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Cable Update - Continued 60 replies

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

Crooky pa
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Quoting felinex
Dear Navk, your nervous reaction shows that I have touched a discovered nerve... An experienced and pro trader like you , should not fear a simple question, like mine
An advice to you.

Try to :

1. Create a tech or funda system

2. Trade that system for some months.

3. Never ever follow anybody including me. Because experienced people follow risk management principles and get out of wrong trades.

You will never know they got out of wrong trades, you still will be on trade.

At the end loose your account and blame the one whom you followed.

This is only advice, and i am lecturing you becos i have now no trade open.

This is my last reply to you.
Intraday only.
Quoting voeltoez
temporary suspended.. thank you master TWEE
This must be lesson to those who pass hatred here.
Intraday only.
Quoting fxmasterdxb
manipulative GU I have seen it before, I knew it’ll go down eventually {image}
thats huge lot bro..be carefull
Cease Fire. Free Palestine
Quoting voeltoez
{quote} thats huge lot bro..be carefull
dont worry im on the safe side money management wise
1.2685 - 1.2695 is Resistance.
Quoting felinex
{quote} YOu can always go cry to Twee, as usual. BUT , of course , you didn't answer my question: why don't you post some real time operations?
Felinex, @navk is not obliged by your request. This thread is not a free trading signals service. We discuss and present our methods of trading here, nothing else. If you have any questions or you need help with something just ask. I'm sure someone will help you.
Possible plays for the rest of the day. Help yourself.
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Always trade your own plan...I don't provide trading signals.
4 straight winners
Turned 17 $ to 33 $
This is fucking good
This is a 200 % profit on the eqvity
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...since that prev 30min sw hi zone (shown by red arrow,) formed there have been 3 x 30min attempts to get north of it. The prev 30min sw lo zone @ current dly lo has also just been tested and so far held as supp.

1hr below
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Intraday swing trader @ 1Hr+ supp/res, & 5min+ sbr/rbs, via 1min+ set-ups
Quoting Zebi
i dont think it needs sayin and i feel foolish pointing it out but dollar daily will prolly give me a buy signal today ..its hit my projection of 102.50 on futures so shud bounce to 104 now only thing preventing a buy signal on my dollar daily chart would be if ringling brothers circus came to town yesterday had no TA reason for dollar to drop which put me in DD on all my shorts... price shud return to thanksgiving levels first before a bounce back to these heights for christmas never trust a rally or drop started on a major american holiday...
Yes, i made that mistake trusting that drop and it cost me 50pips, i kept wondering why i trusted it so much knowing it was thanksgiving week
and it was a no movement week for US. I later came to conclusion that it was the fact that i knew i will only lose 1 and will make up to 4 or more if i was right and so that brought Ego and also i couldn't stand to see 200 pips move without me. Lol

This emotions do sneek up on us time to time to remind us that we are Humans so we can be humble
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
Quoting ScarBack
{quote} Any real guru here can tell us when will Cable and Gold start falling?

scarback...you asked me yesterday when the fall will start but we dont know your trading style

i told you i got a daily sell signal on gold yesterday and its down today


are you a scalper or swing trader? do you use all your margin and then squirm in the chair cause your groin begins to tingle and hurt like you had to take a mean piss LOL...are you a prop trader or real money account?

all these things matter in who and and what kind of answer youll get

if youre a scalper ask moty...hes very good trading 1 and 5 min charts but he loses cause he cant control his greed...he wont take profits and sits in losses so if you close while youre in profit or use a trailing stop youll get rich if you follow him
stay with the 5% contrarians not the 95% losers
Quoting Pat Chiko
{quote} GU Thanks for the chart. I copy you target H4 OB {image}
Quoting fontu
{quote} lets see what happen .; may same crazy to do the rest for target! anyway checking dx , after breaks and back a major sr nover 61.8fibs % , over supports may try correct upm short term or just up down in the bottom formation before the same . if bottom formation then easily gu may get the target too ! so risk there for both ways . nothing in straight line formula! . take care {image} {image} {image} {image} {image}
FONTU........., thanks for the helpful info and the awesome chart! It's really clear and well-organized..

