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Cable Update (GBPUSD)

  • #846,341
  • Nov 25, 2024 2:08pm Nov 25, 2024 2:08pm
Quoting T721
{quote} I am well done I can show it all the time. nobugger is interested, just keep making money Are/Can you? i am....and not interested in bragging bout it. too busy trading... dont need a te my charts speak better than i can... the onlycunt needing to see my statements are me ex-wife
Some questions arised by me which are strange and doesn’t make sense. My own trading both manual and automated showed me that Technical Analysis was not profitable (i don’t use TA) but I sometimes play around with TA for entries (all automated ofc) and its always slower than pure % calculations and ending up losing money.

What my head can’t grasp is how people make consistent money trading TA? FX is zero sum - market mechanics “structure” is built that way. Compared to stocks where everybody can make money.

And so confidently say that they(you) can see supply/demand, trade like banks and all that shit… so im curious. How? And all I get in return are candlesticks and SR lines and all that. And when I ask but why this line not that line or why this HH not that HH then nobody can give adequate answer or gives answer without proof.

Everything is consequence of something. But in FX trading world, people seem to believe in miracles.
How to succeed in zero sum game?
  • #846,342
  • Nov 25, 2024 2:13pm Nov 25, 2024 2:13pm
Quoting vinesh1
{quote} Relax my friend. Just exchange trade ideas and move on.
I am exchanging ideas. Think with me
How to succeed in zero sum game?
  • #846,343
  • Nov 25, 2024 2:13pm Nov 25, 2024 2:13pm
Quoting dempire1
{quote} Some questions arised by me which are strange and doesn’t make sense. My own trading both manual and automated showed me that Technical Analysis was not profitable (i don’t use TA) but I sometimes play around with TA for entries (all automated ofc) and its always slower than pure % calculations and ending up losing money. What my head can’t grasp is how people make consistent money trading TA? FX is zero sum - market mechanics “structure” is built that way. Compared to stocks where everybody can make money. And so confidently say that they(you)...
Im not trying to pick on you pal, and not trying to be adick about answering but it really would take me too long to explain by typing here. the video i did explaining took almost 3hrs..... maybe someone who has viewed it will tell you if i talk bullshit or there was a tiny useful takeaway from it . Like i said if anyone who seen the recording think im talking out myass then say so for everyone in this thread to see... i got thick skin and wont kick you out the tg group and as you know i dont proclaim to get every trade right but when i do i know where to hold thefucker to
  • #846,344
  • Nov 25, 2024 2:15pm Nov 25, 2024 2:15pm
Quoting dempire1
{quote} I am exchanging ideas. Think with me
I am exchanging ideas.


Always good to exchange ideas.... we can never stop learning
  • #846,345
  • Nov 25, 2024 2:15pm Nov 25, 2024 2:15pm
Quoting T721
{quote} I am exchanging ideas. Always good to exchange ideas.... we can never stop learning
Ive been doing this forever and still learning
  • #846,346
  • Nov 25, 2024 3:36pm Nov 25, 2024 3:36pm
Quoting Zebi
dollar gona fall gentlemen especially after the international criminal courts arrest warrant for netyahoo and his murderous cohorts spurred them to agree to a ceasefire with lebanan and one close to with hamas ...too bad they didn't issue those arrest warrants 6 months ago last friday gona be the blowoff top I posted yesterday everything reverting back to where price was on nov 5th especially the dollar cause now will drop to 100 since republicans control the government for the next two years {image}

Lindsay Graham the crazy war hawk is saying they'll put sanctions on the arses of any country that arrests Bibi plus there's also an item in the constitution that says if an American is being held in the jail at the Hague they can forcibly come and get the person out. Like to see that happen, what a diplomatic nightmare
I hope to see Bibi in a tiny cell for sometime then hung slowly from his neck along with all his mates who engaged in genocide

There are massive gas reserves of the coast of the Gaza Strip, something like 7 trillion cubic feet.....
Don't Leave Money on the Table
  • #846,347
  • Nov 25, 2024 3:39pm Nov 25, 2024 3:39pm
Quoting T721
{quote} Im not trying to pick on you pal, and not trying to be adick about answering but it really would take me too long to explain by typing here. the video i did explaining took almost 3hrs..... maybe someone who has viewed it will tell you if i talk bullshit or there was a tiny useful takeaway from it . Like i said if anyone who seen the recording think im talking out myass then say so for everyone in this thread to see... i got thick skin and wont kick you out the tg group and as you know i dont proclaim to get every trade right but when i...
Hey TT just been watching your first video, very informative
Don't Leave Money on the Table
  • #846,348
  • Nov 25, 2024 3:55pm Nov 25, 2024 3:55pm
Quoting HaLBot
{quote} Hey TT just been watching your first video, very informative
  • #846,349
  • Nov 25, 2024 3:57pm Nov 25, 2024 3:57pm
Quoting HaLBot
{quote} Hey TT just been watching your first video, very informative
listen on 2x speed so you dont have to put up with my dulcet tones
  • #846,350
  • Nov 25, 2024 5:53pm Nov 25, 2024 5:53pm
Love the dollar strength in tonight’s Asian session ! Caught a nice gold short too
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Master your mind. Master Trading.
  • #846,351
  • Nov 25, 2024 7:13pm Nov 25, 2024 7:13pm
Quoting Abeylyn
{quote} BRB around 00.30/1:00 GMT to look for a Buy Scalping set-up. What happens here inside LTF repeat itself on HTF.
Settings for Buy not complete before breakdown.

