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Cable Update (GBPUSD)

  • #772,121
  • Sep 3, 2023 3:11am Sep 3, 2023 3:11am
Quoting Fx3423454
{quote} Exactly
seems this is the way to make fun of them, the lickky likkiy
people leave, but this thread will go on for ever
  • #772,122
  • Edited 3:31am Sep 3, 2023 3:12am | Edited 3:31am
same as eu , limit 1.2639 for nest test down and probable break 1.2562 and 47 for 1.2500/2400/2340. so next week can be particularly critical and ranging . bigger , take care most !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #772,123
  • Sep 3, 2023 3:14am Sep 3, 2023 3:14am
Quoting Aussi
{quote}
Just ignore them.
Trade at your own risk.
  • #772,124
  • Edited 12:12pm Sep 3, 2023 3:42am | Edited 12:12pm
Quoting bfx17
{quote} Cheers man, Funny fact: all charlatans and frauds are really nice persons, otherwise they wouldnt be able to do their thing. As a matter of fact , many are quite charismatic. To be clear, I am not sayimg navk is a charlatan or a fraud, nor did i say or imply that he is asking money from other traders. But there are many red flags about him. Even you stated that you bought that account being influenced by his posts. Many others probably. So this is his job. Think about it, why wouldnt he answer with yes or no to a simple question? He first...
It's a logical aspect twisted fact that causes misunderstand and unfair accusement.

1. what you're talking about is " frauds = nice person ; Navk = nice person ; but Navk ≠ fraud ? "
If "a nice person" is the essential condition of fraud, you need to add another filter question to confirm " if this nice person = fraud " .
--> you need to have some " legal proofs " .

2. " there are many red flags about him "
As to MFF event, my view is that Navk is a victim / customer and still giving hope on MFF. I was influenced by him, but I made my own decision, actually I have lots of other choices , I just chose the one I can afford the risk. It's MFF should be red flagged, not Navk. People need to be with autonomy , don't blame on the wrong object.

3. "why wouldnt he answer with yes or no to a simple question? "
You're not judge , lawyer, policeman or his lover, he doesn't need to answer it with yes or no.
Me as a bystander, I don't feel comfortable seeing someone try to doubt another's private sphere with no right.

my post key point "autonomy" is also important for trading.

Inserted Video


Quote
Studies at MIT have found that the senses of mastery and autonomy are inseparable, and with careful observation, one can discern the tangible relationships between the two.

Mastery is the ability to take charge, and execute with confidence. True mastery is acquired with two simple guidelines: establish the autonomy, or the will to govern actions, and consistent practice.

May it be desire of art, music, physical achievements, or anything that drives each person, the autonomous self-discovery journey of achieving mastery comes with no monetary award.

Nevertheless, the invisible reward is the irreducibly reality of knowing that, perhaps just yesterday, you would had looked up to the person you are today. And amid a seemingly ordinary world, your internal drive will always motivate you to reach an extraordinary place.
  • #772,125
  • Sep 3, 2023 3:42am Sep 3, 2023 3:42am
Quoting trumps
This thread?? The first weekend after a blue moon can do strange things to people.
Trade at your own risk.
  • #772,126
  • Sep 3, 2023 3:46am Sep 3, 2023 3:46am
instead of chatting a lot, I'd rather work on developing a new strategy.
  • #772,127
  • Sep 3, 2023 4:02am Sep 3, 2023 4:02am
Quoting tiborf71
instead of chatting a lot, I'd rather work on developing a new strategy.
So surely just post developments of your new strategy rather than just chatting..., if I'm wrong tell me so...
  • #772,128
  • Sep 3, 2023 4:06am Sep 3, 2023 4:06am
Copy from
https://www.forexfactory.com/thread/...4#post14561204

Anyone care to comment on my analysis for next week?
Thank you
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Trend is down; it has been making lower lows and highs, and it even broke the last big swing low.
However: the downtrend line has been broken, the last swing down did not yet take the low (usually it doesn't wait) and there is a divergence on the MACD.

Options:

  1. we continue on the way down after a partial retrace of the last move. We target the trendline.
  2. It turns up for a bit, breaks the last high (22nd August) and goes potentially as far as the 27th July high.
  3. We get stuck in a range - triangle creation for a bit. Then we go down?

Thank you.

