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Cable Update (GBPUSD)

  • #776,721
  • Sep 20, 2023 9:41am Sep 20, 2023 9:41am
Quoting cablekingdom
I just want to know one thing --- Everybody talks abt market structure & it is clearly evident that GU is forming LH, LL on larger timeframes then y are still PPL bullish on GU.....on what basis, being newbie trader, i just want to understand the rationale behind it
Mainly because they have some "magic" indicator that is telling them that this is the low. You know, like Bollinger Bands, stochastics oversold, some pivot support hit, a Fib number hit, some kind of price action, some "critical" level has been reached, and various other guesses. If you feel the urge, you can simply go back to an earlier point in the thread and start finding these periods, then look for yourself on your charts and see what
was REALLY going on.
To free Gazans of Hamas, use whatever it takes.
  • #776,722
  • Sep 20, 2023 9:48am Sep 20, 2023 9:48am
Quoting Zebi
{quote} is that permissible on FF to change peoples quotes?...ill have to ask twee what he thinks he just came back from vacation {image}
Sure it is. Nearly anything that would not cause legal issues is permissable. Even most of the things that are in the Code of Conduct are permitted to be violated with impunity, as you can observe from the postings in this thread alone.
To free Gazans of Hamas, use whatever it takes.
  • #776,723
  • Sep 20, 2023 9:48am Sep 20, 2023 9:48am
GU UPDATE ---- just woke up and all positions in profit. would have liked better to see gu not up this far atm.. possible spike down with news then up but if you are not long already dont follow me
  • #776,724
  • Sep 20, 2023 9:50am Sep 20, 2023 9:50am
Quoting cablekingdom
I just want to know one thing --- Everybody talks abt market structure & it is clearly evident that GU is forming LH, LL on larger timeframes then y are still PPL bullish on GU.....on what basis, being newbie trader, i just want to understand the rationale behind it
I've explained a few times as to why I have a bullish bias currently, you can check out my other posts.
  • #776,725
  • Sep 20, 2023 9:51am Sep 20, 2023 9:51am
Quoting cablekingdom
Is GU on drugs?
No. You are simply witnessing the movement of price in a chaotic orbit of a strange attractor. The movement, although deterministic, often appears as though it is random.
To free Gazans of Hamas, use whatever it takes.
  • #776,726
  • Sep 20, 2023 10:02am Sep 20, 2023 10:02am
Quoting JoshLauder98
{quote} Zebi why do this, I thought you were on the bull side

i was bullish because of the 4H buy signals one on friday and one on monday i got plus a daily but the overnite spike down invalidated those so in my opinion price will pierce the weekly low of my booger line and could go up from there since will be a retest of a swing low so draw a line from that weekly low at 2308and put a buy limit order there like i said earlier today if your bullish...like on my chart

one more thing i always try to post the chart timeframe why i took the entry like i did earlier sayin 15 min qand hourly

if people dont do that just ask cause may just be a intraday trade as opposed to multi day swing trade...some people like being mysterious so they dont say why they entered a trade
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short trump and go long the deepstate
  • #776,727
  • Sep 20, 2023 10:07am Sep 20, 2023 10:07am
i went short on the hourly close but this a late post cause was writing to josh and my fat fingers not so good at speed typing LOL
short trump and go long the deepstate
  • #776,728
  • Sep 20, 2023 10:08am Sep 20, 2023 10:08am
Quoting Zebi
i got 2 sell signals which i took the first one on the 15 min and will short again if hourly closes under 2403 in 25 min
Now that price went even further to close below 2400, did you manage to reload your shorts still?
  • #776,729
  • Sep 20, 2023 10:10am Sep 20, 2023 10:10am
Quoting Zebi
short GU 2398 is that ok with you bones cause i think price will revisit 2340
it's not okay with me because that ship sailed already, if you're asking it looks like a loser
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #776,730
  • Sep 20, 2023 10:12am Sep 20, 2023 10:12am
Quoting BrainBucks
{quote} Now that price went even further to close below 2400, did you manage to reload your shorts still?

i got 1 short at 2398 off 15 min and one short at 2399 off hourly plus a sell limit at 2420 so if doesnt fall before the fed announcement most likely will after on the spikes
short trump and go long the deepstate
  • #776,731
  • Sep 20, 2023 10:14am Sep 20, 2023 10:14am
Quoting T721
GU UPDATE ---- just woke up and all positions in profit. would have liked better to see gu not up this far atm.. possible spike down with news then up but if you are not long already dont follow me
recently closed all positions in a small profit after holding for hours. Not jumping in before the news.
Secret to the Price Action is Liquidity.
  • #776,732
  • Sep 20, 2023 10:18am Sep 20, 2023 10:18am
cashout some profit b4 Fed mess it up , record some profit for the week.
MY OPINION NOT FINANCIAL ADVISE
  • #776,733
  • Sep 20, 2023 10:20am Sep 20, 2023 10:20am
Quoting iusman23
{quote} recently closed all positions in a small profit after holding for hours. Not jumping in before the news.
Well done better small win than small loss pal

Going out for coffee and caffeine, back in few hrs to see whats going on
  • #776,734
  • Sep 20, 2023 10:21am Sep 20, 2023 10:21am
Quoting donfriday
cashout some profit b4 Fed mess it up , record some profit for the week.
  • #776,735
  • Sep 20, 2023 10:41am Sep 20, 2023 10:41am
Quoting Moty
{quote} Another 10 pips , come on {image}
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yes yes yes
  • #776,736
  • Edited 10:56am Sep 20, 2023 10:42am | Edited 10:56am
Quoting Bones
{quote} it's not okay with me because that ship sailed already, if you're asking it looks like a loser

this is why i value your expert opinion so much bonzey
\
you better check the proprller and rudder on your boat cause it didnt sail that far away LOL
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short trump and go long the deepstate
  • #776,737
  • Sep 20, 2023 11:00am Sep 20, 2023 11:00am
Quoting Zebi
{quote} i got 1 short at 2398 off 15 min and one short at 2399 off hourly plus a sell limit at 2420 so if doesnt fall before the fed announcement most likely will after on the spikes

im puttin in a sl to protect profits just under BE

left my sell limit order in incase
short trump and go long the deepstate
  • #776,738
  • Sep 20, 2023 11:08am Sep 20, 2023 11:08am
Quoting TheWraith
{quote} What? Sorry Whale, it's too early in the morning and I don't understand your question... or are you just being ironic hahah?
why ironic?
i wanna know where do you get the news that you post here?
  • #776,739
  • Sep 20, 2023 11:13am Sep 20, 2023 11:13am
Quoting Zebi
{quote} im puttin in a sl to protect profits just under BE left my sell limit order in incase

jerkoffs got me

will keep taking short signals on hourly
short trump and go long the deepstate
  • #776,740
  • Sep 20, 2023 11:19am Sep 20, 2023 11:19am
Still hoping for the end of the war 1.1945...
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