Happy Weekend
Inserted Video
1
Why is GBPUSD called cable? 67 replies
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
cable short for gbpusd? 6 replies
Disliked{quote} agreed on the prediction thing but I dont think its completely random. I think of it as supply and demand and “support and resistance” but not in a classical way.Ignored
DislikedThe 2 purple lines will be the daily pivot in coming Monday, from the past 4 trading days, I can see that the lows are going lower but unwilling to break much further down, seems the downward pressure is limited. It is likely Monday price will cross up and stay above daily pivot, turning bias to bullish once again, if it's not then continue to be a bear. Monday is USD bank holiday, I'm going to be stay out of market and trade starting from Tuesday. Discipline is key. {image}Ignored
Disliked{quote} Have to agreed with you with support and resistance, there is proof that the price hits a support or resistance but you never know until after the fact weather it' S/R or a breakout, again 50/50 in my eyes, what I should say is that "I" treat the markets as random, therefore eliminating any bias which doesn't cloud any of my trading decisions .....thanks for your post, have admired your live trades for a long time although not seen many of lateIgnored
Disliked{quote} To the vast majority of retail traders the market is random. But it isn't. Price is placed by the market maker therefore we need to play the MM game. Less thinking.Ignored
Disliked{quote} i believe it might go down for while to the 1.1455 region and up move towards 1.1636 region , because 1.1636 hasn't gave retest ( a popular support broken back then aug 30 or 31 not sure thou ) {image}Ignored
DislikedI was checking on some of my losing trades like I always do so I can make corrections over coming weeks, I had to ask myself how I lost this descent sell to stoploss, I had to use sl on this account cus it’s prop firm fund and 5% daily DD ended with almost 4% profit but could have been so cool if all this sells workout. 2 things i learn is entry time and rules breaking we go again next week and lesson learnt {image}Ignored
Disliked{quote} inconsistent lot trading is not bad but won't last long.Ignored
Disliked{quote} inconsistent lot trading is not bad but won't last long.Ignored
Disliked{quote} from the propfirm account everytime i drop down of 2.5% i reduce my lot size to bounce back atleast half of what i lost previously if i make it back to full daily dd i go back to 1% use of my marginIgnored
Disliked{quote} I think that seems to be the plausible action. We should see a rise after the PM is chosen if anything to just clear the air of uncertainty. How long will the honeymoon period last is dependent on how long she will keep her muzzle on.Ignored