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Cable Update (GBPUSD)

  • #772,941
  • Sep 6, 2023 8:13am Sep 6, 2023 8:13am
Quoting AlfieSolomon
testing buy on GJ {image}
Bagged 20 Pips
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  • #772,942
  • Sep 6, 2023 8:13am Sep 6, 2023 8:13am
Quoting Elysion
{quote} The wicks says otherwise though. I'm seeing weaker selling power, buyers are protecting the area.
The last 4hr candle print a lower low and lower high candle, but the overall closed candle formation is bullish one. Buyers still holding the place, but we should not ignore at 1.25652 where support becone resistance in this choppy range on 1hr tf.
More time in the market, does not mean you trade better!
  • #772,943
  • Sep 6, 2023 8:15am Sep 6, 2023 8:15am
Quoting Fardeen1209
{quote} Nobody has conquered anything with $200 account. Just saying. When someone is learning, a small account instead demo is a must, and is a completely different thing compared to someone who know and come from the "real world" and still trading in a $200 account after 10years+ tells everything you need to know
Yes take suggestions from the pimple section of the world !! That'll end well.

If you cannot do "trading" with a small/very small account forget doing it with anything larger. FACT OF LIFE. IF you keep lots of notes on everything you do while learning with a small account + your external research, you will naturally surpass all the floozies online. That's how it works. Not sitting on websites with your thumb up your ass and talk shit and shit and "feel knowledgeable".

That is why I suggest to people to go do thorough research for 6 to 12 months minimum without any "trading" so you actually learn something instead of merely wanting to "press buttons" and "hooooope".

If you don't possess common sense then look up what it is and get some.

What kind of a fuckin moron are you for stating I've been trading for 10yrs with a 200 buck account ??

So how would anything you and your noddles say on here be even REMOTELY reasonable to take seriously or "learn from" ?

So you're dipstick is just not workin hah. Well THAT'S a surprise.

Here's what I know about you all ......

You talk about stuff that really, has no weight on the markets as a whole. It keeps the kiddies happy and pre-occupied..... and quiet and away from the real stuff.

Cheers.

Peter
Real Trading is not gambling.
  • #772,944
  • Sep 6, 2023 8:15am Sep 6, 2023 8:15am
EUR/GBP sell to 8420 area for a swing or use adr for target today.. if it goes higher i add more
  • #772,945
  • Sep 6, 2023 8:16am Sep 6, 2023 8:16am
Quoting Fardeen1209
{quote} The last 4hr candle print a lower low and lower high candle, but the overall closed candle formation is bullish one. Buyers still holding the place, but we should not ignore at 1.25652 where support becone resistance in this choppy range on 1hr tf.
Do you mean resistance become support instead of SbR haha
Currently 1.256 is an area where buyers need to break through to go higher.
Exhausted
  • #772,946
  • Sep 6, 2023 8:17am Sep 6, 2023 8:17am
Quoting GEfx
{quote} OK Peter, first things first. You are full of crap. You are an uneducated, bloviating POS. You have never clearly expressed an idea related to currency trading. You have no basic understanding of currency valuation. You are an idiot. The topic of this thread is the GBP/USD. That means that the discussions here focus on the fluctuations in the exchange rate. One of the key components of the fundamental comparisons between the GBP side and the USD side is...manufacturing growth. Manufacturing growth has an impact on currency valuations because...
yes yes good on ya.

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Real Trading is not gambling.
  • #772,948
  • Sep 6, 2023 8:21am Sep 6, 2023 8:21am
sth. happened. PLN is dropping, Ukraine? Any news?
  • #772,949
  • Sep 6, 2023 8:21am Sep 6, 2023 8:21am
Quoting dantpm
{quote} So are they trapping those entering short or those already in and long?
YES! Exactly a 2-way trap.
To free Gazans of Hamas, use whatever it takes.
  • #772,950
  • Sep 6, 2023 8:22am Sep 6, 2023 8:22am
And for Beetogether ..... here buuuuddy ....

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Real Trading is not gambling.
  • #772,951
  • Sep 6, 2023 8:22am Sep 6, 2023 8:22am
Quoting Fardeen1209
{quote} The last 4hr candle print a lower low and lower high candle, but the overall closed candle formation is bullish one. Buyers still holding the place, but we should not ignore at 1.25652 where support becone resistance in this choppy range on 1hr tf.
Fardeen, I agree. 1.2565 is also YCL, WL, and today's NY Open. If GU is going up this level has to be taken out.
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Always trade your own plan...I don't provide trading signals.
  • #772,952
  • Sep 6, 2023 8:23am Sep 6, 2023 8:23am
Quoting DrDave
{quote} YES! Exactly a 2-way trap.

OOOOOHHH NOOOO !

I think they call that ===== market movement. Watta ya think ??? Any surprises there?
Real Trading is not gambling.
  • #772,953
  • Sep 6, 2023 8:23am Sep 6, 2023 8:23am
Quoting Moty
Again and again When you will get enough mf ? {image}
I'm with you
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I have no clue where it's going
  • #772,954
  • Sep 6, 2023 8:23am Sep 6, 2023 8:23am
Quoting Elysion
{quote} Do you mean resistance become support instead of SbR haha Currently 1.256 is an area where buyers need to break through to go higher.
The arrow one SRF (i use RSF and SRF interchangeably on my chart)
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EDIT:
If you zoom out you can see the strength of the RSF level
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More time in the market, does not mean you trade better!
  • #772,955
  • Sep 6, 2023 8:26am Sep 6, 2023 8:26am
How nice... IR from BoC and ISM Services in the same time...
Wait... BoC to raise rates!? Hmm...
  • #772,956
  • Sep 6, 2023 8:26am Sep 6, 2023 8:26am
Quoting PeterCaleb
{quote} OOOOOHHH NOOOO ! I think they call that ===== market movement. Watta ya think ??? Any surprises there?
No. Absolutely no surprise whatsoever.
To free Gazans of Hamas, use whatever it takes.
  • #772,957
  • Sep 6, 2023 8:27am Sep 6, 2023 8:27am
Quoting dantpm
{quote} Best way to deal with Peter. {image}
Well, to make a long story short, I'm not even sure why we're still discussing this....
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  • #772,958
  • Sep 6, 2023 8:27am Sep 6, 2023 8:27am
Quoting Fardeen1209
{quote} The arrow one SRF (i use RSF and SRF interchangeably on my chart) {image}
Ah yeah, after giving it a thought I was confused by myself.
Yes you're correct.
I'm dumb hah, probably exhausted frm looking at the charts
Exhausted
  • #772,959
  • Sep 6, 2023 8:29am Sep 6, 2023 8:29am
Quoting boodvah
{image} loose trade no sl no tp im just assuming we will get some bearish choch
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been teaching myself to code lately so haven’t been actively trading. It looks like I got in early in a medium time frame 1-2-3 move. Still no sl or tp.
be a thinker before being a reacter
  • #772,960
  • Sep 6, 2023 8:30am Sep 6, 2023 8:30am
I think I'll follow up on the Short signal on USD/CAD I have..
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