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Cable Update (GBPUSD)

  • #789,701
  • Nov 12, 2023 11:54am Nov 12, 2023 11:54am
Quoting KareemAliFx
{quote} is okay this is the most active thread and posting other pairs here is nice for people to get validation from others. I wanna post a USDCAD short idea but on the USDCAD thread there is nobody there
DUH! If you post here your USDCAD material instead of on the USDCAD thread, then OF COURSE there won't be anybody there!
To free Gazans of Hamas, use whatever it takes.
  • #789,702
  • Nov 12, 2023 11:55am Nov 12, 2023 11:55am
Quoting Waveskierrob
{quote} What's this post got to do with trading GU...
About the same as posts about USDCAD.
To free Gazans of Hamas, use whatever it takes.
  • #789,703
  • Nov 12, 2023 11:56am Nov 12, 2023 11:56am
Quoting mkvy
{quote} so will GBP/USD go up or down on monday
Have not got a frigging clue...never have..
  • #789,704
  • Nov 12, 2023 12:03pm Nov 12, 2023 12:03pm
Quoting knkie
{quote} Id say H4 is still in bear mode, M15 is in an up swing Back to short is it breaks 2211-2214 zone
I agree
H4 in GU already retrace ~ 61% of D1 HL to HH

But the catch is with EU which is still in the premium area. If EU were to produced a good retracement of D1 (to at least 1.0615 (D1 kink) or better 1.057 daily OB (an OFRA will be produced) this will produced a new leg down for GU may be to 1.2120 1hr OB - which happens to be a lot of shorts got stuck and those big bullish engulfing candle is due to red economic data. A re-equilibrium at this may be a good to buy again- indicating big banks' HFT took place there.


Considering EW, you can refer to Mr Eyefeelsix EW count. Wave v of Wave C is yet unfold.
Shorting now from risk to reward perspective is not a good decision unless for scalping. Better to wait for long setup.
More time in the market, does not mean you trade better!
  • #789,705
  • Nov 12, 2023 12:13pm Nov 12, 2023 12:13pm
Quoting Fardeen1209
{quote} I agree H4 in GU already retrace ~ 61% of D1 HL to HH But the catch is with EU which is still in the premium area. If EU were to produced a good retracement of D1 (to at least 1.0615 (D1 kink) or better 1.057 daily OB (an OFRA will be produced) this will produced a new leg down for GU may be to 1.2120 1hr OB - which happens to be a lot of shorts got stuck and those big bullish engulfing candle is due to red economic data. A re-equilibrium at this may be a good to buy again- indicating big banks' HFT took place there. Considering EW, you...
im not really into EW
but if i see his chart correctly, price would still go down to 118 zone
https://www.forexfactory.com/attachm...9?d=1657299139

thats still quite a drop
in wondering about yourself, you forgot what you came here to be part of
  • #789,706
  • Nov 12, 2023 12:53pm Nov 12, 2023 12:53pm
Quoting Waveskierrob
{quote} Have not got a frigging clue...never have..
so you dont trade it but you are here?
  • #789,707
  • Nov 12, 2023 12:56pm Nov 12, 2023 12:56pm
Quoting mkvy
{quote} so you dont trade it but you are here?
you should know by now Rob flips a coin.
With good MM and RR you can still come out on top
in wondering about yourself, you forgot what you came here to be part of
  • #789,708
  • Nov 12, 2023 1:00pm Nov 12, 2023 1:00pm
Quoting mkvy
{quote} so you dont trade it but you are here?
never said I didn't trade it, you need to read posts a little better, I said I don't know which way it will go and never have ...again here to help if you want it ...
  • #789,709
  • Nov 12, 2023 1:01pm Nov 12, 2023 1:01pm
Quoting DrDave
{quote} About the same as posts about USDCAD.
Yes, we mostly trade cable, but we trade some other trades from time to time. It is not a crime to post other trades here rarely.
Keep your profits strong.
  • #789,710
  • Nov 12, 2023 1:02pm Nov 12, 2023 1:02pm
Everything moves until a point of resistance at which time it moves either up or down, just like the concept of force. As someone told me the money is only made in the buying or the selling.
  • #789,711
  • Nov 12, 2023 1:07pm Nov 12, 2023 1:07pm
Quoting Waveskierrob
{quote} never said I didn't trade it, you need to read posts a little better, I said I don't know which way it will go and never have ...again here to help if you want it ...
these comments may lead to further investigation as soon as Twee wakes up
  • #789,712
  • Nov 12, 2023 1:08pm Nov 12, 2023 1:08pm
Quoting Waveskierrob
{quote} never said I didn't trade it, you need to read posts a little better, I said I don't know which way it will go and never have ...again here to help if you want it ...
Rob, a bit of topic but interesting for you i think:

research has now shown that it actually is no 50-50 when flipping a coin.
The side that is facing upward will have a better chance.
in fact 50.8%
in wondering about yourself, you forgot what you came here to be part of
  • #789,713
  • Nov 12, 2023 1:08pm Nov 12, 2023 1:08pm
Quoting mkvy
{quote} these comments may lead to further investigation as soon as Twee wakes up
Brilliant .....
  • #789,714
  • Nov 12, 2023 1:10pm Nov 12, 2023 1:10pm
Quoting knkie
{quote} Rob, a bit of topic but interesting for you i think: research has now shown that it actually is no 50-50 when flipping a coin. The side that is facing upward will have a better chance. in fact 50.8%
....shit that's why I keep losing my money...
  • #789,715
  • Nov 12, 2023 1:13pm Nov 12, 2023 1:13pm
Quoting knkie
{quote} Rob, a bit of topic but interesting for you i think: research has now shown that it actually is no 50-50 when flipping a coin. The side that is facing upward will have a better chance. in fact 50.8%
Coin facing up sounds like buy to me. So if he goes long all the time he'll have a 50.8% chance of winning.
  • #789,716
  • Nov 12, 2023 1:18pm Nov 12, 2023 1:18pm
Quoting Mitiblotch
{quote} Coin facing up sounds like buy to me. So if he goes long all the time he'll have a 50.8% chance of winning.
haha

or just decide what heads/tails means AFTER the toss
in wondering about yourself, you forgot what you came here to be part of
  • #789,717
  • Nov 12, 2023 1:21pm Nov 12, 2023 1:21pm
Quoting knkie
{quote} haha or just decide what heads/tails means AFTER the toss
but I use coin flip app so I'm ok ...
  • #789,718
  • Nov 12, 2023 1:23pm Nov 12, 2023 1:23pm
Quoting Waveskierrob
{quote} but I use coin flip app so I'm ok ...
do you use a pound coin to flip?
  • #789,719
  • Nov 12, 2023 1:24pm Nov 12, 2023 1:24pm
Quoting mkvy
{quote} do you use a pound coin to flip?
see above...
  • #789,720
  • Nov 12, 2023 1:25pm Nov 12, 2023 1:25pm
Quoting mkvy
{quote} these comments may lead to further investigation as soon as Twee wakes up
twee ain’t gonna do shit if people are posting about other pairs here. This thread is owned by someone who hasn’t been on in over a decade. So it’s our freedom to post whatever pair we want but keeping it trading related. You want to keep crying over this then go create your own Gbpusd thread . Go call it GBPUSD ONLY like the fool ata
Master your mind. Master Trading.
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