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Cable Update (GBPUSD)

  • #846,521
  • Nov 27, 2024 5:51am Nov 27, 2024 5:51am
Quoting Headland
{quote} Hi. Yes, civilized people can do that without throwing insults around, even if some ideas put forward might run contrary to their own. They are not threatened by them and understand that they can do them no harm. They retain an open mind to other ideas, and don't believe a couple of articles they came across on the internet to be 'gospel,' with all the fervour/intellectual enquiry of an average 'A' level student, just because they support their own narrow narrative, borne only of their own experience. There are no exponents like the converted...
I only asked questions
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How to succeed in zero sum game?
  • #846,522
  • Nov 27, 2024 5:58am Nov 27, 2024 5:58am
Quoting dempire1
{quote} I only asked questions {image}

nobody can answer that...me included.

It must be Climates change effects ?

Take care Bro
I come from the future.
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  • #846,523
  • Nov 27, 2024 6:01am Nov 27, 2024 6:01am
Quoting Pat Chiko
{quote} nobody can answer that...me included. It must be Climates change effects ? Take care Bro
Answer what?
How to succeed in zero sum game?
  • #846,524
  • Nov 27, 2024 6:01am Nov 27, 2024 6:01am
Quoting HaLBot
{quote} Looks to me Euro is well bid now so 1.0620 in the next couple of days I'm tipping but all it requires is some tiny piece of negative news and the market shits itself
Same on GU. If this resistant could hold, the tendency of breaking below is very strong.

Selling with good risk/reward at this point would be a nice roller coaster.
Market Structure is the King.....
  • #846,525
  • Nov 27, 2024 6:16am Nov 27, 2024 6:16am
Quoting dempire1
{quote} Answer what?
Quoting dempire1
{quote}Some questions arised by me which are strange and doesn’t make sense.
Must be the climate change effect.

Bro. you wrote it, the just a reminder........

Aggression won’t make you win, calmness can.

Take care
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #846,526
  • Nov 27, 2024 6:19am Nov 27, 2024 6:19am
You Hops around 24/7 to view the steps. Increased a Score Card and yet term the major players Fools.

Pride comes before a fall. Surely it will occur earlier than expected.

No matter whatever, Every useless fool has something unique.
Market Structure is the King.....
  • #846,527
  • Nov 27, 2024 6:21am Nov 27, 2024 6:21am
Quoting Pat Chiko
{quote} nobody can answer that...me included. It must be Climates change effects ? Take care Bro
CABLE


Help me with this.

I can't be sure this will work out in my favor.
However, this LTF setup is based on HTF analysis.

Therefore, there’s a chance it will spike in both directions, taking out sellers and buyers before resuming its course based on the HTF trend.
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For me, trading is about looking at the overall setup and then breaking it down into smaller chunks to make it more manageable.
That's why I prefer scalping.

Let hear your comment in real time, not hindsight.
I come from the future.
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  • #846,528
  • Nov 27, 2024 6:30am Nov 27, 2024 6:30am
Quoting Pat Chiko
{quote} {quote} Must be the climate change effect. Bro. you wrote it, the just a reminder........ Aggression won’t make you win, calmness can. Take care
Aggression is their owns head. I was never aggressive.

I asked questions and explained why I asked them.

See above copy from the post you mentioned:
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.

This is what I wrote. Ofc everything I asked I provided evidence of why I asked these questions in the first place.

People getting defensive and calling me “aggressive” is what….?

I’m trying to explain in as much detail as possible but comprehension isn’t the best with some folks around here.
How to succeed in zero sum game?
  • #846,529
  • Nov 27, 2024 6:40am Nov 27, 2024 6:40am
Quoting dempire1
{quote} Aggression is their owns head. I was never aggressive. I asked questions and explained why I asked them. See above copy from the post you mentioned: 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...
Bro..

I understand your perspective on trading and the concerns about making consistent money, especially in FX.
It's true that the market mechanics are different from stocks, and the zero-sum nature can make it challenging.

When analyzing market structure on the higher time frame (HTF), it provides a clearer view of the broader trends and patterns.
However, when we drill down to lower time frames, it can indeed get confusing for those who might not be familiar with the nuances.