Quoting Headland
Hello, where the current hi of the day/Asian hi found resistance is old news - (a prev 4hr/dly sw hi zone = prev res = pot res that extends up to 2747, @/around Wkly R2.) On the p/back from there 4hr has printed a HL and 1hr; 2 x LH's, a L, and a LL, and what might turn out to be a 3rd LH? 1hr+ general uptrends remain intact though. The bulls are trying to make a break higher whilst above the 4hr HL, the prev 1hr/minor 4hr sw lo zone extending down to which has been tested and has thus far held as supp. 1hr below {image}...
Headland,....... your chart and analysis are top-notch!
I see how the MM is trying to trap both buyers and sellers, but the overall structure looks solid. Price is just filling up the H1 FVG to absorb liquidity and trigger stop losses.

GU

Note : LTF, set up and thougt process, with price filling up H1 FVG for LQ grab.

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I come from the future.
For 16.5 pips
11 pips sl
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My special magic bullseye indicator is saying around 1.2953 in 6 days time, around 1346 GMT
XM All Time Return: 11.4%
Quoting mkvy
My special magic bullseye indicator is saying around 1.2953 in 6 days time, around 1346 GMT

good to know cause ill get a daily GU sell signal if candle closes under 2700 today
stay with the 5% contrarians not the 95% losers
Quoting Wavegarrick
{quote} Well it turns out that my 61.8% at 1.27182 was respected. Setting up for a sell trade from an hourly perspective. Cheers. {image}
Gu is rejecting off my daily pivot at 1.26772. I am not comfortable with this and have closed some sell trades. Technically speaking Gu is ready for a retrace downwards. I'd rather await more clarity. A possible retest of 1.27000 once more. An hourly close above 1.2700 should shift the momentum to the upside. Not clear but better to be on the safe side.
Cheers.
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Trade to trade another day
Quoting Coreg2004
{quote} Felinex, @navk is not obliged by your request. This thread is not a free trading signals service. We discuss and present our methods of trading here, nothing else. If you have any questions or you need help with something just ask. I'm sure someone will help you. Possible plays for the rest of the day. Help yourself. {image}
Felinex, @navk is not obliged by your request. This thread is not a free trading signals service. We discuss and present our methods of trading here, nothing else. If you have any questions or you need help with something just ask. I'm sure someone will help you.
Possible plays for the rest of the day. Help yourself.
Well said
B4 Elvis there was nothing
...23.6% of the 2448-2732 move (ie the last dly swing HL to current dly hi) is @ current dly lo.

1hr bullish hidden div is still present @ current dly lo despite it coming @ a 2nd LL on that t/f, this though equating to a potential L on 4hr...not optimum - would be better as a signal if it were @ a HL on that higher t/f's trend.

4hr then 1hr below
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Intraday swing trader @ 1Hr+ supp/res, & 5min+ sbr/rbs, via 1min+ set-ups
Quoting Coreg2004
{quote} Felinex, @navk is not obliged by your request. This thread is not a free trading signals service. We discuss and present our methods of trading here, nothing else. If you have any questions or you need help with something just ask. I'm sure someone will help you. Possible plays for the rest of the day. Help yourself. {image}
Mine chart is almost the same as yours, Sir.
Just i see a prolonged retracement.

Am trying to integrate the Pattern analysis- Wave counts + Greater in time and/or Price correction + Dynamic Price strategies by Robert Miner (still in the middle of the book, but try to apply it in real time- easier to understand and remember the concept.)
And I came to this
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Previously i counted it and reached wave 5 but the problem comes with retracement, we do not have a decent retracement, and this type of movement in structure usually happen in Wave 3 and the move tend to be extended with no decent retracement comes in between, which just happens.

Now based on my counts, Wave ii had 5 daily bars retracement and ~240pips. Wave iv need to at least exceeds one of these 2 thresholds, to count it as wave iv, which would be greater than any retracement in wave iii (pip value and/or duration)?
Not afraid to be wrong, ik what am goin to lose!
Quoting felinex
{quote} Yes, I am a newbie, and so what ? And of course you didn't answer my question: why don't you post some real time operations?
navk is not here to give you signals, entry points, targets etc --- and he posts plenty analysis everyday... A top trader
B4 Elvis there was nothing
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