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Cable Update (GBPUSD)

Quoting elbert3
{quote} xxxxx thats me done ,,,in more ways than one lol,,,B
... Have a great weekend brother.
Ghost Rider - WWTBMD?
Quoting elbert3
{quote} full bottle now,,,lifes great ,,have a good weekend and remember dont be a dull boy on a sunny day xxxxxxxxxxxxxxxxx
Whatever you say , Billy. But you know me....no S/L no Trades..... have a good weekend.
Hear the music before the song is over ...
Quoting srt
{quote} One of the first things I'm trying to figure out is the stops @ 1.6610 that were taken out. If it's common knowledge that there's lots of stops @ 1.6610 & I'm a large player, why would I put my stop there knowing someone is gunning for it? This knowledge of the stops, is this something large players can see on institutional order flow sheets or how do we know that's where they're at? If there were a ton of short stops that got hit @ 1.6610 that should have created a large order of buys pushing prices higher. Why only a 3 pip move higher...
You nailed it right there.I bet 90% of the people still wont get what you have posted.They will never learn because trading is not for them.Most of of the idiots in this forum don't know what the hell they are doing.This is basic of the human psychology
Quoting mindgame
{quote} You nailed it right there.I bet 90% of the people still wont get what you have posted.They will never learn because trading is not for them.Most of of the idiots in this forum don't know what the hell they are doing.This is basic of the human psychology
Must admit, I'm not sure what srt was getting at or was suppose to have nailed. Trading is not all that difficult, you don't need to be a mastermind to be successful.
Quoting GlobalMacro
{quote} Whatever you say , Billy. But you know me....no S/L no Trades..... have a good weekend.
If you look at a trade 6587 i think i put in a sl,because of the size i took 21 pips off it i can deal with most of the trades i take like now over the week end i have 3 in the black pp or sl 6595 is on when i am away from the pc if i have a large trade i stick a sl on,, i found that sl was doing me in,,over protective of the trade i tried 5 and 10 lots with 8 pip sls that did the acc no good at all ,yes i was getting big wins but the sl was to tight ,,so now i have a preferred sl,,thats down to my preference at any given time ,,i hope this makes it more clear ,i know that your concerned ,,but dont be,,best regards Billy,,you live life this weekend ,,
Have a great Labor Day weekend everyone. Enjoy.


Attached Image
Hear the music before the song is over ...
Quoting eliasahmar
Nice ending of the week and it closed above 6600, now looking forward for more upside move next week
Odd, I got a close of 6595 on the button.
Mines based on NY time, so maybe a different closing time for others
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Come with me if you want to live....
  • Post #395,468
  • Quote
  • Edited Aug 30, 2014 1:23am Aug 29, 2014 7:24pm | Edited Aug 30, 2014 1:23am
Quoting mindgame
{quote} You nailed it right there.I bet 90% of the people still wont get what you have posted.They will never learn because trading is not for them.Most of of the idiots in this forum don't know what the hell they are doing.This is basic of the human psychology
sir your new her have some respect please ,you dont even know the traders here ,their background ,their acc size their trading style,,there are no idiots here only people ..post your charts post your opinions, if you think that your more in the know than the others here ,,if you dont i will know that you cant regards E
May-Aug a bearish quarter but 6750 area is a spot I'll watch after we start the next quarter.
Won't be at all surprised to see it retested
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Come with me if you want to live....
Quoting elbert3
{quote} If you look at a trade 6587 i think i put in a sl,because of the size i took 21 pips off it i can deal with most of the trades i take like now over the week end i have 3 in the black pp or sl 6595 is on when i am away from the pc if i have a large trade i stick a sl on,, i found that sl was doing me in,,over protective of the trade i tried 5 and 10 lots with 8 pip sls that did the acc no good at all ,yes i was getting big wins but the sl was to tight ,,so now i have a preferred sl,,thats down to my preference at any given time ,,i hope this...
We'll talk about this in the coming weeks , months etc lol....but for now grab the wife's hand and get out to some place nice and have fun.
Regards to you as well , My Sparring Partner
Hear the music before the song is over ...
Month nearly complete now.

Interesting fact, since 1993 (my chart only goes back that far) cable has only managed to trade down 3 months consecutively 4 times in 21 years.

On a side note, interest rates in uk will be going up either late this year or early next year, how will this affect cable?
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Quoting elbert3
{quote} sir your new her have some respect please ,you dont even know the traders here ,their background ,their acc size their trading style,,there are no idiots here only people ..post your charts post your opinions, if you think that your more in the know than the others here ,,if you dont i will know that you cant regards E
Yah! Post more demo charts so we can see how cool you are!

The nerve of some people!

/sarcasm
Sit down and relax......
this is daily chart
Red line (tenkan sen) solid as support for the bear.....

as long as the price under red line, bearish remain solid.....
You can see the price has been held properly up to now...

Regards
Attached Image
Quoting GlobalMacro
{quote} Thank you. By the way I enjoy your analysis. Good work.
Thanks for appreciation......
Hi S Forex is not a centralised market ,you can not even have accurate volume ,
I don't know what is technically available to a large player over anyone else just something to think about ,
regardless we can see through tech where buyers and sellers are ,



Quoting srt
{quote} One of the first things I'm trying to figure out is the stops @ 1.6610 that were taken out. If it's common knowledge that there's lots of stops @ 1.6610 & I'm a large player, why would I put my stop there knowing someone is gunning for it? This knowledge of the stops, is this something large players can see on institutional order flow sheets or how do we know that's where they're at? If there were a ton of short stops that got hit @ 1.6610 that should have created a large order of buys pushing prices higher. Why only a 3 pip move higher...
#doyourownanalysisordietryin
LOL
Ghost Rider - WWTBMD?
what your suggesting does not make sense at all chris , I think you should see why small range w1 candle here is very different than top ,



Quoting albchr
{quote} Quite right. That was an excellent (and obvious) spot for a healthy retrace on the bull run. And we just got a doozy .... eh? Big guys took their cash, having a nice party with it and time to do it all over again. See ya back up there.
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#doyourownanalysisordietryin
Quoting Bones
what your suggesting does not make sense at all chris , I think you should see why small range w1 candle here is very different than top , {quote} {image}
I know it doesn't make sense to you Tony. That's ok.

But I fail to see what a 2 month chart has to do with a discussion on weekly sticks. Perhaps it's just your logic. That's ok too. To me, it's rather like using a yard stick to measure 1/64 when doing fine woodwork.

The is in the details.
Ghost Rider - WWTBMD?
it makes sense to me Chris because I will be right ,you will see
why ,because probability of monthly /2 month will crush your 1 week

Quoting albchr
{quote} I know it doesn't make sense to you Tony. That's ok. But I fail to see what a 2 month chart has to do with a discussion on weekly sticks. Perhaps it's just your logic. That's ok too. To me, it's rather like using a yard stick to measure 1/64 when doing fine woodwork. The is in the details.
#doyourownanalysisordietryin
Quoting Bones
it makes sense to me Chris because I will be right ,you will see why ,because probability of monthly /2 month will crush your 1 week {quote}
Yes Master.

Meanwhile, I'll continue to grow my account in BOTH directions.
Ghost Rider - WWTBMD?
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