Disliked{quote} The price will go below daily pivot first. Sometime during NY session/ after EU news, the price can spike. IMOIgnored
Cable Update (GBPUSD)
- #774,462
- Sep 13, 2023 9:21pm Sep 13, 2023 9:21pm
- Joined Oct 2010 | Status: Trader | 21,479 Posts
Intraday only.
- #774,463
- Sep 13, 2023 9:34pm Sep 13, 2023 9:34pm
- Joined May 2022 | Status: Trader | 8,035 Posts
im gona go short again if this hourly GU candle closes red
gona short again if this hourly candle closes red
lovely, beautiful
i placed a tp at 2450 on all my shorts on GU
and short more on gold too
that tp is 1906will short another one on GU if this hourly candle is red
im done shorting on gold..that shiney metal is stubborn as hell about going down LOL
edit: meant 1907 on gold..my fat fingers always cause typos
short trump and go long the deepstate
- #774,464
- Sep 13, 2023 9:45pm Sep 13, 2023 9:45pm
- Temporarily Suspended | Joined Jul 2021 | 3,677 Posts
{quote} For example, if everybody would go long UJ, the market movers would steal all their money by causing the price to retrace until all the longs are stopped out, and most traders are going short, then slam the price back up to a new high, stopping the shorts out, and those whose longs got stopped out, now have to enter new longs at a higher position.Repeat the process over and over. That's what explains all those up and down waves within a trend. It's market moving manipulation, designed to steal your money.
...
Here, one of the infinite example behind the psychological of newbie trader in their decision process using Lowest timeframe possible, Lagged indicator.
AU chart
I once continuously being caught on the wrong side because of certain price action pattern and lagged indicators.
For instance, when the Engulfing pattern is formed with confirmation and/or the EMA scissoring on the chart confirms the signal, that shit is history. Well positioned big traders start taking profit(meaning price is far from Liquidity pool- Support/resistance).
This is why you trade the level (the liquidity level) not the price action itself. You dont know if it will work at the time of buying/selling at the support or resistance respectively. In fact, nobody does, but you can learn how to chose which level is most probably target using different theories under different market situation.
More time in the market, does not mean you trade better!
{quote} Heyyy I'm finna sue you for copyright infringementBut yea I now hope we've seen the last of 2500 for at least the next 12hrs
I knew I read it but couldn't find it...so it was you who wrote it
- #774,468
- Sep 13, 2023 11:13pm Sep 13, 2023 11:13pm
GU:My subjective opinion
The downtrend led by GU H4 continues and has now rebounded from the sharp decline and has risen to the H4EMA, but it is coming to an end.
Currently, the H4 Yin line is consolidating into a small Candle, which will lead to a small rebound and a downward Bears on the next bar.
However, I am concerned about today's CPI, so it may be a good idea to check for strong movements.
The downtrend led by GU H4 continues and has now rebounded from the sharp decline and has risen to the H4EMA, but it is coming to an end.
Currently, the H4 Yin line is consolidating into a small Candle, which will lead to a small rebound and a downward Bears on the next bar.
However, I am concerned about today's CPI, so it may be a good idea to check for strong movements.
- #774,472
- Sep 13, 2023 11:37pm Sep 13, 2023 11:37pm
- Joined May 2020 | Status: Best trader ever to exist ever | 10,701 Posts
{quote} new edit: sorry this is so looong. not intended. just kept on typing. learned so much had to share it. i'm arnold. i think like arnold. not pc. i'm not concerned about philosopical truth. i do my trading for real results and money so this is my motivation. when i stood back and put my personal feelings out of it i looked at it to see reality not opinion. i spent time searching to draw up a kinda map exctly as peter described to be factual about it. no opinions. no beliefs. no accepted anything interfering at first. i looked at this site....
, maybe give us an example of what you've researched of what is true and where we're all going wrong... - #774,473
- Sep 13, 2023 11:56pm Sep 13, 2023 11:56pm
- Joined Dec 2017 | Status: Trader | 30,688 Posts
yes yes yes
- #774,475
- Sep 14, 2023 12:12am Sep 14, 2023 12:12am
- Joined Aug 2010 | Status: absolute beginner | 5,464 Posts
trading is like dancing, don't think and just listen to the music!
- #774,476
- Sep 14, 2023 12:25am Sep 14, 2023 12:25am
- Joined May 2021 | Status: Trader | 7,225 Posts
Good morning 
Im shorting EU 0750, will add some till 0770, TP 0690
Im shorting EU 0750, will add some till 0770, TP 0690 People don't plan to lose. They lose because they don't plan.
- #774,478
- Sep 14, 2023 12:29am Sep 14, 2023 12:29am
- | Membership Revoked | Joined Jul 2021 | 140 Posts
{quote} This was a very good read, not too long at all. I like your style of writing, declaring what you've learned and now know.
I believe simple is best
- #774,479
- Sep 14, 2023 12:35am Sep 14, 2023 12:35am
- | Membership Revoked | Joined Jul 2021 | 140 Posts
{quote} So many words but still unable to answer my simple question but thanks for trying...
where youre going wrong? thats your job to find out correct. i know how this place works. the individual needs to do own research. crowd has no interest in learning. gave heaps of examples. please go look it up yourself.
I believe simple is best
- #774,480
- Sep 14, 2023 12:55am Sep 14, 2023 12:55am
- Joined Aug 2010 | Status: absolute beginner | 5,464 Posts
trading is like dancing, don't think and just listen to the music!