I have no clue where it's going
  • #772,129
  • Sep 3, 2023 4:07am Sep 3, 2023 4:07am
There is a good but forgotten thread in FF.
So true:
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Markets will move to the right.
  • #772,130
  • Sep 3, 2023 4:22am Sep 3, 2023 4:22am
Quoting Aussi
{quote}
yeah, looser get back your 0.1 pips scalping looser strategy and your thread, nobody! Nobody have a mood to read your fancy posts, fo
People don't plan to lose. They lose because they don't plan.
  • #772,131
  • Sep 3, 2023 4:23am Sep 3, 2023 4:23am
Quoting FraterRedox
There is a good but forgotten thread in FF. So true: {image}
thanks for that link! I have found something ideal for our mappet moron who only backtesting still! Still trying but he have already 70
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People don't plan to lose. They lose because they don't plan.
  • #772,132
  • Sep 3, 2023 4:29am Sep 3, 2023 4:29am
Quoting PeterCaleb
Here is the difference for pivots ..... GBPUSD {image} UK100+GBPUSD {image} Can you see the differences? The white is UK100 and the blue is GBPUSD. Anyway I'll leave you with it. The two indicators I used for this setup are below. Remember to proportionalize them properly so both are stable on chart, otherwise you may get a bad view. Do this by finding a view range and sticking with that range. Sorry but mt4 doesn't seem to have a single indicator that does custom instrument pivots. Not based on what I found anyway. Have fun. Peter {file} {file}...
Peter,

i have been told a few times about the relevance of ftse and gu, but no one has been able to explain to me conclusively how the two are related.

what should i be looking at when i superimpose the two (GU&FTSE100)?

so far i have only noticed that they tend to run contrary to each other, but i cannot derive a rule from this.

thx.
trading is like dancing, don't think and just listen to the music!
  • #772,133
  • Sep 3, 2023 4:35am Sep 3, 2023 4:35am
Quoting birdland
{quote} Peter, i have been told a few times about the relevance of ftse and gu, but no one has been able to explain to me conclusively how the two are related. what should i be looking at when i superimpose the two (GU&FTSE100)? so far i have only noticed that they tend to run contrary to each other, but i cannot derive a rule from this. thx.
A bit intuitive isn't it? If pound 'strength is fueling the move, as some money comes out of GU it goes into the FTSE and as it comes out of the FTSE it goes in GU. The alternative is bonds. If US$ strength fuels the move, less correlation.
  • #772,134
  • Sep 3, 2023 4:45am Sep 3, 2023 4:45am
I see someone is spamming the thread with insults again today.
Trade at your own risk.
  • #772,135
  • Sep 3, 2023 4:45am Sep 3, 2023 4:45am
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Trade at your own risk.
  • #772,136
  • Sep 3, 2023 4:47am Sep 3, 2023 4:47am
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Trade at your own risk.
  • #772,137
  • Sep 3, 2023 4:48am Sep 3, 2023 4:48am

trading ideas for cable in the near future

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https://breakpullback.com
  • #772,138
  • Sep 3, 2023 4:51am Sep 3, 2023 4:51am
Quoting LifeRider
Copy from https://www.forexfactory.com/thread/...4#post14561204 Anyone care to comment on my analysis for next week? Thank you {image} Trend is down; it has been making lower lows and highs, and it even broke the last big swing low. However: the downtrend line has been broken, the last swing down did not yet take the low (usually it doesn't wait) and there is a divergence on the MACD. Options: we continue on the way down after a partial retrace of the last move. We target the trendline. It turns up for a bit,...
W1 and W2 are definitely in down swings, and MN is trying to join; this puts a strong down bias. And with MN getting involved, this down bias suggests that it is the MN returning down after a rally.

That most recent swing up on D1 is more likely to be the first impulse of a new up trend on D1. The current down move will likely end at a higher low, making it a mere pullback in the developing D1 up trend. But of course, the D1 down move must be monitored to see if it does indeed end as a pullback or as a return down.

H4/H8 have not yet made a convincing rally inside of this D1 down move, so it would not be a surprise if price turns up soon, especially considering the rather long down move of M5/M15/H1 that has no substantial retracement yet.

So, as can be seen, bias for "trend" direction is TF dependent, so that both buyers and sellers will have opportunities, depending on where they look.
To free Gazans of Hamas, use whatever it takes.
  • #772,139
  • Sep 3, 2023 4:53am Sep 3, 2023 4:53am
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Trade at your own risk.
  • #772,140
  • Sep 3, 2023 5:02am Sep 3, 2023 5:02am
“Life is 10% what happens to us and 90% how we react to it.” —Charles R. Swindoll
Trade at your own risk.
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