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Cable Update (GBPUSD)

  • #818,181
  • Mar 21, 2024 1:44pm Mar 21, 2024 1:44pm
Quoting Coreg2004
{quote} Dear Leon, everything posted on SM can be challenged... as you eloquently challenged my analysis in the past. The last time I checked it's not a requirement to post daily P/L on FF. If you want to show off it's your right but don't expect me to follow you. {image}
Oh Fuck, it is a post from July 2023 that got your butt hurt. Man get a life, I Hope I didn't break your heart. No showing off for me as it has always been a hard slog and grind for me. Unfortunately for you.
Cheers
Trade to trade another day
  • #818,182
  • Mar 21, 2024 1:51pm Mar 21, 2024 1:51pm
Quoting navk
150 pips drop !! Huge day. Friday, a retrace is imminent.
May be a bounce to 1.2680/90 then further crash to 1.25 area .. GBPJPY and Gold need to sell off after this historical highs.. they will drag GU down.
Data + Stat + Risk/Emotions Management
  • #818,183
  • Mar 21, 2024 1:52pm Mar 21, 2024 1:52pm
Quoting eyefeelsix
{quote} from what I've learned, I'd say that's true! All technical elements come from the natural human behavior, the prices will never fall if there are not buyers, that's what manipulation is for.
Yup its true. Todays it is buyers money, the next time it will be an event of either sellers money or again buyers money.
But the traders edge is mostly based on a pattern recognition, the only thing he can rely on, while not expecting same outcome.
So in todays case, downtrend external structure intact, trade in favor of that. Buyers get trapped while sellers win. Couple weeks ago, in the uptrend sellers money get trapped while the upward external structure intact, and in the end buyers win.
The tool we left to play with remain structure.
This pattern repeat on itself irrespective of uptrend or downtrend or pair.
More time in the market, does not mean you trade better!
  • #818,184
  • Mar 21, 2024 2:01pm Mar 21, 2024 2:01pm
Quoting Wavegarrick
{quote} Oh Fuck, it is a post from July 2023 that got your butt hurt. Man get a life, I Hope I didn't break your heart. No showing off for me as it has always been a hard slog and grind for me. Unfortunately for you. Cheers
Dear Leon, you shouldn't be shocked. You brought up Pat's (allegedly) post from 2012 or so.
Here, is my EW, HP analysis especially for you. Sure you know all about it. Note that HP can go outside of the range.
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Always trade your own plan...I don't provide trading signals.
  • #818,185
  • Mar 21, 2024 2:08pm Mar 21, 2024 2:08pm
Quoting billGU
{quote} i was pissed off after that RWC semi final too, but come on, its almost 6 months ago now; no need to still be holding a grudge over it
....is that the best you got ...
  • #818,186
  • Mar 21, 2024 2:12pm Mar 21, 2024 2:12pm
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To the attention of Pat. ___ Why do I see 5 waves down...????

  • #818,187
  • Mar 21, 2024 2:12pm Mar 21, 2024 2:12pm
Inserted Video
  • #818,188
  • Mar 21, 2024 2:17pm Mar 21, 2024 2:17pm
4H.............. 5 waves can be counted as 5 impulse waves DOWN................. OR an ABCD , which is corrective in nature...

You look your crystal ball [ with the help of my friend Bob Prechter ] and tell us what to do....

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  • #818,189
  • Mar 21, 2024 2:26pm Mar 21, 2024 2:26pm
Quoting F.g
{image} To the attention of Pat. ___ Why do I see 5 waves down...????
Probably because waves are subjective and most often you see what you want to see. Just what the subconscious mind does...
The subconscious mind is in control, not the conscious mind.
  • #818,190
  • Mar 21, 2024 2:30pm Mar 21, 2024 2:30pm
Quoting Coreg2004
{quote} Dear Leon, you shouldn't be shocked. You brought up Pat's (allegedly) post from 2012 or so. Here, is my EW, HP analysis especially for you. Sure you know all about it. Note that HP can go outside of the range. {image}
My reply to you had no reference to Patsi. What are you on about?????????? It sounds like you are typing in one voice
Trade to trade another day
  • #818,191
  • Mar 21, 2024 2:34pm Mar 21, 2024 2:34pm
Quoting eyefeelsix
{quote} in short, to become an expert in any field, you must know the underlying causes and effects how it all works
not really... in trading it often doesnt matter to know how it ALL works. People have been searching for no end on "how the banks manipulate and change price" and whatever comes with that... but the reality is.. we dont have to know.

We just need to flip a coin which is slightly weighted towards your favour.
Now you need to be able to flip the coin the same way hundreds of times without changing the coin. Even if it loses 3-4 times in a row or even more often.

