Cable Update (GBPUSD)

Quoting Abeylyn

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{quote} Friend, It is the same subject that is being given different name. Basically, they are just the Daily, Weekly and Monthly Support Resistant Point which are meant to be broken or resisted by trends that unfold through Market Structure. It's really not possible to quantify or identify the strength of any level just as stated by you. It's a point to be referenced to protect oneself from being crushed. Just adding some spices because you know much more about the subject. Nice weekend.

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Quoting mallee

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{quote} So how does any retail currency trader make money?

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Quoting pipfarm

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{quote} Simple , most do not make any money or they get lucky then blow it all or they are in a constant cycle of win and give back win and give back

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Quoting Headland

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Interesting discussion above. All we know about previous fractal swing hi or lo's is that there existed an imbalance in supply over demand / demand over supply respectively, there in the past. On the spot/cash market. participants, as Pipfarm suggests, cannot tell whether there will exist such an imbalance again if challenged by price, - one way or the other, (let alone what type of orders may be there or above/below it respectively,) such that price breaks though it or bounces away from it (howsoever temporarily or longer.) As readers of this thread...

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Quoting Headland

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Interesting discussion above. All we know about previous fractal swing hi or lo's is that there existed an imbalance in supply over demand / demand over supply respectively, there in the past. On the spot/cash market. participants, as Pipfarm suggests, cannot tell whether there will exist such an imbalance again if challenged by price, - one way or the other, (let alone what type of orders may be there or above/below it respectively,) such that price breaks though it or bounces away from it (howsoever temporarily or longer.) As readers of this thread...

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Quoting Wavegarrick

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Just saying to my stalker. Makes me feel kind of famous like Stromedy and the Trench family. In case you haven't noticed I do not respond to you anymore.  Thanks to all the kind advice from the good folk here.

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Quoting Wavegarrick

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Just saying to my stalker. Makes me feel kind of famous like Stromedy and the Trench family. In case you haven't noticed I do not respond to you anymore.  Thanks to all the kind advice from the good folk here.

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Quoting Zebi

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good to see fighting breaking out for two whole days LOL with even other people joining in trying to settle old scores that only means one thing..... market reversal

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Quoting Wavegarrick

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It is tough when you have to admit that you are a stalker, like admitting being an alcoholic. The first step to recovery. A good sign nevertheless

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Quoting Zebi

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good to see fighting breaking out for two whole days LOL with even other people joining in trying to settle old scores that only means one thing..... market reversal

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Quoting dempire1

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{quote} It’s like a full time job arguing with 40 year old burger flipping basement warriors

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Quoting Abeylyn

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{quote} Its over 55 years old burger flipping basement warrior. Soooo, Take it easy.

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Quoting Abeylyn

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{quote} I didn't understand why there is always issue here until tagged as a victim of derogatory statement almost all the time. Couldn't hold it any longer hence d burst. We are hoping to see evidence of reversal but for now, no footprint except by someone with higher drawdown capabilities. Nice weekend bro.

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