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Cable Update - Continued 61 replies

Cable (GBPUSD) vs Euro (EURUSD) 27 replies

Cable Update (GBP/USD) without Idiots 23 replies

Why is GBPUSD called cable? 66 replies

cable short for gbpusd? 6 replies

Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

Quoting joe123
{quote} Still long and holding. Usdx is bearish below new supply's that have been created on 4h. This is bullish for eurusd and gbpusd. But I would expect some kind of reversal to test this supply which in the short term will be bearish eu gu. {image} Demand for USDX is here. But my bet is it'll be short term if any. Target is back at the source of the move up on daily. {image}
Bullish:

Still bullish in my veiw, and depending on overnight trading, we could get a strong bullish engulfing candles to the up side if we can break above 1.2516. Haven't looked at USDX lower time frames, so be warned.

Bearish:

If we do get a minor pull back, I would expect 1.2490 to act as a support. Any move down to that level I will buy again.

Again, havnt checked out USDX and prob should!
Attached Image (click to enlarge)
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Indicators only Indicate, Price action dictates.
Quoting Zebi
{quote} funny you should bring that up cause of course GU is going back there LOL let me explain...over the course of these past months ive posted a set of charts having to do with japans intervention. just last week i posted a chart of GU stupidity..these are all daily and weekly charts...im tired of telling people to lift their nose out of the 1 or 5 min charts cause theyll get brain damage from watching them LOL. if you want to know the future you have to look at the weekly chart at minimum...weekly/quarterly and of course yearly....

ive been saying for the longest time to look at hier timeframes to "see" the future... i never knew that there were people using portals and wormholes like in startrek to come "from" the future LOL

FF seems like a landing zone for them with pat chiko and bella.al both from the future

i wonder how many other aliens hang out on FF?
stay with the 5% contrarians not the 95% losers
Sell GU here at 1.2511

Quoting trumps
{quote} So everyone in here who posts hindsight trades, is running paid courses or looking for money? That’s your thought process??. What about people who pretend to be people they aren’t to lift their profile on this thread? Oh that’s right, we are to move past inconvenient relics of the past and move onto to a bright future of presumptuously assassinating the character of others. Now I Get you Pat
Originally, as you claimed it that the words "hindsight" was only for Gerrick, but now you're saying it's for everyone.
These are what yuo claimed.... Not me.

You need to decide which one you stand by.
You can't keep changing your mind every time you post.
I see you're trying to sidetrack me from answering Gerrick's question.

We can go on like this for weeks without ever reaching a conclusion.
If I give you my answer, you'll just find another question to ask from a different angle.

The original question was about hindsight, and I've already answered it.

You're pushing this too hard and getting your words mixed up.

Go out side , walk , drink some water or get something to eat.
Let me finish me reply.
I come from the future.
dont forget gentlemen... a holiday where pretty much everyone that can afford to like NYSE and CME traders all leave on vacation to celebrate thanksgiving with their far away relatives so this week will prolly close as an inside candle and go up further next week

What is the busiest travel day for Thanksgiving?
Historically, the Tuesday and Wednesday before Thanksgiving and the Sunday afterward are the busiest travel days, according to TSA. The agency is projected to screen about 2.6 million people on Tuesday, Nov. 21; 2.7 million people on Wednesday, Nov. 23, and 2.9 million passengers on Sunday, Nov 26

thats why i shorted twice already cause i think price will fall to 2470 and might even to 2440
stay with the 5% contrarians not the 95% losers
Quoting Wavegarrick
{quote} Pat, I truly do not want to argue with you but I need to understand something. What do you classify as a real trade? You post your foresight anaylysis for your adoring followers: Fair enough and everyone is expecting a nice drop to your target level. {image}In your follow up post you post your trades 2hrs later leaving your adoring followers sitting with sell trades and underwater. and you are high and dry with your buy trades at the perfect entry point in a big fat profit. {image} Is this what you call a real...
Opening Statement

I selectively read posts that I find relevant and engaging.
I appreciate the user who drew my attention to your post.