BUT you do need to fully understand why you trade the way you do to be able to have confidence in your decision making
The subconscious mind is in control, not the conscious mind.
  • #818,192
  • Mar 21, 2024 2:38pm Mar 21, 2024 2:38pm
Quoting Coreg2004
{quote} Dear Leon, you shouldn't be shocked. You brought up Pat's (allegedly) post from 2012 or so. Here, is my EW, HP analysis especially for you. Sure you know all about it. Note that HP can go outside of the range. {image}
Sharing analysis on something that has already happened... always looks very good.
Maybe you share what you think is going to happen next.. since that's why people like to use EW right?
The subconscious mind is in control, not the conscious mind.
  • #818,193
  • Edited 3:06pm Mar 21, 2024 2:47pm | Edited 3:06pm
Quoting UST
{quote} Sharing analysis on something that has already happened... always looks very good. Maybe you share what you think is going to happen next.. since that's why people like to use EW right?
UST, you are a new member and I would say lazy. If you only check my posts' history, ...why rush with opinions before reseaching the guy? Bad day? did you come here swinging?
I posted the last chart for Leon so he knew what DD to expect if the price reached my targets.
Always trade your own plan...I don't provide trading signals.
  • #818,194
  • Mar 21, 2024 2:50pm Mar 21, 2024 2:50pm
Quoting Wavegarrick
{quote} Oh Fuck, it is a post from July 2023 that got your butt hurt. Man get a life, I Hope I didn't break your heart. No showing off for me as it has always been a hard slog and grind for me. Unfortunately for you. Cheers
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  • #818,195
  • Mar 21, 2024 2:52pm Mar 21, 2024 2:52pm
Quoting Coreg2004
{quote} UST, you are a new member and I would say lazy. If you only check my posts' history, ...why rush with opinions before reaching the guy? Bad day? did you come here swinging?
writing that I am rush with opinions and then making assumptions about me, not to forget you calling me lazy before making the statement.

Contradicting yourself in the same sentence... seems funny to me.

But well.. what do I know.. I am just a lazy new member that had a bad day. Whoopsie

Cheers
The subconscious mind is in control, not the conscious mind.
  • #818,196
  • Mar 21, 2024 2:58pm Mar 21, 2024 2:58pm
Quoting eyefeelsix
{quote} a simple analogy is a doctor and a patient, the doctor knows the contents of the medicine / pill you are taking so that you can recover from the disease. now it is your choice, you want to be a doctor or be a patient? goodluck for your trade friend
After weeks of taking the doctors pill and getting terrible side effects.... it turns out I just had to change my diet.

In trading I would trust only myself and my strategy, not what someone else suggests.

Trading is a very different game to any other jobs.
The subconscious mind is in control, not the conscious mind.
  • #818,197
  • Mar 21, 2024 3:01pm Mar 21, 2024 3:01pm
Quoting Wavegarrick
{quote} My reply to you had no reference to Patsi. What are you on about?????????? It sounds like you are typing in one voice
Yes but you had Patski in your mind as you posted, you're obessed, more Pat than me which makes me a little jealous ....
  • #818,198
  • Mar 21, 2024 3:02pm Mar 21, 2024 3:02pm
Quoting Whatevs
{quote} I can agree about currencies, but it's USD that will suck against Gold not the other way around, because the Fed will start destroying USD very soon. Every central bank is destroying it's own currency (to implement a new system), but some currencies will do better than others. Which currency will be the best of the worst hahah...
Gold is the most overrated POS..add to it BTC...but about Gold like what will you do with it?! Like buy coins and bars..hide it under your bed and wait for what?! 3000 dream
When it's already very overvalued...when China stop buying...puuf $1000
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #818,199
  • Mar 21, 2024 3:03pm Mar 21, 2024 3:03pm
Quoting ScalaFX
{quote}c'mon, 1.26 waiting
12h earlier is so close but today I Think is impossible, maybe tommarow? Or we are going one more time up?
People don't plan to lose. They lose because they don't plan.
  • #818,200
  • Mar 21, 2024 3:03pm Mar 21, 2024 3:03pm
Quoting UST
{quote} writing that I am rush with opinions and then making assumptions about me, not to forget you calling me lazy before making the statement. Contradicting yourself in the same sentence... seems funny to me. But well.. what do I know.. I am just a lazy new member that had a bad day. Whoopsie Cheers
UST, I don't assume anything. ..I have 2700 images, did you go through all of them to know if I posted them after the fact?
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Always trade your own plan...I don't provide trading signals.
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