here. Trying to justify it all.

Someone said it to me a while ago - it's similar to/just like gambling porn. Funny right???

Well I think it's funny. Considering the characters I've met on these sites.

The poor old gambler ---- "STOP calling me that!!" .... OR, the funnier one ---- "YEP!! I gamble and I'm not ashamed to admit it!!"

Really? SO why be on a silly website? Perhaps it satisfies some "other" urges as well ?!

You gotta try seeing it from my perspective.

It's VERY funny.


Peter
Real Trading is not gambling.
  • #766,677
  • Aug 13, 2023 3:05am Aug 13, 2023 3:05am
Quoting dantpm
{quote} Price patterns repeat because this is the program logic or rationale used by the computer programs that control trading to move price to open orders and maintain the price relationship integrity with other currency pairs.

yes and they come from the planet Sirius the dog star and they are housed in ex missile silos where the super rich will venture when WW# begins .... against ....... the machines !!! Right??

Yes I think they're the same machines who evacuated all the people offworld about 2000yrs ago so they could all the world's resources to make ....... OTHER machines !!!

Yes the world of currency pairs is the upmost importance because it's an island in the middle of the betatron sector of the milkyway.

Jeez !! What small world library did all these people crawl out from?
Real Trading is not gambling.
  • #766,678
  • Aug 13, 2023 3:07am Aug 13, 2023 3:07am
Quoting tiborf71
{quote} disequilibrium=volatility towards equilibrium.
Bullshit !! Complete fairytales!!

Try adding a good dose of real life to that!! If you people even remember WHAT real life looks like.

And THEN talk about equilibrium.
Real Trading is not gambling.
  • #766,679
  • Aug 13, 2023 3:08am Aug 13, 2023 3:08am
There is no strength in numbers, have no such misconception..
But when you need me be assured i won’t be far away.

Inserted Video
You have an IQ lower than 90 if you interact with this user.
  • #766,680
  • Aug 13, 2023 3:11am Aug 13, 2023 3:11am
Quoting tiborf71
{quote} disequilibrium=volatility towards equilibrium.
yep, very true. It’s what helps drive markets.
Compulsions can be hard to resist
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