Cable&Fiber: Intraday Setups

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Jack said:
Yeah, that's the one thing I never quite got from the "I protect myself against the complete financial meltdown of the world economies by buying gold and silver" crowd (who are often backed by statements like: "gold has been a store of value for 5000+ years, it's safe")... if shit really hit the fan, what you'd want to have stock piled is practical things.. like barrels of gasoline, non-perishable foods, and pretty much anything that our just-in-time supply chain based society would quickly run dry on should our current financial system and infrastructure as we know it grind to a halt.

Oh, and you'd also make damn well sure no one else knows you have such stockpiles. Scarcity tends to create criminals, and there are many people out there with the "better you than me" mentality.

Or, put another way: "Society broke down and all you have is gold? That's great! I have a loaf of bread I'm looking to sell, and your children are starving; my price is 10oz of gold."

They'll reset the currency, pay the police/military with the new (read: better) stuff and no gap in total control of the population. Stock guns/ammo/food if you want, but better to simply guarantee a foothold in the "new" economy with what will back the new currency.
 
Oh, I don't care to stock such things.. don't get me wrong. I'm just saying IF I was to horde anything I'd rather make sure it's practical (at least to me,) in such a scenario.

That aside, I agree to an extent, we'd likely see some new system replace the old before anything gets so bad that people are killing each other just to survive. I'm just not convinced it will be based on gold next time around.
 
Jack said:
Oh, I don't care to stock such things.. don't get me wrong. I'm just saying IF I was to horde anything I'd rather make sure it's practical (at least to me,) in such a scenario.

That aside, I agree to an extent, we'd likely see some new system replace the old before anything gets so bad that people are killing each other just to survive. I'm just not convinced it will be based on gold next time around.

One nice part about Westerners is we generally know the right people to kill. ;) And your neighbor rarely is it.
 
Sunday Rant

I'm sure you have all come to realize this... I have a big Ego. I think I know a lot, I have a lot of confidence.

But truth is... I wouldn't be SHIT without ICT. I didn't use all of what he taught, and I have really personalized my method to the point where I can say it is my own. But so many components, so many core ideas are based on ICT's instruction that I simply cannot ignore his contribution. My Ego wants me to believe that I did this all on my own, or even mostly on my own... but it isn't true.

I don't know where I'd be if he didn't show up on BP 4 years ago, and keep dishing out the gold nuggets over the next 4 years... but I'm glad I'm not wherever that is!
 
Predicting a good buying opportunity for Cable on Tuesday intraday. Hindsight of course ;D

PS
'sup Troy... I see you lurkin' my thread bro ;)
 
the golden gun said:
Predicting a good buying opportunity for Cable on Tuesday intraday. Hindsight of course

wanabe mentors need to produce potential setups rather than make blanket, rather meaningless, 'predictions'.
 
1t9ba8.gif
 
rod178 said:
Post some meat and I will

Gotta start asking yourself some tough questions rod178...

like, why is my thread the 2nd most replied to thread on FXgears, on track to be the 1st most replied to thread within the next few months?

If my thread is garbage/fluff, why do you keep showing up to talk about it?

If you don't believe it can stand on its own merits, then let it collapse and go dark on its own accord.

Why can't you leave me alone?
 
The only question I ever had was why this thread was not posted under Community Chat (read joke section). Post some meat and I will leave you with your cat.
 
rod178 said:
The only question I ever had was why this thread was not posted under Community Chat (read joke section). Post some meat and I will leave you with your cat.

You wouldn't know meat if it slapped you on the side of the face and left a trail of blood down your chin.

Get lost.
 
Anyway...

I took a buy on euro, took a little off 'cuz of that order block we're at which also lines up with 1.2950.

Plenty of amazing reasons that I took this buy:

1. Weekly order block 50% equilibrium
2. The range we're in is at 50% equilibrium also!
3. Broke Friday's low, no news, liquidity hunting. Lined up with 1x deviation from dealers range and ote from last tuesday's swing low during NY session
4. Seasonality long euro
5. USDX order block held - Looking hopefully for price to retrace to 84 key figure for now.
6. Small risked %
 

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the golden gun said:
..
like, why is my thread the 2nd most replied to thread on FXgears, on track to be the 1st most replied to thread within the next few months?
..

To be honest?
The main reason for that is because we keep yapping back when u yapping sh*t.. 8)

-P
 
Piper said:
To be honest?
The main reason for that is because we keep yapping back when u yapping sh*t.. 8)

-P

Haha, it's like you can't help yourselves ;)

Trust that everything is happening exactly how I want it to happen.
 
Fuzzbuggy said:
Anyway...

I took a buy on euro, took a little off 'cuz of that order block we're at which also lines up with 1.2950.

Plenty of amazing reasons that I took this buy:

1. Weekly order block 50% equilibrium
2. The range we're in is at 50% equilibrium also!
3. Broke Friday's low, no news, liquidity hunting. Lined up with 1x deviation from dealers range and ote from last tuesday's swing low during NY session
4. Seasonality long euro
5. USDX order block held - Looking hopefully for price to retrace to 84 key figure for now.
6. Small risked %

Thank-you for injecting some trading into this trading thread while I'm busy interacting with my fanbase :)
 

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