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Cable Update (GBPUSD)

  • #433,681
  • Jun 28, 2016 8:56am Jun 28, 2016 8:56am
If price close above Kaufman's 20AMA on 4H I will consider holding bullish to Kaufman's 50AMA on 4H with a close bearish on 1H.
FREEDOM IS SECURITY.
  • #433,682
  • Jun 28, 2016 8:58am Jun 28, 2016 8:58am
Quoting KeenPips
{quote} Forget about guru-posts! Trade your platform and what you see; predictions/opinions only count when you act on them. Take whatever you feel work for you from FF and share what you feel like sharing. KP
I have been here for a while. And I realised I only make pips and $ when I don't look or post here. So I stopped all my journals etc, maybe I am just paranoid but I would rather trade what works for me than to share it here and risk some chance that someone decides to trade against me.
A 1 pip gain is better than a 1 pip loss.
  • #433,683
  • Jun 28, 2016 9:00am Jun 28, 2016 9:00am
Quoting hippiedog
{quote} Aeternum this is a community forum? My advice to you is to ask Lock about his images Rather than presume, presumption and information are two different things.This is not school aeternum, people should ask a question if they find something difficult but there rarely are any. So ERM... You know. Back to work. Cheers.
I believe you misunderstood me. I do not presume anything. There is nothing to presume from his charts.

I never said this is school. But you and I both know that newbie traders come here to get misleading information and "predictions" all the time. Why don't you tell that to those traders out there?

I am merely stating that his charts are difficult to read and understand, be it profitable for him or not.
A 1 pip gain is better than a 1 pip loss.
  • #433,684
  • Jun 28, 2016 9:02am Jun 28, 2016 9:02am
Quoting aeternum
{quote} I have been here for a while. And I realised I only make pips and $ when I don't look or post here. So I stopped all my journals etc, maybe I am just paranoid but I would rather trade what works for me than to share it here and risk some chance that someone decides to trade against me.
If somebody trades against you, no dent to your trade. None of us here owns the market or can manipulate it. However, I respect your judgement lol.

KP
Do your homework, follow the footprints of smart money
  • #433,685
  • Jun 28, 2016 9:05am Jun 28, 2016 9:05am
Quoting aeternum
{quote} I have been here for a while. And I realised I only make pips and $ when I don't look or post here. So I stopped all my journals etc, maybe I am just paranoid but I would rather trade what works for me than to share it here and risk some chance that someone decides to trade against me.
Because this is GBP thread for GBP traders. If newbies want to learn then should look for learning thread. If newbie want to ask question then ask. Relax man, nobody trying to out trade you.We all here simply to wind bones up.Join in its great fun.😂
FREEDOM IS SECURITY.
  • #433,686
  • Jun 28, 2016 9:06am Jun 28, 2016 9:06am
Quoting hippiedog
{quote} Yup, I was watching your post yesterday. You still in? 👏 I'm holding on 1H looking to go higher timeframe, not 100% sure yet though. 1H good enough for now though.👍
Yes until my tl gets hit . If it bounces I will add a pp the first trade there . Regards
  • #433,687
  • Jun 28, 2016 9:08am Jun 28, 2016 9:08am
Quoting KeenPips
{quote} If somebody trades against you, no dent to your trade. None of us here owns the market or can manipulate it. However, I respect your judgement lol. KP
Well, I'm probably just paranoid. But I have been clean of this forum for a long time, and during this period, I have never lost a trade. It has not been smooth sailing because I have been breaking out of my strategy a number of times but so far so good.

Opinions and facts are good to have a look at here. Things that present information to you, like market news and fundamentals that you may not have seen on the web will definitely help. But anything else.. Hit and miss I guess is the best way to describe it.
A 1 pip gain is better than a 1 pip loss.
  • #433,688
  • Jun 28, 2016 9:11am Jun 28, 2016 9:11am
Quoting aeternum
{quote} Well, I'm probably just paranoid. But I have been clean of this forum for a long time, and during this period, I have never lost a trade. It has not been smooth sailing because I have been breaking out of my strategy a number of times but so far so good. Opinions and facts are good to have a look at here. Things that present information to you, like market news and fundamentals that you may not have seen on the web will definitely help. But anything else.. Hit and miss I guess is the best way to describe it.
Do your homework, follow the footprints of smart money
  • #433,689
  • Jun 28, 2016 9:12am Jun 28, 2016 9:12am
i'm going short here, sl 1.3450
  • #433,690
  • Jun 28, 2016 9:12am Jun 28, 2016 9:12am
lol cool ,lets face it his gut reaction is spot on

Quoting hippiedog
{quote} Because this is GBP thread for GBP traders. If newbies want to learn then should look for learning thread. If newbie want to ask question then ask. Relax man, nobody trying to out trade you.We all here simply to wind bones up.Join in its great fun.😂
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #433,691
  • Jun 28, 2016 9:14am Jun 28, 2016 9:14am
Quoting Bones
lol cool ,lets face it his gut reaction is spot on {quote}
Thought you were never going to reply.👍 Hehehe
FREEDOM IS SECURITY.
  • #433,692
  • Jun 28, 2016 9:14am Jun 28, 2016 9:14am
Quoting hippiedog
{quote} Because this is GBP thread for GBP traders. If newbies want to learn then should look for learning thread. If newbie want to ask question then ask. Relax man, nobody trying to out trade you.We all here simply to wind bones up.Join in its great fun.😂
Again, you and I both know newbies here don't look at newbie threads. They come here praying for a miracle.

