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Cable Update (GBPUSD)

  • #826,121
  • May 16, 2024 7:16am May 16, 2024 7:16am
Quoting Konichiwhaat
{quote} Don't get me wrong, I'm not saying this to Jacoboms to be unkind... quite the opposite. Believing that price is gonna go anywhere in trading is devastating for the mind in the long run. Not even Bill Lipschutz knows where price is going. I want everyone here to do well. But trading with these beliefs is unstable
Exactly, that's why i liked your post. Using hard TPs seem to cause cutting winners early as well. If you got it right, why use tp, using trailing stops or positive SL seem like a better option.

And like you said, no one knows where the price is going, we get what the market gives. We can only guess
You have to have an IQ higher than 90 to interact with this user.
  • #826,122
  • May 16, 2024 7:17am May 16, 2024 7:17am
Audusd short... Gu next...
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My telegram: https://t.me/avidforex
  • #826,123
  • May 16, 2024 7:19am May 16, 2024 7:19am
Quoting Waveskierrob
{quote} {image}
you say this like it isn't also free to take the piss out of you guys
  • #826,124
  • May 16, 2024 7:20am May 16, 2024 7:20am
Quoting BeeTogether
{quote} and also if the top of that curve is touched it could act as a bounce up
We may likely break lower, no matter what, a correction at least!
My telegram: https://t.me/avidforex
  • #826,125
  • May 16, 2024 7:22am May 16, 2024 7:22am
Quoting trumps
{quote} I've never really learnt to use pivots, other than Fib levels. I have the multi timeframe pivot Indi and have put it on a chart to look for corresponding candle reactions to them in the past to see is a particular level has relevance, but never actually traded off them. Is there a particular sequence to look for when using them? IE combining daily, weekly, monthly levels? Daily pivots are too close for my trading approach, but monthly could have meaning for me.
Eg. This weekly R! level seems to have relevance based on Price reaction and TL
Attached Image(s) (click to enlarge)
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Compulsions can be hard to resist
  • #826,126
  • May 16, 2024 7:23am May 16, 2024 7:23am
Quoting trumps
{quote} I've never really learnt to use pivots, other than Fib levels. I have the multi timeframe pivot Indi and have put it on a chart to look for corresponding candle reactions to them in the past to see is a particular level has relevance, but never actually traded off them. Is there a particular sequence to look for when using them? IE combining daily, weekly, monthly levels? Daily pivots are too close for my trading approach, but monthly could have meaning for me.
i use pivots as areas of bounce usually. However there is also the support and resistance side of things. Which prove to be more useful to me.
Insane in the Brain..
  • #826,127
  • May 16, 2024 7:24am May 16, 2024 7:24am
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for 100 $
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yes yes yes
  • #826,128
  • May 16, 2024 7:26am May 16, 2024 7:26am
Quoting billGU
{quote} you say this like it isn't also free to take the piss out of you guys
Bill, i have a geniune question for you since you are the smarter one:

Since you guys don't post anything related to trading, but just here to troll like you admitted above, did we accidentally made you guys famous? And would you guys lose interest if we simply ignored you?

