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Cable Update (GBPUSD)

  • #436,361
  • Aug 12, 2016 3:08am Aug 12, 2016 3:08am
Quoting Kajos2250
{quote} are there some reasonable arguments or just emotion?
100%
  • #436,362
  • Aug 12, 2016 3:10am Aug 12, 2016 3:10am
Quoting pointlessfor
{quote} 100%
100% reasonable arguments or 100% just emotion????

Don't get me wrong, I'm more of a Bull so would love a Rally....
Don't Leave Money on the Table
  • #436,363
  • Aug 12, 2016 3:11am Aug 12, 2016 3:11am
Quoting pointlessfor
{quote} 100%
if you dont have plan for the trade, do not do it! and your comment totally useless! sorry!
Anything is math!
  • #436,364
  • Aug 12, 2016 3:11am Aug 12, 2016 3:11am
Quoting Kajos2250
{quote} are there some reasonable arguments or just emotion?
look W pattern . 2 candles formation. up up up
  • #436,365
  • Aug 12, 2016 3:13am Aug 12, 2016 3:13am
Quoting pointlessfor
{quote} look W pattern . 2 candles formation. up up up
which TF?
Anything is math!
  • #436,366
  • Aug 12, 2016 3:13am Aug 12, 2016 3:13am
Quoting pointlessfor
{quote} look W pattern . 2 candles formation. up up up
Any chance you can put up a chart???
Don't Leave Money on the Table
  • #436,367
  • Aug 12, 2016 3:14am Aug 12, 2016 3:14am
Quoting HaLBot
I have a big "Don't Jump In" sticker above my screen. I jump in at least three times a day.....
I can help myself, I'm like a kid with a bag of sweets...
Striving for consistency
  • #436,368
  • Aug 12, 2016 3:18am Aug 12, 2016 3:18am
C is inside period of B. So a possible breakout could occurr. Current gb high is poor. And we have an excess below. But all this market is very weak and there are big news late during preUS and Pit. Plus we are , as written many times, very close to the major composite POC. In order to escape from its attraction we need volume in the direction of any possible brekout. Current C low is round weak. And as written current GB low is weak as prev ref tag.
Ubi maior minor cessat
  • #436,369
  • Aug 12, 2016 3:20am Aug 12, 2016 3:20am
Quoting Lock
GB pre opening report. We are now inside yesterday gb session range/value. 29515 yesterday Pit poor/weak low obviously is a very important level for today. Curret Tokyo high at 29785 is poor. Price is up and down major composite POC at 2965 and we are tagging yesterday gb close at 29585
Agreed.

I must add what the London Initial Balance encloses the Asian Initial Balance.
With that said, I can conclude that there is much probability for the current day to be Nonmally Distributed.
The daily candle might come to a doji-like form.

Best
D.P.
Hunting High and Low
  • #436,370
  • Aug 12, 2016 3:22am Aug 12, 2016 3:22am
Quoting Lock
C is inside period of B. So a possible breakout could occurr. Current gb high is poor. And we have an excess below. But all this market is very weak and there are big news late during preUS and Pit. Plus we are , as written many times, very close to the major composite POC. In order to escape from its attraction we need volume in the direction of any possible brekout. Current C low is round weak. And as written current GB low is weak as prev ref tag.
what is your oppinion from market profile, does it work on higher TF too?
Anything is math!
  • #436,371
  • Aug 12, 2016 3:22am Aug 12, 2016 3:22am
Quoting Kajos2250
{quote} which TF?
W
  • #436,372
  • Aug 12, 2016 3:26am Aug 12, 2016 3:26am
Quoting pointlessfor
{quote} W
it can be you are watching wrong currency pair...
Anything is math!
  • #436,373
  • Aug 12, 2016 3:26am Aug 12, 2016 3:26am
Quoting Kajos2250
{quote} it can be you are watching wrong currency pair...
surprised!
  • #436,374
  • Aug 12, 2016 3:28am Aug 12, 2016 3:28am
Quoting Wdfx
{quote}... I'll wait a bit again. I have a big "Don't Jump In" sticker above my screen. I jump in at least three times a day.
Obey your sticker...it's a trading rule you made lol.

KP
Do your homework, follow the footprints of smart money
  • #436,375
  • Aug 12, 2016 3:33am Aug 12, 2016 3:33am
Quoting KeenPips
{quote} Obey your sticker...it's a trading rule you made lol. KP
I really try, I know I'm a naughty boy sometimes... In the meantime whilst waiting for something to happen there's a nice little scalp opportunity on the CHFJPY 1M - 5M. I know its off topic. apologies.
Striving for consistency
  • #436,376
  • Aug 12, 2016 3:36am Aug 12, 2016 3:36am
  •  IbkA
  • | Joined Nov 2009 | Status: 'Hope' + 'Greed' = GAMBLING... | 514 Posts
Quoting HaLBot
{quote} Any chance you can put up a chart???
Nice question there @HalBot.

And your question should be followed by all traders on this forum i.e. just as I cited in my original post earlier this week - previous experience has taught me that, before you start listening to or respecting any trader on this forum, just go back and review the validity of their previous posts or calls and view whether their posts were correct or even remotely correct, before attempting to learn their methods (although if one wants to evolve into a good trader, you should really learn your own methods as only you know how much equity you have in your account, your trading goals, and your own financial needs) - plus everyone's timeframes are totally different so if you're a swing trader then you can't afford to follow the daily or hourly updates of a trader who trades intraday or who scalps as a chosen strategy.

Have a great weekend all!

i.
  • #436,377
  • Aug 12, 2016 3:39am Aug 12, 2016 3:39am
just follow me and u will be in profit every day
  • #436,378
  • Aug 12, 2016 3:39am Aug 12, 2016 3:39am
Quoting IbkA
{quote} Nice question there @HalBot. And your question should be followed by all traders on this forum i.e. just as I cited in my original post earlier this week - previous experience has taught me that, before you start listening to or respecting any trader on this forum, just go back and review the validity of their previous posts or calls and view whether their posts were correct or even remotely correct, before attempting to learn their methods (although if one wants to evolve into a good trader, you should really learn your own methods as only...

Cheers Ibka, wise words....
Don't Leave Money on the Table
  • #436,379
  • Aug 12, 2016 3:41am Aug 12, 2016 3:41am
Quoting pointlessfor
just follow me and u will be in profit every day

Yeah but show us a chart.....I'm looking at weekly chart and not seeing the 'W' formation.....maybe I'm blind or total noobie or both...
Don't Leave Money on the Table
  • #436,380
  • Aug 12, 2016 3:43am Aug 12, 2016 3:43am
Quoting IbkA
{quote} Nice question there @HalBot. And your question should be followed by all traders on this forum i.e. just as I cited in my original post earlier this week - previous experience has taught me that, before you start listening to or respecting any trader on this forum, just go back and review the validity of their previous posts or calls and view whether their posts were correct or even remotely correct, before attempting to learn their methods (although if one wants to evolve into a good trader, you should really learn your own methods as only...
Could agree more. Well said. I still class myself as a rookie although I have been trading one way or another since 2010. It just in that last six months that I have managed to devote some serious time to it. Spent lots on trading courses and materials but in the end I am totally responsible for my own actions and trades, however willing to learn and listen. Not that I will always agree ...
Striving for consistency
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