Trading isn't a straightforward process with fixed rules; it’s more like navigating through a forest to find the right tree.

The candlesticks and support/resistance lines are tools that help us interpret market behavior, but understanding the underlying dynamics is crucial.
It’s about recognizing the context behind those levels and what drives price movements.

While it might seem miraculous at times, it's really about developing a deeper understanding of the market’s structure and the forces at play.
In the end, it’s essential to remember that trading is less about seeking miracles and more about honing our skills to interpret the market effectively.

I give you example later on how non competence people see the market structure. Later if i can find those chart.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #846,530
  • Nov 27, 2024 6:47am Nov 27, 2024 6:47am
Quoting Pat Chiko
{quote} Bro.. I understand your perspective on trading and the concerns about making consistent money, especially in FX. It's true that the market mechanics are different from stocks, and the zero-sum nature can make it challenging. When analyzing market structure on the higher time frame (HTF), it provides a clearer view of the broader trends and patterns. However, when we drill down to lower time frames, it can indeed get confusing for those who might not be familiar with the nuances. Trading isn't a straightforward process with fixed rules; it’s...
I can’t take you seriously since you generate your texts with AI. Even the whole idea you wrote here vs what I tried to tell is completely wrongful. I tested it with many different AI providers.
Uploaded couple of pics too. Just incase. But I will still probably be attacked because I’m the bad guy here
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How to succeed in zero sum game?
  • #846,531
  • Nov 27, 2024 6:49am Nov 27, 2024 6:49am
Quoting Pat Chiko
{quote} CABLE Help me with this. I can't be sure this will work out in my favor. However, this LTF setup is based on HTF analysis. Therefore, there’s a chance it will spike in both directions, taking out sellers and buyers before resuming its course based on the HTF trend. {image} For me, trading is about looking at the overall setup and then breaking it down into smaller chunks to make it more manageable. That's why I prefer scalping. Let hear your comment in real time, not hindsight.
Pat!

You've gone a very long way in acquiring the basic knowledge and experience. The rest is minor.

The truth, Intraday scalping is a pure waste of time and energy. Every activities here is a game of percentages which can be solved easily with proper risk management. Same risk applied to picking bountiful pips is same with acquiring just fractional.. Allowing profit to run gives a better edge while scalping tends to keep one perpetually under risk of throwing back.

Operate from minimum of daily level, divide trade into fractals, pick some profits and allow some to run, then u are there...
Market Structure is the King.....
  • #846,532
  • Nov 27, 2024 7:12am Nov 27, 2024 7:12am
Quoting dempire1
{quote} I can’t take you seriously since you generate your texts with AI. Even the whole idea you wrote here vs what I tried to tell is completely wrongful. I tested it with many different AI providers. Uploaded couple of pics too. Just incase. But I will still probably be attacked because I’m the bad guy here {image} {image}
No worries, no bad or good guy here.

I appreciate your understanding.
It's clear that there are varying opinions on AI and its role in our lives.
While some may view it with skepticism, it's undeniable that AI tools can be powerful assets when used responsibly and ethically.

As you've mentioned, several individuals have expressed similar concerns on me using AI.
However, I believe that open dialogue and constructive criticism can help us navigate these challenges and maximize the benefits of technology.

Let's return to the core topic: technical analysis of GBP/USD.
I'm eager to delve into your insights and learn from your perspective.
Please feel free to share your analysis in detail, including your specific observations, indicators, and strategies.

I'm confident that through this discussion, we can gain valuable insights and potentially identify new opportunities to elevate our trading skills.
I look forward to a productive and informative exchange.

Thank in advance
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #846,533
  • Nov 27, 2024 7:19am Nov 27, 2024 7:19am
Quoting Abeylyn
{quote} Pat! You've gone a very long way in acquiring the basic knowledge and experience. The rest is minor. The truth, Intraday scalping is a pure waste of time and energy. Every activities here is a game of percentages which can be solved easily with proper risk management. Same risk applied to picking bountiful pips is same with acquiring just fractional.. Allowing profit to run gives a better edge while scalping tends to keep one perpetually under risk of throwing back. Operate from minimum of daily level, divide trade into fractals,...
I agree with you.
As Newbie, focusing on shorter-term strategies like scalping can be a great way to gain experience and build confidence.
I use Daily and H4 timeframes for this scalping approach.