Your post has piqued my curiosity and prompted me to examine the underlying question.
Is this a curve-fitting exercise (cherry pick) or a genuine attempt to understand my real-time trading decisions?

Given the benefit of the doubt and my commitment to assisting other traders in improving their chart reading and trading skills, I will interpret your question as a sincere request for clarification.

I will not let negative connotations cloud my assessment of your question.
I come from the future.
Quoting Pat Chiko
{quote} Opening Statement I selectively read posts that I find relevant and engaging. I appreciate the user who drew my attention to your post. Your post has piqued my curiosity and prompted me to examine the underlying question. Is this a curve-fitting exercise (cherry pick) or a genuine attempt to understand my real-time trading decisions? Given the benefit of the doubt and my commitment to assisting other traders in improving their chart reading and trading skills, I will interpret your question as a sincere request for clarification. I will...
Chart Sequesnce and linked post

As many users are aware, FF offers a unique feature that allows you to track a post and the preceding link, enabling a continuous analysis and projection process that closely aligns with the chart's real-time movements.

This feature empowers both members and non-members to trace the entire sequence of events leading up to the precise moment a trading decision was made.

The chart provided in my post is just a snapshot of the broader analytical framework I employ to make and execute trades.
I come from the future.
Just like to say I went LONG @1.12444 x10 closed @ 1.12518 74 pips x 10 = 740 pips...
Soon To Be Temporarily Suspended Again
AIRLINES
Airlines brace for record Thanksgiving air travel


https://www.cnbc.com/2023/11/18/than...assengers.html
stay with the 5% contrarians not the 95% losers
Quoting Pat Chiko
{quote} Chart Sequesnce and linked post As many users are aware, FF offers a unique feature that allows you to track a post and the preceding link, enabling a continuous analysis and projection process that closely aligns with the chart's real-time movements. This feature empowers both members and non-members to trace the entire sequence of events leading up to the precise moment a trading decision was made. The chart provided in my post is just a snapshot of the broader analytical framework I employ to make and execute trades.
Your chart reference

While you have presented two charts from Post #790.859 and Post #790.951, for those with a deep understanding and unwavering conviction, these represent a mere fragment of what I term 'curve fitting.

Let's retrace our steps and return to the original starting point where this trade was initiated.
These are all my post related in sequesnce prior to your question.
https://www.forexfactory.com/thread/...2#post14658272

https://www.forexfactory.com/thread/...8#post14658668

https://www.forexfactory.com/thread/...7#post14659537

https://www.forexfactory.com/thread/...7#post14660277

https://www.forexfactory.com/thread/...9#post14660279

https://www.forexfactory.com/thread/...6#post14660676

https://www.forexfactory.com/thread/...1#post14660711

https://www.forexfactory.com/thread/...0#post14660730

From the above you only pick only two of my earlier posting without taking into the question all the subsequest posting.
This is like another :Hindsight" comment trying to find last week post to fit into this week narrative.
I come from the future.
Quoting Pat Chiko
{quote} Originally, as you claimed it that the words "hindsight" was only for Gerrick, but now you're saying it's for everyone. These are what yuo claimed.... Not me. You need to decide which one you stand by. You can't keep changing your mind every time you post. I see you're trying to sidetrack me from answering Gerrick's question. We can go on like this for weeks without ever reaching a conclusion. If I give you my answer, you'll just find another question to ask from a different angle. The original question was about hindsight, and I've already...
I did nothing more than respond to your post when you asked why a person would post hindsight trades other than to run paid courses. I’m not tripping over anything, just highlighting your desire to presumptuously attack the character of others. But as usual, once an argument becomes inconvenient and the questions become uncomfortable, you over complicate and obfuscate the whole issue, which also precisely what you have done in response to Waegarricks straight forward post.
Compulsions can be hard to resist
Pulchra All Time Return: -88.4%
Quoting Pat Chiko
{quote} Your chart reference While you have presented two charts from Post #790.859 and Post #790.951, for those with a deep understanding and unwavering conviction, these represent a mere fragment of what I term 'curve fitting. Let's retrace our steps and return to the original starting point where this trade was initiated. These are all my post related in sequesnce prior to your question. https://www.forexfactory.com/thread/...2#post14658272 https://www.forexfactory.com/thread/...8#post14658668 https://www.forexfactory.com/thread/...7#post14659537...
Date of chart chosen.

