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Cable Update (GBPUSD)

  • #849,921
  • Jan 3, 2025 7:52am Jan 3, 2025 7:52am
Quoting tiborf71
{quote} why do you think trading based on S/R levels works in the long run? because there is no other way?
Really "no other way"... have you tried them all...
  • #849,922
  • Jan 3, 2025 7:52am Jan 3, 2025 7:52am
Quoting BeeTogether
Seems everyone is off again lol very quiet considering how much of a bitch slap the GBP got yesterday.
Not me, made loads yesterday. Waiting to buy for at least 1000 pips. EU at least 500 pips. Waiting for the right entry. If I entered now my lot size would be small.
  • #849,923
  • Jan 3, 2025 7:53am Jan 3, 2025 7:53am
Quoting BeeTogether
Seems everyone is off again lol very quiet considering how much of a bitch slap the GBP got yesterday.
it's a blessing. the thread was unbearable a year ago...
trading is like dancing, don't think and just listen to the music!
  • #849,924
  • Edited 9:00am Jan 3, 2025 8:20am | Edited 9:00am
no progress for me since morning single trade open , actually if 2/3 hours not work it should not at the same way ! . anyway waiting now 1st confirmation 2385 or close h1 below 2399 for a correction for more bounce if still possible ! anyway this necessary holding a top may tail to bottom or more down. take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #849,925
  • Edited 8:38am Jan 3, 2025 8:28am | Edited 8:38am
Quoting BeeTogether
Seems everyone is off again lol very quiet considering how much of a bitch slap the GBP got yesterday.
pretty sure most of the active traders in this thread were long bias, human nature. price algorithms are designed to take advantage of this to collect contracts/positions for large orders imho. not unlike fishing with a net. all to often traders forget that these are micro movements in price fluctuation, large institutions don't give a rat's azz about pips, they literally are humored by the insatiable need to predict such small changes in price. it works in their favor and takes advantage of such small players in the market. ignoring pips, trading daily bars by cents and taking small positions is the only way to consistently participate in price fluctuation. they have complete control exactly like a horse race. "Old Man Shit" good luck to everyone 2025.
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"The Rich Never Pay Retail"
  • #849,926
  • Jan 3, 2025 9:03am Jan 3, 2025 9:03am
Quoting teprewitt23
{quote} pretty sure most of the active traders in this thread were long bias, human nature. price algorithms are designed to take advantage of this to collect contracts/positions for large orders imho. not unlike fishing with a net. all to often traders forget that these are micro movements in price fluctuation, large institutions don't give a rat's azz about pips, they literally are humored by the insatiable need to predict such small changes in price. it works in their favor and takes advantage of such small players in the market. ignoring pips,...
“price algorithms are designed to take advantage of this to collect contracts” - do you yourself understand how empty-headed you sound?

Maybe there are lots of different algorithms designed by different participants that trade different methods but your methodologies are like prey in the wild? You know outdated or sold by charlatans to ***** like all this SMC, ICT, elliot wave, TA ?

Have a fun weekend!
How to succeed in zero sum game?
  • #849,927
  • Jan 3, 2025 11:34am Jan 3, 2025 11:34am
Quoting Wavegarrick
{quote} It is clear that 100K support was not to be, no crystal ball unfortunately and I was wrong. What is clear is that dollar cost averaging, trading small to trade another day works for me. No over leveraging. The market is not going to run away. It will always be there, and another day will be another opportunity. I do believe that we are in a bull market with Bitcoin and retraces will be there. With Trumps inauguration on the 20th of January there will be sparks. As always not financial advice and trade your own trade. Have a Merry Christmas....
Bitty trades hanging in. I am still Bullish as hell with Trumps inauguration on the 20th of Jan, Have a prosperous new year.
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Trade to trade another day
  • #849,928
  • Jan 3, 2025 11:48am Jan 3, 2025 11:48am
Quoting Wavegarrick
{quote} Bitty trades hanging in. I am still Bullish as hell with Trumps inauguration on the 20th of Jan, Have a prosperous new year. {image}
Hi Leon havn't heard from you for ages, hope you are well, thanks for the updated chart, always a pleasure...where's your TP if you have one ...
  • #849,929
  • Jan 3, 2025 2:02pm Jan 3, 2025 2:02pm
Quoting dempire1
{quote} “price algorithms are designed to take advantage of this to collect contracts” - do you yourself understand how empty-headed you sound? Maybe there are lots of different algorithms designed by different participants that trade different methods but your methodologies are like prey in the wild? You know outdated or sold by charlatans to ***** like all this SMC, ICT, elliot wave, TA ? Have a fun weekend!
have a fun weekend.......FU
"The Rich Never Pay Retail"
  • #849,930
  • Jan 3, 2025 2:56pm Jan 3, 2025 2:56pm
Quoting ScalaFX
{quote} add EU 0240
protected
People don't plan to lose. They lose because they don't plan.
  • #849,931
  • Jan 3, 2025 4:11pm Jan 3, 2025 4:11pm
Quoting teprewitt23
{quote} have a fun weekend.......FU
I will. Hopefully you too

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How to succeed in zero sum game?
  • #849,932
  • Jan 3, 2025 6:57pm Jan 3, 2025 6:57pm
Quoting dempire1
{quote} I will. Hopefully you too {image}
looking back through your comments, what a sad pathetic human. you are everything you accuse others of being
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"The Rich Never Pay Retail"
  • #849,933
  • Jan 3, 2025 10:06pm Jan 3, 2025 10:06pm
could go there somewhere then down to around those support levels
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  • #849,934
  • Jan 3, 2025 11:55pm Jan 3, 2025 11:55pm
Quoting teprewitt23
{quote} looking back through your comments, what a sad pathetic human. you are everything you accuse others of being {image}
1. I usually have a problem with scammers, charlatans, salesmen and very low iq folk…
“you are everything you accuse others of being” - that part I cannot understand because it doesn’t make sense like your knowledge and performance about trading
How to succeed in zero sum game?
  • #849,935
  • Jan 4, 2025 12:26am Jan 4, 2025 12:26am
Quoting dempire1
{quote} 1. I usually have a problem with scammers, charlatans, salesmen and very low iq folk… “you are everything you accuse others of being” - that part I cannot understand because it doesn’t make sense like your knowledge and performance about trading
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  • #849,936
  • Jan 4, 2025 12:56am Jan 4, 2025 12:56am
Pat Chiko left her/his out here running


You hungry?
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How to succeed in zero sum game?
  • #849,937
  • Jan 4, 2025 1:38am Jan 4, 2025 1:38am
Quoting dempire1
Pat Chiko left her/his out here running You hungry? {image}
Fed and watered...
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  • #849,938
  • Jan 4, 2025 2:38am Jan 4, 2025 2:38am
switched to 15m chart
less signals , more accurate
1 signal yesterday for 7 pips
because it was against the trend
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yes yes yes
  • #849,939
  • Jan 4, 2025 3:47am Jan 4, 2025 3:47am
Quoting Jackoboms
What does this mean for the USD, any implication fundamentally? {image}
theoretically it is mean stronger USD. This could be even reason why we saw such strong moves down.
Anyway choose wisely FX pairs against usd...
For example from next week I will focus only buy GBP along 3 months..
Always follow your own shit
  • #849,940
  • Jan 4, 2025 9:29am Jan 4, 2025 9:29am
Custom chart.
Question:
How frequently does the 'London' candle close its gaps and how long does it typically take?

Question 2:
Will the statistics differ if I generate synthetic data and sample it by 9 hours?

Could be an interesting topic to research instead of drawing lines on Brownian motion
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Air force
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