Hoping as I continue to develop skills and understanding of the market, only then may consider incorporating longer-term swing trades into the strategy.

Like you always said it........ it's important to balance risk and reward, and to have a solid risk management plan in place.

Thanks for helping newbie like me
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #846,534
  • Nov 27, 2024 7:21am Nov 27, 2024 7:21am
Quoting Pat Chiko
{quote} No worries, no bad or good guy here. I appreciate your understanding. It's clear that there are varying opinions on AI and its role in our lives. While some may view it with skepticism, it's undeniable that AI tools can be powerful assets when used responsibly and ethically. As you've mentioned, several individuals have expressed similar concerns on me using AI. However, I believe that open dialogue and constructive criticism can help us navigate these challenges and maximize the benefits of technology. Let's return to the core topic: technical...
I said everything I had to say and provided links to back up my questions. Feel free to check em.

Your answer is AI generated again, im talking to a robot.

AI is ok to use sometimes (“dirty” office job for example) but It can’t do the thinking.
How to succeed in zero sum game?
  • #846,535
  • Nov 27, 2024 7:22am Nov 27, 2024 7:22am
Yes yes yes
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yes yes yes
  • #846,536
  • Nov 27, 2024 7:24am Nov 27, 2024 7:24am
Quoting dempire1
{quote} Aggression is their owns head. I was never aggressive. I asked questions and explained why I asked them. See above copy from the post you mentioned: 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...
CABLE

Bro

Help me on this one.

Do I start looking for SHORT or keep the LONG open ?
I put up my TA marked up on the chart.

I want to know how you handle this without TA.
Share me the secret,

As newbie, I may learn few things from you
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #846,537
  • Nov 27, 2024 7:34am Nov 27, 2024 7:34am
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Pat. you will take your prfts on longs , in FEW minutes and reverse to short..........................

Then , you may take your break..............

SOON.

  • #846,538
  • Nov 27, 2024 7:38am Nov 27, 2024 7:38am
Quoting dempire1
{quote} I said everything I had to say and provided links to back up my questions. Feel free to check em. Your answer is AI generated again, im talking to a robot. AI is ok to use sometimes (“dirty” office job for example) but It can’t do the thinking.
Bro.
I appreciate your feedback.
While I do utilize AI to assist with certain tasks, such as drafting responses (simply by speaking and saving time on typing), it's important to note that I always review and edit the output to ensure accuracy and relevance.
And let's face it, some traders are even using AI to make trading decisions.
Who can blame them for seeking efficiency?

I'm not here to hide behind technology.
I'm genuinely interested in discussing trading strategies and market analysis with you.
However, I believe that a more efficient way to engage is through direct conversation and sharing insights.

Instead of simply providing links, let's delve deeper into the concepts and discuss how they can be applied to real-world trading scenarios.
By engaging in a dialogue, we can gain a better understanding of each other's perspectives and learn from one another.

I'm open to your ideas and willing to share my knowledge.
Let's work together to elevate our trading skills and achieve our goals

Thanks in advance
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #846,539
  • Nov 27, 2024 7:40am Nov 27, 2024 7:40am
Quoting Pat Chiko
{quote} Bro. I appreciate your feedback. While I do utilize AI to assist with certain tasks, such as drafting responses (simply by speaking and saving time on typing), it's important to note that I always review and edit the output to ensure accuracy and relevance. And let's face it, some traders are even using AI to make trading decisions. Who can blame them for seeking efficiency? I'm not here to hide behind technology. I'm genuinely interested in discussing trading strategies and market analysis with you. However, I believe that a more efficient...
This is entirely AI generated again. Its not thinking have a good day!
How to succeed in zero sum game?
  • #846,540
  • Nov 27, 2024 7:44am Nov 27, 2024 7:44am
Quoting dempire1
{quote} This is entirely AI generated again. Its not thinking have a good day!
Help me with the trade question

Trying to understand how you trade.

Please don't provide "link" again.
(It is not yours anyway)

Thanks in advance
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
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