As I have repeatedly emphasized, I value real-time interactive engagement.
Comments and trade posts made in hindsight, such as your post from November 17th, offer limited value.

Building upon my initial post, I have embarked on a series of posts that track price movements and provide in-depth analysis along the way, aiming to gain a deeper understanding of the underlying sentiment and potential outcomes. (from 17th onward until today)

Following my initial two posts (which you used to quote my post), I subsequently provided four additional posts that meticulously detailed the thought process behind my trade execution.

I presume you have intentionally overlooked these posts, as your actions suggest you are driven by a predetermined agenda of selective prosecution.
I come from the future.
Quoting trumps
{quote} I did nothing more than respond to your post when you asked why a person would post hindsight trades other than to run paid courses. I’m not tripping over anything, just highlighting your desire to presumptuously attack the character of others. But as usual, once an argument becomes inconvenient and the questions become uncomfortable, you over complicate and obfuscate the whole issue.

trumps...you have to separate the man from the analysis

whether hes a douchbag or not doesnt take away from his analysis...i dont know if he trades his shaded areas or not or if he even did in the past and i dont care but his 4H charts are pretty good and in sync with old time support/resistance even if he uses that stupid ICT jargon
stay with the 5% contrarians not the 95% losers
Quoting Pat Chiko
{quote} Date of chart chosen. As I have repeatedly emphasized, I value real-time interactive engagement. Comments and trade posts made in hindsight, such as your post from November 17th, offer limited value. Building upon my initial post, I have embarked on a series of posts that track price movements and provide in-depth analysis along the way, aiming to gain a deeper understanding of the underlying sentiment and potential outcomes. (from 17th onward until today) Following my initial two posts (which you used to quote my post), I subsequently provided...
Process or signal ?

When I post in real time, I am genuinely sharing my thought process for the specific instrument (in this case, GBP/USD).

I have emphasized that my posts are not trade signals, but rather a reflection of my ongoing analysis.
I will not enter a trade until the price action aligns with my predefined trading criteria.
If the price doesn't align, I will continue to monitor and analyze the chart as it evolves.

Trading is inherently dynamic.
It's not a static endeavor that adheres to a single set-up.
Price movements demand constant adaptation, and as a dynamic trader, I move alongside the market, anticipating and plotting the next move.


To draw a parallel, when a coach assigns you the role of a left fullback, your primary responsibility is to defend the left flank from opposing attacks.
However, in a situation where you are the second-to-last defender guarding your goal and an opponent is attacking from the right side, wouldn't it be imperative to engage the opponent?
Imagine your coach's reaction if you were to say, 'Sorry, coach, I'm a left fullback; the right side is not my area of responsibility.
I come from the future.
Quoting Zebi
{quote} trumps...you have to separate the man from the analysis whether hes a douchbag or not doesnt take away from his analysis...i dont know if he trades his shaded areas or not or if he even did in the past and i dont care but his 4H charts are pretty good and in sync with old time support/resistance even if he uses the stupid ICT jargon
I like his analysis also Zeb. But that’s clearly not my issue with him. It’s his passive aggressive attacks on others and his character assassination of them for posting trades after they are made that troubles me. You see, I am separating this man from his analysis. In fact that is precisely what I am doing.
Compulsions can be hard to resist
Pulchra All Time Return: -88.4%
Quoting Pat Chiko
{quote} Process or signal ? When I post in real time, I am genuinely sharing my thought process for the specific instrument (in this case, GBP/USD). I have emphasized that my posts are not trade signals, but rather a reflection of my ongoing analysis. I will not enter a trade until the price action aligns with my predefined trading criteria. If the price doesn't align, I will continue to monitor and analyze the chart as it evolves. Trading is inherently dynamic. It's not a static endeavor that adheres to a single set-up. Price movements demand constant...
Similar to trading

Similarly, in trading, we must engage with price movements constantly.
We must recognize and respond to price breaking through support and resistance levels, retracing to liquidity zones, forming flag patterns, ranging, and consolidating.
That's why my post are in series link to each other. Which you conveniently picked up the " two hindsight" post , without taking the newer post.

