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Cable Update (GBPUSD)

  • #476,021
  • Apr 3, 2019 4:16am Apr 3, 2019 4:16am
Quoting xtradex
{quote} So you are basically admitting to manipulating the DD on your mql5. Good to know...
My account on mql5 is not even in public area.. its 100% private stuff

I didn't even know a person could manipulate DD on MQL5, TBH, I strongly doubt anyone could do that..

What makes you think I would do any such thing?
Meditate -> Workout -> Good Food = Good Life!
  • #476,022
  • Apr 3, 2019 4:21am Apr 3, 2019 4:21am
Quoting YellowFellow
{quote} My account on mql5 is not even in public area.. its 100% private stuff I didn't even know a person could manipulate DD on MQL5, TBH, I strongly doubt anyone could do that.. What makes you think I would do any such thing?

Ah, ok then.

What makes me think that is that most mql5 providers would try anything to manipulte their accounts. There are many ways to do it and they try to exploit all of them just to gain subs.

The way you are freezing your floating profit is one way to manipulate DD. Your equity is now positive so even if you lose half of that profit on your next trade, the DD will be 0% as per mql5 calculation. And thats manipulation (not in your case since its private). And its not just mql5, its also myfxbook.
  • #476,023
  • Edited 8:16am Apr 3, 2019 4:29am | Edited 8:16am
Quoting xtradex
{quote} Ah, ok then. What makes me think that is that most mql5 providers would try anything to manipulte their accounts. There are many ways to do it and they try to exploit all of them just to gain subs. The way you are freezing your floating profit is one way to manipulate DD. Your equity is now positive so even if you lose half of that profit on your next trade, the DD will be 0% as per mql5 calculation. And thats manipulation (not in your case since its private). And its not just mql5, its also myfxbook.
my DD is already very dirty.. I have no intention to fix it or any such thing. Secondly, the numbers in the reports are beyond a trader's control. No matter how smart a trader is, the numbers and Forex don't give a sh!t..

Let me explain why I would freeze my floating profits.. last month when my profits went out of control, they shot beyond 100%, now that gave me higher target for next month, which I hate. My goal is to make 2 - 5% per month. But the amount being ultra tiny, I end up taking risks..

Let us say you make 10% steady and smooth every month, thereafter suddenly your reports begin to show -2% or so every month, now that's a bugger, my only intention is to freeze profits to cover rainy days, if that is bad, so be it.

PS: I'm not here to sell anything..

edited in italic
Meditate -> Workout -> Good Food = Good Life!
  • #476,024
  • Apr 3, 2019 6:15am Apr 3, 2019 6:15am
H1
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yes yes yes
  • #476,025
  • Apr 3, 2019 6:24am Apr 3, 2019 6:24am
can anyone help with this please. https://www.forexfactory.com/showthread.php?t=904714
  • #476,026
  • Apr 3, 2019 6:35am Apr 3, 2019 6:35am
Thinking Corbin will insert foot in mouth and fall off the tightrope he's walking ---- and pound will dive.
  • #476,027
  • Apr 3, 2019 7:55am Apr 3, 2019 7:55am
15m
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yes yes yes
  • #476,028
  • Apr 3, 2019 8:06am Apr 3, 2019 8:06am
Quoting Moty
15m {image}
I might wanna sell EU/US after all news has played out today.. Cable maybe a good sell too..
Meditate -> Workout -> Good Food = Good Life!
  • #476,029
  • Apr 3, 2019 8:44am Apr 3, 2019 8:44am
1st tp reached, 46 pips gained.
Aimming for 66 , at 1.31000
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yes yes yes
  • #476,030
  • Apr 3, 2019 9:18am Apr 3, 2019 9:18am
Sold at 1.3143 target 1.3041
Forex Learner
  • #476,031
  • Apr 3, 2019 9:27am Apr 3, 2019 9:27am
Well all I can say is that this is going to rise up up and up because of fundamental reason that no country likes to be in economical problems because of its own undoing so they will get a deal and it will be up up and up.
  • #476,032
  • Apr 3, 2019 11:45am Apr 3, 2019 11:45am
Quoting YellowFellow
{quote} I might wanna sell EU/US after all news has played out today.. Cable maybe a good sell too..
Didn't sell EU or GB.. bought US/CH and US/Jp.. seems like GB may have some upside energy..
Meditate -> Workout -> Good Food = Good Life!
  • #476,033
  • Apr 3, 2019 12:17pm Apr 3, 2019 12:17pm
EG+GU 15M
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yes yes yes
  • #476,034
  • Apr 3, 2019 1:15pm Apr 3, 2019 1:15pm
support levels nearby are 1.313, 1.308, and 1.298

resistance nearby is 1.316

there could be another dump before a pump higher
Don't Worry Be Happy
  • #476,035
  • Apr 3, 2019 2:04pm Apr 3, 2019 2:04pm
Double top on GBP/USD 1D

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  • #476,036
  • Apr 3, 2019 2:51pm Apr 3, 2019 2:51pm
GU 5M
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yes yes yes
  • #476,037
  • Apr 4, 2019 1:36am Apr 4, 2019 1:36am

Double Top

was formed on 04.04 at 01:15:18 (UTC+0)

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On the chart of GBPUSD M15, the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.3181; the lower boundary 1.3141; the width of the pattern 40 points. The signal: a break of the lower boundary will cause the continuation of the downward trend targeting the 1.3118 level.

The M5 and M15 time frames may have more false entry points.

to err is human
  • #476,038
  • Apr 4, 2019 1:52am Apr 4, 2019 1:52am
Quoting fontu
So working good todays target 3267 if not 3380!!take care
Carrying out.
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #476,039
  • Apr 4, 2019 2:18am Apr 4, 2019 2:18am
GU 3200 is resistance for today.

If it pushes up, then 3233. Daily R2
Intraday only.
  • #476,040
  • Apr 4, 2019 2:20am Apr 4, 2019 2:20am
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