I am very relaxed dear sir. I only feel that it's good if people who come here for information, actually do get information out of it.

I am a technical trader and as mentioned in my previous post, I am skeptical about showing information here. So honestly, I have nothing nice to contribute. But there are many great fundamental traders here that still bring me back to observe the threads. Just have to identify these nice folks.
A 1 pip gain is better than a 1 pip loss.
  • #433,693
  • Jun 28, 2016 9:23am Jun 28, 2016 9:23am
all cool haha ,heres the actual author of his strategy
http://www.telegraph.co.uk/business/...rank-abagnale/
Quoting hippiedog
{quote} Thought you were never going to reply.👍 Hehehe
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #433,694
  • Jun 28, 2016 9:23am Jun 28, 2016 9:23am
Quoting aeternum
{quote} Again, you and I both know newbies here don't look at newbie threads. They come here praying for a miracle. I am very relaxed dear sir. I only feel that it's good if people who come here for information, actually do get information out of it. I am a technical trader and as mentioned in my previous post, I am skeptical about showing information here. So honestly, I have nothing nice to contribute. But there are many great fundamental traders here that still bring me back to observe the threads. Just have to identify these nice folks.
Dude its fine, relax. Join in.
FREEDOM IS SECURITY.
  • #433,695
  • Edited 9:42am Jun 28, 2016 9:29am | Edited 9:42am
Quoting Bones
Hi Dean id be careful $ is super bullish ,especially any interest rate rise likely delayed if it was ever to happen. for $ to go higher this month I would think is a problem, which may well feed into next month {quote} {image}
Hey Tony wise words there thoughts appreciated ..
Sometimes it feels like your walking into the lions den knowing they are in there ..
(no that this place the market lol) ..

Caught this at 147 short - plan was if it hits back to 142 then close on 500 pips ..

so 1,350 pips riding this wave in this moment ..
  • #433,696
  • Jun 28, 2016 9:37am Jun 28, 2016 9:37am
lol your right you know I'm passionate ,gets me in trouble

Quoting dean1star
{quote} Hey Tony wise words there thoughts appreciated .. Sometimes it feels like your walking into the lions den knowing they are in there lol ..
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #433,697
  • Edited 12:23pm Jun 28, 2016 9:46am | Edited 12:23pm
Quoting hippiedog
{quote} Yup, I was watching your post yesterday. You still in? �� I'm holding on 1H looking to go higher timeframe, not 100% sure yet though. 1H good enough for now though.��
No free fall yet though as reacting at reaction lows , 1.330 should test again and again before the real disaster ,not just news reaction or survive with a great strength together with eurozone.Monthly close already doing below the level of concern approx. 1.4560 for few months , weekly close may help presently if over 1.3780 by few wks .Anyway strong pressure down remain very strong > monthly & weekly time frames.Thanks , fontu

Quoting actually Bones post . ok though .
Quoting Bones
Id suggest you don't see free fall ,like you may have thought ,although could well hit lower ,monthly close is very important {quote} {image}
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDMonthly.png Size: 34 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #433,698
  • Jun 28, 2016 9:50am Jun 28, 2016 9:50am
OK, so this candle now on 1H is bearish on the envelopes 10/0.10. If price continue bearish below this candle and closes below I will close my buy otherwise holding.
Sorry peeps I am mobile can't post charts currently.
FREEDOM IS SECURITY.
  • #433,699
  • Jun 28, 2016 9:54am Jun 28, 2016 9:54am
Quoting fontu
{quote} No free fall yet though as reacting at reaction lows , 1.330 should test again and again before the real disaster ,not just news reaction or survive with a great strength together with eurozone.Monthly close already doing below the level of concern approx. 1.4560 for few months , weekly close may help presently if over 1.3780 by few wks .Anyway strong pressure down remain very strong > monthly & weekly time frames.Thanks , fontu
Thanks for info. 👍
FREEDOM IS SECURITY.
  • #433,700
  • Jun 28, 2016 10:11am Jun 28, 2016 10:11am
About newbes.

If you want to play tennis, well, you may start taking some lessons from your neighbor or in some club. Then, if you're fine, you may become a pro, after years, and start to play in some competition, maybe at a regional level, then national, then if you really are a master, at a global level.
Problem here in the market, is that you have not such a possibility. When you start you are immediately "at a global level". Your competitors are the best in the world, like, for tennis, at Wimbledon. And if you want to survive you have to be good, immediately.
So "newbes" could only do some useful thing here: massively study before to even think to start trading (wishing to have the luckyness to be very close to some good mentor), start using demo and only after the needed time, start to trade with real money.
Otherwise the lifespan of a newbe, (whatever the forum or the news, or whatever the method) will be very very short.

And by the way, all what I've said here comes directly from my mentor teaching. I consequently suggest any newbe here to take it very seriously.
Ubi maior minor cessat
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