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Cable Update (GBPUSD)

  • #798,781
  • Dec 24, 2023 4:17am Dec 24, 2023 4:17am
See if any of you can spot a fractal 5m tf Bitcoin
POSTMASTER
  • #798,782
  • Dec 24, 2023 4:21am Dec 24, 2023 4:21am
Inserted Video
POSTMASTER
  • #798,783
  • Dec 24, 2023 4:25am Dec 24, 2023 4:25am
Quoting Robinhood1
See if any of you can spot a fractal 5m tf Bitcoin
In fact, 3 fractals starting on the 22nd
POSTMASTER
  • #798,784
  • Dec 24, 2023 4:31am Dec 24, 2023 4:31am
Quoting Robinhood1
{quote} My calculation is around 3xxx points drop rate per day since 9th december. We may be into negative by now. Maybe negative is more than 2 decimales. Not sure what it is. I may be wrong Bitcoin should be trading at -4000 today. How are we good to solve the equation
Bitcoin should be trading at -4000 today. How are we good to solve the equation
POSTMASTER
  • #798,785
  • Dec 24, 2023 4:34am Dec 24, 2023 4:34am
Quoting Robinhood1
{quote} Bitcoin should be trading at -4000 today. How are we good to solve the equation
First, we will let the corp runout of amunicion
POSTMASTER
  • #798,786
  • Dec 24, 2023 4:43am Dec 24, 2023 4:43am
Breaking 43250 will be lethal
POSTMASTER
  • #798,787
  • Dec 24, 2023 4:55am Dec 24, 2023 4:55am
Quoting Robinhood1
Breaking 43250 will be lethal
yes! 30k? I tp at 34k ...
I got in 43.5k ... just on an up/down thought.
Should I be on the winning path, I will not wait for that tp ... it is set just in case a swan is passing by.
And now, that I am in, I will look a little more on it - and make some adjustments.
  • #798,788
  • Dec 24, 2023 5:21am Dec 24, 2023 5:21am
Quoting aa4fx
{quote} yes! 30k? I tp at 34k ... I got in 43.5k ... just on an up/down thought. Should I be on the winning path, I will not wait for that tp ... it is set just in case a swan is passing by. And now, that I am in, I will look a little more on it - and make some adjustments.
I totally agree with you. I cannot give you advise if this will finally happen. I am short too. Cheers
POSTMASTER
  • #798,789
  • Dec 24, 2023 5:39am Dec 24, 2023 5:39am
Quoting Robinhood1
{quote} I totally agree with you. I cannot give you advise if this will finally happen. I am short too. Cheers
Yep, I know ...
I said I was looking for some adjustments, but not much to do on a thing that's always flying. Maybe change direction, but I am not looking into that, for now.
Some other thoughts on why I sell, or looking into sell, is just that at one moment those big boys would like to take out all the kids (accounts) that dream on btc to 1+m and buying now like no tomorrow, ... so a massive sell will take out all those kids, and then will be alone on the buying path. Boring simple approach that many times works.
Is it at now 43.6k or at 50k or at ... I have no ideea. Maybe at a higher price some kids will go more in, more leverage and it will be even easier to be taken out ... Or it may be that it will never happen as those swans have their pride too.
  • #798,790
  • Dec 24, 2023 6:01am Dec 24, 2023 6:01am
My advice for the coming year....
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  • #798,791
  • Dec 24, 2023 6:23am Dec 24, 2023 6:23am
If it is the case, this is the plan.
it started to drop from 43.7k? -> ... 43.3k may be a small wall to 43.1k when I should exit.
...
edit: no more exit defined as it should be based on how it moves.
  • #798,792
  • Dec 24, 2023 6:38am Dec 24, 2023 6:38am
Quoting aa4fx
If it is the case, this is the plan. it started to drop from 43.7k? -> ... 43.3k may be a small wall to 43.1k when I should exit. ... edit: no more exit defined as it should be based on how it moves.
It dropped around 9% on dec 9th in a short space of time. It is enough to see a turno down coming. Crashes are not caused by MM. They get caught too. Its just natural squaring as i see it. The ingridients seem to be there now.
POSTMASTER
  • #798,793
  • Dec 24, 2023 7:02am Dec 24, 2023 7:02am
My advice for the coming year.
try not to advice what other traders should or not should do. Let everyone post freely, may they be right or wrong and if they are wrong don't call them muppets. There is no rule to be right. And if you want to act as a judge or police this is not the place for you.
POSTMASTER
  • #798,794
  • Dec 24, 2023 7:04am Dec 24, 2023 7:04am
Quoting Robinhood1
My advice for the coming year. try not to advice what other traders should or not should do. Let everyone post freely, may they be right or wrong and if they are wrong don't call them muppets. There is no rule to be right. And if you want to act as a judge or police this is not the place for you.
Now, if you are funded by Soros just to give an example or some kind of i may understand the behaviour
POSTMASTER
  • #798,795
  • Dec 24, 2023 7:24am Dec 24, 2023 7:24am
Bitcoin
nice showdown at this moment
POSTMASTER
  • #798,796
  • Dec 24, 2023 7:44am Dec 24, 2023 7:44am
50k upwards for bitcoin all time Highs then flatline then hard crash
  • #798,797
  • Dec 24, 2023 7:45am Dec 24, 2023 7:45am
it's forming a wedge on the 4 hour chart
  • #798,798
  • Dec 24, 2023 7:49am Dec 24, 2023 7:49am
Quoting Godspromise
50k upwards for bitcoin all time Highs then flatline then hard crash
Nice that we have an instrument that trades everyday
POSTMASTER
  • #798,799
  • Dec 24, 2023 7:54am Dec 24, 2023 7:54am
Quoting Robinhood1
{quote} Nice that we have an instrument that trades everyday
Back around 2008 when I was looking into FX, thinking that I could do it while in weekend ... 1st weekend, market closed! why? why? why? while all the adds were saying that it is 24/7.
  • #798,800
  • Dec 24, 2023 8:05am Dec 24, 2023 8:05am
been analysin UJ last week and today witht the upcoming rate cuts in 2024 and the elections and japan policy stance i think we will have a big crash up the UJ from 142-144 to 128 or worse 114-112 thats one of my swing trades from ten year to make it big Solusd shaping up nicely i believe this ending of 2023 and starting of 2024 is my year and begining to make it big i have now my chosen strategy that is working well for me trying to get trades right so im starting with small amounts of capital to teach myself discipline and patience but thanking God for life ill make it i know now 100k then to a million
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