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Cable Update (GBPUSD)

  • #771,461
  • Aug 31, 2023 8:53am Aug 31, 2023 8:53am
Quoting Nordling
{quote} Sorry mate, i don't understand anything from the circles and drawings in the chart. Beg my pardon, i will remain a superficial peasant
He's either too intelligent (which I doubt) or we're too stupid (which I doubt).

He writes in a weird way so nobody can understand anything. Works great if you want people to keep reading and believing there is some wisdom in those words if only they are smart enough...

If someone cannot explain in simple language, then he himself doesn't understand what he's actually saying.
  • #771,462
  • Aug 31, 2023 8:54am Aug 31, 2023 8:54am
Quoting TheWraith
{quote} What do you mean we don't have to agree!? OF COURSE WE DO! What is this, Communist China? LoL Honestly, I don't know either how it's calculated... didn't make it myself. Wouldn't have the time nor capacity to build something like this.
its strange to see daily above this cloud..
it totally down structure right now
  • #771,463
  • Aug 31, 2023 9:00am Aug 31, 2023 9:00am
Quoting Whale
{quote} its strange to see daily above this cloud.. it totally down structure right now
I call it a Zone .

Look at Weekly! Candle formed exactly on Support!
Attached Image (click to enlarge)
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  • #771,464
  • Aug 31, 2023 9:01am Aug 31, 2023 9:01am
Quoting TheWraith
{quote} I call it a Zone . Look at Weekly! Candle formed exactly on Support! {image}
if it delivers you the money… enjoy it.
  • #771,465
  • Aug 31, 2023 9:04am Aug 31, 2023 9:04am
Attached Image (click to enlarge)
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Trade at your own risk.
  • #771,466
  • Aug 31, 2023 9:05am Aug 31, 2023 9:05am
Quoting Whale
{quote} if it delivers you the money… enjoy it.
We'll see tommorow who was the cook all along. If we see honey, it was a Bear and if we see a matador on our plates, it was a Bull!
  • #771,467
  • Edited 9:27am Aug 31, 2023 9:05am | Edited 9:27am
8hr...
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  • #771,468
  • Aug 31, 2023 9:06am Aug 31, 2023 9:06am
Quoting Fx3423454
{image}
Really... how much easier would it be for us if we only had one TF to look at? Only H1 for example and were not allowed anything else.

Makes you wonder...

I guess for folks trading only one pair, having multiple TF's isn't a problem, but trading 2 pairs or more is when it becomes a problem.
Noone can successfully follow multiple pairs on multiple TF's...

I know some people make money on M5 and even M1, but really they're almost useless.. noise.
15M is a little bit better and I would stop at Daily TF, because noone is looking at Weekly chart in my opinion as far as retailers.
  • #771,469
  • Aug 31, 2023 9:09am Aug 31, 2023 9:09am
Decent trade for today more than 1:2
Attached Image (click to enlarge)
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  • #771,470
  • Aug 31, 2023 9:13am Aug 31, 2023 9:13am
Quoting TheWraith
{quote} This is what I see... Daily candle closing above Gray Line (S) and breaking Yellow Line (R) tommorow and going for 1.2860. {image}
hopefully! However today being quite bearish is either a sign of further drops with NFP being good or a liquidity grab for tomorrow. It could go either way might sound hypocritical of me because I very rarely use stops but a I do feel either a decent stop level to be encouraged as despite red data from the US recently I have also seen what was expected to be red go green or stalemate which sent the pair into MM mode

my current trade is 5 weeks in and under by crazy amounts so a move back to over 128 would brevery welcome with a view of smashing past 130 later in September.
Insane in the Brain..
  • #771,471
  • Aug 31, 2023 9:15am Aug 31, 2023 9:15am
Quoting TheWraith
{quote} That's not fair! We'll see what awaits us tommorow pal!
Looks like UJ climbing Up Buddy
POSTMASTER
  • #771,472
  • Aug 31, 2023 9:16am Aug 31, 2023 9:16am
Quoting TheWraith
{quote} Really... how much easier would it be for us if we only had one TF to look at? Only H1 for example and were not allowed anything else. Makes you wonder... I guess for folks trading only one pair, having multiple TF's isn't a problem, but trading 2 pairs or more is when it becomes a problem. Noone can successfully follow multiple pairs on multiple TF's... I know some people make money on M5 and even M1, but really they're almost useless.. noise. 15M is a little bit better and I would stop at Daily TF, because noone is looking...
i always look at weekly and daily TFs, but i swing trade so may not be suitable for all but can be really good to spot the big liquidity zones
  • #771,473
  • Aug 31, 2023 9:18am Aug 31, 2023 9:18am
Quoting knkie
{quote} could you name a few of the MT5 features that have made you a fan? Im interested, still on mt4
If you are considering moving from MT4 to MT5, then consider moving away from MetaQuotes entirely. You have WAY better platforms available than anything that MQ offers. TradingView, cTrader, NinjaTrader, MultiCharts, etc.
To free Gazans of Hamas, use whatever it takes.
  • #771,474
  • Aug 31, 2023 9:21am Aug 31, 2023 9:21am
Quoting TheWraith
{quote} He's either too intelligent (which I doubt) or we're too stupid (which I doubt). He writes in a weird way so nobody can understand anything. Works great if you want people to keep reading and believing there is some wisdom in those words if only they are smart enough... If someone cannot explain in simple language, then he himself doesn't understand what he's actually saying.
Exactly. If he knows better and much more than us, he should keep it simple for us to easily grasp the concept. If we are too dumb or he is too intelligent he should have known this by now. Looks like he is tryna create mystery or he enjoys confusing us
You have to have an IQ higher than 90 to interact with this user.
  • #771,475
  • Aug 31, 2023 9:22am Aug 31, 2023 9:22am
Quoting Robinhood1
{quote} Looks like UJ climbing Up Buddy
Yeah... I honestly can't tell what's happening. Those Shorts on CHF/JPY I have, I put SL at zero so...
If USD falls tommorow, CHF will fall with it against Yen and vice versa.
  • #771,476
  • Aug 31, 2023 9:24am Aug 31, 2023 9:24am
Quoting BeeTogether
{quote} hopefully! However today being quite bearish is either a sign of further drops with NFP being good or a liquidity grab for tomorrow. It could go either way might sound hypocritical of me because I very rarely use stops but a I do feel either a decent stop level to be encouraged as despite red data from the US recently I have also seen what was expected to be red go green or stalemate which sent the pair into MM mode my current trade is 5 weeks in and under by crazy amounts so a move back to over 128 would brevery welcome with a view of smashing...
Hopefully it goes up! I need USD to go down to make a good profit.
  • #771,477
  • Aug 31, 2023 9:25am Aug 31, 2023 9:25am
Quoting TheWraith
{quote} Yeah... I honestly can't tell what's happening. Those Shorts on CHF/JPY I have, I put SL at zero so... If USD falls tommorow, CHF will fall with it against Yen and vice versa.
Nothing surprises me anymore. Numbers seem diabolic
POSTMASTER
  • #771,478
  • Aug 31, 2023 9:32am Aug 31, 2023 9:32am
Quoting Ferna
{image}
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Trade at your own risk.
  • #771,479
  • Aug 31, 2023 9:33am Aug 31, 2023 9:33am
Quoting Ferna
{image}
To the moon!
Attached Image (click to enlarge)
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Trade at your own risk.
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