Cable Update (GBPUSD)

Quoting HaLBot

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I need to up my game when it comes to understanding liquidity in the forex market and this video gives a straight forward approach to it. Hope others can get something out of this?? https://www.youtube.com/watch?v=nwWn85GuiR8

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Quoting Vincent1

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{quote} Are the last 2 weekly candles spinning tops?

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Quoting Bones

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{quote} Hello Vincent This week is a spinning top, if it was all relatively higher I would feel more bearish. {image}

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Quoting T721

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{quote} agree Bones, am jus looking for sells this week around 128area and looking for 150-200pip drop

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Quoting Bones

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{quote} Hello Vincent This week is a spinning top, if it was all relatively higher I would feel more bearish. {image}

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Quoting hoda

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{quote} SMC_Old wine in a new bottle. Old wine(Supply-Demand) = New bottle(SMC) The same as before just rebranded, got a new name or a fresh label. If you want to learn more about "long term trading" follow Wavegarrick. If you want to learn more about "Supply-Demand" follow Pat Chiko. If you want to learn more about "discipline" follow navk. If you want to learn more about "Wave analysis" follow Coreg2004. {image}

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Quoting T721

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{quote} Warning to others ==== dont follow me i dont have a clue what im doing

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Quoting Waveskierrob

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{quote} me neither I just hope and prey...

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Quoting hoda

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{quote} SMC_Old wine in a new bottle. Old wine(Supply-Demand) = New bottle(SMC) The same as before just rebranded, got a new name or a fresh label. If you want to learn more about "long term trading" follow Wavegarrick. If you want to learn more about "Supply-Demand" follow Pat Chiko. If you want to learn more about "discipline" follow navk. If you want to learn more about "Wave analysis" follow Coreg2004. {image}

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Quoting stevepatt

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{quote} Hi Hal, I have no idea how much Liquidity Retail Stops Provide to the Market But, I don't think it is enough for Institutions to be able to Load Up their Orders without Price Slipping Significantly Retail Stops will get Hit as a Consequence of Institutions Seeking Liquidity but not for the Sole Purpose of filling Institutions Orders Very Large Oders might take Institutions Months to Fill if they want them Filled within Certain Price Limits This is why Price keeps Circulating around the same Price Levels The guy...

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Quoting azhantahir

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{quote} Agreed, SMC only rebranded disciplines. It's more complicated if we don't have any basics with OHLC, OLHC, HL, SnR, SnD, PA, Pattern, Structure, CRS etc. Also, need extra confirmations for buying or selling like the other methodologies. For me just simple, all disciplines are good for us. Discipline is a guideline. A consistent and profitable trader started with good discipline. We are in the games of probabilities and not in the games of certainties.

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Quoting donfriday

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Place 1 trade daily for 5 days your chance to win 2-3 is 50% your chance to lose 2-3 is 50% your chance to breakeven the week is 50% with risk 1:2 you will come out successful why do you think trading is hard or market going for your stops. Success is at your fingertips

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Quoting donfriday

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{quote} people want to make name for themselves but end up making this harder i only care about price, for 1 reason i am 99% sure that if price open at B it either go A or C

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Quoting _BBKing_

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{quote} ...................If price breakes a trendline, you fucking wait the confirmation of what is happening mostly because 1. The trendline you draw is probably wrong 2. Market doesn’t care a shit about trend lines. It’s a good after the fact technical tool. I never used them as trade decision since a trendline appears after price confirmed a support at least twice, so before that, there is no trendline............
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Quoting Coreg2004

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{quote} BBKing, I think you would be closer to the truth if you said you didn't find a way to profit from using them, yet. I, on the other hand, use them and it works for me well. Allow me to give you an idea of how to benefit from it (if you wish). Here is the 5M chart from last Friday with TLs/channels that I use extensively when taking the trade of EW setups. {image} and the day before when I marked the triangle. {image} You can read more about it by clicking on this link. https://forex-indicators.net/cycle-i...ott-waves/plan...

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Quoting Zebi

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{quote} hes a fraud cause he doesnt trade...he makes his money from youtube views and mentorships or something like that...hes just a salesman he stole everything in his system from the oldtimers a 50-100 years ago...gave everything new names and the 20somethings buy into it all he does is show support/resistance trading and thats it his FVG is just the plain ole long candles midpoint that traders have used for a century LOL his quasimodo is just a damn head and shoulders pattern his order block is nothing more than an inside candle.... so the shit...

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Quoting Zebi

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{quote} EXACTLY it isnt algos or MM's or anything else the conspiracy theorists pull out of their asses to blame their losses on... what moves markets is this group of pension funds these guys use monthly and quarterly and yearly charts to trade... if you watch cnbc and you hear them say some sectors are being killed cause of rotation to another its these guys doin it not some bullshit algo in some knuckleheads imagination...for example when money moves from brokerages into semiconductors so for the guy that keeps saying markets cant be...

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Quoting Coreg2004

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{quote} BBKing, I think you would be closer to the truth if you said you didn't find a way to profit from using them, yet. I, on the other hand, use them and it works for me well. Allow me to give you an idea of how to benefit from it (if you wish). Here is the 5M chart from last Friday with TLs/channels that I use extensively when taking the trade of EW setups. {image} and the day before when I marked the triangle. {image} You can read more about it by clicking on this link. https://forex-indicators.net/cycle-i...ott-waves/plan...

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