Need to wait for breakout of 1.24866/1.2511 zone which signal Trend Continuity to downside and Sell at Pullback.

Alternatively, look for Buy Setup as price touches the edge of the zone. Technical evidence to Buy must be sighted.
Market Structure is the King.....
  • #846,352
  • Nov 25, 2024 7:23pm Nov 25, 2024 7:23pm
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Looking at the daily GU, price needs to pullback to highlighted zone EWN2 before long term trend can unfold.
Market Structure is the King.....
  • #846,353
  • Nov 25, 2024 7:49pm Nov 25, 2024 7:49pm
Quoting Zebi
dollar gona fall gentlemen especially after the international criminal courts arrest warrant for netyahoo and his murderous cohorts spurred them to agree to a ceasefire with lebanan and one close to with hamas ...too bad they didn't issue those arrest warrants 6 months ago last friday gona be the blowoff top I posted yesterday everything reverting back to where price was on nov 5th especially the dollar cause now will drop to 100 since republicans control the government for the next two years {image}
i was seeing the same thing and im noticing the supply areas forming on multiple pairs for buys to come in
  • #846,354
  • Nov 25, 2024 7:59pm Nov 25, 2024 7:59pm
So the gaps been closed, where to from here because suddenly Cable doesn't look to have the strength it did yesterday?
Don't Leave Money on the Table
  • #846,355
  • Nov 25, 2024 8:43pm Nov 25, 2024 8:43pm
Quoting HaLBot
So the gaps been closed, where to from here because suddenly Cable doesn't look to have the strength it did yesterday?
I'm at breakeven short EU' and have a pending short GU. DXY doesn't know if it's Arthur or Martha atm. I Like Trump, but I wish he'd shut up.
  • #846,356
  • Edited 11:44pm Nov 25, 2024 8:57pm | Edited 11:44pm
Morning , checking pa , same before , daily under resistance but not on support , gap filled , so now test and breaks previous be important, bottoming effects likely. Breaks 2486 and ultimately hold may test 2444 next support ! Take care
Range can be 2560 +- to 2444:

Smaller tf , now breaks 2542 limit likely test minimum correction 2545 to 51/56 , burst up possible for 60+/79 + before next to bottom test ! If 42 protect then may try bottom test early !
Tl 2550 breaks was so smooth , , may retest before breaks up limit 63 to 79 plus move.

Retest pullback 2550 , signal/ correct, 1st confirmation 2547 and tl sr 45 also and top failure only breaks and hold 2538 , better over now limit 42 .:so bounce intact for next or one last leg up for 2579 plus move. And looks not easy even to go there 2570 may get strong resistance and may start short if ok .
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #846,357
  • Nov 25, 2024 10:09pm Nov 25, 2024 10:09pm
[quote=HaLBot;15071234]So the gaps been closed, where to from here because suddenly Cable doesn't look to have the strength it did yesterday?[/quote
]
High probability Buy or Sell

But buyers are gathering momentum for now...
Market Structure is the King.....
  • #846,358
  • Nov 25, 2024 10:35pm Nov 25, 2024 10:35pm
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Market Status RANGING until breakout of base.

My perspective. Other contributions would be appreciated.

Risk management is key.
Market Structure is the King.....
  • #846,359
  • Nov 25, 2024 11:15pm Nov 25, 2024 11:15pm
Quoting Abeylyn
{image} Market Status RANGING until breakout of base. My perspective. Other contributions would be appreciated. Risk management is key.
Looking for a scalping buy around 1.2542/(-12) pips.

A single trade entry @ 0.500 Fibb. level.

Technical evidence to buy must be sighted before entry.

Risk Management is key.
Market Structure is the King.....
  • #846,360
  • Nov 25, 2024 11:29pm Nov 25, 2024 11:29pm
Quoting Moty
{quote} Mf !!!!!!! Now you remember to go up After my account was blown with long trades Now i am on a break until.8th of December {image}
I will be back with unexpected funds at London open with long entry
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yes yes yes
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