Coz in my theory, your relevancy depends on us. Your whole identity here is shaped around us. Thx
You have to have an IQ higher than 90 to interact with this user.
  • #826,129
  • May 16, 2024 7:27am May 16, 2024 7:27am
Quoting BeeTogether
{quote} i use pivots as areas of bounce usually. However there is also the support and resistance side of things. Which prove to be more useful to me.
That's what I was referring to with regards to a pivot being relevant, having past price action reacting to it. Can be useful tool to help find the S/R levels on the chart.
Compulsions can be hard to resist
  • #826,130
  • May 16, 2024 7:31am May 16, 2024 7:31am
market paused
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM15.15.5.2423.png Size: 12 KB
I'm high on trading, cant you tell?
  • #826,131
  • May 16, 2024 7:33am May 16, 2024 7:33am
What a shitty news move.
Gotta wait for the actual price to come in, in about 5 - 15 mins.
Exhausted
  • #826,132
  • May 16, 2024 7:33am May 16, 2024 7:33am
Quoting trumps
{quote} That's what I was referring to with regards to a pivot being relevant, having past price action reacting to it. Can be useful tool to help find the S/R levels on the chart.
at times.. I use pivots as place of interest when PA is hovering around it. Break it and we can see resistance and support. It’s a useful tool however as always in forex not a guarantee.
Insane in the Brain..
  • #826,133
  • May 16, 2024 7:39am May 16, 2024 7:39am
Quoting Nordling
{quote} Bill, i have a geniune question for you since you are the smarter one: Since you guys don't post anything related to trading, but just here to troll like you admitted above, did we accidentally made you guys famous? And would you guys lose interest if we simply ignored you? Coz in my theory, your relevancy depends on us. Your whole identity here is shaped around us. Thx
as long as looking at this website is less boring than trading, i will be here

if no one engaged with anything i said, would i post here? probably not, but this is not limited to me; if everything you posted was ignored, no one ever replied, how long would you keep shouting into the void? probably not long either, right? you know giving no reaction is the fastest way to get someone to stop picking on you, as does everyone, yet you, and others, continue to react. why? if you really do not like me, and you know exactly what it takes to get me to go away, why do you do the opposite?
  • #826,134
  • May 16, 2024 7:44am May 16, 2024 7:44am
Quoting billGU
{quote} as long as looking at this website is less boring than trading, i will be here if no one engaged with anything i said, would i post here? probably not, but this is not limited to me; if everything you posted was ignored, no one ever replied, how long would you keep shouting into the void? probably not long either, right? you know giving no reaction is the fastest way to get someone to stop picking on you, as does everyone, yet you, and others, continue to react. why? if you really do not like me, and you know exactly what it takes to get...
I don't "not like" you Bill, and this is exactly why . You are open to communication and you know when to switch to the real talk. I appreciate the answer.

Sadly can't say the same thing about Ferna as he is always hysteric
You have to have an IQ higher than 90 to interact with this user.
  • #826,135
  • May 16, 2024 7:47am May 16, 2024 7:47am
Quoting HaLBot
{quote} All I ask is you post trading insights, analysis and charts, preferably about Gbp/Usd seeing as this is Cable Update but I'll take any chart from any financial instrument just to see that you actually understand anything about the financial markets.... Anyway of to bed, it's 12.50am here in Melbourne but look forward to seeing your indepth analysis of Gbp/Usd tomorrow
ANALysis:
Now buy yourself something pretty, or something to sit on.
You have an IQ lower than 90 if you interact with this user.
  • #826,136
  • May 16, 2024 7:48am May 16, 2024 7:48am
Quoting Ferna
{quote} ANALysis: Now buy yourself something pretty, or something to sit on.
Real advice from a real femboy. Thanks for confirming us, now you can get back to stuffing yourself
You have to have an IQ higher than 90 to interact with this user.
  • #826,137
  • May 16, 2024 7:48am May 16, 2024 7:48am
Patiently waiting to hit 1.264
  • #826,138
  • May 16, 2024 7:49am May 16, 2024 7:49am
Need the daily pivot 12655 to break for a drop to S1 12620
Insane in the Brain..
  • #826,139
  • May 16, 2024 7:50am May 16, 2024 7:50am
Quoting Konichiwhaat
{quote} I hope you survive long enough in this business to realise one day that you will never make a statement like this ever again in a trading forum
I don't talk much, but when we get there, I'd let you know.
  • #826,140
  • May 16, 2024 7:53am May 16, 2024 7:53am
Quoting Sammih
market paused {image}
adding to shorts, sell limit as well.
Attached Image (click to enlarge)
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I'm high on trading, cant you tell?
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