These factors are crucial considerations for a professional trader.
Unfortunately, many traders (95%) overlook these intricacies and rely on indicators to generate trading signals.
I come from the future.
Quoting Pat Chiko
{quote} Hi Dan. Cool Bro. I no fight with anyone. Traders thrive in the heat of intense discussions and exchanges, where their minds clash and insights ignite. Amidst this intellectual sparring, my memes playfully interject, offering a momentary respite from the trading frenzy. Need to catch up a bit to read last few pages of posting, as I was out whole day.
well thats not true Pat
you are constantly in a fight wit certain traders.
You use derogatory remarks
You use gay slurs and misgendering to insult
You do like to bully others and you are very good at it.

try to focus on trading and not fill the thread with walls of text
in wondering about yourself, you forgot what you came here to be part of
Fucking thunder and lightening from where I'm standing ...
Soon To Be Temporarily Suspended Again
Quoting Pat Chiko
{quote} Similar to trading Similarly, in trading, we must engage with price movements constantly. We must recognize and respond to price breaking through support and resistance levels, retracing to liquidity zones, forming flag patterns, ranging, and consolidating. That's why my post are in series link to each other. Which you conveniently picked up the " two hindsight" post , without taking the newer post. These factors are crucial considerations for a professional trader. Unfortunately, many traders (95%) overlook these intricacies and rely on...
Trade Process Statis/Dynamic.

Quote 1 : One of the simpler quote from trader is "Trading is a reactive process"
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This emphasizes the dynamic nature of trading and the importance of adapting to changing market conditions.
Professional traders are constantly monitoring price movements and adjusting their strategies accordingly.
They don't rely on rigid rules or pre-defined plans, but rather react to the unfolding market dynamics.

Quote 2 : Real-time commentary and insights are highly valued.
Opinions derived from hindsight will be disregarded into the trash can
Quoting Pat Chiko
{quote} GU -Opinions derived from hindsight will be disregarded into the trash can.{image}
I posted this warning as it is relevance of real-time trading commentary and insights.
Traders value information that helps them make informed decisions in the moment, as opposed to post-hoc analysis that provides little value for real-time trading decisions.

If other traders in this forum primarily post hindsight charts and provide hindsight-based comments, I find it unproductive to engage in such discussions.

I could conveniently select a previous hindsight post of yours and present it now as a poor trading decision.

However, that is not my approach.
I rarly comment on other traders' trades unless specifically requested to do so.
I come from the future.
Quoting Pat Chiko
{quote} Trade Process Statis/Dynamic. Quote 1 : One of the simpler quote from trader is "Trading is a reactive process" {image} This emphasizes the dynamic nature of trading and the importance of adapting to changing market conditions. Professional traders are constantly monitoring price movements and adjusting their strategies accordingly. They don't rely on rigid rules or pre-defined plans, but rather react to the unfolding market dynamics. Quote 2 : Real-time commentary and insights are highly valued. Opinions derived from hindsight will be disregarded...
Folllower

Regarding my followers, their understanding of my trading approach extends beyond your perception.
I have engaged in numerous conversations with them, and they fully grasp my charting methodology and the thought process behind my trade executions.

You have no standing to dictate their opinions or dictate how they should interpret my posts.
Even my critics and non-followers eagerly read my posts to gain insights into my thought process.

You, however, seem intent on misconstruing my actions and portraying me as a purveyor of unreliable trading signals.
Such a narrative is not only inaccurate but also unfair.
I come from the future.
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